Mexico Natie: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Mexico Natie
NACE 64.310, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.9m-€1.3m
Equity
€11.8m
2024 · €14.5m-€2.7m
Cash
€2,670
2024 · €152,155-€149,486
Balance sheet total
€34.6m
2024 · €41.3m-€6.7m
Largest movements
Assets
- Tangible fixed assets -€3.4m
down €3.4m (-10.6%), from €32.0m to €28.6m
of which Land and buildings: -€3.2m
- Receivables after one year -€3.0m
no longer reported in 2025 (was €3.0m)
Equity and liabilities
- Reserves -€4.0m
down €4.0m (-30.1%), from €13.4m to €9.4m
of which Distributable reserves: -€3.5m
- Debts after one year -€2.7m
down €2.7m (-15.9%), from €17.2m to €14.5m
of which Financial debts: -€2.8m
- Profit (loss) carried forward +€1.4m
up €1.4m (+173%), from €794,816 to €2.2m
- Trade debts -€774,621
down €774,621 (-61.6%), from €1.3m to €483,671
Income statement
- Services and other goods +€2.3m
up €2.3m (+91.9%), from €2.5m to €4.8m
- Provisions -€1.4m
down €1.4m, from €1.3m to -€105,876
- Financial income -€747,781
down €747,781 (-88.6%), from €844,406 to €96,625
of which Financial income: -€747,700
- Financial charges -€215,260
down €215,260 (-30.0%), from €717,995 to €502,734
- Other operating charges -€209,776
down €209,776 (-13.9%), from €1.5m to €1.3m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€2.9m
Turnover
+€219
Other operating income
-€8,377
Services and other goods
-€2.3m
Staff costs
+€8,919
Depreciation
+€161,836
Write-downs
-€26,153
Provisions
+€1.4m
Other operating charges
+€209,776
Other operating items
-€5,642
Financial income
-€747,781
Financial charges
+€215,260
Taxes
-€200,489
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€7.8m
Investment
-€736,940
Financing
-€7.2m
Cash 2024
€152,155
From operations (derived)
+€7.8m
Net result for the year
+€1.6m
Depreciation
+€4.4m
Receivables after one year
+€3.0m
Receivables within one year
-€210,413
Deferred charges and accrued income
+€69,273
Provisions
-€306,708
Trade debts
-€774,621
Tax, wage and social debts
+€260,640
Other debts
-€238,280
Accrued charges and deferred income
+€24,544
Investment (derived)
-€736,940
Investment in fixed assets (net)
-€736,940
Financing
-€7.2m
Debts after one year
-€2.7m
Current portion of long-term debt
-€237,766
Contributions, distributions and other
-€4.2m
Cash 2025
€2,670
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,254,681 | €34,580,032 | -€6.7m | -16.2% |
| Fixed assets | 21/28 | €34,925,854 | €31,259,551 | -€3.7m | -10.5% |
| Intangible fixed assets | 21 | €1,696,957 | €1,448,077 | -€248,880 | -14.7% |
| Tangible fixed assets | 22/27 | €32,022,117 | €28,638,393 | -€3.4m | -10.6% |
| Land and buildings | 22 | €30,452,478 | €27,297,263 | -€3.2m | -10.4% |
| Plant, machinery and equipment | 23 | €1,569,639 | €1,175,816 | -€393,823 | -25.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | - | €165,315 | +€165,315 | |
| Financial fixed assets | 28 | €1,206,780 | €1,173,080 | -€33,699 | -2.8% |
| Other financial fixed assets | 284/8 | €1,206,780 | €1,173,080 | -€33,699 | -2.8% |
| Amounts receivable and cash guarantees | 285/8 | €1,206,780 | €1,173,080 | -€33,699 | -2.8% |
| Current assets | 29/58 | €6,328,827 | €3,320,481 | -€3.0m | -47.5% |
| Amounts receivable after more than one year | 29 | €3,000,000 | - | -€3.0m | |
| Other amounts receivable | 291 | €3,000,000 | - | -€3.0m | |
| Amounts receivable within one year | 40/41 | €2,289,681 | €2,500,094 | +€210,413 | +9.2% |
| Trade receivables | 40 | €2,163,023 | €1,910,581 | -€252,442 | -11.7% |
| Other amounts receivable | 41 | €126,658 | €589,513 | +€462,855 | +365% |
| Cash at bank and in hand | 54/58 | €152,155 | €2,670 | -€149,486 | -98.2% |
| Deferred charges and accrued income | 490/1 | €886,991 | €817,718 | -€69,273 | -7.8% |
| Total equity and liabilities | 10/49 | €41,254,681 | €34,580,032 | -€6.7m | -16.2% |
| Equity | 10/15 | €14,454,874 | €11,780,866 | -€2.7m | -18.5% |
| Contributions | 10/11 | €227,812 | €227,812 | = | 0.0% |
| Capital | 10 | €227,812 | €227,812 | = | 0.0% |
| Issued capital | 100 | €227,812 | €227,812 | = | 0.0% |
| Reserves | 13 | €13,432,245 | €9,383,007 | -€4.0m | -30.1% |
| Non-distributable reserves | 130/1 | €3,022,781 | €3,022,781 | = | 0.0% |
| Legal reserve | 130 | €22,781 | €22,781 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €3,000,000 | +€3.0m | |
| Financial assistance | 1313 | €3,000,000 | - | -€3.0m | |
| Tax-exempt reserves | 132 | €6,958,018 | €6,360,226 | -€597,792 | -8.6% |
| Distributable reserves | 133 | €3,451,446 | - | -€3.5m | |
| Profit (loss) carried forward | 14 | €794,816 | €2,170,047 | +€1.4m | +173% |
| Provisions and deferred taxes | 16 | €3,945,596 | €3,638,889 | -€306,708 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €1,300,000 | €1,194,124 | -€105,876 | -8.1% |
| Major repairs and maintenance | 162 | €1,300,000 | €1,194,124 | -€105,876 | -8.1% |
| Deferred taxes | 168 | €2,645,596 | €2,444,765 | -€200,831 | -7.6% |
| Amounts payable | 17/49 | €22,854,211 | €19,160,278 | -€3.7m | -16.2% |
| Amounts payable after more than one year | 17 | €17,207,406 | €14,478,956 | -€2.7m | -15.9% |
| Financial debts | 170/4 | €17,207,406 | €14,428,956 | -€2.8m | -16.1% |
| Credit institutions | 173 | €17,207,406 | €14,428,956 | -€2.8m | -16.1% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €4,684,240 | €3,694,212 | -€990,027 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €3,016,216 | €2,778,450 | -€237,766 | -7.9% |
| Trade debts | 44 | €1,258,293 | €483,671 | -€774,621 | -61.6% |
| Suppliers | 440/4 | €1,258,293 | €483,671 | -€774,621 | -61.6% |
| Taxes, remuneration and social security | 45 | €171,451 | €432,091 | +€260,640 | +152% |
| Taxes | 450/3 | €171,451 | €432,091 | +€260,640 | +152% |
| Other amounts payable | 47/48 | €238,280 | - | -€238,280 | |
| Accrued charges and deferred income | 492/3 | €962,566 | €987,110 | +€24,544 | +2.5% |
| Operating income | 70/76A | €12,806,149 | €12,792,349 | -€13,800 | -0.1% |
| Turnover | 70 | €12,684,909 | €12,685,128 | +€219 | 0.0% |
| Other operating income | 74 | €115,598 | €107,221 | -€8,377 | -7.2% |
| Non-recurring operating income | 76A | €5,642 | - | -€5,642 | |
| Operating charges | 60/66A | €9,894,727 | €10,429,315 | +€534,589 | +5.4% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Purchases | 600/8 | €0 | - | = | |
| Services and other goods | 61 | €2,497,201 | €4,792,044 | +€2.3m | +91.9% |
| Remuneration, social security and pensions | 62 | €21,284 | €12,365 | -€8,919 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,565,079 | €4,403,243 | -€161,836 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,153 | +€26,153 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,300,000 | -€105,876 | -€1.4m | |
| Other operating charges | 640/8 | €1,511,163 | €1,301,387 | -€209,776 | -13.9% |
| Operating profit (loss) | 9901 | €2,911,423 | €2,363,034 | -€548,389 | -18.8% |
| Financial income | 75/76B | €844,406 | €96,625 | -€747,781 | -88.6% |
| Recurring financial income | 75 | €844,325 | €96,625 | -€747,700 | -88.6% |
| Income from current assets | 751 | €756,374 | €68,748 | -€687,626 | -90.9% |
| Other financial income | 752/9 | €87,952 | €27,878 | -€60,074 | -68.3% |
| Non-recurring financial income | 76B | €81 | - | -€81 | |
| Financial charges | 65/66B | €717,995 | €502,734 | -€215,260 | -30.0% |
| Recurring financial charges | 65 | €717,995 | €502,734 | -€215,260 | -30.0% |
| Debt charges | 650 | €628,940 | €442,191 | -€186,749 | -29.7% |
| Other financial charges | 652/9 | €89,055 | €60,543 | -€28,511 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €3,037,834 | €1,956,925 | -€1.1m | -35.6% |
| Transfer from deferred taxes | 780 | €200,831 | €200,831 | -€0 | 0.0% |
| Income taxes | 67/77 | €385,012 | €585,502 | +€200,489 | +52.1% |
| Taxes | 670/3 | €385,012 | €585,968 | +€200,955 | +52.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €466 | +€466 | |
| Profit (loss) for the period | 9904 | €2,853,653 | €1,572,254 | -€1.3m | -44.9% |
| Transfer from tax-exempt reserves | 789 | €597,792 | €597,792 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,451,446 | €2,170,047 | -€1.3m | -37.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.