MExT HOLDING: 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.
MExT HOLDING
Largest movements
- Cash +€381,970
up €381,970 (+50.6%), from €754,315 to €1.1m
mainly Net result for the year (+€1.2m) and Trade debts (+€6,319)
- Reserves +€1.2m
up €1.2m (+9.5%), from €12.1m to €13.3m
of which Distributable reserves: +€1.1m
- Debts after one year -€571,429
down €571,429 (-10.5%), from €5.4m to €4.9m
- Financial income -€7.6m
down €7.6m (-100.0%), from €7.6m to €10
- Financial charges -€288,778
down €288,778 (-57.9%), from €498,422 to €209,644
- Gross operating margin +€89,490
up €89,490 (+5.4%), from €1.7m to €1.8m
- Taxes +€54,534
up €54,534 (+16.5%), from €330,510 to €385,043
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,242,662 | €29,679,434 | +€436,772 | +1.5% |
| Fixed assets | 21/28 | €27,726,180 | €27,776,180 | +€50,000 | +0.2% |
| Financial fixed assets | 28 | €27,726,180 | €27,776,180 | +€50,000 | +0.2% |
| Current assets | 29/58 | €1,516,482 | €1,903,254 | +€386,772 | +25.5% |
| Amounts receivable within one year | 40/41 | €762,167 | €766,923 | +€4,756 | +0.6% |
| Trade receivables | 40 | €344,167 | €194,897 | -€149,270 | -43.4% |
| Other amounts receivable | 41 | €418,000 | €572,026 | +€154,026 | +36.8% |
| Cash at bank and in hand | 54/58 | €754,315 | €1,136,285 | +€381,970 | +50.6% |
| Deferred charges and accrued income | 490/1 | - | €46 | +€46 | |
| Total equity and liabilities | 10/49 | €29,242,662 | €29,679,434 | +€436,772 | +1.5% |
| Equity | 10/15 | €22,840,333 | €23,995,463 | +€1.2m | +5.1% |
| Contributions | 10/11 | €10,700,000 | €10,700,000 | = | 0.0% |
| Capital | 10 | €10,700,000 | €10,700,000 | = | 0.0% |
| Issued capital | 100 | €10,700,000 | €10,700,000 | = | 0.0% |
| Reserves | 13 | €12,140,333 | €13,295,463 | +€1.2m | +9.5% |
| Non-distributable reserves | 130/1 | €607,017 | €664,773 | +€57,757 | +9.5% |
| Legal reserve | 130 | €607,017 | €664,773 | +€57,757 | +9.5% |
| Distributable reserves | 133 | €11,533,316 | €12,630,690 | +€1.1m | +9.5% |
| Amounts payable | 17/49 | €6,402,329 | €5,683,971 | -€718,358 | -11.2% |
| Amounts payable after more than one year | 17 | €5,428,571 | €4,857,143 | -€571,429 | -10.5% |
| Financial debts | 170/4 | €5,428,571 | €4,857,143 | -€571,429 | -10.5% |
| Amounts payable within one year | 42/48 | €973,757 | €826,828 | -€146,930 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €571,429 | €571,429 | = | 0.0% |
| Trade debts | 44 | €19,949 | €26,268 | +€6,319 | +31.7% |
| Suppliers | 440/4 | €19,949 | €26,268 | +€6,319 | +31.7% |
| Taxes, remuneration and social security | 45 | €382,380 | €229,131 | -€153,248 | -40.1% |
| Taxes | 450/3 | €382,380 | €229,131 | -€153,248 | -40.1% |
| Other operating charges | 640/8 | €2,094 | €1,126 | -€967 | -46.2% |
| Gross operating margin | 9900 | €1,661,443 | €1,750,934 | +€89,490 | +5.4% |
| Operating profit (loss) | 9901 | €1,659,350 | €1,749,807 | +€90,457 | +5.5% |
| Financial income | 75/76B | €7,558,311 | €10 | -€7.6m | -100.0% |
| Recurring financial income | 75 | €7,558,311 | €10 | -€7.6m | -100.0% |
| Financial charges | 65/66B | €498,422 | €209,644 | -€288,778 | -57.9% |
| Recurring financial charges | 65 | €498,422 | €209,644 | -€288,778 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €8,719,239 | €1,540,174 | -€7.2m | -82.3% |
| Income taxes | 67/77 | €330,510 | €385,043 | +€54,534 | +16.5% |
| Profit (loss) for the period | 9904 | €8,388,729 | €1,155,130 | -€7.2m | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,388,729 | €1,155,130 | -€7.2m | -86.2% |
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 25 October 2026 via checked.be.