Mexxcon: 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.
Mexxcon
Largest movements
- Tangible fixed assets -€59,152
down €59,152 (-7.9%), from €749,490 to €690,338
- Cash +€34,045
up €34,045 (+58.2%), from €58,513 to €92,559
mainly Depreciation (+€70,843) and Net result for the year (+€24,861)
- Receivables within one year +€18,947
up €18,947 (+24.6%), from €77,076 to €96,023
of which Trade receivables: +€15,454
- Stocks and contracts -€15,199
down €15,199 (-12.6%), from €120,483 to €105,284
of which Contracts in progress: -€9,744
- Debts after one year -€46,985
down €46,985 (-12.2%), from €385,120 to €338,135
- Other debts -€25,182
down €25,182 (-7.4%), from €341,879 to €316,698
- Profit (loss) carried forward +€24,861
up €24,861 (+83.3%), from -€29,855 to -€4,994
- Trade debts +€16,582
up €16,582 (+43.2%), from €38,357 to €54,939
- Staff costs -€20,684
down €20,684 (-31.9%), from €64,744 to €44,059
- Gross operating margin -€12,507
down €12,507 (-7.1%), from €175,511 to €163,005
- Financial income -€9,149
down €9,149 (-92.2%), from €9,921 to €772
of which Non-recurring financial income: -€9,240
- Depreciation +€5,319
up €5,319 (+8.1%), from €65,524 to €70,843
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.
Cash bridge derived
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 | €1,005,696 | €984,631 | -€21,065 | -2.1% |
| Fixed assets | 21/28 | €749,625 | €690,473 | -€59,152 | -7.9% |
| Tangible fixed assets | 22/27 | €749,490 | €690,338 | -€59,152 | -7.9% |
| Land and buildings | 22 | €612,837 | €584,511 | -€28,327 | -4.6% |
| Plant, machinery and equipment | 23 | €17,740 | €22,205 | +€4,464 | +25.2% |
| Furniture and vehicles | 24 | €39,048 | €26,469 | -€12,579 | -32.2% |
| Leasing and similar rights | 25 | €79,864 | €57,154 | -€22,710 | -28.4% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €256,072 | €294,158 | +€38,086 | +14.9% |
| Stocks and contracts in progress | 3 | €120,483 | €105,284 | -€15,199 | -12.6% |
| Stocks | 30/36 | €110,739 | €105,284 | -€5,455 | -4.9% |
| Contracts in progress | 37 | €9,744 | - | -€9,744 | |
| Amounts receivable within one year | 40/41 | €77,076 | €96,023 | +€18,947 | +24.6% |
| Trade receivables | 40 | €63,904 | €79,358 | +€15,454 | +24.2% |
| Other amounts receivable | 41 | €13,172 | €16,665 | +€3,493 | +26.5% |
| Cash at bank and in hand | 54/58 | €58,513 | €92,559 | +€34,045 | +58.2% |
| Deferred charges and accrued income | 490/1 | - | €292 | +€292 | |
| Total equity and liabilities | 10/49 | €1,005,696 | €984,631 | -€21,065 | -2.1% |
| Equity | 10/15 | €157,159 | €182,020 | +€24,861 | +15.8% |
| Contributions | 10/11 | €179,905 | €179,905 | = | 0.0% |
| Reserves | 13 | €7,108 | €7,108 | = | 0.0% |
| Distributable reserves | 133 | €7,108 | €7,108 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,855 | -€4,994 | +€24,861 | +83.3% |
| Amounts payable | 17/49 | €848,538 | €802,611 | -€45,926 | -5.4% |
| Amounts payable after more than one year | 17 | €385,120 | €338,135 | -€46,985 | -12.2% |
| Financial debts | 170/4 | €385,120 | €338,135 | -€46,985 | -12.2% |
| Amounts payable within one year | 42/48 | €463,418 | €464,375 | +€957 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €46,008 | €46,985 | +€977 | +2.1% |
| Trade debts | 44 | €38,357 | €54,939 | +€16,582 | +43.2% |
| Suppliers | 440/4 | €38,357 | €54,939 | +€16,582 | +43.2% |
| Taxes, remuneration and social security | 45 | €37,174 | €45,754 | +€8,579 | +23.1% |
| Taxes | 450/3 | €31,437 | €37,323 | +€5,886 | +18.7% |
| Remuneration and social security | 454/9 | €5,737 | €8,430 | +€2,693 | +46.9% |
| Other amounts payable | 47/48 | €341,879 | €316,698 | -€25,182 | -7.4% |
| Accrued charges and deferred income | 492/3 | - | €101 | +€101 | |
| Remuneration, social security and pensions | 62 | €64,744 | €44,059 | -€20,684 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,524 | €70,843 | +€5,319 | +8.1% |
| Other operating charges | 640/8 | €7,283 | €5,854 | -€1,429 | -19.6% |
| Gross operating margin | 9900 | €175,511 | €163,005 | -€12,507 | -7.1% |
| Operating profit (loss) | 9901 | €37,960 | €42,248 | +€4,288 | +11.3% |
| Financial income | 75/76B | €9,921 | €772 | -€9,149 | -92.2% |
| Recurring financial income | 75 | €681 | €772 | +€91 | +13.4% |
| Non-recurring financial income | 76B | €9,240 | - | -€9,240 | |
| Financial charges | 65/66B | €8,500 | €8,165 | -€335 | -3.9% |
| Recurring financial charges | 65 | €8,500 | €8,165 | -€335 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €39,381 | €34,855 | -€4,526 | -11.5% |
| Income taxes | 67/77 | €10,004 | €9,994 | -€10 | -0.1% |
| Profit (loss) for the period | 9904 | €29,377 | €24,861 | -€4,516 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,377 | €24,861 | -€4,516 | -15.4% |
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 11 October 2026 via checked.be.