Mezini: what changed
Two fiscal 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.
Mezini
Largest movements
- Receivables within one year -€40,983
down €40,983 (-54.0%), from €75,911 to €34,928
of which Trade receivables: -€36,551
- Tangible fixed assets -€27,470
down €27,470 (-15.6%), from €175,684 to €148,214
of which Furniture and vehicles: -€18,214
- Stocks and contracts +€26,520
up €26,520 (+33.7%), from €78,779 to €105,299
- Cash +€20,060
up €20,060 (+713.4%), from €2,812 to €22,872
mainly Receivables within one year (+€40,983) and Depreciation (+€38,077)
- Other debts -€14,005
down €14,005 (-11.8%), from €119,142 to €105,138
- Debts after one year -€12,291
down €12,291 (-31.8%), from €38,656 to €26,366
- Profit (loss) carried forward +€8,112
up €8,112 (+6.0%), from €136,172 to €144,284
- Trade debts -€3,744
down €3,744 (-20.6%), from €18,194 to €14,450
- Gross operating margin -€4,410
down €4,410 (-7.8%), from €56,712 to €52,302
- Other operating charges -€3,168
down €3,168 (-67.2%), from €4,715 to €1,547
- Taxes +€1,394
up €1,394 (+262.7%), from €531 to €1,925
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 | €338,035 | €316,422 | -€21,614 | -6.4% |
| Fixed assets | 21/28 | €175,684 | €148,214 | -€27,470 | -15.6% |
| Tangible fixed assets | 22/27 | €175,684 | €148,214 | -€27,470 | -15.6% |
| Plant, machinery and equipment | 23 | €100,703 | €91,447 | -€9,255 | -9.2% |
| Furniture and vehicles | 24 | €74,981 | €56,767 | -€18,214 | -24.3% |
| Current assets | 29/58 | €162,351 | €168,207 | +€5,856 | +3.6% |
| Stocks and contracts in progress | 3 | €78,779 | €105,299 | +€26,520 | +33.7% |
| Stocks | 30/36 | €78,779 | €105,299 | +€26,520 | +33.7% |
| Amounts receivable within one year | 40/41 | €75,911 | €34,928 | -€40,983 | -54.0% |
| Trade receivables | 40 | €71,442 | €34,891 | -€36,551 | -51.2% |
| Other amounts receivable | 41 | €4,469 | €37 | -€4,432 | -99.2% |
| Cash at bank and in hand | 54/58 | €2,812 | €22,872 | +€20,060 | +713.4% |
| Deferred charges and accrued income | 490/1 | €4,849 | €5,109 | +€259 | +5.3% |
| Total equity and liabilities | 10/49 | €338,035 | €316,422 | -€21,614 | -6.4% |
| Equity | 10/15 | €142,372 | €150,484 | +€8,112 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,172 | €144,284 | +€8,112 | +6.0% |
| Amounts payable | 17/49 | €195,663 | €165,937 | -€29,726 | -15.2% |
| Amounts payable after more than one year | 17 | €38,656 | €26,366 | -€12,291 | -31.8% |
| Financial debts | 170/4 | €38,656 | €26,366 | -€12,291 | -31.8% |
| Amounts payable within one year | 42/48 | €157,007 | €139,506 | -€17,501 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €11,732 | €12,291 | +€559 | +4.8% |
| Trade debts | 44 | €18,194 | €14,450 | -€3,744 | -20.6% |
| Suppliers | 440/4 | €18,194 | €14,450 | -€3,744 | -20.6% |
| Taxes, remuneration and social security | 45 | €7,939 | €7,629 | -€311 | -3.9% |
| Taxes | 450/3 | €7,939 | €7,629 | -€311 | -3.9% |
| Other amounts payable | 47/48 | €119,142 | €105,138 | -€14,005 | -11.8% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,465 | €38,077 | -€388 | -1.0% |
| Other operating charges | 640/8 | €4,715 | €1,547 | -€3,168 | -67.2% |
| Gross operating margin | 9900 | €56,712 | €52,302 | -€4,410 | -7.8% |
| Operating profit (loss) | 9901 | €13,532 | €12,678 | -€853 | -6.3% |
| Financial income | 75/76B | €556 | €404 | -€152 | -27.3% |
| Recurring financial income | 75 | €556 | €404 | -€152 | -27.3% |
| Financial charges | 65/66B | €3,520 | €3,046 | -€474 | -13.5% |
| Recurring financial charges | 65 | €3,520 | €3,046 | -€474 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €10,568 | €10,037 | -€531 | -5.0% |
| Income taxes | 67/77 | €531 | €1,925 | +€1,394 | +262.7% |
| Profit (loss) for the period | 9904 | €10,038 | €8,112 | -€1,925 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,038 | €8,112 | -€1,925 | -19.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.