MEZZALUNA: what changed
What changed
MEZZALUNA
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€519,669
2024 · -€266,614-€253,055
Equity
-€699,759
2024 · -€180,091-€519,669
Cash
€165,569
2024 · €313,325-€147,756
Balance sheet total
€14.7m
2024 · €9.5m+€5.2m
Largest movements
Assets
- Tangible fixed assets +€5.3m
up €5.3m (+58.0%), from €9.2m to €14.5m
of which Land and buildings: +€5.1m
- Cash -€147,756
down €147,756 (-47.2%), from €313,325 to €165,569
mainly Investment in fixed assets (net) (-€5.7m) and Net result for the year (-€519,669)
Equity and liabilities
- Other debts +€5.4m
up €5.4m (+56.4%), from €9.5m to €14.9m
- Profit (loss) carried forward -€519,669
down €519,669 (-107%), from -€487,091 to -€1.0m
- Trade debts +€343,481
up €343,481 (+256%), from €134,041 to €477,522
Income statement
- Depreciation +€205,028
up €205,028 (+101%), from €203,421 to €408,449
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€266,614
Staff costs
-€13,770
Depreciation
-€205,028
Other operating charges
+€91
Other operating items
-€33,569
Financial income
-€3
Financial charges
-€777
Result 2025
-€519,669
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5.6m
Investment
-€5.7m
Financing
€0
Cash 2024
€313,325
From operations (derived)
+€5.6m
Net result for the year
-€519,669
Depreciation
+€408,449
Receivables within one year
-€36,607
Smaller working-capital items
+€4,564
Trade debts
+€343,481
Other debts
+€5.4m
Investment (derived)
-€5.7m
Investment in fixed assets (net)
-€5.7m
Cash 2025
€165,569
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,480,267 | €14,677,348 | +€5.2m | +54.8% |
| Fixed assets | 21/28 | €9,161,449 | €14,471,110 | +€5.3m | +58.0% |
| Tangible fixed assets | 22/27 | €9,161,449 | €14,471,110 | +€5.3m | +58.0% |
| Land and buildings | 22 | €8,850,890 | €13,949,925 | +€5.1m | +57.6% |
| Plant, machinery and equipment | 23 | €310,559 | €492,442 | +€181,884 | +58.6% |
| Furniture and vehicles | 24 | - | €28,743 | +€28,743 | |
| Current assets | 29/58 | €318,818 | €206,238 | -€112,580 | -35.3% |
| Amounts receivable within one year | 40/41 | - | €36,607 | +€36,607 | |
| Trade receivables | 40 | - | €36,607 | +€36,607 | |
| Cash at bank and in hand | 54/58 | €313,325 | €165,569 | -€147,756 | -47.2% |
| Deferred charges and accrued income | 490/1 | €5,493 | €4,062 | -€1,431 | -26.1% |
| Total equity and liabilities | 10/49 | €9,480,267 | €14,677,348 | +€5.2m | +54.8% |
| Equity | 10/15 | -€180,091 | -€699,759 | -€519,669 | -289% |
| Contributions | 10/11 | €307,000 | €307,000 | = | 0.0% |
| Capital | 10 | €307,000 | €307,000 | = | 0.0% |
| Issued capital | 100 | €307,000 | €307,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€487,091 | -€1,006,759 | -€519,669 | -107% |
| Amounts payable | 17/49 | €9,660,357 | €15,377,107 | +€5.7m | +59.2% |
| Amounts payable within one year | 42/48 | €9,651,160 | €15,370,241 | +€5.7m | +59.3% |
| Trade debts | 44 | €134,041 | €477,522 | +€343,481 | +256% |
| Suppliers | 440/4 | €134,041 | €477,522 | +€343,481 | +256% |
| Taxes, remuneration and social security | 45 | - | €5,463 | +€5,463 | |
| Remuneration and social security | 454/9 | - | €5,463 | +€5,463 | |
| Other amounts payable | 47/48 | €9,517,120 | €14,887,256 | +€5.4m | +56.4% |
| Accrued charges and deferred income | 492/3 | €9,197 | €6,866 | -€2,331 | -25.3% |
| Operating charges | 60/66A | €266,543 | €518,818 | +€252,275 | +94.6% |
| Services and other goods | 61 | €56,536 | €90,105 | +€33,569 | +59.4% |
| Remuneration, social security and pensions | 62 | - | €13,770 | +€13,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,421 | €408,449 | +€205,028 | +101% |
| Other operating charges | 640/8 | €6,586 | €6,494 | -€91 | -1.4% |
| Operating profit (loss) | 9901 | -€266,543 | -€518,818 | -€252,275 | -94.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Other financial income | 752/9 | €3 | - | -€3 | |
| Financial charges | 65/66B | €74 | €851 | +€777 | +1,057% |
| Recurring financial charges | 65 | €74 | €851 | +€777 | +1,057% |
| Other financial charges | 652/9 | €74 | €851 | +€777 | +1,057% |
| Profit (loss) for the period before taxes | 9903 | -€266,614 | -€519,669 | -€253,055 | -94.9% |
| Profit (loss) for the period | 9904 | -€266,614 | -€519,669 | -€253,055 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€266,614 | -€519,669 | -€253,055 | -94.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.