Pauline MESKENS: what changed
Pauline MESKENS
Largest movements
- Receivables within one year +€16,787
new in 2025: €16,787
- Cash -€14,991
down €14,991 (-71.3%), from €21,039 to €6,048
mainly Receivables within one year (-€16,787) and Contributions, distributions and other (-€11,301)
- Deferred charges and accrued income -€2,600
no longer reported in 2025 (was €2,600)
- Tangible fixed assets -€872
down €872 (-38.8%), from €2,247 to €1,375
of which Plant, machinery and equipment: -€502
- Tax, wage and social debts -€5,447
down €5,447 (-46.9%), from €11,609 to €6,162
- Reserves +€3,938
up €3,938 (+34.8%), from €11,301 to €15,239
- Other debts -€976
no longer reported in 2025 (was €976)
- Trade debts +€809
new in 2025: €809
- Gross operating margin -€3,212
down €3,212 (-12.9%), from €24,877 to €21,664
- Taxes +€641
up €641 (+16.6%), from €3,857 to €4,497
- Financial charges -€470
down €470 (-65.3%), from €720 to €250
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,886 | €24,210 | -€1,676 | -6.5% |
| Fixed assets | 21/28 | €2,247 | €1,375 | -€872 | -38.8% |
| Tangible fixed assets | 22/27 | €2,247 | €1,375 | -€872 | -38.8% |
| Plant, machinery and equipment | 23 | €1,507 | €1,005 | -€502 | -33.3% |
| Other tangible fixed assets | 26 | €740 | €370 | -€370 | -50.0% |
| Current assets | 29/58 | €23,639 | €22,835 | -€804 | -3.4% |
| Amounts receivable within one year | 40/41 | - | €16,787 | +€16,787 | |
| Other amounts receivable | 41 | - | €16,787 | +€16,787 | |
| Cash at bank and in hand | 54/58 | €21,039 | €6,048 | -€14,991 | -71.3% |
| Deferred charges and accrued income | 490/1 | €2,600 | - | -€2,600 | |
| Total equity and liabilities | 10/49 | €25,886 | €24,210 | -€1,676 | -6.5% |
| Equity | 10/15 | €13,301 | €17,239 | +€3,938 | +29.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,301 | €15,239 | +€3,938 | +34.8% |
| Distributable reserves | 133 | €11,301 | €15,239 | +€3,938 | +34.8% |
| Amounts payable | 17/49 | €12,584 | €6,971 | -€5,614 | -44.6% |
| Amounts payable within one year | 42/48 | €12,584 | €6,971 | -€5,614 | -44.6% |
| Trade debts | 44 | - | €809 | +€809 | |
| Suppliers | 440/4 | - | €809 | +€809 | |
| Taxes, remuneration and social security | 45 | €11,609 | €6,162 | -€5,447 | -46.9% |
| Taxes | 450/3 | €11,609 | €6,162 | -€5,447 | -46.9% |
| Other amounts payable | 47/48 | €976 | - | -€976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €872 | = | 0.0% |
| Other operating charges | 640/8 | €879 | €806 | -€72 | -8.2% |
| Gross operating margin | 9900 | €24,877 | €21,664 | -€3,212 | -12.9% |
| Operating profit (loss) | 9901 | €23,126 | €19,986 | -€3,140 | -13.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €720 | €250 | -€470 | -65.3% |
| Recurring financial charges | 65 | €720 | €250 | -€470 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €22,406 | €19,737 | -€2,670 | -11.9% |
| Income taxes | 67/77 | €3,857 | €4,497 | +€641 | +16.6% |
| Profit (loss) for the period | 9904 | €18,550 | €15,239 | -€3,310 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,550 | €15,239 | -€3,310 | -17.8% |
Next steps
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 3 November 2026 via checked.be.