2-ME: what changed
What changed
2-ME
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
€101,368
2024 · -€137,024+€238,392
Equity
€154,784
2024 · €53,416+€101,368
Cash
€1,887
2024 · €2,680-€794
Balance sheet total
€1.2m
2024 · €1.1m+€68,363
Largest movements
Assets
- Stocks and contracts +€110,520
up €110,520 (+13.0%), from €852,670 to €963,190
- Tangible fixed assets -€40,299
down €40,299 (-14.9%), from €271,346 to €231,047
of which Land and buildings: -€28,111
Equity and liabilities
- Debts after one year +€445,515
up €445,515 (+349,424%), from €128 to €445,643
of which Financial debts: +€445,000
- Current portion of long-term debt -€181,920
down €181,920 (-100%), from €181,920 to €0
- Advances received -€163,750
down €163,750 (-97.0%), from €168,750 to €5,000
- Other debts -€124,914
down €124,914 (-24.3%), from €514,389 to €389,475
- Profit (loss) carried forward +€101,368
up €101,368 (+40.1%), from -€252,926 to -€151,558
Income statement
- Gross operating margin +€162,701
up €162,701, from -€11,009 to €151,692
- Provisions -€60,852
down €60,852, from €30,426 to -€30,426
- Financial charges -€15,268
down €15,268 (-30.9%), from €49,459 to €34,191
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
-€137,024
Gross operating margin
+€162,701
Provisions
+€60,852
Other operating charges
-€340
Financial income
-€87
Financial charges
+€15,268
Taxes
-€1
Result 2025
€101,368
raises the resultlowers the result
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
-€264,389
Investment
€0
Financing
+€263,595
Cash 2024
€2,680
From operations (derived)
-€264,389
Net result for the year
+€101,368
Depreciation
+€40,299
Stocks and contracts
-€110,520
Receivables within one year
+€1,894
Smaller working-capital items
-€680
Provisions
-€30,426
Tax, wage and social debts
-€10,759
Advances received
-€163,750
Other debts
-€124,914
Accrued charges and deferred income
+€33,098
Financing
+€263,595
Debts after one year
+€445,515
Current portion of long-term debt
-€181,920
Cash 2025
€1,887
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,138,451 | €1,206,814 | +€68,363 | +6.0% |
| Fixed assets | 21/28 | €271,346 | €231,047 | -€40,299 | -14.9% |
| Tangible fixed assets | 22/27 | €271,346 | €231,047 | -€40,299 | -14.9% |
| Land and buildings | 22 | €229,675 | €201,564 | -€28,111 | -12.2% |
| Plant, machinery and equipment | 23 | €10,059 | €7,504 | -€2,555 | -25.4% |
| Furniture and vehicles | 24 | €31,612 | €21,978 | -€9,634 | -30.5% |
| Current assets | 29/58 | €867,105 | €975,767 | +€108,662 | +12.5% |
| Stocks and contracts in progress | 3 | €852,670 | €963,190 | +€110,520 | +13.0% |
| Stocks | 30/36 | €852,670 | €963,190 | +€110,520 | +13.0% |
| Amounts receivable within one year | 40/41 | €9,904 | €8,010 | -€1,894 | -19.1% |
| Trade receivables | 40 | €4,000 | €3,010 | -€990 | -24.8% |
| Other amounts receivable | 41 | €5,904 | €5,000 | -€904 | -15.3% |
| Cash at bank and in hand | 54/58 | €2,680 | €1,887 | -€794 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,851 | €2,680 | +€829 | +44.8% |
| Total equity and liabilities | 10/49 | €1,138,451 | €1,206,814 | +€68,363 | +6.0% |
| Equity | 10/15 | €53,416 | €154,784 | +€101,368 | +190% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €285,883 | €285,883 | = | 0.0% |
| Distributable reserves | 133 | €285,883 | €285,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,926 | -€151,558 | +€101,368 | +40.1% |
| Provisions and deferred taxes | 16 | €188,012 | €157,586 | -€30,426 | -16.2% |
| Provisions for liabilities and charges | 160/5 | €188,012 | €157,586 | -€30,426 | -16.2% |
| Pensions and similar obligations | 160 | €157,586 | €157,586 | = | 0.0% |
| Other liabilities and charges | 164/5 | €30,426 | €0 | -€30,426 | -100% |
| Amounts payable | 17/49 | €897,022 | €894,443 | -€2,579 | -0.3% |
| Amounts payable after more than one year | 17 | €128 | €445,643 | +€445,515 | +349,424% |
| Financial debts | 170/4 | €0 | €445,000 | +€445,000 | |
| Other amounts payable | 178/9 | €128 | €643 | +€515 | +404% |
| Amounts payable within one year | 42/48 | €891,847 | €410,654 | -€481,192 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €181,920 | €0 | -€181,920 | -100% |
| Trade debts | 44 | €15,001 | €15,150 | +€150 | +1.0% |
| Suppliers | 440/4 | €15,001 | €15,150 | +€150 | +1.0% |
| Advances received on contracts in progress | 46 | €168,750 | €5,000 | -€163,750 | -97.0% |
| Taxes, remuneration and social security | 45 | €11,787 | €1,029 | -€10,759 | -91.3% |
| Taxes | 450/3 | €11,787 | €1,029 | -€10,759 | -91.3% |
| Other amounts payable | 47/48 | €514,389 | €389,475 | -€124,914 | -24.3% |
| Accrued charges and deferred income | 492/3 | €5,048 | €38,146 | +€33,098 | +656% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,299 | €40,299 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,426 | -€30,426 | -€60,852 | |
| Other operating charges | 640/8 | €5,779 | €6,119 | +€340 | +5.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€11,009 | €151,692 | +€162,701 | |
| Operating profit (loss) | 9901 | -€87,513 | €135,700 | +€223,213 | |
| Financial income | 75/76B | €87 | €0 | -€87 | -100.0% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -100.0% |
| Financial charges | 65/66B | €49,459 | €34,191 | -€15,268 | -30.9% |
| Recurring financial charges | 65 | €49,459 | €34,191 | -€15,268 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | -€136,884 | €101,509 | +€238,393 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€137,024 | €101,368 | +€238,392 | |
| Profit (loss) for the period to be appropriated | 9905 | -€137,024 | €101,368 | +€238,392 |
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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 7 November 2026 via checked.be.