BS MENEN: 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.
BS MENEN
Largest movements
- Receivables within one year +€49,217
up €49,217 (+1485.3%), from €3,314 to €52,531
- Stocks and contracts -€23,178
down €23,178 (-79.9%), from €29,000 to €5,822
- Cash +€4,512
up €4,512 (+235.5%), from €1,916 to €6,428
- Trade debts +€23,044
up €23,044 (+126.9%), from €18,164 to €41,208
- Tax, wage and social debts +€11,168
up €11,168 (+371.9%), from €3,003 to €14,171
of which Remuneration and social security: +€10,542
- Profit (loss) carried forward -€4,156
down €4,156, from €3,852 to -€305
- Purchases and services +€138,803
up €138,803 (+232.5%), from €59,694 to €198,497
- Staff costs +€28,233
up €28,233 (+11387.6%), from €248 to €28,481
- Gross operating margin +€20,205
up €20,205 (+352.0%), from €5,741 to €25,946
- Other operating charges +€2,291
up €2,291 (+1447.3%), from €158 to €2,449
- Taxes -€1,147
down €1,147 (-89.6%), from €1,280 to €133
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,221 | €65,277 | +€30,056 | +85.3% |
| Fixed assets | 21/28 | €992 | €496 | -€496 | -50.0% |
| Tangible fixed assets | 22/27 | €992 | €496 | -€496 | -50.0% |
| Furniture and vehicles | 24 | €992 | €496 | -€496 | -50.0% |
| Current assets | 29/58 | €34,229 | €64,781 | +€30,552 | +89.3% |
| Stocks and contracts in progress | 3 | €29,000 | €5,822 | -€23,178 | -79.9% |
| Stocks | 30/36 | €29,000 | €5,822 | -€23,178 | -79.9% |
| Amounts receivable within one year | 40/41 | €3,314 | €52,531 | +€49,217 | +1485.3% |
| Other amounts receivable | 41 | €3,314 | €52,531 | +€49,217 | +1485.3% |
| Cash at bank and in hand | 54/58 | €1,916 | €6,428 | +€4,512 | +235.5% |
| Total equity and liabilities | 10/49 | €35,221 | €65,277 | +€30,056 | +85.3% |
| Equity | 10/15 | €14,054 | €9,898 | -€4,156 | -29.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €203 | €203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €203 | €203 | = | 0.0% |
| Legal reserve | 130 | €203 | €203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,852 | -€305 | -€4,156 | |
| Amounts payable | 17/49 | €21,167 | €55,379 | +€34,212 | +161.6% |
| Amounts payable within one year | 42/48 | €21,167 | €55,379 | +€34,212 | +161.6% |
| Trade debts | 44 | €18,164 | €41,208 | +€23,044 | +126.9% |
| Suppliers | 440/4 | €18,164 | €41,208 | +€23,044 | +126.9% |
| Taxes, remuneration and social security | 45 | €3,003 | €14,171 | +€11,168 | +371.9% |
| Taxes | 450/3 | €3,003 | €3,629 | +€626 | +20.8% |
| Remuneration and social security | 454/9 | - | €10,542 | +€10,542 | |
| Goods, raw materials, services and sundry goods | 60/61 | €59,694 | €198,497 | +€138,803 | +232.5% |
| Remuneration, social security and pensions | 62 | €248 | €28,481 | +€28,233 | +11387.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €248 | +€248 | |
| Other operating charges | 640/8 | €158 | €2,449 | +€2,291 | +1447.3% |
| Gross operating margin | 9900 | €5,741 | €25,946 | +€20,205 | +352.0% |
| Operating profit (loss) | 9901 | €5,335 | -€5,233 | -€10,567 | |
| Financial charges | 65/66B | - | €111 | +€111 | |
| Recurring financial charges | 65 | - | €111 | +€111 | |
| Profit (loss) for the period before taxes | 9903 | €5,335 | -€5,344 | -€10,678 | |
| Income taxes | 67/77 | €1,280 | €133 | -€1,147 | -89.6% |
| Profit (loss) for the period | 9904 | €4,054 | -€5,477 | -€9,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,054 | -€5,477 | -€9,531 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.