Electro Messeyne: 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.
Electro Messeyne
Largest movements
- Receivables within one year -€64,856
down €64,856 (-56.9%), from €114,020 to €49,165
of which Trade receivables: -€64,054
- Tangible fixed assets -€16,278
down €16,278 (-23.7%), from €68,700 to €52,423
of which Furniture and vehicles: -€12,856
- Other debts -€36,990
down €36,990 (-25.5%), from €144,835 to €107,845
- Profit (loss) carried forward -€35,600
down €35,600 (-18.5%), from -€192,263 to -€227,863
- Tax, wage and social debts -€6,132
down €6,132 (-68.6%), from €8,945 to €2,813
of which Remuneration and social security: -€6,052
- Gross operating margin -€6,601
down €6,601 (-158%), from -€4,191 to -€10,792
- Staff costs +€656
up €656 (+10.4%), from €6,329 to €6,986
- Financial charges -€436
down €436 (-48.0%), from €909 to €473
- Other operating charges -€199
down €199 (-17.4%), from €1,145 to €946
- Depreciation -€192
down €192 (-1.2%), from €16,469 to €16,278
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,982 | €280,228 | -€81,754 | -22.6% |
| Fixed assets | 21/28 | €68,700 | €52,423 | -€16,278 | -23.7% |
| Tangible fixed assets | 22/27 | €68,700 | €52,423 | -€16,278 | -23.7% |
| Land and buildings | 22 | €29,104 | €26,327 | -€2,777 | -9.5% |
| Plant, machinery and equipment | 23 | €645 | - | -€645 | |
| Furniture and vehicles | 24 | €38,951 | €26,096 | -€12,856 | -33.0% |
| Current assets | 29/58 | €293,282 | €227,806 | -€65,476 | -22.3% |
| Stocks and contracts in progress | 3 | €146,224 | €145,698 | -€526 | -0.4% |
| Stocks | 30/36 | €146,224 | €145,698 | -€526 | -0.4% |
| Amounts receivable within one year | 40/41 | €114,020 | €49,165 | -€64,856 | -56.9% |
| Trade receivables | 40 | €112,475 | €48,421 | -€64,054 | -56.9% |
| Other amounts receivable | 41 | €1,545 | €744 | -€802 | -51.9% |
| Current investments | 50/53 | €29,747 | €29,747 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,290 | €3,196 | -€94 | -2.9% |
| Total equity and liabilities | 10/49 | €361,982 | €280,228 | -€81,754 | -22.6% |
| Equity | 10/15 | €187,875 | €152,275 | -€35,600 | -18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €361,538 | €361,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,747 | €29,747 | = | 0.0% |
| Own shares acquired | 1312 | €29,747 | €29,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €328,692 | €328,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,263 | -€227,863 | -€35,600 | -18.5% |
| Amounts payable | 17/49 | €174,107 | €127,953 | -€46,154 | -26.5% |
| Amounts payable within one year | 42/48 | €174,107 | €127,953 | -€46,154 | -26.5% |
| Financial debts | 43 | €2,826 | €2,792 | -€34 | -1.2% |
| Credit institutions | 430/8 | €2,826 | €2,792 | -€34 | -1.2% |
| Trade debts | 44 | €17,501 | €14,503 | -€2,998 | -17.1% |
| Suppliers | 440/4 | €17,501 | €14,503 | -€2,998 | -17.1% |
| Taxes, remuneration and social security | 45 | €8,945 | €2,813 | -€6,132 | -68.6% |
| Taxes | 450/3 | €1,123 | €1,042 | -€80 | -7.2% |
| Remuneration and social security | 454/9 | €7,822 | €1,771 | -€6,052 | -77.4% |
| Other amounts payable | 47/48 | €144,835 | €107,845 | -€36,990 | -25.5% |
| Remuneration, social security and pensions | 62 | €6,329 | €6,986 | +€656 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,469 | €16,278 | -€192 | -1.2% |
| Other operating charges | 640/8 | €1,145 | €946 | -€199 | -17.4% |
| Gross operating margin | 9900 | -€4,191 | -€10,792 | -€6,601 | -158% |
| Operating profit (loss) | 9901 | -€28,134 | -€35,001 | -€6,867 | -24.4% |
| Financial income | 75/76B | €42 | €39 | -€3 | -8.2% |
| Recurring financial income | 75 | €42 | €39 | -€3 | -8.2% |
| Financial charges | 65/66B | €909 | €473 | -€436 | -48.0% |
| Recurring financial charges | 65 | €909 | €473 | -€436 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,000 | -€35,435 | -€6,434 | -22.2% |
| Income taxes | 67/77 | €181 | €165 | -€16 | -8.8% |
| Profit (loss) for the period | 9904 | -€29,181 | -€35,600 | -€6,418 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,181 | -€35,600 | -€6,418 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.