M.E. - CONCEPT: what changed
Two fiscal 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.
M.E. - CONCEPT
Largest movements
- Receivables within one year -€3,357
down €3,357 (-17.4%), from €19,289 to €15,932
of which Trade receivables: -€2,541
- Reserves -€5,592
down €5,592 (-23.6%), from €23,720 to €18,128
of which Distributable reserves: -€5,592
- Profit (loss) carried forward +€2,554
up €2,554 (+45.7%), from -€5,593 to -€3,039
- Turnover +€2,234
up €2,234 (+14.8%), from €15,130 to €17,364
- Gross operating margin +€1,889
up €1,889 (+42.6%), from -€4,435 to -€2,546
- Other operating charges -€705
no longer reported in 2025 (was €705)
- Purchases and services +€347
up €347 (+1.8%), from €19,563 to €19,910
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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,942 | €33,681 | -€3,261 | -8.8% |
| Fixed assets | 21/28 | €351 | €103 | -€248 | -70.7% |
| Tangible fixed assets | 22/27 | €351 | €103 | -€248 | -70.7% |
| Furniture and vehicles | 24 | €351 | €103 | -€248 | -70.7% |
| Current assets | 29/58 | €36,591 | €33,578 | -€3,013 | -8.2% |
| Amounts receivable within one year | 40/41 | €19,289 | €15,932 | -€3,357 | -17.4% |
| Trade receivables | 40 | €2,541 | - | -€2,541 | |
| Other amounts receivable | 41 | €16,748 | €15,932 | -€816 | -4.9% |
| Cash at bank and in hand | 54/58 | €17,302 | €17,646 | +€344 | +2.0% |
| Total equity and liabilities | 10/49 | €36,942 | €33,681 | -€3,261 | -8.8% |
| Equity | 10/15 | €36,719 | €33,681 | -€3,038 | -8.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €23,720 | €18,128 | -€5,592 | -23.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €21,861 | €16,269 | -€5,592 | -25.6% |
| Profit (loss) carried forward | 14 | -€5,593 | -€3,039 | +€2,554 | +45.7% |
| Amounts payable | 17/49 | €223 | - | -€223 | |
| Amounts payable within one year | 42/48 | €223 | - | -€223 | |
| Trade debts | 44 | €223 | - | -€223 | |
| Suppliers | 440/4 | €223 | - | -€223 | |
| Turnover | 70 | €15,130 | €17,364 | +€2,234 | +14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,563 | €19,910 | +€347 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | €705 | - | -€705 | |
| Gross operating margin | 9900 | -€4,435 | -€2,546 | +€1,889 | +42.6% |
| Operating profit (loss) | 9901 | -€5,388 | -€2,794 | +€2,594 | +48.1% |
| Financial charges | 65/66B | €205 | €245 | +€40 | +19.5% |
| Recurring financial charges | 65 | €205 | €245 | +€40 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,593 | -€3,039 | +€2,554 | +45.7% |
| Profit (loss) for the period | 9904 | -€5,593 | -€3,039 | +€2,554 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,593 | -€3,039 | +€2,554 | +45.7% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.