M & E Consulting: 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.
M & E Consulting
Largest movements
- Tangible fixed assets +€225,072
up €225,072 (+54.3%), from €414,259 to €639,332
of which Land and buildings: +€225,072
- Financial fixed assets -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year +€33,355
up €33,355 (+414.3%), from €8,052 to €41,407
of which Other amounts receivable: +€22,798
- Deferred charges and accrued income -€9,339
down €9,339 (-85.2%), from €10,964 to €1,625
- Profit (loss) carried forward -€331,967
down €331,967, from €0 to -€331,967
- Short-term financial debts +€260,000
up €260,000, from €0 to €260,000
- Revaluation surpluses +€244,464
new in 2025: €244,464
- Debts after one year -€36,812
down €36,812 (-17.2%), from €213,635 to €176,823
- Other debts +€9,571
up €9,571 (+16.6%), from €57,705 to €67,276
- Financial charges +€327,366
up €327,366 (+6646.1%), from €4,926 to €332,291
of which Financial charges: +€227,366
- Gross operating margin -€17,824
down €17,824 (-42.5%), from €41,928 to €24,103
- Taxes -€3,908
down €3,908 (-98.5%), from €3,968 to €60
- Provisions +€2,500
up €2,500, from -€2,500 to €0
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 | €538,983 | €684,207 | +€145,225 | +26.9% |
| Fixed assets | 21/28 | €514,259 | €639,332 | +€125,072 | +24.3% |
| Tangible fixed assets | 22/27 | €414,259 | €639,332 | +€225,072 | +54.3% |
| Land and buildings | 22 | €414,259 | €639,332 | +€225,072 | +54.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €100,000 | €0 | -€100,000 | -100.0% |
| Current assets | 29/58 | €24,723 | €44,875 | +€20,152 | +81.5% |
| Amounts receivable within one year | 40/41 | €8,052 | €41,407 | +€33,355 | +414.3% |
| Trade receivables | 40 | €3,199 | €13,756 | +€10,557 | +330.0% |
| Other amounts receivable | 41 | €4,853 | €27,651 | +€22,798 | +469.8% |
| Cash at bank and in hand | 54/58 | €5,708 | €1,844 | -€3,864 | -67.7% |
| Deferred charges and accrued income | 490/1 | €10,964 | €1,625 | -€9,339 | -85.2% |
| Total equity and liabilities | 10/49 | €538,983 | €684,207 | +€145,225 | +26.9% |
| Equity | 10/15 | €211,578 | €124,075 | -€87,503 | -41.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €244,464 | +€244,464 | |
| Reserves | 13 | €149,578 | €149,578 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €143,378 | €143,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€331,967 | -€331,967 | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €327,404 | €560,132 | +€232,728 | +71.1% |
| Amounts payable after more than one year | 17 | €213,635 | €176,823 | -€36,812 | -17.2% |
| Financial debts | 170/4 | €213,635 | €176,823 | -€36,812 | -17.2% |
| Amounts payable within one year | 42/48 | €105,964 | €375,464 | +€269,501 | +254.3% |
| Current portion of amounts payable after more than one year | 42 | €36,214 | €36,812 | +€598 | +1.7% |
| Financial debts | 43 | €0 | €260,000 | +€260,000 | |
| Credit institutions | 430/8 | €0 | €260,000 | +€260,000 | |
| Trade debts | 44 | €4,097 | €11,317 | +€7,220 | +176.3% |
| Suppliers | 440/4 | €4,097 | €11,317 | +€7,220 | +176.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,949 | €60 | -€7,889 | -99.2% |
| Taxes | 450/3 | €3,968 | €60 | -€3,908 | -98.5% |
| Remuneration and social security | 454/9 | €3,981 | €0 | -€3,981 | -100.0% |
| Other amounts payable | 47/48 | €57,705 | €67,276 | +€9,571 | +16.6% |
| Accrued charges and deferred income | 492/3 | €7,806 | €7,845 | +€39 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,565 | €19,392 | -€173 | -0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,500 | €0 | +€2,500 | |
| Other operating charges | 640/8 | €4,745 | €4,328 | -€417 | -8.8% |
| Gross operating margin | 9900 | €41,928 | €24,103 | -€17,824 | -42.5% |
| Operating profit (loss) | 9901 | €20,118 | €384 | -€19,735 | -98.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1166.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1166.7% |
| Financial charges | 65/66B | €4,926 | €332,291 | +€327,366 | +6646.1% |
| Recurring financial charges | 65 | €4,926 | €232,291 | +€227,366 | +4615.9% |
| Non-recurring financial charges | 66B | - | €100,000 | +€100,000 | |
| Profit (loss) for the period before taxes | 9903 | €15,193 | -€331,907 | -€347,100 | |
| Income taxes | 67/77 | €3,968 | €60 | -€3,908 | -98.5% |
| Profit (loss) for the period | 9904 | €11,225 | -€331,967 | -€343,192 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,225 | -€331,967 | -€343,192 |
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 12 October 2026 via checked.be.