M+E Engineering: 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 Engineering
Largest movements
- Cash -€14,908
down €14,908 (-36.9%), from €40,455 to €25,547
mainly Contributions, distributions and other (-€20,000) and Tax, wage and social debts (-€13,224)
- Receivables within one year +€3,044
up €3,044 (+4.3%), from €70,294 to €73,338
of which Other amounts receivable: +€19,531
- Profit (loss) carried forward -€17,459
down €17,459 (-33.0%), from €52,859 to €35,400
- Trade debts +€15,189
up €15,189 (+989.5%), from €1,535 to €16,724
- Tax, wage and social debts -€13,224
down €13,224 (-62.1%), from €21,300 to €8,076
- Other debts +€3,966
up €3,966 (+24.7%), from €16,034 to €20,000
- Gross operating margin -€40,738
down €40,738 (-38.0%), from €107,239 to €66,501
- Financial charges +€21,257
up €21,257 (+53.3%), from €39,893 to €61,150
- Taxes -€9,639
down €9,639 (-84.0%), from €11,470 to €1,831
- Other operating charges -€5,431
down €5,431 (-79.0%), from €6,875 to €1,444
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 | €111,728 | €100,200 | -€11,528 | -10.3% |
| Current assets | 29/58 | €111,728 | €100,200 | -€11,528 | -10.3% |
| Amounts receivable within one year | 40/41 | €70,294 | €73,338 | +€3,044 | +4.3% |
| Trade receivables | 40 | €70,294 | €53,807 | -€16,487 | -23.5% |
| Other amounts receivable | 41 | - | €19,531 | +€19,531 | |
| Cash at bank and in hand | 54/58 | €40,455 | €25,547 | -€14,908 | -36.9% |
| Deferred charges and accrued income | 490/1 | €979 | €1,315 | +€336 | +34.3% |
| Total equity and liabilities | 10/49 | €111,728 | €100,200 | -€11,528 | -10.3% |
| Equity | 10/15 | €72,859 | €55,400 | -€17,459 | -24.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,859 | €35,400 | -€17,459 | -33.0% |
| Amounts payable | 17/49 | €38,869 | €44,800 | +€5,931 | +15.3% |
| Amounts payable within one year | 42/48 | €38,869 | €44,800 | +€5,931 | +15.3% |
| Trade debts | 44 | €1,535 | €16,724 | +€15,189 | +989.5% |
| Suppliers | 440/4 | €1,535 | €16,724 | +€15,189 | +989.5% |
| Taxes, remuneration and social security | 45 | €21,300 | €8,076 | -€13,224 | -62.1% |
| Taxes | 450/3 | €21,300 | €8,076 | -€13,224 | -62.1% |
| Other amounts payable | 47/48 | €16,034 | €20,000 | +€3,966 | +24.7% |
| Other operating charges | 640/8 | €6,875 | €1,444 | -€5,431 | -79.0% |
| Gross operating margin | 9900 | €107,239 | €66,501 | -€40,738 | -38.0% |
| Operating profit (loss) | 9901 | €100,364 | €65,057 | -€35,307 | -35.2% |
| Financial income | 75/76B | - | €465 | +€465 | |
| Recurring financial income | 75 | - | €465 | +€465 | |
| Financial charges | 65/66B | €39,893 | €61,150 | +€21,257 | +53.3% |
| Recurring financial charges | 65 | €39,893 | €61,150 | +€21,257 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €60,471 | €4,372 | -€56,099 | -92.8% |
| Income taxes | 67/77 | €11,470 | €1,831 | -€9,639 | -84.0% |
| Profit (loss) for the period | 9904 | €49,001 | €2,541 | -€46,460 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,001 | €2,541 | -€46,460 | -94.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.