M.E.S.S. security: 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.S.S. security
Largest movements
- Receivables within one year -€13,001
down €13,001 (-29.5%), from €44,014 to €31,013
of which Trade receivables: -€8,146
- Cash -€6,480
down €6,480 (-39.3%), from €16,501 to €10,021
mainly Trade debts (-€32,363) and Other debts (-€8,885)
- Tangible fixed assets -€5,306
down €5,306 (-27.6%), from €19,247 to €13,942
of which Furniture and vehicles: -€3,433
- Trade debts -€32,363
down €32,363 (-69.9%), from €46,318 to €13,955
- Other debts -€8,885
down €8,885 (-46.1%), from €19,293 to €10,408
- Reserves +€8,853
new in 2025: €8,853
- Profit (loss) carried forward +€8,229
no longer reported in 2025 (was -€8,229)
- Debts after one year -€2,139
down €2,139 (-26.3%), from €8,131 to €5,992
- Staff costs -€17,100
down €17,100 (-81.4%), from €21,008 to €3,908
- Gross operating margin -€4,482
down €4,482 (-13.3%), from €33,740 to €29,258
- Taxes +€3,690
up €3,690 (+189.7%), from €1,945 to €5,635
- Depreciation +€1,295
up €1,295 (+45.9%), from €2,825 to €4,120
- Financial charges +€494
up €494 (+72.8%), from €678 to €1,172
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 | €92,288 | €68,010 | -€24,278 | -26.3% |
| Fixed assets | 21/28 | €31,773 | €26,468 | -€5,306 | -16.7% |
| Tangible fixed assets | 22/27 | €19,247 | €13,942 | -€5,306 | -27.6% |
| Plant, machinery and equipment | 23 | €3,609 | €1,737 | -€1,872 | -51.9% |
| Furniture and vehicles | 24 | €15,638 | €12,205 | -€3,433 | -22.0% |
| Financial fixed assets | 28 | €12,526 | €12,526 | = | 0.0% |
| Current assets | 29/58 | €60,514 | €41,542 | -€18,972 | -31.4% |
| Amounts receivable within one year | 40/41 | €44,014 | €31,013 | -€13,001 | -29.5% |
| Trade receivables | 40 | €39,159 | €31,013 | -€8,146 | -20.8% |
| Other amounts receivable | 41 | €4,855 | - | -€4,855 | |
| Cash at bank and in hand | 54/58 | €16,501 | €10,021 | -€6,480 | -39.3% |
| Deferred charges and accrued income | 490/1 | - | €508 | +€508 | |
| Total equity and liabilities | 10/49 | €92,288 | €68,010 | -€24,278 | -26.3% |
| Equity | 10/15 | €7,282 | €24,364 | +€17,083 | +234.6% |
| Contributions | 10/11 | €15,511 | €15,511 | = | 0.0% |
| Outside capital | 11 | €15,511 | €15,511 | = | 0.0% |
| Share premium | 1100/10 | €13,651 | €13,651 | = | 0.0% |
| Other | 1109/19 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | - | €8,853 | +€8,853 | |
| Distributable reserves | 133 | - | €8,853 | +€8,853 | |
| Profit (loss) carried forward | 14 | -€8,229 | - | +€8,229 | |
| Amounts payable | 17/49 | €85,006 | €43,645 | -€41,360 | -48.7% |
| Amounts payable after more than one year | 17 | €8,131 | €5,992 | -€2,139 | -26.3% |
| Financial debts | 170/4 | €8,131 | €5,992 | -€2,139 | -26.3% |
| Amounts payable within one year | 42/48 | €76,875 | €37,654 | -€39,221 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €2,045 | €2,139 | +€94 | +4.6% |
| Trade debts | 44 | €46,318 | €13,955 | -€32,363 | -69.9% |
| Suppliers | 440/4 | €46,318 | €13,955 | -€32,363 | -69.9% |
| Advances received on contracts in progress | 46 | €8 | €360 | +€352 | +4509.5% |
| Taxes, remuneration and social security | 45 | €9,211 | €10,792 | +€1,581 | +17.2% |
| Taxes | 450/3 | €7,543 | €10,792 | +€3,249 | +43.1% |
| Remuneration and social security | 454/9 | €1,668 | - | -€1,668 | |
| Other amounts payable | 47/48 | €19,293 | €10,408 | -€8,885 | -46.1% |
| Remuneration, social security and pensions | 62 | €21,008 | €3,908 | -€17,100 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,825 | €4,120 | +€1,295 | +45.9% |
| Other operating charges | 640/8 | €850 | €999 | +€149 | +17.5% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | €33,740 | €29,258 | -€4,482 | -13.3% |
| Operating profit (loss) | 9901 | €9,058 | €20,082 | +€11,024 | +121.7% |
| Financial income | 75/76B | €351 | €0 | -€350 | -99.9% |
| Recurring financial income | 75 | €351 | €0 | -€350 | -99.9% |
| Financial charges | 65/66B | €678 | €1,172 | +€494 | +72.8% |
| Recurring financial charges | 65 | €678 | €1,172 | +€494 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €8,731 | €18,911 | +€10,180 | +116.6% |
| Income taxes | 67/77 | €1,945 | €5,635 | +€3,690 | +189.7% |
| Profit (loss) for the period | 9904 | €6,786 | €13,275 | +€6,489 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,786 | €13,275 | +€6,489 | +95.6% |
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 8 October 2026 via checked.be.