ME&CO: 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.
ME&CO
Largest movements
- Cash +€21,632
up €21,632 (+62.7%), from €34,522 to €56,154
mainly Receivables within one year (+€17,128) and Net result for the year (+€11,993)
- Receivables within one year -€17,128
down €17,128 (-68.0%), from €25,172 to €8,044
of which Trade receivables: -€18,875
- Tangible fixed assets -€843
down €843 (-10.0%), from €8,428 to €7,585
of which Furniture and vehicles: -€1,688
- Reserves +€11,993
up €11,993 (+24.4%), from €49,070 to €61,063
- Tax, wage and social debts -€4,559
down €4,559 (-37.3%), from €12,237 to €7,678
- Trade debts -€3,773
down €3,773 (-78.4%), from €4,815 to €1,041
- Turnover -€164,046
no longer reported in 2025 (was €164,046)
- Purchases and services -€128,448
no longer reported in 2025 (was €128,448)
- Gross operating margin -€16,767
down €16,767 (-46.6%), from €35,986 to €19,219
- Taxes -€4,301
down €4,301 (-45.1%), from €9,528 to €5,227
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 | €68,122 | €71,782 | +€3,661 | +5.4% |
| Fixed assets | 21/28 | €8,428 | €7,585 | -€843 | -10.0% |
| Tangible fixed assets | 22/27 | €8,428 | €7,585 | -€843 | -10.0% |
| Land and buildings | 22 | €810 | €572 | -€237 | -29.3% |
| Plant, machinery and equipment | 23 | - | €1,082 | +€1,082 | |
| Furniture and vehicles | 24 | €7,618 | €5,930 | -€1,688 | -22.2% |
| Current assets | 29/58 | €59,694 | €64,198 | +€4,504 | +7.5% |
| Amounts receivable within one year | 40/41 | €25,172 | €8,044 | -€17,128 | -68.0% |
| Trade receivables | 40 | €24,140 | €5,265 | -€18,875 | -78.2% |
| Other amounts receivable | 41 | €1,032 | €2,779 | +€1,747 | +169.2% |
| Cash at bank and in hand | 54/58 | €34,522 | €56,154 | +€21,632 | +62.7% |
| Total equity and liabilities | 10/49 | €68,122 | €71,782 | +€3,661 | +5.4% |
| Equity | 10/15 | €51,070 | €63,063 | +€11,993 | +23.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,070 | €61,063 | +€11,993 | +24.4% |
| Distributable reserves | 133 | €49,070 | €61,063 | +€11,993 | +24.4% |
| Amounts payable | 17/49 | €17,052 | €8,719 | -€8,332 | -48.9% |
| Amounts payable within one year | 42/48 | €17,052 | €8,719 | -€8,332 | -48.9% |
| Trade debts | 44 | €4,815 | €1,041 | -€3,773 | -78.4% |
| Suppliers | 440/4 | €4,815 | €1,041 | -€3,773 | -78.4% |
| Taxes, remuneration and social security | 45 | €12,237 | €7,678 | -€4,559 | -37.3% |
| Taxes | 450/3 | €12,237 | €7,678 | -€4,559 | -37.3% |
| Turnover | 70 | €164,046 | - | -€164,046 | |
| Goods, raw materials, services and sundry goods | 60/61 | €128,448 | - | -€128,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,861 | €2,040 | +€179 | +9.6% |
| Other operating charges | 640/8 | €457 | €120 | -€337 | -73.8% |
| Gross operating margin | 9900 | €35,986 | €19,219 | -€16,767 | -46.6% |
| Operating profit (loss) | 9901 | €33,667 | €17,059 | -€16,609 | -49.3% |
| Financial income | 75/76B | €110 | €214 | +€104 | +95.0% |
| Recurring financial income | 75 | €110 | €214 | +€104 | +95.0% |
| Financial charges | 65/66B | €53 | €53 | -€1 | -1.0% |
| Recurring financial charges | 65 | €53 | €53 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €33,724 | €17,220 | -€16,504 | -48.9% |
| Income taxes | 67/77 | €9,528 | €5,227 | -€4,301 | -45.1% |
| Profit (loss) for the period | 9904 | €24,196 | €11,993 | -€12,203 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,196 | €11,993 | -€12,203 | -50.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.