ME Concept: 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 Concept
Largest movements
- Tangible fixed assets -€5,933
down €5,933 (-27.2%), from €21,795 to €15,861
- Receivables within one year -€3,056
down €3,056 (-25.8%), from €11,854 to €8,799
of which Trade receivables: -€2,120
- Cash -€460
down €460 (-24.3%), from €1,895 to €1,434
mainly Net result for the year (-€10,990) and Trade debts (-€994)
- Profit (loss) carried forward -€10,990
down €10,990 (-286.0%), from -€3,843 to -€14,833
- Other debts +€2,706
up €2,706 (+15.0%), from €18,067 to €20,773
- Trade debts -€994
down €994 (-47.6%), from €2,089 to €1,095
- Gross operating margin +€19,227
up €19,227 (+53.7%), from €35,778 to €55,005
- Taxes +€1,424
no longer reported in 2025 (was -€1,424)
- Staff costs +€1,097
up €1,097 (+1.9%), from €58,228 to €59,326
- Depreciation +€821
up €821 (+16.1%), from €5,113 to €5,933
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 | €35,803 | €26,543 | -€9,260 | -25.9% |
| Fixed assets | 21/28 | €22,055 | €16,121 | -€5,933 | -26.9% |
| Tangible fixed assets | 22/27 | €21,795 | €15,861 | -€5,933 | -27.2% |
| Furniture and vehicles | 24 | €21,795 | €15,861 | -€5,933 | -27.2% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €13,749 | €10,421 | -€3,327 | -24.2% |
| Amounts receivable within one year | 40/41 | €11,854 | €8,799 | -€3,056 | -25.8% |
| Trade receivables | 40 | €6,614 | €4,494 | -€2,120 | -32.0% |
| Other amounts receivable | 41 | €5,240 | €4,304 | -€936 | -17.9% |
| Cash at bank and in hand | 54/58 | €1,895 | €1,434 | -€460 | -24.3% |
| Deferred charges and accrued income | 490/1 | - | €188 | +€188 | |
| Total equity and liabilities | 10/49 | €35,803 | €26,543 | -€9,260 | -25.9% |
| Equity | 10/15 | €2,357 | -€8,633 | -€10,990 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,843 | -€14,833 | -€10,990 | -286.0% |
| Amounts payable | 17/49 | €33,446 | €35,176 | +€1,730 | +5.2% |
| Amounts payable within one year | 42/48 | €33,446 | €35,176 | +€1,730 | +5.2% |
| Trade debts | 44 | €2,089 | €1,095 | -€994 | -47.6% |
| Suppliers | 440/4 | €2,089 | €1,095 | -€994 | -47.6% |
| Taxes, remuneration and social security | 45 | €13,290 | €13,308 | +€18 | +0.1% |
| Taxes | 450/3 | €5,031 | €456 | -€4,575 | -90.9% |
| Remuneration and social security | 454/9 | €8,260 | €12,852 | +€4,592 | +55.6% |
| Other amounts payable | 47/48 | €18,067 | €20,773 | +€2,706 | +15.0% |
| Remuneration, social security and pensions | 62 | €58,228 | €59,326 | +€1,097 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,113 | €5,933 | +€821 | +16.1% |
| Other operating charges | 640/8 | €704 | €502 | -€202 | -28.7% |
| Gross operating margin | 9900 | €35,778 | €55,005 | +€19,227 | +53.7% |
| Operating profit (loss) | 9901 | -€28,267 | -€10,756 | +€17,511 | +61.9% |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Financial charges | 65/66B | €277 | €235 | -€42 | -15.2% |
| Recurring financial charges | 65 | €277 | €235 | -€42 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,480 | -€10,990 | +€17,489 | +61.4% |
| Income taxes | 67/77 | -€1,424 | - | +€1,424 | |
| Profit (loss) for the period | 9904 | -€27,056 | -€10,990 | +€16,066 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,056 | -€10,990 | +€16,066 | +59.4% |
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 10 October 2026 via checked.be.