ME Plaza: 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 Plaza
Largest movements
- Tangible fixed assets -€10,584
down €10,584 (-11.3%), from €93,768 to €83,184
of which Plant, machinery and equipment: -€8,177
- Cash -€9,711
down €9,711 (-31.1%), from €31,252 to €21,541
mainly Investment in fixed assets (net) (-€29,174) and Debts after one year (-€17,682)
- Receivables after one year +€4,000
new in 2025: €4,000
- Intangible fixed assets -€3,571
down €3,571 (-16.7%), from €21,390 to €17,818
- Receivables within one year -€1,848
down €1,848 (-36.5%), from €5,057 to €3,209
of which Other amounts receivable: -€3,519
- Debts after one year -€17,682
down €17,682 (-18.2%), from €96,936 to €79,254
- Trade debts -€9,621
down €9,621 (-44.3%), from €21,726 to €12,104
- Reserves +€2,683
up €2,683 (+35.0%), from €7,671 to €10,354
- Other debts +€2,372
up €2,372 (+55,151%), from €4 to €2,376
- Depreciation +€3,325
up €3,325 (+8.3%), from €40,005 to €43,330
- Gross operating margin -€1,204
down €1,204 (-2.1%), from €58,455 to €57,251
- Taxes -€734
down €734 (-42.0%), from €1,747 to €1,014
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.
Derived cash bridge
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 | €154,966 | €134,982 | -€19,984 | -12.9% |
| Fixed assets | 21/28 | €115,157 | €101,002 | -€14,156 | -12.3% |
| Intangible fixed assets | 21 | €21,390 | €17,818 | -€3,571 | -16.7% |
| Tangible fixed assets | 22/27 | €93,768 | €83,184 | -€10,584 | -11.3% |
| Land and buildings | 22 | €19,656 | €17,656 | -€2,000 | -10.2% |
| Plant, machinery and equipment | 23 | €72,984 | €64,808 | -€8,177 | -11.2% |
| Furniture and vehicles | 24 | €1,128 | €720 | -€407 | -36.1% |
| Current assets | 29/58 | €39,809 | €33,980 | -€5,828 | -14.6% |
| Amounts receivable after more than one year | 29 | - | €4,000 | +€4,000 | |
| Trade receivables | 290 | - | €4,000 | +€4,000 | |
| Stocks and contracts in progress | 3 | €3,120 | €3,535 | +€415 | +13.3% |
| Stocks | 30/36 | €3,120 | €3,535 | +€415 | +13.3% |
| Amounts receivable within one year | 40/41 | €5,057 | €3,209 | -€1,848 | -36.5% |
| Trade receivables | 40 | €188 | €1,859 | +€1,671 | +891% |
| Other amounts receivable | 41 | €4,869 | €1,350 | -€3,519 | -72.3% |
| Cash at bank and in hand | 54/58 | €31,252 | €21,541 | -€9,711 | -31.1% |
| Deferred charges and accrued income | 490/1 | €380 | €1,695 | +€1,316 | +346% |
| Total equity and liabilities | 10/49 | €154,966 | €134,982 | -€19,984 | -12.9% |
| Equity | 10/15 | €17,671 | €20,354 | +€2,683 | +15.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,671 | €10,354 | +€2,683 | +35.0% |
| Distributable reserves | 133 | €7,671 | €10,354 | +€2,683 | +35.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €137,295 | €114,628 | -€22,667 | -16.5% |
| Amounts payable after more than one year | 17 | €96,936 | €79,254 | -€17,682 | -18.2% |
| Financial debts | 170/4 | €96,936 | €79,254 | -€17,682 | -18.2% |
| Amounts payable within one year | 42/48 | €40,358 | €35,374 | -€4,985 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €16,904 | €17,682 | +€778 | +4.6% |
| Trade debts | 44 | €21,726 | €12,104 | -€9,621 | -44.3% |
| Suppliers | 440/4 | €21,726 | €12,104 | -€9,621 | -44.3% |
| Taxes, remuneration and social security | 45 | €1,725 | €3,211 | +€1,487 | +86.2% |
| Taxes | 450/3 | €1,725 | €3,211 | +€1,487 | +86.2% |
| Other amounts payable | 47/48 | €4 | €2,376 | +€2,372 | +55,151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,005 | €43,330 | +€3,325 | +8.3% |
| Other operating charges | 640/8 | €1,337 | €1,176 | -€161 | -12.1% |
| Gross operating margin | 9900 | €58,455 | €57,251 | -€1,204 | -2.1% |
| Operating profit (loss) | 9901 | €17,114 | €12,746 | -€4,368 | -25.5% |
| Financial income | 75/76B | €184 | €222 | +€38 | +20.7% |
| Recurring financial income | 75 | €184 | €222 | +€38 | +20.7% |
| Financial charges | 65/66B | €7,879 | €7,605 | -€274 | -3.5% |
| Recurring financial charges | 65 | €7,879 | €7,605 | -€274 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €9,418 | €5,363 | -€4,056 | -43.1% |
| Income taxes | 67/77 | €1,747 | €1,014 | -€734 | -42.0% |
| Profit (loss) for the period | 9904 | €7,671 | €4,349 | -€3,322 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,671 | €4,349 | -€3,322 | -43.3% |
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 30 October 2026 via checked.be.