ME - SYSTEMS: 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.
ME - SYSTEMS
Largest movements
- Cash -€41,964
down €41,964 (-22.4%), from €187,132 to €145,168
mainly Contributions, distributions and other (-€117,255) and Investment in fixed assets (net) (-€26,180)
- Tangible fixed assets +€8,858
up €8,858 (+2.3%), from €380,400 to €389,258
of which Other tangible fixed assets: +€14,260
- Reserves -€20,765
down €20,765 (-4.2%), from €489,467 to €468,701
- Contributions -€17,600
down €17,600 (-94.6%), from €18,600 to €1,000
- Tax, wage and social debts +€6,948
up €6,948 (+150.4%), from €4,618 to €11,567
- Depreciation +€7,341
up €7,341 (+73.6%), from €9,980 to €17,322
- Taxes -€2,198
down €2,198 (-6.8%), from €32,462 to €30,264
- Financial income -€1,841
down €1,841 (-98.1%), from €1,878 to €37
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 | €593,695 | €560,730 | -€32,964 | -5.6% |
| Fixed assets | 21/28 | €380,400 | €389,258 | +€8,858 | +2.3% |
| Tangible fixed assets | 22/27 | €380,400 | €389,258 | +€8,858 | +2.3% |
| Land and buildings | 22 | €305,064 | €298,326 | -€6,738 | -2.2% |
| Plant, machinery and equipment | 23 | €758 | €378 | -€380 | -50.1% |
| Furniture and vehicles | 24 | - | €1,716 | +€1,716 | |
| Other tangible fixed assets | 26 | €74,578 | €88,838 | +€14,260 | +19.1% |
| Current assets | 29/58 | €213,295 | €171,473 | -€41,822 | -19.6% |
| Stocks and contracts in progress | 3 | €905 | €483 | -€422 | -46.7% |
| Stocks | 30/36 | €905 | €483 | -€422 | -46.7% |
| Amounts receivable within one year | 40/41 | €21,974 | €23,403 | +€1,429 | +6.5% |
| Trade receivables | 40 | €19,020 | €19,678 | +€658 | +3.5% |
| Other amounts receivable | 41 | €2,954 | €3,725 | +€771 | +26.1% |
| Cash at bank and in hand | 54/58 | €187,132 | €145,168 | -€41,964 | -22.4% |
| Deferred charges and accrued income | 490/1 | €3,284 | €2,419 | -€865 | -26.3% |
| Total equity and liabilities | 10/49 | €593,695 | €560,730 | -€32,964 | -5.6% |
| Equity | 10/15 | €508,067 | €469,701 | -€38,365 | -7.6% |
| Contributions | 10/11 | €18,600 | €1,000 | -€17,600 | -94.6% |
| Reserves | 13 | €489,467 | €468,701 | -€20,765 | -4.2% |
| Distributable reserves | 133 | €489,467 | €468,701 | -€20,765 | -4.2% |
| Amounts payable | 17/49 | €85,628 | €91,029 | +€5,401 | +6.3% |
| Amounts payable within one year | 42/48 | €85,538 | €91,029 | +€5,491 | +6.4% |
| Trade debts | 44 | €2,840 | €1,178 | -€1,662 | -58.5% |
| Suppliers | 440/4 | €2,840 | €1,178 | -€1,662 | -58.5% |
| Taxes, remuneration and social security | 45 | €4,618 | €11,567 | +€6,948 | +150.4% |
| Taxes | 450/3 | €4,618 | €11,567 | +€6,948 | +150.4% |
| Other amounts payable | 47/48 | €78,079 | €78,285 | +€205 | +0.3% |
| Accrued charges and deferred income | 492/3 | €90 | - | -€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,980 | €17,322 | +€7,341 | +73.6% |
| Other operating charges | 640/8 | €1,571 | €1,619 | +€48 | +3.0% |
| Gross operating margin | 9900 | €134,408 | €133,390 | -€1,018 | -0.8% |
| Operating profit (loss) | 9901 | €122,856 | €114,449 | -€8,407 | -6.8% |
| Financial income | 75/76B | €1,878 | €37 | -€1,841 | -98.1% |
| Recurring financial income | 75 | €1,878 | €37 | -€1,841 | -98.1% |
| Financial charges | 65/66B | €6,098 | €5,332 | -€766 | -12.6% |
| Recurring financial charges | 65 | €6,098 | €5,332 | -€766 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €118,636 | €109,154 | -€9,482 | -8.0% |
| Income taxes | 67/77 | €32,462 | €30,264 | -€2,198 | -6.8% |
| Profit (loss) for the period | 9904 | €86,174 | €78,890 | -€7,284 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,174 | €78,890 | -€7,284 | -8.5% |
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 3 October 2026 via checked.be.