ME Technics: 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 Technics
Largest movements
- Receivables within one year -€316,588
down €316,588 (-62.5%), from €506,758 to €190,170
of which Trade receivables: -€307,801
- Intangible fixed assets -€54,929
down €54,929 (-59.6%), from €92,125 to €37,196
- Stocks and contracts -€41,000
down €41,000 (-4.0%), from €1.0m to €980,389
of which Stocks: -€36,556
- Tangible fixed assets -€33,579
down €33,579 (-32.4%), from €103,700 to €70,121
of which Plant, machinery and equipment: -€23,426
- Deferred charges and accrued income -€26,000
down €26,000 (-30.2%), from €86,000 to €60,000
- Trade debts -€382,795
down €382,795 (-81.3%), from €471,089 to €88,294
- Profit (loss) carried forward +€110,042
up €110,042 (+111.7%), from €98,516 to €208,557
- Debts after one year -€93,635
down €93,635 (-32.9%), from €284,330 to €190,695
- Current portion of long-term debt -€71,089
down €71,089 (-57.8%), from €123,086 to €51,997
- Other debts -€62,076
down €62,076 (-12.3%), from €503,003 to €440,927
- Staff costs -€287,863
down €287,863 (-25.1%), from €1.1m to €861,031
- Gross operating margin -€42,198
down €42,198 (-3.5%), from €1.2m to €1.2m
- Other operating charges +€30,899
up €30,899 (+421.2%), from €7,336 to €38,235
- Financial charges +€13,067
up €13,067 (+28.9%), from €45,282 to €58,349
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 | €1,919,098 | €1,426,542 | -€492,557 | -25.7% |
| Fixed assets | 21/28 | €195,825 | €107,317 | -€88,508 | -45.2% |
| Intangible fixed assets | 21 | €92,125 | €37,196 | -€54,929 | -59.6% |
| Tangible fixed assets | 22/27 | €103,700 | €70,121 | -€33,579 | -32.4% |
| Plant, machinery and equipment | 23 | €59,544 | €36,118 | -€23,426 | -39.3% |
| Furniture and vehicles | 24 | €44,156 | €34,003 | -€10,153 | -23.0% |
| Current assets | 29/58 | €1,723,273 | €1,319,225 | -€404,049 | -23.4% |
| Stocks and contracts in progress | 3 | €1,021,389 | €980,389 | -€41,000 | -4.0% |
| Stocks | 30/36 | €942,313 | €905,756 | -€36,556 | -3.9% |
| Contracts in progress | 37 | €79,076 | €74,633 | -€4,444 | -5.6% |
| Amounts receivable within one year | 40/41 | €506,758 | €190,170 | -€316,588 | -62.5% |
| Trade receivables | 40 | €429,477 | €121,676 | -€307,801 | -71.7% |
| Other amounts receivable | 41 | €77,281 | €68,494 | -€8,787 | -11.4% |
| Cash at bank and in hand | 54/58 | €109,127 | €88,666 | -€20,461 | -18.7% |
| Deferred charges and accrued income | 490/1 | €86,000 | €60,000 | -€26,000 | -30.2% |
| Total equity and liabilities | 10/49 | €1,919,098 | €1,426,542 | -€492,557 | -25.7% |
| Equity | 10/15 | €118,976 | €229,017 | +€110,042 | +92.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,516 | €208,557 | +€110,042 | +111.7% |
| Amounts payable | 17/49 | €1,800,123 | €1,197,525 | -€602,598 | -33.5% |
| Amounts payable after more than one year | 17 | €284,330 | €190,695 | -€93,635 | -32.9% |
| Financial debts | 170/4 | €284,330 | €190,695 | -€93,635 | -32.9% |
| Amounts payable within one year | 42/48 | €1,515,793 | €1,006,830 | -€508,963 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €123,086 | €51,997 | -€71,089 | -57.8% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | = | 0.0% |
| Trade debts | 44 | €471,089 | €88,294 | -€382,795 | -81.3% |
| Suppliers | 440/4 | €471,089 | €88,294 | -€382,795 | -81.3% |
| Taxes, remuneration and social security | 45 | €68,614 | €75,611 | +€6,997 | +10.2% |
| Remuneration and social security | 454/9 | €68,614 | €75,611 | +€6,997 | +10.2% |
| Other amounts payable | 47/48 | €503,003 | €440,927 | -€62,076 | -12.3% |
| Remuneration, social security and pensions | 62 | €1,148,894 | €861,031 | -€287,863 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,398 | €107,040 | -€8,357 | -7.2% |
| Other operating charges | 640/8 | €7,336 | €38,235 | +€30,899 | +421.2% |
| Gross operating margin | 9900 | €1,216,673 | €1,174,475 | -€42,198 | -3.5% |
| Operating profit (loss) | 9901 | -€54,955 | €168,169 | +€223,124 | |
| Financial income | 75/76B | €1,250 | €222 | -€1,028 | -82.2% |
| Recurring financial income | 75 | €1,250 | €222 | -€1,028 | -82.2% |
| Financial charges | 65/66B | €45,282 | €58,349 | +€13,067 | +28.9% |
| Recurring financial charges | 65 | €45,282 | €58,349 | +€13,067 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€98,987 | €110,042 | +€209,029 | |
| Income taxes | 67/77 | €10,762 | - | -€10,762 | |
| Profit (loss) for the period | 9904 | -€109,749 | €110,042 | +€219,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€109,749 | €110,042 | +€219,791 |
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 12 October 2026 via checked.be.