ME&WE: 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&WE
Largest movements
- Receivables within one year +€8,761
up €8,761 (+157.2%), from €5,572 to €14,332
of which Trade receivables: +€8,871
- Tangible fixed assets -€3,790
down €3,790 (-24.9%), from €15,191 to €11,401
- Cash -€2,494
down €2,494 (-36.0%), from €6,923 to €4,429
mainly Other debts (-€18,469) and Receivables within one year (-€8,761)
- Financial fixed assets -€1,525
down €1,525 (-81.3%), from €1,875 to €350
- Deferred charges and accrued income -€692
down €692 (-100.0%), from €692 to €0
- Other debts -€18,469
down €18,469 (-78.3%), from €23,583 to €5,114
- Trade debts +€8,127
up €8,127 (+650.1%), from €1,250 to €9,378
- Reserves +€6,389
up €6,389 (+2049.3%), from €312 to €6,701
- Tax, wage and social debts +€5,172
up €5,172 (+519.5%), from €996 to €6,168
- Accrued charges and deferred income -€960
down €960 (-86.3%), from €1,112 to €152
- Gross operating margin +€6,897
up €6,897 (+78.7%), from €8,762 to €15,659
- Taxes +€1,378
up €1,378 (+376.1%), from €366 to €1,745
- Other operating charges -€585
down €585 (-14.8%), from €3,941 to €3,356
- Financial income +€181
up €181 (+762.0%), from €24 to €204
- Financial charges +€177
up €177 (+43.3%), from €408 to €584
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 | €30,253 | €30,513 | +€260 | +0.9% |
| Fixed assets | 21/28 | €17,066 | €11,751 | -€5,315 | -31.1% |
| Tangible fixed assets | 22/27 | €15,191 | €11,401 | -€3,790 | -24.9% |
| Furniture and vehicles | 24 | €15,191 | €11,401 | -€3,790 | -24.9% |
| Financial fixed assets | 28 | €1,875 | €350 | -€1,525 | -81.3% |
| Current assets | 29/58 | €13,187 | €18,762 | +€5,575 | +42.3% |
| Amounts receivable within one year | 40/41 | €5,572 | €14,332 | +€8,761 | +157.2% |
| Trade receivables | 40 | €5,461 | €14,332 | +€8,871 | +162.5% |
| Other amounts receivable | 41 | €111 | €0 | -€111 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,923 | €4,429 | -€2,494 | -36.0% |
| Deferred charges and accrued income | 490/1 | €692 | €0 | -€692 | -100.0% |
| Total equity and liabilities | 10/49 | €30,253 | €30,513 | +€260 | +0.9% |
| Equity | 10/15 | €3,312 | €9,701 | +€6,389 | +192.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €312 | €6,701 | +€6,389 | +2049.3% |
| Distributable reserves | 133 | €312 | €6,701 | +€6,389 | +2049.3% |
| Amounts payable | 17/49 | €26,941 | €20,812 | -€6,129 | -22.7% |
| Amounts payable within one year | 42/48 | €25,829 | €20,660 | -€5,169 | -20.0% |
| Trade debts | 44 | €1,250 | €9,378 | +€8,127 | +650.1% |
| Suppliers | 440/4 | €1,250 | €9,378 | +€8,127 | +650.1% |
| Taxes, remuneration and social security | 45 | €996 | €6,168 | +€5,172 | +519.5% |
| Taxes | 450/3 | €996 | €6,168 | +€5,172 | +519.5% |
| Other amounts payable | 47/48 | €23,583 | €5,114 | -€18,469 | -78.3% |
| Accrued charges and deferred income | 492/3 | €1,112 | €152 | -€960 | -86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,759 | €3,790 | +€31 | +0.8% |
| Other operating charges | 640/8 | €3,941 | €3,356 | -€585 | -14.8% |
| Gross operating margin | 9900 | €8,762 | €15,659 | +€6,897 | +78.7% |
| Operating profit (loss) | 9901 | €1,062 | €8,513 | +€7,451 | +701.5% |
| Financial income | 75/76B | €24 | €204 | +€181 | +762.0% |
| Recurring financial income | 75 | €24 | €204 | +€181 | +762.0% |
| Financial charges | 65/66B | €408 | €584 | +€177 | +43.3% |
| Recurring financial charges | 65 | €408 | €584 | +€177 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | €678 | €8,133 | +€7,455 | +1099.2% |
| Income taxes | 67/77 | €366 | €1,745 | +€1,378 | +376.1% |
| Profit (loss) for the period | 9904 | €312 | €6,389 | +€6,077 | +1949.3% |
| Profit (loss) for the period to be appropriated | 9905 | €312 | €6,389 | +€6,077 | +1949.3% |
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 9 October 2026 via checked.be.