MEAVOTA: 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.
MEAVOTA
Largest movements
- Receivables within one year +€38,457
up €38,457 (+43.0%), from €89,389 to €127,846
of which Trade receivables: +€29,089
- Tangible fixed assets +€36,913
up €36,913 (+903%), from €4,089 to €41,001
of which Furniture and vehicles: +€37,711
- Cash -€4,304
down €4,304 (-99.7%), from €4,316 to €13
mainly Investment in fixed assets (net) (-€39,725) and Receivables within one year (-€38,457)
- Profit (loss) carried forward +€61,148
up €61,148 (+97.8%), from -€62,505 to -€1,358
- Trade debts +€7,888
up €7,888 (+2,369%), from €333 to €8,221
- Other debts +€7,270
up €7,270 (+4.6%), from €156,839 to €164,109
- Debts after one year -€6,602
down €6,602 (-11.2%), from €59,040 to €52,438
- Accrued charges and deferred income -€6,220
no longer reported in 2025 (was €6,220)
- Gross operating margin +€85,417
up €85,417, from -€11,990 to €73,427
- Taxes +€5,867
up €5,867 (+2,815%), from €208 to €6,076
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 | €246,243 | €318,865 | +€72,622 | +29.5% |
| Fixed assets | 21/28 | €4,089 | €41,001 | +€36,913 | +903% |
| Tangible fixed assets | 22/27 | €4,089 | €41,001 | +€36,913 | +903% |
| Plant, machinery and equipment | 23 | €1,648 | €952 | -€696 | -42.2% |
| Furniture and vehicles | 24 | €1,504 | €39,215 | +€37,711 | +2,508% |
| Other tangible fixed assets | 26 | €937 | €835 | -€102 | -10.9% |
| Current assets | 29/58 | €242,154 | €277,864 | +€35,710 | +14.7% |
| Stocks and contracts in progress | 3 | €147,489 | €147,489 | = | 0.0% |
| Stocks | 30/36 | €147,489 | €147,489 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,389 | €127,846 | +€38,457 | +43.0% |
| Trade receivables | 40 | €61,333 | €90,422 | +€29,089 | +47.4% |
| Other amounts receivable | 41 | €28,056 | €37,425 | +€9,369 | +33.4% |
| Cash at bank and in hand | 54/58 | €4,316 | €13 | -€4,304 | -99.7% |
| Deferred charges and accrued income | 490/1 | €960 | €2,516 | +€1,556 | +162% |
| Total equity and liabilities | 10/49 | €246,243 | €318,865 | +€72,622 | +29.5% |
| Equity | 10/15 | €7,955 | €69,102 | +€61,148 | +769% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,505 | -€1,358 | +€61,148 | +97.8% |
| Amounts payable | 17/49 | €238,288 | €249,763 | +€11,475 | +4.8% |
| Amounts payable after more than one year | 17 | €59,040 | €52,438 | -€6,602 | -11.2% |
| Financial debts | 170/4 | €59,040 | €52,438 | -€6,602 | -11.2% |
| Amounts payable within one year | 42/48 | €173,028 | €197,325 | +€24,298 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €6,479 | €6,602 | +€124 | +1.9% |
| Trade debts | 44 | €333 | €8,221 | +€7,888 | +2,369% |
| Suppliers | 440/4 | €333 | €8,221 | +€7,888 | +2,369% |
| Advances received on contracts in progress | 46 | €7,451 | €11,640 | +€4,189 | +56.2% |
| Taxes, remuneration and social security | 45 | €1,927 | €6,754 | +€4,827 | +251% |
| Taxes | 450/3 | €641 | €6,754 | +€6,113 | +953% |
| Remuneration and social security | 454/9 | €1,285 | - | -€1,285 | |
| Other amounts payable | 47/48 | €156,839 | €164,109 | +€7,270 | +4.6% |
| Accrued charges and deferred income | 492/3 | €6,220 | - | -€6,220 | |
| Non-recurring operating income | 76A | - | €9,835 | +€9,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,949 | €2,813 | -€137 | -4.6% |
| Other operating charges | 640/8 | €1,416 | €1,564 | +€148 | +10.4% |
| Gross operating margin | 9900 | -€11,990 | €73,427 | +€85,417 | |
| Operating profit (loss) | 9901 | -€16,356 | €69,050 | +€85,406 | |
| Financial income | 75/76B | €1,585 | €1,730 | +€145 | +9.1% |
| Recurring financial income | 75 | €1,585 | €1,730 | +€145 | +9.1% |
| Financial charges | 65/66B | €3,698 | €3,556 | -€142 | -3.8% |
| Recurring financial charges | 65 | €3,698 | €3,556 | -€142 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,470 | €67,223 | +€85,693 | |
| Income taxes | 67/77 | €208 | €6,076 | +€5,867 | +2,815% |
| Profit (loss) for the period | 9904 | -€18,678 | €61,148 | +€79,826 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,678 | €61,148 | +€79,826 |
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 17 October 2026 via checked.be.