MEBALA: 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.
MEBALA
Largest movements
- Cash +€10,456
up €10,456 (+16.1%), from €64,975 to €75,431
mainly Net result for the year (+€46,461) and Depreciation (+€5,340)
- Tangible fixed assets -€3,962
down €3,962 (-64.5%), from €6,142 to €2,181
- Profit (loss) carried forward +€11,167
up €11,167 (+21.9%), from €50,910 to €62,077
- Tax, wage and social debts -€4,698
down €4,698 (-26.1%), from €18,002 to €13,304
of which Taxes: -€4,705
- Current portion of long-term debt -€3,654
down €3,654 (-74.8%), from €4,883 to €1,229
- Trade debts +€2,741
up €2,741 (+142%), from €1,924 to €4,665
- Other debts +€2,643
up €2,643 (+85.8%), from €3,080 to €5,724
- Gross operating margin +€6,275
up €6,275 (+10.4%), from €60,505 to €66,781
- Taxes +€1,378
up €1,378 (+11.3%), from €12,151 to €13,529
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 | €85,069 | €92,000 | +€6,930 | +8.1% |
| Fixed assets | 21/28 | €6,142 | €2,181 | -€3,962 | -64.5% |
| Tangible fixed assets | 22/27 | €6,142 | €2,181 | -€3,962 | -64.5% |
| Furniture and vehicles | 24 | €6,142 | €2,181 | -€3,962 | -64.5% |
| Current assets | 29/58 | €78,927 | €89,819 | +€10,892 | +13.8% |
| Amounts receivable within one year | 40/41 | €13,580 | €13,837 | +€257 | +1.9% |
| Trade receivables | 40 | €13,280 | €13,537 | +€257 | +1.9% |
| Other amounts receivable | 41 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,975 | €75,431 | +€10,456 | +16.1% |
| Deferred charges and accrued income | 490/1 | €372 | €551 | +€180 | +48.3% |
| Total equity and liabilities | 10/49 | €85,069 | €92,000 | +€6,930 | +8.1% |
| Equity | 10/15 | €55,910 | €67,077 | +€11,167 | +20.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,910 | €62,077 | +€11,167 | +21.9% |
| Amounts payable | 17/49 | €29,159 | €24,923 | -€4,236 | -14.5% |
| Amounts payable after more than one year | 17 | €1,229 | €0 | -€1,229 | -100% |
| Financial debts | 170/4 | €1,229 | €0 | -€1,229 | -100% |
| Amounts payable within one year | 42/48 | €27,890 | €24,923 | -€2,967 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,883 | €1,229 | -€3,654 | -74.8% |
| Trade debts | 44 | €1,924 | €4,665 | +€2,741 | +142% |
| Suppliers | 440/4 | €1,924 | €4,665 | +€2,741 | +142% |
| Taxes, remuneration and social security | 45 | €18,002 | €13,304 | -€4,698 | -26.1% |
| Taxes | 450/3 | €15,196 | €10,491 | -€4,705 | -31.0% |
| Remuneration and social security | 454/9 | €2,806 | €2,813 | +€7 | +0.3% |
| Other amounts payable | 47/48 | €3,080 | €5,724 | +€2,643 | +85.8% |
| Accrued charges and deferred income | 492/3 | €40 | €0 | -€40 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,359 | €5,340 | -€18 | -0.3% |
| Other operating charges | 640/8 | €1,563 | €1,237 | -€326 | -20.9% |
| Gross operating margin | 9900 | €60,505 | €66,781 | +€6,275 | +10.4% |
| Operating profit (loss) | 9901 | €53,584 | €60,204 | +€6,620 | +12.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €359 | €214 | -€145 | -40.4% |
| Recurring financial charges | 65 | €359 | €214 | -€145 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €53,225 | €59,990 | +€6,765 | +12.7% |
| Income taxes | 67/77 | €12,151 | €13,529 | +€1,378 | +11.3% |
| Profit (loss) for the period | 9904 | €41,074 | €46,461 | +€5,387 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,074 | €46,461 | +€5,387 | +13.1% |
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.