MEBIPHIMMO: 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.
MEBIPHIMMO
Largest movements
- Current investments -€591,067
down €591,067 (-37.8%), from €1.6m to €970,565
- Cash +€137,971
up €137,971 (+128.0%), from €107,776 to €245,747
mainly Current investments (+€591,067) and Depreciation (+€28,514)
- Receivables within one year +€92,549
up €92,549 (+444.5%), from €20,820 to €113,369
- Other debts -€261,549
down €261,549 (-72.3%), from €361,549 to €100,000
- Reserves -€90,500
down €90,500 (-7.0%), from €1.3m to €1.2m
- Financial income -€30,781
down €30,781 (-39.8%), from €77,367 to €46,586
- Financial charges -€9,098
down €9,098 (-99.5%), from €9,145 to €47
- Taxes -€2,120
down €2,120 (-69.1%), from €3,070 to €950
- Depreciation +€2,009
up €2,009 (+7.6%), from €26,505 to €28,514
- Gross operating margin +€523
up €523 (+12.2%), from -€4,271 to -€3,748
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 | €1,817,206 | €1,465,214 | -€351,992 | -19.4% |
| Fixed assets | 21/28 | €126,339 | €133,007 | +€6,668 | +5.3% |
| Tangible fixed assets | 22/27 | €126,119 | €132,787 | +€6,668 | +5.3% |
| Land and buildings | 22 | €60,908 | €58,208 | -€2,700 | -4.4% |
| Plant, machinery and equipment | 23 | €65,211 | €72,993 | +€7,782 | +11.9% |
| Furniture and vehicles | 24 | - | €1,586 | +€1,586 | |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €1,690,867 | €1,332,207 | -€358,660 | -21.2% |
| Amounts receivable within one year | 40/41 | €20,820 | €113,369 | +€92,549 | +444.5% |
| Other amounts receivable | 41 | €20,820 | €113,369 | +€92,549 | +444.5% |
| Current investments | 50/53 | €1,561,632 | €970,565 | -€591,067 | -37.8% |
| Cash at bank and in hand | 54/58 | €107,776 | €245,747 | +€137,971 | +128.0% |
| Deferred charges and accrued income | 490/1 | €639 | €2,525 | +€1,887 | +295.3% |
| Total equity and liabilities | 10/49 | €1,817,206 | €1,465,214 | -€351,992 | -19.4% |
| Equity | 10/15 | €1,452,357 | €1,361,899 | -€90,458 | -6.2% |
| Contributions | 10/11 | €138,627 | €138,627 | = | 0.0% |
| Reserves | 13 | €1,293,100 | €1,202,600 | -€90,500 | -7.0% |
| Distributable reserves | 133 | €1,293,100 | €1,202,600 | -€90,500 | -7.0% |
| Profit (loss) carried forward | 14 | €20,630 | €20,672 | +€42 | +0.2% |
| Amounts payable | 17/49 | €364,849 | €103,315 | -€261,534 | -71.7% |
| Amounts payable within one year | 42/48 | €364,849 | €103,315 | -€261,534 | -71.7% |
| Trade debts | 44 | €3,301 | €3,315 | +€15 | +0.4% |
| Suppliers | 440/4 | €3,301 | €3,315 | +€15 | +0.4% |
| Other amounts payable | 47/48 | €361,549 | €100,000 | -€261,549 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,505 | €28,514 | +€2,009 | +7.6% |
| Other operating charges | 640/8 | €3,670 | €3,785 | +€115 | +3.1% |
| Gross operating margin | 9900 | -€4,271 | -€3,748 | +€523 | +12.2% |
| Operating profit (loss) | 9901 | -€34,446 | -€36,047 | -€1,601 | -4.6% |
| Financial income | 75/76B | €77,367 | €46,586 | -€30,781 | -39.8% |
| Recurring financial income | 75 | €77,367 | €46,586 | -€30,781 | -39.8% |
| Financial charges | 65/66B | €9,145 | €47 | -€9,098 | -99.5% |
| Recurring financial charges | 65 | €9,145 | €47 | -€9,098 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €33,777 | €10,492 | -€23,284 | -68.9% |
| Income taxes | 67/77 | €3,070 | €950 | -€2,120 | -69.1% |
| Profit (loss) for the period | 9904 | €30,707 | €9,542 | -€21,164 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,707 | €9,542 | -€21,164 | -68.9% |
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.