MEBOPA: 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.
MEBOPA
Largest movements
- Receivables within one year +€26,409
up €26,409 (+39.3%), from €67,262 to €93,671
- Tangible fixed assets -€6,010
down €6,010 (-4.2%), from €144,470 to €138,461
- Reserves +€17,095
up €17,095 (+40.6%), from €42,082 to €59,178
- Tax, wage and social debts +€8,555
up €8,555 (+59.1%), from €14,475 to €23,030
- Trade debts -€5,251
down €5,251 (-84.0%), from €6,251 to €1,000
- Gross operating margin +€1,790
up €1,790 (+6.1%), from €29,260 to €31,051
- Financial income +€1,463
up €1,463 (+50.5%), from €2,897 to €4,361
- Taxes +€1,012
up €1,012 (+13.4%), from €7,543 to €8,555
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,732 | €232,131 | +€20,399 | +9.6% |
| Fixed assets | 21/28 | €144,470 | €138,461 | -€6,010 | -4.2% |
| Tangible fixed assets | 22/27 | €144,470 | €138,461 | -€6,010 | -4.2% |
| Land and buildings | 22 | €144,470 | €138,461 | -€6,010 | -4.2% |
| Current assets | 29/58 | €67,262 | €93,671 | +€26,409 | +39.3% |
| Amounts receivable within one year | 40/41 | €67,262 | €93,671 | +€26,409 | +39.3% |
| Other amounts receivable | 41 | €67,262 | €93,671 | +€26,409 | +39.3% |
| Total equity and liabilities | 10/49 | €211,732 | €232,131 | +€20,399 | +9.6% |
| Equity | 10/15 | €191,006 | €208,102 | +€17,095 | +9.0% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €42,082 | €59,178 | +€17,095 | +40.6% |
| Distributable reserves | 133 | €42,082 | €59,178 | +€17,095 | +40.6% |
| Profit (loss) carried forward | 14 | €188 | €188 | = | 0.0% |
| Amounts payable | 17/49 | €20,726 | €24,030 | +€3,304 | +15.9% |
| Amounts payable within one year | 42/48 | €20,726 | €24,030 | +€3,304 | +15.9% |
| Trade debts | 44 | €6,251 | €1,000 | -€5,251 | -84.0% |
| Suppliers | 440/4 | €6,251 | €1,000 | -€5,251 | -84.0% |
| Taxes, remuneration and social security | 45 | €14,475 | €23,030 | +€8,555 | +59.1% |
| Taxes | 450/3 | €14,475 | €23,030 | +€8,555 | +59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,949 | €6,010 | +€60 | +1.0% |
| Other operating charges | 640/8 | €3,637 | €3,751 | +€115 | +3.2% |
| Gross operating margin | 9900 | €29,260 | €31,051 | +€1,790 | +6.1% |
| Operating profit (loss) | 9901 | €19,674 | €21,290 | +€1,616 | +8.2% |
| Financial income | 75/76B | €2,897 | €4,361 | +€1,463 | +50.5% |
| Recurring financial income | 75 | €2,897 | €4,361 | +€1,463 | +50.5% |
| Financial charges | 65/66B | €296 | - | -€296 | |
| Recurring financial charges | 65 | €296 | - | -€296 | |
| Profit (loss) for the period before taxes | 9903 | €22,276 | €25,650 | +€3,375 | +15.2% |
| Income taxes | 67/77 | €7,543 | €8,555 | +€1,012 | +13.4% |
| Profit (loss) for the period | 9904 | €14,732 | €17,095 | +€2,363 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,732 | €17,095 | +€2,363 | +16.0% |
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 2 October 2026 via checked.be.