MEBROM AQUA: 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.
MEBROM AQUA
Largest movements
- Receivables within one year -€1.3m
down €1.3m (-13.4%), from €10.0m to €8.7m
of which Trade receivables: -€1.3m
- Stocks and contracts +€263,139
up €263,139 (+17.7%), from €1.5m to €1.7m
- Tangible fixed assets -€124,877
down €124,877 (-43.7%), from €286,057 to €161,180
of which Other tangible fixed assets: -€91,006
- Trade debts -€1.3m
down €1.3m (-11.8%), from €11.1m to €9.8m
- Financial income +€256,059
up €256,059 (+111,329,800%), from €0 to €256,059
- Financial charges +€119,691
up €119,691 (+136%), from €88,242 to €207,932
- Taxes +€33,862
up €33,862 (+397%), from €8,519 to €42,381
- Gross operating margin +€13,159
up €13,159 (+4.4%), from €300,105 to €313,265
- Staff costs +€9,918
up €9,918 (+8.1%), from €121,870 to €131,788
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 | €11,995,706 | €10,774,429 | -€1.2m | -10.2% |
| Fixed assets | 21/28 | €286,057 | €161,180 | -€124,877 | -43.7% |
| Tangible fixed assets | 22/27 | €286,057 | €161,180 | -€124,877 | -43.7% |
| Plant, machinery and equipment | 23 | €193,513 | €156,035 | -€37,478 | -19.4% |
| Furniture and vehicles | 24 | - | €3,607 | +€3,607 | |
| Other tangible fixed assets | 26 | €92,544 | €1,538 | -€91,006 | -98.3% |
| Current assets | 29/58 | €11,709,649 | €10,613,249 | -€1.1m | -9.4% |
| Stocks and contracts in progress | 3 | €1,485,583 | €1,748,721 | +€263,139 | +17.7% |
| Stocks | 30/36 | €1,485,583 | €1,748,721 | +€263,139 | +17.7% |
| Amounts receivable within one year | 40/41 | €10,001,031 | €8,665,553 | -€1.3m | -13.4% |
| Trade receivables | 40 | €9,828,045 | €8,502,494 | -€1.3m | -13.5% |
| Other amounts receivable | 41 | €172,986 | €163,059 | -€9,927 | -5.7% |
| Cash at bank and in hand | 54/58 | €204,115 | €179,588 | -€24,527 | -12.0% |
| Deferred charges and accrued income | 490/1 | €18,919 | €19,386 | +€467 | +2.5% |
| Total equity and liabilities | 10/49 | €11,995,706 | €10,774,429 | -€1.2m | -10.2% |
| Equity | 10/15 | €824,156 | €936,738 | +€112,581 | +13.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €762,656 | €875,238 | +€112,581 | +14.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €756,506 | €869,088 | +€112,581 | +14.9% |
| Amounts payable | 17/49 | €11,171,550 | €9,837,691 | -€1.3m | -11.9% |
| Amounts payable after more than one year | 17 | €45,498 | €9,307 | -€36,191 | -79.5% |
| Financial debts | 170/4 | €45,498 | €9,307 | -€36,191 | -79.5% |
| Amounts payable within one year | 42/48 | €11,126,051 | €9,828,385 | -€1.3m | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €34,587 | €36,191 | +€1,604 | +4.6% |
| Trade debts | 44 | €11,067,075 | €9,761,906 | -€1.3m | -11.8% |
| Suppliers | 440/4 | €11,067,075 | €9,761,906 | -€1.3m | -11.8% |
| Taxes, remuneration and social security | 45 | €8,389 | €14,287 | +€5,898 | +70.3% |
| Remuneration and social security | 454/9 | €8,389 | €14,287 | +€5,898 | +70.3% |
| Other amounts payable | 47/48 | €16,000 | €16,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €16,319 | +€16,319 | |
| Remuneration, social security and pensions | 62 | €121,870 | €131,788 | +€9,918 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,094 | €68,923 | +€6,829 | +11.0% |
| Other operating charges | 640/8 | €3,293 | €5,717 | +€2,424 | +73.6% |
| Gross operating margin | 9900 | €300,105 | €313,265 | +€13,159 | +4.4% |
| Operating profit (loss) | 9901 | €112,848 | €106,836 | -€6,012 | -5.3% |
| Financial income | 75/76B | €0 | €256,059 | +€256,059 | +111,329,800% |
| Recurring financial income | 75 | €0 | €256,059 | +€256,059 | +111,329,800% |
| Financial charges | 65/66B | €88,242 | €207,932 | +€119,691 | +136% |
| Recurring financial charges | 65 | €88,242 | €207,932 | +€119,691 | +136% |
| Profit (loss) for the period before taxes | 9903 | €24,606 | €154,962 | +€130,356 | +530% |
| Income taxes | 67/77 | €8,519 | €42,381 | +€33,862 | +397% |
| Profit (loss) for the period | 9904 | €16,087 | €112,581 | +€96,494 | +600% |
| Profit (loss) for the period to be appropriated | 9905 | €16,087 | €112,581 | +€96,494 | +600% |
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 30 October 2026 via checked.be.