Méconium: 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.
Méconium
Largest movements
- Receivables within one year -€120,269
down €120,269 (-64.6%), from €186,165 to €65,896
- Cash -€39,186
down €39,186 (-6.8%), from €577,404 to €538,217
mainly Tax, wage and social debts (-€89,282) and Investment in fixed assets (net) (-€48,324)
- Tangible fixed assets +€33,917
up €33,917 (+151.6%), from €22,369 to €56,286
of which Furniture and vehicles: +€36,589
- Tax, wage and social debts -€89,282
down €89,282 (-75.8%), from €117,835 to €28,553
of which Taxes: -€86,475
- Profit (loss) carried forward -€30,934
down €30,934 (-7.9%), from €392,277 to €361,344
- Reserves -€30,000
down €30,000 (-12.5%), from €239,670 to €209,670
of which Non-distributable reserves: -€30,000
- Trade debts +€19,838
up €19,838 (+185.6%), from €10,691 to €30,529
- Gross operating margin -€60,838
down €60,838 (-53.3%), from €114,042 to €53,204
- Taxes -€10,572
down €10,572, from €10,319 to -€253
- Depreciation -€7,009
down €7,009 (-32.7%), from €21,416 to €14,407
- Staff costs -€2,231
down €2,231 (-3.1%), from €71,310 to €69,078
- Financial income -€1,163
down €1,163 (-38.8%), from €2,999 to €1,837
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 | €787,455 | €660,649 | -€126,806 | -16.1% |
| Fixed assets | 21/28 | €22,619 | €56,536 | +€33,917 | +149.9% |
| Tangible fixed assets | 22/27 | €22,369 | €56,286 | +€33,917 | +151.6% |
| Plant, machinery and equipment | 23 | €7,834 | €5,162 | -€2,672 | -34.1% |
| Furniture and vehicles | 24 | €14,535 | €51,125 | +€36,589 | +251.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €764,836 | €604,113 | -€160,723 | -21.0% |
| Amounts receivable within one year | 40/41 | €186,165 | €65,896 | -€120,269 | -64.6% |
| Trade receivables | 40 | €186,165 | €65,896 | -€120,269 | -64.6% |
| Cash at bank and in hand | 54/58 | €577,404 | €538,217 | -€39,186 | -6.8% |
| Deferred charges and accrued income | 490/1 | €1,268 | - | -€1,268 | |
| Total equity and liabilities | 10/49 | €787,455 | €660,649 | -€126,806 | -16.1% |
| Equity | 10/15 | €638,147 | €577,214 | -€60,934 | -9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €239,670 | €209,670 | -€30,000 | -12.5% |
| Non-distributable reserves | 130/1 | €220,920 | €190,920 | -€30,000 | -13.6% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Own shares acquired | 1312 | €220,300 | €190,300 | -€30,000 | -13.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €392,277 | €361,344 | -€30,934 | -7.9% |
| Amounts payable | 17/49 | €149,308 | €83,435 | -€65,873 | -44.1% |
| Amounts payable within one year | 42/48 | €148,858 | €82,985 | -€65,873 | -44.3% |
| Trade debts | 44 | €10,691 | €30,529 | +€19,838 | +185.6% |
| Suppliers | 440/4 | €10,691 | €30,529 | +€19,838 | +185.6% |
| Taxes, remuneration and social security | 45 | €117,835 | €28,553 | -€89,282 | -75.8% |
| Taxes | 450/3 | €111,097 | €24,622 | -€86,475 | -77.8% |
| Remuneration and social security | 454/9 | €6,738 | €3,931 | -€2,807 | -41.7% |
| Other amounts payable | 47/48 | €20,332 | €23,903 | +€3,571 | +17.6% |
| Accrued charges and deferred income | 492/3 | €450 | €450 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €71,310 | €69,078 | -€2,231 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,416 | €14,407 | -€7,009 | -32.7% |
| Other operating charges | 640/8 | €1,769 | €2,346 | +€577 | +32.6% |
| Gross operating margin | 9900 | €114,042 | €53,204 | -€60,838 | -53.3% |
| Operating profit (loss) | 9901 | €19,548 | -€32,627 | -€52,174 | |
| Financial income | 75/76B | €2,999 | €1,837 | -€1,163 | -38.8% |
| Recurring financial income | 75 | €2,999 | €1,837 | -€1,163 | -38.8% |
| Financial charges | 65/66B | €479 | €396 | -€83 | -17.3% |
| Recurring financial charges | 65 | €479 | €396 | -€83 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €22,068 | -€31,186 | -€53,254 | |
| Income taxes | 67/77 | €10,319 | -€253 | -€10,572 | |
| Profit (loss) for the period | 9904 | €11,749 | -€30,934 | -€42,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,749 | -€30,934 | -€42,682 |
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 6 October 2026 via checked.be.