MEDA CHASSIS: 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.
MEDA CHASSIS
Largest movements
- Cash -€55,006
down €55,006 (-52.6%), from €104,500 to €49,493
mainly Net result for the year (-€36,502) and Receivables within one year (-€13,757)
- Receivables within one year +€13,757
up €13,757 (+26.2%), from €52,509 to €66,266
of which Trade receivables: +€11,769
- Tangible fixed assets +€2,581
up €2,581 (+30.4%), from €8,488 to €11,069
of which Furniture and vehicles: +€2,678
- Profit (loss) carried forward -€36,502
down €36,502 (-67.6%), from €54,024 to €17,522
- Current portion of long-term debt -€5,315
no longer reported in 2025 (was €5,315)
- Trade debts +€3,629
up €3,629 (+78.9%), from €4,601 to €8,231
- Gross operating margin -€23,384
down €23,384 (-64.5%), from €36,237 to €12,852
- Taxes -€17,746
down €17,746, from €8,006 to -€9,740
- Staff costs -€3,553
down €3,553 (-6.8%), from €52,070 to €48,518
- Depreciation -€1,856
down €1,856 (-16.7%), from €11,145 to €9,289
- Financial charges +€543
up €543 (+111%), from €492 to €1,035
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 | €172,923 | €134,736 | -€38,187 | -22.1% |
| Fixed assets | 21/28 | €8,488 | €11,069 | +€2,581 | +30.4% |
| Tangible fixed assets | 22/27 | €8,488 | €11,069 | +€2,581 | +30.4% |
| Plant, machinery and equipment | 23 | €97 | - | -€97 | |
| Furniture and vehicles | 24 | €8,391 | €11,069 | +€2,678 | +31.9% |
| Current assets | 29/58 | €164,436 | €123,667 | -€40,768 | -24.8% |
| Stocks and contracts in progress | 3 | €1,406 | €1,406 | = | 0.0% |
| Stocks | 30/36 | €1,406 | €1,406 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,509 | €66,266 | +€13,757 | +26.2% |
| Trade receivables | 40 | €13,503 | €25,272 | +€11,769 | +87.2% |
| Other amounts receivable | 41 | €39,006 | €40,995 | +€1,989 | +5.1% |
| Cash at bank and in hand | 54/58 | €104,500 | €49,493 | -€55,006 | -52.6% |
| Deferred charges and accrued income | 490/1 | €6,021 | €6,501 | +€481 | +8.0% |
| Total equity and liabilities | 10/49 | €172,923 | €134,736 | -€38,187 | -22.1% |
| Equity | 10/15 | €162,484 | €125,982 | -€36,502 | -22.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €89,860 | €89,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,000 | €88,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,024 | €17,522 | -€36,502 | -67.6% |
| Amounts payable | 17/49 | €10,439 | €8,754 | -€1,685 | -16.1% |
| Amounts payable within one year | 42/48 | €10,439 | €8,754 | -€1,685 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €5,315 | - | -€5,315 | |
| Trade debts | 44 | €4,601 | €8,231 | +€3,629 | +78.9% |
| Suppliers | 440/4 | €4,601 | €8,231 | +€3,629 | +78.9% |
| Taxes, remuneration and social security | 45 | €523 | €523 | +€0 | +0.1% |
| Remuneration and social security | 454/9 | €523 | €523 | +€0 | +0.1% |
| Remuneration, social security and pensions | 62 | €52,070 | €48,518 | -€3,553 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,145 | €9,289 | -€1,856 | -16.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €36,237 | €12,852 | -€23,384 | -64.5% |
| Operating profit (loss) | 9901 | -€27,366 | -€45,354 | -€17,989 | -65.7% |
| Financial income | 75/76B | €19 | €147 | +€128 | +676% |
| Recurring financial income | 75 | €19 | €147 | +€128 | +676% |
| Financial charges | 65/66B | €492 | €1,035 | +€543 | +111% |
| Recurring financial charges | 65 | €492 | €1,035 | +€543 | +111% |
| Profit (loss) for the period before taxes | 9903 | -€27,839 | -€46,242 | -€18,404 | -66.1% |
| Income taxes | 67/77 | €8,006 | -€9,740 | -€17,746 | |
| Profit (loss) for the period | 9904 | -€35,844 | -€36,502 | -€658 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,844 | -€36,502 | -€658 | -1.8% |
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 22 October 2026 via checked.be.