MEECO GROEP: what changed
MEECO GROEP
Largest movements
- Cash -€163,119
down €163,119 (-65.4%), from €249,395 to €86,276
mainly Receivables within one year (-€156,951) and Trade debts (-€38,402)
- Receivables within one year +€156,951
up €156,951 (+1,144%), from €13,721 to €170,672
of which Other amounts receivable: +€155,963
- Financial fixed assets +€2,950
new in 2025: €2,950
- Profit (loss) carried forward +€58,775
up €58,775 (+142%), from €41,522 to €100,297
- Trade debts -€38,402
down €38,402 (-52.4%), from €73,318 to €34,916
- Other debts -€27,838
no longer reported in 2025 (was €27,838)
- Tax, wage and social debts +€4,426
up €4,426 (+6.9%), from €64,462 to €68,887
of which Remuneration and social security: +€9,536
- Gross operating margin +€66,836
up €66,836 (+39.4%), from €169,704 to €236,540
- Staff costs +€25,433
up €25,433 (+23.2%), from €109,510 to €134,943
- Financial charges +€16,593
up €16,593 (+1,249%), from €1,329 to €17,922
- Taxes +€8,764
up €8,764 (+55.4%), from €15,817 to €24,582
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,790 | €271,750 | -€3,040 | -1.1% |
| Fixed assets | 21/28 | €753 | €2,950 | +€2,197 | +292% |
| Tangible fixed assets | 22/27 | €753 | - | -€753 | |
| Furniture and vehicles | 24 | €753 | - | -€753 | |
| Financial fixed assets | 28 | - | €2,950 | +€2,950 | |
| Current assets | 29/58 | €274,037 | €268,800 | -€5,236 | -1.9% |
| Amounts receivable within one year | 40/41 | €13,721 | €170,672 | +€156,951 | +1,144% |
| Trade receivables | 40 | €13,721 | €14,709 | +€988 | +7.2% |
| Other amounts receivable | 41 | - | €155,963 | +€155,963 | |
| Cash at bank and in hand | 54/58 | €249,395 | €86,276 | -€163,119 | -65.4% |
| Deferred charges and accrued income | 490/1 | €10,920 | €11,852 | +€932 | +8.5% |
| Total equity and liabilities | 10/49 | €274,790 | €271,750 | -€3,040 | -1.1% |
| Equity | 10/15 | €109,172 | €167,947 | +€58,775 | +53.8% |
| 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 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,522 | €100,297 | +€58,775 | +142% |
| Amounts payable | 17/49 | €165,618 | €103,803 | -€61,814 | -37.3% |
| Amounts payable within one year | 42/48 | €165,618 | €103,803 | -€61,814 | -37.3% |
| Trade debts | 44 | €73,318 | €34,916 | -€38,402 | -52.4% |
| Suppliers | 440/4 | €73,318 | €34,916 | -€38,402 | -52.4% |
| Taxes, remuneration and social security | 45 | €64,462 | €68,887 | +€4,426 | +6.9% |
| Taxes | 450/3 | €48,595 | €43,484 | -€5,111 | -10.5% |
| Remuneration and social security | 454/9 | €15,867 | €25,403 | +€9,536 | +60.1% |
| Other amounts payable | 47/48 | €27,838 | - | -€27,838 | |
| Remuneration, social security and pensions | 62 | €109,510 | €134,943 | +€25,433 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €753 | -€77 | -9.3% |
| Other operating charges | 640/8 | €272 | - | -€272 | |
| Gross operating margin | 9900 | €169,704 | €236,540 | +€66,836 | +39.4% |
| Operating profit (loss) | 9901 | €59,091 | €100,844 | +€41,753 | +70.7% |
| Financial income | 75/76B | - | €435 | +€435 | |
| Recurring financial income | 75 | - | €435 | +€435 | |
| Financial charges | 65/66B | €1,329 | €17,922 | +€16,593 | +1,249% |
| Recurring financial charges | 65 | €1,329 | €17,922 | +€16,593 | +1,249% |
| Profit (loss) for the period before taxes | 9903 | €57,762 | €83,357 | +€25,595 | +44.3% |
| Income taxes | 67/77 | €15,817 | €24,582 | +€8,764 | +55.4% |
| Profit (loss) for the period | 9904 | €41,944 | €58,775 | +€16,830 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,944 | €58,775 | +€16,830 | +40.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.