MEEDIO: 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.
MEEDIO
Largest movements
- Tangible fixed assets +€933,225
up €933,225 (+15.9%), from €5.9m to €6.8m
of which Land and buildings: +€954,996
- Cash +€605,841
up €605,841 (+1062.3%), from €57,029 to €662,870
mainly Receivables within one year (+€556,801) and Current investments (+€513,671)
- Receivables within one year -€556,801
down €556,801 (-92.6%), from €601,078 to €44,277
of which Other amounts receivable: -€510,729
- Current investments -€513,671
down €513,671 (-31.8%), from €1.6m to €1.1m
- Receivables after one year -€102,000
down €102,000 (-100.0%), from €102,000 to €0
- Debts after one year +€278,824
up €278,824 (+9.3%), from €3.0m to €3.3m
- Financial income +€113,919
up €113,919 (+697.4%), from €16,334 to €130,253
of which Financial income: +€113,919
- Financial charges -€75,117
down €75,117 (-27.6%), from €272,364 to €197,248
- Gross operating margin +€54,412
up €54,412 (+14.3%), from €379,398 to €433,810
- Other operating charges +€38,628
up €38,628 (+396.2%), from €9,749 to €48,377
- Depreciation +€33,829
up €33,829 (+19.0%), from €178,183 to €212,012
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,263,142 | €8,629,060 | +€365,918 | +4.4% |
| Fixed assets | 21/28 | €5,883,677 | €6,816,902 | +€933,225 | +15.9% |
| Tangible fixed assets | 22/27 | €5,883,677 | €6,816,902 | +€933,225 | +15.9% |
| Land and buildings | 22 | €5,742,804 | €6,697,801 | +€954,996 | +16.6% |
| Furniture and vehicles | 24 | €9,108 | €11,537 | +€2,428 | +26.7% |
| Other tangible fixed assets | 26 | €131,764 | €107,564 | -€24,200 | -18.4% |
| Current assets | 29/58 | €2,379,465 | €1,812,158 | -€567,307 | -23.8% |
| Amounts receivable after more than one year | 29 | €102,000 | €0 | -€102,000 | -100.0% |
| Other amounts receivable | 291 | €102,000 | €0 | -€102,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €601,078 | €44,277 | -€556,801 | -92.6% |
| Trade receivables | 40 | €86,660 | €40,589 | -€46,072 | -53.2% |
| Other amounts receivable | 41 | €514,418 | €3,688 | -€510,729 | -99.3% |
| Current investments | 50/53 | €1,615,915 | €1,102,244 | -€513,671 | -31.8% |
| Cash at bank and in hand | 54/58 | €57,029 | €662,870 | +€605,841 | +1062.3% |
| Deferred charges and accrued income | 490/1 | €3,442 | €2,767 | -€676 | -19.6% |
| Total equity and liabilities | 10/49 | €8,263,142 | €8,629,060 | +€365,918 | +4.4% |
| Equity | 10/15 | €2,212,360 | €2,245,659 | +€33,299 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,193,760 | €2,227,059 | +€33,299 | +1.5% |
| Tax-exempt reserves | 132 | €100,098 | €100,098 | = | 0.0% |
| Distributable reserves | 133 | €2,093,662 | €2,126,961 | +€33,299 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,050,782 | €6,383,401 | +€332,619 | +5.5% |
| Amounts payable after more than one year | 17 | €2,982,252 | €3,261,076 | +€278,824 | +9.3% |
| Financial debts | 170/4 | €2,982,252 | €3,261,076 | +€278,824 | +9.3% |
| Amounts payable within one year | 42/48 | €2,843,550 | €2,979,861 | +€136,312 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €249,437 | €284,136 | +€34,698 | +13.9% |
| Trade debts | 44 | €5,321 | €2,895 | -€2,426 | -45.6% |
| Suppliers | 440/4 | €5,321 | €2,895 | -€2,426 | -45.6% |
| Taxes, remuneration and social security | 45 | €9,151 | €37,343 | +€28,191 | +308.1% |
| Taxes | 450/3 | €2,648 | €22,957 | +€20,309 | +766.8% |
| Remuneration and social security | 454/9 | €6,503 | €14,385 | +€7,882 | +121.2% |
| Other amounts payable | 47/48 | €2,579,640 | €2,655,489 | +€75,849 | +2.9% |
| Accrued charges and deferred income | 492/3 | €224,980 | €142,464 | -€82,517 | -36.7% |
| Remuneration, social security and pensions | 62 | €56,572 | €63,996 | +€7,424 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,183 | €212,012 | +€33,829 | +19.0% |
| Other operating charges | 640/8 | €9,749 | €48,377 | +€38,628 | +396.2% |
| Gross operating margin | 9900 | €379,398 | €433,810 | +€54,412 | +14.3% |
| Operating profit (loss) | 9901 | €134,895 | €109,425 | -€25,470 | -18.9% |
| Financial income | 75/76B | €16,334 | €130,253 | +€113,919 | +697.4% |
| Recurring financial income | 75 | €16,334 | €130,253 | +€113,919 | +697.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €272,364 | €197,248 | -€75,117 | -27.6% |
| Recurring financial charges | 65 | €272,364 | €197,248 | -€75,117 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€121,136 | €42,430 | +€163,566 | |
| Income taxes | 67/77 | €32 | €9,131 | +€9,099 | +28595.8% |
| Profit (loss) for the period | 9904 | -€121,167 | €33,299 | +€154,467 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€121,167 | €33,299 | +€154,467 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.