MEEVA: 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.
MEEVA
Largest movements
- Tangible fixed assets -€76,349
no longer reported in 2025 (was €76,349)
of which Other tangible fixed assets: -€67,946
- Receivables within one year -€27,260
down €27,260 (-33.9%), from €80,432 to €53,173
of which Trade receivables: -€61,122
- Stocks and contracts -€10,573
no longer reported in 2025 (was €10,573)
- Cash -€9,878
down €9,878 (-90.5%), from €10,915 to €1,038
mainly Trade debts (-€94,018) and Net result for the year (-€34,056)
- Deferred charges and accrued income -€3,649
no longer reported in 2025 (was €3,649)
- Trade debts -€94,018
down €94,018 (-61.9%), from €151,826 to €57,808
- Profit (loss) carried forward -€34,056
down €34,056 (-93.1%), from -€36,561 to -€70,618
- Other debts +€24,901
new in 2025: €24,901
- Tax, wage and social debts -€16,452
down €16,452 (-79.0%), from €20,837 to €4,385
of which Taxes: -€13,055
- Debts after one year -€12,411
down €12,411 (-79.8%), from €15,553 to €3,141
- Gross operating margin -€86,962
down €86,962, from €77,310 to -€9,652
- Staff costs -€77,750
down €77,750 (-79.5%), from €97,836 to €20,086
- Depreciation -€13,103
no longer reported in 2025 (was €13,103)
- Other operating charges -€2,258
down €2,258 (-67.1%), from €3,366 to €1,108
- Financial charges -€1,304
down €1,304 (-40.2%), from €3,241 to €1,937
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 | €183,826 | €54,210 | -€129,616 | -70.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €78,257 | - | -€78,257 | |
| Intangible fixed assets | 21 | €1,158 | - | -€1,158 | |
| Tangible fixed assets | 22/27 | €76,349 | - | -€76,349 | |
| Plant, machinery and equipment | 23 | €8,402 | - | -€8,402 | |
| Other tangible fixed assets | 26 | €67,946 | - | -€67,946 | |
| Financial fixed assets | 28 | €750 | - | -€750 | |
| Current assets | 29/58 | €105,569 | €54,210 | -€51,359 | -48.6% |
| Stocks and contracts in progress | 3 | €10,573 | - | -€10,573 | |
| Stocks | 30/36 | €10,573 | - | -€10,573 | |
| Amounts receivable within one year | 40/41 | €80,432 | €53,173 | -€27,260 | -33.9% |
| Trade receivables | 40 | €64,436 | €3,314 | -€61,122 | -94.9% |
| Other amounts receivable | 41 | €15,996 | €49,859 | +€33,862 | +211.7% |
| Cash at bank and in hand | 54/58 | €10,915 | €1,038 | -€9,878 | -90.5% |
| Deferred charges and accrued income | 490/1 | €3,649 | - | -€3,649 | |
| Total equity and liabilities | 10/49 | €183,826 | €54,210 | -€129,616 | -70.5% |
| Equity | 10/15 | -€16,561 | -€50,618 | -€34,056 | -205.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,561 | -€70,618 | -€34,056 | -93.1% |
| Amounts payable | 17/49 | €200,387 | €104,828 | -€95,559 | -47.7% |
| Amounts payable after more than one year | 17 | €15,553 | €3,141 | -€12,411 | -79.8% |
| Financial debts | 170/4 | €15,553 | €3,141 | -€12,411 | -79.8% |
| Amounts payable within one year | 42/48 | €184,835 | €101,687 | -€83,148 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €12,172 | €12,411 | +€239 | +2.0% |
| Financial debts | 43 | - | €2,181 | +€2,181 | |
| Credit institutions | 430/8 | - | €2,181 | +€2,181 | |
| Trade debts | 44 | €151,826 | €57,808 | -€94,018 | -61.9% |
| Suppliers | 440/4 | €151,826 | €57,808 | -€94,018 | -61.9% |
| Taxes, remuneration and social security | 45 | €20,837 | €4,385 | -€16,452 | -79.0% |
| Taxes | 450/3 | €15,929 | €2,874 | -€13,055 | -82.0% |
| Remuneration and social security | 454/9 | €4,908 | €1,511 | -€3,397 | -69.2% |
| Other amounts payable | 47/48 | - | €24,901 | +€24,901 | |
| Remuneration, social security and pensions | 62 | €97,836 | €20,086 | -€77,750 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,103 | - | -€13,103 | |
| Other operating charges | 640/8 | €3,366 | €1,108 | -€2,258 | -67.1% |
| Non-recurring operating charges | 66A | - | €1,273 | +€1,273 | |
| Gross operating margin | 9900 | €77,310 | -€9,652 | -€86,962 | |
| Operating profit (loss) | 9901 | -€36,996 | -€32,120 | +€4,876 | +13.2% |
| Financial income | 75/76B | €66 | - | -€66 | |
| Recurring financial income | 75 | €66 | - | -€66 | |
| Financial charges | 65/66B | €3,241 | €1,937 | -€1,304 | -40.2% |
| Recurring financial charges | 65 | €3,241 | €1,937 | -€1,304 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,170 | -€34,056 | +€6,113 | +15.2% |
| Profit (loss) for the period | 9904 | -€40,170 | -€34,056 | +€6,113 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,170 | -€34,056 | +€6,113 | +15.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.