MEFI: 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.
MEFI
Largest movements
- Cash -€2,549
down €2,549 (-35.9%), from €7,102 to €4,552
mainly Net result for the year (-€2,396) and Tax, wage and social debts (-€629)
- Receivables within one year -€358
down €358 (-91.3%), from €391 to €34
- Profit (loss) carried forward -€2,396
down €2,396 (-68.2%), from €3,515 to €1,118
- Tax, wage and social debts -€629
down €629 (-100.0%), from €629 to €0
- Trade debts +€118
new in 2025: €118
- Gross operating margin -€5,228
down €5,228, from €3,426 to -€1,802
- Taxes -€629
down €629 (-100.0%), from €629 to €0
- Other operating charges +€317
up €317 (+155.9%), from €203 to €520
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 | €7,493 | €4,586 | -€2,907 | -38.8% |
| Current assets | 29/58 | €7,493 | €4,586 | -€2,907 | -38.8% |
| Amounts receivable within one year | 40/41 | €391 | €34 | -€358 | -91.3% |
| Other amounts receivable | 41 | €391 | €34 | -€358 | -91.3% |
| Cash at bank and in hand | 54/58 | €7,102 | €4,552 | -€2,549 | -35.9% |
| Total equity and liabilities | 10/49 | €7,493 | €4,586 | -€2,907 | -38.8% |
| Equity | 10/15 | €5,515 | €3,118 | -€2,396 | -43.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,515 | €1,118 | -€2,396 | -68.2% |
| Amounts payable | 17/49 | €1,979 | €1,468 | -€511 | -25.8% |
| Amounts payable within one year | 42/48 | €1,979 | €1,468 | -€511 | -25.8% |
| Trade debts | 44 | - | €118 | +€118 | |
| Suppliers | 440/4 | - | €118 | +€118 | |
| Taxes, remuneration and social security | 45 | €629 | €0 | -€629 | -100.0% |
| Taxes | 450/3 | €629 | €0 | -€629 | -100.0% |
| Other amounts payable | 47/48 | €1,350 | €1,350 | = | 0.0% |
| Other operating charges | 640/8 | €203 | €520 | +€317 | +155.9% |
| Gross operating margin | 9900 | €3,426 | -€1,802 | -€5,228 | |
| Operating profit (loss) | 9901 | €3,223 | -€2,322 | -€5,545 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €80 | €82 | +€2 | +1.9% |
| Recurring financial charges | 65 | €80 | €82 | +€2 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €3,143 | -€2,396 | -€5,539 | |
| Income taxes | 67/77 | €629 | €0 | -€629 | -100.0% |
| Profit (loss) for the period | 9904 | €2,515 | -€2,396 | -€4,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,515 | -€2,396 | -€4,911 |
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 10 October 2026 via checked.be.