MeFisc: 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.
MeFisc
Largest movements
- Financial fixed assets +€112,656
new in 2024: €112,656
- Cash -€82,081
down €82,081 (-65.3%), from €125,729 to €43,648
mainly Investment in fixed assets (net) (-€120,156) and Receivables within one year (-€72,883)
- Receivables within one year +€72,883
up €72,883 (+355.1%), from €20,527 to €93,410
of which Other amounts receivable: +€70,160
- Tangible fixed assets +€6,165
new in 2024: €6,165
- Reserves +€66,485
up €66,485 (+75.1%), from €88,561 to €155,046
- Debts after one year +€49,813
new in 2024: €49,813
- Other debts -€18,479
down €18,479 (-100.0%), from €18,479 to €0
- Current portion of long-term debt +€16,636
new in 2024: €16,636
- Tax, wage and social debts -€3,947
down €3,947 (-11.3%), from €35,006 to €31,060
of which Taxes: -€2,083
- Gross operating margin +€31,908
up €31,908 (+50.4%), from €63,254 to €95,162
- Taxes +€10,619
up €10,619 (+78.3%), from €13,562 to €24,181
- Financial charges +€2,074
up €2,074 (+263.3%), from €788 to €2,862
- Depreciation +€1,335
new in 2024: €1,335
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,992 | €257,766 | +€108,774 | +73.0% |
| Fixed assets | 21/28 | - | €118,822 | +€118,822 | |
| Tangible fixed assets | 22/27 | - | €6,165 | +€6,165 | |
| Other tangible fixed assets | 26 | - | €6,165 | +€6,165 | |
| Financial fixed assets | 28 | - | €112,656 | +€112,656 | |
| Current assets | 29/58 | €148,992 | €138,944 | -€10,048 | -6.7% |
| Amounts receivable within one year | 40/41 | €20,527 | €93,410 | +€72,883 | +355.1% |
| Trade receivables | 40 | €20,527 | €23,250 | +€2,723 | +13.3% |
| Other amounts receivable | 41 | - | €70,160 | +€70,160 | |
| Cash at bank and in hand | 54/58 | €125,729 | €43,648 | -€82,081 | -65.3% |
| Deferred charges and accrued income | 490/1 | €2,736 | €1,886 | -€850 | -31.1% |
| Total equity and liabilities | 10/49 | €148,992 | €257,766 | +€108,774 | +73.0% |
| Equity | 10/15 | €93,561 | €160,046 | +€66,485 | +71.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,561 | €155,046 | +€66,485 | +75.1% |
| Distributable reserves | 133 | €88,561 | €155,046 | +€66,485 | +75.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €55,431 | €97,720 | +€42,289 | +76.3% |
| Amounts payable after more than one year | 17 | - | €49,813 | +€49,813 | |
| Financial debts | 170/4 | - | €49,813 | +€49,813 | |
| Amounts payable within one year | 42/48 | €54,424 | €47,696 | -€6,729 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | - | €16,636 | +€16,636 | |
| Trade debts | 44 | €940 | €0 | -€940 | -100.0% |
| Suppliers | 440/4 | €940 | €0 | -€940 | -100.0% |
| Taxes, remuneration and social security | 45 | €35,006 | €31,060 | -€3,947 | -11.3% |
| Taxes | 450/3 | €33,143 | €31,060 | -€2,083 | -6.3% |
| Remuneration and social security | 454/9 | €1,863 | €0 | -€1,863 | -100.0% |
| Other amounts payable | 47/48 | €18,479 | €0 | -€18,479 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,006 | €211 | -€795 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,335 | +€1,335 | |
| Other operating charges | 640/8 | €400 | €785 | +€385 | +96.2% |
| Gross operating margin | 9900 | €63,254 | €95,162 | +€31,908 | +50.4% |
| Operating profit (loss) | 9901 | €62,853 | €93,042 | +€30,188 | +48.0% |
| Financial income | 75/76B | - | €486 | +€486 | |
| Recurring financial income | 75 | - | €486 | +€486 | |
| Financial charges | 65/66B | €788 | €2,862 | +€2,074 | +263.3% |
| Recurring financial charges | 65 | €788 | €2,862 | +€2,074 | +263.3% |
| Profit (loss) for the period before taxes | 9903 | €62,066 | €90,665 | +€28,600 | +46.1% |
| Income taxes | 67/77 | €13,562 | €24,181 | +€10,619 | +78.3% |
| Profit (loss) for the period | 9904 | €48,504 | €66,485 | +€17,981 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,504 | €66,485 | +€17,981 | +37.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.