MEG Consult: 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.
MEG Consult
Largest movements
- Cash +€96,120
up €96,120 (+24.6%), from €391,385 to €487,505
mainly Net result for the year (+€394,743) and Other debts (+€232,152)
- Current investments -€17,770
down €17,770 (-3.4%), from €526,734 to €508,965
- Receivables within one year -€11,229
down €11,229 (-18.0%), from €62,431 to €51,202
of which Other amounts receivable: -€11,008
- Other debts +€232,152
up €232,152 (+218.2%), from €106,400 to €338,552
- Reserves -€200,117
down €200,117 (-25.0%), from €801,359 to €601,241
- Tax, wage and social debts +€34,161
up €34,161 (+49.7%), from €68,681 to €102,842
- Gross operating margin +€107,724
up €107,724 (+23.2%), from €464,253 to €571,978
- Taxes +€48,720
up €48,720 (+36.7%), from €132,594 to €181,313
- Financial income +€6,560
up €6,560 (+675.7%), from €971 to €7,531
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 | €986,800 | €1,051,839 | +€65,039 | +6.6% |
| Fixed assets | 21/28 | €3,941 | €2,143 | -€1,799 | -45.6% |
| Tangible fixed assets | 22/27 | €3,941 | €2,143 | -€1,799 | -45.6% |
| Furniture and vehicles | 24 | €3,941 | €2,143 | -€1,799 | -45.6% |
| Current assets | 29/58 | €982,859 | €1,049,697 | +€66,838 | +6.8% |
| Amounts receivable within one year | 40/41 | €62,431 | €51,202 | -€11,229 | -18.0% |
| Trade receivables | 40 | €221 | - | -€221 | |
| Other amounts receivable | 41 | €62,210 | €51,202 | -€11,008 | -17.7% |
| Current investments | 50/53 | €526,734 | €508,965 | -€17,770 | -3.4% |
| Cash at bank and in hand | 54/58 | €391,385 | €487,505 | +€96,120 | +24.6% |
| Deferred charges and accrued income | 490/1 | €2,308 | €2,024 | -€284 | -12.3% |
| Total equity and liabilities | 10/49 | €986,800 | €1,051,839 | +€65,039 | +6.6% |
| Equity | 10/15 | €809,419 | €609,301 | -€200,117 | -24.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €801,359 | €601,241 | -€200,117 | -25.0% |
| Distributable reserves | 133 | €801,359 | €601,241 | -€200,117 | -25.0% |
| Amounts payable | 17/49 | €177,382 | €442,538 | +€265,156 | +149.5% |
| Amounts payable within one year | 42/48 | €177,382 | €442,538 | +€265,156 | +149.5% |
| Trade debts | 44 | €2,301 | €1,143 | -€1,157 | -50.3% |
| Suppliers | 440/4 | €2,301 | €1,143 | -€1,157 | -50.3% |
| Taxes, remuneration and social security | 45 | €68,681 | €102,842 | +€34,161 | +49.7% |
| Taxes | 450/3 | €68,681 | €102,842 | +€34,161 | +49.7% |
| Other amounts payable | 47/48 | €106,400 | €338,552 | +€232,152 | +218.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,016 | €1,799 | -€218 | -10.8% |
| Other operating charges | 640/8 | €1,375 | €1,542 | +€166 | +12.1% |
| Gross operating margin | 9900 | €464,253 | €571,978 | +€107,724 | +23.2% |
| Operating profit (loss) | 9901 | €460,862 | €568,637 | +€107,776 | +23.4% |
| Financial income | 75/76B | €971 | €7,531 | +€6,560 | +675.7% |
| Recurring financial income | 75 | €971 | €7,531 | +€6,560 | +675.7% |
| Financial charges | 65/66B | €116 | €112 | -€5 | -4.0% |
| Recurring financial charges | 65 | €116 | €112 | -€5 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €461,716 | €576,056 | +€114,340 | +24.8% |
| Income taxes | 67/77 | €132,594 | €181,313 | +€48,720 | +36.7% |
| Profit (loss) for the period | 9904 | €329,122 | €394,743 | +€65,621 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €329,122 | €394,743 | +€65,621 | +19.9% |
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 9 October 2026 via checked.be.