MEG SOINS: 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 SOINS
Largest movements
- Cash +€65,886
up €65,886 (+144%), from €45,875 to €111,761
mainly Net result for the year (+€61,250) and Receivables within one year (+€3,442)
- Receivables within one year -€3,442
down €3,442 (-26.7%), from €12,912 to €9,470
- Profit (loss) carried forward +€61,250
up €61,250 (+127%), from €48,352 to €109,602
- Tax, wage and social debts +€1,904
up €1,904 (+18.1%), from €10,547 to €12,451
- Gross operating margin +€37,242
up €37,242 (+84.9%), from €43,887 to €81,129
- Taxes +€7,444
up €7,444 (+82.7%), from €9,002 to €16,446
- Depreciation +€1,255
up €1,255 (+77.5%), from €1,620 to €2,875
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.
Derived cash bridge
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 | €64,900 | €127,384 | +€62,484 | +96.3% |
| Fixed assets | 21/28 | €6,050 | €6,153 | +€103 | +1.7% |
| Tangible fixed assets | 22/27 | €6,050 | €6,153 | +€103 | +1.7% |
| Plant, machinery and equipment | 23 | €2,508 | €1,683 | -€826 | -32.9% |
| Furniture and vehicles | 24 | €3,542 | €4,470 | +€929 | +26.2% |
| Current assets | 29/58 | €58,850 | €121,231 | +€62,381 | +106% |
| Amounts receivable within one year | 40/41 | €12,912 | €9,470 | -€3,442 | -26.7% |
| Trade receivables | 40 | €12,912 | €9,470 | -€3,442 | -26.7% |
| Cash at bank and in hand | 54/58 | €45,875 | €111,761 | +€65,886 | +144% |
| Deferred charges and accrued income | 490/1 | €63 | - | -€63 | |
| Total equity and liabilities | 10/49 | €64,900 | €127,384 | +€62,484 | +96.3% |
| Equity | 10/15 | €50,352 | €111,602 | +€61,250 | +122% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,352 | €109,602 | +€61,250 | +127% |
| Amounts payable | 17/49 | €14,548 | €15,782 | +€1,234 | +8.5% |
| Amounts payable within one year | 42/48 | €14,548 | €15,782 | +€1,234 | +8.5% |
| Trade debts | 44 | €861 | €863 | +€2 | +0.3% |
| Suppliers | 440/4 | €861 | €863 | +€2 | +0.3% |
| Taxes, remuneration and social security | 45 | €10,547 | €12,451 | +€1,904 | +18.1% |
| Taxes | 450/3 | €10,547 | €12,451 | +€1,904 | +18.1% |
| Other amounts payable | 47/48 | €3,140 | €2,468 | -€673 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €2,875 | +€1,255 | +77.5% |
| Other operating charges | 640/8 | €931 | €501 | -€430 | -46.2% |
| Gross operating margin | 9900 | €43,887 | €81,129 | +€37,242 | +84.9% |
| Operating profit (loss) | 9901 | €41,337 | €77,754 | +€36,417 | +88.1% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €68 | €61 | -€7 | -10.9% |
| Recurring financial charges | 65 | €68 | €61 | -€7 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €41,269 | €77,696 | +€36,428 | +88.3% |
| Income taxes | 67/77 | €9,002 | €16,446 | +€7,444 | +82.7% |
| Profit (loss) for the period | 9904 | €32,267 | €61,250 | +€28,984 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,267 | €61,250 | +€28,984 | +89.8% |
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 17 October 2026 via checked.be.