MEHINBASIC: 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.
MEHINBASIC
Largest movements
- Cash -€3,043
down €3,043 (-26.4%), from €11,522 to €8,479
mainly Tax, wage and social debts (-€14,329) and Receivables within one year (-€2,650)
- Receivables within one year +€2,650
up €2,650 (+61.3%), from €4,320 to €6,970
- Formation expenses -€417
down €417 (-35.5%), from €1,173 to €756
- Tangible fixed assets -€380
down €380 (-36.0%), from €1,056 to €676
- Tax, wage and social debts -€14,329
down €14,329 (-87.3%), from €16,410 to €2,081
of which Remuneration and social security: -€14,000
- Profit (loss) carried forward +€13,182
up €13,182, from -€10,691 to €2,491
- Gross operating margin +€11,225
up €11,225 (+266%), from €4,226 to €15,451
- Taxes +€1,000
new in 2025: €1,000
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 | €18,070 | €16,880 | -€1,190 | -6.6% |
| Formation expenses | 20 | €1,173 | €756 | -€417 | -35.5% |
| Fixed assets | 21/28 | €1,056 | €676 | -€380 | -36.0% |
| Tangible fixed assets | 22/27 | €1,056 | €676 | -€380 | -36.0% |
| Furniture and vehicles | 24 | €1,056 | €676 | -€380 | -36.0% |
| Current assets | 29/58 | €15,842 | €15,448 | -€394 | -2.5% |
| Amounts receivable within one year | 40/41 | €4,320 | €6,970 | +€2,650 | +61.3% |
| Trade receivables | 40 | €4,320 | €6,970 | +€2,650 | +61.3% |
| Cash at bank and in hand | 54/58 | €11,522 | €8,479 | -€3,043 | -26.4% |
| Total equity and liabilities | 10/49 | €18,070 | €16,880 | -€1,190 | -6.6% |
| Equity | 10/15 | -€691 | €12,491 | +€13,182 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,691 | €2,491 | +€13,182 | |
| Amounts payable | 17/49 | €18,761 | €4,389 | -€14,372 | -76.6% |
| Amounts payable within one year | 42/48 | €18,761 | €4,389 | -€14,372 | -76.6% |
| Trade debts | 44 | €53 | €149 | +€96 | +181% |
| Suppliers | 440/4 | €53 | €149 | +€96 | +181% |
| Taxes, remuneration and social security | 45 | €16,410 | €2,081 | -€14,329 | -87.3% |
| Taxes | 450/3 | €2,410 | €2,081 | -€329 | -13.6% |
| Remuneration and social security | 454/9 | €14,000 | - | -€14,000 | |
| Other amounts payable | 47/48 | €2,298 | €2,159 | -€139 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €797 | = | 0.0% |
| Other operating charges | 640/8 | €366 | €401 | +€36 | +9.8% |
| Gross operating margin | 9900 | €4,226 | €15,451 | +€11,225 | +266% |
| Operating profit (loss) | 9901 | €3,064 | €14,253 | +€11,189 | +365% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €69 | €73 | +€3 | +5.0% |
| Recurring financial charges | 65 | €69 | €73 | +€3 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €2,995 | €14,182 | +€11,187 | +374% |
| Income taxes | 67/77 | - | €1,000 | +€1,000 | |
| Profit (loss) for the period | 9904 | €2,995 | €13,182 | +€10,187 | +340% |
| Profit (loss) for the period to be appropriated | 9905 | €2,995 | €13,182 | +€10,187 | +340% |
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 14 October 2026 via checked.be.