MEI: 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.
MEI
Largest movements
- Cash -€21,466
down €21,466 (-97.5%), from €22,026 to €560
mainly Contributions, distributions and other (-€25,000) and Net result for the year (-€19,188)
- Intangible fixed assets -€6,109
down €6,109 (-13.8%), from €44,214 to €38,105
- Receivables within one year +€3,326
up €3,326 (+6.8%), from €48,847 to €52,173
- Deferred charges and accrued income +€2,630
up €2,630 (+24.9%), from €10,556 to €13,186
- Tangible fixed assets +€1,456
up €1,456 (+118.8%), from €1,225 to €2,681
- Profit (loss) carried forward -€44,188
down €44,188 (-97.3%), from €45,421 to €1,233
- Other debts +€21,250
new in 2024: €21,250
- Debts after one year -€11,312
down €11,312 (-26.3%), from €43,016 to €31,703
- Trade debts +€9,701
up €9,701 (+230.0%), from €4,217 to €13,918
- Tax, wage and social debts +€3,764
up €3,764 (+1670.4%), from €225 to €3,989
- Gross operating margin -€19,659
down €19,659, from €11,867 to -€7,792
- Financial charges +€951
up €951 (+42.0%), from €2,266 to €3,217
- Taxes -€681
down €681 (-74.0%), from €920 to €239
- Other operating charges -€261
down €261 (-22.1%), from €1,184 to €923
- Depreciation +€184
up €184 (+2.9%), from €6,407 to €6,591
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 | €126,868 | €106,706 | -€20,163 | -15.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45,439 | €40,786 | -€4,653 | -10.2% |
| Intangible fixed assets | 21 | €44,214 | €38,105 | -€6,109 | -13.8% |
| Tangible fixed assets | 22/27 | €1,225 | €2,681 | +€1,456 | +118.8% |
| Furniture and vehicles | 24 | €1,225 | €2,681 | +€1,456 | +118.8% |
| Current assets | 29/58 | €81,429 | €65,919 | -€15,510 | -19.0% |
| Amounts receivable within one year | 40/41 | €48,847 | €52,173 | +€3,326 | +6.8% |
| Other amounts receivable | 41 | €48,847 | €52,173 | +€3,326 | +6.8% |
| Cash at bank and in hand | 54/58 | €22,026 | €560 | -€21,466 | -97.5% |
| Deferred charges and accrued income | 490/1 | €10,556 | €13,186 | +€2,630 | +24.9% |
| Total equity and liabilities | 10/49 | €126,868 | €106,706 | -€20,163 | -15.9% |
| Equity | 10/15 | €68,721 | €24,533 | -€44,188 | -64.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,300 | €20,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,421 | €1,233 | -€44,188 | -97.3% |
| Amounts payable | 17/49 | €58,147 | €82,173 | +€24,026 | +41.3% |
| Amounts payable after more than one year | 17 | €43,016 | €31,703 | -€11,312 | -26.3% |
| Financial debts | 170/4 | €43,016 | €31,703 | -€11,312 | -26.3% |
| Amounts payable within one year | 42/48 | €15,132 | €50,469 | +€35,338 | +233.5% |
| Current portion of amounts payable after more than one year | 42 | €10,689 | €11,312 | +€624 | +5.8% |
| Trade debts | 44 | €4,217 | €13,918 | +€9,701 | +230.0% |
| Suppliers | 440/4 | €4,217 | €13,918 | +€9,701 | +230.0% |
| Taxes, remuneration and social security | 45 | €225 | €3,989 | +€3,764 | +1670.4% |
| Taxes | 450/3 | €225 | €3,989 | +€3,764 | +1670.4% |
| Other amounts payable | 47/48 | - | €21,250 | +€21,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,407 | €6,591 | +€184 | +2.9% |
| Other operating charges | 640/8 | €1,184 | €923 | -€261 | -22.1% |
| Non-recurring operating charges | 66A | - | €430 | +€430 | |
| Gross operating margin | 9900 | €11,867 | -€7,792 | -€19,659 | |
| Operating profit (loss) | 9901 | €4,276 | -€15,736 | -€20,012 | |
| Financial income | 75/76B | €8 | €3 | -€5 | -60.2% |
| Recurring financial income | 75 | €8 | €3 | -€5 | -60.2% |
| Financial charges | 65/66B | €2,266 | €3,217 | +€951 | +42.0% |
| Recurring financial charges | 65 | €2,266 | €3,217 | +€951 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €2,018 | -€18,949 | -€20,967 | |
| Income taxes | 67/77 | €920 | €239 | -€681 | -74.0% |
| Profit (loss) for the period | 9904 | €1,098 | -€19,188 | -€20,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,098 | -€19,188 | -€20,286 |
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 29 September 2026 via checked.be.