MEI Doc: 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.
MEI Doc
Largest movements
- Cash -€453,447
down €453,447 (-75.4%), from €601,760 to €148,313
mainly Other debts (-€406,837) and Contributions, distributions and other (-€205,540)
- Current investments +€50,169
new in 2025: €50,169
- Tangible fixed assets +€41,722
up €41,722 (+459.6%), from €9,078 to €50,800
- Receivables within one year -€41,297
down €41,297 (-94.6%), from €43,645 to €2,348
of which Other amounts receivable: -€41,476
- Deferred charges and accrued income +€19,776
new in 2025: €19,776
- Other debts -€406,837
down €406,837 (-65.4%), from €621,905 to €215,068
- Tax, wage and social debts +€36,029
up €36,029 (+186.1%), from €19,360 to €55,388
of which Taxes: +€36,029
- Trade debts -€12,268
no longer reported in 2025 (was €12,268)
- Gross operating margin +€84,597
up €84,597 (+43.4%), from €195,016 to €279,614
- Taxes +€19,637
up €19,637 (+41.7%), from €47,129 to €66,766
- Financial income -€8,343
down €8,343 (-95.9%), from €8,697 to €354
- Depreciation +€5,599
up €5,599 (+418.4%), from €1,338 to €6,938
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 | €654,533 | €271,456 | -€383,076 | -58.5% |
| Fixed assets | 21/28 | €9,128 | €50,850 | +€41,722 | +457.1% |
| Tangible fixed assets | 22/27 | €9,078 | €50,800 | +€41,722 | +459.6% |
| Furniture and vehicles | 24 | €9,078 | €50,800 | +€41,722 | +459.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €645,405 | €220,606 | -€424,799 | -65.8% |
| Amounts receivable within one year | 40/41 | €43,645 | €2,348 | -€41,297 | -94.6% |
| Trade receivables | 40 | - | €179 | +€179 | |
| Other amounts receivable | 41 | €43,645 | €2,169 | -€41,476 | -95.0% |
| Current investments | 50/53 | - | €50,169 | +€50,169 | |
| Cash at bank and in hand | 54/58 | €601,760 | €148,313 | -€453,447 | -75.4% |
| Deferred charges and accrued income | 490/1 | - | €19,776 | +€19,776 | |
| Total equity and liabilities | 10/49 | €654,533 | €271,456 | -€383,076 | -58.5% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €653,533 | €270,456 | -€383,076 | -58.6% |
| Amounts payable within one year | 42/48 | €653,533 | €270,456 | -€383,076 | -58.6% |
| Trade debts | 44 | €12,268 | - | -€12,268 | |
| Suppliers | 440/4 | €12,268 | - | -€12,268 | |
| Taxes, remuneration and social security | 45 | €19,360 | €55,388 | +€36,029 | +186.1% |
| Taxes | 450/3 | €16,890 | €52,919 | +€36,029 | +213.3% |
| Remuneration and social security | 454/9 | €2,470 | €2,470 | = | 0.0% |
| Other amounts payable | 47/48 | €621,905 | €215,068 | -€406,837 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,338 | €6,938 | +€5,599 | +418.4% |
| Other operating charges | 640/8 | €571 | €574 | +€3 | +0.6% |
| Gross operating margin | 9900 | €195,016 | €279,614 | +€84,597 | +43.4% |
| Operating profit (loss) | 9901 | €193,107 | €272,101 | +€78,994 | +40.9% |
| Financial income | 75/76B | €8,697 | €354 | -€8,343 | -95.9% |
| Recurring financial income | 75 | €8,697 | €354 | -€8,343 | -95.9% |
| Financial charges | 65/66B | €130 | €150 | +€20 | +15.6% |
| Recurring financial charges | 65 | €130 | €150 | +€20 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €201,674 | €272,305 | +€70,631 | +35.0% |
| Income taxes | 67/77 | €47,129 | €66,766 | +€19,637 | +41.7% |
| Profit (loss) for the period | 9904 | €154,545 | €205,540 | +€50,994 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €154,545 | €205,540 | +€50,994 | +33.0% |
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 11 October 2026 via checked.be.