MEILI: 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.
MEILI
Largest movements
- Current investments +€220,000
up €220,000 (+62.9%), from €350,000 to €570,000
- Tangible fixed assets -€52,702
down €52,702 (-24.4%), from €216,179 to €163,476
- Cash -€14,409
down €14,409 (-26.1%), from €55,259 to €40,851
mainly Current investments (-€220,000) and Other debts (-€1,830)
- Reserves +€103,770
up €103,770 (+28.2%), from €368,153 to €471,923
of which Distributable reserves: +€103,770
- Tax, wage and social debts +€51,434
up €51,434 (+149%), from €34,629 to €86,063
- Gross operating margin -€341,364
down €341,364 (-64.7%), from €527,980 to €186,616
- Taxes -€102,205
down €102,205 (-66.3%), from €154,134 to €51,929
- Financial charges -€6,513
down €6,513 (-92.0%), from €7,082 to €569
of which Non-recurring financial charges: -€6,720
- Depreciation -€5,470
down €5,470 (-22.9%), from €23,851 to €18,381
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 | €629,070 | €782,081 | +€153,011 | +24.3% |
| Fixed assets | 21/28 | €216,179 | €163,476 | -€52,702 | -24.4% |
| Tangible fixed assets | 22/27 | €216,179 | €163,476 | -€52,702 | -24.4% |
| Land and buildings | 22 | €216,179 | €163,476 | -€52,702 | -24.4% |
| Current assets | 29/58 | €412,892 | €618,605 | +€205,713 | +49.8% |
| Amounts receivable within one year | 40/41 | €7,632 | €7,754 | +€122 | +1.6% |
| Trade receivables | 40 | €7,632 | €7,754 | +€122 | +1.6% |
| Current investments | 50/53 | €350,000 | €570,000 | +€220,000 | +62.9% |
| Cash at bank and in hand | 54/58 | €55,259 | €40,851 | -€14,409 | -26.1% |
| Total equity and liabilities | 10/49 | €629,070 | €782,081 | +€153,011 | +24.3% |
| Equity | 10/15 | €545,632 | €649,402 | +€103,770 | +19.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €368,153 | €471,923 | +€103,770 | +28.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €361,955 | €465,725 | +€103,770 | +28.7% |
| Profit (loss) carried forward | 14 | €115,506 | €115,506 | = | 0.0% |
| Amounts payable | 17/49 | €83,438 | €132,679 | +€49,241 | +59.0% |
| Amounts payable within one year | 42/48 | €83,438 | €132,679 | +€49,241 | +59.0% |
| Trade debts | 44 | €5,440 | €5,077 | -€362 | -6.7% |
| Suppliers | 440/4 | €5,440 | €5,077 | -€362 | -6.7% |
| Taxes, remuneration and social security | 45 | €34,629 | €86,063 | +€51,434 | +149% |
| Taxes | 450/3 | €34,629 | €86,063 | +€51,434 | +149% |
| Other amounts payable | 47/48 | €43,369 | €41,539 | -€1,830 | -4.2% |
| Non-recurring operating income | 76A | €459,239 | €120,678 | -€338,561 | -73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,851 | €18,381 | -€5,470 | -22.9% |
| Other operating charges | 640/8 | €12,641 | €11,967 | -€674 | -5.3% |
| Gross operating margin | 9900 | €527,980 | €186,616 | -€341,364 | -64.7% |
| Operating profit (loss) | 9901 | €491,488 | €156,268 | -€335,220 | -68.2% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €7,082 | €569 | -€6,513 | -92.0% |
| Recurring financial charges | 65 | €362 | €569 | +€207 | +57.0% |
| Non-recurring financial charges | 66B | €6,720 | - | -€6,720 | |
| Profit (loss) for the period before taxes | 9903 | €484,420 | €155,699 | -€328,721 | -67.9% |
| Income taxes | 67/77 | €154,134 | €51,929 | -€102,205 | -66.3% |
| Profit (loss) for the period | 9904 | €330,287 | €103,770 | -€226,517 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €330,287 | €103,770 | -€226,517 | -68.6% |
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 15 October 2026 via checked.be.