MEIVO: 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.
MEIVO
Largest movements
- Cash -€16,148
down €16,148 (-38.7%), from €41,761 to €25,614
mainly Net result for the year (-€14,913) and Other debts (-€1,723)
- Deferred charges and accrued income +€1,440
up €1,440 (+59.3%), from €2,428 to €3,869
- Receivables within one year +€1,298
up €1,298 (+4.9%), from €26,650 to €27,948
of which Other amounts receivable: +€1,300
- Tangible fixed assets -€1,293
down €1,293 (-35.9%), from €3,598 to €2,305
of which Plant, machinery and equipment: -€684
- Profit (loss) carried forward -€14,913
down €14,913 (-42.3%), from €35,248 to €20,334
- Tax, wage and social debts +€2,220
up €2,220 (+44.5%), from €4,985 to €7,206
- Other debts -€1,723
down €1,723 (-14.0%), from €12,269 to €10,546
- Gross operating margin -€24,121
down €24,121, from €14,228 to -€9,892
- Taxes -€1,993
down €1,993 (-85.0%), from €2,346 to €353
- Financial charges -€1,722
down €1,722 (-34.6%), from €4,971 to €3,249
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 | €74,588 | €59,735 | -€14,852 | -19.9% |
| Fixed assets | 21/28 | €3,748 | €2,305 | -€1,443 | -38.5% |
| Tangible fixed assets | 22/27 | €3,598 | €2,305 | -€1,293 | -35.9% |
| Plant, machinery and equipment | 23 | €2,559 | €1,875 | -€684 | -26.7% |
| Furniture and vehicles | 24 | €1,038 | €429 | -€609 | -58.7% |
| Financial fixed assets | 28 | €150 | €0 | -€150 | -100% |
| Current assets | 29/58 | €70,840 | €57,431 | -€13,409 | -18.9% |
| Amounts receivable within one year | 40/41 | €26,650 | €27,948 | +€1,298 | +4.9% |
| Trade receivables | 40 | €20,803 | €20,801 | -€2 | 0.0% |
| Other amounts receivable | 41 | €5,848 | €7,147 | +€1,300 | +22.2% |
| Cash at bank and in hand | 54/58 | €41,761 | €25,614 | -€16,148 | -38.7% |
| Deferred charges and accrued income | 490/1 | €2,428 | €3,869 | +€1,440 | +59.3% |
| Total equity and liabilities | 10/49 | €74,588 | €59,735 | -€14,852 | -19.9% |
| Equity | 10/15 | €53,848 | €38,934 | -€14,913 | -27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,248 | €20,334 | -€14,913 | -42.3% |
| Amounts payable | 17/49 | €20,740 | €20,801 | +€61 | +0.3% |
| Amounts payable within one year | 42/48 | €20,740 | €20,801 | +€61 | +0.3% |
| Financial debts | 43 | €86 | €59 | -€27 | -31.7% |
| Credit institutions | 430/8 | €86 | €59 | -€27 | -31.7% |
| Trade debts | 44 | €3,400 | €2,991 | -€408 | -12.0% |
| Suppliers | 440/4 | €3,400 | €2,991 | -€408 | -12.0% |
| Taxes, remuneration and social security | 45 | €4,985 | €7,206 | +€2,220 | +44.5% |
| Taxes | 450/3 | €4,985 | €7,206 | +€2,220 | +44.5% |
| Other amounts payable | 47/48 | €12,269 | €10,546 | -€1,723 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €1,293 | -€14 | -1.0% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €14,228 | -€9,892 | -€24,121 | |
| Operating profit (loss) | 9901 | €12,807 | -€11,311 | -€24,118 | |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €4,971 | €3,249 | -€1,722 | -34.6% |
| Recurring financial charges | 65 | €4,971 | €3,249 | -€1,722 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €7,849 | -€14,561 | -€22,410 | |
| Income taxes | 67/77 | €2,346 | €353 | -€1,993 | -85.0% |
| Profit (loss) for the period | 9904 | €5,503 | -€14,913 | -€20,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,503 | -€14,913 | -€20,416 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.