MEJ: 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.
MEJ
Largest movements
- Receivables within one year +€13,295
up €13,295 (+480.0%), from €2,770 to €16,064
of which Other amounts receivable: +€13,491
- Tangible fixed assets -€8,134
down €8,134 (-60.0%), from €13,551 to €5,417
- Cash +€968
up €968 (+19.6%), from €4,928 to €5,896
mainly Depreciation (+€8,134) and Net result for the year (+€7,173)
- Deferred charges and accrued income -€831
down €831 (-100.0%), from €831 to €0
- Reserves +€7,000
new in 2025: €7,000
- Other debts -€2,879
no longer reported in 2025 (was €2,879)
- Trade debts +€772
up €772 (+325.6%), from €237 to €1,009
- Gross operating margin +€11,118
up €11,118 (+124.6%), from €8,924 to €20,042
- Taxes +€2,567
up €2,567 (+760.0%), from €338 to €2,905
- Depreciation +€2,056
up €2,056 (+33.8%), from €6,078 to €8,134
- Financial charges +€916
up €916 (+1096.9%), from €84 to €1,000
- Financial income +€411
up €411 (+1369366.7%), from €0 to €411
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 | €22,079 | €27,377 | +€5,298 | +24.0% |
| Fixed assets | 21/28 | €13,551 | €5,417 | -€8,134 | -60.0% |
| Tangible fixed assets | 22/27 | €13,551 | €5,417 | -€8,134 | -60.0% |
| Furniture and vehicles | 24 | €13,551 | €5,417 | -€8,134 | -60.0% |
| Current assets | 29/58 | €8,528 | €21,960 | +€13,432 | +157.5% |
| Amounts receivable within one year | 40/41 | €2,770 | €16,064 | +€13,295 | +480.0% |
| Trade receivables | 40 | €197 | €0 | -€197 | -100.0% |
| Other amounts receivable | 41 | €2,573 | €16,064 | +€13,491 | +524.4% |
| Cash at bank and in hand | 54/58 | €4,928 | €5,896 | +€968 | +19.6% |
| Deferred charges and accrued income | 490/1 | €831 | €0 | -€831 | -100.0% |
| Total equity and liabilities | 10/49 | €22,079 | €27,377 | +€5,298 | +24.0% |
| Equity | 10/15 | €14,226 | €21,399 | +€7,173 | +50.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Other | 1109/19 | - | €2,500 | +€2,500 | |
| Reserves | 13 | - | €7,000 | +€7,000 | |
| Distributable reserves | 133 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | €11,726 | €11,899 | +€173 | +1.5% |
| Amounts payable | 17/49 | €7,853 | €5,978 | -€1,875 | -23.9% |
| Amounts payable within one year | 42/48 | €7,853 | €5,723 | -€2,130 | -27.1% |
| Financial debts | 43 | €8 | €8 | = | 0.0% |
| Credit institutions | 430/8 | €8 | €8 | = | 0.0% |
| Trade debts | 44 | €237 | €1,009 | +€772 | +325.6% |
| Suppliers | 440/4 | €237 | €1,009 | +€772 | +325.6% |
| Taxes, remuneration and social security | 45 | €4,729 | €4,706 | -€23 | -0.5% |
| Taxes | 450/3 | €4,729 | €4,706 | -€23 | -0.5% |
| Other amounts payable | 47/48 | €2,879 | - | -€2,879 | |
| Accrued charges and deferred income | 492/3 | - | €255 | +€255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,078 | €8,134 | +€2,056 | +33.8% |
| Other operating charges | 640/8 | €1,559 | €1,241 | -€318 | -20.4% |
| Gross operating margin | 9900 | €8,924 | €20,042 | +€11,118 | +124.6% |
| Operating profit (loss) | 9901 | €1,287 | €10,666 | +€9,380 | +729.1% |
| Financial income | 75/76B | €0 | €411 | +€411 | +1369366.7% |
| Recurring financial income | 75 | €0 | €411 | +€411 | +1369366.7% |
| Financial charges | 65/66B | €84 | €1,000 | +€916 | +1096.9% |
| Recurring financial charges | 65 | €84 | €1,000 | +€916 | +1096.9% |
| Profit (loss) for the period before taxes | 9903 | €1,203 | €10,078 | +€8,875 | +737.7% |
| Income taxes | 67/77 | €338 | €2,905 | +€2,567 | +760.0% |
| Profit (loss) for the period | 9904 | €865 | €7,173 | +€6,307 | +728.9% |
| Profit (loss) for the period to be appropriated | 9905 | €865 | €7,173 | +€6,307 | +728.9% |
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.