MEJELO: 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.
MEJELO
Largest movements
- Cash +€84,017
up €84,017 (+156%), from €53,706 to €137,723
mainly Net result for the year (+€96,753) and Trade debts (+€35,241)
- Tangible fixed assets +€29,298
up €29,298 (+279%), from €10,488 to €39,786
- Receivables within one year +€8,874
up €8,874 (+44.1%), from €20,126 to €29,000
- Profit (loss) carried forward +€96,753
up €96,753 (+305%), from €31,678 to €128,431
- Trade debts +€35,241
up €35,241 (+28,761%), from €123 to €35,364
of which Bills of exchange payable: +€35,364
- Tax, wage and social debts -€4,502
down €4,502 (-15.2%), from €29,524 to €25,021
- Debts after one year -€3,432
no longer reported in 2025 (was €3,432)
- Gross operating margin +€16,973
up €16,973 (+15.4%), from €110,032 to €127,005
- Taxes -€4,914
down €4,914 (-18.5%), from €26,514 to €21,600
- Depreciation +€1,271
up €1,271 (+31.6%), from €4,021 to €5,292
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 | €126,358 | €249,064 | +€122,706 | +97.1% |
| Fixed assets | 21/28 | €10,488 | €39,786 | +€29,298 | +279% |
| Tangible fixed assets | 22/27 | €10,488 | €39,786 | +€29,298 | +279% |
| Furniture and vehicles | 24 | €10,488 | €39,786 | +€29,298 | +279% |
| Current assets | 29/58 | €115,870 | €209,277 | +€93,407 | +80.6% |
| Amounts receivable within one year | 40/41 | €20,126 | €29,000 | +€8,874 | +44.1% |
| Other amounts receivable | 41 | €20,126 | €29,000 | +€8,874 | +44.1% |
| Cash at bank and in hand | 54/58 | €53,706 | €137,723 | +€84,017 | +156% |
| Deferred charges and accrued income | 490/1 | €42,038 | €42,554 | +€516 | +1.2% |
| Total equity and liabilities | 10/49 | €126,358 | €249,064 | +€122,706 | +97.1% |
| Equity | 10/15 | €80,132 | €176,885 | +€96,753 | +121% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €45,455 | €45,455 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,455 | €45,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,678 | €128,431 | +€96,753 | +305% |
| Amounts payable | 17/49 | €46,226 | €72,178 | +€25,953 | +56.1% |
| Amounts payable after more than one year | 17 | €3,432 | - | -€3,432 | |
| Financial debts | 170/4 | €3,432 | - | -€3,432 | |
| Amounts payable within one year | 42/48 | €42,794 | €72,178 | +€29,385 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €13,147 | €11,765 | -€1,382 | -10.5% |
| Trade debts | 44 | €123 | €35,364 | +€35,241 | +28,761% |
| Suppliers | 440/4 | €123 | - | -€123 | |
| Bills of exchange payable | 441 | - | €35,364 | +€35,364 | |
| Taxes, remuneration and social security | 45 | €29,524 | €25,021 | -€4,502 | -15.2% |
| Taxes | 450/3 | €29,524 | €25,021 | -€4,502 | -15.2% |
| Other amounts payable | 47/48 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,021 | €5,292 | +€1,271 | +31.6% |
| Other operating charges | 640/8 | €790 | €1,451 | +€661 | +83.6% |
| Gross operating margin | 9900 | €110,032 | €127,005 | +€16,973 | +15.4% |
| Operating profit (loss) | 9901 | €105,221 | €120,262 | +€15,041 | +14.3% |
| Financial income | 75/76B | - | €132 | +€132 | |
| Recurring financial income | 75 | - | €132 | +€132 | |
| Financial charges | 65/66B | €1,575 | €2,041 | +€467 | +29.6% |
| Recurring financial charges | 65 | €1,575 | €2,041 | +€467 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €103,647 | €118,353 | +€14,707 | +14.2% |
| Income taxes | 67/77 | €26,514 | €21,600 | -€4,914 | -18.5% |
| Profit (loss) for the period | 9904 | €77,132 | €96,753 | +€19,621 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,132 | €96,753 | +€19,621 | +25.4% |
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 15 October 2026 via checked.be.