MEJN: what changed
Two fiscal 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.
MEJN
Largest movements
- Cash +€19,870
up €19,870 (+23.9%), from €83,181 to €103,051
mainly Net result for the year (+€125,298) and Other debts (+€20,021)
- Deferred charges and accrued income +€8,591
up €8,591 (+18.4%), from €46,774 to €55,364
- Receivables within one year -€5,815
down €5,815 (-100.0%), from €5,815 to €0
- Other debts +€20,021
up €20,021 (+19.0%), from €105,238 to €125,259
- Gross operating margin +€22,356
up €22,356 (+15.9%), from €140,240 to €162,596
- Depreciation -€7,909
down €7,909 (-92.3%), from €8,568 to €660
- Taxes +€6,365
up €6,365 (+21.8%), from €29,175 to €35,540
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 | €137,440 | €159,426 | +€21,986 | +16.0% |
| Fixed assets | 21/28 | €1,671 | €1,011 | -€660 | -39.5% |
| Tangible fixed assets | 22/27 | €1,671 | €1,011 | -€660 | -39.5% |
| Furniture and vehicles | 24 | €1,671 | €1,011 | -€660 | -39.5% |
| Current assets | 29/58 | €135,769 | €158,415 | +€22,646 | +16.7% |
| Amounts receivable within one year | 40/41 | €5,815 | €0 | -€5,815 | -100.0% |
| Other amounts receivable | 41 | €5,815 | €0 | -€5,815 | -100.0% |
| Cash at bank and in hand | 54/58 | €83,181 | €103,051 | +€19,870 | +23.9% |
| Deferred charges and accrued income | 490/1 | €46,774 | €55,364 | +€8,591 | +18.4% |
| Total equity and liabilities | 10/49 | €137,440 | €159,426 | +€21,986 | +16.0% |
| Equity | 10/15 | €30,135 | €30,433 | +€298 | +1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €11,585 | €11,883 | +€298 | +2.6% |
| Amounts payable | 17/49 | €107,305 | €128,994 | +€21,688 | +20.2% |
| Amounts payable within one year | 42/48 | €107,305 | €128,994 | +€21,688 | +20.2% |
| Financial debts | 43 | €38 | €0 | -€38 | -100.0% |
| Credit institutions | 430/8 | €38 | €0 | -€38 | -100.0% |
| Trade debts | 44 | €2,030 | €2,451 | +€421 | +20.8% |
| Suppliers | 440/4 | €2,030 | €2,451 | +€421 | +20.8% |
| Taxes, remuneration and social security | 45 | €0 | €1,284 | +€1,284 | |
| Taxes | 450/3 | €0 | €1,284 | +€1,284 | |
| Other amounts payable | 47/48 | €105,238 | €125,259 | +€20,021 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,568 | €660 | -€7,909 | -92.3% |
| Other operating charges | 640/8 | €827 | €723 | -€104 | -12.6% |
| Gross operating margin | 9900 | €140,240 | €162,596 | +€22,356 | +15.9% |
| Operating profit (loss) | 9901 | €130,845 | €161,213 | +€30,369 | +23.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300.0% |
| Financial charges | 65/66B | €146 | €376 | +€230 | +157.7% |
| Recurring financial charges | 65 | €146 | €376 | +€230 | +157.7% |
| Profit (loss) for the period before taxes | 9903 | €130,699 | €160,837 | +€30,138 | +23.1% |
| Income taxes | 67/77 | €29,175 | €35,540 | +€6,365 | +21.8% |
| Profit (loss) for the period | 9904 | €101,524 | €125,298 | +€23,774 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €101,524 | €125,298 | +€23,774 | +23.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.