MEJO: 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.
What changed
MEJO
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€251,163
2024 · -€184,266-€66,897
Equity
-€546,851
2024 · -€295,688-€251,163
Cash
€67,343
2024 · €60,944+€6,399
Balance sheet total
€746,916
2024 · €925,244-€178,328
Largest movements
Assets
- Receivables within one year -€117,963
down €117,963 (-45.9%), from €257,239 to €139,276
of which Trade receivables: -€127,919
- Tangible fixed assets -€60,974
down €60,974 (-16.0%), from €381,542 to €320,568
of which Plant, machinery and equipment: -€55,331
Equity and liabilities
- Profit (loss) carried forward -€251,163
down €251,163 (-79.9%), from -€314,280 to -€565,443
- Trade debts +€111,936
up €111,936 (+12.0%), from €930,404 to €1.0m
- Debts after one year -€46,930
down €46,930 (-21.1%), from €222,001 to €175,071
Income statement
- Turnover +€1.8m
new in 2025: €1.8m
- Goods and materials +€1.5m
new in 2025: €1.5m
of which Purchases: +€1.5m
- Services and other goods +€253,939
new in 2025: €253,939
- Gross operating margin -€141,714
no longer reported in 2025 (was €141,714)
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.
Result 2024
-€184,266
Turnover
+€1.8m
Other operating income
+€7,655
Goods and materials
-€1.5m
Services and other goods
-€253,939
Staff costs
-€7,212
Depreciation
-€1,155
Other operating charges
+€13,802
Other operating items
-€141,714
Financial income
+€2,869
Financial charges
+€1,404
Taxes
-€8
Result 2025
-€251,163
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€51,512
Investment
€0
Financing
-€45,113
Cash 2024
€60,944
From operations (derived)
+€51,512
Net result for the year
-€251,163
Depreciation
+€64,469
Stocks and contracts
-€4,817
Receivables within one year
+€117,963
Deferred charges and accrued income
+€7,111
Trade debts
+€111,936
Tax, wage and social debts
+€6,013
Financing
-€45,113
Debts after one year
-€46,930
Current portion of long-term debt
+€1,817
Cash 2025
€67,343
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €925,244 | €746,916 | -€178,328 | -19.3% |
| Fixed assets | 21/28 | €394,287 | €329,818 | -€64,469 | -16.4% |
| Intangible fixed assets | 21 | €12,745 | €9,250 | -€3,495 | -27.4% |
| Tangible fixed assets | 22/27 | €381,542 | €320,568 | -€60,974 | -16.0% |
| Plant, machinery and equipment | 23 | €361,607 | €306,276 | -€55,331 | -15.3% |
| Furniture and vehicles | 24 | €19,935 | €14,292 | -€5,643 | -28.3% |
| Current assets | 29/58 | €530,957 | €417,098 | -€113,859 | -21.4% |
| Stocks and contracts in progress | 3 | €202,401 | €207,218 | +€4,817 | +2.4% |
| Stocks | 30/36 | €202,401 | €207,218 | +€4,817 | +2.4% |
| Goods purchased for resale | 34 | - | €207,218 | +€207,218 | |
| Amounts receivable within one year | 40/41 | €257,239 | €139,276 | -€117,963 | -45.9% |
| Trade receivables | 40 | €160,325 | €32,406 | -€127,919 | -79.8% |
| Other amounts receivable | 41 | €96,914 | €106,870 | +€9,956 | +10.3% |
| Cash at bank and in hand | 54/58 | €60,944 | €67,343 | +€6,399 | +10.5% |
| Deferred charges and accrued income | 490/1 | €10,373 | €3,261 | -€7,111 | -68.6% |
| Total equity and liabilities | 10/49 | €925,244 | €746,916 | -€178,328 | -19.3% |
| Equity | 10/15 | -€295,688 | -€546,851 | -€251,163 | -84.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,280 | -€565,443 | -€251,163 | -79.9% |
| Amounts payable | 17/49 | €1,220,932 | €1,293,767 | +€72,835 | +6.0% |
| Amounts payable after more than one year | 17 | €222,001 | €175,071 | -€46,930 | -21.1% |
| Financial debts | 170/4 | €222,001 | €175,071 | -€46,930 | -21.1% |
| Credit institutions | 173 | - | €175,071 | +€175,071 | |
| Amounts payable within one year | 42/48 | €998,930 | €1,118,696 | +€119,765 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €45,113 | €46,930 | +€1,817 | +4.0% |
| Trade debts | 44 | €930,404 | €1,042,340 | +€111,936 | +12.0% |
| Suppliers | 440/4 | €930,404 | €1,042,340 | +€111,936 | +12.0% |
| Taxes, remuneration and social security | 45 | €23,413 | €29,426 | +€6,013 | +25.7% |
| Taxes | 450/3 | €5,998 | €315 | -€5,684 | -94.8% |
| Remuneration and social security | 454/9 | €17,415 | €29,111 | +€11,697 | +67.2% |
| Operating income | 70/76A | - | €1,781,596 | +€1.8m | |
| Turnover | 70 | - | €1,773,942 | +€1.8m | |
| Other operating income | 74 | - | €7,655 | +€7,655 | |
| Operating charges | 60/66A | - | €2,021,193 | +€2.0m | |
| Goods for resale, raw materials and consumables | 60 | - | €1,462,540 | +€1.5m | |
| Purchases | 600/8 | - | €1,467,357 | +€1.5m | |
| Change in stocks: decrease (increase) | 609 | - | -€4,817 | -€4,817 | |
| Services and other goods | 61 | - | €253,939 | +€253,939 | |
| Remuneration, social security and pensions | 62 | €230,748 | €237,960 | +€7,212 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,314 | €64,469 | +€1,155 | +1.8% |
| Other operating charges | 640/8 | €16,087 | €2,285 | -€13,802 | -85.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €141,714 | - | -€141,714 | |
| Operating profit (loss) | 9901 | -€168,436 | -€239,597 | -€71,161 | -42.2% |
| Financial income | 75/76B | €6 | €2,874 | +€2,869 | +50,683% |
| Recurring financial income | 75 | €6 | €2,874 | +€2,869 | +50,683% |
| Income from current assets | 751 | - | €0 | = | |
| Other financial income | 752/9 | - | €2,874 | +€2,874 | |
| Financial charges | 65/66B | €15,572 | €14,168 | -€1,404 | -9.0% |
| Recurring financial charges | 65 | €15,572 | €14,168 | -€1,404 | -9.0% |
| Debt charges | 650 | - | €9,647 | +€9,647 | |
| Other financial charges | 652/9 | - | €4,521 | +€4,521 | |
| Profit (loss) for the period before taxes | 9903 | -€184,002 | -€250,891 | -€66,889 | -36.4% |
| Income taxes | 67/77 | €265 | €273 | +€8 | +3.0% |
| Taxes | 670/3 | - | €273 | +€273 | |
| Profit (loss) for the period | 9904 | -€184,266 | -€251,163 | -€66,897 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€184,266 | -€251,163 | -€66,897 | -36.3% |
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 16 October 2026 via checked.be.