MEKONG: 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.
MEKONG
Largest movements
- Tangible fixed assets -€7,454
down €7,454 (-45.6%), from €16,351 to €8,897
of which Furniture and vehicles: -€7,824
- Cash +€4,027
up €4,027 (+19.0%), from €21,156 to €25,183
mainly Depreciation (+€8,362) and Other debts (+€4,206)
- Debts after one year -€6,017
no longer reported in 2024 (was €6,017)
- Other debts +€4,206
up €4,206 (+223.2%), from €1,884 to €6,090
- Tax, wage and social debts -€1,881
down €1,881 (-89.3%), from €2,107 to €226
- Profit (loss) carried forward +€796
up €796 (+3.4%), from -€23,239 to -€22,442
- Current portion of long-term debt -€472
down €472 (-7.3%), from €6,489 to €6,017
- Gross operating margin +€12,174
up €12,174, from -€1,667 to €10,507
- Depreciation -€432
down €432 (-4.9%), from €8,793 to €8,362
- Other operating charges -€262
down €262 (-22.6%), from €1,159 to €898
- Financial charges -€156
down €156 (-32.6%), from €478 to €322
- Taxes +€127
up €127 (+1175.0%), from €11 to €138
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,328 | €41,086 | -€3,242 | -7.3% |
| Fixed assets | 21/28 | €16,797 | €9,344 | -€7,454 | -44.4% |
| Tangible fixed assets | 22/27 | €16,351 | €8,897 | -€7,454 | -45.6% |
| Furniture and vehicles | 24 | €14,184 | €6,360 | -€7,824 | -55.2% |
| Other tangible fixed assets | 26 | €2,167 | €2,537 | +€370 | +17.1% |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €27,531 | €31,742 | +€4,211 | +15.3% |
| Stocks and contracts in progress | 3 | €2,994 | €2,992 | -€2 | -0.1% |
| Stocks | 30/36 | €2,994 | €2,992 | -€2 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,031 | €1,235 | +€204 | +19.8% |
| Trade receivables | 40 | €1,025 | - | -€1,025 | |
| Other amounts receivable | 41 | €7 | €1,235 | +€1,229 | +18619.2% |
| Cash at bank and in hand | 54/58 | €21,156 | €25,183 | +€4,027 | +19.0% |
| Deferred charges and accrued income | 490/1 | €2,349 | €2,332 | -€18 | -0.8% |
| Total equity and liabilities | 10/49 | €44,328 | €41,086 | -€3,242 | -7.3% |
| Equity | 10/15 | €26,156 | €26,953 | +€796 | +3.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €24,605 | €24,605 | = | 0.0% |
| Distributable reserves | 133 | €24,605 | €24,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,239 | -€22,442 | +€796 | +3.4% |
| Amounts payable | 17/49 | €18,172 | €14,133 | -€4,039 | -22.2% |
| Amounts payable after more than one year | 17 | €6,017 | - | -€6,017 | |
| Financial debts | 170/4 | €6,017 | - | -€6,017 | |
| Amounts payable within one year | 42/48 | €12,137 | €14,133 | +€1,996 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €6,489 | €6,017 | -€472 | -7.3% |
| Trade debts | 44 | €1,657 | €1,799 | +€142 | +8.6% |
| Suppliers | 440/4 | €1,657 | €1,799 | +€142 | +8.6% |
| Taxes, remuneration and social security | 45 | €2,107 | €226 | -€1,881 | -89.3% |
| Taxes | 450/3 | €2,107 | €226 | -€1,881 | -89.3% |
| Other amounts payable | 47/48 | €1,884 | €6,090 | +€4,206 | +223.2% |
| Accrued charges and deferred income | 492/3 | €18 | - | -€18 | |
| Non-recurring operating income | 76A | €139 | - | -€139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,793 | €8,362 | -€432 | -4.9% |
| Other operating charges | 640/8 | €1,159 | €898 | -€262 | -22.6% |
| Non-recurring operating charges | 66A | €480 | €54 | -€426 | -88.7% |
| Gross operating margin | 9900 | -€1,667 | €10,507 | +€12,174 | |
| Operating profit (loss) | 9901 | -€12,099 | €1,194 | +€13,293 | |
| Financial income | 75/76B | €37 | €63 | +€26 | +69.6% |
| Recurring financial income | 75 | €37 | €63 | +€26 | +69.6% |
| Financial charges | 65/66B | €478 | €322 | -€156 | -32.6% |
| Recurring financial charges | 65 | €478 | €322 | -€156 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,540 | €934 | +€13,474 | |
| Income taxes | 67/77 | €11 | €138 | +€127 | +1175.0% |
| Profit (loss) for the period | 9904 | -€12,551 | €796 | +€13,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,551 | €796 | +€13,347 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.