MEMES: 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.
MEMES
Largest movements
- Financial fixed assets +€113,291
up €113,291 (+38.8%), from €291,720 to €405,011
- Receivables within one year -€45,700
down €45,700 (-91.7%), from €49,818 to €4,118
of which Trade receivables: -€37,403
- Other debts +€36,860
up €36,860 (+15.2%), from €242,129 to €278,989
- Reserves +€33,503
up €33,503 (+52.5%), from €63,832 to €97,335
of which Distributable reserves: +€35,363
- Financial charges -€33,386
down €33,386, from €1,330 to -€32,056
- Gross operating margin +€5,394
up €5,394, from -€1,884 to €3,510
- Taxes +€1,290
up €1,290 (+237%), from €545 to €1,835
- Financial income +€272
up €272 (+3,282%), from €8 to €280
- Other operating charges +€243
up €243 (+91.9%), from €264 to €507
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,538 | €409,128 | +€67,591 | +19.8% |
| Fixed assets | 21/28 | €291,720 | €405,011 | +€113,291 | +38.8% |
| Financial fixed assets | 28 | €291,720 | €405,011 | +€113,291 | +38.8% |
| Current assets | 29/58 | €49,818 | €4,118 | -€45,700 | -91.7% |
| Amounts receivable within one year | 40/41 | €49,818 | €4,118 | -€45,700 | -91.7% |
| Trade receivables | 40 | €41,510 | €4,107 | -€37,403 | -90.1% |
| Other amounts receivable | 41 | €8,308 | €10 | -€8,297 | -99.9% |
| Total equity and liabilities | 10/49 | €341,538 | €409,128 | +€67,591 | +19.8% |
| Equity | 10/15 | €82,432 | €115,935 | +€33,503 | +40.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,832 | €97,335 | +€33,503 | +52.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €18,765 | €18,765 | = | 0.0% |
| Distributable reserves | 133 | €43,207 | €78,570 | +€35,363 | +81.8% |
| Amounts payable | 17/49 | €259,106 | €293,193 | +€34,087 | +13.2% |
| Amounts payable within one year | 42/48 | €259,106 | €293,193 | +€34,087 | +13.2% |
| Financial debts | 43 | €5,078 | €4,765 | -€313 | -6.2% |
| Credit institutions | 430/8 | €5,078 | €4,765 | -€313 | -6.2% |
| Trade debts | 44 | €6,350 | €2,628 | -€3,723 | -58.6% |
| Suppliers | 440/4 | €6,350 | €2,628 | -€3,723 | -58.6% |
| Taxes, remuneration and social security | 45 | €5,549 | €6,812 | +€1,263 | +22.8% |
| Taxes | 450/3 | €5,549 | €6,812 | +€1,263 | +22.8% |
| Other amounts payable | 47/48 | €242,129 | €278,989 | +€36,860 | +15.2% |
| Other operating charges | 640/8 | €264 | €507 | +€243 | +91.9% |
| Gross operating margin | 9900 | -€1,884 | €3,510 | +€5,394 | |
| Operating profit (loss) | 9901 | -€2,149 | €3,002 | +€5,151 | |
| Financial income | 75/76B | €8 | €280 | +€272 | +3,282% |
| Recurring financial income | 75 | €8 | €280 | +€272 | +3,282% |
| Financial charges | 65/66B | €1,330 | -€32,056 | -€33,386 | |
| Recurring financial charges | 65 | €1,330 | -€32,056 | -€33,386 | |
| Profit (loss) for the period before taxes | 9903 | -€3,470 | €35,338 | +€38,808 | |
| Income taxes | 67/77 | €545 | €1,835 | +€1,290 | +237% |
| Profit (loss) for the period | 9904 | -€4,015 | €33,503 | +€37,518 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,015 | €33,503 | +€37,518 |
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.