MENETIA: 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.
MENETIA
Largest movements
- Cash +€10,239
up €10,239 (+57.2%), from €17,909 to €28,149
mainly Net result for the year (+€12,691) and Trade debts (+€2,439)
- Receivables within one year +€3,629
up €3,629 (+144.3%), from €2,515 to €6,144
of which Trade receivables: +€3,478
- Stocks and contracts -€761
down €761 (-22.7%), from €3,352 to €2,591
- Profit (loss) carried forward +€10,831
up €10,831, from -€8,924 to €1,907
- Trade debts +€2,439
up €2,439 (+50.7%), from €4,814 to €7,252
- Tax, wage and social debts -€2,207
down €2,207 (-21.8%), from €10,133 to €7,926
of which Remuneration and social security: -€1,283
- Reserves +€1,860
new in 2024: €1,860
- Other debts +€620
up €620 (+11.2%), from €5,546 to €6,166
- Gross operating margin +€16,579
up €16,579 (+27.5%), from €60,273 to €76,852
- Staff costs +€6,342
up €6,342 (+11.3%), from €55,944 to €62,285
- Other operating charges -€1,213
down €1,213 (-49.8%), from €2,436 to €1,223
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 | €30,169 | €43,712 | +€13,543 | +44.9% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €30,079 | €43,622 | +€13,543 | +45.0% |
| Stocks and contracts in progress | 3 | €3,352 | €2,591 | -€761 | -22.7% |
| Stocks | 30/36 | €3,352 | €2,591 | -€761 | -22.7% |
| Amounts receivable within one year | 40/41 | €2,515 | €6,144 | +€3,629 | +144.3% |
| Trade receivables | 40 | €2,515 | €5,993 | +€3,478 | +138.3% |
| Other amounts receivable | 41 | - | €151 | +€151 | |
| Cash at bank and in hand | 54/58 | €17,909 | €28,149 | +€10,239 | +57.2% |
| Deferred charges and accrued income | 490/1 | €6,303 | €6,738 | +€436 | +6.9% |
| Total equity and liabilities | 10/49 | €30,169 | €43,712 | +€13,543 | +44.9% |
| Equity | 10/15 | €9,676 | €22,367 | +€12,691 | +131.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€8,924 | €1,907 | +€10,831 | |
| Amounts payable | 17/49 | €20,493 | €21,345 | +€852 | +4.2% |
| Amounts payable within one year | 42/48 | €20,493 | €21,345 | +€852 | +4.2% |
| Trade debts | 44 | €4,814 | €7,252 | +€2,439 | +50.7% |
| Suppliers | 440/4 | €4,814 | €7,252 | +€2,439 | +50.7% |
| Taxes, remuneration and social security | 45 | €10,133 | €7,926 | -€2,207 | -21.8% |
| Taxes | 450/3 | €2,092 | €1,168 | -€924 | -44.2% |
| Remuneration and social security | 454/9 | €8,041 | €6,758 | -€1,283 | -16.0% |
| Other amounts payable | 47/48 | €5,546 | €6,166 | +€620 | +11.2% |
| Remuneration, social security and pensions | 62 | €55,944 | €62,285 | +€6,342 | +11.3% |
| Other operating charges | 640/8 | €2,436 | €1,223 | -€1,213 | -49.8% |
| Gross operating margin | 9900 | €60,273 | €76,852 | +€16,579 | +27.5% |
| Operating profit (loss) | 9901 | €1,893 | €13,344 | +€11,451 | +604.9% |
| Financial income | 75/76B | €0 | €17 | +€17 | +9105.3% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +9105.3% |
| Financial charges | 65/66B | €611 | €665 | +€54 | +8.8% |
| Recurring financial charges | 65 | €611 | €665 | +€54 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €1,282 | €12,697 | +€11,414 | +890.1% |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | €1,282 | €12,691 | +€11,409 | +889.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,282 | €12,691 | +€11,409 | +889.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.