MEO MANAGEMENT SERVICES: 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.
MEO MANAGEMENT SERVICES
Largest movements
- Cash -€43,803
down €43,803 (-21.6%), from €202,973 to €159,171
mainly Debts after one year (-€28,090) and Investment in fixed assets (net) (-€13,813)
- Receivables within one year +€7,669
up €7,669 (+129%), from €5,946 to €13,616
of which Other amounts receivable: +€8,274
- Tangible fixed assets +€6,389
up €6,389 (+24.6%), from €25,956 to €32,345
of which Furniture and vehicles: +€9,364
- Debts after one year -€28,090
down €28,090 (-23.6%), from €118,781 to €90,691
- Gross operating margin -€49,158
down €49,158 (-83.4%), from €58,943 to €9,784
- Taxes -€17,079
down €17,079 (-98.3%), from €17,378 to €299
- Depreciation +€2,985
up €2,985 (+67.2%), from €4,440 to €7,425
- Other operating charges -€1,060
down €1,060 (-39.1%), from €2,713 to €1,653
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
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 | €590,238 | €561,877 | -€28,361 | -4.8% |
| Fixed assets | 21/28 | €376,036 | €382,425 | +€6,389 | +1.7% |
| Tangible fixed assets | 22/27 | €25,956 | €32,345 | +€6,389 | +24.6% |
| Land and buildings | 22 | €12,550 | €9,575 | -€2,975 | -23.7% |
| Plant, machinery and equipment | 23 | €9,992 | €9,992 | = | 0.0% |
| Furniture and vehicles | 24 | €3,414 | €12,777 | +€9,364 | +274% |
| Financial fixed assets | 28 | €350,080 | €350,080 | = | 0.0% |
| Current assets | 29/58 | €214,202 | €179,452 | -€34,750 | -16.2% |
| Amounts receivable within one year | 40/41 | €5,946 | €13,616 | +€7,669 | +129% |
| Trade receivables | 40 | €2,898 | €2,293 | -€605 | -20.9% |
| Other amounts receivable | 41 | €3,048 | €11,322 | +€8,274 | +271% |
| Cash at bank and in hand | 54/58 | €202,973 | €159,171 | -€43,803 | -21.6% |
| Deferred charges and accrued income | 490/1 | €5,282 | €6,665 | +€1,383 | +26.2% |
| Total equity and liabilities | 10/49 | €590,238 | €561,877 | -€28,361 | -4.8% |
| Equity | 10/15 | €467,818 | €467,963 | +€145 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,750 | €201,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €199,890 | €199,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,468 | €247,613 | +€145 | +0.1% |
| Amounts payable | 17/49 | €122,421 | €93,914 | -€28,507 | -23.3% |
| Amounts payable after more than one year | 17 | €118,781 | €90,691 | -€28,090 | -23.6% |
| Other amounts payable | 178/9 | €118,781 | €90,691 | -€28,090 | -23.6% |
| Amounts payable within one year | 42/48 | €3,639 | €3,223 | -€416 | -11.4% |
| Trade debts | 44 | €2,026 | €59 | -€1,968 | -97.1% |
| Suppliers | 440/4 | €2,026 | €59 | -€1,968 | -97.1% |
| Taxes, remuneration and social security | 45 | €1,613 | €3,164 | +€1,551 | +96.2% |
| Taxes | 450/3 | €1,613 | €3,164 | +€1,551 | +96.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,440 | €7,425 | +€2,985 | +67.2% |
| Other operating charges | 640/8 | €2,713 | €1,653 | -€1,060 | -39.1% |
| Gross operating margin | 9900 | €58,943 | €9,784 | -€49,158 | -83.4% |
| Operating profit (loss) | 9901 | €51,790 | €707 | -€51,083 | -98.6% |
| Financial income | 75/76B | €0 | €7 | +€7 | +10,200% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +10,200% |
| Financial charges | 65/66B | €361 | €269 | -€92 | -25.4% |
| Recurring financial charges | 65 | €361 | €269 | -€92 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €51,429 | €444 | -€50,984 | -99.1% |
| Income taxes | 67/77 | €17,378 | €299 | -€17,079 | -98.3% |
| Profit (loss) for the period | 9904 | €34,051 | €145 | -€33,905 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,051 | €145 | -€33,905 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.