MEONCO: 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.
MEONCO
Largest movements
- Cash +€96,977
up €96,977 (+208.3%), from €46,551 to €143,527
mainly Current investments (+€50,000) and Net result for the year (+€39,584)
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€5,070
down €5,070 (-11.2%), from €45,257 to €40,187
of which Furniture and vehicles: -€9,430
- Receivables within one year -€5,068
down €5,068 (-28.2%), from €17,947 to €12,878
- Reserves +€37,918
up €37,918 (+43.2%), from €87,807 to €125,725
- Debts after one year -€9,665
down €9,665 (-56.7%), from €17,059 to €7,394
- Tax, wage and social debts +€4,336
up €4,336 (+15.0%), from €28,923 to €33,259
of which Taxes: +€3,736
- Other debts +€4,186
up €4,186 (+65.3%), from €6,414 to €10,599
- Gross operating margin -€17,148
down €17,148 (-21.4%), from €80,254 to €63,106
- Taxes -€3,226
down €3,226 (-22.1%), from €14,604 to €11,378
- Depreciation +€1,378
up €1,378 (+14.2%), from €9,690 to €11,068
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.
Cash bridge derived
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 | €160,844 | €197,780 | +€36,937 | +23.0% |
| Fixed assets | 21/28 | €45,257 | €40,187 | -€5,070 | -11.2% |
| Tangible fixed assets | 22/27 | €45,257 | €40,187 | -€5,070 | -11.2% |
| Furniture and vehicles | 24 | €25,818 | €16,389 | -€9,430 | -36.5% |
| Other tangible fixed assets | 26 | €19,439 | €23,799 | +€4,360 | +22.4% |
| Current assets | 29/58 | €115,586 | €157,593 | +€42,007 | +36.3% |
| Amounts receivable within one year | 40/41 | €17,947 | €12,878 | -€5,068 | -28.2% |
| Trade receivables | 40 | €17,947 | €12,878 | -€5,068 | -28.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €46,551 | €143,527 | +€96,977 | +208.3% |
| Deferred charges and accrued income | 490/1 | €1,089 | €1,187 | +€98 | +9.0% |
| Total equity and liabilities | 10/49 | €160,844 | €197,780 | +€36,937 | +23.0% |
| Equity | 10/15 | €97,807 | €135,725 | +€37,918 | +38.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87,807 | €125,725 | +€37,918 | +43.2% |
| Distributable reserves | 133 | €87,807 | €125,725 | +€37,918 | +43.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,036 | €62,055 | -€981 | -1.6% |
| Amounts payable after more than one year | 17 | €17,059 | €7,394 | -€9,665 | -56.7% |
| Financial debts | 170/4 | €17,059 | €7,394 | -€9,665 | -56.7% |
| Amounts payable within one year | 42/48 | €45,600 | €54,233 | +€8,634 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €9,449 | €9,665 | +€217 | +2.3% |
| Trade debts | 44 | €814 | €709 | -€105 | -12.9% |
| Suppliers | 440/4 | €814 | €709 | -€105 | -12.9% |
| Taxes, remuneration and social security | 45 | €28,923 | €33,259 | +€4,336 | +15.0% |
| Taxes | 450/3 | €27,923 | €31,659 | +€3,736 | +13.4% |
| Remuneration and social security | 454/9 | €1,000 | €1,600 | +€600 | +60.0% |
| Other amounts payable | 47/48 | €6,414 | €10,599 | +€4,186 | +65.3% |
| Accrued charges and deferred income | 492/3 | €377 | €428 | +€50 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,690 | €11,068 | +€1,378 | +14.2% |
| Other operating charges | 640/8 | €190 | €657 | +€467 | +246.1% |
| Gross operating margin | 9900 | €80,254 | €63,106 | -€17,148 | -21.4% |
| Operating profit (loss) | 9901 | €70,375 | €51,382 | -€18,993 | -27.0% |
| Financial income | 75/76B | €705 | €576 | -€129 | -18.3% |
| Recurring financial income | 75 | €705 | €576 | -€129 | -18.3% |
| Financial charges | 65/66B | €1,108 | €995 | -€113 | -10.2% |
| Recurring financial charges | 65 | €1,108 | €995 | -€113 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €69,971 | €50,962 | -€19,009 | -27.2% |
| Income taxes | 67/77 | €14,604 | €11,378 | -€3,226 | -22.1% |
| Profit (loss) for the period | 9904 | €55,367 | €39,584 | -€15,783 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,367 | €39,584 | -€15,783 | -28.5% |
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 9 October 2026 via checked.be.