Mepione: 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.
Mepione
Largest movements
- Cash -€58,214
down €58,214 (-59.6%), from €97,727 to €39,513
mainly Contributions, distributions and other (-€80,186) and Receivables within one year (-€19,338)
- Receivables within one year +€19,338
up €19,338 (+134,290%), from €14 to €19,352
of which Trade receivables: +€19,352
- Tangible fixed assets -€4,943
down €4,943 (-20.0%), from €24,761 to €19,818
- Profit (loss) carried forward -€60,186
no longer reported in 2025 (was €60,186)
- Reserves +€10,874
up €10,874 (+18.8%), from €57,879 to €68,753
- Tax, wage and social debts +€5,913
up €5,913 (+539%), from €1,098 to €7,011
- Gross operating margin +€5,517
up €5,517 (+11.8%), from €46,805 to €52,322
- Taxes +€2,003
up €2,003 (+26.1%), from €7,661 to €9,664
- Depreciation +€1,056
up €1,056 (+10.6%), from €10,007 to €11,063
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 | €123,629 | €79,862 | -€43,767 | -35.4% |
| Fixed assets | 21/28 | €24,761 | €19,818 | -€4,943 | -20.0% |
| Tangible fixed assets | 22/27 | €24,761 | €19,818 | -€4,943 | -20.0% |
| Furniture and vehicles | 24 | €24,761 | €19,818 | -€4,943 | -20.0% |
| Current assets | 29/58 | €98,868 | €60,044 | -€38,824 | -39.3% |
| Amounts receivable within one year | 40/41 | €14 | €19,352 | +€19,338 | +134,290% |
| Trade receivables | 40 | - | €19,352 | +€19,352 | |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Cash at bank and in hand | 54/58 | €97,727 | €39,513 | -€58,214 | -59.6% |
| Deferred charges and accrued income | 490/1 | €1,127 | €1,179 | +€52 | +4.7% |
| Total equity and liabilities | 10/49 | €123,629 | €79,862 | -€43,767 | -35.4% |
| Equity | 10/15 | €118,185 | €68,873 | -€49,312 | -41.7% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €57,879 | €68,753 | +€10,874 | +18.8% |
| Distributable reserves | 133 | €57,879 | €68,753 | +€10,874 | +18.8% |
| Profit (loss) carried forward | 14 | €60,186 | - | -€60,186 | |
| Amounts payable | 17/49 | €5,444 | €10,989 | +€5,545 | +102% |
| Amounts payable within one year | 42/48 | €3,445 | €8,859 | +€5,413 | +157% |
| Trade debts | 44 | €771 | €926 | +€155 | +20.1% |
| Suppliers | 440/4 | €771 | €926 | +€155 | +20.1% |
| Taxes, remuneration and social security | 45 | €1,098 | €7,011 | +€5,913 | +539% |
| Taxes | 450/3 | €1,098 | €7,011 | +€5,913 | +539% |
| Other amounts payable | 47/48 | €1,576 | €921 | -€655 | -41.5% |
| Accrued charges and deferred income | 492/3 | €1,999 | €2,131 | +€132 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,007 | €11,063 | +€1,056 | +10.6% |
| Other operating charges | 640/8 | €1,258 | €1,142 | -€117 | -9.3% |
| Gross operating margin | 9900 | €46,805 | €52,322 | +€5,517 | +11.8% |
| Operating profit (loss) | 9901 | €35,539 | €40,117 | +€4,578 | +12.9% |
| Financial income | 75/76B | €575 | €515 | -€60 | -10.4% |
| Recurring financial income | 75 | €575 | €515 | -€60 | -10.4% |
| Financial charges | 65/66B | €87 | €95 | +€7 | +8.6% |
| Recurring financial charges | 65 | €87 | €95 | +€7 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €36,027 | €40,538 | +€4,511 | +12.5% |
| Income taxes | 67/77 | €7,661 | €9,664 | +€2,003 | +26.1% |
| Profit (loss) for the period | 9904 | €28,366 | €30,874 | +€2,508 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,366 | €30,874 | +€2,508 | +8.8% |
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 31 October 2026 via checked.be.