MEPIrad: what changed
Two fiscal 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.
MEPIrad
Largest movements
- Current investments +€135,000
new in 2024: €135,000
- Deferred charges and accrued income +€54,949
up €54,949 (+67.6%), from €81,261 to €136,210
- Cash +€11,485
up €11,485 (+109.5%), from €10,487 to €21,972
mainly Net result for the year (+€170,064) and Tax, wage and social debts (+€30,113)
- Reserves +€170,064
up €170,064 (+270.5%), from €62,880 to €232,944
- Tax, wage and social debts +€30,113
up €30,113 (+125.4%), from €24,019 to €54,132
- Trade debts +€4,674
up €4,674 (+425.1%), from €1,099 to €5,773
- Gross operating margin +€137,837
up €137,837 (+158.5%), from €86,951 to €224,788
- Taxes +€30,172
up €30,172 (+125.6%), from €24,019 to €54,191
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 | €91,748 | €296,140 | +€204,393 | +222.8% |
| Fixed assets | 21/28 | - | €2,958 | +€2,958 | |
| Tangible fixed assets | 22/27 | - | €2,958 | +€2,958 | |
| Furniture and vehicles | 24 | - | €2,958 | +€2,958 | |
| Current assets | 29/58 | €91,748 | €293,182 | +€201,435 | +219.6% |
| Current investments | 50/53 | - | €135,000 | +€135,000 | |
| Cash at bank and in hand | 54/58 | €10,487 | €21,972 | +€11,485 | +109.5% |
| Deferred charges and accrued income | 490/1 | €81,261 | €136,210 | +€54,949 | +67.6% |
| Total equity and liabilities | 10/49 | €91,748 | €296,140 | +€204,393 | +222.8% |
| Equity | 10/15 | €65,880 | €235,944 | +€170,064 | +258.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,880 | €232,944 | +€170,064 | +270.5% |
| Distributable reserves | 133 | €62,880 | €232,944 | +€170,064 | +270.5% |
| Amounts payable | 17/49 | €25,867 | €60,196 | +€34,329 | +132.7% |
| Amounts payable within one year | 42/48 | €25,867 | €60,196 | +€34,329 | +132.7% |
| Trade debts | 44 | €1,099 | €5,773 | +€4,674 | +425.1% |
| Suppliers | 440/4 | €1,099 | €5,773 | +€4,674 | +425.1% |
| Taxes, remuneration and social security | 45 | €24,019 | €54,132 | +€30,113 | +125.4% |
| Taxes | 450/3 | €24,019 | €54,132 | +€30,113 | +125.4% |
| Other amounts payable | 47/48 | €749 | €291 | -€458 | -61.2% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €62 | +€62 | |
| Other operating charges | 640/8 | €42 | €374 | +€333 | +800.6% |
| Gross operating margin | 9900 | €86,951 | €224,788 | +€137,837 | +158.5% |
| Operating profit (loss) | 9901 | €86,909 | €224,102 | +€137,192 | +157.9% |
| Financial income | 75/76B | - | €196 | +€196 | |
| Recurring financial income | 75 | - | €196 | +€196 | |
| Financial charges | 65/66B | €10 | €44 | +€34 | +346.2% |
| Recurring financial charges | 65 | €10 | €44 | +€34 | +346.2% |
| Profit (loss) for the period before taxes | 9903 | €86,900 | €224,254 | +€137,355 | +158.1% |
| Income taxes | 67/77 | €24,019 | €54,191 | +€30,172 | +125.6% |
| Profit (loss) for the period | 9904 | €62,880 | €170,064 | +€107,183 | +170.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,880 | €170,064 | +€107,183 | +170.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.