MEPLIS: 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.
MEPLIS
Largest movements
- Receivables within one year -€35,402
down €35,402 (-40.3%), from €87,954 to €52,553
of which Trade receivables: -€39,937
- Financial fixed assets +€33,823
up €33,823 (+2.8%), from €1.2m to €1.3m
- Cash +€23,802
up €23,802 (+945.9%), from €2,516 to €26,318
mainly Debts after one year (+€233,471) and Receivables within one year (+€35,402)
- Debts after one year +€233,471
up €233,471 (+24.4%), from €957,770 to €1.2m
- Trade debts -€129,143
down €129,143 (-61.7%), from €209,454 to €80,311
- Accrued charges and deferred income -€65,226
down €65,226 (-85.3%), from €76,500 to €11,274
- Profit (loss) carried forward -€27,681
down €27,681 (-5.5%), from -€502,993 to -€530,675
- Gross operating margin +€80,911
up €80,911 (+60.5%), from -€133,675 to -€52,764
- Financial charges +€4,251
up €4,251 (+80.7%), from €5,269 to €9,521
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 | €1,351,633 | €1,369,299 | +€17,666 | +1.3% |
| Fixed assets | 21/28 | €1,221,746 | €1,255,342 | +€33,596 | +2.7% |
| Tangible fixed assets | 22/27 | €227 | €0 | -€227 | -100.0% |
| Plant, machinery and equipment | 23 | €227 | €0 | -€227 | -100.0% |
| Financial fixed assets | 28 | €1,221,519 | €1,255,342 | +€33,823 | +2.8% |
| Current assets | 29/58 | €129,887 | €113,957 | -€15,931 | -12.3% |
| Amounts receivable within one year | 40/41 | €87,954 | €52,553 | -€35,402 | -40.3% |
| Trade receivables | 40 | €87,856 | €47,919 | -€39,937 | -45.5% |
| Other amounts receivable | 41 | €98 | €4,633 | +€4,535 | +4622.9% |
| Cash at bank and in hand | 54/58 | €2,516 | €26,318 | +€23,802 | +945.9% |
| Deferred charges and accrued income | 490/1 | €39,416 | €35,086 | -€4,330 | -11.0% |
| Total equity and liabilities | 10/49 | €1,351,633 | €1,369,299 | +€17,666 | +1.3% |
| Equity | 10/15 | €94,593 | €66,912 | -€27,681 | -29.3% |
| Contributions | 10/11 | €597,586 | €597,586 | = | 0.0% |
| Capital | 10 | €597,586 | €597,586 | = | 0.0% |
| Issued capital | 100 | €597,586 | €597,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€502,993 | -€530,675 | -€27,681 | -5.5% |
| Amounts payable | 17/49 | €1,257,040 | €1,302,387 | +€45,347 | +3.6% |
| Amounts payable after more than one year | 17 | €957,770 | €1,191,242 | +€233,471 | +24.4% |
| Financial debts | 170/4 | €957,770 | €1,191,242 | +€233,471 | +24.4% |
| Amounts payable within one year | 42/48 | €222,769 | €99,871 | -€122,898 | -55.2% |
| Trade debts | 44 | €209,454 | €80,311 | -€129,143 | -61.7% |
| Suppliers | 440/4 | €209,454 | €80,311 | -€129,143 | -61.7% |
| Taxes, remuneration and social security | 45 | €3,036 | €0 | -€3,036 | -100.0% |
| Taxes | 450/3 | €3,036 | €0 | -€3,036 | -100.0% |
| Other amounts payable | 47/48 | €10,280 | €19,560 | +€9,280 | +90.3% |
| Accrued charges and deferred income | 492/3 | €76,500 | €11,274 | -€65,226 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385 | €227 | -€158 | -41.1% |
| Other operating charges | 640/8 | €968 | €0 | -€968 | -100.0% |
| Non-recurring operating charges | 66A | €1,891 | €0 | -€1,891 | -100.0% |
| Gross operating margin | 9900 | -€133,675 | -€52,764 | +€80,911 | +60.5% |
| Operating profit (loss) | 9901 | -€136,919 | -€52,991 | +€83,928 | +61.3% |
| Financial income | 75/76B | €33,823 | €34,830 | +€1,007 | +3.0% |
| Recurring financial income | 75 | €33,823 | €34,830 | +€1,007 | +3.0% |
| Financial charges | 65/66B | €5,269 | €9,521 | +€4,251 | +80.7% |
| Recurring financial charges | 65 | €5,269 | €9,521 | +€4,251 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | -€108,365 | -€27,681 | +€80,684 | +74.5% |
| Profit (loss) for the period | 9904 | -€108,365 | -€27,681 | +€80,684 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,365 | -€27,681 | +€80,684 | +74.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.