MES: 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.
MES
Largest movements
- Receivables within one year -€9,526
down €9,526 (-92.9%), from €10,259 to €733
- Tangible fixed assets -€5,708
down €5,708 (-47.3%), from €12,060 to €6,352
- Cash -€3,135
down €3,135 (-34.5%), from €9,089 to €5,954
mainly Trade debts (-€11,048) and Other debts (-€5,019)
- Trade debts -€11,048
down €11,048 (-97.4%), from €11,339 to €291
- Other debts -€5,019
down €5,019 (-87.5%), from €5,739 to €719
- Profit (loss) carried forward -€2,255
down €2,255 (-50.5%), from -€4,466 to -€6,721
- Gross operating margin -€4,455
down €4,455 (-42.7%), from €10,429 to €5,974
- Purchases and services -€3,614
down €3,614 (-10.0%), from €36,300 to €32,686
- Depreciation -€3,482
down €3,482 (-44.6%), from €7,815 to €4,333
- Financial charges +€386
up €386 (+144.4%), from €267 to €653
- Other operating charges +€202
up €202 (+6.7%), from €3,040 to €3,243
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 | €31,408 | €13,038 | -€18,370 | -58.5% |
| Fixed assets | 21/28 | €12,060 | €6,352 | -€5,708 | -47.3% |
| Tangible fixed assets | 22/27 | €12,060 | €6,352 | -€5,708 | -47.3% |
| Furniture and vehicles | 24 | €12,060 | €6,352 | -€5,708 | -47.3% |
| Current assets | 29/58 | €19,348 | €6,687 | -€12,661 | -65.4% |
| Amounts receivable within one year | 40/41 | €10,259 | €733 | -€9,526 | -92.9% |
| Trade receivables | 40 | €10,259 | €733 | -€9,526 | -92.9% |
| Cash at bank and in hand | 54/58 | €9,089 | €5,954 | -€3,135 | -34.5% |
| Total equity and liabilities | 10/49 | €31,408 | €13,038 | -€18,370 | -58.5% |
| Equity | 10/15 | €14,134 | €11,879 | -€2,255 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,466 | -€6,721 | -€2,255 | -50.5% |
| Amounts payable | 17/49 | €17,274 | €1,159 | -€16,114 | -93.3% |
| Amounts payable within one year | 42/48 | €17,274 | €1,159 | -€16,114 | -93.3% |
| Trade debts | 44 | €11,339 | €291 | -€11,048 | -97.4% |
| Suppliers | 440/4 | €11,339 | €291 | -€11,048 | -97.4% |
| Taxes, remuneration and social security | 45 | €196 | €149 | -€47 | -23.9% |
| Taxes | 450/3 | €196 | €149 | -€47 | -23.9% |
| Other amounts payable | 47/48 | €5,739 | €719 | -€5,019 | -87.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,300 | €32,686 | -€3,614 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,815 | €4,333 | -€3,482 | -44.6% |
| Other operating charges | 640/8 | €3,040 | €3,243 | +€202 | +6.7% |
| Gross operating margin | 9900 | €10,429 | €5,974 | -€4,455 | -42.7% |
| Operating profit (loss) | 9901 | -€426 | -€1,602 | -€1,176 | -275.9% |
| Financial charges | 65/66B | €267 | €653 | +€386 | +144.4% |
| Recurring financial charges | 65 | €267 | €653 | +€386 | +144.4% |
| Profit (loss) for the period before taxes | 9903 | -€693 | -€2,255 | -€1,562 | -225.2% |
| Income taxes | 67/77 | €90 | - | -€90 | |
| Profit (loss) for the period | 9904 | -€784 | -€2,255 | -€1,471 | -187.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€784 | -€2,255 | -€1,471 | -187.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.