MES ANGES: 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.
MES ANGES
Largest movements
- Receivables within one year +€3,733
up €3,733 (+12.2%), from €30,638 to €34,371
of which Trade receivables: +€4,666
- Cash -€1,377
down €1,377 (-27.5%), from €5,007 to €3,630
mainly Receivables within one year (-€3,733) and Net result for the year (-€3,127)
- Deferred charges and accrued income +€1,214
new in 2025: €1,214
- Tangible fixed assets +€939
up €939 (+171.3%), from €548 to €1,487
- Stocks and contracts +€921
up €921 (+98.4%), from €935 to €1,856
- Trade debts +€8,801
up €8,801 (+49.0%), from €17,972 to €26,773
- Profit (loss) carried forward -€3,127
down €3,127 (-78.2%), from €3,999 to €872
- Tax, wage and social debts -€2,360
down €2,360 (-20.9%), from €11,286 to €8,926
of which Taxes: -€1,631
- Other debts +€2,116
new in 2025: €2,116
- Gross operating margin -€11,113
down €11,113 (-63.3%), from €17,568 to €6,455
- Staff costs +€3,350
up €3,350 (+75.2%), from €4,455 to €7,805
- Financial charges -€787
down €787 (-85.1%), from €925 to €138
of which Non-recurring financial charges: -€750
- Taxes -€650
no longer reported in 2025 (was €650)
- Depreciation +€555
up €555 (+78.3%), from €708 to €1,263
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 | €39,658 | €45,087 | +€5,430 | +13.7% |
| Fixed assets | 21/28 | €3,078 | €4,016 | +€939 | +30.5% |
| Tangible fixed assets | 22/27 | €548 | €1,487 | +€939 | +171.3% |
| Furniture and vehicles | 24 | €548 | €1,487 | +€939 | +171.3% |
| Financial fixed assets | 28 | €2,529 | €2,529 | = | 0.0% |
| Current assets | 29/58 | €36,580 | €41,071 | +€4,491 | +12.3% |
| Stocks and contracts in progress | 3 | €935 | €1,856 | +€921 | +98.4% |
| Stocks | 30/36 | €935 | €1,856 | +€921 | +98.4% |
| Amounts receivable within one year | 40/41 | €30,638 | €34,371 | +€3,733 | +12.2% |
| Trade receivables | 40 | €29,038 | €33,704 | +€4,666 | +16.1% |
| Other amounts receivable | 41 | €1,600 | €667 | -€933 | -58.3% |
| Cash at bank and in hand | 54/58 | €5,007 | €3,630 | -€1,377 | -27.5% |
| Deferred charges and accrued income | 490/1 | - | €1,214 | +€1,214 | |
| Total equity and liabilities | 10/49 | €39,658 | €45,087 | +€5,430 | +13.7% |
| Equity | 10/15 | €10,399 | €7,272 | -€3,127 | -30.1% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Outside capital | 11 | €6,400 | €6,400 | = | 0.0% |
| Other | 1109/19 | €6,400 | €6,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,999 | €872 | -€3,127 | -78.2% |
| Amounts payable | 17/49 | €29,258 | €37,815 | +€8,557 | +29.2% |
| Amounts payable within one year | 42/48 | €29,258 | €37,815 | +€8,557 | +29.2% |
| Trade debts | 44 | €17,972 | €26,773 | +€8,801 | +49.0% |
| Suppliers | 440/4 | €17,972 | €26,773 | +€8,801 | +49.0% |
| Taxes, remuneration and social security | 45 | €11,286 | €8,926 | -€2,360 | -20.9% |
| Taxes | 450/3 | €5,951 | €4,320 | -€1,631 | -27.4% |
| Remuneration and social security | 454/9 | €5,335 | €4,606 | -€729 | -13.7% |
| Other amounts payable | 47/48 | - | €2,116 | +€2,116 | |
| Non-recurring operating income | 76A | - | €4,545 | +€4,545 | |
| Remuneration, social security and pensions | 62 | €4,455 | €7,805 | +€3,350 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €1,263 | +€555 | +78.3% |
| Other operating charges | 640/8 | €786 | €376 | -€410 | -52.2% |
| Gross operating margin | 9900 | €17,568 | €6,455 | -€11,113 | -63.3% |
| Operating profit (loss) | 9901 | €11,619 | -€2,989 | -€14,608 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €925 | €138 | -€787 | -85.1% |
| Recurring financial charges | 65 | €175 | €138 | -€37 | -21.2% |
| Non-recurring financial charges | 66B | €750 | - | -€750 | |
| Profit (loss) for the period before taxes | 9903 | €10,694 | -€3,127 | -€13,821 | |
| Income taxes | 67/77 | €650 | - | -€650 | |
| Profit (loss) for the period | 9904 | €10,045 | -€3,127 | -€13,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,045 | -€3,127 | -€13,172 |
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 29 September 2026 via checked.be.