MeSaMan: 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.
MeSaMan
Largest movements
- Receivables within one year -€563,572
down €563,572 (-96.5%), from €583,993 to €20,421
of which Other amounts receivable: -€556,632
- Financial fixed assets -€285,198
down €285,198 (-10.6%), from €2.7m to €2.4m
- Reserves -€822,663
down €822,663 (-24.9%), from €3.3m to €2.5m
of which Distributable reserves: -€822,663
- Debts after one year -€37,364
down €37,364 (-74.8%), from €49,962 to €12,597
- Financial income -€2.6m
down €2.6m (-90.7%), from €2.9m to €270,021
of which Financial income: -€2.9m
- Depreciation +€6,068
up €6,068 (+211%), from €2,875 to €8,943
- Gross operating margin +€3,246
up €3,246 (+11.8%), from -€27,599 to -€24,353
- Other operating charges +€1,411
up €1,411 (+226%), from €625 to €2,037
- Financial charges -€693
down €693 (-31.4%), from €2,206 to €1,513
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.
Derived cash bridge
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 | €3,429,719 | €2,561,308 | -€868,411 | -25.3% |
| Fixed assets | 21/28 | €2,754,978 | €2,473,184 | -€281,795 | -10.2% |
| Tangible fixed assets | 22/27 | €52,668 | €56,071 | +€3,403 | +6.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,260 | €24,414 | -€3,845 | -13.6% |
| Other tangible fixed assets | 26 | €24,409 | €31,657 | +€7,248 | +29.7% |
| Financial fixed assets | 28 | €2,702,310 | €2,417,112 | -€285,198 | -10.6% |
| Current assets | 29/58 | €674,740 | €88,125 | -€586,616 | -86.9% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €583,993 | €20,421 | -€563,572 | -96.5% |
| Trade receivables | 40 | €16,940 | €10,000 | -€6,940 | -41.0% |
| Other amounts receivable | 41 | €567,053 | €10,421 | -€556,632 | -98.2% |
| Cash at bank and in hand | 54/58 | €77,502 | €54,015 | -€23,487 | -30.3% |
| Deferred charges and accrued income | 490/1 | €3,245 | €3,689 | +€444 | +13.7% |
| Total equity and liabilities | 10/49 | €3,429,719 | €2,561,308 | -€868,411 | -25.3% |
| Equity | 10/15 | €3,325,237 | €2,502,574 | -€822,663 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,306,637 | €2,483,974 | -€822,663 | -24.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,306,637 | €2,483,974 | -€822,663 | -24.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €104,481 | €58,734 | -€45,747 | -43.8% |
| Amounts payable after more than one year | 17 | €49,962 | €12,597 | -€37,364 | -74.8% |
| Financial debts | 170/4 | €49,962 | €12,597 | -€37,364 | -74.8% |
| Amounts payable within one year | 42/48 | €54,520 | €46,137 | -€8,383 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €36,726 | €37,364 | +€638 | +1.7% |
| Trade debts | 44 | €13,812 | €5,120 | -€8,692 | -62.9% |
| Suppliers | 440/4 | €13,812 | €5,120 | -€8,692 | -62.9% |
| Taxes, remuneration and social security | 45 | €3,000 | €1,330 | -€1,670 | -55.7% |
| Taxes | 450/3 | €1,895 | €225 | -€1,670 | -88.1% |
| Remuneration and social security | 454/9 | €1,105 | €1,105 | = | 0.0% |
| Other amounts payable | 47/48 | €982 | €2,322 | +€1,341 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,875 | €8,943 | +€6,068 | +211% |
| Other operating charges | 640/8 | €625 | €2,037 | +€1,411 | +226% |
| Gross operating margin | 9900 | -€27,599 | -€24,353 | +€3,246 | +11.8% |
| Operating profit (loss) | 9901 | -€31,099 | -€35,332 | -€4,233 | -13.6% |
| Financial income | 75/76B | €2,904,373 | €270,021 | -€2.6m | -90.7% |
| Recurring financial income | 75 | €2,904,373 | €4,983 | -€2.9m | -99.8% |
| Non-recurring financial income | 76B | - | €265,038 | +€265,038 | |
| Financial charges | 65/66B | €2,206 | €1,513 | -€693 | -31.4% |
| Recurring financial charges | 65 | €2,206 | €1,513 | -€693 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €2,871,069 | €233,177 | -€2.6m | -91.9% |
| Income taxes | 67/77 | €216 | €92 | -€124 | -57.5% |
| Profit (loss) for the period | 9904 | €2,870,853 | €233,085 | -€2.6m | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,870,853 | €233,085 | -€2.6m | -91.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.