MESO: 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.
MESO
Largest movements
- Receivables within one year +€48,876
up €48,876 (+190.8%), from €25,612 to €74,488
of which Other amounts receivable: +€25,806
- Cash -€17,276
down €17,276 (-70.6%), from €24,454 to €7,178
mainly Debts after one year (-€71,031) and Contributions, distributions and other (-€54,142)
- Tangible fixed assets +€16,191
up €16,191 (+3.5%), from €464,982 to €481,173
of which Furniture and vehicles: +€19,567
- Current investments -€7,718
down €7,718 (-12.0%), from €64,539 to €56,820
- Debts after one year -€71,031
down €71,031 (-42.1%), from €168,521 to €97,491
- Reserves +€42,471
up €42,471 (+12.2%), from €347,645 to €390,116
of which Distributable reserves: +€44,331
- Other debts +€42,102
up €42,102 (+461.4%), from €9,126 to €51,228
- Accrued charges and deferred income +€22,510
new in 2024: €22,510
- Tax, wage and social debts +€9,847
up €9,847 (+88.1%), from €11,174 to €21,020
of which Taxes: +€12,794
- Gross operating margin +€4,016
up €4,016 (+2.5%), from €159,390 to €163,406
- Taxes +€2,191
up €2,191 (+5.8%), from €38,007 to €40,197
- Other operating charges -€1,667
down €1,667 (-43.0%), from €3,879 to €2,211
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 | €585,929 | €626,271 | +€40,341 | +6.9% |
| Fixed assets | 21/28 | €464,982 | €481,173 | +€16,191 | +3.5% |
| Tangible fixed assets | 22/27 | €464,982 | €481,173 | +€16,191 | +3.5% |
| Land and buildings | 22 | €461,114 | €448,568 | -€12,546 | -2.7% |
| Furniture and vehicles | 24 | €3,868 | €23,435 | +€19,567 | +505.9% |
| Assets under construction and advance payments | 27 | - | €9,170 | +€9,170 | |
| Current assets | 29/58 | €120,947 | €145,098 | +€24,150 | +20.0% |
| Amounts receivable within one year | 40/41 | €25,612 | €74,488 | +€48,876 | +190.8% |
| Trade receivables | 40 | €24,318 | €47,389 | +€23,070 | +94.9% |
| Other amounts receivable | 41 | €1,293 | €27,099 | +€25,806 | +1995.3% |
| Current investments | 50/53 | €64,539 | €56,820 | -€7,718 | -12.0% |
| Cash at bank and in hand | 54/58 | €24,454 | €7,178 | -€17,276 | -70.6% |
| Deferred charges and accrued income | 490/1 | €6,343 | €6,611 | +€268 | +4.2% |
| Total equity and liabilities | 10/49 | €585,929 | €626,271 | +€40,341 | +6.9% |
| Equity | 10/15 | €366,245 | €408,716 | +€42,471 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €347,645 | €390,116 | +€42,471 | +12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €345,785 | €390,116 | +€44,331 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €219,684 | €217,554 | -€2,130 | -1.0% |
| Amounts payable after more than one year | 17 | €168,521 | €97,491 | -€71,031 | -42.1% |
| Financial debts | 170/4 | €168,521 | €97,491 | -€71,031 | -42.1% |
| Amounts payable within one year | 42/48 | €51,163 | €97,554 | +€46,391 | +90.7% |
| Current portion of amounts payable after more than one year | 42 | €29,499 | €22,934 | -€6,565 | -22.3% |
| Financial debts | 43 | - | €345 | +€345 | |
| Other loans | 439 | - | €345 | +€345 | |
| Trade debts | 44 | €1,364 | €2,027 | +€663 | +48.6% |
| Suppliers | 440/4 | €1,364 | €2,027 | +€663 | +48.6% |
| Taxes, remuneration and social security | 45 | €11,174 | €21,020 | +€9,847 | +88.1% |
| Taxes | 450/3 | €8,227 | €21,020 | +€12,794 | +155.5% |
| Remuneration and social security | 454/9 | €2,947 | €0 | -€2,947 | -100.0% |
| Other amounts payable | 47/48 | €9,126 | €51,228 | +€42,102 | +461.4% |
| Accrued charges and deferred income | 492/3 | - | €22,510 | +€22,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,336 | €18,255 | +€919 | +5.3% |
| Other operating charges | 640/8 | €3,879 | €2,211 | -€1,667 | -43.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €159,390 | €163,406 | +€4,016 | +2.5% |
| Operating profit (loss) | 9901 | €138,175 | €142,939 | +€4,764 | +3.4% |
| Financial income | 75/76B | €267 | €1,670 | +€1,403 | +526.2% |
| Recurring financial income | 75 | €267 | €1,670 | +€1,403 | +526.2% |
| Financial charges | 65/66B | €8,937 | €7,799 | -€1,138 | -12.7% |
| Recurring financial charges | 65 | €8,937 | €7,799 | -€1,138 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €129,505 | €136,811 | +€7,305 | +5.6% |
| Income taxes | 67/77 | €38,007 | €40,197 | +€2,191 | +5.8% |
| Profit (loss) for the period | 9904 | €91,499 | €96,613 | +€5,114 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,499 | €96,613 | +€5,114 | +5.6% |
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.