MESOFA: 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.
MESOFA
Largest movements
- Stocks and contracts -€24,073
no longer reported in 2024 (was €24,073)
- Cash -€16,651
down €16,651 (-54.5%), from €30,534 to €13,883
mainly Trade debts (-€81,452) and Tax, wage and social debts (-€13,886)
- Receivables within one year -€2,451
down €2,451 (-7.9%), from €31,127 to €28,676
of which Trade receivables: -€7,153
- Trade debts -€81,452
down €81,452 (-80.6%), from €101,044 to €19,593
- Profit (loss) carried forward +€69,713
up €69,713, from -€56,464 to €13,248
- Tax, wage and social debts -€13,886
down €13,886 (-74.5%), from €18,630 to €4,744
of which Taxes: -€8,473
- Other debts -€10,709
no longer reported in 2024 (was €10,709)
- Advances received -€6,428
no longer reported in 2024 (was €6,428)
- Gross operating margin +€53,952
up €53,952 (+87.4%), from €61,713 to €115,666
- Taxes -€8,473
new in 2024: -€8,473
- Write-downs -€6,894
no longer reported in 2024 (was €6,894)
- Staff costs +€2,396
up €2,396 (+4.8%), from €50,150 to €52,546
- Other operating charges -€1,515
down €1,515 (-49.2%), from €3,081 to €1,566
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 | €97,268 | €54,112 | -€43,156 | -44.4% |
| Fixed assets | 21/28 | €11,535 | €11,535 | = | 0.0% |
| Financial fixed assets | 28 | €11,535 | €11,535 | = | 0.0% |
| Current assets | 29/58 | €85,733 | €42,577 | -€43,156 | -50.3% |
| Stocks and contracts in progress | 3 | €24,073 | - | -€24,073 | |
| Stocks | 30/36 | €24,073 | - | -€24,073 | |
| Amounts receivable within one year | 40/41 | €31,127 | €28,676 | -€2,451 | -7.9% |
| Trade receivables | 40 | €23,718 | €16,565 | -€7,153 | -30.2% |
| Other amounts receivable | 41 | €7,409 | €12,111 | +€4,703 | +63.5% |
| Cash at bank and in hand | 54/58 | €30,534 | €13,883 | -€16,651 | -54.5% |
| Deferred charges and accrued income | 490/1 | - | €19 | +€19 | |
| Total equity and liabilities | 10/49 | €97,268 | €54,112 | -€43,156 | -44.4% |
| Equity | 10/15 | -€39,937 | €29,775 | +€69,713 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €16,526 | €16,526 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,526 | €16,526 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,526 | €16,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,464 | €13,248 | +€69,713 | |
| Amounts payable | 17/49 | €137,206 | €24,337 | -€112,869 | -82.3% |
| Amounts payable within one year | 42/48 | €137,206 | €24,337 | -€112,869 | -82.3% |
| Current portion of amounts payable after more than one year | 42 | €394 | - | -€394 | |
| Trade debts | 44 | €101,044 | €19,593 | -€81,452 | -80.6% |
| Suppliers | 440/4 | €101,044 | €19,593 | -€81,452 | -80.6% |
| Advances received on contracts in progress | 46 | €6,428 | - | -€6,428 | |
| Taxes, remuneration and social security | 45 | €18,630 | €4,744 | -€13,886 | -74.5% |
| Taxes | 450/3 | €8,531 | €58 | -€8,473 | -99.3% |
| Remuneration and social security | 454/9 | €10,099 | €4,686 | -€5,413 | -53.6% |
| Other amounts payable | 47/48 | €10,709 | - | -€10,709 | |
| Non-recurring operating income | 76A | €277 | €3,000 | +€2,723 | +984% |
| Remuneration, social security and pensions | 62 | €50,150 | €52,546 | +€2,396 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,894 | - | -€6,894 | |
| Other operating charges | 640/8 | €3,081 | €1,566 | -€1,515 | -49.2% |
| Gross operating margin | 9900 | €61,713 | €115,666 | +€53,952 | +87.4% |
| Operating profit (loss) | 9901 | €1,588 | €61,554 | +€59,966 | +3,776% |
| Financial charges | 65/66B | €565 | €314 | -€251 | -44.4% |
| Recurring financial charges | 65 | €565 | €314 | -€251 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €1,023 | €61,240 | +€60,217 | +5,887% |
| Income taxes | 67/77 | - | -€8,473 | -€8,473 | |
| Profit (loss) for the period | 9904 | €1,023 | €69,713 | +€68,690 | +6,715% |
| Profit (loss) for the period to be appropriated | 9905 | €1,023 | €69,713 | +€68,690 | +6,715% |
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 13 October 2026 via checked.be.