MESUWA: 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.
MESUWA
Largest movements
- Receivables within one year -€1,642
down €1,642 (-15.3%), from €10,714 to €9,072
- Trade debts -€3,811
down €3,811 (-87.2%), from €4,372 to €561
- Profit (loss) carried forward +€2,596
up €2,596 (+0.7%), from -€398,011 to -€395,415
- Gross operating margin -€5,403
down €5,403 (-45.5%), from €11,876 to €6,473
- Financial charges -€205
down €205 (-78.8%), from €259 to €55
- Other operating charges +€136
up €136 (+3.7%), from €3,685 to €3,822
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.
Derived cash bridge
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 | €65,584 | €64,369 | -€1,215 | -1.9% |
| Fixed assets | 21/28 | €52,931 | €52,931 | = | 0.0% |
| Tangible fixed assets | 22/27 | €52,931 | €52,931 | = | 0.0% |
| Land and buildings | 22 | €52,931 | €52,931 | = | 0.0% |
| Current assets | 29/58 | €12,652 | €11,437 | -€1,215 | -9.6% |
| Amounts receivable within one year | 40/41 | €10,714 | €9,072 | -€1,642 | -15.3% |
| Other amounts receivable | 41 | €10,714 | €9,072 | -€1,642 | -15.3% |
| Cash at bank and in hand | 54/58 | €9 | €24 | +€15 | +177% |
| Deferred charges and accrued income | 490/1 | €1,930 | €2,342 | +€412 | +21.3% |
| Total equity and liabilities | 10/49 | €65,584 | €64,369 | -€1,215 | -1.9% |
| Equity | 10/15 | €61,212 | €63,808 | +€2,596 | +4.2% |
| Contributions | 10/11 | €459,223 | €459,223 | = | 0.0% |
| Capital | 10 | €459,223 | €459,223 | = | 0.0% |
| Issued capital | 100 | €459,223 | €459,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€398,011 | -€395,415 | +€2,596 | +0.7% |
| Amounts payable | 17/49 | €4,372 | €561 | -€3,811 | -87.2% |
| Amounts payable within one year | 42/48 | €4,372 | €561 | -€3,811 | -87.2% |
| Trade debts | 44 | €4,372 | €561 | -€3,811 | -87.2% |
| Suppliers | 440/4 | €4,372 | €561 | -€3,811 | -87.2% |
| Non-recurring operating income | 76A | €4,858 | - | -€4,858 | |
| Other operating charges | 640/8 | €3,685 | €3,822 | +€136 | +3.7% |
| Gross operating margin | 9900 | €11,876 | €6,473 | -€5,403 | -45.5% |
| Operating profit (loss) | 9901 | €8,191 | €2,651 | -€5,539 | -67.6% |
| Financial charges | 65/66B | €259 | €55 | -€205 | -78.8% |
| Recurring financial charges | 65 | €259 | €55 | -€205 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | €7,931 | €2,596 | -€5,335 | -67.3% |
| Profit (loss) for the period | 9904 | €7,931 | €2,596 | -€5,335 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,931 | €2,596 | -€5,335 | -67.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.