MeuDec: 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.
MeuDec
Largest movements
- Cash +€1.0m
up €1.0m (+1979.0%), from €52,871 to €1.1m
mainly Other debts (+€659,938) and Receivables within one year (+€598,505)
- Receivables within one year -€598,505
down €598,505 (-95.9%), from €623,921 to €25,416
of which Other amounts receivable: -€586,055
- Tangible fixed assets +€152,879
up €152,879 (+430.5%), from €35,508 to €188,387
of which Land and buildings: +€107,189
- Other debts +€659,938
up €659,938 (+429.4%), from €153,691 to €813,629
- Reserves -€65,794
down €65,794 (-15.8%), from €417,224 to €351,430
of which Distributable reserves: -€106,249
- Contributions +€14,928
up €14,928 (+14.9%), from €100,000 to €114,928
- Gross operating margin +€319,611
up €319,611 (+158.2%), from €202,065 to €521,676
- Taxes +€79,965
up €79,965 (+171.5%), from €46,619 to €126,584
- Depreciation +€13,887
up €13,887 (+66.0%), from €21,046 to €34,933
- Other operating charges +€9,607
up €9,607 (+475.0%), from €2,022 to €11,629
- Financial charges -€8,324
down €8,324 (-93.7%), from €8,884 to €560
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 | €716,595 | €1,315,829 | +€599,234 | +83.6% |
| Fixed assets | 21/28 | €35,508 | €188,387 | +€152,879 | +430.5% |
| Tangible fixed assets | 22/27 | €35,508 | €188,387 | +€152,879 | +430.5% |
| Land and buildings | 22 | - | €107,189 | +€107,189 | |
| Plant, machinery and equipment | 23 | €6,131 | €5,449 | -€682 | -11.1% |
| Furniture and vehicles | 24 | €29,377 | €75,749 | +€46,372 | +157.9% |
| Current assets | 29/58 | €681,087 | €1,127,442 | +€446,355 | +65.5% |
| Amounts receivable within one year | 40/41 | €623,921 | €25,416 | -€598,505 | -95.9% |
| Trade receivables | 40 | €12,450 | €0 | -€12,450 | -100.0% |
| Other amounts receivable | 41 | €611,471 | €25,416 | -€586,055 | -95.8% |
| Cash at bank and in hand | 54/58 | €52,871 | €1,099,207 | +€1.0m | +1979.0% |
| Deferred charges and accrued income | 490/1 | €4,295 | €2,819 | -€1,476 | -34.4% |
| Total equity and liabilities | 10/49 | €716,595 | €1,315,829 | +€599,234 | +83.6% |
| Equity | 10/15 | €517,224 | €466,358 | -€50,866 | -9.8% |
| Contributions | 10/11 | €100,000 | €114,928 | +€14,928 | +14.9% |
| Reserves | 13 | €417,224 | €351,430 | -€65,794 | -15.8% |
| Tax-exempt reserves | 132 | - | €40,455 | +€40,455 | |
| Distributable reserves | 133 | €417,224 | €310,975 | -€106,249 | -25.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €199,370 | €849,471 | +€650,101 | +326.1% |
| Amounts payable after more than one year | 17 | €12,396 | €0 | -€12,396 | -100.0% |
| Financial debts | 170/4 | €12,396 | €0 | -€12,396 | -100.0% |
| Amounts payable within one year | 42/48 | €186,974 | €849,471 | +€662,497 | +354.3% |
| Current portion of amounts payable after more than one year | 42 | €16,543 | €12,396 | -€4,147 | -25.1% |
| Trade debts | 44 | €5,320 | €17,870 | +€12,550 | +235.9% |
| Suppliers | 440/4 | €5,320 | €17,870 | +€12,550 | +235.9% |
| Taxes, remuneration and social security | 45 | €11,420 | €5,576 | -€5,844 | -51.2% |
| Taxes | 450/3 | €11,420 | €5,576 | -€5,844 | -51.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €153,691 | €813,629 | +€659,938 | +429.4% |
| Non-recurring operating income | 76A | - | €462,614 | +€462,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,046 | €34,933 | +€13,887 | +66.0% |
| Other operating charges | 640/8 | €2,022 | €11,629 | +€9,607 | +475.0% |
| Gross operating margin | 9900 | €202,065 | €521,676 | +€319,611 | +158.2% |
| Operating profit (loss) | 9901 | €178,996 | €475,113 | +€296,117 | +165.4% |
| Financial income | 75/76B | €19,756 | €17,754 | -€2,002 | -10.1% |
| Recurring financial income | 75 | €19,756 | €17,754 | -€2,002 | -10.1% |
| Financial charges | 65/66B | €8,884 | €560 | -€8,324 | -93.7% |
| Recurring financial charges | 65 | €8,884 | €560 | -€8,324 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €189,868 | €492,308 | +€302,440 | +159.3% |
| Income taxes | 67/77 | €46,619 | €126,584 | +€79,965 | +171.5% |
| Profit (loss) for the period | 9904 | €143,248 | €365,724 | +€222,476 | +155.3% |
| Profit (loss) for the period to be appropriated | 9905 | €143,248 | €365,724 | +€222,476 | +155.3% |
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.