MEVALO: 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.
MEVALO
Largest movements
- Cash +€15,957
up €15,957 (+119%), from €13,428 to €29,385
mainly Net result for the year (+€15,527) and Trade debts (+€5,166)
- Deferred charges and accrued income +€1,195
new in 2025: €1,195
- Receivables within one year +€699
up €699 (+190%), from €368 to €1,067
of which Trade receivables: +€870
- Profit (loss) carried forward +€15,527
up €15,527 (+1.3%), from -€1.2m to -€1.1m
- Other debts -€5,877
down €5,877 (-1.8%), from €319,178 to €313,301
- Trade debts +€5,166
up €5,166 (+291%), from €1,777 to €6,943
- Tax, wage and social debts +€3,027
up €3,027 (+99.5%), from €3,042 to €6,069
- Gross operating margin +€8,429
up €8,429 (+65.1%), from €12,958 to €21,387
- Taxes +€1,700
up €1,700 (+55.9%), from €3,042 to €4,742
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 | €13,847 | €31,647 | +€17,800 | +129% |
| Fixed assets | 21/28 | €50 | - | -€50 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €13,797 | €31,647 | +€17,850 | +129% |
| Amounts receivable within one year | 40/41 | €368 | €1,067 | +€699 | +190% |
| Trade receivables | 40 | €197 | €1,067 | +€870 | +440% |
| Other amounts receivable | 41 | €171 | - | -€171 | |
| Cash at bank and in hand | 54/58 | €13,428 | €29,385 | +€15,957 | +119% |
| Deferred charges and accrued income | 490/1 | - | €1,195 | +€1,195 | |
| Total equity and liabilities | 10/49 | €13,847 | €31,647 | +€17,800 | +129% |
| Equity | 10/15 | -€310,193 | -€294,666 | +€15,527 | +5.0% |
| Contributions | 10/11 | €814,348 | €814,348 | = | 0.0% |
| Contributions outside capital | 11 | €814,348 | €814,348 | = | 0.0% |
| Share premium | 1100/10 | €511,540 | €814,348 | +€302,808 | +59.2% |
| Other | 1109/19 | €302,808 | - | -€302,808 | |
| Reserves | 13 | €30,281 | €30,281 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,281 | €30,281 | = | 0.0% |
| Legal reserve | 130 | €30,281 | €30,281 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,154,821 | -€1,139,294 | +€15,527 | +1.3% |
| Amounts payable | 17/49 | €324,039 | €326,313 | +€2,273 | +0.7% |
| Amounts payable within one year | 42/48 | €323,996 | €326,313 | +€2,317 | +0.7% |
| Trade debts | 44 | €1,777 | €6,943 | +€5,166 | +291% |
| Suppliers | 440/4 | €1,777 | €6,943 | +€5,166 | +291% |
| Taxes, remuneration and social security | 45 | €3,042 | €6,069 | +€3,027 | +99.5% |
| Taxes | 450/3 | €3,042 | €6,069 | +€3,027 | +99.5% |
| Other amounts payable | 47/48 | €319,178 | €313,301 | -€5,877 | -1.8% |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Non-recurring operating income | 76A | - | €10,676 | +€10,676 | |
| Other operating charges | 640/8 | €795 | €983 | +€188 | +23.7% |
| Gross operating margin | 9900 | €12,958 | €21,387 | +€8,429 | +65.1% |
| Operating profit (loss) | 9901 | €12,163 | €20,404 | +€8,241 | +67.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +89.5% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +89.5% |
| Financial charges | 65/66B | €102 | €135 | +€33 | +32.2% |
| Recurring financial charges | 65 | €102 | €135 | +€33 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €12,061 | €20,269 | +€8,208 | +68.1% |
| Income taxes | 67/77 | €3,042 | €4,742 | +€1,700 | +55.9% |
| Profit (loss) for the period | 9904 | €9,019 | €15,527 | +€6,508 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,019 | €15,527 | +€6,508 | +72.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.