MEVEBO: 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.
MEVEBO
Largest movements
- Tangible fixed assets -€23,144
down €23,144 (-20.2%), from €114,621 to €91,477
of which Furniture and vehicles: -€13,528
- Receivables within one year +€13,492
up €13,492 (+183%), from €7,387 to €20,879
of which Trade receivables: +€14,172
- Cash +€4,194
up €4,194 (+167%), from €2,514 to €6,708
mainly Depreciation (+€23,144) and Net result for the year (+€16,115)
- Profit (loss) carried forward +€16,115
up €16,115 (+22.3%), from -€72,412 to -€56,297
- Other debts -€14,237
down €14,237 (-28.2%), from €50,569 to €36,332
- Debts after one year -€10,889
down €10,889 (-9.2%), from €118,858 to €107,970
- Trade debts +€2,434
up €2,434 (+208%), from €1,169 to €3,603
- Tax, wage and social debts +€1,256
up €1,256 (+328%), from €383 to €1,640
- Gross operating margin +€12,032
up €12,032 (+36.0%), from €33,416 to €45,448
- Financial charges -€514
down €514 (-14.0%), from €3,670 to €3,156
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 | €125,489 | €120,626 | -€4,863 | -3.9% |
| Fixed assets | 21/28 | €114,621 | €91,477 | -€23,144 | -20.2% |
| Tangible fixed assets | 22/27 | €114,621 | €91,477 | -€23,144 | -20.2% |
| Land and buildings | 22 | €94,592 | €84,976 | -€9,616 | -10.2% |
| Furniture and vehicles | 24 | €20,029 | €6,501 | -€13,528 | -67.5% |
| Current assets | 29/58 | €10,868 | €29,149 | +€18,281 | +168% |
| Amounts receivable within one year | 40/41 | €7,387 | €20,879 | +€13,492 | +183% |
| Trade receivables | 40 | €6,658 | €20,830 | +€14,172 | +213% |
| Other amounts receivable | 41 | €729 | €49 | -€680 | -93.2% |
| Cash at bank and in hand | 54/58 | €2,514 | €6,708 | +€4,194 | +167% |
| Deferred charges and accrued income | 490/1 | €967 | €1,562 | +€595 | +61.6% |
| Total equity and liabilities | 10/49 | €125,489 | €120,626 | -€4,863 | -3.9% |
| Equity | 10/15 | -€55,921 | -€39,807 | +€16,115 | +28.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €9,491 | €9,491 | = | 0.0% |
| Distributable reserves | 133 | €9,491 | €9,491 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,412 | -€56,297 | +€16,115 | +22.3% |
| Amounts payable | 17/49 | €181,410 | €160,433 | -€20,978 | -11.6% |
| Amounts payable after more than one year | 17 | €118,858 | €107,970 | -€10,889 | -9.2% |
| Financial debts | 170/4 | €118,858 | €107,970 | -€10,889 | -9.2% |
| Amounts payable within one year | 42/48 | €62,552 | €52,463 | -€10,089 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €10,431 | €10,889 | +€458 | +4.4% |
| Trade debts | 44 | €1,169 | €3,603 | +€2,434 | +208% |
| Suppliers | 440/4 | €1,169 | €3,603 | +€2,434 | +208% |
| Taxes, remuneration and social security | 45 | €383 | €1,640 | +€1,256 | +328% |
| Taxes | 450/3 | €383 | €1,640 | +€1,256 | +328% |
| Other amounts payable | 47/48 | €50,569 | €36,332 | -€14,237 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,291 | €23,144 | -€147 | -0.6% |
| Other operating charges | 640/8 | €2,778 | €2,652 | -€126 | -4.5% |
| Gross operating margin | 9900 | €33,416 | €45,448 | +€12,032 | +36.0% |
| Operating profit (loss) | 9901 | €7,348 | €19,652 | +€12,305 | +167% |
| Financial charges | 65/66B | €3,670 | €3,156 | -€514 | -14.0% |
| Recurring financial charges | 65 | €3,670 | €3,156 | -€514 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €3,678 | €16,496 | +€12,819 | +349% |
| Income taxes | 67/77 | €383 | €381 | -€2 | -0.5% |
| Profit (loss) for the period | 9904 | €3,294 | €16,115 | +€12,821 | +389% |
| Profit (loss) for the period to be appropriated | 9905 | €3,294 | €16,115 | +€12,821 | +389% |
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 23 October 2026 via checked.be.