Mevex: 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.
Mevex
Largest movements
- Cash +€60,968
up €60,968 (+3,051%), from €1,998 to €62,967
mainly Net result for the year (+€75,700) and Depreciation (+€5,833)
- Tangible fixed assets -€5,833
down €5,833 (-78.3%), from €7,448 to €1,614
- Reserves +€75,700
up €75,700 (+24.5%), from €309,122 to €384,822
- Debts after one year -€11,174
down €11,174 (-15.7%), from €71,241 to €60,067
- Tax, wage and social debts -€7,576
down €7,576 (-93.6%), from €8,094 to €518
- Gross operating margin +€7,695
up €7,695 (+7.9%), from €97,080 to €104,776
- Taxes +€1,666
up €1,666 (+9.0%), from €18,439 to €20,105
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 | €473,007 | €529,581 | +€56,574 | +12.0% |
| Fixed assets | 21/28 | €457,448 | €451,614 | -€5,833 | -1.3% |
| Tangible fixed assets | 22/27 | €7,448 | €1,614 | -€5,833 | -78.3% |
| Furniture and vehicles | 24 | €7,448 | €1,614 | -€5,833 | -78.3% |
| Financial fixed assets | 28 | €450,000 | €450,000 | = | 0.0% |
| Current assets | 29/58 | €15,559 | €77,967 | +€62,407 | +401% |
| Amounts receivable within one year | 40/41 | €13,561 | €15,000 | +€1,439 | +10.6% |
| Trade receivables | 40 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Other amounts receivable | 41 | €1,561 | - | -€1,561 | |
| Cash at bank and in hand | 54/58 | €1,998 | €62,967 | +€60,968 | +3,051% |
| Total equity and liabilities | 10/49 | €473,007 | €529,581 | +€56,574 | +12.0% |
| Equity | 10/15 | €327,722 | €403,422 | +€75,700 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €309,122 | €384,822 | +€75,700 | +24.5% |
| Distributable reserves | 133 | €309,122 | €384,822 | +€75,700 | +24.5% |
| Amounts payable | 17/49 | €145,285 | €126,159 | -€19,126 | -13.2% |
| Amounts payable after more than one year | 17 | €71,241 | €60,067 | -€11,174 | -15.7% |
| Financial debts | 170/4 | €71,241 | €60,067 | -€11,174 | -15.7% |
| Amounts payable within one year | 42/48 | €74,044 | €66,092 | -€7,952 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €33,280 | €32,174 | -€1,106 | -3.3% |
| Financial debts | 43 | €6,827 | €6,811 | -€16 | -0.2% |
| Credit institutions | 430/8 | €6,827 | €6,811 | -€16 | -0.2% |
| Trade debts | 44 | €309 | €476 | +€168 | +54.4% |
| Suppliers | 440/4 | €309 | €476 | +€168 | +54.4% |
| Taxes, remuneration and social security | 45 | €8,094 | €518 | -€7,576 | -93.6% |
| Taxes | 450/3 | €8,094 | €518 | -€7,576 | -93.6% |
| Other amounts payable | 47/48 | €25,534 | €26,112 | +€578 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,833 | €5,833 | = | 0.0% |
| Other operating charges | 640/8 | €837 | €713 | -€124 | -14.8% |
| Gross operating margin | 9900 | €97,080 | €104,776 | +€7,695 | +7.9% |
| Operating profit (loss) | 9901 | €90,410 | €98,229 | +€7,819 | +8.6% |
| Financial charges | 65/66B | €3,242 | €2,424 | -€818 | -25.2% |
| Recurring financial charges | 65 | €3,242 | €2,424 | -€818 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €87,167 | €95,805 | +€8,637 | +9.9% |
| Income taxes | 67/77 | €18,439 | €20,105 | +€1,666 | +9.0% |
| Profit (loss) for the period | 9904 | €68,729 | €75,700 | +€6,971 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,729 | €75,700 | +€6,971 | +10.1% |
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 14 October 2026 via checked.be.