MEVINA: 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.
MEVINA
Largest movements
- Receivables within one year +€43,263
up €43,263 (+156%), from €27,792 to €71,055
of which Trade receivables: +€42,728
- Cash -€22,191
down €22,191 (-80.2%), from €27,655 to €5,464
mainly Receivables within one year (-€43,263) and Tax, wage and social debts (-€10,330)
- Tangible fixed assets -€3,129
down €3,129 (-8.1%), from €38,711 to €35,582
of which Land and buildings: -€3,956
- Financial fixed assets +€2,000
new in 2025: €2,000
- Trade debts +€15,886
up €15,886 (+34.0%), from €46,703 to €62,589
- Profit (loss) carried forward +€10,614
up €10,614, from -€479 to €10,134
- Tax, wage and social debts -€10,330
down €10,330 (-51.9%), from €19,899 to €9,569
of which Taxes: -€10,030
- Other debts +€3,774
up €3,774 (+15.0%), from €25,240 to €29,014
- Turnover -€359,267
no longer reported in 2025 (was €359,267)
- Purchases and services -€348,413
no longer reported in 2025 (was €348,413)
- Gross operating margin +€12,780
up €12,780 (+109%), from €11,672 to €24,453
- Taxes +€6,989
new in 2025: €6,989
- Other operating charges -€4,806
down €4,806 (-86.1%), from €5,580 to €774
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 | €94,363 | €114,306 | +€19,943 | +21.1% |
| Fixed assets | 21/28 | €38,711 | €37,582 | -€1,129 | -2.9% |
| Tangible fixed assets | 22/27 | €38,711 | €35,582 | -€3,129 | -8.1% |
| Land and buildings | 22 | €38,375 | €34,418 | -€3,956 | -10.3% |
| Plant, machinery and equipment | 23 | €336 | €1,163 | +€827 | +246% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €55,652 | €76,724 | +€21,073 | +37.9% |
| Amounts receivable within one year | 40/41 | €27,792 | €71,055 | +€43,263 | +156% |
| Trade receivables | 40 | €27,445 | €70,173 | +€42,728 | +156% |
| Other amounts receivable | 41 | €347 | €882 | +€535 | +154% |
| Cash at bank and in hand | 54/58 | €27,655 | €5,464 | -€22,191 | -80.2% |
| Deferred charges and accrued income | 490/1 | €205 | €206 | +€1 | +0.5% |
| Total equity and liabilities | 10/49 | €94,363 | €114,306 | +€19,943 | +21.1% |
| Equity | 10/15 | €2,521 | €13,134 | +€10,614 | +421% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€479 | €10,134 | +€10,614 | |
| Amounts payable | 17/49 | €91,842 | €101,171 | +€9,330 | +10.2% |
| Amounts payable within one year | 42/48 | €91,842 | €101,171 | +€9,330 | +10.2% |
| Trade debts | 44 | €46,703 | €62,589 | +€15,886 | +34.0% |
| Suppliers | 440/4 | €46,703 | €62,589 | +€15,886 | +34.0% |
| Taxes, remuneration and social security | 45 | €19,899 | €9,569 | -€10,330 | -51.9% |
| Taxes | 450/3 | €19,599 | €9,569 | -€10,030 | -51.2% |
| Remuneration and social security | 454/9 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €25,240 | €29,014 | +€3,774 | +15.0% |
| Turnover | 70 | €359,267 | - | -€359,267 | |
| Non-recurring operating income | 76A | €818 | - | -€818 | |
| Goods, raw materials, services and sundry goods | 60/61 | €348,413 | - | -€348,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,975 | €4,162 | -€813 | -16.3% |
| Other operating charges | 640/8 | €5,580 | €774 | -€4,806 | -86.1% |
| Gross operating margin | 9900 | €11,672 | €24,453 | +€12,780 | +109% |
| Operating profit (loss) | 9901 | €1,118 | €19,516 | +€18,399 | +1,646% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,597 | €1,914 | +€317 | +19.8% |
| Recurring financial charges | 65 | €1,597 | €1,914 | +€317 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€479 | €17,603 | +€18,082 | |
| Income taxes | 67/77 | - | €6,989 | +€6,989 | |
| Profit (loss) for the period | 9904 | -€479 | €10,614 | +€11,093 | |
| Profit (loss) for the period to be appropriated | 9905 | -€479 | €10,614 | +€11,093 |
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 20 October 2026 via checked.be.