MEVISCO: 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.
MEVISCO
Largest movements
- Receivables within one year +€10,203
up €10,203 (+43.0%), from €23,737 to €33,940
of which Trade receivables: +€12,888
- Cash -€8,192
down €8,192 (-72.6%), from €11,291 to €3,098
mainly Net result for the year (-€13,626) and Trade debts (-€12,557)
- Financial fixed assets -€8,000
no longer reported in 2025 (was €8,000)
- Tangible fixed assets -€4,299
down €4,299 (-34.7%), from €12,407 to €8,108
of which Plant, machinery and equipment: -€3,091
- Other debts +€25,148
up €25,148 (+375.4%), from €6,698 to €31,846
- Trade debts -€12,557
down €12,557 (-88.2%), from €14,234 to €1,677
- Profit (loss) carried forward -€9,372
new in 2025: -€9,372
- Tax, wage and social debts -€9,254
down €9,254 (-79.4%), from €11,648 to €2,395
of which Taxes: -€7,254
- Reserves -€4,255
no longer reported in 2025 (was €4,255)
- Gross operating margin -€29,440
down €29,440 (-97.3%), from €30,270 to €830
- Other operating charges -€16,996
down €16,996 (-98.2%), from €17,308 to €312
- Taxes -€2,229
down €2,229 (-90.1%), from €2,473 to €244
- Financial charges +€2,145
up €2,145 (+28.8%), from €7,456 to €9,601
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 | €55,434 | €45,146 | -€10,288 | -18.6% |
| Fixed assets | 21/28 | €20,407 | €8,108 | -€12,299 | -60.3% |
| Tangible fixed assets | 22/27 | €12,407 | €8,108 | -€4,299 | -34.7% |
| Plant, machinery and equipment | 23 | €9,333 | €6,242 | -€3,091 | -33.1% |
| Furniture and vehicles | 24 | €3,074 | €1,865 | -€1,208 | -39.3% |
| Financial fixed assets | 28 | €8,000 | - | -€8,000 | |
| Current assets | 29/58 | €35,028 | €37,039 | +€2,011 | +5.7% |
| Amounts receivable within one year | 40/41 | €23,737 | €33,940 | +€10,203 | +43.0% |
| Trade receivables | 40 | €16,025 | €28,913 | +€12,888 | +80.4% |
| Other amounts receivable | 41 | €7,713 | €5,027 | -€2,685 | -34.8% |
| Cash at bank and in hand | 54/58 | €11,291 | €3,098 | -€8,192 | -72.6% |
| Total equity and liabilities | 10/49 | €55,434 | €45,146 | -€10,288 | -18.6% |
| Equity | 10/15 | €22,855 | €9,229 | -€13,626 | -59.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,255 | - | -€4,255 | |
| Distributable reserves | 133 | €4,255 | - | -€4,255 | |
| Profit (loss) carried forward | 14 | - | -€9,372 | -€9,372 | |
| Amounts payable | 17/49 | €32,580 | €35,918 | +€3,338 | +10.2% |
| Amounts payable within one year | 42/48 | €32,580 | €35,918 | +€3,338 | +10.2% |
| Trade debts | 44 | €14,234 | €1,677 | -€12,557 | -88.2% |
| Suppliers | 440/4 | €14,234 | €1,677 | -€12,557 | -88.2% |
| Taxes, remuneration and social security | 45 | €11,648 | €2,395 | -€9,254 | -79.4% |
| Taxes | 450/3 | €9,648 | €2,395 | -€7,254 | -75.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €6,698 | €31,846 | +€25,148 | +375.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,299 | €4,299 | = | 0.0% |
| Other operating charges | 640/8 | €17,308 | €312 | -€16,996 | -98.2% |
| Gross operating margin | 9900 | €30,270 | €830 | -€29,440 | -97.3% |
| Operating profit (loss) | 9901 | €8,663 | -€3,780 | -€12,444 | |
| Financial income | 75/76B | €82 | €0 | -€82 | -100.0% |
| Recurring financial income | 75 | €82 | €0 | -€82 | -100.0% |
| Financial charges | 65/66B | €7,456 | €9,601 | +€2,145 | +28.8% |
| Recurring financial charges | 65 | €7,456 | €9,601 | +€2,145 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €1,289 | -€13,382 | -€14,671 | |
| Income taxes | 67/77 | €2,473 | €244 | -€2,229 | -90.1% |
| Profit (loss) for the period | 9904 | -€1,184 | -€13,626 | -€12,442 | -1051.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,184 | -€13,626 | -€12,442 | -1051.1% |
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 5 October 2026 via checked.be.