MEVROUW: 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.
MEVROUW
Largest movements
- Tangible fixed assets -€14,145
down €14,145 (-23.7%), from €59,660 to €45,515
of which Furniture and vehicles: -€11,814
- Cash +€5,827
up €5,827 (+14.9%), from €38,993 to €44,820
mainly Depreciation (+€15,904) and Stocks and contracts (+€5,708)
- Stocks and contracts -€5,708
down €5,708 (-2.5%), from €232,654 to €226,946
- Reserves -€6,500
down €6,500 (-3.6%), from €178,400 to €171,900
- Profit (loss) carried forward -€6,484
down €6,484, from €142 to -€6,342
- Gross operating margin -€17,467
down €17,467 (-74.7%), from €23,370 to €5,903
- Taxes -€2,857
down €2,857 (-93.6%), from €3,053 to €196
- Depreciation +€318
up €318 (+2.0%), from €15,586 to €15,904
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,818 | €324,574 | -€14,244 | -4.2% |
| Fixed assets | 21/28 | €59,660 | €45,515 | -€14,145 | -23.7% |
| Tangible fixed assets | 22/27 | €59,660 | €45,515 | -€14,145 | -23.7% |
| Plant, machinery and equipment | 23 | €6,934 | €4,602 | -€2,332 | -33.6% |
| Furniture and vehicles | 24 | €52,726 | €40,912 | -€11,814 | -22.4% |
| Current assets | 29/58 | €279,158 | €279,059 | -€99 | 0.0% |
| Stocks and contracts in progress | 3 | €232,654 | €226,946 | -€5,708 | -2.5% |
| Stocks | 30/36 | €232,654 | €226,946 | -€5,708 | -2.5% |
| Amounts receivable within one year | 40/41 | €3,132 | €2,800 | -€332 | -10.6% |
| Trade receivables | 40 | €1,182 | - | -€1,182 | |
| Other amounts receivable | 41 | €1,950 | €2,800 | +€850 | +43.6% |
| Cash at bank and in hand | 54/58 | €38,993 | €44,820 | +€5,827 | +14.9% |
| Deferred charges and accrued income | 490/1 | €4,379 | €4,493 | +€114 | +2.6% |
| Total equity and liabilities | 10/49 | €338,818 | €324,574 | -€14,244 | -4.2% |
| Equity | 10/15 | €318,542 | €305,558 | -€12,984 | -4.1% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €178,400 | €171,900 | -€6,500 | -3.6% |
| Distributable reserves | 133 | €178,400 | €171,900 | -€6,500 | -3.6% |
| Profit (loss) carried forward | 14 | €142 | -€6,342 | -€6,484 | |
| Amounts payable | 17/49 | €20,276 | €19,015 | -€1,260 | -6.2% |
| Amounts payable within one year | 42/48 | €17,676 | €16,415 | -€1,260 | -7.1% |
| Trade debts | 44 | €3,387 | €3,294 | -€93 | -2.7% |
| Suppliers | 440/4 | €3,387 | €3,294 | -€93 | -2.7% |
| Taxes, remuneration and social security | 45 | €5,289 | €6,622 | +€1,332 | +25.2% |
| Taxes | 450/3 | €5,289 | €6,622 | +€1,332 | +25.2% |
| Other amounts payable | 47/48 | €9,000 | €6,500 | -€2,500 | -27.8% |
| Accrued charges and deferred income | 492/3 | €2,600 | €2,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,586 | €15,904 | +€318 | +2.0% |
| Other operating charges | 640/8 | €803 | €892 | +€89 | +11.1% |
| Gross operating margin | 9900 | €23,370 | €5,903 | -€17,467 | -74.7% |
| Operating profit (loss) | 9901 | €6,981 | -€10,893 | -€17,874 | |
| Financial income | 75/76B | €6,851 | €6,693 | -€158 | -2.3% |
| Recurring financial income | 75 | €6,851 | €6,693 | -€158 | -2.3% |
| Financial charges | 65/66B | €1,964 | €2,088 | +€123 | +6.3% |
| Recurring financial charges | 65 | €1,964 | €2,088 | +€123 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €11,868 | -€6,288 | -€18,156 | |
| Income taxes | 67/77 | €3,053 | €196 | -€2,857 | -93.6% |
| Profit (loss) for the period | 9904 | €8,815 | -€6,484 | -€15,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,815 | -€6,484 | -€15,299 |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.