MEVSO: 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.
MEVSO
Largest movements
- Receivables within one year -€1,140
down €1,140 (-25.5%), from €4,476 to €3,336
- Reserves -€821
down €821 (-14.3%), from €5,754 to €4,933
- Trade debts -€319
down €319 (-33.8%), from €942 to €623
- Gross operating margin +€544
up €544 (+53.4%), from -€1,019 to -€475
- Financial income -€213
down €213 (-51.9%), from €410 to €198
- Other operating charges -€182
down €182 (-25.1%), from €726 to €544
- Financial charges -€109
no longer reported in 2025 (was €109)
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 | €8,696 | €7,556 | -€1,140 | -13.1% |
| Current assets | 29/58 | €8,696 | €7,556 | -€1,140 | -13.1% |
| Amounts receivable within one year | 40/41 | €4,476 | €3,336 | -€1,140 | -25.5% |
| Other amounts receivable | 41 | €4,476 | €3,336 | -€1,140 | -25.5% |
| Cash at bank and in hand | 54/58 | €4,220 | €4,220 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,696 | €7,556 | -€1,140 | -13.1% |
| Equity | 10/15 | €7,754 | €6,933 | -€821 | -10.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,754 | €4,933 | -€821 | -14.3% |
| Distributable reserves | 133 | €5,754 | €4,933 | -€821 | -14.3% |
| Amounts payable | 17/49 | €942 | €623 | -€319 | -33.8% |
| Amounts payable within one year | 42/48 | €942 | €623 | -€319 | -33.8% |
| Trade debts | 44 | €942 | €623 | -€319 | -33.8% |
| Suppliers | 440/4 | €942 | €623 | -€319 | -33.8% |
| Other operating charges | 640/8 | €726 | €544 | -€182 | -25.1% |
| Gross operating margin | 9900 | -€1,019 | -€475 | +€544 | +53.4% |
| Operating profit (loss) | 9901 | -€1,745 | -€1,019 | +€726 | +41.6% |
| Financial income | 75/76B | €410 | €198 | -€213 | -51.9% |
| Recurring financial income | 75 | €410 | €198 | -€213 | -51.9% |
| Financial charges | 65/66B | €109 | - | -€109 | |
| Recurring financial charges | 65 | €109 | - | -€109 | |
| Profit (loss) for the period before taxes | 9903 | -€1,443 | -€821 | +€622 | +43.1% |
| Profit (loss) for the period | 9904 | -€1,443 | -€821 | +€622 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,443 | -€821 | +€622 | +43.1% |
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 9 October 2026 via checked.be.