MEWA SERVICE: what changed
MEWA SERVICE
Largest movements
- Cash +€131,624
up €131,624 (+327%), from €40,272 to €171,896
mainly Tax, wage and social debts (+€132,627) and Net result for the year (+€30,638)
- Receivables within one year +€12,963
up €12,963 (+1.6%), from €787,196 to €800,159
of which Trade receivables: +€21,441
- Tax, wage and social debts +€132,627
up €132,627 (+122%), from €108,456 to €241,083
of which Remuneration and social security: +€83,296
- Reserves +€30,638
up €30,638 (+4.6%), from €663,328 to €693,966
of which Distributable reserves: +€30,638
- Trade debts -€10,453
down €10,453 (-26.4%), from €39,625 to €29,172
- Turnover +€431,821
up €431,821 (+36.2%), from €1.2m to €1.6m
- Staff costs +€373,698
up €373,698 (+40.9%), from €914,200 to €1.3m
- Services and other goods +€31,913
up €31,913 (+14.7%), from €216,787 to €248,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €830,009 | €982,821 | +€152,812 | +18.4% |
| Current assets | 29/58 | €830,009 | €982,821 | +€152,812 | +18.4% |
| Amounts receivable within one year | 40/41 | €787,196 | €800,159 | +€12,963 | +1.6% |
| Trade receivables | 40 | €764,366 | €785,807 | +€21,441 | +2.8% |
| Other amounts receivable | 41 | €22,830 | €14,352 | -€8,478 | -37.1% |
| Cash at bank and in hand | 54/58 | €40,272 | €171,896 | +€131,624 | +327% |
| Deferred charges and accrued income | 490/1 | €2,541 | €10,766 | +€8,225 | +324% |
| Total equity and liabilities | 10/49 | €830,009 | €982,821 | +€152,812 | +18.4% |
| Equity | 10/15 | €681,928 | €712,566 | +€30,638 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €663,328 | €693,966 | +€30,638 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €661,468 | €692,106 | +€30,638 | +4.6% |
| Amounts payable | 17/49 | €148,081 | €270,255 | +€122,174 | +82.5% |
| Amounts payable within one year | 42/48 | €148,081 | €270,255 | +€122,174 | +82.5% |
| Trade debts | 44 | €39,625 | €29,172 | -€10,453 | -26.4% |
| Suppliers | 440/4 | €39,625 | €29,172 | -€10,453 | -26.4% |
| Taxes, remuneration and social security | 45 | €108,456 | €241,083 | +€132,627 | +122% |
| Taxes | 450/3 | €1,350 | €50,681 | +€49,331 | +3,654% |
| Remuneration and social security | 454/9 | €107,106 | €190,402 | +€83,296 | +77.8% |
| Operating income | 70/76A | €1,194,554 | €1,627,571 | +€433,017 | +36.2% |
| Turnover | 70 | €1,193,609 | €1,625,430 | +€431,821 | +36.2% |
| Other operating income | 74 | €945 | €2,141 | +€1,196 | +127% |
| Operating charges | 60/66A | €1,141,417 | €1,555,841 | +€414,424 | +36.3% |
| Services and other goods | 61 | €216,787 | €248,700 | +€31,913 | +14.7% |
| Remuneration, social security and pensions | 62 | €914,200 | €1,287,898 | +€373,698 | +40.9% |
| Other operating charges | 640/8 | €10,430 | €19,243 | +€8,813 | +84.5% |
| Operating profit (loss) | 9901 | €53,137 | €71,730 | +€18,593 | +35.0% |
| Financial charges | 65/66B | €7,229 | €9,214 | +€1,985 | +27.5% |
| Recurring financial charges | 65 | €7,229 | €9,214 | +€1,985 | +27.5% |
| Debt charges | 650 | €5,521 | €7,283 | +€1,762 | +31.9% |
| Other financial charges | 652/9 | €1,708 | €1,931 | +€223 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €45,908 | €62,516 | +€16,608 | +36.2% |
| Income taxes | 67/77 | €21,275 | €31,878 | +€10,603 | +49.8% |
| Taxes | 670/3 | €21,275 | €31,878 | +€10,603 | +49.8% |
| Profit (loss) for the period | 9904 | €24,633 | €30,638 | +€6,005 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,633 | €30,638 | +€6,005 | +24.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.