MEY-BADR: what changed
MEY-BADR
Largest movements
- Receivables after one year -€60,362
no longer reported in 2025 (was €60,362)
- Receivables within one year -€45,959
down €45,959 (-42.6%), from €107,841 to €61,882
of which Trade receivables: -€48,806
- Stocks and contracts +€4,070
up €4,070 (+135%), from €3,020 to €7,090
- Cash +€2,130
up €2,130 (+548%), from €389 to €2,519
mainly Receivables after one year (+€60,362) and Receivables within one year (+€45,959)
- Trade debts -€53,296
down €53,296 (-57.6%), from €92,592 to €39,296
- Profit (loss) carried forward -€44,047
down €44,047 (-64.7%), from €68,094 to €24,047
- Tax, wage and social debts -€3,128
down €3,128 (-66.1%), from €4,729 to €1,602
- Turnover -€83,717
down €83,717 (-17.9%), from €467,175 to €383,458
- Gross operating margin -€74,959
down €74,959 (-74.7%), from €100,373 to €25,413
- Staff costs +€30,926
up €30,926 (+104%), from €29,805 to €60,731
- Purchases and services -€8,831
down €8,831 (-2.4%), from €370,430 to €361,599
- Depreciation -€5,044
down €5,044 (-58.8%), from €8,577 to €3,533
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 | €179,676 | €79,205 | -€100,471 | -55.9% |
| Fixed assets | 21/28 | €7,625 | €7,714 | +€89 | +1.2% |
| Tangible fixed assets | 22/27 | €7,625 | €7,714 | +€89 | +1.2% |
| Plant, machinery and equipment | 23 | €5,592 | €3,451 | -€2,141 | -38.3% |
| Furniture and vehicles | 24 | €1,844 | €4,074 | +€2,230 | +121% |
| Other tangible fixed assets | 26 | €189 | €189 | = | 0.0% |
| Current assets | 29/58 | €172,050 | €71,491 | -€100,559 | -58.4% |
| Amounts receivable after more than one year | 29 | €60,362 | - | -€60,362 | |
| Trade receivables | 290 | €60,362 | - | -€60,362 | |
| Stocks and contracts in progress | 3 | €3,020 | €7,090 | +€4,070 | +135% |
| Stocks | 30/36 | €3,020 | €7,090 | +€4,070 | +135% |
| Amounts receivable within one year | 40/41 | €107,841 | €61,882 | -€45,959 | -42.6% |
| Trade receivables | 40 | €99,124 | €50,318 | -€48,806 | -49.2% |
| Other amounts receivable | 41 | €8,717 | €11,564 | +€2,847 | +32.7% |
| Cash at bank and in hand | 54/58 | €389 | €2,519 | +€2,130 | +548% |
| Deferred charges and accrued income | 490/1 | €439 | - | -€439 | |
| Total equity and liabilities | 10/49 | €179,676 | €79,205 | -€100,471 | -55.9% |
| Equity | 10/15 | €82,354 | €38,307 | -€44,047 | -53.5% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Contributions outside capital | 11 | €14,260 | €14,260 | = | 0.0% |
| Other | 1109/19 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,094 | €24,047 | -€44,047 | -64.7% |
| Amounts payable | 17/49 | €97,322 | €40,898 | -€56,424 | -58.0% |
| Amounts payable within one year | 42/48 | €97,322 | €40,898 | -€56,424 | -58.0% |
| Trade debts | 44 | €92,592 | €39,296 | -€53,296 | -57.6% |
| Suppliers | 440/4 | €92,592 | €39,296 | -€53,296 | -57.6% |
| Taxes, remuneration and social security | 45 | €4,729 | €1,602 | -€3,128 | -66.1% |
| Taxes | 450/3 | €4,729 | €1,602 | -€3,128 | -66.1% |
| Turnover | 70 | €467,175 | €383,458 | -€83,717 | -17.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €370,430 | €361,599 | -€8,831 | -2.4% |
| Remuneration, social security and pensions | 62 | €29,805 | €60,731 | +€30,926 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,577 | €3,533 | -€5,044 | -58.8% |
| Other operating charges | 640/8 | €7,813 | €3,763 | -€4,050 | -51.8% |
| Gross operating margin | 9900 | €100,373 | €25,413 | -€74,959 | -74.7% |
| Operating profit (loss) | 9901 | €54,178 | -€42,614 | -€96,792 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,928 | €1,433 | -€2,495 | -63.5% |
| Recurring financial charges | 65 | €3,928 | €1,433 | -€2,495 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €50,250 | -€44,047 | -€94,297 | |
| Income taxes | 67/77 | €784 | - | -€784 | |
| Profit (loss) for the period | 9904 | €49,466 | -€44,047 | -€93,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,466 | -€44,047 | -€93,513 |
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 4 November 2026 via checked.be.