MEYA: 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.
MEYA
Largest movements
- Cash +€29,995
up €29,995 (+624%), from €4,806 to €34,801
mainly Other debts (+€187,670) and Net result for the year (+€38,134)
- Tangible fixed assets +€19,036
up €19,036 (+74.9%), from €25,416 to €44,452
of which Furniture and vehicles: +€19,668
- Other debts +€187,670
up €187,670 (+59.2%), from €316,767 to €504,437
- Reserves -€161,493
down €161,493 (-60.5%), from €267,128 to €105,635
of which Distributable reserves: -€161,493
- Tax, wage and social debts +€34,754
up €34,754 (+4,286%), from €811 to €35,565
- Current portion of long-term debt -€16,573
no longer reported in 2025 (was €16,573)
- Gross operating margin +€32,997
up €32,997 (+54.8%), from €60,249 to €93,246
- Taxes +€11,722
up €11,722 (+206%), from €5,699 to €17,421
- Financial charges -€3,684
down €3,684 (-13.9%), from €26,528 to €22,844
- Depreciation +€1,700
up €1,700 (+13.2%), from €12,926 to €14,626
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.
Derived cash bridge
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 | €654,776 | €699,179 | +€44,403 | +6.8% |
| Fixed assets | 21/28 | €628,416 | €647,452 | +€19,036 | +3.0% |
| Tangible fixed assets | 22/27 | €25,416 | €44,452 | +€19,036 | +74.9% |
| Furniture and vehicles | 24 | €22,171 | €41,840 | +€19,668 | +88.7% |
| Other tangible fixed assets | 26 | €3,244 | €2,612 | -€632 | -19.5% |
| Financial fixed assets | 28 | €603,000 | €603,000 | = | 0.0% |
| Current assets | 29/58 | €26,361 | €51,727 | +€25,367 | +96.2% |
| Amounts receivable within one year | 40/41 | €21,555 | €16,926 | -€4,629 | -21.5% |
| Trade receivables | 40 | €12,254 | €7,625 | -€4,629 | -37.8% |
| Other amounts receivable | 41 | €9,301 | €9,301 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,806 | €34,801 | +€29,995 | +624% |
| Total equity and liabilities | 10/49 | €654,776 | €699,179 | +€44,403 | +6.8% |
| Equity | 10/15 | €285,728 | €124,235 | -€161,493 | -56.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €267,128 | €105,635 | -€161,493 | -60.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,512 | €9,512 | = | 0.0% |
| Distributable reserves | 133 | €255,756 | €94,263 | -€161,493 | -63.1% |
| Amounts payable | 17/49 | €369,049 | €574,944 | +€205,895 | +55.8% |
| Amounts payable within one year | 42/48 | €343,506 | €552,554 | +€209,047 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €16,573 | - | -€16,573 | |
| Financial debts | 43 | €9,167 | €10,000 | +€833 | +9.1% |
| Credit institutions | 430/8 | €9,167 | €10,000 | +€833 | +9.1% |
| Trade debts | 44 | €189 | €2,552 | +€2,363 | +1,253% |
| Suppliers | 440/4 | €189 | €2,552 | +€2,363 | +1,253% |
| Taxes, remuneration and social security | 45 | €811 | €35,565 | +€34,754 | +4,286% |
| Taxes | 450/3 | €811 | €35,565 | +€34,754 | +4,286% |
| Other amounts payable | 47/48 | €316,767 | €504,437 | +€187,670 | +59.2% |
| Accrued charges and deferred income | 492/3 | €25,542 | €22,390 | -€3,152 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,926 | €14,626 | +€1,700 | +13.2% |
| Other operating charges | 640/8 | €224 | €228 | +€4 | +1.8% |
| Gross operating margin | 9900 | €60,249 | €93,246 | +€32,997 | +54.8% |
| Operating profit (loss) | 9901 | €47,099 | €78,392 | +€31,293 | +66.4% |
| Financial income | 75/76B | €4 | €7 | +€3 | +61.9% |
| Recurring financial income | 75 | €4 | €7 | +€3 | +61.9% |
| Financial charges | 65/66B | €26,528 | €22,844 | -€3,684 | -13.9% |
| Recurring financial charges | 65 | €26,528 | €22,844 | -€3,684 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €20,576 | €55,555 | +€34,979 | +170% |
| Income taxes | 67/77 | €5,699 | €17,421 | +€11,722 | +206% |
| Profit (loss) for the period | 9904 | €14,877 | €38,134 | +€23,257 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €14,877 | €38,134 | +€23,257 | +156% |
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 21 October 2026 via checked.be.