MEYHODA: 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.
MEYHODA
Largest movements
- Current investments -€11,741
down €11,741 (-16.3%), from €72,125 to €60,383
- Tangible fixed assets -€5,748
down €5,748 (-19.4%), from €29,577 to €23,829
of which Furniture and vehicles: -€6,315
- Cash +€2,914
new in 2025: €2,914
mainly Current investments (+€11,741) and Depreciation (+€6,688)
- Receivables within one year -€1,250
down €1,250 (-19.2%), from €6,511 to €5,261
of which Trade receivables: -€2,251
- Profit (loss) carried forward -€7,819
down €7,819 (-53.1%), from €14,729 to €6,911
- Current portion of long-term debt -€2,717
down €2,717 (-66.4%), from €4,095 to €1,378
- Tax, wage and social debts -€2,471
no longer reported in 2025 (was €2,471)
of which Remuneration and social security: -€1,900
- Other debts -€1,616
down €1,616 (-24.3%), from €6,638 to €5,022
- Debts after one year -€1,378
no longer reported in 2025 (was €1,378)
- Gross operating margin -€6,352
down €6,352, from €5,343 to -€1,009
- Depreciation -€227
down €227 (-3.3%), from €6,915 to €6,688
- Financial income -€59
down €59 (-13.6%), from €436 to €377
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 | €109,804 | €93,756 | -€16,048 | -14.6% |
| Fixed assets | 21/28 | €29,979 | €24,231 | -€5,748 | -19.2% |
| Tangible fixed assets | 22/27 | €29,577 | €23,829 | -€5,748 | -19.4% |
| Plant, machinery and equipment | 23 | €345 | €912 | +€567 | +164% |
| Furniture and vehicles | 24 | €29,233 | €22,918 | -€6,315 | -21.6% |
| Financial fixed assets | 28 | €402 | €402 | = | 0.0% |
| Current assets | 29/58 | €79,825 | €69,525 | -€10,300 | -12.9% |
| Amounts receivable within one year | 40/41 | €6,511 | €5,261 | -€1,250 | -19.2% |
| Trade receivables | 40 | €6,351 | €4,100 | -€2,251 | -35.4% |
| Other amounts receivable | 41 | €160 | €1,161 | +€1,001 | +627% |
| Current investments | 50/53 | €72,125 | €60,383 | -€11,741 | -16.3% |
| Cash at bank and in hand | 54/58 | - | €2,914 | +€2,914 | |
| Deferred charges and accrued income | 490/1 | €1,190 | €967 | -€223 | -18.7% |
| Total equity and liabilities | 10/49 | €109,804 | €93,756 | -€16,048 | -14.6% |
| Equity | 10/15 | €94,728 | €86,909 | -€7,819 | -8.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €49,011 | €49,011 | = | 0.0% |
| Distributable reserves | 133 | €49,011 | €49,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,729 | €6,911 | -€7,819 | -53.1% |
| Amounts payable | 17/49 | €15,077 | €6,847 | -€8,230 | -54.6% |
| Amounts payable after more than one year | 17 | €1,378 | - | -€1,378 | |
| Financial debts | 170/4 | €1,378 | - | -€1,378 | |
| Amounts payable within one year | 42/48 | €13,699 | €6,847 | -€6,852 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €4,095 | €1,378 | -€2,717 | -66.4% |
| Financial debts | 43 | €65 | - | -€65 | |
| Credit institutions | 430/8 | €65 | - | -€65 | |
| Trade debts | 44 | €429 | €448 | +€18 | +4.3% |
| Suppliers | 440/4 | €429 | €448 | +€18 | +4.3% |
| Taxes, remuneration and social security | 45 | €2,471 | - | -€2,471 | |
| Taxes | 450/3 | €571 | - | -€571 | |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €6,638 | €5,022 | -€1,616 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,915 | €6,688 | -€227 | -3.3% |
| Other operating charges | 640/8 | €255 | €263 | +€8 | +3.2% |
| Gross operating margin | 9900 | €5,343 | -€1,009 | -€6,352 | |
| Operating profit (loss) | 9901 | -€1,827 | -€7,960 | -€6,133 | -336% |
| Financial income | 75/76B | €436 | €377 | -€59 | -13.6% |
| Recurring financial income | 75 | €436 | €377 | -€59 | -13.6% |
| Financial charges | 65/66B | €283 | €236 | -€48 | -16.8% |
| Recurring financial charges | 65 | €283 | €236 | -€48 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,674 | -€7,819 | -€6,145 | -367% |
| Profit (loss) for the period | 9904 | -€1,674 | -€7,819 | -€6,145 | -367% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,674 | -€7,819 | -€6,145 | -367% |
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 13 October 2026 via checked.be.