MEYKO: 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.
MEYKO
Largest movements
- Cash +€18,154
up €18,154 (+208%), from €8,720 to €26,874
mainly Net result for the year (+€26,163) and Depreciation (+€2,720)
- Deferred charges and accrued income +€4,418
up €4,418 (+41.8%), from €10,572 to €14,990
- Formation expenses -€2,720
no longer reported in 2025 (was €2,720)
- Profit (loss) carried forward +€26,163
up €26,163 (+172%), from €15,241 to €41,404
- Tax, wage and social debts -€4,500
no longer reported in 2025 (was €4,500)
- Trade debts -€1,730
down €1,730 (-84.1%), from €2,057 to €327
- Gross operating margin +€15,833
up €15,833 (+78.9%), from €20,062 to €35,895
- Depreciation +€2,654
up €2,654 (+4,043%), from €66 to €2,720
- Taxes +€2,219
up €2,219 (+49.3%), from €4,500 to €6,719
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 | €22,012 | €41,864 | +€19,852 | +90.2% |
| Formation expenses | 20 | €2,720 | - | -€2,720 | |
| Current assets | 29/58 | €19,292 | €41,864 | +€22,572 | +117% |
| Cash at bank and in hand | 54/58 | €8,720 | €26,874 | +€18,154 | +208% |
| Deferred charges and accrued income | 490/1 | €10,572 | €14,990 | +€4,418 | +41.8% |
| Total equity and liabilities | 10/49 | €22,012 | €41,864 | +€19,852 | +90.2% |
| Equity | 10/15 | €15,242 | €41,405 | +€26,163 | +172% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,241 | €41,404 | +€26,163 | +172% |
| Amounts payable | 17/49 | €6,770 | €459 | -€6,311 | -93.2% |
| Amounts payable within one year | 42/48 | €6,770 | €459 | -€6,311 | -93.2% |
| Trade debts | 44 | €2,057 | €327 | -€1,730 | -84.1% |
| Suppliers | 440/4 | €2,057 | €327 | -€1,730 | -84.1% |
| Taxes, remuneration and social security | 45 | €4,500 | - | -€4,500 | |
| Taxes | 450/3 | €4,500 | - | -€4,500 | |
| Other amounts payable | 47/48 | €213 | €133 | -€80 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66 | €2,720 | +€2,654 | +4,043% |
| Other operating charges | 640/8 | €252 | €284 | +€32 | +12.7% |
| Gross operating margin | 9900 | €20,062 | €35,895 | +€15,833 | +78.9% |
| Operating profit (loss) | 9901 | €19,745 | €32,892 | +€13,146 | +66.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4 | €12 | +€8 | +212% |
| Recurring financial charges | 65 | €4 | €12 | +€8 | +212% |
| Profit (loss) for the period before taxes | 9903 | €19,741 | €32,882 | +€13,140 | +66.6% |
| Income taxes | 67/77 | €4,500 | €6,719 | +€2,219 | +49.3% |
| Profit (loss) for the period | 9904 | €15,241 | €26,163 | +€10,921 | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,241 | €26,163 | +€10,921 | +71.7% |
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.