MEYMO: 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.
MEYMO
Largest movements
- Receivables within one year +€860,294
up €860,294 (+7693.8%), from €11,182 to €871,475
of which Trade receivables: +€871,475
- Stocks and contracts +€848,404
up €848,404 (+145.8%), from €582,035 to €1.4m
- Tangible fixed assets +€623,499
up €623,499 (+47.0%), from €1.3m to €2.0m
of which Land and buildings: +€623,160
- Cash +€155,703
up €155,703 (+17482.7%), from €891 to €156,593
mainly Short-term financial debts (+€3.3m) and Other debts (+€273,500)
- Short-term financial debts +€3.3m
new in 2025: €3.3m
- Debts after one year -€1.4m
no longer reported in 2025 (was €1.4m)
- Other debts +€273,500
up €273,500 (+67.6%), from €404,711 to €678,211
- Tax, wage and social debts +€225,142
new in 2025: €225,142
- Trade debts +€70,871
up €70,871 (+934.1%), from €7,587 to €78,458
- Gross operating margin +€225,607
up €225,607, from -€12,622 to €212,985
- Financial charges +€168,449
up €168,449 (+730.7%), from €23,053 to €191,502
- Depreciation -€21,025
down €21,025 (-61.8%), from €34,040 to €13,015
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.
Cash bridge derived
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 | €1,927,531 | €4,410,468 | +€2.5m | +128.8% |
| Fixed assets | 21/28 | €1,327,608 | €1,951,107 | +€623,499 | +47.0% |
| Tangible fixed assets | 22/27 | €1,327,608 | €1,951,107 | +€623,499 | +47.0% |
| Land and buildings | 22 | €1,327,608 | €1,950,769 | +€623,160 | +46.9% |
| Plant, machinery and equipment | 23 | - | €339 | +€339 | |
| Current assets | 29/58 | €599,923 | €2,459,361 | +€1.9m | +309.9% |
| Stocks and contracts in progress | 3 | €582,035 | €1,430,439 | +€848,404 | +145.8% |
| Stocks | 30/36 | €582,035 | €1,430,439 | +€848,404 | +145.8% |
| Amounts receivable within one year | 40/41 | €11,182 | €871,475 | +€860,294 | +7693.8% |
| Trade receivables | 40 | - | €871,475 | +€871,475 | |
| Other amounts receivable | 41 | €11,182 | - | -€11,182 | |
| Cash at bank and in hand | 54/58 | €891 | €156,593 | +€155,703 | +17482.7% |
| Deferred charges and accrued income | 490/1 | €5,816 | €853 | -€4,963 | -85.3% |
| Total equity and liabilities | 10/49 | €1,927,531 | €4,410,468 | +€2.5m | +128.8% |
| Equity | 10/15 | €84,298 | €83,047 | -€1,251 | -1.5% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,148 | -€169,812 | +€336 | +0.2% |
| Investment grants | 15 | €44,446 | €42,859 | -€1,587 | -3.6% |
| Amounts payable | 17/49 | €1,843,233 | €4,327,421 | +€2.5m | +134.8% |
| Amounts payable after more than one year | 17 | €1,430,935 | - | -€1.4m | |
| Financial debts | 170/4 | €1,430,935 | - | -€1.4m | |
| Amounts payable within one year | 42/48 | €412,298 | €4,327,421 | +€3.9m | +949.6% |
| Financial debts | 43 | - | €3,345,610 | +€3.3m | |
| Credit institutions | 430/8 | - | €3,345,610 | +€3.3m | |
| Trade debts | 44 | €7,587 | €78,458 | +€70,871 | +934.1% |
| Suppliers | 440/4 | €7,587 | €78,458 | +€70,871 | +934.1% |
| Taxes, remuneration and social security | 45 | - | €225,142 | +€225,142 | |
| Taxes | 450/3 | - | €225,142 | +€225,142 | |
| Other amounts payable | 47/48 | €404,711 | €678,211 | +€273,500 | +67.6% |
| Non-recurring operating income | 76A | - | €57,650 | +€57,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,040 | €13,015 | -€21,025 | -61.8% |
| Other operating charges | 640/8 | €11,338 | €9,720 | -€1,618 | -14.3% |
| Gross operating margin | 9900 | -€12,622 | €212,985 | +€225,607 | |
| Operating profit (loss) | 9901 | -€58,000 | €190,250 | +€248,250 | |
| Financial income | 75/76B | €1,588 | €1,587 | -€1 | 0.0% |
| Recurring financial income | 75 | €1,588 | €1,587 | -€1 | 0.0% |
| Financial charges | 65/66B | €23,053 | €191,502 | +€168,449 | +730.7% |
| Recurring financial charges | 65 | €23,053 | €191,502 | +€168,449 | +730.7% |
| Profit (loss) for the period before taxes | 9903 | -€79,464 | €336 | +€79,800 | |
| Profit (loss) for the period | 9904 | -€79,464 | €336 | +€79,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,464 | €336 | +€79,800 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.