MEYS MT: 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.
MEYS MT
Largest movements
- Tangible fixed assets +€114,561
up €114,561 (+12.9%), from €889,739 to €1.0m
of which Plant, machinery and equipment: +€94,792
- Cash +€46,535
up €46,535 (+294%), from €15,855 to €62,391
mainly Net result for the year (+€75,878) and Debts after one year (+€58,188)
- Debts after one year +€58,188
up €58,188 (+13.7%), from €425,175 to €483,363
- Reserves +€54,378
up €54,378 (+26.4%), from €206,254 to €260,631
- Trade debts +€52,750
up €52,750 (+29,468%), from €179 to €52,929
- Other debts -€34,111
down €34,111 (-91.5%), from €37,260 to €3,149
- Current portion of long-term debt +€17,319
up €17,319 (+38.8%), from €44,630 to €61,949
- Depreciation -€15,929
down €15,929 (-24.5%), from €64,970 to €49,040
- Gross operating margin -€12,921
down €12,921 (-6.6%), from €196,802 to €183,880
- Financial charges -€5,801
down €5,801 (-31.0%), from €18,690 to €12,889
- Taxes +€3,497
up €3,497 (+9.8%), from €35,771 to €39,269
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 | €932,818 | €1,087,259 | +€154,441 | +16.6% |
| Fixed assets | 21/28 | €889,739 | €1,004,300 | +€114,561 | +12.9% |
| Tangible fixed assets | 22/27 | €889,739 | €1,004,300 | +€114,561 | +12.9% |
| Land and buildings | 22 | €558,500 | €540,345 | -€18,155 | -3.3% |
| Plant, machinery and equipment | 23 | €328,575 | €423,367 | +€94,792 | +28.8% |
| Furniture and vehicles | 24 | €2,664 | €40,588 | +€37,924 | +1,423% |
| Current assets | 29/58 | €43,078 | €82,959 | +€39,880 | +92.6% |
| Amounts receivable within one year | 40/41 | €24,495 | €16,090 | -€8,405 | -34.3% |
| Trade receivables | 40 | €21,627 | €16,090 | -€5,537 | -25.6% |
| Other amounts receivable | 41 | €2,868 | - | -€2,868 | |
| Cash at bank and in hand | 54/58 | €15,855 | €62,391 | +€46,535 | +294% |
| Deferred charges and accrued income | 490/1 | €2,728 | €4,478 | +€1,750 | +64.1% |
| Total equity and liabilities | 10/49 | €932,818 | €1,087,259 | +€154,441 | +16.6% |
| Equity | 10/15 | €325,869 | €380,247 | +€54,378 | +16.7% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €206,254 | €260,631 | +€54,378 | +26.4% |
| Distributable reserves | 133 | €206,254 | €260,631 | +€54,378 | +26.4% |
| Profit (loss) carried forward | 14 | €98,615 | €98,615 | = | 0.0% |
| Amounts payable | 17/49 | €606,949 | €707,012 | +€100,063 | +16.5% |
| Amounts payable after more than one year | 17 | €425,175 | €483,363 | +€58,188 | +13.7% |
| Financial debts | 170/4 | €425,175 | €483,363 | +€58,188 | +13.7% |
| Amounts payable within one year | 42/48 | €177,831 | €223,058 | +€45,226 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €44,630 | €61,949 | +€17,319 | +38.8% |
| Financial debts | 43 | €80,000 | €80,000 | = | 0.0% |
| Credit institutions | 430/8 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €179 | €52,929 | +€52,750 | +29,468% |
| Suppliers | 440/4 | €179 | €52,929 | +€52,750 | +29,468% |
| Taxes, remuneration and social security | 45 | €15,762 | €25,031 | +€9,269 | +58.8% |
| Taxes | 450/3 | €15,762 | €25,031 | +€9,269 | +58.8% |
| Other amounts payable | 47/48 | €37,260 | €3,149 | -€34,111 | -91.5% |
| Accrued charges and deferred income | 492/3 | €3,942 | €591 | -€3,351 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,970 | €49,040 | -€15,929 | -24.5% |
| Other operating charges | 640/8 | €6,931 | €6,805 | -€126 | -1.8% |
| Gross operating margin | 9900 | €196,802 | €183,880 | -€12,921 | -6.6% |
| Operating profit (loss) | 9901 | €124,901 | €128,035 | +€3,134 | +2.5% |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.8% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.8% |
| Financial charges | 65/66B | €18,690 | €12,889 | -€5,801 | -31.0% |
| Recurring financial charges | 65 | €18,690 | €12,889 | -€5,801 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €106,241 | €115,146 | +€8,905 | +8.4% |
| Income taxes | 67/77 | €35,771 | €39,269 | +€3,497 | +9.8% |
| Profit (loss) for the period | 9904 | €70,470 | €75,878 | +€5,408 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,470 | €75,878 | +€5,408 | +7.7% |
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 20 October 2026 via checked.be.