MIDEASTCO: what changed
Two fiscal 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.
MIDEASTCO
Largest movements
- Cash -€12,758
down €12,758 (-2.3%), from €562,710 to €549,953
mainly Net result for the year (-€17,437) and Provisions (-€510)
- Profit (loss) carried forward -€15,906
down €15,906 (-5.0%), from -€319,115 to -€335,021
- Gross operating margin -€2,673
down €2,673 (-39.5%), from -€6,762 to -€9,435
- Financial income -€1,959
down €1,959 (-50.1%), from €3,908 to €1,950
- Other operating charges -€1,601
down €1,601 (-21.8%), from €7,341 to €5,739
- Depreciation -€184
down €184 (-3.8%), from €4,802 to €4,618
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 | €718,567 | €701,044 | -€17,524 | -2.4% |
| Fixed assets | 21/28 | €153,592 | €148,974 | -€4,618 | -3.0% |
| Tangible fixed assets | 22/27 | €153,592 | €148,974 | -€4,618 | -3.0% |
| Land and buildings | 22 | €137,034 | €136,187 | -€847 | -0.6% |
| Plant, machinery and equipment | 23 | €16,557 | €12,787 | -€3,771 | -22.8% |
| Current assets | 29/58 | €564,976 | €552,070 | -€12,906 | -2.3% |
| Amounts receivable within one year | 40/41 | €1,172 | €1,172 | = | 0.0% |
| Other amounts receivable | 41 | €1,172 | €1,172 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €562,710 | €549,953 | -€12,758 | -2.3% |
| Deferred charges and accrued income | 490/1 | €1,093 | €945 | -€148 | -13.6% |
| Total equity and liabilities | 10/49 | €718,567 | €701,044 | -€17,524 | -2.4% |
| Equity | 10/15 | €583,046 | €565,609 | -€17,437 | -3.0% |
| Contributions | 10/11 | €513,525 | €513,525 | = | 0.0% |
| Reserves | 13 | €388,636 | €387,105 | -€1,531 | -0.4% |
| Tax-exempt reserves | 132 | €388,636 | €387,105 | -€1,531 | -0.4% |
| Profit (loss) carried forward | 14 | -€319,115 | -€335,021 | -€15,906 | -5.0% |
| Provisions and deferred taxes | 16 | €129,545 | €129,035 | -€510 | -0.4% |
| Deferred taxes | 168 | €129,545 | €129,035 | -€510 | -0.4% |
| Amounts payable | 17/49 | €5,976 | €6,400 | +€423 | +7.1% |
| Amounts payable within one year | 42/48 | €5,976 | €6,400 | +€423 | +7.1% |
| Trade debts | 44 | €177 | €600 | +€423 | +239.8% |
| Suppliers | 440/4 | €177 | €600 | +€423 | +239.8% |
| Other amounts payable | 47/48 | €5,800 | €5,800 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,802 | €4,618 | -€184 | -3.8% |
| Other operating charges | 640/8 | €7,341 | €5,739 | -€1,601 | -21.8% |
| Gross operating margin | 9900 | -€6,762 | -€9,435 | -€2,673 | -39.5% |
| Operating profit (loss) | 9901 | -€18,905 | -€19,792 | -€887 | -4.7% |
| Financial income | 75/76B | €3,908 | €1,950 | -€1,959 | -50.1% |
| Recurring financial income | 75 | €3,908 | €1,950 | -€1,959 | -50.1% |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,101 | -€17,947 | -€2,846 | -18.8% |
| Transfer from deferred taxes | 780 | €409 | €510 | +€102 | +24.8% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,693 | -€17,437 | -€2,744 | -18.7% |
| Transfer from tax-exempt reserves | 789 | €1,226 | €1,531 | +€305 | +24.8% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,466 | -€15,906 | -€2,440 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.