ME Technics: what changed
ME Technics
Largest movements
- Receivables within one year -€316,588
down €316,588 (-62.5%), from €506,758 to €190,170
of which Trade receivables: -€307,801
- Intangible fixed assets -€54,929
down €54,929 (-59.6%), from €92,125 to €37,196
- Stocks and contracts -€41,000
down €41,000 (-4.0%), from €1.0m to €980,389
of which Stocks: -€36,556
- Tangible fixed assets -€33,579
down €33,579 (-32.4%), from €103,700 to €70,121
of which Plant, machinery and equipment: -€23,426
- Deferred charges and accrued income -€26,000
down €26,000 (-30.2%), from €86,000 to €60,000
- Trade debts -€382,795
down €382,795 (-81.3%), from €471,089 to €88,294
- Profit (loss) carried forward +€110,042
up €110,042 (+112%), from €98,516 to €208,557
- Debts after one year -€93,635
down €93,635 (-32.9%), from €284,330 to €190,695
- Current portion of long-term debt -€71,089
down €71,089 (-57.8%), from €123,086 to €51,997
- Other debts -€62,076
down €62,076 (-12.3%), from €503,003 to €440,927
- Staff costs -€287,863
down €287,863 (-25.1%), from €1.1m to €861,031
- Gross operating margin -€42,198
down €42,198 (-3.5%), from €1.2m to €1.2m
- Other operating charges +€30,899
up €30,899 (+421%), from €7,336 to €38,235
- Financial charges +€13,067
up €13,067 (+28.9%), from €45,282 to €58,349
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,919,098 | €1,426,542 | -€492,557 | -25.7% |
| Fixed assets | 21/28 | €195,825 | €107,317 | -€88,508 | -45.2% |
| Intangible fixed assets | 21 | €92,125 | €37,196 | -€54,929 | -59.6% |
| Tangible fixed assets | 22/27 | €103,700 | €70,121 | -€33,579 | -32.4% |
| Plant, machinery and equipment | 23 | €59,544 | €36,118 | -€23,426 | -39.3% |
| Furniture and vehicles | 24 | €44,156 | €34,003 | -€10,153 | -23.0% |
| Current assets | 29/58 | €1,723,273 | €1,319,225 | -€404,049 | -23.4% |
| Stocks and contracts in progress | 3 | €1,021,389 | €980,389 | -€41,000 | -4.0% |
| Stocks | 30/36 | €942,313 | €905,756 | -€36,556 | -3.9% |
| Contracts in progress | 37 | €79,076 | €74,633 | -€4,444 | -5.6% |
| Amounts receivable within one year | 40/41 | €506,758 | €190,170 | -€316,588 | -62.5% |
| Trade receivables | 40 | €429,477 | €121,676 | -€307,801 | -71.7% |
| Other amounts receivable | 41 | €77,281 | €68,494 | -€8,787 | -11.4% |
| Cash at bank and in hand | 54/58 | €109,127 | €88,666 | -€20,461 | -18.7% |
| Deferred charges and accrued income | 490/1 | €86,000 | €60,000 | -€26,000 | -30.2% |
| Total equity and liabilities | 10/49 | €1,919,098 | €1,426,542 | -€492,557 | -25.7% |
| Equity | 10/15 | €118,976 | €229,017 | +€110,042 | +92.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,516 | €208,557 | +€110,042 | +112% |
| Amounts payable | 17/49 | €1,800,123 | €1,197,525 | -€602,598 | -33.5% |
| Amounts payable after more than one year | 17 | €284,330 | €190,695 | -€93,635 | -32.9% |
| Financial debts | 170/4 | €284,330 | €190,695 | -€93,635 | -32.9% |
| Amounts payable within one year | 42/48 | €1,515,793 | €1,006,830 | -€508,963 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €123,086 | €51,997 | -€71,089 | -57.8% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | = | 0.0% |
| Trade debts | 44 | €471,089 | €88,294 | -€382,795 | -81.3% |
| Suppliers | 440/4 | €471,089 | €88,294 | -€382,795 | -81.3% |
| Taxes, remuneration and social security | 45 | €68,614 | €75,611 | +€6,997 | +10.2% |
| Remuneration and social security | 454/9 | €68,614 | €75,611 | +€6,997 | +10.2% |
| Other amounts payable | 47/48 | €503,003 | €440,927 | -€62,076 | -12.3% |
| Remuneration, social security and pensions | 62 | €1,148,894 | €861,031 | -€287,863 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,398 | €107,040 | -€8,357 | -7.2% |
| Other operating charges | 640/8 | €7,336 | €38,235 | +€30,899 | +421% |
| Gross operating margin | 9900 | €1,216,673 | €1,174,475 | -€42,198 | -3.5% |
| Operating profit (loss) | 9901 | -€54,955 | €168,169 | +€223,124 | |
| Financial income | 75/76B | €1,250 | €222 | -€1,028 | -82.2% |
| Recurring financial income | 75 | €1,250 | €222 | -€1,028 | -82.2% |
| Financial charges | 65/66B | €45,282 | €58,349 | +€13,067 | +28.9% |
| Recurring financial charges | 65 | €45,282 | €58,349 | +€13,067 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€98,987 | €110,042 | +€209,029 | |
| Income taxes | 67/77 | €10,762 | - | -€10,762 | |
| Profit (loss) for the period | 9904 | -€109,749 | €110,042 | +€219,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€109,749 | €110,042 | +€219,791 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.