To add a bit more -- acid/sugar balance in wine is a balance between tartaric & malic acids, and the residual sugars in the wine. The acids found in wine, tartaric and malic (mostly tartaric acid with some malic) are strong and sour tasting acids. So, balance in wine is going to be a balance between the strong taste contributed by the acids found in the wine grape, and the residual sugar. You can call this a sort of "support structure" in wine.
Gluconic acid, the primary acid found in honey, does not have the strong sour taste of the organic acids found in the wine grape. According to descriptions, it's mild tasting, "refreshingly" sour, and acts as a flavor enhancer.
In the past people have misunderstood this, and supposed that honey, lacking the strength of the acids found in wine, needed acid additives to bring it up to speed. It sort of worked, but often required a lot of aging.
The clue was when meadmakers noticed that mead made without acid additives tasted just fine by itself, good balance, and good honey aroma and flavor.
The differences between chemical and organoleptic properties of the acids found in grapes, and in honey, indicate that "support structure" in wine and honey are strikingly different. As a result, acid additives in winemaking are vital in correcting balance. Acid additives in mead act instead as a flavor additive, almost the way spices work in metheglins.
It's also helpful in understanding this to avoid the trap of oversimplifying the acid/sweetness balance in wine as thought it were a mathematical equation of positive and negative. More realistically, the acids and sugars in wine have flavors, so balance is much more complicated than adding enough acid and/or sugar to balance the wine.
I've often imagined the support structure in mead as more of a three way interraction between gluconic acid, the fructose and glucose sugars of the honey, and the honey flavor itself, if this can even be called a support structure.
For that reason, I'm guessing that "balance" in mead is better achieved by blending different varietal honeys, than by adding acids or sugars.
Hope that's not too confusing!