MEYER
Annual accounts 2025
abbreviated format, filed on 30-01-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €1.1m on 30-06-2025in €m
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
1.1m | 1.0m | 1.0m | 1.1m | 833,647 | 1.5m | 5.3m | 6.6m | 6.3m | 6.0m | 4.6m | 3.8m | 3.2m | 2.8m | 2.6m | 2.6m | 2.6m | 2.7m | 3.0m | |
21/28 |
1.0m | 1.0m | 1.0m | 1.1m | 394,363 | 1.4m | 4.0m | 6.3m | 6.3m | 5.5m | 4.6m | 3.8m | 3.1m | 2.8m | 2.6m | 2.6m | 2.6m | 2.6m | 2.7m | |
22/27 |
1.0m | 1.0m | 1.0m | 1.1m | 388,226 | 1.4m | 4.0m | 6.3m | 6.3m | 5.5m | 4.6m | 3.8m | 3.1m | 2.8m | 2.6m | 2.6m | 2.6m | 2.6m | 2.7m | |
22 |
1.0m | 1.0m | 1.0m | 1.1m | 388,226 | 1.4m | 4.0m | 6.3m | 6.3m | 5.5m | 4.6m | 3.7m | 3.1m | 2.8m | 2.6m | 2.6m | 2.6m | 2.6m | 2.7m | |
23 |
- | - | - | - | - | - | - | - | - | - | 1,240 | 1,240 | 1,240 | - | - | - | - | - | - | |
28 |
6,138 | 6,138 | 6,138 | 6,138 | 6,138 | 3,113 | 1,600 | 1,600 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
11,648 | 9,852 | 9,831 | 9,432 | 439,284 | 13,550 | 1.3m | 317,055 | 14,191 | 524,715 | 26,329 | 20,628 | 27,453 | 7,131 | 5,406 | 5,406 | 6,783 | 113,904 | 315,671 | |
40/41 |
8,982 | 8,982 | 8,982 | 8,982 | 436,156 | 12,347 | 11,502 | 11,062 | 11,062 | 10,470 | 7,990 | 1,370 | 19,838 | 45 | - | - | - | 113,904 | 304,267 | |
40 |
8,982 | 8,982 | 8,982 | 8,982 | 8,982 | 8,982 | 8,982 | 8,982 | 8,982 | 10,470 | 7,990 | - | 19,255 | 45 | - | - | - | - | - | |
41 |
- | - | - | - | 427,175 | 3,365 | 2,520 | 2,080 | 2,080 | - | - | 1,370 | 583 | - | - | - | - | 113,904 | 304,267 | |
54/58 |
2,362 | 434 | 849 | 17 | 877 | 1,203 | 1.3m | 305,994 | 3,099 | 491,203 | 2,946 | 1,376 | 535 | 5 | - | - | - | - | 11,404 | |
490/1 |
304 | 437 | - | 433 | 2,250 | - | - | - | 30 | 23,042 | 15,393 | 17,882 | 7,080 | 7,080 | 5,406 | 5,406 | 6,783 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
1.1m | 1.0m | 1.0m | 1.1m | 833,647 | 1.5m | 5.3m | 6.6m | 6.3m | 6.0m | 4.6m | 3.8m | 3.2m | 2.8m | 2.6m | 2.6m | 2.6m | 2.7m | 3.0m | |
10/15 |
-3.1m | -2.9m | -2.8m | -2.7m | -2.5m | -2.4m | -2.2m | -2.8m | -3.1m | -2.7m | -3.1m | -3.0m | -2.4m | -2.0m | -1.6m | -1.3m | -906,406 | -655,189 | -371,685 | |
10/11 |
24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | |
10 |
- | - | 24,789 | 24,789 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | |
13 |
2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | |
130/1 |
- | - | 2,343 | 2,343 | 2,343 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | 2,343 | |
133 |
2,343 | 2,343 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-3.1m | -2.9m | -2.8m | -2.7m | -2.5m | -2.4m | -2.2m | -2.8m | -3.2m | -2.7m | -3.1m | -3.0m | -2.4m | -2.0m | -1.7m | -1.3m | -933,538 | -682,321 | -398,817 | |
17/49 |
4.2m | 4.0m | 3.8m | 3.7m | 3.4m | 3.8m | 7.5m | 9.4m | 9.4m | 8.7m | 7.7m | 6.8m | 5.6m | 4.8m | 4.2m | 3.8m | 3.5m | 3.4m | 3.4m | |
17 |
- | - | - | - | - | - | - | - | - | 114,555 | 1.0m | 112,089 | 407,580 | - | - | - | - | - | 37,460 | |
170/4 |
- | - | - | - | - | - | - | - | - | 114,555 | 114,555 | 112,089 | 407,580 | - | - | - | - | - | 37,460 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | 906,000 | - | - | - | - | - | - | - | - | |
42/48 |
4.2m | 3.9m | 3.8m | 3.7m | 3.3m | 3.8m | 7.5m | 9.4m | 9.4m | 8.5m | 6.7m | 6.6m | 5.2m | 4.8m | 4.2m | 3.8m | 3.5m | 3.1m | 3.1m | |
42 |
540,000 | 546,463 | 546,463 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,443 | |
43 |
300,000 | 700,000 | 843,200 | 946,463 | 456,463 | 506,463 | 3.2m | 4.7m | 4.9m | 4.4m | 3.2m | 2.9m | 3.0m | 3.0m | 3.0m | 3.1m | 3.0m | 3.0m | 3.0m | |
430/8 |
- | 400,000 | 543,200 | 546,463 | 6,463 | 6,463 | 2.7m | 4.2m | 4.4m | 4.4m | 3.2m | 2.9m | 3.0m | 3.0m | 3.0m | 3.1m | 3.0m | 3.0m | 3.0m | |
439 |
300,000 | 300,000 | 300,000 | 400,000 | 450,000 | 500,000 | 500,000 | 500,000 | 500,000 | - | - | - | - | - | - | - | - | - | - | |
44 |
102,800 | 64,956 | 16,146 | 28,946 | 47,386 | 8,974 | 9,974 | 50,041 | 39,951 | 186,271 | 345,097 | 199,053 | - | 84,446 | 7,554 | 15,847 | 18,832 | 2,669 | - | |
440/4 |
102,800 | 64,956 | 16,146 | 28,946 | 47,386 | 8,974 | 9,974 | 50,041 | 39,951 | 186,271 | 345,097 | 199,053 | - | 84,446 | 7,554 | 15,847 | 18,832 | 2,669 | - | |
46 |
- | - | - | - | - | - | - | - | - | - | - | 714 | - | - | - | - | - | - | - | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,848 | - | - | - | - | - | - | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,848 | - | - | - | - | - | - | |
47/48 |
3.2m | 2.6m | 2.4m | 2.7m | 2.8m | 3.3m | 4.3m | 4.7m | 4.5m | 3.9m | 3.2m | 3.6m | 2.1m | 1.7m | 1.2m | 759,168 | 481,260 | 91,646 | 55,903 | |
492/3 |
9,375 | 25,843 | 19,638 | 19,843 | 93,711 | 16,624 | 7,460 | 8,107 | 7,680 | 7,649 | - | - | 375 | 1,770 | - | - | - | 252,489 | 252,489 | |
| Income statement | ||||||||||||||||||||
76A |
- | 39,000 | - | 10,000 | 38,710 | 96,015 | 927,280 | 687,465 | - | 692,428 | 282,692 | - | - | - | - | - | - | - | - | |
9900 |
-29,550 | 4,102 | -26,637 | -45,266 | -24,115 | 21,157 | 834,192 | 545,590 | -92,213 | -55,133 | -118,679 | -100,698 | -37,616 | -69,270 | -19,966 | -12,456 | -25,343 | -27,262 | 16,119 | |
630 |
6,687 | 6,391 | 6,381 | 22,953 | - | - | 37,448 | - | 24,436 | 50,114 | 50,874 | 42,739 | 42,738 | 32,405 | 32,405 | 32,405 | 32,405 | 66,711 | 66,711 | |
640/8 |
33,004 | 8,681 | 4,503 | 4,870 | 14,561 | 23,183 | 23,874 | 33,607 | 22,919 | 26,936 | 9,248 | 47,404 | 23,407 | 4,036 | 19,523 | 44,988 | 51 | 20,342 | 260,357 | |
66A |
- | - | 7,842 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-69,241 | -10,971 | -45,363 | -73,089 | -38,676 | -2,026 | 772,870 | 511,983 | -139,568 | -132,182 | -178,801 | -190,841 | -103,762 | -105,711 | -71,894 | -89,849 | -57,799 | -114,315 | -310,949 | |
75/76B |
- | - | 130 | - | 0 | 143 | 27 | 0 | - | 0 | 3 | - | - | - | - | - | 1,077 | 10,918 | 4,267 | |
75 |
- | - | 130 | - | 0 | 143 | 27 | 0 | - | 0 | 3 | - | - | - | - | - | 1,077 | 10,918 | 4,267 | |
65/66B |
121,323 | 131,387 | 81,184 | 59,487 | 124,310 | 137,019 | 169,767 | 195,540 | 337,429 | 120,483 | 219,833 | 391,909 | 307,152 | 260,004 | 279,185 | 278,300 | 183,792 | 180,106 | 17,683 | |
65 |
121,323 | 131,387 | 81,184 | 59,487 | 124,310 | 137,019 | 169,767 | 195,540 | 337,429 | 120,483 | 219,833 | 391,909 | 307,152 | 260,004 | 279,185 | 278,300 | 183,792 | 180,106 | 17,683 | |
9903 |
-190,564 | -142,358 | -126,417 | -132,576 | -162,986 | -138,903 | 603,130 | 316,443 | -476,997 | 439,763 | -115,939 | -582,750 | -410,914 | -365,715 | -351,078 | -368,149 | -240,514 | -283,504 | -324,365 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | 23,281 | -23,281 | - | - | 10,703 | - | - | |
9904 |
-190,564 | -142,358 | -126,417 | -132,576 | -162,986 | -138,903 | 603,130 | 316,443 | -476,997 | 439,763 | -115,939 | -582,750 | -434,195 | -342,434 | -351,078 | -368,149 | -251,217 | -283,504 | -324,365 | |
9905 |
-190,564 | -142,358 | -126,417 | -132,576 | -162,986 | -138,903 | 603,130 | 316,443 | -476,997 | 439,763 | -115,939 | -582,750 | -434,195 | -342,434 | -351,078 | -368,149 | -251,217 | -283,504 | -324,365 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-3.1m | -2.9m | -2.8m | -2.7m | -2.5m | -2.4m | -2.2m | -2.8m | -3.2m | -2.7m | -3.1m | -3.0m | -2.4m | -2.0m | -1.7m | -1.3m | -933,538 | -682,321 | -398,817 | |
14P |
-2.9m | -2.8m | -2.7m | -2.5m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 28 older financial years (1977-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-01-2026 | 2026-00025656 | |
| 30-06-2024 | abbreviated format | 10-01-2025 | 2025-00003394 | |
| 30-06-2023 | abbreviated format | 30-01-2024 | 2024-00014510 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00012477 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03700330 | |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03100497 | |
| 30-06-2019 | abbreviated format | 31-01-2020 | 2020-04000068 | |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-04400045 | |
| 30-06-2017 | abbreviated format | 26-01-2018 | 2018-03000047 | |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-03800170 | |
| 30-06-2015 | abbreviated format | 26-01-2016 | 2016-02700433 | |
| 30-06-2014 | abbreviated format | 26-01-2015 | 2015-02700193 | |
| 30-06-2013 | abbreviated format | 19-02-2014 | 2014-04300239 | |
| 30-06-2012 | abbreviated format | 30-01-2013 | 2013-02200601 | |
| 30-06-2011 | abbreviated format | 08-02-2012 | 2012-02900032 | |
| 30-06-2010 | abbreviated format | 24-02-2011 | 2011-04600557 | |
| 30-06-2009 | abbreviated format | 08-06-2011 | 2011-15600459 | |
| 30-06-2008 | abbreviated format | 08-06-2011 | 2011-15600458 | |
| 30-06-2007 | abbreviated format | 20-06-2011 | 2011-18200255 | |
| 30-06-2006 | abbreviated format | 26-01-2007 | 2007-02801249 | |
| 30-06-2005 | abbreviated format | 25-01-2006 | 2006-02700573 | |
| 30-06-2004 | abbreviated format | 15-03-2005 | 2005-07602925 | |
| 30-06-2003 | abbreviated format | 05-03-2004 | 2004-06404911 | |
| 30-06-2002 | abbreviated format | 11-03-2003 | 2003-06800937 | |
| 30-06-2001 | abbreviated format | 02-07-2002 | 2002-32100599 | |
| 30-06-2000 | abbreviated format | 23-03-2001 | 2001-07401566 | |
| 30-06-1998 | abbreviated format | 23-02-1999 | 1999-03502258 | |
| 30-06-1997 | abbreviated format | 03-03-1998 | 1998-03801217 | |
| 30-06-1996 | abbreviated format | 16-01-1997 | 1997-00800925 | |
| 31-12-1994 | abbreviated format | 02-06-1995 | 1995-11302002 | |
| 31-12-1993 | abbreviated format | 29-07-1994 | 1994-33402641 | |
| 31-12-1992 | abbreviated format | 23-06-1993 | 1993-15900668 | |
| 31-12-1991 | abbreviated format | 23-06-1992 | 1992-13704012 | |
| 31-12-1990 | abbreviated format | 28-06-1991 | 1991-13900773 | |
| 31-12-1989 | abbreviated format | 19-06-1990 | 1990-09504375 | |
| 31-12-1988 | abbreviated format | 23-06-1989 | 1989-10403095 | |
| 31-12-1987 | abbreviated format | 21-06-1988 | 1988-09401465 | |
| 31-12-1986 | abbreviated format | 19-06-1987 | 1987-10900369 | |
| 31-12-1985 | abbreviated format | 30-07-1986 | 1986-32200693 | |
| 31-12-1984 | full format | 24-07-1985 | 1985-26501734 | |
| 31-12-1983 | unclassified schema | 06-08-1984 | 1984-11701493 | |
| 31-12-1982 | unclassified schema | 08-08-1983 | 1983-10901333 | |
| 31-12-1981 | unclassified schema | 19-08-1982 | 1982-11001345 | |
| 31-12-1980 | unclassified schema | 24-09-1981 | 1981-11401349 | |
| 31-12-1979 | unclassified schema | 30-07-1980 | 1980-09801761 | |
| 31-12-1978 | unclassified schema | 26-06-1979 | 1979-06500403 | |
| 31-12-1977 | unclassified schema | 15-09-1978 | 1978-07201802 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -62,554 | -4,580 | -38,982 | -50,137 | - | - | 810,317 | - | -115,132 | -82,068 | -127,927 | -148,102 | -61,024 | -73,306 | -39,489 | -57,444 | -25,394 | -47,604 | -244,238 | ||
| -183,877 | -135,966 | -120,036 | -109,623 | - | - | 640,578 | - | -452,560 | 489,877 | -65,065 | -540,011 | -391,457 | -310,029 | -318,673 | -335,744 | -218,812 | -216,793 | -257,654 | ||
| 31,800 | 2,602 | -45,842 | 776,289 | 57,746 | 89,574 | 374,782 | 1.7m | 841,733 | 1.3m | 865,291 | 664,343 | 362,984 | 271,187 | 35,734 | 2,290 | 19,080 | -1 | 2.6m | ||
| 1,928 | -415 | 832 | -860 | -326 | -1.3m | 964,535 | 302,895 | -488,104 | 488,257 | 1,570 | 841 | 530 | - | - | - | - | - | - | ||
| -4.2m | -3.9m | -3.8m | -3.7m | -2.8m | -3.8m | -6.2m | -9.1m | -9.4m | -8.0m | -6.6m | -6.6m | -5.1m | -4.8m | -4.2m | -3.8m | -3.5m | -3.0m | -2.8m | ||
| -293.5% | -282.7% | -268.0% | -243.6% | -302.3% | -162.0% | -41.9% | -42.8% | -49.8% | -44.4% | -67.5% | -79.1% | -76.1% | -69.9% | -63.1% | -49.6% | -34.8% | -24.1% | -12.4% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.17 | 0.03 | 0.00 | 0.06 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.10 | ||
| -18.0% | -13.8% | -12.2% | -12.2% | -19.6% | -9.5% | 11.4% | 4.8% | -7.6% | 7.3% | -2.5% | -15.5% | -13.8% | -12.2% | -13.6% | -14.3% | -9.6% | -10.4% | -10.8% | ||
| -0.52 | -0.03 | -0.48 | -0.84 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €31,800 | €2,602 | - | €776,289 |
| €6,687 | €6,391 | €6,381 | €22,953 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MEYER
The operating result for 2025 is a loss of €69,241, larger than the loss of €10,971 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€4.2m) exceeds the balance-sheet total (€1.1m).