AV MERAKI: 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.
AV MERAKI
Largest movements
- Receivables within one year +€35,373
up €35,373 (+254%), from €13,939 to €49,313
of which Trade receivables: +€40,056
- Cash -€27,369
down €27,369 (-46.5%), from €58,844 to €31,475
mainly Receivables within one year (-€35,373) and Net result for the year (-€16,925)
- Tangible fixed assets +€2,295
up €2,295 (+1,489%), from €154 to €2,449
- Trade debts +€36,460
up €36,460 (+1,121%), from €3,253 to €39,713
- Profit (loss) carried forward -€16,925
down €16,925 (-35.3%), from €47,967 to €31,041
- Other debts -€5,424
down €5,424 (-54.2%), from €10,000 to €4,576
- Tax, wage and social debts -€5,072
down €5,072 (-53.6%), from €9,471 to €4,399
of which Taxes: -€5,080
- Gross operating margin -€26,082
down €26,082, from €13,105 to -€12,977
- Taxes -€2,888
down €2,888 (-95.3%), from €3,029 to €141
- Other operating charges +€1,209
up €1,209 (+991%), from €122 to €1,331
- Financial income -€291
down €291 (-81.1%), from €358 to €68
- Financial charges -€279
down €279 (-13.3%), from €2,094 to €1,814
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 | €74,690 | €84,268 | +€9,578 | +12.8% |
| Fixed assets | 21/28 | €154 | €2,449 | +€2,295 | +1,489% |
| Tangible fixed assets | 22/27 | €154 | €2,449 | +€2,295 | +1,489% |
| Furniture and vehicles | 24 | €154 | €2,449 | +€2,295 | +1,489% |
| Current assets | 29/58 | €74,536 | €81,819 | +€7,283 | +9.8% |
| Amounts receivable within one year | 40/41 | €13,939 | €49,313 | +€35,373 | +254% |
| Trade receivables | 40 | €9,257 | €49,313 | +€40,056 | +433% |
| Other amounts receivable | 41 | €4,683 | €0 | -€4,683 | -100% |
| Cash at bank and in hand | 54/58 | €58,844 | €31,475 | -€27,369 | -46.5% |
| Deferred charges and accrued income | 490/1 | €1,752 | €1,031 | -€721 | -41.1% |
| Total equity and liabilities | 10/49 | €74,690 | €84,268 | +€9,578 | +12.8% |
| Equity | 10/15 | €51,967 | €35,041 | -€16,925 | -32.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,967 | €31,041 | -€16,925 | -35.3% |
| Amounts payable | 17/49 | €22,723 | €49,227 | +€26,504 | +117% |
| Amounts payable within one year | 42/48 | €22,723 | €48,688 | +€25,964 | +114% |
| Trade debts | 44 | €3,253 | €39,713 | +€36,460 | +1,121% |
| Suppliers | 440/4 | €3,253 | €39,713 | +€36,460 | +1,121% |
| Taxes, remuneration and social security | 45 | €9,471 | €4,399 | -€5,072 | -53.6% |
| Taxes | 450/3 | €7,448 | €2,367 | -€5,080 | -68.2% |
| Remuneration and social security | 454/9 | €2,023 | €2,031 | +€8 | +0.4% |
| Other amounts payable | 47/48 | €10,000 | €4,576 | -€5,424 | -54.2% |
| Accrued charges and deferred income | 492/3 | €0 | €539 | +€539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €729 | +€60 | +9.0% |
| Other operating charges | 640/8 | €122 | €1,331 | +€1,209 | +991% |
| Gross operating margin | 9900 | €13,105 | -€12,977 | -€26,082 | |
| Operating profit (loss) | 9901 | €12,313 | -€15,038 | -€27,351 | |
| Financial income | 75/76B | €358 | €68 | -€291 | -81.1% |
| Recurring financial income | 75 | €358 | €68 | -€291 | -81.1% |
| Financial charges | 65/66B | €2,094 | €1,814 | -€279 | -13.3% |
| Recurring financial charges | 65 | €2,094 | €1,814 | -€279 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €10,578 | -€16,784 | -€27,362 | |
| Income taxes | 67/77 | €3,029 | €141 | -€2,888 | -95.3% |
| Profit (loss) for the period | 9904 | €7,549 | -€16,925 | -€24,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,549 | -€16,925 | -€24,474 |
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 23 October 2026 via checked.be.