BIJOUTERIE MEUNIER: what changed
What changed
BIJOUTERIE MEUNIER
NACE 47.770, Retail sale of watches and jewellery
filed annual accounts (NBB)
Net result for the year
€101,000
2024 · €100,855+€145
Equity
€631,867
2024 · €613,775+€18,092
Cash
€24,652
2024 · €28,506-€3,854
Balance sheet total
€1.4m
2024 · €1.2m+€234,619
Largest movements
Assets
- Financial fixed assets +€230,000
up €230,000 (+25,322%), from €908 to €230,908
- Tangible fixed assets -€37,543
down €37,543 (-10.0%), from €375,825 to €338,282
of which Land and buildings: -€28,421
- Stocks and contracts +€23,436
up €23,436 (+3.0%), from €774,905 to €798,341
- Receivables within one year +€20,593
new in 2025: €20,593
Equity and liabilities
- Debts after one year +€143,092
up €143,092 (+453%), from €31,586 to €174,678
- Other debts +€43,159
up €43,159 (+12.8%), from €337,001 to €380,160
- Current portion of long-term debt +€34,728
up €34,728 (+72.6%), from €47,819 to €82,546
- Reserves +€18,092
up €18,092 (+4.9%), from €372,004 to €390,096
of which Distributable reserves: +€18,092
- Tax, wage and social debts -€15,246
down €15,246 (-20.4%), from €74,654 to €59,408
of which Taxes: -€16,841
Income statement
- Staff costs -€24,511
down €24,511 (-31.1%), from €78,933 to €54,422
- Gross operating margin -€16,504
down €16,504 (-5.9%), from €280,767 to €264,263
- Financial charges +€4,626
up €4,626 (+75.5%), from €6,125 to €10,752
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.
Result 2024
€100,855
Gross operating margin
-€16,504
Staff costs
+€24,511
Depreciation
-€2,478
Other operating charges
-€98
Financial income
-€508
Financial charges
-€4,626
Taxes
-€152
Result 2025
€101,000
raises the resultlowers the result
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.
From operations
+€137,699
Investment
-€236,465
Financing
+€94,912
Cash 2024
€28,506
From operations (derived)
+€137,699
Net result for the year
+€101,000
Depreciation
+€44,008
Stocks and contracts
-€23,436
Receivables within one year
-€20,593
Deferred charges and accrued income
-€1,988
Trade debts
+€10,794
Tax, wage and social debts
-€15,246
Other debts
+€43,159
Accrued charges and deferred income
+€0
Investment (derived)
-€236,465
Investment in fixed assets (net)
-€236,465
Financing
+€94,912
Debts after one year
+€143,092
Current portion of long-term debt
+€34,728
Contributions, distributions and other
-€82,908
Cash 2025
€24,652
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,182,835 | €1,417,455 | +€234,619 | +19.8% |
| Fixed assets | 21/28 | €376,733 | €569,190 | +€192,457 | +51.1% |
| Tangible fixed assets | 22/27 | €375,825 | €338,282 | -€37,543 | -10.0% |
| Land and buildings | 22 | €149,206 | €120,786 | -€28,421 | -19.0% |
| Plant, machinery and equipment | 23 | €40,664 | €39,668 | -€996 | -2.4% |
| Furniture and vehicles | 24 | €19,636 | €11,510 | -€8,126 | -41.4% |
| Other tangible fixed assets | 26 | €166,318 | €166,318 | = | 0.0% |
| Financial fixed assets | 28 | €908 | €230,908 | +€230,000 | +25,322% |
| Current assets | 29/58 | €806,102 | €848,265 | +€42,162 | +5.2% |
| Stocks and contracts in progress | 3 | €774,905 | €798,341 | +€23,436 | +3.0% |
| Stocks | 30/36 | €774,905 | €798,341 | +€23,436 | +3.0% |
| Amounts receivable within one year | 40/41 | - | €20,593 | +€20,593 | |
| Other amounts receivable | 41 | - | €20,593 | +€20,593 | |
| Cash at bank and in hand | 54/58 | €28,506 | €24,652 | -€3,854 | -13.5% |
| Deferred charges and accrued income | 490/1 | €2,691 | €4,679 | +€1,988 | +73.9% |
| Total equity and liabilities | 10/49 | €1,182,835 | €1,417,455 | +€234,619 | +19.8% |
| Equity | 10/15 | €613,775 | €631,867 | +€18,092 | +2.9% |
| Contributions | 10/11 | €183,676 | €183,676 | = | 0.0% |
| Reserves | 13 | €372,004 | €390,096 | +€18,092 | +4.9% |
| Non-distributable reserves | 130/1 | €3,124 | €3,124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,124 | €3,124 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,231 | €2,231 | = | 0.0% |
| Distributable reserves | 133 | €366,649 | €384,741 | +€18,092 | +4.9% |
| Profit (loss) carried forward | 14 | €58,095 | €58,095 | -€0 | 0.0% |
| Amounts payable | 17/49 | €569,060 | €785,587 | +€216,528 | +38.1% |
| Amounts payable after more than one year | 17 | €31,586 | €174,678 | +€143,092 | +453% |
| Financial debts | 170/4 | €31,586 | €174,678 | +€143,092 | +453% |
| Amounts payable within one year | 42/48 | €537,010 | €610,445 | +€73,435 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €47,819 | €82,546 | +€34,728 | +72.6% |
| Trade debts | 44 | €77,536 | €88,331 | +€10,794 | +13.9% |
| Suppliers | 440/4 | €77,536 | €88,331 | +€10,794 | +13.9% |
| Taxes, remuneration and social security | 45 | €74,654 | €59,408 | -€15,246 | -20.4% |
| Taxes | 450/3 | €64,504 | €47,662 | -€16,841 | -26.1% |
| Remuneration and social security | 454/9 | €10,150 | €11,746 | +€1,595 | +15.7% |
| Other amounts payable | 47/48 | €337,001 | €380,160 | +€43,159 | +12.8% |
| Accrued charges and deferred income | 492/3 | €464 | €464 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €78,933 | €54,422 | -€24,511 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,530 | €44,008 | +€2,478 | +6.0% |
| Other operating charges | 640/8 | €6,308 | €6,405 | +€98 | +1.5% |
| Gross operating margin | 9900 | €280,767 | €264,263 | -€16,504 | -5.9% |
| Operating profit (loss) | 9901 | €153,997 | €159,428 | +€5,431 | +3.5% |
| Financial income | 75/76B | €582 | €74 | -€508 | -87.3% |
| Recurring financial income | 75 | €582 | €74 | -€508 | -87.3% |
| Financial charges | 65/66B | €6,125 | €10,752 | +€4,626 | +75.5% |
| Recurring financial charges | 65 | €6,125 | €10,752 | +€4,626 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €148,453 | €148,750 | +€297 | +0.2% |
| Income taxes | 67/77 | €47,598 | €47,751 | +€152 | +0.3% |
| Profit (loss) for the period | 9904 | €100,855 | €101,000 | +€145 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,855 | €101,000 | +€145 | +0.1% |
Next steps
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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.