BXL MEEUS 18: what changed
What changed
BXL MEEUS 18
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€34,722
2024 · -€8,865-€25,857
Equity
€524,463
2024 · €559,186-€34,722
Cash
€8,302
2024 · €1,971+€6,331
Balance sheet total
€6.4m
2024 · €6.4m+€5,219
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial charges +€25,644
up €25,644 (+49.8%), from €51,481 to €77,125
- Gross operating margin -€1,462
down €1,462 (-3.2%), from €45,337 to €43,874
- Other operating charges -€1,215
down €1,215 (-54.9%), from €2,213 to €998
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
-€8,865
Gross operating margin
-€1,462
Depreciation
+€34
Other operating charges
+€1,215
Financial charges
-€25,644
Result 2025
-€34,722
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
-€20,469
Investment
€0
Financing
+€26,800
Cash 2024
€1,971
From operations (derived)
-€20,469
Net result for the year
-€34,722
Depreciation
+€473
Receivables within one year
+€638
Tax, wage and social debts
+€3,504
Accrued charges and deferred income
+€9,637
Financing
+€26,800
Debts after one year
+€15,645
Short-term financial debts
+€11,155
Cash 2025
€8,302
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,417,725 | €6,422,944 | +€5,219 | +0.1% |
| Formation expenses | 20 | €473 | €0 | -€473 | -100% |
| Fixed assets | 21/28 | €6,414,642 | €6,414,642 | = | 0.0% |
| Financial fixed assets | 28 | €6,414,642 | €6,414,642 | = | 0.0% |
| Current assets | 29/58 | €2,609 | €8,302 | +€5,692 | +218% |
| Amounts receivable within one year | 40/41 | €638 | €0 | -€638 | -100% |
| Other amounts receivable | 41 | €638 | €0 | -€638 | -100% |
| Cash at bank and in hand | 54/58 | €1,971 | €8,302 | +€6,331 | +321% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,417,725 | €6,422,944 | +€5,219 | +0.1% |
| Equity | 10/15 | €559,186 | €524,463 | -€34,722 | -6.2% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,814 | -€275,537 | -€34,722 | -14.4% |
| Amounts payable | 17/49 | €5,858,539 | €5,898,481 | +€39,941 | +0.7% |
| Amounts payable after more than one year | 17 | €3,700,000 | €3,715,645 | +€15,645 | +0.4% |
| Financial debts | 170/4 | €3,700,000 | €3,715,645 | +€15,645 | +0.4% |
| Amounts payable within one year | 42/48 | €2,158,539 | €2,173,199 | +€14,660 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,170,535 | €1,181,690 | +€11,155 | +1.0% |
| Other loans | 439 | €1,170,535 | €1,181,690 | +€11,155 | +1.0% |
| Trade debts | 44 | €8,197 | €8,197 | = | 0.0% |
| Suppliers | 440/4 | €8,197 | €8,197 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | €3,504 | +€3,504 | |
| Taxes | 450/3 | €0 | €3,504 | +€3,504 | |
| Other amounts payable | 47/48 | €979,807 | €979,807 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €9,637 | +€9,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €473 | -€34 | -6.7% |
| Other operating charges | 640/8 | €2,213 | €998 | -€1,215 | -54.9% |
| Gross operating margin | 9900 | €45,337 | €43,874 | -€1,462 | -3.2% |
| Operating profit (loss) | 9901 | €42,616 | €42,403 | -€213 | -0.5% |
| Financial charges | 65/66B | €51,481 | €77,125 | +€25,644 | +49.8% |
| Recurring financial charges | 65 | €51,481 | €77,125 | +€25,644 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,865 | -€34,722 | -€25,857 | -292% |
| Profit (loss) for the period | 9904 | -€8,865 | -€34,722 | -€25,857 | -292% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,865 | -€34,722 | -€25,857 | -292% |
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 1 November 2026 via checked.be.