CAROLINE MEYERS: what changed
CAROLINE MEYERS
Largest movements
- Tangible fixed assets -€6,378
down €6,378 (-29.8%), from €21,396 to €15,018
- Receivables within one year -€6,203
down €6,203 (-21.1%), from €29,389 to €23,185
- Cash -€926
down €926 (-4.1%), from €22,664 to €21,739
mainly Net result for the year (-€12,258) and Trade debts (-€3,269)
- Profit (loss) carried forward -€12,258
down €12,258 (-19.0%), from -€64,358 to -€76,616
- Trade debts -€3,269
down €3,269 (-24.2%), from €13,508 to €10,239
- Accrued charges and deferred income +€1,377
new in 2025: €1,377
- Gross operating margin -€16,638
down €16,638, from €12,557 to -€4,082
- Taxes -€2,719
no longer reported in 2025 (was €2,719)
- Financial charges -€174
down €174 (-13.0%), from €1,339 to €1,166
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,591 | €60,092 | -€13,499 | -18.3% |
| Fixed assets | 21/28 | €21,396 | €15,018 | -€6,378 | -29.8% |
| Tangible fixed assets | 22/27 | €21,396 | €15,018 | -€6,378 | -29.8% |
| Land and buildings | 22 | €21,396 | €15,018 | -€6,378 | -29.8% |
| Current assets | 29/58 | €52,195 | €45,074 | -€7,121 | -13.6% |
| Amounts receivable within one year | 40/41 | €29,389 | €23,185 | -€6,203 | -21.1% |
| Other amounts receivable | 41 | €29,389 | €23,185 | -€6,203 | -21.1% |
| Cash at bank and in hand | 54/58 | €22,664 | €21,739 | -€926 | -4.1% |
| Deferred charges and accrued income | 490/1 | €142 | €150 | +€7 | +5.3% |
| Total equity and liabilities | 10/49 | €73,591 | €60,092 | -€13,499 | -18.3% |
| Equity | 10/15 | €59,438 | €47,180 | -€12,258 | -20.6% |
| Contributions | 10/11 | €11,625 | €11,625 | = | 0.0% |
| Revaluation surpluses | 12 | €100,122 | €100,122 | = | 0.0% |
| Reserves | 13 | €12,048 | €12,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €602 | €602 | = | 0.0% |
| Other | 1319 | €602 | €602 | = | 0.0% |
| Distributable reserves | 133 | €11,446 | €11,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,358 | -€76,616 | -€12,258 | -19.0% |
| Amounts payable | 17/49 | €14,153 | €12,912 | -€1,241 | -8.8% |
| Amounts payable within one year | 42/48 | €14,153 | €11,535 | -€2,618 | -18.5% |
| Trade debts | 44 | €13,508 | €10,239 | -€3,269 | -24.2% |
| Suppliers | 440/4 | €13,508 | €10,239 | -€3,269 | -24.2% |
| Taxes, remuneration and social security | 45 | €645 | €1,296 | +€651 | +101% |
| Taxes | 450/3 | €645 | €1,296 | +€651 | +101% |
| Accrued charges and deferred income | 492/3 | - | €1,377 | +€1,377 | |
| Non-recurring operating income | 76A | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,378 | €6,378 | +€0 | 0.0% |
| Other operating charges | 640/8 | €699 | €640 | -€59 | -8.5% |
| Gross operating margin | 9900 | €12,557 | -€4,082 | -€16,638 | |
| Operating profit (loss) | 9901 | €5,479 | -€11,099 | -€16,579 | |
| Financial income | 75/76B | €0 | €7 | +€7 | +2,648% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +2,648% |
| Financial charges | 65/66B | €1,339 | €1,166 | -€174 | -13.0% |
| Recurring financial charges | 65 | €1,339 | €1,166 | -€174 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €4,140 | -€12,258 | -€16,399 | |
| Income taxes | 67/77 | €2,719 | - | -€2,719 | |
| Profit (loss) for the period | 9904 | €1,421 | -€12,258 | -€13,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,421 | -€12,258 | -€13,679 |
Next steps
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 8 November 2026 via checked.be.