De Meersman: 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.
De Meersman
Largest movements
- Cash -€1,466
down €1,466 (-31.7%), from €4,630 to €3,164
mainly Net result for the year (-€1,525) and Other debts (-€593)
- Tangible fixed assets -€770
down €770 (-75.0%), from €1,027 to €257
of which Other tangible fixed assets: -€770
- Receivables within one year +€126
up €126 (+1,083%), from €12 to €137
- Profit (loss) carried forward -€1,525
down €1,525 (-7.8%), from -€19,439 to -€20,964
- Other debts -€593
down €593 (-9.4%), from €6,343 to €5,749
- Gross operating margin -€1,772
down €1,772, from €1,767 to -€5
- Depreciation -€658
down €658 (-46.1%), from €1,428 to €770
- Other operating charges +€288
up €288 (+74.9%), from €384 to €672
- Financial charges -€35
down €35 (-31.1%), from €114 to €79
- Financial income -€29
down €29 (-96.9%), from €30 to €1
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 | €5,918 | €3,811 | -€2,107 | -35.6% |
| Fixed assets | 21/28 | €1,027 | €257 | -€770 | -75.0% |
| Tangible fixed assets | 22/27 | €1,027 | €257 | -€770 | -75.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,027 | €257 | -€770 | -75.0% |
| Current assets | 29/58 | €4,890 | €3,554 | -€1,336 | -27.3% |
| Amounts receivable within one year | 40/41 | €12 | €137 | +€126 | +1,083% |
| Other amounts receivable | 41 | €12 | €137 | +€126 | +1,083% |
| Cash at bank and in hand | 54/58 | €4,630 | €3,164 | -€1,466 | -31.7% |
| Deferred charges and accrued income | 490/1 | €248 | €253 | +€5 | +1.8% |
| Total equity and liabilities | 10/49 | €5,918 | €3,811 | -€2,107 | -35.6% |
| Equity | 10/15 | -€847 | -€2,372 | -€1,525 | -180% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,439 | -€20,964 | -€1,525 | -7.8% |
| Amounts payable | 17/49 | €6,764 | €6,183 | -€581 | -8.6% |
| Amounts payable within one year | 42/48 | €6,764 | €6,183 | -€581 | -8.6% |
| Trade debts | 44 | €422 | €434 | +€12 | +2.8% |
| Suppliers | 440/4 | €422 | €434 | +€12 | +2.8% |
| Other amounts payable | 47/48 | €6,343 | €5,749 | -€593 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,428 | €770 | -€658 | -46.1% |
| Other operating charges | 640/8 | €384 | €672 | +€288 | +74.9% |
| Gross operating margin | 9900 | €1,767 | -€5 | -€1,772 | |
| Operating profit (loss) | 9901 | -€45 | -€1,448 | -€1,403 | -3,113% |
| Financial income | 75/76B | €30 | €1 | -€29 | -96.9% |
| Recurring financial income | 75 | €30 | €1 | -€29 | -96.9% |
| Financial charges | 65/66B | €114 | €79 | -€35 | -31.1% |
| Recurring financial charges | 65 | €114 | €79 | -€35 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€129 | -€1,525 | -€1,396 | -1,081% |
| Profit (loss) for the period | 9904 | -€129 | -€1,525 | -€1,396 | -1,081% |
| Profit (loss) for the period to be appropriated | 9905 | -€129 | -€1,525 | -€1,396 | -1,081% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.