DE MEESTER BEHEER: 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 MEESTER BEHEER
Largest movements
- Tangible fixed assets +€1.9m
up €1.9m (+471%), from €400,971 to €2.3m
of which Land and buildings: +€1.9m
- Receivables within one year -€78,319
down €78,319 (-78.3%), from €100,000 to €21,681
- Debts after one year +€1.6m
up €1.6m (+360%), from €434,068 to €2.0m
- Other debts +€165,494
up €165,494 (+1,380%), from €11,992 to €177,486
- Current portion of long-term debt +€63,928
up €63,928 (+400%), from €16,000 to €79,928
- Depreciation +€85,046
up €85,046 (+146%), from €58,265 to €143,312
- Gross operating margin +€47,380
up €47,380 (+27.8%), from €170,517 to €217,897
- Financial charges +€41,736
up €41,736 (+349%), from €11,953 to €53,688
- Taxes -€16,639
down €16,639 (-84.3%), from €19,743 to €3,104
- Other operating charges +€5,141
up €5,141 (+455%), from €1,131 to €6,272
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 | €579,798 | €2,385,169 | +€1.8m | +311% |
| Fixed assets | 21/28 | €400,971 | €2,287,584 | +€1.9m | +471% |
| Tangible fixed assets | 22/27 | €400,971 | €2,287,584 | +€1.9m | +471% |
| Land and buildings | 22 | €400,971 | €2,264,444 | +€1.9m | +465% |
| Other tangible fixed assets | 26 | - | €23,141 | +€23,141 | |
| Current assets | 29/58 | €178,827 | €97,585 | -€81,242 | -45.4% |
| Amounts receivable within one year | 40/41 | €100,000 | €21,681 | -€78,319 | -78.3% |
| Trade receivables | 40 | €100,000 | €21,681 | -€78,319 | -78.3% |
| Cash at bank and in hand | 54/58 | €78,827 | €73,205 | -€5,622 | -7.1% |
| Deferred charges and accrued income | 490/1 | - | €2,698 | +€2,698 | |
| Total equity and liabilities | 10/49 | €579,798 | €2,385,169 | +€1.8m | +311% |
| Equity | 10/15 | €84,425 | €95,946 | +€11,521 | +13.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €79,425 | €90,946 | +€11,521 | +14.5% |
| Distributable reserves | 133 | €79,425 | €90,946 | +€11,521 | +14.5% |
| Amounts payable | 17/49 | €495,373 | €2,289,223 | +€1.8m | +362% |
| Amounts payable after more than one year | 17 | €434,068 | €1,998,854 | +€1.6m | +360% |
| Financial debts | 170/4 | €434,068 | €1,998,854 | +€1.6m | +360% |
| Amounts payable within one year | 42/48 | €57,236 | €290,370 | +€233,134 | +407% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | €79,928 | +€63,928 | +400% |
| Trade debts | 44 | €1,590 | €1,969 | +€379 | +23.8% |
| Suppliers | 440/4 | €1,590 | €1,969 | +€379 | +23.8% |
| Taxes, remuneration and social security | 45 | €27,654 | €30,987 | +€3,333 | +12.1% |
| Taxes | 450/3 | €27,654 | €30,987 | +€3,333 | +12.1% |
| Other amounts payable | 47/48 | €11,992 | €177,486 | +€165,494 | +1,380% |
| Accrued charges and deferred income | 492/3 | €4,069 | €0 | -€4,069 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,265 | €143,312 | +€85,046 | +146% |
| Other operating charges | 640/8 | €1,131 | €6,272 | +€5,141 | +455% |
| Gross operating margin | 9900 | €170,517 | €217,897 | +€47,380 | +27.8% |
| Operating profit (loss) | 9901 | €111,121 | €68,314 | -€42,807 | -38.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,953 | €53,688 | +€41,736 | +349% |
| Recurring financial charges | 65 | €11,953 | €53,688 | +€41,736 | +349% |
| Profit (loss) for the period before taxes | 9903 | €99,168 | €14,625 | -€84,543 | -85.3% |
| Income taxes | 67/77 | €19,743 | €3,104 | -€16,639 | -84.3% |
| Profit (loss) for the period | 9904 | €79,425 | €11,521 | -€67,904 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,425 | €11,521 | -€67,904 | -85.5% |
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 14 October 2026 via checked.be.