DE MEESTER WIM: 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 WIM
Largest movements
- Cash +€58,522
up €58,522 (+34.1%), from €171,699 to €230,221
mainly Receivables within one year (+€52,036) and Other debts (+€39,641)
- Receivables within one year -€52,036
down €52,036 (-83.1%), from €62,596 to €10,560
of which Other amounts receivable: -€30,742
- Stocks and contracts +€47,216
up €47,216 (+6.8%), from €698,466 to €745,682
- Tangible fixed assets -€19,961
down €19,961 (-38.8%), from €51,424 to €31,463
of which Furniture and vehicles: -€13,396
- Other debts +€39,641
new in 2025: €39,641
- Reserves +€25,578
up €25,578 (+3.0%), from €854,380 to €879,959
- Trade debts -€16,770
down €16,770 (-27.8%), from €60,362 to €43,593
- Financial charges +€75,037
up €75,037 (+1,910%), from €3,929 to €78,966
- Gross operating margin +€49,269
up €49,269 (+26.4%), from €186,502 to €235,772
- Taxes -€8,948
down €8,948 (-42.6%), from €21,000 to €12,052
- Other operating charges -€8,778
down €8,778 (-61.5%), from €14,264 to €5,485
- Write-downs +€7,748
up €7,748, from -€7,748 to €0
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 | €995,306 | €1,027,892 | +€32,586 | +3.3% |
| Fixed assets | 21/28 | €55,174 | €35,213 | -€19,961 | -36.2% |
| Tangible fixed assets | 22/27 | €51,424 | €31,463 | -€19,961 | -38.8% |
| Plant, machinery and equipment | 23 | €9,252 | €5,197 | -€4,054 | -43.8% |
| Furniture and vehicles | 24 | €38,741 | €25,345 | -€13,396 | -34.6% |
| Other tangible fixed assets | 26 | €3,430 | €920 | -€2,510 | -73.2% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €940,133 | €992,679 | +€52,546 | +5.6% |
| Stocks and contracts in progress | 3 | €698,466 | €745,682 | +€47,216 | +6.8% |
| Stocks | 30/36 | €698,466 | €745,682 | +€47,216 | +6.8% |
| Amounts receivable within one year | 40/41 | €62,596 | €10,560 | -€52,036 | -83.1% |
| Trade receivables | 40 | €30,849 | €9,555 | -€21,294 | -69.0% |
| Other amounts receivable | 41 | €31,747 | €1,005 | -€30,742 | -96.8% |
| Cash at bank and in hand | 54/58 | €171,699 | €230,221 | +€58,522 | +34.1% |
| Deferred charges and accrued income | 490/1 | €7,372 | €6,216 | -€1,156 | -15.7% |
| Total equity and liabilities | 10/49 | €995,306 | €1,027,892 | +€32,586 | +3.3% |
| Equity | 10/15 | €866,854 | €892,432 | +€25,578 | +3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €854,380 | €879,959 | +€25,578 | +3.0% |
| Distributable reserves | 133 | €854,380 | €879,959 | +€25,578 | +3.0% |
| Profit (loss) carried forward | 14 | €74 | €74 | = | 0.0% |
| Amounts payable | 17/49 | €128,452 | €135,460 | +€7,007 | +5.5% |
| Amounts payable after more than one year | 17 | €23,565 | €13,728 | -€9,837 | -41.7% |
| Financial debts | 170/4 | €23,565 | €13,728 | -€9,837 | -41.7% |
| Amounts payable within one year | 42/48 | €102,887 | €121,731 | +€18,844 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €9,460 | €9,837 | +€377 | +4.0% |
| Trade debts | 44 | €60,362 | €43,593 | -€16,770 | -27.8% |
| Suppliers | 440/4 | €60,362 | €43,593 | -€16,770 | -27.8% |
| Advances received on contracts in progress | 46 | €199 | €0 | -€199 | -100% |
| Taxes, remuneration and social security | 45 | €32,866 | €28,660 | -€4,205 | -12.8% |
| Taxes | 450/3 | €11,788 | €16,329 | +€4,540 | +38.5% |
| Remuneration and social security | 454/9 | €21,077 | €12,332 | -€8,745 | -41.5% |
| Other amounts payable | 47/48 | - | €39,641 | +€39,641 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100% |
| Non-recurring operating income | 76A | - | €2,200 | +€2,200 | |
| Remuneration, social security and pensions | 62 | €91,786 | €95,532 | +€3,746 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,391 | €21,914 | +€523 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,748 | €0 | +€7,748 | |
| Other operating charges | 640/8 | €14,264 | €5,485 | -€8,778 | -61.5% |
| Gross operating margin | 9900 | €186,502 | €235,772 | +€49,269 | +26.4% |
| Operating profit (loss) | 9901 | €66,811 | €112,841 | +€46,030 | +68.9% |
| Financial income | 75/76B | €4,363 | €3,755 | -€609 | -13.9% |
| Recurring financial income | 75 | €4,363 | €3,755 | -€609 | -13.9% |
| Financial charges | 65/66B | €3,929 | €78,966 | +€75,037 | +1,910% |
| Recurring financial charges | 65 | €3,929 | €78,966 | +€75,037 | +1,910% |
| Profit (loss) for the period before taxes | 9903 | €67,245 | €37,630 | -€29,615 | -44.0% |
| Income taxes | 67/77 | €21,000 | €12,052 | -€8,948 | -42.6% |
| Profit (loss) for the period | 9904 | €46,245 | €25,578 | -€20,667 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,245 | €25,578 | -€20,667 | -44.7% |
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 27 October 2026 via checked.be.