DE MEULEMEESTER: 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 MEULEMEESTER
Largest movements
- Cash +€38,549
up €38,549 (+28.1%), from €137,118 to €175,667
mainly Net result for the year (+€33,737) and Trade debts (+€16,930)
- Stocks and contracts +€12,740
up €12,740 (+103.4%), from €12,321 to €25,060
- Reserves +€33,737
up €33,737 (+46.5%), from €72,531 to €106,268
of which Distributable reserves: +€33,737
- Trade debts +€16,930
up €16,930 (+39.0%), from €43,412 to €60,342
- Debts after one year -€5,856
down €5,856 (-25.5%), from €22,933 to €17,077
- Other debts +€5,398
up €5,398 (+25583.7%), from €21 to €5,419
- Turnover -€750,449
no longer reported in 2025 (was €750,449)
- Purchases and services -€567,456
no longer reported in 2025 (was €567,456)
- Staff costs +€8,854
up €8,854 (+7.7%), from €114,823 to €123,677
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.
Cash bridge derived
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 | €323,766 | €374,223 | +€50,457 | +15.6% |
| Fixed assets | 21/28 | €63,996 | €63,315 | -€681 | -1.1% |
| Tangible fixed assets | 22/27 | €63,996 | €63,315 | -€681 | -1.1% |
| Land and buildings | 22 | €10,924 | €19,461 | +€8,536 | +78.1% |
| Plant, machinery and equipment | 23 | €53,072 | €43,402 | -€9,670 | -18.2% |
| Furniture and vehicles | 24 | €0 | €453 | +€453 | |
| Current assets | 29/58 | €259,770 | €310,908 | +€51,138 | +19.7% |
| Stocks and contracts in progress | 3 | €12,321 | €25,060 | +€12,740 | +103.4% |
| Stocks | 30/36 | €12,321 | €25,060 | +€12,740 | +103.4% |
| Amounts receivable within one year | 40/41 | €47,658 | €47,913 | +€255 | +0.5% |
| Trade receivables | 40 | €10,170 | €702 | -€9,468 | -93.1% |
| Other amounts receivable | 41 | €37,487 | €47,210 | +€9,723 | +25.9% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €137,118 | €175,667 | +€38,549 | +28.1% |
| Deferred charges and accrued income | 490/1 | €2,673 | €2,268 | -€405 | -15.2% |
| Total equity and liabilities | 10/49 | €323,766 | €374,223 | +€50,457 | +15.6% |
| Equity | 10/15 | €207,932 | €241,670 | +€33,737 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,531 | €106,268 | +€33,737 | +46.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,330 | €1,330 | = | 0.0% |
| Distributable reserves | 133 | €71,201 | €104,938 | +€33,737 | +47.4% |
| Profit (loss) carried forward | 14 | €116,802 | €116,802 | = | 0.0% |
| Amounts payable | 17/49 | €115,833 | €132,553 | +€16,720 | +14.4% |
| Amounts payable after more than one year | 17 | €22,933 | €17,077 | -€5,856 | -25.5% |
| Financial debts | 170/4 | €22,933 | €17,077 | -€5,856 | -25.5% |
| Amounts payable within one year | 42/48 | €92,900 | €115,476 | +€22,576 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €6,502 | €6,865 | +€363 | +5.6% |
| Trade debts | 44 | €43,412 | €60,342 | +€16,930 | +39.0% |
| Suppliers | 440/4 | €43,412 | €60,342 | +€16,930 | +39.0% |
| Taxes, remuneration and social security | 45 | €42,965 | €42,849 | -€116 | -0.3% |
| Taxes | 450/3 | €31,444 | €28,135 | -€3,309 | -10.5% |
| Remuneration and social security | 454/9 | €11,521 | €14,714 | +€3,193 | +27.7% |
| Other amounts payable | 47/48 | €21 | €5,419 | +€5,398 | +25583.7% |
| Turnover | 70 | €750,449 | - | -€750,449 | |
| Goods, raw materials, services and sundry goods | 60/61 | €567,456 | - | -€567,456 | |
| Remuneration, social security and pensions | 62 | €114,823 | €123,677 | +€8,854 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €11,503 | +€6,626 | +135.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,700 | €4,503 | +€803 | +21.7% |
| Gross operating margin | 9900 | €185,402 | €190,861 | +€5,459 | +2.9% |
| Operating profit (loss) | 9901 | €62,001 | €51,178 | -€10,823 | -17.5% |
| Financial income | 75/76B | €155 | €2,088 | +€1,933 | +1244.7% |
| Recurring financial income | 75 | €155 | €2,088 | +€1,933 | +1244.7% |
| Financial charges | 65/66B | €3,140 | €1,809 | -€1,331 | -42.4% |
| Recurring financial charges | 65 | €3,140 | €1,809 | -€1,331 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €59,016 | €51,457 | -€7,559 | -12.8% |
| Income taxes | 67/77 | €19,114 | €17,720 | -€1,394 | -7.3% |
| Profit (loss) for the period | 9904 | €39,902 | €33,737 | -€6,165 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,902 | €33,737 | -€6,165 | -15.5% |
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 12 October 2026 via checked.be.