DE MEULEMEESTER KARIN: 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 KARIN
Largest movements
- Tangible fixed assets +€27,155
up €27,155 (+403%), from €6,737 to €33,893
of which Furniture and vehicles: +€27,803
- Intangible fixed assets -€14,939
down €14,939 (-20.2%), from €73,890 to €58,952
- Cash -€12,015
down €12,015 (-67.9%), from €17,689 to €5,673
mainly Investment in fixed assets (net) (-€30,223) and Other debts (-€13,332)
- Debts after one year +€26,545
up €26,545, from €0 to €26,545
- Other debts -€13,332
down €13,332 (-13.0%), from €102,333 to €89,001
- Current portion of long-term debt -€8,622
down €8,622 (-84.4%), from €10,221 to €1,600
- Accrued charges and deferred income -€1,311
down €1,311 (-100%), from €1,311 to €0
- Gross operating margin -€5,542
down €5,542 (-19.6%), from €28,318 to €22,776
- Taxes +€2,924
up €2,924 (+212%), from €1,377 to €4,301
- Depreciation +€1,505
up €1,505 (+9.1%), from €16,502 to €18,006
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 | €126,961 | €128,280 | +€1,319 | +1.0% |
| Fixed assets | 21/28 | €80,628 | €92,844 | +€12,217 | +15.2% |
| Intangible fixed assets | 21 | €73,890 | €58,952 | -€14,939 | -20.2% |
| Tangible fixed assets | 22/27 | €6,737 | €33,893 | +€27,155 | +403% |
| Furniture and vehicles | 24 | €1,038 | €28,841 | +€27,803 | +2,679% |
| Other tangible fixed assets | 26 | €5,700 | €5,052 | -€648 | -11.4% |
| Current assets | 29/58 | €46,333 | €35,435 | -€10,898 | -23.5% |
| Amounts receivable within one year | 40/41 | €28,623 | €29,762 | +€1,139 | +4.0% |
| Trade receivables | 40 | - | €439 | +€439 | |
| Other amounts receivable | 41 | €28,623 | €29,323 | +€699 | +2.4% |
| Cash at bank and in hand | 54/58 | €17,689 | €5,673 | -€12,015 | -67.9% |
| Deferred charges and accrued income | 490/1 | €21 | €0 | -€21 | -100% |
| Total equity and liabilities | 10/49 | €126,961 | €128,280 | +€1,319 | +1.0% |
| Equity | 10/15 | €11,385 | €10,369 | -€1,016 | -8.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,385 | €369 | -€1,016 | -73.3% |
| Amounts payable | 17/49 | €115,576 | €117,911 | +€2,335 | +2.0% |
| Amounts payable after more than one year | 17 | €0 | €26,545 | +€26,545 | |
| Financial debts | 170/4 | €0 | €26,545 | +€26,545 | |
| Amounts payable within one year | 42/48 | €114,265 | €91,365 | -€22,900 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €10,221 | €1,600 | -€8,622 | -84.4% |
| Financial debts | 43 | €24 | €15 | -€9 | -37.2% |
| Credit institutions | 430/8 | €24 | €15 | -€9 | -37.2% |
| Trade debts | 44 | €967 | €0 | -€967 | -100% |
| Suppliers | 440/4 | €967 | €0 | -€967 | -100% |
| Taxes, remuneration and social security | 45 | €720 | €750 | +€30 | +4.2% |
| Taxes | 450/3 | €720 | €750 | +€30 | +4.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €102,333 | €89,001 | -€13,332 | -13.0% |
| Accrued charges and deferred income | 492/3 | €1,311 | €0 | -€1,311 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,502 | €18,006 | +€1,505 | +9.1% |
| Other operating charges | 640/8 | €610 | €647 | +€37 | +6.0% |
| Gross operating margin | 9900 | €28,318 | €22,776 | -€5,542 | -19.6% |
| Operating profit (loss) | 9901 | €11,206 | €4,123 | -€7,083 | -63.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,065 | €838 | -€226 | -21.3% |
| Recurring financial charges | 65 | €1,065 | €838 | -€226 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €10,142 | €3,285 | -€6,857 | -67.6% |
| Income taxes | 67/77 | €1,377 | €4,301 | +€2,924 | +212% |
| Profit (loss) for the period | 9904 | €8,765 | -€1,016 | -€9,781 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,765 | -€1,016 | -€9,781 |
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.