DE MEULENAERE: what changed
What changed
DE MEULENAERE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€33,106
2023 · €84,314-€51,208
Equity
€415,293
2023 · €382,186+€33,106
Cash
€17,714
2023 · €17,830-€116
Balance sheet total
€1.5m
2023 · €1.6m-€52,222
Largest movements
Assets
- Tangible fixed assets -€22,743
down €22,743 (-7.1%), from €318,263 to €295,520
of which Other tangible fixed assets: -€19,443
- Deferred charges and accrued income -€18,364
down €18,364 (-20.0%), from €91,589 to €73,226
Equity and liabilities
- Debts after one year -€65,618
down €65,618 (-6.7%), from €977,155 to €911,537
- Trade debts -€41,545
down €41,545 (-34.8%), from €119,309 to €77,765
- Advances received +€20,268
new in 2024: €20,268
- Reserves +€20,000
up €20,000 (+17.4%), from €115,000 to €135,000
Income statement
- Gross operating margin -€33,365
down €33,365 (-19.4%), from €171,689 to €138,323
- Financial charges +€22,737
up €22,737 (+84.1%), from €27,047 to €49,784
- Financial income +€4,946
up €4,946 (+510%), from €970 to €5,916
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€84,314
Gross operating margin
-€33,365
Depreciation
+€800
Other operating charges
+€1,036
Other operating items
-€2,315
Financial income
+€4,946
Financial charges
-€22,737
Taxes
+€427
Result 2024
€33,106
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€75,878
Investment
€0
Financing
-€75,995
Cash 2023
€17,830
From operations (derived)
+€75,878
Net result for the year
+€33,106
Depreciation
+€22,743
Stocks and contracts
-€967
Receivables within one year
+€11,966
Deferred charges and accrued income
+€18,364
Trade debts
-€41,545
Tax, wage and social debts
+€10,687
Advances received
+€20,268
Accrued charges and deferred income
+€1,257
Financing
-€75,995
Debts after one year
-€65,618
Current portion of long-term debt
-€10,377
Cash 2024
€17,714
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,573,257 | €1,521,035 | -€52,222 | -3.3% |
| Fixed assets | 21/28 | €382,288 | €359,545 | -€22,743 | -5.9% |
| Tangible fixed assets | 22/27 | €318,263 | €295,520 | -€22,743 | -7.1% |
| Furniture and vehicles | 24 | €9,728 | €6,428 | -€3,300 | -33.9% |
| Other tangible fixed assets | 26 | €308,535 | €289,092 | -€19,443 | -6.3% |
| Financial fixed assets | 28 | €64,025 | €64,025 | = | 0.0% |
| Current assets | 29/58 | €1,190,969 | €1,161,490 | -€29,479 | -2.5% |
| Stocks and contracts in progress | 3 | €907,633 | €908,600 | +€967 | +0.1% |
| Stocks | 30/36 | €907,633 | €908,600 | +€967 | +0.1% |
| Amounts receivable within one year | 40/41 | €173,917 | €161,951 | -€11,966 | -6.9% |
| Trade receivables | 40 | €16,079 | €7,449 | -€8,630 | -53.7% |
| Other amounts receivable | 41 | €157,838 | €154,502 | -€3,336 | -2.1% |
| Cash at bank and in hand | 54/58 | €17,830 | €17,714 | -€116 | -0.7% |
| Deferred charges and accrued income | 490/1 | €91,589 | €73,226 | -€18,364 | -20.0% |
| Total equity and liabilities | 10/49 | €1,573,257 | €1,521,035 | -€52,222 | -3.3% |
| Equity | 10/15 | €382,186 | €415,293 | +€33,106 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,000 | €135,000 | +€20,000 | +17.4% |
| Distributable reserves | 133 | €115,000 | €135,000 | +€20,000 | +17.4% |
| Profit (loss) carried forward | 14 | €248,586 | €261,693 | +€13,106 | +5.3% |
| Amounts payable | 17/49 | €1,191,071 | €1,105,743 | -€85,328 | -7.2% |
| Amounts payable after more than one year | 17 | €977,155 | €911,537 | -€65,618 | -6.7% |
| Financial debts | 170/4 | €977,155 | €911,537 | -€65,618 | -6.7% |
| Amounts payable within one year | 42/48 | €198,304 | €177,337 | -€20,967 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €75,995 | €65,618 | -€10,377 | -13.7% |
| Trade debts | 44 | €119,309 | €77,765 | -€41,545 | -34.8% |
| Suppliers | 440/4 | €119,309 | €77,765 | -€41,545 | -34.8% |
| Advances received on contracts in progress | 46 | - | €20,268 | +€20,268 | |
| Taxes, remuneration and social security | 45 | €3,000 | €13,687 | +€10,687 | +356% |
| Taxes | 450/3 | - | €13,284 | +€13,284 | |
| Remuneration and social security | 454/9 | €3,000 | €403 | -€2,597 | -86.6% |
| Accrued charges and deferred income | 492/3 | €15,612 | €16,869 | +€1,257 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,543 | €22,743 | -€800 | -3.4% |
| Other operating charges | 640/8 | €4,313 | €3,277 | -€1,036 | -24.0% |
| Non-recurring operating charges | 66A | - | €2,315 | +€2,315 | |
| Gross operating margin | 9900 | €171,689 | €138,323 | -€33,365 | -19.4% |
| Operating profit (loss) | 9901 | €143,833 | €109,989 | -€33,844 | -23.5% |
| Financial income | 75/76B | €970 | €5,916 | +€4,946 | +510% |
| Recurring financial income | 75 | €970 | €5,916 | +€4,946 | +510% |
| Financial charges | 65/66B | €27,047 | €49,784 | +€22,737 | +84.1% |
| Recurring financial charges | 65 | €27,047 | €49,784 | +€22,737 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €117,755 | €66,120 | -€51,635 | -43.8% |
| Income taxes | 67/77 | €33,441 | €33,014 | -€427 | -1.3% |
| Profit (loss) for the period | 9904 | €84,314 | €33,106 | -€51,208 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,314 | €33,106 | -€51,208 | -60.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.