DE MEUTTER CHAPEWERKEN: what changed
What changed
DE MEUTTER CHAPEWERKEN
NACE 77.320, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
-€37,527
2024 · -€5,165-€32,363
Equity
€90,488
2024 · €128,015-€37,527
Cash
€51,367
2024 · €101,145-€49,778
Balance sheet total
€225,986
2024 · €255,950-€29,964
Largest movements
Assets
- Cash -€49,778
down €49,778 (-49.2%), from €101,145 to €51,367
mainly Receivables within one year (-€39,663) and Net result for the year (-€37,527)
- Receivables within one year +€39,663
up €39,663 (+72.0%), from €55,068 to €94,731
of which Trade receivables: +€41,751
- Tangible fixed assets -€20,181
down €20,181 (-23.0%), from €87,718 to €67,537
of which Furniture and vehicles: -€11,588
Equity and liabilities
- Reserves -€34,274
down €34,274 (-31.7%), from €108,015 to €73,741
of which Distributable reserves: -€33,899
- Trade debts +€9,141
up €9,141 (+40.6%), from €22,498 to €31,639
- Profit (loss) carried forward -€3,253
new in 2025: -€3,253
Income statement
- Gross operating margin -€19,553
down €19,553 (-22.4%), from €87,366 to €67,813
- Staff costs +€6,777
up €6,777 (+10.5%), from €64,746 to €71,523
- Depreciation +€5,543
up €5,543 (+24.1%), from €23,015 to €28,557
Change in the result, 2024 to 2025
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 2024
-€5,165
Gross operating margin
-€19,553
Staff costs
-€6,777
Depreciation
-€5,543
Other operating charges
-€346
Financial income
+€208
Financial charges
-€416
Taxes
+€64
Result 2025
-€37,527
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€41,792
Investment
-€7,987
Financing
€0
Cash 2024
€101,145
From operations (derived)
-€41,792
Net result for the year
-€37,527
Depreciation
+€28,557
Receivables within one year
-€39,663
Deferred charges and accrued income
-€723
Provisions
-€125
Trade debts
+€9,141
Tax, wage and social debts
+€522
Other debts
-€1,975
Investment (derived)
-€7,987
Investment in fixed assets (net)
-€7,987
Cash 2025
€51,367
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,950 | €225,986 | -€29,964 | -11.7% |
| Fixed assets | 21/28 | €89,626 | €69,055 | -€20,571 | -23.0% |
| Intangible fixed assets | 21 | €1,888 | €1,498 | -€390 | -20.7% |
| Tangible fixed assets | 22/27 | €87,718 | €67,537 | -€20,181 | -23.0% |
| Land and buildings | 22 | €38,308 | €30,141 | -€8,168 | -21.3% |
| Plant, machinery and equipment | 23 | €507 | €82 | -€425 | -83.8% |
| Furniture and vehicles | 24 | €48,902 | €37,314 | -€11,588 | -23.7% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €166,324 | €156,931 | -€9,393 | -5.6% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,068 | €94,731 | +€39,663 | +72.0% |
| Trade receivables | 40 | €51,328 | €93,079 | +€41,751 | +81.3% |
| Other amounts receivable | 41 | €3,740 | €1,652 | -€2,088 | -55.8% |
| Cash at bank and in hand | 54/58 | €101,145 | €51,367 | -€49,778 | -49.2% |
| Deferred charges and accrued income | 490/1 | €5,610 | €6,333 | +€723 | +12.9% |
| Total equity and liabilities | 10/49 | €255,950 | €225,986 | -€29,964 | -11.7% |
| Equity | 10/15 | €128,015 | €90,488 | -€37,527 | -29.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €108,015 | €73,741 | -€34,274 | -31.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Legal reserve | 130 | €0 | - | = | |
| Tax-exempt reserves | 132 | €391 | €16 | -€375 | -95.9% |
| Distributable reserves | 133 | €107,624 | €73,725 | -€33,899 | -31.5% |
| Profit (loss) carried forward | 14 | - | -€3,253 | -€3,253 | |
| Provisions and deferred taxes | 16 | €609 | €484 | -€125 | -20.5% |
| Deferred taxes | 168 | €609 | €484 | -€125 | -20.5% |
| Amounts payable | 17/49 | €127,326 | €135,014 | +€7,689 | +6.0% |
| Amounts payable after more than one year | 17 | €22,500 | €22,500 | = | 0.0% |
| Financial debts | 170/4 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,826 | €112,514 | +€7,689 | +7.3% |
| Trade debts | 44 | €22,498 | €31,639 | +€9,141 | +40.6% |
| Suppliers | 440/4 | €22,498 | €31,639 | +€9,141 | +40.6% |
| Taxes, remuneration and social security | 45 | €9,761 | €10,283 | +€522 | +5.4% |
| Taxes | 450/3 | €620 | €1,426 | +€806 | +130% |
| Remuneration and social security | 454/9 | €9,141 | €8,858 | -€283 | -3.1% |
| Other amounts payable | 47/48 | €72,567 | €70,592 | -€1,975 | -2.7% |
| Remuneration, social security and pensions | 62 | €64,746 | €71,523 | +€6,777 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,015 | €28,557 | +€5,543 | +24.1% |
| Other operating charges | 640/8 | €4,283 | €4,629 | +€346 | +8.1% |
| Gross operating margin | 9900 | €87,366 | €67,813 | -€19,553 | -22.4% |
| Operating profit (loss) | 9901 | -€4,678 | -€36,897 | -€32,219 | -689% |
| Financial income | 75/76B | €17 | €225 | +€208 | +1,234% |
| Recurring financial income | 75 | €17 | €225 | +€208 | +1,234% |
| Financial charges | 65/66B | €565 | €981 | +€416 | +73.7% |
| Recurring financial charges | 65 | €565 | €981 | +€416 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,226 | -€37,653 | -€32,427 | -621% |
| Transfer from deferred taxes | 780 | €125 | €125 | = | 0.0% |
| Income taxes | 67/77 | €64 | €0 | -€64 | -100% |
| Profit (loss) for the period | 9904 | -€5,165 | -€37,527 | -€32,363 | -627% |
| Transfer from tax-exempt reserves | 789 | €375 | €375 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,790 | -€37,152 | -€32,363 | -676% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.