DE MEYER: 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.
What changed
DE MEYER
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,530
2024 · €63,791-€70,321
Equity
€902,923
2024 · €909,453-€6,530
Cash
€47,343
2024 · €42,691+€4,652
Balance sheet total
€1.6m
2024 · €1.7m-€60,316
Largest movements
Assets
- Tangible fixed assets -€54,245
down €54,245 (-7.2%), from €754,138 to €699,893
of which Land and buildings: -€51,424
- Receivables within one year -€26,967
down €26,967 (-22.3%), from €120,840 to €93,873
of which Trade receivables: -€43,260
Equity and liabilities
- Debts after one year -€114,602
down €114,602 (-33.3%), from €344,549 to €229,947
- Trade debts +€40,381
up €40,381 (+25.7%), from €157,262 to €197,643
- Other debts +€24,952
up €24,952 (+26.0%), from €96,146 to €121,098
- Tax, wage and social debts -€19,214
down €19,214 (-31.0%), from €62,003 to €42,789
of which Taxes: -€18,451
Income statement
- Gross operating margin -€109,619
down €109,619 (-30.9%), from €354,349 to €244,730
- Taxes -€24,116
down €24,116 (-98.6%), from €24,451 to €335
- Staff costs -€17,022
down €17,022 (-9.8%), from €173,825 to €156,803
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.
Result 2024
€63,791
Gross operating margin
-€109,619
Staff costs
+€17,022
Depreciation
-€1,236
Other operating charges
-€246
Other operating items
+€319
Financial income
-€2,069
Financial charges
+€1,392
Taxes
+€24,116
Result 2025
-€6,530
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€126,429
Investment
-€21,661
Financing
-€100,116
Cash 2024
€42,691
From operations (derived)
+€126,429
Net result for the year
-€6,530
Depreciation
+€75,906
Stocks and contracts
-€13,438
Receivables within one year
+€26,967
Deferred charges and accrued income
-€2,806
Trade debts
+€40,381
Tax, wage and social debts
-€19,214
Smaller working-capital items
+€210
Other debts
+€24,952
Investment (derived)
-€21,661
Investment in fixed assets (net)
-€21,661
Financing
-€100,116
Debts after one year
-€114,602
Current portion of long-term debt
+€4,503
Short-term financial debts
+€9,983
Cash 2025
€47,343
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,694,446 | €1,634,130 | -€60,316 | -3.6% |
| Fixed assets | 21/28 | €754,632 | €700,387 | -€54,245 | -7.2% |
| Tangible fixed assets | 22/27 | €754,138 | €699,893 | -€54,245 | -7.2% |
| Land and buildings | 22 | €726,726 | €675,302 | -€51,424 | -7.1% |
| Plant, machinery and equipment | 23 | €21,566 | €18,444 | -€3,123 | -14.5% |
| Furniture and vehicles | 24 | €5,846 | €6,148 | +€302 | +5.2% |
| Financial fixed assets | 28 | €494 | €494 | = | 0.0% |
| Current assets | 29/58 | €939,814 | €933,743 | -€6,071 | -0.6% |
| Stocks and contracts in progress | 3 | €767,484 | €780,922 | +€13,438 | +1.8% |
| Stocks | 30/36 | €767,484 | €780,922 | +€13,438 | +1.8% |
| Amounts receivable within one year | 40/41 | €120,840 | €93,873 | -€26,967 | -22.3% |
| Trade receivables | 40 | €118,758 | €75,498 | -€43,260 | -36.4% |
| Other amounts receivable | 41 | €2,083 | €18,375 | +€16,292 | +782% |
| Cash at bank and in hand | 54/58 | €42,691 | €47,343 | +€4,652 | +10.9% |
| Deferred charges and accrued income | 490/1 | €8,799 | €11,605 | +€2,806 | +31.9% |
| Total equity and liabilities | 10/49 | €1,694,446 | €1,634,130 | -€60,316 | -3.6% |
| Equity | 10/15 | €909,453 | €902,923 | -€6,530 | -0.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €703,892 | €703,892 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,468 | €7,468 | = | 0.0% |
| Distributable reserves | 133 | €696,423 | €696,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,561 | €174,031 | -€6,530 | -3.6% |
| Amounts payable | 17/49 | €784,993 | €731,207 | -€53,786 | -6.9% |
| Amounts payable after more than one year | 17 | €344,549 | €229,947 | -€114,602 | -33.3% |
| Financial debts | 170/4 | €344,549 | €229,947 | -€114,602 | -33.3% |
| Amounts payable within one year | 42/48 | €435,445 | €496,060 | +€60,616 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €120,034 | €124,537 | +€4,503 | +3.8% |
| Financial debts | 43 | - | €9,983 | +€9,983 | |
| Credit institutions | 430/8 | - | €9,983 | +€9,983 | |
| Trade debts | 44 | €157,262 | €197,643 | +€40,381 | +25.7% |
| Suppliers | 440/4 | €157,262 | €197,643 | +€40,381 | +25.7% |
| Advances received on contracts in progress | 46 | - | €10 | +€10 | |
| Taxes, remuneration and social security | 45 | €62,003 | €42,789 | -€19,214 | -31.0% |
| Taxes | 450/3 | €31,783 | €13,333 | -€18,451 | -58.1% |
| Remuneration and social security | 454/9 | €30,220 | €29,457 | -€763 | -2.5% |
| Other amounts payable | 47/48 | €96,146 | €121,098 | +€24,952 | +26.0% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,200 | +€200 | +4.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €173,825 | €156,803 | -€17,022 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,670 | €75,906 | +€1,236 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,759 | €8,004 | +€246 | +3.2% |
| Non-recurring operating charges | 66A | €956 | €637 | -€319 | -33.4% |
| Gross operating margin | 9900 | €354,349 | €244,730 | -€109,619 | -30.9% |
| Operating profit (loss) | 9901 | €97,141 | €3,380 | -€93,760 | -96.5% |
| Financial income | 75/76B | €2,921 | €852 | -€2,069 | -70.8% |
| Recurring financial income | 75 | €2,921 | €852 | -€2,069 | -70.8% |
| Financial charges | 65/66B | €11,819 | €10,427 | -€1,392 | -11.8% |
| Recurring financial charges | 65 | €11,819 | €10,427 | -€1,392 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €88,242 | -€6,195 | -€94,437 | |
| Income taxes | 67/77 | €24,451 | €335 | -€24,116 | -98.6% |
| Profit (loss) for the period | 9904 | €63,791 | -€6,530 | -€70,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,791 | -€6,530 | -€70,321 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.