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.
DE MEYER
Largest movements
- Receivables within one year -€46,501
down €46,501 (-90.3%), from €51,475 to €4,974
of which Trade receivables: -€26,675
- Tangible fixed assets -€13,205
down €13,205 (-19.0%), from €69,332 to €56,127
of which Land and buildings: -€9,409
- Cash +€10,139
up €10,139 (+164.7%), from €6,155 to €16,295
mainly Receivables within one year (+€46,501) and Depreciation (+€13,205)
- Profit (loss) carried forward -€49,674
down €49,674 (-64.9%), from €76,562 to €26,888
- Gross operating margin -€166,238
down €166,238, from €131,608 to -€34,629
- Taxes -€28,370
down €28,370 (-99.6%), from €28,476 to €106
- Other operating charges -€1,649
down €1,649 (-56.6%), from €2,915 to €1,266
- Financial income +€1,399
new in 2025: €1,399
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 | €277,228 | €227,567 | -€49,661 | -17.9% |
| Fixed assets | 21/28 | €69,332 | €56,127 | -€13,205 | -19.0% |
| Tangible fixed assets | 22/27 | €69,332 | €56,127 | -€13,205 | -19.0% |
| Land and buildings | 22 | €52,550 | €43,142 | -€9,409 | -17.9% |
| Plant, machinery and equipment | 23 | €12,848 | €9,654 | -€3,194 | -24.9% |
| Furniture and vehicles | 24 | €3,934 | €3,331 | -€603 | -15.3% |
| Current assets | 29/58 | €207,896 | €171,440 | -€36,456 | -17.5% |
| Amounts receivable within one year | 40/41 | €51,475 | €4,974 | -€46,501 | -90.3% |
| Trade receivables | 40 | €30,727 | €4,052 | -€26,675 | -86.8% |
| Other amounts receivable | 41 | €20,748 | €922 | -€19,826 | -95.6% |
| Current investments | 50/53 | €150,266 | €150,141 | -€125 | -0.1% |
| Cash at bank and in hand | 54/58 | €6,155 | €16,295 | +€10,139 | +164.7% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €277,228 | €227,567 | -€49,661 | -17.9% |
| Equity | 10/15 | €277,022 | €227,348 | -€49,674 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,860 | €181,860 | = | 0.0% |
| Distributable reserves | 133 | €181,860 | €181,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,562 | €26,888 | -€49,674 | -64.9% |
| Amounts payable | 17/49 | €206 | €219 | +€12 | +5.9% |
| Amounts payable within one year | 42/48 | - | €106 | +€106 | |
| Taxes, remuneration and social security | 45 | - | €106 | +€106 | |
| Taxes | 450/3 | - | €106 | +€106 | |
| Accrued charges and deferred income | 492/3 | €206 | €113 | -€93 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,940 | €13,205 | +€265 | +2.0% |
| Other operating charges | 640/8 | €2,915 | €1,266 | -€1,649 | -56.6% |
| Gross operating margin | 9900 | €131,608 | -€34,629 | -€166,238 | |
| Operating profit (loss) | 9901 | €115,753 | -€49,100 | -€164,854 | |
| Financial income | 75/76B | - | €1,399 | +€1,399 | |
| Recurring financial income | 75 | - | €1,399 | +€1,399 | |
| Financial charges | 65/66B | €1,785 | €1,867 | +€82 | +4.6% |
| Recurring financial charges | 65 | €1,785 | €1,867 | +€82 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €113,968 | -€49,568 | -€163,536 | |
| Income taxes | 67/77 | €28,476 | €106 | -€28,370 | -99.6% |
| Profit (loss) for the period | 9904 | €85,493 | -€49,674 | -€135,166 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,493 | -€49,674 | -€135,166 |
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 9 October 2026 via checked.be.