DE MEYER MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€37,457
down €37,457 (-94.6%), from €39,576 to €2,119
of which Trade receivables: -€24,200
- Tangible fixed assets -€7,240
down €7,240 (-1.9%), from €372,047 to €364,806
of which Land and buildings: -€6,693
- Debts after one year -€25,000
down €25,000 (-20.8%), from €120,000 to €95,000
- Profit (loss) carried forward -€19,323
down €19,323 (-7.0%), from €275,442 to €256,119
- Gross operating margin -€27,185
down €27,185, from €21,283 to -€5,903
- Other operating charges +€1,147
up €1,147 (+46.2%), from €2,481 to €3,628
- Depreciation -€742
down €742 (-9.3%), from €7,983 to €7,240
- Financial charges -€253
down €253 (-8.2%), from €3,075 to €2,822
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 | €439,893 | €396,253 | -€43,640 | -9.9% |
| Fixed assets | 21/28 | €372,047 | €364,806 | -€7,240 | -1.9% |
| Tangible fixed assets | 22/27 | €372,047 | €364,806 | -€7,240 | -1.9% |
| Land and buildings | 22 | €367,131 | €360,438 | -€6,693 | -1.8% |
| Other tangible fixed assets | 26 | €4,916 | €4,368 | -€547 | -11.1% |
| Current assets | 29/58 | €67,846 | €31,447 | -€36,399 | -53.7% |
| Amounts receivable after more than one year | 29 | €3,500 | €3,500 | = | 0.0% |
| Other amounts receivable | 291 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,576 | €2,119 | -€37,457 | -94.6% |
| Trade receivables | 40 | €26,000 | €1,800 | -€24,200 | -93.1% |
| Other amounts receivable | 41 | €13,576 | €319 | -€13,257 | -97.6% |
| Cash at bank and in hand | 54/58 | €4,722 | €5,105 | +€383 | +8.1% |
| Deferred charges and accrued income | 490/1 | €20,048 | €20,722 | +€674 | +3.4% |
| Total equity and liabilities | 10/49 | €439,893 | €396,253 | -€43,640 | -9.9% |
| Equity | 10/15 | €314,025 | €294,702 | -€19,323 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,983 | €19,983 | = | 0.0% |
| Distributable reserves | 133 | €19,983 | €19,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,442 | €256,119 | -€19,323 | -7.0% |
| Amounts payable | 17/49 | €125,868 | €101,551 | -€24,317 | -19.3% |
| Amounts payable after more than one year | 17 | €120,000 | €95,000 | -€25,000 | -20.8% |
| Financial debts | 170/4 | €120,000 | €95,000 | -€25,000 | -20.8% |
| Amounts payable within one year | 42/48 | €2,868 | €3,806 | +€937 | +32.7% |
| Trade debts | 44 | €89 | €515 | +€427 | +480.8% |
| Suppliers | 440/4 | €89 | €515 | +€427 | +480.8% |
| Taxes, remuneration and social security | 45 | €2,752 | €1,684 | -€1,068 | -38.8% |
| Taxes | 450/3 | €2,752 | €1,684 | -€1,068 | -38.8% |
| Other amounts payable | 47/48 | €28 | €1,606 | +€1,578 | +5667.1% |
| Accrued charges and deferred income | 492/3 | €3,000 | €2,745 | -€255 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,983 | €7,240 | -€742 | -9.3% |
| Other operating charges | 640/8 | €2,481 | €3,628 | +€1,147 | +46.2% |
| Gross operating margin | 9900 | €21,283 | -€5,903 | -€27,185 | |
| Operating profit (loss) | 9901 | €10,819 | -€16,771 | -€27,590 | |
| Financial income | 75/76B | €767 | €769 | +€3 | +0.3% |
| Recurring financial income | 75 | €767 | €769 | +€3 | +0.3% |
| Financial charges | 65/66B | €3,075 | €2,822 | -€253 | -8.2% |
| Recurring financial charges | 65 | €3,075 | €2,822 | -€253 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €8,511 | -€18,823 | -€27,334 | |
| Income taxes | 67/77 | €607 | €499 | -€108 | -17.7% |
| Profit (loss) for the period | 9904 | €7,904 | -€19,323 | -€27,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,904 | -€19,323 | -€27,227 |
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 11 October 2026 via checked.be.