Firma Meys: 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.
Firma Meys
Largest movements
- Tangible fixed assets -€39,123
down €39,123 (-4.3%), from €905,443 to €866,320
of which Land and buildings: -€21,742
- Cash -€16,235
down €16,235 (-68.1%), from €23,841 to €7,607
mainly Net result for the year (-€68,172) and Tax, wage and social debts (-€26,823)
- Profit (loss) carried forward -€61,152
down €61,152 (-19.2%), from -€319,048 to -€380,200
- Other debts +€38,196
up €38,196 (+42.6%), from €89,755 to €127,951
- Tax, wage and social debts -€26,823
down €26,823 (-98.6%), from €27,215 to €393
- Taxes +€37,816
new in 2025: €37,816
- Gross operating margin -€23,551
down €23,551 (-38.2%), from €61,589 to €38,038
- Other operating charges +€6,300
up €6,300 (+115%), from €5,487 to €11,787
- Financial charges +€1,759
up €1,759 (+35.9%), from €4,901 to €6,660
of which Financial charges: +€1,814
- Depreciation +€827
up €827 (+1.6%), from €52,735 to €53,562
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,058,841 | €994,039 | -€64,802 | -6.1% |
| Fixed assets | 21/28 | €924,711 | €885,588 | -€39,123 | -4.2% |
| Tangible fixed assets | 22/27 | €905,443 | €866,320 | -€39,123 | -4.3% |
| Land and buildings | 22 | €727,774 | €706,032 | -€21,742 | -3.0% |
| Plant, machinery and equipment | 23 | €89,738 | €72,665 | -€17,073 | -19.0% |
| Furniture and vehicles | 24 | €308 | - | -€308 | |
| Other tangible fixed assets | 26 | €87,623 | €87,623 | = | 0.0% |
| Financial fixed assets | 28 | €19,268 | €19,268 | = | 0.0% |
| Current assets | 29/58 | €134,130 | €108,451 | -€25,680 | -19.1% |
| Stocks and contracts in progress | 3 | €17,805 | €14,644 | -€3,161 | -17.8% |
| Stocks | 30/36 | €17,805 | €14,644 | -€3,161 | -17.8% |
| Amounts receivable within one year | 40/41 | €92,484 | €86,201 | -€6,284 | -6.8% |
| Trade receivables | 40 | €73,738 | €74,759 | +€1,021 | +1.4% |
| Other amounts receivable | 41 | €18,746 | €11,441 | -€7,305 | -39.0% |
| Cash at bank and in hand | 54/58 | €23,841 | €7,607 | -€16,235 | -68.1% |
| Total equity and liabilities | 10/49 | €1,058,841 | €994,039 | -€64,802 | -6.1% |
| Equity | 10/15 | €212,009 | €143,837 | -€68,172 | -32.2% |
| Contributions | 10/11 | €137,000 | €137,000 | = | 0.0% |
| Capital | 10 | €137,000 | €137,000 | = | 0.0% |
| Issued capital | 100 | €137,000 | €137,000 | = | 0.0% |
| Revaluation surpluses | 12 | €218,392 | €218,392 | = | 0.0% |
| Reserves | 13 | €175,665 | €168,645 | -€7,019 | -4.0% |
| Non-distributable reserves | 130/1 | €29,505 | €29,505 | = | 0.0% |
| Legal reserve | 130 | €13,634 | €13,634 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,871 | €15,871 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,382 | €132,362 | -€7,019 | -5.0% |
| Distributable reserves | 133 | €6,778 | €6,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€319,048 | -€380,200 | -€61,152 | -19.2% |
| Provisions and deferred taxes | 16 | €71,771 | €68,156 | -€3,614 | -5.0% |
| Deferred taxes | 168 | €71,771 | €68,156 | -€3,614 | -5.0% |
| Amounts payable | 17/49 | €775,062 | €782,046 | +€6,984 | +0.9% |
| Amounts payable after more than one year | 17 | €598,048 | €596,496 | -€1,552 | -0.3% |
| Financial debts | 170/4 | €596,203 | €594,652 | -€1,552 | -0.3% |
| Other amounts payable | 178/9 | €1,844 | €1,844 | = | 0.0% |
| Amounts payable within one year | 42/48 | €177,015 | €185,550 | +€8,536 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €40,729 | €42,674 | +€1,945 | +4.8% |
| Trade debts | 44 | €19,315 | €14,533 | -€4,783 | -24.8% |
| Suppliers | 440/4 | €19,315 | €14,533 | -€4,783 | -24.8% |
| Taxes, remuneration and social security | 45 | €27,215 | €393 | -€26,823 | -98.6% |
| Taxes | 450/3 | €27,215 | €393 | -€26,823 | -98.6% |
| Other amounts payable | 47/48 | €89,755 | €127,951 | +€38,196 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,735 | €53,562 | +€827 | +1.6% |
| Other operating charges | 640/8 | €5,487 | €11,787 | +€6,300 | +115% |
| Gross operating margin | 9900 | €61,589 | €38,038 | -€23,551 | -38.2% |
| Operating profit (loss) | 9901 | €3,367 | -€27,311 | -€30,678 | |
| Financial income | 75/76B | €122 | €1 | -€120 | -98.9% |
| Recurring financial income | 75 | €122 | €1 | -€120 | -98.9% |
| Financial charges | 65/66B | €4,901 | €6,660 | +€1,759 | +35.9% |
| Recurring financial charges | 65 | €4,846 | €6,660 | +€1,814 | +37.4% |
| Non-recurring financial charges | 66B | €55 | - | -€55 | |
| Profit (loss) for the period before taxes | 9903 | -€1,412 | -€33,970 | -€32,558 | -2,306% |
| Transfer from deferred taxes | 780 | €3,614 | €3,614 | -€0 | 0.0% |
| Income taxes | 67/77 | - | €37,816 | +€37,816 | |
| Profit (loss) for the period | 9904 | €2,202 | -€68,172 | -€70,374 | |
| Transfer from tax-exempt reserves | 789 | €7,019 | €7,019 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,222 | -€61,152 | -€70,374 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.