FOUREZ - MEYNCKENS: what changed
FOUREZ - MEYNCKENS
Largest movements
- Current investments +€110,533
up €110,533 (+136%), from €81,293 to €191,827
- Cash -€104,244
down €104,244 (-62.8%), from €165,993 to €61,749
mainly Current investments (-€110,533) and Tax, wage and social debts (-€25,594)
- Receivables within one year +€13,233
up €13,233 (+31.3%), from €42,256 to €55,489
of which Trade receivables: +€9,941
- Reserves +€39,307
up €39,307 (+14.5%), from €271,978 to €311,285
of which Distributable reserves: +€39,307
- Tax, wage and social debts -€25,594
down €25,594 (-81.9%), from €31,240 to €5,646
- Gross operating margin -€29,556
down €29,556 (-27.6%), from €106,955 to €77,398
- Taxes -€7,604
down €7,604 (-23.5%), from €32,326 to €24,722
- Depreciation -€1,457
down €1,457 (-9.7%), from €14,979 to €13,522
- Other operating charges +€1,326
up €1,326 (+114%), from €1,167 to €2,492
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,101 | €340,085 | +€16,984 | +5.3% |
| Fixed assets | 21/28 | €28,517 | €25,801 | -€2,715 | -9.5% |
| Tangible fixed assets | 22/27 | €28,367 | €25,651 | -€2,715 | -9.6% |
| Furniture and vehicles | 24 | €15,762 | €15,174 | -€588 | -3.7% |
| Leasing and similar rights | 25 | €4,738 | €4,209 | -€529 | -11.2% |
| Other tangible fixed assets | 26 | €7,867 | €6,269 | -€1,598 | -20.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €294,584 | €314,283 | +€19,699 | +6.7% |
| Amounts receivable within one year | 40/41 | €42,256 | €55,489 | +€13,233 | +31.3% |
| Trade receivables | 40 | €412 | €10,353 | +€9,941 | +2,413% |
| Other amounts receivable | 41 | €41,844 | €45,136 | +€3,292 | +7.9% |
| Current investments | 50/53 | €81,293 | €191,827 | +€110,533 | +136% |
| Cash at bank and in hand | 54/58 | €165,993 | €61,749 | -€104,244 | -62.8% |
| Deferred charges and accrued income | 490/1 | €5,042 | €5,219 | +€177 | +3.5% |
| Total equity and liabilities | 10/49 | €323,101 | €340,085 | +€16,984 | +5.3% |
| Equity | 10/15 | €290,986 | €330,293 | +€39,307 | +13.5% |
| Contributions | 10/11 | €19,008 | €19,008 | = | 0.0% |
| Reserves | 13 | €271,978 | €311,285 | +€39,307 | +14.5% |
| Non-distributable reserves | 130/1 | €1,901 | €1,901 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,901 | €1,901 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,300 | €37,300 | = | 0.0% |
| Distributable reserves | 133 | €232,777 | €272,084 | +€39,307 | +16.9% |
| Amounts payable | 17/49 | €32,115 | €9,792 | -€22,323 | -69.5% |
| Amounts payable within one year | 42/48 | €32,115 | €9,792 | -€22,323 | -69.5% |
| Trade debts | 44 | €875 | €4,145 | +€3,271 | +374% |
| Suppliers | 440/4 | €875 | €4,145 | +€3,271 | +374% |
| Taxes, remuneration and social security | 45 | €31,240 | €5,646 | -€25,594 | -81.9% |
| Taxes | 450/3 | €31,240 | €5,646 | -€25,594 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,979 | €13,522 | -€1,457 | -9.7% |
| Other operating charges | 640/8 | €1,167 | €2,492 | +€1,326 | +114% |
| Gross operating margin | 9900 | €106,955 | €77,398 | -€29,556 | -27.6% |
| Operating profit (loss) | 9901 | €90,809 | €61,384 | -€29,425 | -32.4% |
| Financial income | 75/76B | €2,062 | €3,053 | +€991 | +48.1% |
| Recurring financial income | 75 | €2,062 | €3,053 | +€991 | +48.1% |
| Financial charges | 65/66B | €146 | €408 | +€262 | +180% |
| Recurring financial charges | 65 | €146 | €408 | +€262 | +180% |
| Profit (loss) for the period before taxes | 9903 | €92,724 | €64,029 | -€28,696 | -30.9% |
| Income taxes | 67/77 | €32,326 | €24,722 | -€7,604 | -23.5% |
| Profit (loss) for the period | 9904 | €60,399 | €39,307 | -€21,092 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,399 | €39,307 | -€21,092 | -34.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.