IMMO MEERHUYS: 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.
IMMO MEERHUYS
Largest movements
- Deferred charges and accrued income +€26,775
new in 2025: €26,775
- Cash -€11,919
down €11,919 (-76.7%), from €15,540 to €3,621
mainly Deferred charges and accrued income (-€26,775) and Net result for the year (-€11,004)
- Tangible fixed assets +€10,000
up €10,000 (+4.5%), from €223,885 to €233,885
- Stocks and contracts -€10,000
no longer reported in 2025 (was €10,000)
- Other debts +€32,000
up €32,000 (+78.2%), from €40,945 to €72,945
- Profit (loss) carried forward -€11,004
down €11,004 (-16.4%), from -€67,073 to -€78,077
- Tax, wage and social debts -€5,800
down €5,800 (-98.6%), from €5,880 to €80
- Gross operating margin +€42,526
up €42,526 (+90.5%), from -€46,973 to -€4,447
- Other operating charges -€4,520
down €4,520 (-89.5%), from €5,052 to €532
- Financial charges +€2,992
up €2,992 (+95.9%), from €3,120 to €6,112
- Financial income -€1,346
down €1,346 (-93.9%), from €1,433 to €87
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 | €249,490 | €264,569 | +€15,079 | +6.0% |
| Fixed assets | 21/28 | €223,885 | €233,885 | +€10,000 | +4.5% |
| Tangible fixed assets | 22/27 | €223,885 | €233,885 | +€10,000 | +4.5% |
| Land and buildings | 22 | €223,885 | €233,885 | +€10,000 | +4.5% |
| Current assets | 29/58 | €25,605 | €30,684 | +€5,079 | +19.8% |
| Stocks and contracts in progress | 3 | €10,000 | - | -€10,000 | |
| Contracts in progress | 37 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €65 | €288 | +€223 | +343% |
| Other amounts receivable | 41 | €65 | €288 | +€223 | +343% |
| Cash at bank and in hand | 54/58 | €15,540 | €3,621 | -€11,919 | -76.7% |
| Deferred charges and accrued income | 490/1 | - | €26,775 | +€26,775 | |
| Total equity and liabilities | 10/49 | €249,490 | €264,569 | +€15,079 | +6.0% |
| Equity | 10/15 | €52,548 | €41,544 | -€11,004 | -20.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €69,621 | €69,621 | = | 0.0% |
| Distributable reserves | 133 | €69,621 | €69,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,073 | -€78,077 | -€11,004 | -16.4% |
| Amounts payable | 17/49 | €196,942 | €223,025 | +€26,083 | +13.2% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,942 | €73,025 | +€26,083 | +55.6% |
| Trade debts | 44 | €117 | - | -€117 | |
| Suppliers | 440/4 | €117 | - | -€117 | |
| Taxes, remuneration and social security | 45 | €5,880 | €80 | -€5,800 | -98.6% |
| Taxes | 450/3 | €5,880 | €80 | -€5,800 | -98.6% |
| Other amounts payable | 47/48 | €40,945 | €72,945 | +€32,000 | +78.2% |
| Other operating charges | 640/8 | €5,052 | €532 | -€4,520 | -89.5% |
| Gross operating margin | 9900 | -€46,973 | -€4,447 | +€42,526 | +90.5% |
| Operating profit (loss) | 9901 | -€52,026 | -€4,979 | +€47,046 | +90.4% |
| Financial income | 75/76B | €1,433 | €87 | -€1,346 | -93.9% |
| Recurring financial income | 75 | €1,433 | €87 | -€1,346 | -93.9% |
| Financial charges | 65/66B | €3,120 | €6,112 | +€2,992 | +95.9% |
| Recurring financial charges | 65 | €3,120 | €6,112 | +€2,992 | +95.9% |
| Profit (loss) for the period before taxes | 9903 | -€53,712 | -€11,004 | +€42,708 | +79.5% |
| Profit (loss) for the period | 9904 | -€53,712 | -€11,004 | +€42,708 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,712 | -€11,004 | +€42,708 | +79.5% |
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 27 October 2026 via checked.be.