JB MEUNIER IMMO: 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.
JB MEUNIER IMMO
Largest movements
- Current investments -€49,213
no longer reported in 2025 (was €49,213)
- Cash +€5,770
up €5,770 (+238%), from €2,420 to €8,190
mainly Current investments (+€49,213) and Receivables within one year (+€2,642)
- Receivables within one year -€2,642
no longer reported in 2025 (was €2,642)
- Profit (loss) carried forward -€22,389
down €22,389 (-49.3%), from -€45,383 to -€67,772
- Debts after one year -€22,056
down €22,056 (-62.0%), from €35,560 to €13,505
- Trade debts -€1,640
down €1,640 (-78.2%), from €2,097 to €457
- Depreciation -€15,248
no longer reported in 2025 (was €15,248)
- Financial charges -€12,532
down €12,532 (-98.7%), from €12,697 to €166
- Taxes +€6,401
no longer reported in 2025 (was -€6,401)
- Gross operating margin +€6,368
up €6,368 (+24.0%), from -€26,478 to -€20,110
- Financial income -€4,431
down €4,431 (-50.3%), from €8,814 to €4,383
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 | €140,666 | €94,581 | -€46,085 | -32.8% |
| Fixed assets | 21/28 | €86,391 | €86,391 | = | 0.0% |
| Tangible fixed assets | 22/27 | €86,391 | €86,391 | = | 0.0% |
| Land and buildings | 22 | €86,391 | €86,391 | = | 0.0% |
| Current assets | 29/58 | €54,275 | €8,190 | -€46,085 | -84.9% |
| Amounts receivable within one year | 40/41 | €2,642 | - | -€2,642 | |
| Other amounts receivable | 41 | €2,642 | - | -€2,642 | |
| Current investments | 50/53 | €49,213 | - | -€49,213 | |
| Cash at bank and in hand | 54/58 | €2,420 | €8,190 | +€5,770 | +238% |
| Total equity and liabilities | 10/49 | €140,666 | €94,581 | -€46,085 | -32.8% |
| Equity | 10/15 | €103,008 | €80,619 | -€22,389 | -21.7% |
| Contributions | 10/11 | €134,000 | €134,000 | = | 0.0% |
| Capital | 10 | €134,000 | €134,000 | = | 0.0% |
| Issued capital | 100 | €134,000 | €134,000 | = | 0.0% |
| Reserves | 13 | €14,392 | €14,392 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,400 | €13,400 | = | 0.0% |
| Legal reserve | 130 | €13,400 | €13,400 | = | 0.0% |
| Distributable reserves | 133 | €992 | €992 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,383 | -€67,772 | -€22,389 | -49.3% |
| Amounts payable | 17/49 | €37,658 | €13,962 | -€23,696 | -62.9% |
| Amounts payable after more than one year | 17 | €35,560 | €13,505 | -€22,056 | -62.0% |
| Financial debts | 170/4 | €35,560 | €13,505 | -€22,056 | -62.0% |
| Amounts payable within one year | 42/48 | €2,097 | €457 | -€1,640 | -78.2% |
| Trade debts | 44 | €2,097 | €457 | -€1,640 | -78.2% |
| Suppliers | 440/4 | €2,097 | €457 | -€1,640 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,248 | - | -€15,248 | |
| Other operating charges | 640/8 | €6,176 | €6,497 | +€321 | +5.2% |
| Gross operating margin | 9900 | -€26,478 | -€20,110 | +€6,368 | +24.0% |
| Operating profit (loss) | 9901 | -€47,901 | -€26,607 | +€21,294 | +44.5% |
| Financial income | 75/76B | €8,814 | €4,383 | -€4,431 | -50.3% |
| Recurring financial income | 75 | €8,814 | €4,383 | -€4,431 | -50.3% |
| Financial charges | 65/66B | €12,697 | €166 | -€12,532 | -98.7% |
| Recurring financial charges | 65 | €12,697 | €166 | -€12,532 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,784 | -€22,389 | +€29,395 | +56.8% |
| Income taxes | 67/77 | -€6,401 | - | +€6,401 | |
| Profit (loss) for the period | 9904 | -€45,383 | -€22,389 | +€22,994 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,383 | -€22,389 | +€22,994 | +50.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.