LA MEUTE: what changed
Two fiscal 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.
LA MEUTE
Largest movements
- Tangible fixed assets -€18,576
down €18,576 (-1.3%), from €1.4m to €1.4m
of which Land and buildings: -€11,606
- Profit (loss) carried forward -€23,346
down €23,346 (-15.4%), from €151,574 to €128,227
- Gross operating margin -€2,923
down €2,923 (-11.4%), from €25,537 to €22,613
- Financial income -€1,554
no longer reported in 2025 (was €1,554)
- Taxes -€853
down €853 (-38.8%), from €2,198 to €1,344
- Depreciation -€705
down €705 (-3.7%), from €19,281 to €18,576
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 | €1,734,584 | €1,711,655 | -€22,929 | -1.3% |
| Fixed assets | 21/28 | €1,554,288 | €1,535,712 | -€18,576 | -1.2% |
| Tangible fixed assets | 22/27 | €1,442,288 | €1,423,712 | -€18,576 | -1.3% |
| Land and buildings | 22 | €1,427,333 | €1,415,727 | -€11,606 | -0.8% |
| Plant, machinery and equipment | 23 | €250 | - | -€250 | |
| Furniture and vehicles | 24 | €14,705 | €7,985 | -€6,720 | -45.7% |
| Financial fixed assets | 28 | €112,000 | €112,000 | = | 0.0% |
| Current assets | 29/58 | €180,295 | €175,943 | -€4,353 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,504 | €2,325 | -€179 | -7.1% |
| Other amounts receivable | 41 | €2,504 | €2,325 | -€179 | -7.1% |
| Current investments | 50/53 | €87,000 | €87,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,386 | €60,270 | -€16,116 | -21.1% |
| Deferred charges and accrued income | 490/1 | €14,405 | €26,348 | +€11,942 | +82.9% |
| Total equity and liabilities | 10/49 | €1,734,584 | €1,711,655 | -€22,929 | -1.3% |
| Equity | 10/15 | €1,699,121 | €1,675,775 | -€23,346 | -1.4% |
| Contributions | 10/11 | €1,504,000 | €1,504,000 | = | 0.0% |
| Capital | 10 | €1,504,000 | €1,504,000 | = | 0.0% |
| Issued capital | 100 | €1,504,000 | €1,504,000 | = | 0.0% |
| Reserves | 13 | €43,548 | €43,548 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,360 | €43,360 | = | 0.0% |
| Legal reserve | 130 | €43,360 | €43,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €188 | €188 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,574 | €128,227 | -€23,346 | -15.4% |
| Amounts payable | 17/49 | €35,462 | €35,880 | +€418 | +1.2% |
| Amounts payable within one year | 42/48 | €27,163 | €27,513 | +€350 | +1.3% |
| Trade debts | 44 | €3,432 | €2,437 | -€994 | -29.0% |
| Suppliers | 440/4 | €3,432 | €2,437 | -€994 | -29.0% |
| Taxes, remuneration and social security | 45 | €1,732 | €3,076 | +€1,344 | +77.6% |
| Taxes | 450/3 | €1,732 | €3,076 | +€1,344 | +77.6% |
| Other amounts payable | 47/48 | €22,000 | €22,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,299 | €8,367 | +€68 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,281 | €18,576 | -€705 | -3.7% |
| Other operating charges | 640/8 | €3,744 | €3,537 | -€206 | -5.5% |
| Gross operating margin | 9900 | €25,537 | €22,613 | -€2,923 | -11.4% |
| Operating profit (loss) | 9901 | €2,513 | €500 | -€2,012 | -80.1% |
| Financial income | 75/76B | €1,554 | - | -€1,554 | |
| Recurring financial income | 75 | €1,554 | - | -€1,554 | |
| Financial charges | 65/66B | €392 | €502 | +€110 | +28.0% |
| Recurring financial charges | 65 | €392 | €502 | +€110 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €3,674 | -€2 | -€3,676 | |
| Income taxes | 67/77 | €2,198 | €1,344 | -€853 | -38.8% |
| Profit (loss) for the period | 9904 | €1,476 | -€1,346 | -€2,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,476 | -€1,346 | -€2,823 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.