LES MERISIERS: 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.
LES MERISIERS
Largest movements
- Receivables within one year +€362,609
up €362,609 (+58.5%), from €619,497 to €982,106
of which Trade receivables: +€311,899
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Stocks and contracts +€101,458
up €101,458 (+32.9%), from €308,165 to €409,623
- Cash +€78,940
up €78,940 (+8.6%), from €919,377 to €998,317
mainly Current investments (+€300,000) and Net result for the year (+€268,531)
- Tangible fixed assets -€34,026
down €34,026 (-13.7%), from €247,746 to €213,720
of which Other tangible fixed assets: -€28,727
- Other debts +€124,667
up €124,667 (+62.3%), from €200,000 to €324,667
- Tax, wage and social debts +€111,945
up €111,945 (+115%), from €97,203 to €209,149
of which Remuneration and social security: +€59,600
- Reserves +€38,600
up €38,600 (+2.6%), from €1.5m to €1.5m
- Accrued charges and deferred income -€36,300
down €36,300 (-9.5%), from €383,300 to €347,000
- Trade debts -€28,988
down €28,988 (-10.6%), from €274,197 to €245,209
- Gross operating margin +€350,599
up €350,599 (+38.6%), from €907,742 to €1.3m
- Staff costs +€212,683
up €212,683 (+27.1%), from €784,423 to €997,106
- Financial income +€94,967
up €94,967 (+68.2%), from €139,331 to €234,298
- Taxes +€52,725
up €52,725 (+115%), from €45,650 to €98,375
- Other operating charges +€41,989
up €41,989 (+1,745%), from €2,406 to €44,395
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 | €2,467,668 | €2,683,115 | +€215,448 | +8.7% |
| Fixed assets | 21/28 | €308,692 | €273,056 | -€35,636 | -11.5% |
| Intangible fixed assets | 21 | €60,796 | €58,587 | -€2,209 | -3.6% |
| Tangible fixed assets | 22/27 | €247,746 | €213,720 | -€34,026 | -13.7% |
| Furniture and vehicles | 24 | €36,499 | €31,200 | -€5,299 | -14.5% |
| Other tangible fixed assets | 26 | €211,247 | €182,519 | -€28,727 | -13.6% |
| Financial fixed assets | 28 | €150 | €750 | +€600 | +400% |
| Current assets | 29/58 | €2,158,976 | €2,410,059 | +€251,083 | +11.6% |
| Stocks and contracts in progress | 3 | €308,165 | €409,623 | +€101,458 | +32.9% |
| Stocks | 30/36 | €308,165 | €409,623 | +€101,458 | +32.9% |
| Amounts receivable within one year | 40/41 | €619,497 | €982,106 | +€362,609 | +58.5% |
| Trade receivables | 40 | €537,725 | €849,624 | +€311,899 | +58.0% |
| Other amounts receivable | 41 | €81,772 | €132,482 | +€50,710 | +62.0% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €919,377 | €998,317 | +€78,940 | +8.6% |
| Deferred charges and accrued income | 490/1 | €11,937 | €20,013 | +€8,076 | +67.7% |
| Total equity and liabilities | 10/49 | €2,467,668 | €2,683,115 | +€215,448 | +8.7% |
| Equity | 10/15 | €1,511,894 | €1,557,092 | +€45,198 | +3.0% |
| Contributions | 10/11 | €40,902 | €40,902 | = | 0.0% |
| Reserves | 13 | €1,470,900 | €1,509,500 | +€38,600 | +2.6% |
| Distributable reserves | 133 | €1,470,900 | €1,509,500 | +€38,600 | +2.6% |
| Profit (loss) carried forward | 14 | €92 | €22 | -€69 | -75.4% |
| Investment grants | 15 | - | €6,667 | +€6,667 | |
| Amounts payable | 17/49 | €955,774 | €1,126,024 | +€170,250 | +17.8% |
| Amounts payable within one year | 42/48 | €572,474 | €779,024 | +€206,550 | +36.1% |
| Trade debts | 44 | €274,197 | €245,209 | -€28,988 | -10.6% |
| Suppliers | 440/4 | €274,197 | €245,209 | -€28,988 | -10.6% |
| Advances received on contracts in progress | 46 | €1,074 | €0 | -€1,074 | -100% |
| Taxes, remuneration and social security | 45 | €97,203 | €209,149 | +€111,945 | +115% |
| Taxes | 450/3 | €4,517 | €56,862 | +€52,345 | +1,159% |
| Remuneration and social security | 454/9 | €92,686 | €152,286 | +€59,600 | +64.3% |
| Other amounts payable | 47/48 | €200,000 | €324,667 | +€124,667 | +62.3% |
| Accrued charges and deferred income | 492/3 | €383,300 | €347,000 | -€36,300 | -9.5% |
| Remuneration, social security and pensions | 62 | €784,423 | €997,106 | +€212,683 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,262 | €70,153 | +€15,891 | +29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,371 | -€15,290 | -€21,661 | |
| Other operating charges | 640/8 | €2,406 | €44,395 | +€41,989 | +1,745% |
| Non-recurring operating charges | 66A | - | €1,199 | +€1,199 | |
| Gross operating margin | 9900 | €907,742 | €1,258,340 | +€350,599 | +38.6% |
| Operating profit (loss) | 9901 | €60,279 | €160,777 | +€100,498 | +167% |
| Financial income | 75/76B | €139,331 | €234,298 | +€94,967 | +68.2% |
| Recurring financial income | 75 | €139,331 | €234,298 | +€94,967 | +68.2% |
| Financial charges | 65/66B | €16,654 | €28,170 | +€11,515 | +69.1% |
| Recurring financial charges | 65 | €16,654 | €28,170 | +€11,515 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €182,956 | €366,906 | +€183,950 | +101% |
| Income taxes | 67/77 | €45,650 | €98,375 | +€52,725 | +115% |
| Profit (loss) for the period | 9904 | €137,306 | €268,531 | +€131,225 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €137,306 | €268,531 | +€131,225 | +95.6% |
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 30 October 2026 via checked.be.