Lies MEYNEN: 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.
Lies MEYNEN
Largest movements
- Cash +€20,529
up €20,529 (+280%), from €7,333 to €27,862
mainly Net result for the year (+€23,829) and Other debts (+€20,818)
- Deferred charges and accrued income +€4,887
up €4,887 (+158%), from €3,101 to €7,988
- Tangible fixed assets -€3,703
down €3,703 (-9.6%), from €38,700 to €34,997
of which Furniture and vehicles: -€9,696
- Other debts +€20,818
up €20,818 (+66.8%), from €31,153 to €51,971
- Profit (loss) carried forward +€966
no longer reported in 2025 (was -€966)
- Gross operating margin +€44,594
up €44,594, from -€7,007 to €37,587
- Depreciation +€3,438
up €3,438 (+52.1%), from €6,599 to €10,037
- Taxes +€1,488
up €1,488 (+1,597%), from €93 to €1,581
- Financial charges +€1,318
up €1,318 (+1,794%), from €74 to €1,392
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 | €49,133 | €70,966 | +€21,832 | +44.4% |
| Fixed assets | 21/28 | €38,700 | €34,997 | -€3,703 | -9.6% |
| Tangible fixed assets | 22/27 | €38,700 | €34,997 | -€3,703 | -9.6% |
| Plant, machinery and equipment | 23 | €64 | €6,057 | +€5,993 | +9,308% |
| Furniture and vehicles | 24 | €38,635 | €28,939 | -€9,696 | -25.1% |
| Current assets | 29/58 | €10,434 | €35,969 | +€25,535 | +245% |
| Amounts receivable within one year | 40/41 | - | €119 | +€119 | |
| Other amounts receivable | 41 | - | €119 | +€119 | |
| Cash at bank and in hand | 54/58 | €7,333 | €27,862 | +€20,529 | +280% |
| Deferred charges and accrued income | 490/1 | €3,101 | €7,988 | +€4,887 | +158% |
| Total equity and liabilities | 10/49 | €49,133 | €70,966 | +€21,832 | +44.4% |
| Equity | 10/15 | €17,634 | €18,600 | +€966 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€966 | - | +€966 | |
| Amounts payable | 17/49 | €31,499 | €52,366 | +€20,866 | +66.2% |
| Amounts payable within one year | 42/48 | €31,499 | €52,366 | +€20,866 | +66.2% |
| Trade debts | 44 | €347 | - | -€347 | |
| Suppliers | 440/4 | €253 | - | -€253 | |
| Bills of exchange payable | 441 | €93 | - | -€93 | |
| Taxes, remuneration and social security | 45 | - | €395 | +€395 | |
| Taxes | 450/3 | - | €395 | +€395 | |
| Other amounts payable | 47/48 | €31,153 | €51,971 | +€20,818 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,599 | €10,037 | +€3,438 | +52.1% |
| Other operating charges | 640/8 | €893 | €748 | -€144 | -16.1% |
| Gross operating margin | 9900 | -€7,007 | €37,587 | +€44,594 | |
| Operating profit (loss) | 9901 | -€14,498 | €26,802 | +€41,300 | |
| Financial charges | 65/66B | €74 | €1,392 | +€1,318 | +1,794% |
| Recurring financial charges | 65 | €74 | €1,392 | +€1,318 | +1,794% |
| Profit (loss) for the period before taxes | 9903 | -€14,572 | €25,410 | +€39,982 | |
| Income taxes | 67/77 | €93 | €1,581 | +€1,488 | +1,597% |
| Profit (loss) for the period | 9904 | -€14,665 | €23,829 | +€38,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,665 | €23,829 | +€38,494 |
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 1 November 2026 via checked.be.