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Méan Invest: what changed

What changed

Méan Invest

BE 0657.981.385
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€33,570
2024 · €27,405+€6,165
Equity
€219,866
2024 · €186,296+€33,570
Cash
€21,612
2024 · €14,416+€7,196
Balance sheet total
€607,170
2024 · €656,239-€49,070

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€38,666

    down €38,666 (-6.4%), from €602,639 to €563,973

    of which Other tangible fixed assets: -€26,946

  • Intangible fixed assets -€8,281

    down €8,281 (-34.7%), from €23,869 to €15,587

  • Cash +€7,196

    up €7,196 (+49.9%), from €14,416 to €21,612

    mainly Depreciation (+€69,226) and Net result for the year (+€33,570)

Equity and liabilities
  • Other debts -€43,269

    down €43,269 (-33.5%), from €129,250 to €85,982

  • Debts after one year -€41,250

    down €41,250 (-15.6%), from €264,321 to €223,071

  • Reserves +€33,570

    up €33,570 (+21.3%), from €157,560 to €191,130

    of which Distributable reserves: +€33,570

Income statement
  • Gross operating margin +€46,150

    up €46,150 (+33.9%), from €136,067 to €182,216

  • Other operating charges +€44,892

    up €44,892 (+740%), from €6,069 to €50,960

  • Staff costs -€7,213

    no longer reported in 2025 (was €7,213)

  • Depreciation -€2,943

    down €2,943 (-4.1%), from €72,169 to €69,226

  • Financial charges -€1,853

    down €1,853 (-13.9%), from €13,342 to €11,488

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €27,405
Gross operating margin +€46,150
Staff costs +€7,213
Depreciation +€2,943
Other operating charges -€44,892
Financial income -€14
Financial charges +€1,853
Taxes -€1,673
Deferred taxes and other -€5,415
Result 2025 €33,570
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€66,490
Investment -€22,279
Financing -€37,015
Cash 2024 €14,416
Net result for the year +€33,570
Depreciation +€69,226
Receivables within one year +€5,471
Deferred charges and accrued income +€3,847
Trade debts -€1,880
Tax, wage and social debts -€476
Other debts -€43,269
Investment in fixed assets (net) -€22,279
Debts after one year -€41,250
Current portion of long-term debt +€4,235
Cash 2025 €21,612
brings cash intakes cash out
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €656,239 €607,170 -€49,070 -7.5%
Fixed assets 21/28 €626,508 €579,560 -€46,947 -7.5%
Intangible fixed assets 21 €23,869 €15,587 -€8,281 -34.7%
Tangible fixed assets 22/27 €602,639 €563,973 -€38,666 -6.4%
Land and buildings 22 €404,100 €389,225 -€14,875 -3.7%
Plant, machinery and equipment 23 €11,371 €8,413 -€2,958 -26.0%
Furniture and vehicles 24 €44,213 €50,327 +€6,113 +13.8%
Other tangible fixed assets 26 €142,954 €116,008 -€26,946 -18.8%
Current assets 29/58 €29,731 €27,609 -€2,122 -7.1%
Stocks and contracts in progress 3 €3,000 €3,000 = 0.0%
Stocks 30/36 €3,000 €3,000 = 0.0%
Amounts receivable within one year 40/41 €5,850 €379 -€5,471 -93.5%
Other amounts receivable 41 €5,850 €379 -€5,471 -93.5%
Cash at bank and in hand 54/58 €14,416 €21,612 +€7,196 +49.9%
Deferred charges and accrued income 490/1 €6,465 €2,618 -€3,847 -59.5%
Total equity and liabilities 10/49 €656,239 €607,170 -€49,070 -7.5%
Equity 10/15 €186,296 €219,866 +€33,570 +18.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €157,560 €191,130 +€33,570 +21.3%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €155,700 €189,270 +€33,570 +21.6%
Profit (loss) carried forward 14 €10,136 €10,136 = 0.0%
Amounts payable 17/49 €469,943 €387,303 -€82,640 -17.6%
Amounts payable after more than one year 17 €264,321 €223,071 -€41,250 -15.6%
Financial debts 170/4 €264,321 €223,071 -€41,250 -15.6%
Amounts payable within one year 42/48 €205,622 €164,232 -€41,389 -20.1%
Current portion of amounts payable after more than one year 42 €61,454 €65,689 +€4,235 +6.9%
Trade debts 44 €8,058 €6,178 -€1,880 -23.3%
Suppliers 440/4 €8,058 €6,178 -€1,880 -23.3%
Taxes, remuneration and social security 45 €6,859 €6,384 -€476 -6.9%
Taxes 450/3 €6,859 €6,384 -€476 -6.9%
Other amounts payable 47/48 €129,250 €85,982 -€43,269 -33.5%
Remuneration, social security and pensions 62 €7,213 - -€7,213
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €72,169 €69,226 -€2,943 -4.1%
Other operating charges 640/8 €6,069 €50,960 +€44,892 +740%
Gross operating margin 9900 €136,067 €182,216 +€46,150 +33.9%
Operating profit (loss) 9901 €50,616 €62,030 +€11,414 +22.5%
Financial income 75/76B €16 €2 -€14 -89.7%
Recurring financial income 75 €16 €2 -€14 -89.7%
Financial charges 65/66B €13,342 €11,488 -€1,853 -13.9%
Recurring financial charges 65 €13,342 €11,488 -€1,853 -13.9%
Profit (loss) for the period before taxes 9903 €37,290 €50,543 +€13,253 +35.5%
Transfer from deferred taxes 780 €5,415 - -€5,415
Income taxes 67/77 €15,300 €16,973 +€1,673 +10.9%
Profit (loss) for the period 9904 €27,405 €33,570 +€6,165 +22.5%
Profit (loss) for the period to be appropriated 9905 €27,405 €33,570 +€6,165 +22.5%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.