MEANDER 1991: 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.
MEANDER 1991
Largest movements
- Cash +€530
up €530 (+93.9%), from €564 to €1,093
mainly Debts after one year (+€3,000)
- Debts after one year +€3,000
up €3,000 (+1.7%), from €176,251 to €179,251
of which Other amounts payable: +€3,000
- Profit (loss) carried forward -€2,316
down €2,316 (-1.1%), from -€205,863 to -€208,179
- Trade debts -€155
down €155 (-100.0%), from €155 to €0
- Gross operating margin +€967
up €967 (+35.6%), from -€2,715 to -€1,748
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 | €564 | €1,093 | +€530 | +93.9% |
| Current assets | 29/58 | €564 | €1,093 | +€530 | +93.9% |
| Cash at bank and in hand | 54/58 | €564 | €1,093 | +€530 | +93.9% |
| Total equity and liabilities | 10/49 | €564 | €1,093 | +€530 | +93.9% |
| Equity | 10/15 | -€175,842 | -€178,157 | -€2,316 | -1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,430 | €11,430 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,571 | €9,571 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,863 | -€208,179 | -€2,316 | -1.1% |
| Amounts payable | 17/49 | €176,405 | €179,251 | +€2,845 | +1.6% |
| Amounts payable after more than one year | 17 | €176,251 | €179,251 | +€3,000 | +1.7% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €176,251 | €179,251 | +€3,000 | +1.7% |
| Amounts payable within one year | 42/48 | €155 | €0 | -€155 | -100.0% |
| Trade debts | 44 | €155 | €0 | -€155 | -100.0% |
| Suppliers | 440/4 | €155 | €0 | -€155 | -100.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€2,715 | -€1,748 | +€967 | +35.6% |
| Operating profit (loss) | 9901 | -€3,243 | -€2,292 | +€951 | +29.3% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,267 | -€2,316 | +€951 | +29.1% |
| Profit (loss) for the period | 9904 | -€3,267 | -€2,316 | +€951 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,267 | -€2,316 | +€951 | +29.1% |
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 10 October 2026 via checked.be.