MEANDER SPIRITS: 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.
MEANDER SPIRITS
Largest movements
- Receivables within one year -€4,106
down €4,106 (-53.0%), from €7,743 to €3,638
of which Other amounts receivable: -€2,135
- Cash -€2,749
down €2,749 (-46.6%), from €5,904 to €3,155
mainly Trade debts (-€10,433) and Stocks and contracts (-€1,318)
- Stocks and contracts +€1,318
up €1,318 (+19.7%), from €6,696 to €8,014
- Trade debts -€10,433
down €10,433 (-99.1%), from €10,529 to €96
- Other debts +€4,931
new in 2025: €4,931
- Profit (loss) carried forward -€725
down €725 (-12.2%), from -€5,935 to -€6,660
- Tax, wage and social debts +€440
new in 2025: €440
- Accrued charges and deferred income +€250
up €250 (+33.3%), from €750 to €1,000
- Gross operating margin -€1,097
down €1,097, from €966 to -€131
- Other operating charges +€119
up €119 (+29.4%), from €404 to €523
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 | €20,344 | €14,807 | -€5,536 | -27.2% |
| Current assets | 29/58 | €20,344 | €14,807 | -€5,536 | -27.2% |
| Stocks and contracts in progress | 3 | €6,696 | €8,014 | +€1,318 | +19.7% |
| Stocks | 30/36 | €6,696 | €8,014 | +€1,318 | +19.7% |
| Amounts receivable within one year | 40/41 | €7,743 | €3,638 | -€4,106 | -53.0% |
| Trade receivables | 40 | €5,609 | €3,638 | -€1,971 | -35.1% |
| Other amounts receivable | 41 | €2,135 | - | -€2,135 | |
| Cash at bank and in hand | 54/58 | €5,904 | €3,155 | -€2,749 | -46.6% |
| Total equity and liabilities | 10/49 | €20,344 | €14,807 | -€5,536 | -27.2% |
| Equity | 10/15 | €9,065 | €8,340 | -€725 | -8.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,935 | -€6,660 | -€725 | -12.2% |
| Amounts payable | 17/49 | €11,279 | €6,467 | -€4,812 | -42.7% |
| Amounts payable within one year | 42/48 | €10,529 | €5,467 | -€5,062 | -48.1% |
| Trade debts | 44 | €10,529 | €96 | -€10,433 | -99.1% |
| Suppliers | 440/4 | €10,529 | €96 | -€10,433 | -99.1% |
| Taxes, remuneration and social security | 45 | - | €440 | +€440 | |
| Taxes | 450/3 | - | €440 | +€440 | |
| Other amounts payable | 47/48 | - | €4,931 | +€4,931 | |
| Accrued charges and deferred income | 492/3 | €750 | €1,000 | +€250 | +33.3% |
| Other operating charges | 640/8 | €404 | €523 | +€119 | +29.4% |
| Gross operating margin | 9900 | €966 | -€131 | -€1,097 | |
| Operating profit (loss) | 9901 | €562 | -€654 | -€1,216 | |
| Financial charges | 65/66B | €64 | €70 | +€6 | +9.9% |
| Recurring financial charges | 65 | €64 | €70 | +€6 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €498 | -€725 | -€1,222 | |
| Profit (loss) for the period | 9904 | €498 | -€725 | -€1,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €498 | -€725 | -€1,222 |
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 6 October 2026 via checked.be.