MEANDRA: 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.
MEANDRA
Largest movements
- Cash +€5,157
up €5,157 (+37.8%), from €13,625 to €18,782
mainly Other debts (+€7,072)
- Other debts +€7,072
up €7,072 (+92.8%), from €7,618 to €14,690
- Profit (loss) carried forward -€1,383
down €1,383 (-32.8%), from -€4,212 to -€5,595
- Trade debts -€466
no longer reported in 2025 (was €466)
- Gross operating margin +€1,942
up €1,942 (+66.7%), from -€2,912 to -€970
- Depreciation -€958
no longer reported in 2025 (was €958)
- Financial charges +€72
up €72 (+300.0%), from €24 to €96
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 | €13,873 | €19,095 | +€5,222 | +37.6% |
| Current assets | 29/58 | €13,873 | €19,095 | +€5,222 | +37.6% |
| Cash at bank and in hand | 54/58 | €13,625 | €18,782 | +€5,157 | +37.8% |
| Deferred charges and accrued income | 490/1 | €247 | €313 | +€65 | +26.4% |
| Total equity and liabilities | 10/49 | €13,873 | €19,095 | +€5,222 | +37.6% |
| Equity | 10/15 | €5,788 | €4,405 | -€1,383 | -23.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,212 | -€5,595 | -€1,383 | -32.8% |
| Amounts payable | 17/49 | €8,084 | €14,690 | +€6,605 | +81.7% |
| Amounts payable within one year | 42/48 | €8,084 | €14,690 | +€6,605 | +81.7% |
| Trade debts | 44 | €466 | - | -€466 | |
| Suppliers | 440/4 | €466 | - | -€466 | |
| Other amounts payable | 47/48 | €7,618 | €14,690 | +€7,072 | +92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | - | -€958 | |
| Other operating charges | 640/8 | €318 | €320 | +€2 | +0.6% |
| Gross operating margin | 9900 | -€2,912 | -€970 | +€1,942 | +66.7% |
| Operating profit (loss) | 9901 | -€4,188 | -€1,290 | +€2,897 | +69.2% |
| Financial income | 75/76B | €0 | €4 | +€4 | +41300.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +41300.0% |
| Financial charges | 65/66B | €24 | €96 | +€72 | +300.0% |
| Recurring financial charges | 65 | €24 | €96 | +€72 | +300.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,212 | -€1,382 | +€2,830 | +67.2% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€4,212 | -€1,383 | +€2,829 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,212 | -€1,383 | +€2,829 | +67.2% |
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 7 October 2026 via checked.be.