Meaningfuel: 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.
Meaningfuel
Largest movements
- Cash +€6,454
up €6,454 (+6.4%), from €101,314 to €107,767
mainly Net result for the year (+€20,360) and Depreciation (+€6,274)
- Tangible fixed assets -€6,274
down €6,274 (-34.2%), from €18,370 to €12,095
- Receivables within one year +€4,637
up €4,637 (+59.8%), from €7,749 to €12,386
of which Other amounts receivable: +€2,910
- Other debts +€4,146
up €4,146 (+3.9%), from €105,447 to €109,593
- Gross operating margin +€5,954
up €5,954 (+16.1%), from €36,898 to €42,852
- Financial charges +€3,549
up €3,549 (+90.2%), from €3,935 to €7,484
- Taxes +€1,944
up €1,944 (+30.2%), from €6,444 to €8,388
- Depreciation -€1,144
down €1,144 (-15.4%), from €7,418 to €6,274
- Financial income -€816
down €816 (-93.8%), from €870 to €54
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 | €128,288 | €133,071 | +€4,783 | +3.7% |
| Fixed assets | 21/28 | €18,370 | €12,095 | -€6,274 | -34.2% |
| Tangible fixed assets | 22/27 | €18,370 | €12,095 | -€6,274 | -34.2% |
| Furniture and vehicles | 24 | €18,370 | €12,095 | -€6,274 | -34.2% |
| Current assets | 29/58 | €109,919 | €120,976 | +€11,057 | +10.1% |
| Amounts receivable within one year | 40/41 | €7,749 | €12,386 | +€4,637 | +59.8% |
| Trade receivables | 40 | €5,747 | €7,474 | +€1,727 | +30.1% |
| Other amounts receivable | 41 | €2,003 | €4,912 | +€2,910 | +145% |
| Cash at bank and in hand | 54/58 | €101,314 | €107,767 | +€6,454 | +6.4% |
| Deferred charges and accrued income | 490/1 | €856 | €822 | -€33 | -3.9% |
| Total equity and liabilities | 10/49 | €128,288 | €133,071 | +€4,783 | +3.7% |
| Equity | 10/15 | €21,073 | €20,933 | -€140 | -0.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €613 | €473 | -€140 | -22.8% |
| Amounts payable | 17/49 | €107,215 | €112,138 | +€4,923 | +4.6% |
| Amounts payable within one year | 42/48 | €107,215 | €112,138 | +€4,923 | +4.6% |
| Trade debts | 44 | €210 | €743 | +€533 | +254% |
| Suppliers | 440/4 | €210 | €743 | +€533 | +254% |
| Taxes, remuneration and social security | 45 | €1,559 | €1,803 | +€244 | +15.7% |
| Taxes | 450/3 | €1,559 | €1,803 | +€244 | +15.7% |
| Other amounts payable | 47/48 | €105,447 | €109,593 | +€4,146 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,418 | €6,274 | -€1,144 | -15.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €36,898 | €42,852 | +€5,954 | +16.1% |
| Operating profit (loss) | 9901 | €29,092 | €36,179 | +€7,086 | +24.4% |
| Financial income | 75/76B | €870 | €54 | -€816 | -93.8% |
| Recurring financial income | 75 | €870 | €54 | -€816 | -93.8% |
| Financial charges | 65/66B | €3,935 | €7,484 | +€3,549 | +90.2% |
| Recurring financial charges | 65 | €3,935 | €7,484 | +€3,549 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €26,026 | €28,748 | +€2,722 | +10.5% |
| Income taxes | 67/77 | €6,444 | €8,388 | +€1,944 | +30.2% |
| Profit (loss) for the period | 9904 | €19,582 | €20,360 | +€778 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,582 | €20,360 | +€778 | +4.0% |
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 31 October 2026 via checked.be.