Skip to content

MEAPRINT: 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.

What changed

MEAPRINT

BE 0428.088.516
NACE 18.120, Other printing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,212
2024 · -€7,441+€27,653
Equity
€216,791
2024 · €212,418+€4,373
Cash
€196,072
2024 · €163,785+€32,287
Balance sheet total
€320,910
2024 · €316,628+€4,282

Largest movements

2024 to 2025
Assets
  • Cash +€32,287

    up €32,287 (+19.7%), from €163,785 to €196,072

    mainly Net result for the year (+€20,212) and Receivables within one year (+€11,439)

  • Receivables within one year -€11,439

    down €11,439 (-18.1%), from €63,081 to €51,642

    of which Trade receivables: -€11,014

  • Tangible fixed assets -€9,870

    down €9,870 (-20.4%), from €48,467 to €38,596

    of which Furniture and vehicles: -€9,015

  • Current investments -€6,707

    down €6,707 (-16.4%), from €40,946 to €34,239

Equity and liabilities
  • Reserves +€4,373

    up €4,373 (+5.3%), from €83,263 to €87,636

  • Tax, wage and social debts +€3,400

    new in 2025: €3,400

Income statement
  • Gross operating margin +€33,678

    up €33,678 (+779.2%), from €4,322 to €38,000

  • Taxes +€7,328

    up €7,328 (+4579.9%), from €160 to €7,488

  • Financial income +€1,726

    up €1,726 (+88.9%), from €1,941 to €3,667

  • Other operating charges +€933

    up €933 (+36.2%), from €2,582 to €3,515

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€7,441
Gross operating margin +€33,678
Depreciation +€299
Other operating charges -€933
Financial income +€1,726
Financial charges +€211
Taxes -€7,328
Result 2025 €20,212

Cash bridge derived

cash 2024 to 2025

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.

From operations +€41,419
Investment +€6,707
Financing -€15,839
Cash 2024 €163,785
Net result for the year +€20,212
Depreciation +€9,870
Receivables within one year +€11,439
Deferred charges and accrued income -€12
Trade debts -€1,741
Tax, wage and social debts +€3,400
Other debts -€1,750
Current investments +€6,707
Contributions, distributions and other -€15,839
Cash 2025 €196,072
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €316,628 €320,910 +€4,282 +1.4%
Fixed assets 21/28 €48,467 €38,596 -€9,870 -20.4%
Tangible fixed assets 22/27 €48,467 €38,596 -€9,870 -20.4%
Land and buildings 22 €12,926 €12,070 -€856 -6.6%
Furniture and vehicles 24 €35,541 €26,526 -€9,015 -25.4%
Current assets 29/58 €268,162 €282,314 +€14,153 +5.3%
Amounts receivable within one year 40/41 €63,081 €51,642 -€11,439 -18.1%
Trade receivables 40 €27,885 €16,870 -€11,014 -39.5%
Other amounts receivable 41 €35,196 €34,771 -€425 -1.2%
Current investments 50/53 €40,946 €34,239 -€6,707 -16.4%
Cash at bank and in hand 54/58 €163,785 €196,072 +€32,287 +19.7%
Deferred charges and accrued income 490/1 €350 €361 +€12 +3.3%
Total equity and liabilities 10/49 €316,628 €320,910 +€4,282 +1.4%
Equity 10/15 €212,418 €216,791 +€4,373 +2.1%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €83,263 €87,636 +€4,373 +5.3%
Distributable reserves 133 €83,263 €87,636 +€4,373 +5.3%
Profit (loss) carried forward 14 €110,563 €110,563 = 0.0%
Amounts payable 17/49 €104,210 €104,119 -€91 -0.1%
Amounts payable within one year 42/48 €104,210 €104,119 -€91 -0.1%
Trade debts 44 €86,621 €84,881 -€1,741 -2.0%
Suppliers 440/4 €86,621 €84,881 -€1,741 -2.0%
Taxes, remuneration and social security 45 - €3,400 +€3,400
Taxes 450/3 - €3,400 +€3,400
Other amounts payable 47/48 €17,589 €15,839 -€1,750 -9.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,170 €9,870 -€299 -2.9%
Other operating charges 640/8 €2,582 €3,515 +€933 +36.2%
Gross operating margin 9900 €4,322 €38,000 +€33,678 +779.2%
Operating profit (loss) 9901 -€8,429 €24,615 +€33,044
Financial income 75/76B €1,941 €3,667 +€1,726 +88.9%
Recurring financial income 75 €1,941 €3,667 +€1,726 +88.9%
Financial charges 65/66B €793 €582 -€211 -26.6%
Recurring financial charges 65 €793 €582 -€211 -26.6%
Profit (loss) for the period before taxes 9903 -€7,281 €27,699 +€34,981
Income taxes 67/77 €160 €7,488 +€7,328 +4579.9%
Profit (loss) for the period 9904 -€7,441 €20,212 +€27,653
Profit (loss) for the period to be appropriated 9905 -€7,441 €20,212 +€27,653

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 30 September 2026 via checked.be.