Meatus: 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.
Meatus
Largest movements
- Cash -€22,013
down €22,013 (-76.4%), from €28,831 to €6,818
mainly Tax, wage and social debts (-€13,035) and Investment in fixed assets (net) (-€12,751)
- Receivables within one year +€8,394
up €8,394 (+590.5%), from €1,422 to €9,816
of which Other amounts receivable: +€7,113
- Tangible fixed assets -€5,351
down €5,351 (-13.3%), from €40,173 to €34,823
of which Other tangible fixed assets: -€10,116
- Stocks and contracts +€3,084
up €3,084 (+17.7%), from €17,450 to €20,534
- Financial fixed assets +€1,250
up €1,250 (+23.8%), from €5,250 to €6,500
- Profit (loss) carried forward +€21,261
up €21,261 (+19.5%), from -€108,978 to -€87,717
- Tax, wage and social debts -€13,035
down €13,035 (-36.2%), from €35,961 to €22,926
of which Remuneration and social security: -€7,329
- Debts after one year -€12,500
no longer reported in 2025 (was €12,500)
- Other debts -€7,552
down €7,552 (-30.7%), from €24,593 to €17,041
- Current portion of long-term debt -€2,500
down €2,500 (-16.7%), from €15,000 to €12,500
- Staff costs -€23,903
down €23,903 (-13.0%), from €183,743 to €159,840
- Gross operating margin +€18,856
up €18,856 (+9.6%), from €196,203 to €215,058
- Financial charges +€10,352
up €10,352 (+209.4%), from €4,943 to €15,295
- Other operating charges -€4,668
down €4,668 (-69.4%), from €6,724 to €2,055
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 | €93,248 | €78,864 | -€14,384 | -15.4% |
| Fixed assets | 21/28 | €45,423 | €41,323 | -€4,101 | -9.0% |
| Tangible fixed assets | 22/27 | €40,173 | €34,823 | -€5,351 | -13.3% |
| Plant, machinery and equipment | 23 | €7,013 | €5,123 | -€1,891 | -27.0% |
| Furniture and vehicles | 24 | €3,279 | €9,936 | +€6,656 | +203.0% |
| Other tangible fixed assets | 26 | €29,881 | €19,765 | -€10,116 | -33.9% |
| Financial fixed assets | 28 | €5,250 | €6,500 | +€1,250 | +23.8% |
| Current assets | 29/58 | €47,825 | €37,541 | -€10,284 | -21.5% |
| Stocks and contracts in progress | 3 | €17,450 | €20,534 | +€3,084 | +17.7% |
| Stocks | 30/36 | €17,450 | €20,534 | +€3,084 | +17.7% |
| Amounts receivable within one year | 40/41 | €1,422 | €9,816 | +€8,394 | +590.5% |
| Trade receivables | 40 | €1,422 | €2,703 | +€1,281 | +90.1% |
| Other amounts receivable | 41 | - | €7,113 | +€7,113 | |
| Cash at bank and in hand | 54/58 | €28,831 | €6,818 | -€22,013 | -76.4% |
| Deferred charges and accrued income | 490/1 | €122 | €373 | +€251 | +206.4% |
| Total equity and liabilities | 10/49 | €93,248 | €78,864 | -€14,384 | -15.4% |
| Equity | 10/15 | -€61,932 | -€40,671 | +€21,261 | +34.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,446 | €28,446 | = | 0.0% |
| Distributable reserves | 133 | €28,446 | €28,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,978 | -€87,717 | +€21,261 | +19.5% |
| Amounts payable | 17/49 | €155,180 | €119,534 | -€35,646 | -23.0% |
| Amounts payable after more than one year | 17 | €12,500 | - | -€12,500 | |
| Financial debts | 170/4 | €12,500 | - | -€12,500 | |
| Amounts payable within one year | 42/48 | €142,680 | €119,534 | -€23,146 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Financial debts | 43 | - | €1,350 | +€1,350 | |
| Credit institutions | 430/8 | - | €1,350 | +€1,350 | |
| Trade debts | 44 | €67,056 | €65,718 | -€1,339 | -2.0% |
| Suppliers | 440/4 | €67,056 | €65,718 | -€1,339 | -2.0% |
| Advances received on contracts in progress | 46 | €70 | - | -€70 | |
| Taxes, remuneration and social security | 45 | €35,961 | €22,926 | -€13,035 | -36.2% |
| Taxes | 450/3 | €10,101 | €4,396 | -€5,706 | -56.5% |
| Remuneration and social security | 454/9 | €25,860 | €18,530 | -€7,329 | -28.3% |
| Other amounts payable | 47/48 | €24,593 | €17,041 | -€7,552 | -30.7% |
| Remuneration, social security and pensions | 62 | €183,743 | €159,840 | -€23,903 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,427 | €16,852 | +€1,424 | +9.2% |
| Other operating charges | 640/8 | €6,724 | €2,055 | -€4,668 | -69.4% |
| Gross operating margin | 9900 | €196,203 | €215,058 | +€18,856 | +9.6% |
| Operating profit (loss) | 9901 | -€9,692 | €36,311 | +€46,003 | |
| Financial income | 75/76B | €150 | €245 | +€95 | +63.2% |
| Recurring financial income | 75 | €0 | €245 | +€245 | +222600.0% |
| Non-recurring financial income | 76B | €150 | - | -€150 | |
| Financial charges | 65/66B | €4,943 | €15,295 | +€10,352 | +209.4% |
| Recurring financial charges | 65 | €4,943 | €15,295 | +€10,352 | +209.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,484 | €21,261 | +€35,746 | |
| Profit (loss) for the period | 9904 | -€14,484 | €21,261 | +€35,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,484 | €21,261 | +€35,746 |
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 11 October 2026 via checked.be.