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MEELBERGHS: 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.

What changed

MEELBERGHS

BE 0434.526.841
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€691
2024 · -€2,846+€2,156
Equity
€142,050
2024 · €142,741-€691
Cash
€6,801
2024 · €142,585-€135,784
Balance sheet total
€142,135
2024 · €142,938-€802

Largest movements

2024 to 2025
Assets
  • Cash -€135,784

    down €135,784 (-95.2%), from €142,585 to €6,801

    mainly Current investments (-€135,000) and Net result for the year (-€691)

  • Current investments +€135,000

    new in 2025: €135,000

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€1,753

      up €1,753 (+71.7%), from -€2,446 to -€693

    • Financial income +€1,116

      new in 2025: €1,116

    • Other operating charges +€722

      up €722 (+208%), from €347 to €1,069

    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 -€2,846
    Gross operating margin +€1,753
    Other operating charges -€722
    Financial income +€1,116
    Financial charges +€8
    Result 2025 -€691
    raises the resultlowers the result

    Derived cash bridge

    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 -€784
    Investment -€135,000
    Financing €0
    Cash 2024 €142,585
    Net result for the year -€691
    Smaller working-capital items -€94
    Current investments -€135,000
    Cash 2025 €6,801
    takes cash out
    Every line side by side 32 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €142,938 €142,135 -€802 -0.6%
    Current assets 29/58 €142,938 €142,135 -€802 -0.6%
    Amounts receivable within one year 40/41 €353 €335 -€18 -5.1%
    Other amounts receivable 41 €353 €335 -€18 -5.1%
    Current investments 50/53 - €135,000 +€135,000
    Cash at bank and in hand 54/58 €142,585 €6,801 -€135,784 -95.2%
    Total equity and liabilities 10/49 €142,938 €142,135 -€802 -0.6%
    Equity 10/15 €142,741 €142,050 -€691 -0.5%
    Contributions 10/11 €94,200 €94,200 = 0.0%
    Capital 10 €94,200 €94,200 = 0.0%
    Issued capital 100 €94,200 €94,200 = 0.0%
    Reserves 13 €181,005 €181,005 = 0.0%
    Non-distributable reserves 130/1 €9,420 €9,420 = 0.0%
    Legal reserve 130 €9,420 €9,420 = 0.0%
    Tax-exempt reserves 132 €18,750 €18,750 = 0.0%
    Distributable reserves 133 €152,835 €152,835 = 0.0%
    Profit (loss) carried forward 14 -€132,463 -€133,154 -€691 -0.5%
    Amounts payable 17/49 €197 €85 -€112 -56.8%
    Amounts payable within one year 42/48 €197 €85 -€112 -56.8%
    Trade debts 44 €197 €85 -€112 -56.8%
    Suppliers 440/4 €197 €85 -€112 -56.8%
    Non-recurring operating income 76A - €197 +€197
    Other operating charges 640/8 €347 €1,069 +€722 +208%
    Gross operating margin 9900 -€2,446 -€693 +€1,753 +71.7%
    Operating profit (loss) 9901 -€2,793 -€1,762 +€1,031 +36.9%
    Financial income 75/76B - €1,116 +€1,116
    Recurring financial income 75 - €1,116 +€1,116
    Financial charges 65/66B €53 €45 -€8 -15.8%
    Recurring financial charges 65 €53 €45 -€8 -15.8%
    Profit (loss) for the period before taxes 9903 -€2,846 -€691 +€2,156 +75.7%
    Profit (loss) for the period 9904 -€2,846 -€691 +€2,156 +75.7%
    Profit (loss) for the period to be appropriated 9905 -€2,846 -€691 +€2,156 +75.7%

    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 26 October 2026 via checked.be.