MEER-WEBB: 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.
MEER-WEBB
Largest movements
- Cash +€7,667
up €7,667 (+7.8%), from €97,778 to €105,445
mainly Depreciation (+€5,690) and Net result for the year (+€2,465)
- Tangible fixed assets -€5,690
down €5,690 (-46.2%), from €12,315 to €6,625
of which Plant, machinery and equipment: -€5,010
- Reserves +€2,400
up €2,400 (+3.0%), from €79,860 to €82,260
of which Distributable reserves: +€2,400
- Gross operating margin -€36,026
down €36,026 (-87.2%), from €41,310 to €5,283
- Taxes -€10,405
down €10,405 (-85.0%), from €12,237 to €1,832
- Financial income +€1,991
up €1,991 (+69.0%), from €2,884 to €4,875
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 | €236,385 | €237,467 | +€1,081 | +0.5% |
| Fixed assets | 21/28 | €12,315 | €6,625 | -€5,690 | -46.2% |
| Tangible fixed assets | 22/27 | €12,315 | €6,625 | -€5,690 | -46.2% |
| Plant, machinery and equipment | 23 | €10,529 | €5,519 | -€5,010 | -47.6% |
| Furniture and vehicles | 24 | €1,786 | €1,106 | -€680 | -38.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €224,071 | €230,842 | +€6,771 | +3.0% |
| Amounts receivable within one year | 40/41 | - | €319 | +€319 | |
| Other amounts receivable | 41 | - | €319 | +€319 | |
| Current investments | 50/53 | €120,000 | €120,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,778 | €105,445 | +€7,667 | +7.8% |
| Deferred charges and accrued income | 490/1 | €6,293 | €5,077 | -€1,215 | -19.3% |
| Total equity and liabilities | 10/49 | €236,385 | €237,467 | +€1,081 | +0.5% |
| Equity | 10/15 | €231,259 | €233,724 | +€2,465 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €79,860 | €82,260 | +€2,400 | +3.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €78,000 | €80,400 | +€2,400 | +3.1% |
| Profit (loss) carried forward | 14 | €145,199 | €145,264 | +€65 | 0.0% |
| Amounts payable | 17/49 | €5,126 | €3,742 | -€1,384 | -27.0% |
| Amounts payable within one year | 42/48 | €3,390 | €3,192 | -€198 | -5.8% |
| Trade debts | 44 | €2,193 | €2,542 | +€349 | +15.9% |
| Suppliers | 440/4 | €2,193 | €2,542 | +€349 | +15.9% |
| Taxes, remuneration and social security | 45 | €547 | - | -€547 | |
| Taxes | 450/3 | €547 | - | -€547 | |
| Other amounts payable | 47/48 | €650 | €650 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,736 | €550 | -€1,186 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,759 | €5,690 | -€70 | -1.2% |
| Gross operating margin | 9900 | €41,310 | €5,283 | -€36,026 | -87.2% |
| Operating profit (loss) | 9901 | €35,550 | -€406 | -€35,956 | |
| Financial income | 75/76B | €2,884 | €4,875 | +€1,991 | +69.0% |
| Recurring financial income | 75 | €2,884 | €4,875 | +€1,991 | +69.0% |
| Financial charges | 65/66B | €153 | €171 | +€18 | +11.4% |
| Recurring financial charges | 65 | €153 | €171 | +€18 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €38,281 | €4,297 | -€33,983 | -88.8% |
| Income taxes | 67/77 | €12,237 | €1,832 | -€10,405 | -85.0% |
| Profit (loss) for the period | 9904 | €26,044 | €2,465 | -€23,578 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,044 | €2,465 | -€23,578 | -90.5% |
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 6 October 2026 via checked.be.