Meerhout: 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.
Meerhout
Largest movements
- Tangible fixed assets -€48,904
down €48,904 (-17.2%), from €284,763 to €235,859
of which Land and buildings: -€45,669
- Cash +€6,164
up €6,164 (+731%), from €843 to €7,007
mainly Depreciation (+€52,397) and Other debts (+€706)
- Debts after one year -€29,415
down €29,415 (-48.8%), from €60,332 to €30,918
- Current portion of long-term debt -€7,337
down €7,337 (-20.0%), from €36,751 to €29,415
- Reserves -€4,818
down €4,818 (-3.8%), from €128,418 to €123,599
of which Distributable reserves: -€4,818
- Gross operating margin -€6,161
down €6,161 (-9.8%), from €62,867 to €56,706
- Other operating charges -€5,993
down €5,993 (-50.3%), from €11,906 to €5,913
- Depreciation +€1,593
up €1,593 (+3.1%), from €50,804 to €52,397
- Financial charges -€988
down €988 (-23.4%), from €4,222 to €3,234
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 | €293,180 | €250,331 | -€42,849 | -14.6% |
| Fixed assets | 21/28 | €284,763 | €235,859 | -€48,904 | -17.2% |
| Tangible fixed assets | 22/27 | €284,763 | €235,859 | -€48,904 | -17.2% |
| Land and buildings | 22 | €257,354 | €211,685 | -€45,669 | -17.7% |
| Plant, machinery and equipment | 23 | €6,491 | €2,734 | -€3,757 | -57.9% |
| Furniture and vehicles | 24 | €20,918 | €21,441 | +€522 | +2.5% |
| Current assets | 29/58 | €8,417 | €14,472 | +€6,055 | +71.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €843 | €7,007 | +€6,164 | +731% |
| Deferred charges and accrued income | 490/1 | €7,574 | €7,466 | -€108 | -1.4% |
| Total equity and liabilities | 10/49 | €293,180 | €250,331 | -€42,849 | -14.6% |
| Equity | 10/15 | €146,968 | €142,149 | -€4,818 | -3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €128,418 | €123,599 | -€4,818 | -3.8% |
| Tax-exempt reserves | 132 | €13,089 | €13,089 | = | 0.0% |
| Distributable reserves | 133 | €115,329 | €110,511 | -€4,818 | -4.2% |
| Amounts payable | 17/49 | €146,212 | €108,182 | -€38,030 | -26.0% |
| Amounts payable after more than one year | 17 | €60,332 | €30,918 | -€29,415 | -48.8% |
| Financial debts | 170/4 | €60,332 | €30,918 | -€29,415 | -48.8% |
| Amounts payable within one year | 42/48 | €80,373 | €72,714 | -€7,659 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €36,751 | €29,415 | -€7,337 | -20.0% |
| Financial debts | 43 | €1,171 | €0 | -€1,171 | -100% |
| Credit institutions | 430/8 | €1,171 | €0 | -€1,171 | -100% |
| Trade debts | 44 | €3,453 | €3,595 | +€142 | +4.1% |
| Suppliers | 440/4 | €3,453 | €3,595 | +€142 | +4.1% |
| Other amounts payable | 47/48 | €38,998 | €39,705 | +€706 | +1.8% |
| Accrued charges and deferred income | 492/3 | €5,507 | €4,550 | -€957 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,804 | €52,397 | +€1,593 | +3.1% |
| Other operating charges | 640/8 | €11,906 | €5,913 | -€5,993 | -50.3% |
| Gross operating margin | 9900 | €62,867 | €56,706 | -€6,161 | -9.8% |
| Operating profit (loss) | 9901 | €157 | -€1,605 | -€1,762 | |
| Financial income | 75/76B | €11 | €21 | +€10 | +88.1% |
| Recurring financial income | 75 | €11 | €21 | +€10 | +88.1% |
| Financial charges | 65/66B | €4,222 | €3,234 | -€988 | -23.4% |
| Recurring financial charges | 65 | €4,222 | €3,234 | -€988 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,054 | -€4,818 | -€764 | -18.9% |
| Profit (loss) for the period | 9904 | -€4,054 | -€4,818 | -€764 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,054 | -€4,818 | -€764 | -18.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.