MEERKLANK: 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.
MEERKLANK
Largest movements
- Tangible fixed assets +€406,337
up €406,337 (+21,606%), from €1,881 to €408,217
of which Land and buildings: +€394,926
- Cash -€6,569
down €6,569 (-25.8%), from €25,413 to €18,844
mainly Investment in fixed assets (net) (-€462,748) and Tax, wage and social debts (-€10,041)
- Debts after one year +€370,167
new in 2025: €370,167
- Other debts +€23,231
new in 2025: €23,231
- Current portion of long-term debt +€14,097
new in 2025: €14,097
- Tax, wage and social debts -€10,041
down €10,041 (-64.6%), from €15,541 to €5,500
of which Taxes: -€10,310
- Reserves +€6,182
up €6,182 (+18.6%), from €33,231 to €39,413
- Depreciation +€55,792
up €55,792 (+9,009%), from €619 to €56,411
- Gross operating margin +€27,126
up €27,126 (+57.3%), from €47,314 to €74,440
- Taxes -€9,910
down €9,910 (-77.7%), from €12,760 to €2,850
- Financial charges +€5,702
up €5,702 (+7,758%), from €74 to €5,776
- Other operating charges +€2,618
up €2,618 (+415%), from €631 to €3,248
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 | €51,389 | €455,388 | +€403,999 | +786% |
| Fixed assets | 21/28 | €1,881 | €408,217 | +€406,337 | +21,606% |
| Tangible fixed assets | 22/27 | €1,881 | €408,217 | +€406,337 | +21,606% |
| Land and buildings | 22 | - | €394,926 | +€394,926 | |
| Plant, machinery and equipment | 23 | - | €1,776 | +€1,776 | |
| Furniture and vehicles | 24 | €1,881 | €11,515 | +€9,635 | +512% |
| Current assets | 29/58 | €49,508 | €47,171 | -€2,337 | -4.7% |
| Amounts receivable within one year | 40/41 | €22,746 | €27,170 | +€4,423 | +19.4% |
| Trade receivables | 40 | €23 | €27,170 | +€27,147 | +118,287% |
| Other amounts receivable | 41 | €22,723 | - | -€22,723 | |
| Cash at bank and in hand | 54/58 | €25,413 | €18,844 | -€6,569 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,158 | -€191 | -14.2% |
| Total equity and liabilities | 10/49 | €51,389 | €455,388 | +€403,999 | +786% |
| Equity | 10/15 | €35,731 | €41,913 | +€6,182 | +17.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,231 | €39,413 | +€6,182 | +18.6% |
| Distributable reserves | 133 | €33,231 | €39,413 | +€6,182 | +18.6% |
| Amounts payable | 17/49 | €15,658 | €413,475 | +€397,817 | +2,541% |
| Amounts payable after more than one year | 17 | - | €370,167 | +€370,167 | |
| Financial debts | 170/4 | - | €370,167 | +€370,167 | |
| Amounts payable within one year | 42/48 | €15,658 | €43,308 | +€27,650 | +177% |
| Current portion of amounts payable after more than one year | 42 | - | €14,097 | +€14,097 | |
| Trade debts | 44 | €117 | €480 | +€362 | +310% |
| Suppliers | 440/4 | €117 | €480 | +€362 | +310% |
| Taxes, remuneration and social security | 45 | €15,541 | €5,500 | -€10,041 | -64.6% |
| Taxes | 450/3 | €13,960 | €3,650 | -€10,310 | -73.9% |
| Remuneration and social security | 454/9 | €1,581 | €1,850 | +€269 | +17.0% |
| Other amounts payable | 47/48 | - | €23,231 | +€23,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €56,411 | +€55,792 | +9,009% |
| Other operating charges | 640/8 | €631 | €3,248 | +€2,618 | +415% |
| Gross operating margin | 9900 | €47,314 | €74,440 | +€27,126 | +57.3% |
| Operating profit (loss) | 9901 | €46,064 | €14,781 | -€31,283 | -67.9% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €74 | €5,776 | +€5,702 | +7,758% |
| Recurring financial charges | 65 | €74 | €5,776 | +€5,702 | +7,758% |
| Profit (loss) for the period before taxes | 9903 | €45,991 | €9,032 | -€36,958 | -80.4% |
| Income taxes | 67/77 | €12,760 | €2,850 | -€9,910 | -77.7% |
| Profit (loss) for the period | 9904 | €33,231 | €6,182 | -€27,048 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,231 | €6,182 | -€27,048 | -81.4% |
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 17 October 2026 via checked.be.