Meester In Glas: 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.
Meester In Glas
Largest movements
- Cash -€45,409
down €45,409 (-61.0%), from €74,475 to €29,066
mainly Receivables within one year (-€22,119) and Tax, wage and social debts (-€13,361)
- Receivables within one year +€22,119
up €22,119 (+160%), from €13,849 to €35,968
of which Trade receivables: +€12,019
- Tangible fixed assets -€4,814
down €4,814 (-46.7%), from €10,312 to €5,499
- Tax, wage and social debts -€13,361
down €13,361 (-64.7%), from €20,640 to €7,279
- Reserves -€11,473
down €11,473 (-39.4%), from €29,145 to €17,672
- Trade debts -€3,721
down €3,721 (-88.3%), from €4,215 to €494
- Gross operating margin -€58,124
down €58,124, from €52,211 to -€5,914
- Taxes -€12,622
down €12,622 (-100%), from €12,622 to €0
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 | €98,637 | €70,533 | -€28,104 | -28.5% |
| Fixed assets | 21/28 | €10,312 | €5,499 | -€4,814 | -46.7% |
| Tangible fixed assets | 22/27 | €10,312 | €5,499 | -€4,814 | -46.7% |
| Furniture and vehicles | 24 | €10,312 | €5,499 | -€4,814 | -46.7% |
| Current assets | 29/58 | €88,324 | €65,034 | -€23,290 | -26.4% |
| Amounts receivable within one year | 40/41 | €13,849 | €35,968 | +€22,119 | +160% |
| Trade receivables | 40 | €3,672 | €15,692 | +€12,019 | +327% |
| Other amounts receivable | 41 | €10,177 | €20,276 | +€10,099 | +99.2% |
| Cash at bank and in hand | 54/58 | €74,475 | €29,066 | -€45,409 | -61.0% |
| Total equity and liabilities | 10/49 | €98,637 | €70,533 | -€28,104 | -28.5% |
| Equity | 10/15 | €47,745 | €36,272 | -€11,473 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,145 | €17,672 | -€11,473 | -39.4% |
| Distributable reserves | 133 | €29,145 | €17,672 | -€11,473 | -39.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,892 | €34,261 | -€16,631 | -32.7% |
| Amounts payable after more than one year | 17 | €25,500 | €25,500 | = | 0.0% |
| Other amounts payable | 178/9 | €25,500 | €25,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,392 | €8,761 | -€16,631 | -65.5% |
| Trade debts | 44 | €4,215 | €494 | -€3,721 | -88.3% |
| Suppliers | 440/4 | €4,215 | €494 | -€3,721 | -88.3% |
| Advances received on contracts in progress | 46 | - | €451 | +€451 | |
| Taxes, remuneration and social security | 45 | €20,640 | €7,279 | -€13,361 | -64.7% |
| Taxes | 450/3 | €20,640 | €7,279 | -€13,361 | -64.7% |
| Other amounts payable | 47/48 | €537 | €537 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,957 | €4,814 | -€143 | -2.9% |
| Other operating charges | 640/8 | €909 | €749 | -€160 | -17.6% |
| Gross operating margin | 9900 | €52,211 | -€5,914 | -€58,124 | |
| Operating profit (loss) | 9901 | €46,344 | -€11,477 | -€57,821 | |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €23 | €56 | +€33 | +143% |
| Recurring financial charges | 65 | €23 | €56 | +€33 | +143% |
| Profit (loss) for the period before taxes | 9903 | €46,321 | -€11,473 | -€57,794 | |
| Income taxes | 67/77 | €12,622 | €0 | -€12,622 | -100% |
| Profit (loss) for the period | 9904 | €33,698 | -€11,473 | -€45,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,698 | -€11,473 | -€45,171 |
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.