Meesters Engelen: 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.
Meesters Engelen
Largest movements
- Cash -€59,830
down €59,830 (-52.6%), from €113,714 to €53,885
mainly Net result for the year (-€41,417) and Receivables within one year (-€13,160)
- Receivables within one year +€13,160
up €13,160 (+236%), from €5,588 to €18,748
of which Trade receivables: +€11,229
- Intangible fixed assets +€3,541
new in 2025: €3,541
- Deferred charges and accrued income -€1,652
down €1,652 (-100%), from €1,652 to €0
- Profit (loss) carried forward -€41,417
new in 2025: -€41,417
- Tax, wage and social debts -€4,304
down €4,304 (-100%), from €4,304 to €0
- Gross operating margin -€196,371
down €196,371, from €155,051 to -€41,321
- Taxes -€46,804
down €46,804 (-100%), from €46,804 to €0
- Financial charges -€11,013
down €11,013 (-99.4%), from €11,075 to €62
- Financial income -€4,057
down €4,057 (-100%), from €4,057 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 | €120,955 | €76,174 | -€44,781 | -37.0% |
| Fixed assets | 21/28 | - | €3,541 | +€3,541 | |
| Intangible fixed assets | 21 | - | €3,541 | +€3,541 | |
| Current assets | 29/58 | €120,955 | €72,633 | -€48,322 | -40.0% |
| Amounts receivable within one year | 40/41 | €5,588 | €18,748 | +€13,160 | +236% |
| Trade receivables | 40 | - | €11,229 | +€11,229 | |
| Other amounts receivable | 41 | €5,588 | €7,519 | +€1,931 | +34.6% |
| Cash at bank and in hand | 54/58 | €113,714 | €53,885 | -€59,830 | -52.6% |
| Deferred charges and accrued income | 490/1 | €1,652 | €0 | -€1,652 | -100% |
| Total equity and liabilities | 10/49 | €120,955 | €76,174 | -€44,781 | -37.0% |
| Equity | 10/15 | €110,119 | €68,702 | -€41,417 | -37.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €100,119 | €100,119 | = | 0.0% |
| Distributable reserves | 133 | €100,119 | €100,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€41,417 | -€41,417 | |
| Amounts payable | 17/49 | €10,836 | €7,472 | -€3,364 | -31.0% |
| Amounts payable within one year | 42/48 | €10,836 | €7,472 | -€3,364 | -31.0% |
| Trade debts | 44 | €6,532 | €7,472 | +€940 | +14.4% |
| Suppliers | 440/4 | €6,532 | €7,472 | +€940 | +14.4% |
| Taxes, remuneration and social security | 45 | €4,304 | €0 | -€4,304 | -100% |
| Taxes | 450/3 | €4,304 | €0 | -€4,304 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883 | €34 | -€849 | -96.1% |
| Other operating charges | 640/8 | €227 | €0 | -€227 | -100% |
| Gross operating margin | 9900 | €155,051 | -€41,321 | -€196,371 | |
| Operating profit (loss) | 9901 | €153,941 | -€41,355 | -€195,295 | |
| Financial income | 75/76B | €4,057 | €0 | -€4,057 | -100% |
| Recurring financial income | 75 | €4,057 | €0 | -€4,057 | -100% |
| Financial charges | 65/66B | €11,075 | €62 | -€11,013 | -99.4% |
| Recurring financial charges | 65 | €11,075 | €62 | -€11,013 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €146,923 | -€41,417 | -€188,339 | |
| Income taxes | 67/77 | €46,804 | €0 | -€46,804 | -100% |
| Profit (loss) for the period | 9904 | €100,119 | -€41,417 | -€141,535 | |
| Profit (loss) for the period to be appropriated | 9905 | €100,119 | -€41,417 | -€141,535 |
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 27 October 2026 via checked.be.