Meesters Management: 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.
Meesters Management
Largest movements
- Cash +€41,777
up €41,777 (+312.0%), from €13,389 to €55,166
mainly Other debts (+€226,281) and Net result for the year (+€69,223)
- Tangible fixed assets -€22,788
down €22,788 (-2.3%), from €988,927 to €966,140
of which Land and buildings: -€20,248
- Receivables within one year -€17,560
down €17,560 (-9.3%), from €188,126 to €170,566
of which Trade receivables: -€13,773
- Other debts +€226,281
up €226,281 (+719.6%), from €31,444 to €257,725
- Profit (loss) carried forward -€180,777
down €180,777 (-61.7%), from €292,878 to €112,101
- Debts after one year -€56,024
down €56,024 (-6.9%), from €808,502 to €752,478
- Gross operating margin +€10,486
up €10,486 (+7.7%), from €136,994 to €147,479
- Taxes +€7,680
up €7,680 (+30.6%), from €25,082 to €32,762
- Other operating charges +€2,993
up €2,993 (+167.1%), from €1,791 to €4,785
- Depreciation +€2,291
up €2,291 (+8.6%), from €26,523 to €28,814
- Write-downs -€2,151
no longer reported in 2025 (was €2,151)
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 | €1,225,937 | €1,215,416 | -€10,520 | -0.9% |
| Formation expenses | 20 | €276 | €125 | -€151 | -54.6% |
| Fixed assets | 21/28 | €995,520 | €970,374 | -€25,146 | -2.5% |
| Intangible fixed assets | 21 | €6,593 | €4,234 | -€2,359 | -35.8% |
| Tangible fixed assets | 22/27 | €988,927 | €966,140 | -€22,788 | -2.3% |
| Land and buildings | 22 | €952,785 | €932,536 | -€20,248 | -2.1% |
| Plant, machinery and equipment | 23 | - | €1,103 | +€1,103 | |
| Furniture and vehicles | 24 | €36,143 | €32,500 | -€3,643 | -10.1% |
| Current assets | 29/58 | €230,141 | €244,918 | +€14,777 | +6.4% |
| Amounts receivable within one year | 40/41 | €188,126 | €170,566 | -€17,560 | -9.3% |
| Trade receivables | 40 | €42,139 | €28,367 | -€13,773 | -32.7% |
| Other amounts receivable | 41 | €145,987 | €142,200 | -€3,787 | -2.6% |
| Cash at bank and in hand | 54/58 | €13,389 | €55,166 | +€41,777 | +312.0% |
| Deferred charges and accrued income | 490/1 | €28,626 | €19,185 | -€9,440 | -33.0% |
| Total equity and liabilities | 10/49 | €1,225,937 | €1,215,416 | -€10,520 | -0.9% |
| Equity | 10/15 | €294,869 | €114,092 | -€180,777 | -61.3% |
| Contributions | 10/11 | €1,991 | €1,991 | = | 0.0% |
| Profit (loss) carried forward | 14 | €292,878 | €112,101 | -€180,777 | -61.7% |
| Amounts payable | 17/49 | €931,067 | €1,101,324 | +€170,257 | +18.3% |
| Amounts payable after more than one year | 17 | €808,502 | €752,478 | -€56,024 | -6.9% |
| Financial debts | 170/4 | €808,502 | €752,478 | -€56,024 | -6.9% |
| Amounts payable within one year | 42/48 | €121,258 | €348,847 | +€227,589 | +187.7% |
| Current portion of amounts payable after more than one year | 42 | €55,437 | €56,024 | +€587 | +1.1% |
| Trade debts | 44 | €30,535 | €25,502 | -€5,033 | -16.5% |
| Suppliers | 440/4 | €30,535 | €25,502 | -€5,033 | -16.5% |
| Taxes, remuneration and social security | 45 | €3,841 | €9,596 | +€5,754 | +149.8% |
| Taxes | 450/3 | €3,841 | €9,596 | +€5,754 | +149.8% |
| Other amounts payable | 47/48 | €31,444 | €257,725 | +€226,281 | +719.6% |
| Accrued charges and deferred income | 492/3 | €1,308 | - | -€1,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,523 | €28,814 | +€2,291 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,151 | - | -€2,151 | |
| Other operating charges | 640/8 | €1,791 | €4,785 | +€2,993 | +167.1% |
| Gross operating margin | 9900 | €136,994 | €147,479 | +€10,486 | +7.7% |
| Operating profit (loss) | 9901 | €106,527 | €113,881 | +€7,353 | +6.9% |
| Financial income | 75/76B | €409 | €3 | -€406 | -99.2% |
| Recurring financial income | 75 | €409 | €3 | -€406 | -99.2% |
| Financial charges | 65/66B | €9,929 | €11,899 | +€1,970 | +19.8% |
| Recurring financial charges | 65 | €9,929 | €11,899 | +€1,970 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €97,007 | €101,984 | +€4,977 | +5.1% |
| Income taxes | 67/77 | €25,082 | €32,762 | +€7,680 | +30.6% |
| Profit (loss) for the period | 9904 | €71,925 | €69,223 | -€2,703 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,925 | €69,223 | -€2,703 | -3.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.