Meesters Vloerverwarming: 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 Vloerverwarming
Largest movements
- Receivables within one year -€12,210
down €12,210 (-75.1%), from €16,258 to €4,048
of which Trade receivables: -€12,278
- Tangible fixed assets -€7,681
down €7,681 (-4.2%), from €184,954 to €177,273
of which Leasing and similar rights: -€7,207
- Debts after one year -€14,445
down €14,445 (-9.8%), from €146,749 to €132,304
- Current portion of long-term debt +€14,445
up €14,445 (+103.0%), from €14,024 to €28,469
- Other debts -€8,050
down €8,050 (-20.0%), from €40,286 to €32,236
- Profit (loss) carried forward -€6,785
down €6,785 (-29.8%), from -€22,735 to -€29,520
- Trade debts -€2,977
down €2,977 (-75.6%), from €3,937 to €960
- Gross operating margin -€955
down €955 (-12.6%), from €7,606 to €6,651
- Other operating charges +€896
up €896 (+821.7%), from €109 to €1,005
- Depreciation -€653
down €653 (-7.8%), from €8,334 to €7,681
- Financial charges -€417
down €417 (-8.1%), from €5,168 to €4,750
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 | €206,290 | €187,441 | -€18,848 | -9.1% |
| Fixed assets | 21/28 | €184,954 | €177,273 | -€7,681 | -4.2% |
| Tangible fixed assets | 22/27 | €184,954 | €177,273 | -€7,681 | -4.2% |
| Leasing and similar rights | 25 | €184,480 | €177,273 | -€7,207 | -3.9% |
| Other tangible fixed assets | 26 | €474 | - | -€474 | |
| Current assets | 29/58 | €21,336 | €10,169 | -€11,167 | -52.3% |
| Amounts receivable within one year | 40/41 | €16,258 | €4,048 | -€12,210 | -75.1% |
| Trade receivables | 40 | €14,249 | €1,970 | -€12,278 | -86.2% |
| Other amounts receivable | 41 | €2,009 | €2,077 | +€68 | +3.4% |
| Cash at bank and in hand | 54/58 | €5,078 | €6,121 | +€1,043 | +20.5% |
| Total equity and liabilities | 10/49 | €206,290 | €187,441 | -€18,848 | -9.1% |
| Equity | 10/15 | €257 | -€6,528 | -€6,785 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,392 | €4,392 | = | 0.0% |
| Distributable reserves | 133 | €4,392 | €4,392 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,735 | -€29,520 | -€6,785 | -29.8% |
| Amounts payable | 17/49 | €206,033 | €193,970 | -€12,063 | -5.9% |
| Amounts payable after more than one year | 17 | €146,749 | €132,304 | -€14,445 | -9.8% |
| Financial debts | 170/4 | €146,749 | €132,304 | -€14,445 | -9.8% |
| Amounts payable within one year | 42/48 | €59,284 | €61,666 | +€2,382 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €14,024 | €28,469 | +€14,445 | +103.0% |
| Trade debts | 44 | €3,937 | €960 | -€2,977 | -75.6% |
| Suppliers | 440/4 | €3,937 | €960 | -€2,977 | -75.6% |
| Advances received on contracts in progress | 46 | €375 | - | -€375 | |
| Taxes, remuneration and social security | 45 | €661 | - | -€661 | |
| Taxes | 450/3 | €661 | - | -€661 | |
| Other amounts payable | 47/48 | €40,286 | €32,236 | -€8,050 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,334 | €7,681 | -€653 | -7.8% |
| Other operating charges | 640/8 | €109 | €1,005 | +€896 | +821.7% |
| Gross operating margin | 9900 | €7,606 | €6,651 | -€955 | -12.6% |
| Operating profit (loss) | 9901 | -€837 | -€2,035 | -€1,197 | -143.0% |
| Financial charges | 65/66B | €5,168 | €4,750 | -€417 | -8.1% |
| Recurring financial charges | 65 | €5,168 | €4,750 | -€417 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,005 | -€6,785 | -€780 | -13.0% |
| Profit (loss) for the period | 9904 | -€6,005 | -€6,785 | -€780 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,005 | -€6,785 | -€780 | -13.0% |
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 8 October 2026 via checked.be.