Meesterschilders: 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.
Meesterschilders
Largest movements
- Tangible fixed assets +€9,052
new in 2025: €9,052
- Receivables within one year -€5,090
down €5,090 (-18.6%), from €27,325 to €22,235
of which Trade receivables: -€9,597
- Cash +€2,354
up €2,354 (+360%), from €654 to €3,007
mainly Net result for the year (+€9,207) and Receivables within one year (+€5,090)
- Profit (loss) carried forward +€9,207
up €9,207 (+81.0%), from €11,361 to €20,568
- Tax, wage and social debts -€4,589
down €4,589 (-39.3%), from €11,672 to €7,083
- Trade debts +€1,943
up €1,943, from €0 to €1,943
- Gross operating margin -€3,146
down €3,146 (-17.5%), from €17,996 to €14,850
- Depreciation +€2,271
new in 2025: €2,271
- Financial income +€687
up €687 (+2,288,333%), from €0 to €687
- Financial charges +€283
up €283 (+624%), from €45 to €328
- Taxes -€257
down €257 (-7.0%), from €3,670 to €3,413
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 | €28,033 | €34,594 | +€6,561 | +23.4% |
| Fixed assets | 21/28 | - | €9,052 | +€9,052 | |
| Tangible fixed assets | 22/27 | - | €9,052 | +€9,052 | |
| Furniture and vehicles | 24 | - | €9,052 | +€9,052 | |
| Current assets | 29/58 | €28,033 | €25,543 | -€2,490 | -8.9% |
| Amounts receivable within one year | 40/41 | €27,325 | €22,235 | -€5,090 | -18.6% |
| Trade receivables | 40 | €13,597 | €4,000 | -€9,597 | -70.6% |
| Other amounts receivable | 41 | €13,728 | €18,235 | +€4,507 | +32.8% |
| Cash at bank and in hand | 54/58 | €654 | €3,007 | +€2,354 | +360% |
| Deferred charges and accrued income | 490/1 | €54 | €300 | +€246 | +457% |
| Total equity and liabilities | 10/49 | €28,033 | €34,594 | +€6,561 | +23.4% |
| Equity | 10/15 | €16,361 | €25,568 | +€9,207 | +56.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,361 | €20,568 | +€9,207 | +81.0% |
| Amounts payable | 17/49 | €11,672 | €9,027 | -€2,645 | -22.7% |
| Amounts payable within one year | 42/48 | €11,672 | €9,027 | -€2,645 | -22.7% |
| Trade debts | 44 | €0 | €1,943 | +€1,943 | |
| Suppliers | 440/4 | €0 | €1,943 | +€1,943 | |
| Taxes, remuneration and social security | 45 | €11,672 | €7,083 | -€4,589 | -39.3% |
| Taxes | 450/3 | €11,672 | €7,083 | -€4,589 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,271 | +€2,271 | |
| Other operating charges | 640/8 | €193 | €317 | +€124 | +64.2% |
| Non-recurring operating charges | 66A | €2,726 | - | -€2,726 | |
| Gross operating margin | 9900 | €17,996 | €14,850 | -€3,146 | -17.5% |
| Operating profit (loss) | 9901 | €15,076 | €12,262 | -€2,815 | -18.7% |
| Financial income | 75/76B | €0 | €687 | +€687 | +2,288,333% |
| Recurring financial income | 75 | €0 | €687 | +€687 | +2,288,333% |
| Financial charges | 65/66B | €45 | €328 | +€283 | +624% |
| Recurring financial charges | 65 | €45 | €328 | +€283 | +624% |
| Profit (loss) for the period before taxes | 9903 | €15,031 | €12,620 | -€2,411 | -16.0% |
| Income taxes | 67/77 | €3,670 | €3,413 | -€257 | -7.0% |
| Profit (loss) for the period | 9904 | €11,361 | €9,207 | -€2,154 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,361 | €9,207 | -€2,154 | -19.0% |
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 29 October 2026 via checked.be.