MEETJESHOEVE: 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.
MEETJESHOEVE
Largest movements
- Receivables within one year -€8,801
down €8,801 (-41.6%), from €21,153 to €12,352
of which Trade receivables: -€6,802
- Tangible fixed assets -€8,648
down €8,648 (-10.4%), from €83,194 to €74,546
of which Furniture and vehicles: -€5,300
- Cash -€5,958
down €5,958 (-86.0%), from €6,929 to €970
mainly Other debts (-€7,603) and Net result for the year (-€7,199)
- Deferred charges and accrued income +€3,196
up €3,196 (+23.3%), from €13,710 to €16,906
- Stocks and contracts +€2,137
up €2,137 (+17.4%), from €12,254 to €14,392
- Other debts -€7,603
down €7,603 (-8.6%), from €88,225 to €80,622
- Profit (loss) carried forward -€7,199
new in 2025: -€7,199
- Trade debts -€3,231
down €3,231 (-21.9%), from €14,754 to €11,523
- Gross operating margin -€15,253
down €15,253 (-61.3%), from €24,885 to €9,632
- Taxes -€3,501
no longer reported in 2025 (was €3,501)
- Financial charges +€912
up €912 (+35.0%), from €2,607 to €3,519
- Depreciation +€403
up €403 (+3.4%), from €11,784 to €12,187
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 | €137,240 | €119,166 | -€18,074 | -13.2% |
| Fixed assets | 21/28 | €83,194 | €74,546 | -€8,648 | -10.4% |
| Tangible fixed assets | 22/27 | €83,194 | €74,546 | -€8,648 | -10.4% |
| Plant, machinery and equipment | 23 | €13,126 | €10,628 | -€2,498 | -19.0% |
| Furniture and vehicles | 24 | €26,275 | €20,976 | -€5,300 | -20.2% |
| Other tangible fixed assets | 26 | €43,793 | €42,942 | -€850 | -1.9% |
| Current assets | 29/58 | €54,046 | €44,620 | -€9,426 | -17.4% |
| Stocks and contracts in progress | 3 | €12,254 | €14,392 | +€2,137 | +17.4% |
| Stocks | 30/36 | €12,254 | €14,392 | +€2,137 | +17.4% |
| Amounts receivable within one year | 40/41 | €21,153 | €12,352 | -€8,801 | -41.6% |
| Trade receivables | 40 | €16,154 | €9,352 | -€6,802 | -42.1% |
| Other amounts receivable | 41 | €4,999 | €3,000 | -€1,999 | -40.0% |
| Cash at bank and in hand | 54/58 | €6,929 | €970 | -€5,958 | -86.0% |
| Deferred charges and accrued income | 490/1 | €13,710 | €16,906 | +€3,196 | +23.3% |
| Total equity and liabilities | 10/49 | €137,240 | €119,166 | -€18,074 | -13.2% |
| Equity | 10/15 | €26,031 | €18,831 | -€7,199 | -27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,431 | €7,431 | = | 0.0% |
| Distributable reserves | 133 | €7,431 | €7,431 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,199 | -€7,199 | |
| Amounts payable | 17/49 | €111,209 | €100,334 | -€10,875 | -9.8% |
| Amounts payable within one year | 42/48 | €110,039 | €99,051 | -€10,988 | -10.0% |
| Trade debts | 44 | €14,754 | €11,523 | -€3,231 | -21.9% |
| Suppliers | 440/4 | €14,754 | €11,523 | -€3,231 | -21.9% |
| Taxes, remuneration and social security | 45 | €7,061 | €6,906 | -€155 | -2.2% |
| Taxes | 450/3 | €7,061 | €5,428 | -€1,633 | -23.1% |
| Remuneration and social security | 454/9 | - | €1,478 | +€1,478 | |
| Other amounts payable | 47/48 | €88,225 | €80,622 | -€7,603 | -8.6% |
| Accrued charges and deferred income | 492/3 | €1,170 | €1,283 | +€114 | +9.7% |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,784 | €12,187 | +€403 | +3.4% |
| Other operating charges | 640/8 | €1,717 | €1,880 | +€163 | +9.5% |
| Gross operating margin | 9900 | €24,885 | €9,632 | -€15,253 | -61.3% |
| Operating profit (loss) | 9901 | €11,383 | -€4,435 | -€15,818 | |
| Financial income | 75/76B | €725 | €754 | +€29 | +4.0% |
| Recurring financial income | 75 | €725 | €754 | +€29 | +4.0% |
| Financial charges | 65/66B | €2,607 | €3,519 | +€912 | +35.0% |
| Recurring financial charges | 65 | €2,607 | €3,519 | +€912 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €9,502 | -€7,199 | -€16,701 | |
| Income taxes | 67/77 | €3,501 | - | -€3,501 | |
| Profit (loss) for the period | 9904 | €6,001 | -€7,199 | -€13,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,001 | -€7,199 | -€13,200 |
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 1 November 2026 via checked.be.