MEETVISIE: 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.
MEETVISIE
Largest movements
- Cash +€129,566
up €129,566 (+1117.7%), from €11,592 to €141,158
mainly Trade debts (+€108,838) and Stocks and contracts (+€29,564)
- Stocks and contracts -€29,564
down €29,564 (-22.0%), from €134,137 to €104,574
- Tangible fixed assets -€19,431
down €19,431 (-40.2%), from €48,381 to €28,950
of which Plant, machinery and equipment: -€11,076
- Trade debts +€108,838
up €108,838 (+207.1%), from €52,564 to €161,402
- Tax, wage and social debts -€13,322
down €13,322 (-35.9%), from €37,086 to €23,763
of which Taxes: -€13,946
- Debts after one year -€9,736
down €9,736 (-27.8%), from €35,013 to €25,276
- Gross operating margin +€29,574
up €29,574 (+23.2%), from €127,655 to €157,228
- Staff costs +€4,918
up €4,918 (+3.9%), from €126,600 to €131,518
- Financial charges +€4,162
up €4,162 (+503.4%), from €827 to €4,989
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 | €354,541 | €436,671 | +€82,130 | +23.2% |
| Fixed assets | 21/28 | €48,381 | €28,950 | -€19,431 | -40.2% |
| Tangible fixed assets | 22/27 | €48,381 | €28,950 | -€19,431 | -40.2% |
| Land and buildings | 22 | €1,149 | €1,005 | -€144 | -12.5% |
| Plant, machinery and equipment | 23 | €35,676 | €24,600 | -€11,076 | -31.0% |
| Leasing and similar rights | 25 | €11,556 | €3,344 | -€8,211 | -71.1% |
| Current assets | 29/58 | €306,161 | €407,722 | +€101,561 | +33.2% |
| Stocks and contracts in progress | 3 | €134,137 | €104,574 | -€29,564 | -22.0% |
| Stocks | 30/36 | €134,137 | €104,574 | -€29,564 | -22.0% |
| Amounts receivable within one year | 40/41 | €160,431 | €161,990 | +€1,559 | +1.0% |
| Trade receivables | 40 | €160,431 | €161,802 | +€1,371 | +0.9% |
| Other amounts receivable | 41 | - | €189 | +€189 | |
| Cash at bank and in hand | 54/58 | €11,592 | €141,158 | +€129,566 | +1117.7% |
| Total equity and liabilities | 10/49 | €354,541 | €436,671 | +€82,130 | +23.2% |
| Equity | 10/15 | €46,234 | €46,598 | +€365 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,774 | €26,138 | +€365 | +1.4% |
| Amounts payable | 17/49 | €308,308 | €390,073 | +€81,765 | +26.5% |
| Amounts payable after more than one year | 17 | €35,013 | €25,276 | -€9,736 | -27.8% |
| Financial debts | 170/4 | €35,013 | €25,276 | -€9,736 | -27.8% |
| Amounts payable within one year | 42/48 | €273,295 | €364,797 | +€91,502 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €13,832 | €9,736 | -€4,095 | -29.6% |
| Trade debts | 44 | €52,564 | €161,402 | +€108,838 | +207.1% |
| Suppliers | 440/4 | €52,564 | €161,402 | +€108,838 | +207.1% |
| Taxes, remuneration and social security | 45 | €37,086 | €23,763 | -€13,322 | -35.9% |
| Taxes | 450/3 | €21,601 | €7,655 | -€13,946 | -64.6% |
| Remuneration and social security | 454/9 | €15,485 | €16,108 | +€624 | +4.0% |
| Other amounts payable | 47/48 | €169,814 | €169,896 | +€82 | 0.0% |
| Remuneration, social security and pensions | 62 | €126,600 | €131,518 | +€4,918 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,155 | €19,155 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €383 | +€383 | |
| Other operating charges | 640/8 | €2,279 | €2,112 | -€167 | -7.3% |
| Gross operating margin | 9900 | €127,655 | €157,228 | +€29,574 | +23.2% |
| Operating profit (loss) | 9901 | -€20,379 | €4,061 | +€24,440 | |
| Financial income | 75/76B | €2,626 | €1,293 | -€1,334 | -50.8% |
| Recurring financial income | 75 | €2,626 | €1,293 | -€1,334 | -50.8% |
| Financial charges | 65/66B | €827 | €4,989 | +€4,162 | +503.4% |
| Recurring financial charges | 65 | €827 | €4,989 | +€4,162 | +503.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,580 | €365 | +€18,944 | |
| Profit (loss) for the period | 9904 | -€18,580 | €365 | +€18,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,580 | €365 | +€18,944 |
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 12 October 2026 via checked.be.