MEEUS CHRIS: 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.
MEEUS CHRIS
Largest movements
- Tangible fixed assets -€14,615
down €14,615 (-11.7%), from €124,884 to €110,269
- Cash +€2,297
up €2,297 (+433.4%), from €530 to €2,827
mainly Other debts (+€18,549) and Depreciation (+€14,615)
- Debts after one year -€23,316
down €23,316 (-100.0%), from €23,316 to €0
- Other debts +€18,549
up €18,549 (+20.0%), from €92,826 to €111,376
- Current portion of long-term debt -€3,443
down €3,443 (-12.9%), from €26,760 to €23,316
- Accrued charges and deferred income -€2,384
down €2,384 (-100.0%), from €2,384 to €0
- Gross operating margin -€1,399
down €1,399 (-6.4%), from €21,793 to €20,393
- Financial charges -€1,265
down €1,265 (-29.7%), from €4,265 to €3,000
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 | €186,103 | €176,799 | -€9,304 | -5.0% |
| Fixed assets | 21/28 | €124,884 | €110,269 | -€14,615 | -11.7% |
| Tangible fixed assets | 22/27 | €124,884 | €110,269 | -€14,615 | -11.7% |
| Land and buildings | 22 | €124,884 | €110,269 | -€14,615 | -11.7% |
| Current assets | 29/58 | €61,219 | €66,530 | +€5,310 | +8.7% |
| Amounts receivable within one year | 40/41 | €60,689 | €61,903 | +€1,214 | +2.0% |
| Other amounts receivable | 41 | €60,689 | €61,903 | +€1,214 | +2.0% |
| Cash at bank and in hand | 54/58 | €530 | €2,827 | +€2,297 | +433.4% |
| Deferred charges and accrued income | 490/1 | - | €1,800 | +€1,800 | |
| Total equity and liabilities | 10/49 | €186,103 | €176,799 | -€9,304 | -5.0% |
| Equity | 10/15 | €39,694 | €40,878 | +€1,184 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,094 | €22,278 | +€1,184 | +5.6% |
| Distributable reserves | 133 | €21,094 | €22,278 | +€1,184 | +5.6% |
| Amounts payable | 17/49 | €146,409 | €135,921 | -€10,489 | -7.2% |
| Amounts payable after more than one year | 17 | €23,316 | €0 | -€23,316 | -100.0% |
| Financial debts | 170/4 | €23,316 | €0 | -€23,316 | -100.0% |
| Amounts payable within one year | 42/48 | €120,709 | €135,921 | +€15,212 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €26,760 | €23,316 | -€3,443 | -12.9% |
| Trade debts | 44 | €823 | €934 | +€111 | +13.5% |
| Suppliers | 440/4 | €823 | €934 | +€111 | +13.5% |
| Taxes, remuneration and social security | 45 | €300 | €295 | -€6 | -1.9% |
| Taxes | 450/3 | €300 | €295 | -€6 | -1.9% |
| Other amounts payable | 47/48 | €92,826 | €111,376 | +€18,549 | +20.0% |
| Accrued charges and deferred income | 492/3 | €2,384 | €0 | -€2,384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,615 | €14,615 | = | 0.0% |
| Other operating charges | 640/8 | €2,586 | €2,513 | -€72 | -2.8% |
| Gross operating margin | 9900 | €21,793 | €20,393 | -€1,399 | -6.4% |
| Operating profit (loss) | 9901 | €4,592 | €3,265 | -€1,327 | -28.9% |
| Financial income | 75/76B | €1,233 | €1,214 | -€19 | -1.6% |
| Recurring financial income | 75 | €1,233 | €1,214 | -€19 | -1.6% |
| Financial charges | 65/66B | €4,265 | €3,000 | -€1,265 | -29.7% |
| Recurring financial charges | 65 | €4,265 | €3,000 | -€1,265 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €1,560 | €1,479 | -€81 | -5.2% |
| Income taxes | 67/77 | €300 | €295 | -€6 | -1.9% |
| Profit (loss) for the period | 9904 | €1,260 | €1,184 | -€75 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,260 | €1,184 | -€75 | -6.0% |
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 11 October 2026 via checked.be.