Meeus Consultancy: 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 Consultancy
Largest movements
- Cash +€22,158
up €22,158 (+38.7%), from €57,321 to €79,480
mainly Other debts (+€67,101) and Net result for the year (+€56,668)
- Tangible fixed assets -€12,789
down €12,789 (-25.8%), from €49,651 to €36,862
of which Furniture and vehicles: -€13,553
- Receivables within one year +€8,464
up €8,464 (+82.1%), from €10,315 to €18,779
of which Trade receivables: +€8,439
- Deferred charges and accrued income +€3,102
up €3,102 (+423.1%), from €733 to €3,835
- Other debts +€67,101
up €67,101 (+13249.7%), from €506 to €67,607
- Reserves -€50,383
no longer reported in 2025 (was €50,383)
- Accrued charges and deferred income +€3,658
up €3,658 (+66.5%), from €5,501 to €9,159
- Tax, wage and social debts +€1,823
up €1,823 (+26.3%), from €6,922 to €8,745
- Gross operating margin +€10,744
up €10,744 (+13.3%), from €80,921 to €91,665
- Taxes +€1,932
up €1,932 (+15.4%), from €12,543 to €14,475
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 | €118,021 | €138,956 | +€20,935 | +17.7% |
| Fixed assets | 21/28 | €49,651 | €36,862 | -€12,789 | -25.8% |
| Tangible fixed assets | 22/27 | €49,651 | €36,862 | -€12,789 | -25.8% |
| Plant, machinery and equipment | 23 | €1,838 | €1,323 | -€515 | -28.0% |
| Furniture and vehicles | 24 | €32,591 | €19,038 | -€13,553 | -41.6% |
| Other tangible fixed assets | 26 | €15,222 | €16,501 | +€1,279 | +8.4% |
| Current assets | 29/58 | €68,369 | €102,094 | +€33,724 | +49.3% |
| Amounts receivable within one year | 40/41 | €10,315 | €18,779 | +€8,464 | +82.1% |
| Trade receivables | 40 | €10,315 | €18,754 | +€8,439 | +81.8% |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €57,321 | €79,480 | +€22,158 | +38.7% |
| Deferred charges and accrued income | 490/1 | €733 | €3,835 | +€3,102 | +423.1% |
| Total equity and liabilities | 10/49 | €118,021 | €138,956 | +€20,935 | +17.7% |
| Equity | 10/15 | €52,383 | €2,000 | -€50,383 | -96.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €50,383 | - | -€50,383 | |
| Distributable reserves | 133 | €50,383 | - | -€50,383 | |
| Amounts payable | 17/49 | €65,637 | €136,956 | +€71,319 | +108.7% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,136 | €77,797 | +€67,661 | +667.5% |
| Trade debts | 44 | €2,708 | €1,445 | -€1,263 | -46.6% |
| Suppliers | 440/4 | €2,708 | €1,445 | -€1,263 | -46.6% |
| Taxes, remuneration and social security | 45 | €6,922 | €8,745 | +€1,823 | +26.3% |
| Taxes | 450/3 | €6,922 | €8,745 | +€1,823 | +26.3% |
| Other amounts payable | 47/48 | €506 | €67,607 | +€67,101 | +13249.7% |
| Accrued charges and deferred income | 492/3 | €5,501 | €9,159 | +€3,658 | +66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,436 | €16,289 | +€854 | +5.5% |
| Other operating charges | 640/8 | €668 | €573 | -€95 | -14.2% |
| Gross operating margin | 9900 | €80,921 | €91,665 | +€10,744 | +13.3% |
| Operating profit (loss) | 9901 | €64,818 | €74,803 | +€9,985 | +15.4% |
| Financial charges | 65/66B | €3,780 | €3,660 | -€120 | -3.2% |
| Recurring financial charges | 65 | €3,780 | €3,660 | -€120 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €61,037 | €71,143 | +€10,105 | +16.6% |
| Income taxes | 67/77 | €12,543 | €14,475 | +€1,932 | +15.4% |
| Profit (loss) for the period | 9904 | €48,495 | €56,668 | +€8,173 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,495 | €56,668 | +€8,173 | +16.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.