Meeusen NG: 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.
Meeusen NG
Largest movements
- Tangible fixed assets +€303,485
up €303,485 (+151%), from €201,098 to €504,582
- Cash +€27,022
up €27,022 (+50.0%), from €54,070 to €81,092
mainly Contributions, distributions and other (+€318,550) and Receivables within one year (+€17,233)
- Receivables within one year -€17,233
down €17,233 (-83.2%), from €20,703 to €3,470
- Contributions +€318,550
up €318,550 (+265%), from €120,000 to €438,550
- Gross operating margin +€9,178
up €9,178 (+64.2%), from €14,288 to €23,466
- Taxes +€6,091
new in 2025: €6,091
- Depreciation +€5,036
up €5,036 (+50.2%), from €10,029 to €15,065
- Financial charges -€4,203
down €4,203 (-94.9%), from €4,429 to €226
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 | €278,673 | €592,381 | +€313,709 | +113% |
| Fixed assets | 21/28 | €203,598 | €507,082 | +€303,485 | +149% |
| Tangible fixed assets | 22/27 | €201,098 | €504,582 | +€303,485 | +151% |
| Land and buildings | 22 | €201,098 | €504,582 | +€303,485 | +151% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €75,075 | €85,299 | +€10,224 | +13.6% |
| Amounts receivable within one year | 40/41 | €20,703 | €3,470 | -€17,233 | -83.2% |
| Trade receivables | 40 | €20,703 | €3,470 | -€17,233 | -83.2% |
| Cash at bank and in hand | 54/58 | €54,070 | €81,092 | +€27,022 | +50.0% |
| Deferred charges and accrued income | 490/1 | €302 | €737 | +€435 | +144% |
| Total equity and liabilities | 10/49 | €278,673 | €592,381 | +€313,709 | +113% |
| Equity | 10/15 | €64,287 | €381,871 | +€317,584 | +494% |
| Contributions | 10/11 | €120,000 | €438,550 | +€318,550 | +265% |
| Profit (loss) carried forward | 14 | -€55,713 | -€56,679 | -€966 | -1.7% |
| Amounts payable | 17/49 | €214,386 | €210,510 | -€3,876 | -1.8% |
| Amounts payable within one year | 42/48 | €214,386 | €210,510 | -€3,876 | -1.8% |
| Trade debts | 44 | €2,422 | €1,394 | -€1,028 | -42.4% |
| Suppliers | 440/4 | €2,422 | €1,394 | -€1,028 | -42.4% |
| Taxes, remuneration and social security | 45 | €8,464 | €3,249 | -€5,215 | -61.6% |
| Taxes | 450/3 | €8,464 | €3,249 | -€5,215 | -61.6% |
| Other amounts payable | 47/48 | €203,500 | €205,867 | +€2,367 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,029 | €15,065 | +€5,036 | +50.2% |
| Other operating charges | 640/8 | €3,220 | €3,049 | -€171 | -5.3% |
| Gross operating margin | 9900 | €14,288 | €23,466 | +€9,178 | +64.2% |
| Operating profit (loss) | 9901 | €1,039 | €5,351 | +€4,313 | +415% |
| Financial charges | 65/66B | €4,429 | €226 | -€4,203 | -94.9% |
| Recurring financial charges | 65 | €4,429 | €226 | -€4,203 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,390 | €5,125 | +€8,515 | |
| Income taxes | 67/77 | - | €6,091 | +€6,091 | |
| Profit (loss) for the period | 9904 | -€3,390 | -€966 | +€2,424 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,390 | -€966 | +€2,424 | +71.5% |
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 31 October 2026 via checked.be.