MEEUSEN ZEEVISHANDEL: what changed
What changed
MEEUSEN ZEEVISHANDEL
NACE 47.230, Retail trade
filed annual accounts (NBB)
Net result for the year
€105,060
2024 · €138,314-€33,254
Equity
€1.2m
2024 · €1.1m+€105,060
Cash
€1.4m
2024 · €1.2m+€227,696
Balance sheet total
€1.7m
2024 · €1.6m+€147,161
Largest movements
Assets
- Cash +€227,696
up €227,696 (+19.7%), from €1.2m to €1.4m
mainly Net result for the year (+€105,060) and Trade debts (+€95,965)
- Tangible fixed assets -€74,490
down €74,490 (-24.4%), from €304,890 to €230,400
of which Furniture and vehicles: -€67,292
Equity and liabilities
- Reserves +€105,060
up €105,060 (+9.4%), from €1.1m to €1.2m
of which Distributable reserves: +€114,998
- Trade debts +€95,965
up €95,965 (+67.8%), from €141,450 to €237,415
- Debts after one year -€57,789
down €57,789 (-31.1%), from €185,804 to €128,015
Income statement
- Staff costs +€33,753
up €33,753 (+49.4%), from €68,315 to €102,068
- Gross operating margin -€4,861
down €4,861 (-1.5%), from €330,197 to €325,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€138,314
Gross operating margin
-€4,861
Staff costs
-€33,753
Depreciation
+€2,700
Other operating charges
-€1,738
Financial income
+€2,575
Financial charges
+€281
Taxes
+€1,541
Result 2025
€105,060
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€284,683
Investment
€0
Financing
-€56,987
Cash 2024
€1.2m
From operations (derived)
+€284,683
Net result for the year
+€105,060
Depreciation
+€74,490
Receivables after one year
+€10,699
Receivables within one year
-€8,242
Deferred charges and accrued income
+€3,587
Provisions
-€2,485
Trade debts
+€95,965
Tax, wage and social debts
+€5,619
Accrued charges and deferred income
-€11
Financing
-€56,987
Debts after one year
-€57,789
Current portion of long-term debt
+€802
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,579,378 | €1,726,539 | +€147,161 | +9.3% |
| Fixed assets | 21/28 | €304,890 | €230,400 | -€74,490 | -24.4% |
| Tangible fixed assets | 22/27 | €304,890 | €230,400 | -€74,490 | -24.4% |
| Plant, machinery and equipment | 23 | €11,854 | €7,475 | -€4,379 | -36.9% |
| Furniture and vehicles | 24 | €289,470 | €222,179 | -€67,292 | -23.2% |
| Other tangible fixed assets | 26 | €3,565 | €747 | -€2,819 | -79.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,274,488 | €1,496,139 | +€221,651 | +17.4% |
| Amounts receivable after more than one year | 29 | €97,383 | €86,683 | -€10,699 | -11.0% |
| Other amounts receivable | 291 | €97,383 | €86,683 | -€10,699 | -11.0% |
| Amounts receivable within one year | 40/41 | €15,958 | €24,200 | +€8,242 | +51.6% |
| Trade receivables | 40 | - | €2,153 | +€2,153 | |
| Other amounts receivable | 41 | €15,958 | €22,047 | +€6,089 | +38.2% |
| Cash at bank and in hand | 54/58 | €1,156,814 | €1,384,510 | +€227,696 | +19.7% |
| Deferred charges and accrued income | 490/1 | €4,333 | €746 | -€3,587 | -82.8% |
| Total equity and liabilities | 10/49 | €1,579,378 | €1,726,539 | +€147,161 | +9.3% |
| Equity | 10/15 | €1,131,328 | €1,236,388 | +€105,060 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,112,728 | €1,217,788 | +€105,060 | +9.4% |
| Tax-exempt reserves | 132 | €39,753 | €29,815 | -€9,938 | -25.0% |
| Distributable reserves | 133 | €1,072,975 | €1,187,973 | +€114,998 | +10.7% |
| Provisions and deferred taxes | 16 | €9,938 | €7,454 | -€2,485 | -25.0% |
| Deferred taxes | 168 | €9,938 | €7,454 | -€2,485 | -25.0% |
| Amounts payable | 17/49 | €438,112 | €482,698 | +€44,586 | +10.2% |
| Amounts payable after more than one year | 17 | €185,804 | €128,015 | -€57,789 | -31.1% |
| Financial debts | 170/4 | €185,804 | €128,015 | -€57,789 | -31.1% |
| Amounts payable within one year | 42/48 | €251,667 | €354,053 | +€102,386 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €56,987 | €57,789 | +€802 | +1.4% |
| Trade debts | 44 | €141,450 | €237,415 | +€95,965 | +67.8% |
| Suppliers | 440/4 | €141,450 | €237,415 | +€95,965 | +67.8% |
| Taxes, remuneration and social security | 45 | €46,857 | €52,476 | +€5,619 | +12.0% |
| Taxes | 450/3 | €40,195 | €41,618 | +€1,423 | +3.5% |
| Remuneration and social security | 454/9 | €6,662 | €10,857 | +€4,196 | +63.0% |
| Other amounts payable | 47/48 | €6,374 | €6,374 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €641 | €630 | -€11 | -1.6% |
| Remuneration, social security and pensions | 62 | €68,315 | €102,068 | +€33,753 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,190 | €74,490 | -€2,700 | -3.5% |
| Other operating charges | 640/8 | €10,759 | €12,497 | +€1,738 | +16.2% |
| Gross operating margin | 9900 | €330,197 | €325,337 | -€4,861 | -1.5% |
| Operating profit (loss) | 9901 | €173,934 | €136,282 | -€37,652 | -21.6% |
| Financial income | 75/76B | €1,824 | €4,399 | +€2,575 | +141% |
| Recurring financial income | 75 | €1,824 | €4,399 | +€2,575 | +141% |
| Financial charges | 65/66B | €4,635 | €4,355 | -€281 | -6.1% |
| Recurring financial charges | 65 | €4,635 | €4,355 | -€281 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €171,122 | €136,327 | -€34,795 | -20.3% |
| Transfer from deferred taxes | 780 | €2,485 | €2,485 | = | 0.0% |
| Income taxes | 67/77 | €35,293 | €33,752 | -€1,541 | -4.4% |
| Profit (loss) for the period | 9904 | €138,314 | €105,060 | -€33,254 | -24.0% |
| Transfer from tax-exempt reserves | 789 | €9,938 | €9,938 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,253 | €114,998 | -€33,254 | -22.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.