MEEVEST: what changed
Two fiscal 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.
MEEVEST
Largest movements
- Cash +€5,934
up €5,934 (+17.4%), from €34,192 to €40,126
mainly Net result for the year (+€37,912) and Depreciation (+€5,062)
- Tangible fixed assets -€5,062
down €5,062 (-2.7%), from €190,627 to €185,565
of which Land and buildings: -€5,062
- Profit (loss) carried forward +€3,334
up €3,334 (+6.4%), from €52,083 to €55,417
- Gross operating margin +€10,152
up €10,152 (+21.1%), from €48,195 to €58,348
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 | €227,125 | €227,721 | +€596 | +0.3% |
| Fixed assets | 21/28 | €191,633 | €186,571 | -€5,062 | -2.6% |
| Tangible fixed assets | 22/27 | €190,627 | €185,565 | -€5,062 | -2.7% |
| Land and buildings | 22 | €190,627 | €185,565 | -€5,062 | -2.7% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €1,006 | €1,006 | = | 0.0% |
| Current assets | 29/58 | €35,492 | €41,150 | +€5,658 | +15.9% |
| Cash at bank and in hand | 54/58 | €34,192 | €40,126 | +€5,934 | +17.4% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,024 | -€276 | -21.2% |
| Total equity and liabilities | 10/49 | €227,125 | €227,721 | +€596 | +0.3% |
| Equity | 10/15 | €139,317 | €141,228 | +€1,912 | +1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €25,260 | €23,838 | -€1,422 | -5.6% |
| Non-distributable reserves | 130/1 | €3,838 | €3,838 | = | 0.0% |
| Legal reserve | 130 | €3,838 | €3,838 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,308 | €19,885 | -€1,422 | -6.7% |
| Distributable reserves | 133 | €114 | €114 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,083 | €55,417 | +€3,334 | +6.4% |
| Provisions and deferred taxes | 16 | €11,229 | €10,497 | -€732 | -6.5% |
| Deferred taxes | 168 | €11,229 | €10,497 | -€732 | -6.5% |
| Amounts payable | 17/49 | €76,579 | €75,996 | -€583 | -0.8% |
| Amounts payable within one year | 42/48 | €73,079 | €72,496 | -€583 | -0.8% |
| Trade debts | 44 | €386 | €1,226 | +€840 | +217.7% |
| Suppliers | 440/4 | €386 | €1,226 | +€840 | +217.7% |
| Taxes, remuneration and social security | 45 | €2,237 | €1,967 | -€270 | -12.1% |
| Taxes | 450/3 | €2,237 | €1,967 | -€270 | -12.1% |
| Other amounts payable | 47/48 | €70,456 | €69,303 | -€1,153 | -1.6% |
| Accrued charges and deferred income | 492/3 | €3,500 | €3,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,062 | €5,062 | = | 0.0% |
| Other operating charges | 640/8 | €12,869 | €13,282 | +€414 | +3.2% |
| Gross operating margin | 9900 | €48,195 | €58,348 | +€10,152 | +21.1% |
| Operating profit (loss) | 9901 | €30,265 | €40,003 | +€9,739 | +32.2% |
| Financial charges | 65/66B | €1,754 | €1,206 | -€548 | -31.2% |
| Recurring financial charges | 65 | €1,754 | €1,206 | -€548 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €28,511 | €38,798 | +€10,286 | +36.1% |
| Transfer from deferred taxes | 780 | €732 | €732 | = | 0.0% |
| Income taxes | 67/77 | €1,994 | €1,618 | -€376 | -18.9% |
| Profit (loss) for the period | 9904 | €27,249 | €37,912 | +€10,662 | +39.1% |
| Transfer from tax-exempt reserves | 789 | €1,422 | €1,422 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,672 | €39,334 | +€10,662 | +37.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.