MEIBOOM: 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.
MEIBOOM
Largest movements
- Tangible fixed assets +€308,419
up €308,419 (+30.1%), from €1.0m to €1.3m
of which Land and buildings: +€306,619
- Cash +€196,361
up €196,361 (+3893.1%), from €5,044 to €201,405
mainly Contributions, distributions and other (+€367,992) and Debts after one year (+€197,622)
- Receivables within one year -€17,477
down €17,477 (-69.7%), from €25,065 to €7,588
of which Trade receivables: -€20,665
- Contributions +€367,992
up €367,992 (+47.1%), from €781,600 to €1.1m
- Debts after one year +€197,622
up €197,622 (+53.5%), from €369,658 to €567,280
of which Trade debts: +€367,280
- Other debts -€53,000
no longer reported in 2025 (was €53,000)
- Profit (loss) carried forward -€27,074
down €27,074 (-15.7%), from -€172,547 to -€199,621
- Gross operating margin +€4,618
up €4,618 (+35.7%), from €12,943 to €17,560
- Financial charges +€1,942
up €1,942 (+39.6%), from €4,900 to €6,841
- Other operating charges -€1,746
down €1,746 (-19.1%), from €9,144 to €7,398
- Depreciation -€383
down €383 (-1.2%), from €30,778 to €30,395
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 | €1,054,066 | €1,541,369 | +€487,303 | +46.2% |
| Fixed assets | 21/28 | €1,023,957 | €1,332,376 | +€308,419 | +30.1% |
| Tangible fixed assets | 22/27 | €1,023,722 | €1,332,141 | +€308,419 | +30.1% |
| Land and buildings | 22 | €1,020,270 | €1,326,890 | +€306,619 | +30.1% |
| Plant, machinery and equipment | 23 | €624 | - | -€624 | |
| Furniture and vehicles | 24 | €2,828 | €5,251 | +€2,423 | +85.7% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €30,109 | €208,993 | +€178,884 | +594.1% |
| Amounts receivable within one year | 40/41 | €25,065 | €7,588 | -€17,477 | -69.7% |
| Trade receivables | 40 | €24,727 | €4,063 | -€20,665 | -83.6% |
| Other amounts receivable | 41 | €338 | €3,525 | +€3,188 | +943.7% |
| Cash at bank and in hand | 54/58 | €5,044 | €201,405 | +€196,361 | +3893.1% |
| Total equity and liabilities | 10/49 | €1,054,066 | €1,541,369 | +€487,303 | +46.2% |
| Equity | 10/15 | €609,053 | €949,971 | +€340,918 | +56.0% |
| Contributions | 10/11 | €781,600 | €1,149,592 | +€367,992 | +47.1% |
| Profit (loss) carried forward | 14 | -€172,547 | -€199,621 | -€27,074 | -15.7% |
| Amounts payable | 17/49 | €445,013 | €591,398 | +€146,385 | +32.9% |
| Amounts payable after more than one year | 17 | €369,658 | €567,280 | +€197,622 | +53.5% |
| Financial debts | 170/4 | €369,658 | €200,000 | -€169,658 | -45.9% |
| Trade debts | 175 | - | €367,280 | +€367,280 | |
| Amounts payable within one year | 42/48 | €75,355 | €24,119 | -€51,237 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €17,194 | €17,900 | +€706 | +4.1% |
| Trade debts | 44 | €5,161 | €6,218 | +€1,057 | +20.5% |
| Suppliers | 440/4 | €5,161 | €6,218 | +€1,057 | +20.5% |
| Other amounts payable | 47/48 | €53,000 | - | -€53,000 | |
| Non-recurring operating income | 76A | - | €1,293 | +€1,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,778 | €30,395 | -€383 | -1.2% |
| Other operating charges | 640/8 | €9,144 | €7,398 | -€1,746 | -19.1% |
| Gross operating margin | 9900 | €12,943 | €17,560 | +€4,618 | +35.7% |
| Operating profit (loss) | 9901 | -€26,979 | -€20,233 | +€6,747 | +25.0% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €4,900 | €6,841 | +€1,942 | +39.6% |
| Recurring financial charges | 65 | €4,900 | €6,841 | +€1,942 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,867 | -€27,074 | +€4,793 | +15.0% |
| Profit (loss) for the period | 9904 | -€31,867 | -€27,074 | +€4,793 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,867 | -€27,074 | +€4,793 | +15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.