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 +€813,810
up €813,810 (+23.6%), from €3.4m to €4.3m
of which Furniture and vehicles: +€470,391
- Stocks and contracts +€660,500
up €660,500 (+75.3%), from €877,050 to €1.5m
- Cash +€80,281
up €80,281 (+3531.9%), from €2,273 to €82,554
mainly Other debts (+€2.2m) and Depreciation (+€186,972)
- Other debts +€2.2m
up €2.2m (+37.0%), from €6.1m to €8.3m
- Profit (loss) carried forward -€689,026
down €689,026 (-37.8%), from -€1.8m to -€2.5m
- Gross operating margin -€254,785
down €254,785 (-111.9%), from -€227,597 to -€482,383
- Depreciation +€16,439
up €16,439 (+9.6%), from €170,533 to €186,972
- Other operating charges +€9,730
up €9,730 (+103.4%), from €9,408 to €19,139
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 | €4,354,117 | €5,908,868 | +€1.6m | +35.7% |
| Fixed assets | 21/28 | €3,444,335 | €4,266,561 | +€822,227 | +23.9% |
| Intangible fixed assets | 21 | - | €8,417 | +€8,417 | |
| Tangible fixed assets | 22/27 | €3,444,335 | €4,258,145 | +€813,810 | +23.6% |
| Land and buildings | 22 | €1,412,905 | €1,861,413 | +€448,508 | +31.7% |
| Plant, machinery and equipment | 23 | €142,999 | €119,814 | -€23,185 | -16.2% |
| Furniture and vehicles | 24 | €71,670 | €542,060 | +€470,391 | +656.3% |
| Other tangible fixed assets | 26 | €1,816,762 | €1,734,858 | -€81,903 | -4.5% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €909,782 | €1,642,307 | +€732,525 | +80.5% |
| Stocks and contracts in progress | 3 | €877,050 | €1,537,550 | +€660,500 | +75.3% |
| Stocks | 30/36 | €877,050 | €1,537,550 | +€660,500 | +75.3% |
| Amounts receivable within one year | 40/41 | €15,589 | €5,178 | -€10,412 | -66.8% |
| Trade receivables | 40 | €560 | €0 | -€560 | -100.0% |
| Other amounts receivable | 41 | €15,029 | €5,178 | -€9,852 | -65.5% |
| Cash at bank and in hand | 54/58 | €2,273 | €82,554 | +€80,281 | +3531.9% |
| Deferred charges and accrued income | 490/1 | €14,870 | €17,025 | +€2,156 | +14.5% |
| Total equity and liabilities | 10/49 | €4,354,117 | €5,908,868 | +€1.6m | +35.7% |
| Equity | 10/15 | -€1,814,952 | -€2,503,978 | -€689,026 | -38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,821,152 | -€2,510,178 | -€689,026 | -37.8% |
| Amounts payable | 17/49 | €6,169,069 | €8,412,847 | +€2.2m | +36.4% |
| Amounts payable within one year | 42/48 | €6,167,569 | €8,411,263 | +€2.2m | +36.4% |
| Trade debts | 44 | €108,281 | €113,869 | +€5,588 | +5.2% |
| Suppliers | 440/4 | €108,281 | €113,869 | +€5,588 | +5.2% |
| Advances received on contracts in progress | 46 | €1,120 | €0 | -€1,120 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,342 | €856 | -€486 | -36.2% |
| Taxes | 450/3 | €1,342 | €856 | -€486 | -36.2% |
| Other amounts payable | 47/48 | €6,056,826 | €8,296,538 | +€2.2m | +37.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,584 | +€84 | +5.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,533 | €186,972 | +€16,439 | +9.6% |
| Other operating charges | 640/8 | €9,408 | €19,139 | +€9,730 | +103.4% |
| Non-recurring operating charges | 66A | €7,250 | €0 | -€7,250 | -100.0% |
| Gross operating margin | 9900 | -€227,597 | -€482,383 | -€254,785 | -111.9% |
| Operating profit (loss) | 9901 | -€414,788 | -€688,493 | -€273,705 | -66.0% |
| Financial income | 75/76B | €17 | €53 | +€36 | +216.1% |
| Recurring financial income | 75 | €17 | €53 | +€36 | +216.1% |
| Financial charges | 65/66B | €68 | €323 | +€255 | +378.1% |
| Recurring financial charges | 65 | €68 | €323 | +€255 | +378.1% |
| Profit (loss) for the period before taxes | 9903 | -€414,839 | -€688,763 | -€273,924 | -66.0% |
| Income taxes | 67/77 | €282 | €263 | -€19 | -6.7% |
| Profit (loss) for the period | 9904 | -€415,121 | -€689,026 | -€273,905 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€415,121 | -€689,026 | -€273,905 | -66.0% |
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.