Meijert: 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.
Meijert
Largest movements
- Cash -€36,606
down €36,606 (-40.3%), from €90,791 to €54,185
mainly Contributions, distributions and other (-€63,467) and Net result for the year (-€28,112)
- Receivables within one year -€15,902
down €15,902 (-55.5%), from €28,653 to €12,751
of which Trade receivables: -€23,965
- Reserves -€91,580
down €91,580 (-100%), from €91,580 to €0
- Other debts +€51,783
up €51,783 (+2,018%), from €2,566 to €54,348
- Tax, wage and social debts -€7,407
down €7,407 (-43.8%), from €16,928 to €9,520
of which Taxes: -€7,407
- Trade debts -€6,353
down €6,353 (-89.3%), from €7,113 to €760
- Gross operating margin -€74,236
down €74,236, from €48,497 to -€25,739
- Taxes -€9,225
down €9,225 (-98.6%), from €9,357 to €132
- Other operating charges -€1,419
down €1,419 (-58.1%), from €2,442 to €1,023
- Depreciation -€1,267
down €1,267 (-85.0%), from €1,491 to €224
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 | €121,187 | €67,629 | -€53,558 | -44.2% |
| Fixed assets | 21/28 | €224 | €0 | -€224 | -100% |
| Tangible fixed assets | 22/27 | €224 | €0 | -€224 | -100% |
| Furniture and vehicles | 24 | €224 | €0 | -€224 | -100% |
| Current assets | 29/58 | €120,963 | €67,629 | -€53,334 | -44.1% |
| Amounts receivable within one year | 40/41 | €28,653 | €12,751 | -€15,902 | -55.5% |
| Trade receivables | 40 | €28,653 | €4,688 | -€23,965 | -83.6% |
| Other amounts receivable | 41 | - | €8,063 | +€8,063 | |
| Cash at bank and in hand | 54/58 | €90,791 | €54,185 | -€36,606 | -40.3% |
| Deferred charges and accrued income | 490/1 | €1,519 | €693 | -€826 | -54.3% |
| Total equity and liabilities | 10/49 | €121,187 | €67,629 | -€53,558 | -44.2% |
| Equity | 10/15 | €94,580 | €3,000 | -€91,580 | -96.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €91,580 | €0 | -€91,580 | -100% |
| Distributable reserves | 133 | €91,580 | €0 | -€91,580 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,607 | €64,629 | +€38,022 | +143% |
| Amounts payable within one year | 42/48 | €26,607 | €64,629 | +€38,022 | +143% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,113 | €760 | -€6,353 | -89.3% |
| Suppliers | 440/4 | €7,113 | €760 | -€6,353 | -89.3% |
| Taxes, remuneration and social security | 45 | €16,928 | €9,520 | -€7,407 | -43.8% |
| Taxes | 450/3 | €16,928 | €9,520 | -€7,407 | -43.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,566 | €54,348 | +€51,783 | +2,018% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,491 | €224 | -€1,267 | -85.0% |
| Other operating charges | 640/8 | €2,442 | €1,023 | -€1,419 | -58.1% |
| Gross operating margin | 9900 | €48,497 | -€25,739 | -€74,236 | |
| Operating profit (loss) | 9901 | €44,564 | -€26,985 | -€71,549 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,260 | €1,004 | -€256 | -20.3% |
| Recurring financial charges | 65 | €1,260 | €1,004 | -€256 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €43,304 | -€27,980 | -€71,284 | |
| Income taxes | 67/77 | €9,357 | €132 | -€9,225 | -98.6% |
| Profit (loss) for the period | 9904 | €33,947 | -€28,112 | -€62,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,947 | -€28,112 | -€62,059 |
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 13 October 2026 via checked.be.