MEIR BOUW: what changed
MEIR BOUW
Largest movements
- Receivables within one year +€54,527
up €54,527 (+231%), from €23,593 to €78,120
of which Trade receivables: +€66,105
- Cash +€27,022
up €27,022, from €0 to €27,022
mainly Net result for the year (+€46,846) and Tax, wage and social debts (+€33,312)
- Tangible fixed assets +€4,003
up €4,003 (+9.0%), from €44,680 to €48,683
of which Furniture and vehicles: +€11,295
- Profit (loss) carried forward +€46,846
up €46,846 (+77.3%), from -€60,582 to -€13,736
- Tax, wage and social debts +€33,312
up €33,312 (+652%), from €5,111 to €38,423
of which Remuneration and social security: +€17,175
- Other debts +€20,155
up €20,155 (+64.2%), from €31,383 to €51,538
- Trade debts -€14,761
down €14,761 (-22.7%), from €64,925 to €50,164
- Gross operating margin +€183,097
up €183,097, from -€2,046 to €181,051
- Staff costs +€122,918
new in 2025: €122,918
- Depreciation +€8,891
up €8,891 (+2,781%), from €320 to €9,211
- Financial charges +€2,418
up €2,418, from €0 to €2,418
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,273 | €153,825 | +€85,552 | +125% |
| Fixed assets | 21/28 | €44,680 | €48,683 | +€4,003 | +9.0% |
| Tangible fixed assets | 22/27 | €44,680 | €48,683 | +€4,003 | +9.0% |
| Plant, machinery and equipment | 23 | €44,680 | €37,389 | -€7,292 | -16.3% |
| Furniture and vehicles | 24 | - | €11,295 | +€11,295 | |
| Current assets | 29/58 | €23,593 | €105,142 | +€81,549 | +346% |
| Amounts receivable within one year | 40/41 | €23,593 | €78,120 | +€54,527 | +231% |
| Trade receivables | 40 | €12,015 | €78,120 | +€66,105 | +550% |
| Other amounts receivable | 41 | €11,578 | - | -€11,578 | |
| Cash at bank and in hand | 54/58 | €0 | €27,022 | +€27,022 | |
| Total equity and liabilities | 10/49 | €68,273 | €153,825 | +€85,552 | +125% |
| Equity | 10/15 | -€33,146 | €13,700 | +€46,846 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,236 | €21,236 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,376 | €19,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,582 | -€13,736 | +€46,846 | +77.3% |
| Amounts payable | 17/49 | €101,419 | €140,125 | +€38,706 | +38.2% |
| Amounts payable within one year | 42/48 | €101,419 | €140,125 | +€38,706 | +38.2% |
| Trade debts | 44 | €64,925 | €50,164 | -€14,761 | -22.7% |
| Suppliers | 440/4 | €64,925 | €50,164 | -€14,761 | -22.7% |
| Taxes, remuneration and social security | 45 | €5,111 | €38,423 | +€33,312 | +652% |
| Taxes | 450/3 | €711 | €16,848 | +€16,137 | +2,270% |
| Remuneration and social security | 454/9 | €4,400 | €21,575 | +€17,175 | +390% |
| Other amounts payable | 47/48 | €31,383 | €51,538 | +€20,155 | +64.2% |
| Remuneration, social security and pensions | 62 | - | €122,918 | +€122,918 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €9,211 | +€8,891 | +2,781% |
| Other operating charges | 640/8 | €0 | €731 | +€731 | |
| Gross operating margin | 9900 | -€2,046 | €181,051 | +€183,097 | |
| Operating profit (loss) | 9901 | -€2,365 | €48,192 | +€50,558 | |
| Financial income | 75/76B | €186 | €1,072 | +€886 | +475% |
| Recurring financial income | 75 | €186 | €1,072 | +€886 | +475% |
| Financial charges | 65/66B | €0 | €2,418 | +€2,418 | |
| Recurring financial charges | 65 | €0 | €2,418 | +€2,418 | |
| Profit (loss) for the period before taxes | 9903 | -€2,179 | €46,846 | +€49,025 | |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€2,179 | €46,846 | +€49,025 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,179 | €46,846 | +€49,025 |
Next steps
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 8 November 2026 via checked.be.