MEIR BUILDING: 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.
MEIR BUILDING
Largest movements
- Tangible fixed assets -€120,379
down €120,379 (-9.1%), from €1.3m to €1.2m
- Current portion of long-term debt -€199,618
no longer reported in 2025 (was €199,618)
- Profit (loss) carried forward +€118,770
up €118,770 (+50.7%), from -€234,482 to -€115,712
- Other debts -€44,913
down €44,913 (-4.1%), from €1.1m to €1.0m
- Other operating charges -€149,536
down €149,536 (-90.7%), from €164,791 to €15,255
- Financial charges -€15,651
down €15,651 (-25.3%), from €61,939 to €46,289
- Gross operating margin +€8,607
up €8,607 (+3.0%), from €291,670 to €300,278
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 | €1,340,354 | €1,214,554 | -€125,800 | -9.4% |
| Fixed assets | 21/28 | €1,329,276 | €1,206,053 | -€123,224 | -9.3% |
| Tangible fixed assets | 22/27 | €1,326,432 | €1,206,053 | -€120,379 | -9.1% |
| Leasing and similar rights | 25 | €1,326,432 | €1,206,053 | -€120,379 | -9.1% |
| Financial fixed assets | 28 | €2,845 | - | -€2,845 | |
| Current assets | 29/58 | €11,077 | €8,501 | -€2,576 | -23.3% |
| Amounts receivable after more than one year | 29 | - | €1,902 | +€1,902 | |
| Trade receivables | 290 | - | €1,902 | +€1,902 | |
| Cash at bank and in hand | 54/58 | €11,077 | €6,599 | -€4,478 | -40.4% |
| Total equity and liabilities | 10/49 | €1,340,354 | €1,214,554 | -€125,800 | -9.4% |
| Equity | 10/15 | -€69,482 | €49,288 | +€118,770 | |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,482 | -€115,712 | +€118,770 | +50.7% |
| Amounts payable | 17/49 | €1,409,836 | €1,165,266 | -€244,569 | -17.3% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,291,989 | €1,047,470 | -€244,520 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €199,618 | - | -€199,618 | |
| Trade debts | 44 | - | €12 | +€12 | |
| Suppliers | 440/4 | - | €12 | +€12 | |
| Other amounts payable | 47/48 | €1,092,371 | €1,047,458 | -€44,913 | -4.1% |
| Accrued charges and deferred income | 492/3 | €42,847 | €42,797 | -€50 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,379 | €120,379 | = | 0.0% |
| Other operating charges | 640/8 | €164,791 | €15,255 | -€149,536 | -90.7% |
| Gross operating margin | 9900 | €291,670 | €300,278 | +€8,607 | +3.0% |
| Operating profit (loss) | 9901 | €6,500 | €164,644 | +€158,144 | +2,433% |
| Financial income | 75/76B | - | €415 | +€415 | |
| Recurring financial income | 75 | - | €415 | +€415 | |
| Financial charges | 65/66B | €61,939 | €46,289 | -€15,651 | -25.3% |
| Recurring financial charges | 65 | €61,939 | €46,289 | -€15,651 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€55,440 | €118,770 | +€174,210 | |
| Profit (loss) for the period | 9904 | -€55,440 | €118,770 | +€174,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,440 | €118,770 | +€174,210 |
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 25 October 2026 via checked.be.