MEIR TECH: 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 TECH
Largest movements
- Receivables within one year +€391,436
up €391,436 (+1,937%), from €20,204 to €411,640
of which Trade receivables: +€341,016
- Cash +€62,890
up €62,890 (+136%), from €46,199 to €109,089
mainly Tax, wage and social debts (+€225,067) and Net result for the year (+€204,616)
- Tangible fixed assets +€42,627
up €42,627 (+13.9%), from €307,494 to €350,121
of which Plant, machinery and equipment: +€42,289
- Tax, wage and social debts +€225,067
up €225,067 (+855%), from €26,334 to €251,401
of which Taxes: +€122,416
- Reserves +€200,000
up €200,000 (+216%), from €92,583 to €292,583
- Other debts +€53,097
new in 2025: €53,097
- Trade debts +€29,823
up €29,823 (+1,562%), from €1,909 to €31,732
- Debts after one year -€17,747
down €17,747 (-7.9%), from €225,441 to €207,694
- Gross operating margin +€870,528
up €870,528 (+730%), from €119,215 to €989,743
- Staff costs +€629,537
up €629,537 (+109,105%), from €577 to €630,114
- Taxes +€84,199
up €84,199 (+327%), from €25,748 to €109,947
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 | €379,490 | €875,349 | +€495,860 | +131% |
| Fixed assets | 21/28 | €311,994 | €354,621 | +€42,627 | +13.7% |
| Tangible fixed assets | 22/27 | €307,494 | €350,121 | +€42,627 | +13.9% |
| Land and buildings | 22 | €296,380 | €287,313 | -€9,068 | -3.1% |
| Plant, machinery and equipment | 23 | €1,172 | €43,460 | +€42,289 | +3,610% |
| Furniture and vehicles | 24 | €9,942 | €19,348 | +€9,406 | +94.6% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €67,496 | €520,729 | +€453,233 | +671% |
| Amounts receivable within one year | 40/41 | €20,204 | €411,640 | +€391,436 | +1,937% |
| Trade receivables | 40 | €12,395 | €353,411 | +€341,016 | +2,751% |
| Other amounts receivable | 41 | €7,809 | €58,229 | +€50,421 | +646% |
| Cash at bank and in hand | 54/58 | €46,199 | €109,089 | +€62,890 | +136% |
| Deferred charges and accrued income | 490/1 | €1,093 | - | -€1,093 | |
| Total equity and liabilities | 10/49 | €379,490 | €875,349 | +€495,860 | +131% |
| Equity | 10/15 | €108,520 | €313,136 | +€204,616 | +189% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,583 | €292,583 | +€200,000 | +216% |
| Distributable reserves | 133 | €92,583 | €292,583 | +€200,000 | +216% |
| Profit (loss) carried forward | 14 | €9,737 | €14,353 | +€4,616 | +47.4% |
| Amounts payable | 17/49 | €270,969 | €562,213 | +€291,244 | +107% |
| Amounts payable after more than one year | 17 | €225,441 | €207,694 | -€17,747 | -7.9% |
| Financial debts | 170/4 | €225,441 | €207,694 | -€17,747 | -7.9% |
| Amounts payable within one year | 42/48 | €45,529 | €354,519 | +€308,991 | +679% |
| Current portion of amounts payable after more than one year | 42 | €17,285 | €17,830 | +€544 | +3.1% |
| Financial debts | 43 | - | €460 | +€460 | |
| Credit institutions | 430/8 | - | €460 | +€460 | |
| Trade debts | 44 | €1,909 | €31,732 | +€29,823 | +1,562% |
| Suppliers | 440/4 | €1,909 | €31,732 | +€29,823 | +1,562% |
| Taxes, remuneration and social security | 45 | €26,334 | €251,401 | +€225,067 | +855% |
| Taxes | 450/3 | €26,334 | €148,750 | +€122,416 | +465% |
| Remuneration and social security | 454/9 | - | €102,650 | +€102,650 | |
| Other amounts payable | 47/48 | - | €53,097 | +€53,097 | |
| Remuneration, social security and pensions | 62 | €577 | €630,114 | +€629,537 | +109,105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,903 | €21,908 | +€2,005 | +10.1% |
| Other operating charges | 640/8 | €5,060 | €4,020 | -€1,040 | -20.6% |
| Non-recurring operating charges | 66A | €9,042 | - | -€9,042 | |
| Gross operating margin | 9900 | €119,215 | €989,743 | +€870,528 | +730% |
| Operating profit (loss) | 9901 | €84,633 | €333,702 | +€249,069 | +294% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,348 | €19,139 | +€6,791 | +55.0% |
| Recurring financial charges | 65 | €12,348 | €19,139 | +€6,791 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €72,285 | €314,563 | +€242,278 | +335% |
| Income taxes | 67/77 | €25,748 | €109,947 | +€84,199 | +327% |
| Profit (loss) for the period | 9904 | €46,537 | €204,616 | +€158,079 | +340% |
| Profit (loss) for the period to be appropriated | 9905 | €46,537 | €204,616 | +€158,079 | +340% |
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 29 October 2026 via checked.be.