MEIRBUILDING: 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.
MEIRBUILDING
Largest movements
- Receivables within one year +€35,546
up €35,546 (+8.0%), from €444,449 to €479,995
of which Other amounts receivable: +€23,112
- Stocks and contracts -€14,359
down €14,359 (-43.4%), from €33,082 to €18,723
- Cash +€8,952
up €8,952 (+10.8%), from €83,243 to €92,195
mainly Net result for the year (+€30,484) and Stocks and contracts (+€14,359)
- Reserves +€30,484
up €30,484 (+13.8%), from €221,329 to €251,812
of which Distributable reserves: +€30,484
- Short-term financial debts -€25,500
down €25,500 (-20.3%), from €125,500 to €100,000
- Trade debts +€13,892
up €13,892 (+41.2%), from €33,699 to €47,591
- Tax, wage and social debts +€9,180
up €9,180 (+13.4%), from €68,425 to €77,605
of which Taxes: +€8,839
- Staff costs +€60,580
up €60,580 (+12.5%), from €485,230 to €545,811
- Taxes +€11,427
new in 2025: €11,427
- Gross operating margin -€6,964
down €6,964 (-1.2%), from €587,711 to €580,747
- Depreciation -€5,983
down €5,983 (-55.8%), from €10,729 to €4,746
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 | €573,953 | €602,008 | +€28,055 | +4.9% |
| Fixed assets | 21/28 | €6,645 | €1,899 | -€4,746 | -71.4% |
| Tangible fixed assets | 22/27 | €6,645 | €1,899 | -€4,746 | -71.4% |
| Plant, machinery and equipment | 23 | €3,614 | €293 | -€3,322 | -91.9% |
| Furniture and vehicles | 24 | €3,031 | €1,607 | -€1,424 | -47.0% |
| Current assets | 29/58 | €567,308 | €600,109 | +€32,801 | +5.8% |
| Stocks and contracts in progress | 3 | €33,082 | €18,723 | -€14,359 | -43.4% |
| Stocks | 30/36 | €33,082 | €18,723 | -€14,359 | -43.4% |
| Amounts receivable within one year | 40/41 | €444,449 | €479,995 | +€35,546 | +8.0% |
| Trade receivables | 40 | €1,263 | €13,698 | +€12,435 | +984.6% |
| Other amounts receivable | 41 | €443,186 | €466,297 | +€23,112 | +5.2% |
| Cash at bank and in hand | 54/58 | €83,243 | €92,195 | +€8,952 | +10.8% |
| Deferred charges and accrued income | 490/1 | €6,535 | €9,196 | +€2,662 | +40.7% |
| Total equity and liabilities | 10/49 | €573,953 | €602,008 | +€28,055 | +4.9% |
| Equity | 10/15 | €346,329 | €376,812 | +€30,484 | +8.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €221,329 | €251,812 | +€30,484 | +13.8% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Legal reserve | 130 | €49,579 | €49,579 | = | 0.0% |
| Distributable reserves | 133 | €171,750 | €202,234 | +€30,484 | +17.7% |
| Amounts payable | 17/49 | €227,625 | €225,196 | -€2,429 | -1.1% |
| Amounts payable within one year | 42/48 | €227,625 | €225,196 | -€2,429 | -1.1% |
| Financial debts | 43 | €125,500 | €100,000 | -€25,500 | -20.3% |
| Other loans | 439 | €125,500 | €100,000 | -€25,500 | -20.3% |
| Trade debts | 44 | €33,699 | €47,591 | +€13,892 | +41.2% |
| Suppliers | 440/4 | €33,699 | €47,591 | +€13,892 | +41.2% |
| Taxes, remuneration and social security | 45 | €68,425 | €77,605 | +€9,180 | +13.4% |
| Taxes | 450/3 | €10,653 | €19,492 | +€8,839 | +83.0% |
| Remuneration and social security | 454/9 | €57,772 | €58,113 | +€341 | +0.6% |
| Remuneration, social security and pensions | 62 | €485,230 | €545,811 | +€60,580 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,729 | €4,746 | -€5,983 | -55.8% |
| Other operating charges | 640/8 | €1,099 | €3,699 | +€2,600 | +236.7% |
| Gross operating margin | 9900 | €587,711 | €580,747 | -€6,964 | -1.2% |
| Operating profit (loss) | 9901 | €90,654 | €26,491 | -€64,163 | -70.8% |
| Financial income | 75/76B | €26,059 | €23,266 | -€2,792 | -10.7% |
| Recurring financial income | 75 | €25,613 | €23,266 | -€2,346 | -9.2% |
| Non-recurring financial income | 76B | €446 | - | -€446 | |
| Financial charges | 65/66B | €7,873 | €7,847 | -€26 | -0.3% |
| Recurring financial charges | 65 | €7,873 | €7,847 | -€26 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €108,839 | €41,911 | -€66,928 | -61.5% |
| Income taxes | 67/77 | - | €11,427 | +€11,427 | |
| Profit (loss) for the period | 9904 | €108,839 | €30,484 | -€78,355 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €108,839 | €30,484 | -€78,355 | -72.0% |
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 11 October 2026 via checked.be.