MEIREN GROUP: 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.
MEIREN GROUP
Largest movements
- Receivables within one year -€209,241
down €209,241 (-15.4%), from €1.4m to €1.2m
of which Other amounts receivable: -€208,041
- Deferred charges and accrued income +€115,268
up €115,268 (+4,217%), from €2,733 to €118,002
- Other debts -€135,300
down €135,300 (-19.1%), from €708,269 to €572,969
- Profit (loss) carried forward +€17,568
up €17,568 (+15.0%), from €116,914 to €134,482
- Financial income +€45,669
up €45,669 (+5,341%), from €855 to €46,524
- Other operating charges +€9,671
up €9,671 (+573%), from €1,688 to €11,359
- Gross operating margin +€9,347
up €9,347 (+11,810%), from €79 to €9,426
- Depreciation +€3,012
up €3,012 (+135%), from €2,238 to €5,250
- Taxes +€873
up €873 (+13,660%), from €6 to €879
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 | €1,535,098 | €1,426,257 | -€108,841 | -7.1% |
| Fixed assets | 21/28 | €161,698 | €147,173 | -€14,525 | -9.0% |
| Tangible fixed assets | 22/27 | €24,012 | €18,762 | -€5,250 | -21.9% |
| Furniture and vehicles | 24 | €24,012 | €18,762 | -€5,250 | -21.9% |
| Financial fixed assets | 28 | €137,685 | €128,410 | -€9,275 | -6.7% |
| Current assets | 29/58 | €1,373,400 | €1,279,084 | -€94,316 | -6.9% |
| Amounts receivable within one year | 40/41 | €1,359,453 | €1,150,212 | -€209,241 | -15.4% |
| Trade receivables | 40 | €1,200 | - | -€1,200 | |
| Other amounts receivable | 41 | €1,358,253 | €1,150,212 | -€208,041 | -15.3% |
| Current investments | 50/53 | €5,015 | €10,015 | +€5,000 | +99.7% |
| Cash at bank and in hand | 54/58 | €6,199 | €855 | -€5,344 | -86.2% |
| Deferred charges and accrued income | 490/1 | €2,733 | €118,002 | +€115,268 | +4,217% |
| Total equity and liabilities | 10/49 | €1,535,098 | €1,426,257 | -€108,841 | -7.1% |
| Equity | 10/15 | €826,829 | €844,397 | +€17,568 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €691,315 | €691,315 | = | 0.0% |
| Distributable reserves | 133 | €691,315 | €691,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,914 | €134,482 | +€17,568 | +15.0% |
| Amounts payable | 17/49 | €708,269 | €581,860 | -€126,410 | -17.8% |
| Amounts payable within one year | 42/48 | €708,269 | €581,860 | -€126,410 | -17.8% |
| Trade debts | 44 | - | €6,803 | +€6,803 | |
| Suppliers | 440/4 | - | €6,803 | +€6,803 | |
| Taxes, remuneration and social security | 45 | - | €2,087 | +€2,087 | |
| Taxes | 450/3 | - | €2,087 | +€2,087 | |
| Other amounts payable | 47/48 | €708,269 | €572,969 | -€135,300 | -19.1% |
| Non-recurring operating income | 76A | - | €1,544 | +€1,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,238 | €5,250 | +€3,012 | +135% |
| Other operating charges | 640/8 | €1,688 | €11,359 | +€9,671 | +573% |
| Non-recurring operating charges | 66A | - | €20,781 | +€20,781 | |
| Gross operating margin | 9900 | €79 | €9,426 | +€9,347 | +11,810% |
| Operating profit (loss) | 9901 | -€3,846 | -€27,965 | -€24,118 | -627% |
| Financial income | 75/76B | €855 | €46,524 | +€45,669 | +5,341% |
| Recurring financial income | 75 | €855 | €46,524 | +€45,669 | +5,341% |
| Financial charges | 65/66B | €314 | €112 | -€203 | -64.5% |
| Recurring financial charges | 65 | €314 | €112 | -€203 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,306 | €18,448 | +€21,753 | |
| Income taxes | 67/77 | €6 | €879 | +€873 | +13,660% |
| Profit (loss) for the period | 9904 | -€3,312 | €17,568 | +€20,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,312 | €17,568 | +€20,881 |
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 22 October 2026 via checked.be.