Meirlaen: 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.
Meirlaen
Largest movements
- Financial fixed assets -€71,029
down €71,029 (-37.7%), from €188,337 to €117,308
- Tangible fixed assets -€32,439
down €32,439 (-9.1%), from €354,647 to €322,207
of which Land and buildings: -€35,040
- Cash -€17,230
down €17,230 (-31.3%), from €54,984 to €37,754
mainly Net result for the year (-€113,201) and Contributions, distributions and other (-€40,025)
- Profit (loss) carried forward -€113,201
down €113,201 (-17.3%), from €655,211 to €542,011
- Reserves -€40,025
down €40,025 (-40.5%), from €98,720 to €58,695
- Other debts +€22,229
new in 2025: €22,229
- Debts after one year +€17,561
up €17,561, from €0 to €17,561
- Financial charges +€48,428
up €48,428 (+202.4%), from €23,923 to €72,351
of which Non-recurring financial charges: +€71,029
- Gross operating margin +€40,064
up €40,064, from -€25,180 to €14,884
- Financial income -€6,502
down €6,502 (-40.3%), from €16,147 to €9,645
of which Financial income: -€6,502
- Other operating charges -€2,867
down €2,867 (-43.8%), from €6,545 to €3,678
- Depreciation -€674
down €674 (-1.1%), from €59,367 to €58,693
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 | €775,325 | €658,772 | -€116,554 | -15.0% |
| Fixed assets | 21/28 | €542,983 | €439,515 | -€103,468 | -19.1% |
| Tangible fixed assets | 22/27 | €354,647 | €322,207 | -€32,439 | -9.1% |
| Land and buildings | 22 | €273,824 | €238,784 | -€35,040 | -12.8% |
| Plant, machinery and equipment | 23 | €57,996 | €51,973 | -€6,023 | -10.4% |
| Furniture and vehicles | 24 | €22,243 | €31,143 | +€8,899 | +40.0% |
| Other tangible fixed assets | 26 | €583 | €308 | -€275 | -47.2% |
| Financial fixed assets | 28 | €188,337 | €117,308 | -€71,029 | -37.7% |
| Current assets | 29/58 | €232,342 | €219,256 | -€13,086 | -5.6% |
| Amounts receivable within one year | 40/41 | €10,036 | €9,755 | -€281 | -2.8% |
| Trade receivables | 40 | €2,556 | €1,033 | -€1,523 | -59.6% |
| Other amounts receivable | 41 | €7,480 | €8,722 | +€1,242 | +16.6% |
| Current investments | 50/53 | €165,272 | €165,272 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,984 | €37,754 | -€17,230 | -31.3% |
| Deferred charges and accrued income | 490/1 | €2,051 | €6,476 | +€4,425 | +215.8% |
| Total equity and liabilities | 10/49 | €775,325 | €658,772 | -€116,554 | -15.0% |
| Equity | 10/15 | €760,131 | €606,905 | -€153,226 | -20.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,720 | €58,695 | -€40,025 | -40.5% |
| Distributable reserves | 133 | €98,720 | €58,695 | -€40,025 | -40.5% |
| Profit (loss) carried forward | 14 | €655,211 | €542,011 | -€113,201 | -17.3% |
| Amounts payable | 17/49 | €15,194 | €51,866 | +€36,672 | +241.4% |
| Amounts payable after more than one year | 17 | €0 | €17,561 | +€17,561 | |
| Financial debts | 170/4 | €0 | €17,561 | +€17,561 | |
| Amounts payable within one year | 42/48 | €14,819 | €33,601 | +€18,781 | +126.7% |
| Current portion of amounts payable after more than one year | 42 | €5,661 | €4,749 | -€913 | -16.1% |
| Trade debts | 44 | €6,905 | €5,937 | -€968 | -14.0% |
| Suppliers | 440/4 | €6,905 | €5,937 | -€968 | -14.0% |
| Advances received on contracts in progress | 46 | €2,199 | €487 | -€1,712 | -77.9% |
| Taxes, remuneration and social security | 45 | €55 | €199 | +€145 | +264.9% |
| Taxes | 450/3 | €55 | €199 | +€145 | +264.9% |
| Other amounts payable | 47/48 | - | €22,229 | +€22,229 | |
| Accrued charges and deferred income | 492/3 | €375 | €705 | +€330 | +87.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,367 | €58,693 | -€674 | -1.1% |
| Other operating charges | 640/8 | €6,545 | €3,678 | -€2,867 | -43.8% |
| Non-recurring operating charges | 66A | - | €2,684 | +€2,684 | |
| Gross operating margin | 9900 | -€25,180 | €14,884 | +€40,064 | |
| Operating profit (loss) | 9901 | -€91,092 | -€50,170 | +€40,921 | +44.9% |
| Financial income | 75/76B | €16,147 | €9,645 | -€6,502 | -40.3% |
| Recurring financial income | 75 | €16,147 | €9,645 | -€6,502 | -40.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €23,923 | €72,351 | +€48,428 | +202.4% |
| Recurring financial charges | 65 | €23,923 | €1,323 | -€22,600 | -94.5% |
| Non-recurring financial charges | 66B | - | €71,029 | +€71,029 | |
| Profit (loss) for the period before taxes | 9903 | -€98,867 | -€112,876 | -€14,009 | -14.2% |
| Income taxes | 67/77 | €314 | €324 | +€11 | +3.4% |
| Profit (loss) for the period | 9904 | -€99,180 | -€113,201 | -€14,020 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,180 | -€113,201 | -€14,020 | -14.1% |
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 9 October 2026 via checked.be.