MEIRSCHAERT IMMO: 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.
MEIRSCHAERT IMMO
Largest movements
- Cash -€18,706
down €18,706 (-23.0%), from €81,295 to €62,589
mainly Contributions, distributions and other (-€54,000) and Accrued charges and deferred income (-€9,725)
- Receivables within one year +€6,500
new in 2025: €6,500
- Accrued charges and deferred income -€9,725
down €9,725 (-72.2%), from €13,467 to €3,742
- Gross operating margin -€3,495
down €3,495 (-4.6%), from €76,069 to €72,574
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 | €146,135 | €133,929 | -€12,206 | -8.4% |
| Fixed assets | 21/28 | €64,840 | €64,840 | = | 0.0% |
| Tangible fixed assets | 22/27 | €64,840 | €64,840 | = | 0.0% |
| Land and buildings | 22 | €64,840 | €64,840 | = | 0.0% |
| Current assets | 29/58 | €81,295 | €69,089 | -€12,206 | -15.0% |
| Amounts receivable within one year | 40/41 | - | €6,500 | +€6,500 | |
| Other amounts receivable | 41 | - | €6,500 | +€6,500 | |
| Cash at bank and in hand | 54/58 | €81,295 | €62,589 | -€18,706 | -23.0% |
| Total equity and liabilities | 10/49 | €146,135 | €133,929 | -€12,206 | -8.4% |
| Equity | 10/15 | €69,247 | €68,754 | -€493 | -0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,754 | +€554 | +8.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €554 | +€554 | |
| Profit (loss) carried forward | 14 | €1,047 | €0 | -€1,047 | -100% |
| Amounts payable | 17/49 | €76,888 | €65,175 | -€11,713 | -15.2% |
| Amounts payable within one year | 42/48 | €63,421 | €61,433 | -€1,988 | -3.1% |
| Trade debts | 44 | €2,541 | €2,541 | = | 0.0% |
| Suppliers | 440/4 | €2,541 | €2,541 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €880 | €0 | -€880 | -100% |
| Taxes | 450/3 | €880 | €0 | -€880 | -100% |
| Other amounts payable | 47/48 | €60,000 | €58,892 | -€1,108 | -1.8% |
| Accrued charges and deferred income | 492/3 | €13,467 | €3,742 | -€9,725 | -72.2% |
| Other operating charges | 640/8 | €526 | €538 | +€12 | +2.4% |
| Gross operating margin | 9900 | €76,069 | €72,574 | -€3,495 | -4.6% |
| Operating profit (loss) | 9901 | €75,542 | €72,035 | -€3,507 | -4.6% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €75,514 | €72,005 | -€3,509 | -4.6% |
| Income taxes | 67/77 | €18,875 | €18,498 | -€377 | -2.0% |
| Profit (loss) for the period | 9904 | €56,639 | €53,507 | -€3,132 | -5.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €56,639 | €53,507 | -€3,132 | -5.5% |
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 17 October 2026 via checked.be.