Meningate: 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.
What changed
Meningate
NACE 55.201, Accommodation
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€441,409
2025 · €513,761-€72,351
Equity
€2.1m
2025 · €1.7m+€412,096
Cash
€330,856
2025 · €314,443+€16,413
Balance sheet total
€3.7m
2025 · €3.4m+€284,851
Largest movements
Assets
- Receivables within one year +€154,470
up €154,470 (+14.4%), from €1.1m to €1.2m
of which Trade receivables: +€96,346
- Tangible fixed assets +€104,347
up €104,347 (+5.2%), from €2.0m to €2.1m
of which Plant, machinery and equipment: +€182,288
Equity and liabilities
- Reserves +€441,409
up €441,409 (+43.6%), from €1.0m to €1.5m
- Debts after one year -€146,165
down €146,165 (-24.3%), from €602,426 to €456,260
- Trade debts +€40,350
up €40,350 (+36.7%), from €109,817 to €150,167
Income statement
- Taxes +€102,654
up €102,654 (+457%), from €22,460 to €125,114
- Gross operating margin +€77,762
up €77,762 (+8.9%), from €875,049 to €952,811
- Depreciation +€23,656
up €23,656 (+12.8%), from €184,262 to €207,917
- Staff costs +€22,218
up €22,218 (+11.4%), from €194,142 to €216,360
- Financial income -€10,600
down €10,600 (-12.6%), from €83,925 to €73,325
From the 2025 result to the 2026 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.
Result 2025
€513,761
Gross operating margin
+€77,762
Staff costs
-€22,218
Depreciation
-€23,656
Other operating charges
-€368
Financial income
-€10,600
Financial charges
+€9,653
Taxes
-€102,654
Deferred taxes and other
-€271
Result 2026
€441,409
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€525,361
Investment
-€312,264
Financing
-€196,685
Cash 2025
€314,443
From operations (derived)
+€525,361
Net result for the year
+€441,409
Depreciation
+€207,917
Stocks and contracts
-€1,313
Receivables within one year
-€154,470
Deferred charges and accrued income
-€8,308
Provisions
-€236
Trade debts
+€40,350
Tax, wage and social debts
+€9,355
Advances received
+€25,318
Other debts
-€34,661
Investment (derived)
-€312,264
Investment in fixed assets (net)
-€312,264
Financing
-€196,685
Debts after one year
-€146,165
Current portion of long-term debt
-€21,206
Contributions, distributions and other
-€29,313
Cash 2026
€330,856
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,413,580 | €3,698,430 | +€284,851 | +8.3% |
| Fixed assets | 21/28 | €2,008,945 | €2,113,292 | +€104,347 | +5.2% |
| Tangible fixed assets | 22/27 | €2,000,600 | €2,104,947 | +€104,347 | +5.2% |
| Land and buildings | 22 | €1,542,156 | €1,489,885 | -€52,271 | -3.4% |
| Plant, machinery and equipment | 23 | €355,202 | €537,489 | +€182,288 | +51.3% |
| Furniture and vehicles | 24 | €90,215 | €70,828 | -€19,387 | -21.5% |
| Other tangible fixed assets | 26 | €13,027 | €6,743 | -€6,283 | -48.2% |
| Financial fixed assets | 28 | €8,345 | €8,345 | = | 0.0% |
| Current assets | 29/58 | €1,404,635 | €1,585,139 | +€180,504 | +12.9% |
| Stocks and contracts in progress | 3 | €2,658 | €3,971 | +€1,313 | +49.4% |
| Stocks | 30/36 | €2,658 | €3,971 | +€1,313 | +49.4% |
| Amounts receivable within one year | 40/41 | €1,076,433 | €1,230,903 | +€154,470 | +14.4% |
| Trade receivables | 40 | €93,943 | €190,289 | +€96,346 | +103% |
| Other amounts receivable | 41 | €982,490 | €1,040,614 | +€58,124 | +5.9% |
| Cash at bank and in hand | 54/58 | €314,443 | €330,856 | +€16,413 | +5.2% |
| Deferred charges and accrued income | 490/1 | €11,101 | €19,409 | +€8,308 | +74.8% |
| Total equity and liabilities | 10/49 | €3,413,580 | €3,698,430 | +€284,851 | +8.3% |
| Equity | 10/15 | €1,696,283 | €2,108,378 | +€412,096 | +24.3% |
| Contributions | 10/11 | €458,504 | €458,504 | = | 0.0% |
| Reserves | 13 | €1,011,791 | €1,453,200 | +€441,409 | +43.6% |
| Distributable reserves | 133 | €1,011,791 | €1,453,200 | +€441,409 | +43.6% |
| Investment grants | 15 | €225,987 | €196,674 | -€29,313 | -13.0% |
| Provisions and deferred taxes | 16 | €236 | - | -€236 | |
| Deferred taxes | 168 | €236 | - | -€236 | |
| Amounts payable | 17/49 | €1,717,061 | €1,590,052 | -€127,009 | -7.4% |
| Amounts payable after more than one year | 17 | €602,426 | €456,260 | -€146,165 | -24.3% |
| Financial debts | 170/4 | €602,426 | €456,260 | -€146,165 | -24.3% |
| Amounts payable within one year | 42/48 | €1,114,636 | €1,133,792 | +€19,157 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €171,771 | €150,565 | -€21,206 | -12.3% |
| Trade debts | 44 | €109,817 | €150,167 | +€40,350 | +36.7% |
| Suppliers | 440/4 | €109,817 | €150,167 | +€40,350 | +36.7% |
| Advances received on contracts in progress | 46 | €51,550 | €76,869 | +€25,318 | +49.1% |
| Taxes, remuneration and social security | 45 | €22,045 | €31,400 | +€9,355 | +42.4% |
| Taxes | 450/3 | €7,460 | €15,233 | +€7,773 | +104% |
| Remuneration and social security | 454/9 | €14,586 | €16,168 | +€1,582 | +10.8% |
| Other amounts payable | 47/48 | €759,452 | €724,791 | -€34,661 | -4.6% |
| Remuneration, social security and pensions | 62 | €194,142 | €216,360 | +€22,218 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,262 | €207,917 | +€23,656 | +12.8% |
| Other operating charges | 640/8 | €12,758 | €13,126 | +€368 | +2.9% |
| Gross operating margin | 9900 | €875,049 | €952,811 | +€77,762 | +8.9% |
| Operating profit (loss) | 9901 | €483,888 | €515,408 | +€31,520 | +6.5% |
| Financial income | 75/76B | €83,925 | €73,325 | -€10,600 | -12.6% |
| Recurring financial income | 75 | €83,925 | €73,325 | -€10,600 | -12.6% |
| Financial charges | 65/66B | €32,099 | €22,446 | -€9,653 | -30.1% |
| Recurring financial charges | 65 | €32,099 | €22,446 | -€9,653 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €535,714 | €566,287 | +€30,573 | +5.7% |
| Transfer from deferred taxes | 780 | €506 | €236 | -€271 | -53.5% |
| Income taxes | 67/77 | €22,460 | €125,114 | +€102,654 | +457% |
| Profit (loss) for the period | 9904 | €513,761 | €441,409 | -€72,351 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €513,761 | €441,409 | -€72,351 | -14.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.