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Meo Holding: 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

Meo Holding

BE 0804.272.827
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€71,441
2024 · -€41,232+€112,673
Equity
€35,208
2024 · -€36,232+€71,441
Cash
€4,906
2024 · €5,357-€451
Balance sheet total
€1.1m
2024 · €1.1m-€451

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Debts after one year -€54,197

      down €54,197 (-10.0%), from €541,646 to €487,448

    • Profit (loss) carried forward +€41,232

      no longer reported in 2025 (was -€41,232)

    • Other debts -€31,461

      down €31,461 (-6.3%), from €498,150 to €466,689

    • Reserves +€30,208

      new in 2025: €30,208

    Income statement
    • Gross operating margin +€103,744

      up €103,744, from -€5,607 to €98,138

    • Other operating charges -€10,870

      down €10,870 (-95.4%), from €11,390 to €520

    • Taxes +€10,069

      new in 2025: €10,069

    • Financial charges -€8,129

      down €8,129 (-33.5%), from €24,237 to €16,108

    From the 2024 result to the 2025 result

    effect on the 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 2024 -€41,232
    Gross operating margin +€103,744
    Other operating charges +€10,870
    Financial income -€1
    Financial charges +€8,129
    Taxes -€10,069
    Result 2025 €71,441
    raises the resultlowers the result

    Derived cash bridge

    cash 2024 to 2025

    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.

    From operations +€51,192
    Investment €0
    Financing -€51,644
    Cash 2024 €5,357
    Net result for the year +€71,441
    Trade debts +€1,121
    Tax, wage and social debts +€10,092
    Other debts -€31,461
    Debts after one year -€54,197
    Current portion of long-term debt +€2,554
    Cash 2025 €4,906
    brings cash intakes cash out
    Every line side by side 32 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €1,055,357 €1,054,906 -€451 0.0%
    Fixed assets 21/28 €1,050,000 €1,050,000 = 0.0%
    Financial fixed assets 28 €1,050,000 €1,050,000 = 0.0%
    Current assets 29/58 €5,357 €4,906 -€451 -8.4%
    Cash at bank and in hand 54/58 €5,357 €4,906 -€451 -8.4%
    Total equity and liabilities 10/49 €1,055,357 €1,054,906 -€451 0.0%
    Equity 10/15 -€36,232 €35,208 +€71,441
    Contributions 10/11 €5,000 €5,000 = 0.0%
    Reserves 13 - €30,208 +€30,208
    Distributable reserves 133 - €30,208 +€30,208
    Profit (loss) carried forward 14 -€41,232 - +€41,232
    Amounts payable 17/49 €1,091,590 €1,019,698 -€71,892 -6.6%
    Amounts payable after more than one year 17 €541,646 €487,448 -€54,197 -10.0%
    Financial debts 170/4 €541,646 €487,448 -€54,197 -10.0%
    Amounts payable within one year 42/48 €549,944 €532,249 -€17,694 -3.2%
    Current portion of amounts payable after more than one year 42 €51,644 €54,197 +€2,554 +4.9%
    Trade debts 44 €150 €1,271 +€1,121 +747%
    Suppliers 440/4 €150 €1,271 +€1,121 +747%
    Taxes, remuneration and social security 45 - €10,092 +€10,092
    Taxes 450/3 - €10,092 +€10,092
    Other amounts payable 47/48 €498,150 €466,689 -€31,461 -6.3%
    Other operating charges 640/8 €11,390 €520 -€10,870 -95.4%
    Gross operating margin 9900 -€5,607 €98,138 +€103,744
    Operating profit (loss) 9901 -€16,996 €97,618 +€114,614
    Financial income 75/76B €1 - -€1
    Recurring financial income 75 €1 - -€1
    Financial charges 65/66B €24,237 €16,108 -€8,129 -33.5%
    Recurring financial charges 65 €24,237 €16,108 -€8,129 -33.5%
    Profit (loss) for the period before taxes 9903 -€41,232 €81,510 +€122,742
    Income taxes 67/77 - €10,069 +€10,069
    Profit (loss) for the period 9904 -€41,232 €71,441 +€112,673
    Profit (loss) for the period to be appropriated 9905 -€41,232 €71,441 +€112,673

    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 30 October 2026 via checked.be.