MERA PEACK: 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.
MERA PEACK
Largest movements
- Financial fixed assets +€28,336
up €28,336 (+1.5%), from €1.9m to €1.9m
- Profit (loss) carried forward +€32,376
up €32,376 (+1.2%), from €2.7m to €2.7m
- Gross operating margin +€60,999
up €60,999, from -€53,768 to €7,231
- Financial income +€1,386
up €1,386 (+5.1%), from €26,950 to €28,336
- Taxes +€1,086
new in 2025: €1,086
- Other operating charges +€555
up €555 (+49.7%), from €1,116 to €1,670
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 | €2,738,919 | €2,772,381 | +€33,462 | +1.2% |
| Fixed assets | 21/28 | €1,889,053 | €1,917,389 | +€28,336 | +1.5% |
| Financial fixed assets | 28 | €1,889,053 | €1,917,389 | +€28,336 | +1.5% |
| Current assets | 29/58 | €849,866 | €854,992 | +€5,127 | +0.6% |
| Amounts receivable within one year | 40/41 | €847,738 | €854,638 | +€6,900 | +0.8% |
| Trade receivables | 40 | - | €7,500 | +€7,500 | |
| Other amounts receivable | 41 | €847,738 | €847,138 | -€600 | -0.1% |
| Cash at bank and in hand | 54/58 | €2,128 | €354 | -€1,773 | -83.3% |
| Total equity and liabilities | 10/49 | €2,738,919 | €2,772,381 | +€33,462 | +1.2% |
| Equity | 10/15 | €2,688,193 | €2,720,569 | +€32,376 | +1.2% |
| Contributions | 10/11 | €9,296 | €9,296 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,677,038 | €2,709,414 | +€32,376 | +1.2% |
| Amounts payable | 17/49 | €50,726 | €51,812 | +€1,086 | +2.1% |
| Amounts payable within one year | 42/48 | €50,726 | €51,812 | +€1,086 | +2.1% |
| Trade debts | 44 | €50,726 | €50,726 | = | 0.0% |
| Suppliers | 440/4 | €50,726 | €50,726 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,086 | +€1,086 | |
| Taxes | 450/3 | - | €1,086 | +€1,086 | |
| Other operating charges | 640/8 | €1,116 | €1,670 | +€555 | +49.7% |
| Gross operating margin | 9900 | -€53,768 | €7,231 | +€60,999 | |
| Operating profit (loss) | 9901 | -€54,884 | €5,560 | +€60,444 | |
| Financial income | 75/76B | €26,950 | €28,336 | +€1,386 | +5.1% |
| Recurring financial income | 75 | €26,950 | €28,336 | +€1,386 | +5.1% |
| Financial charges | 65/66B | €439 | €434 | -€6 | -1.3% |
| Recurring financial charges | 65 | €439 | €434 | -€6 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,374 | €33,462 | +€61,836 | |
| Income taxes | 67/77 | - | €1,086 | +€1,086 | |
| Profit (loss) for the period | 9904 | -€28,374 | €32,376 | +€60,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,374 | €32,376 | +€60,750 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.