Meraas: 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.
Meraas
Largest movements
- Cash -€14,278
down €14,278 (-46.7%), from €30,602 to €16,323
mainly Contributions, distributions and other (-€25,000) and Tax, wage and social debts (-€9,285)
- Deferred charges and accrued income +€3,851
up €3,851 (+27.0%), from €14,284 to €18,135
- Receivables within one year +€1,941
up €1,941 (+139%), from €1,395 to €3,336
of which Other amounts receivable: +€1,652
- Reserves -€12,546
down €12,546 (-47.0%), from €26,694 to €14,148
- Other debts +€11,822
up €11,822 (+85.0%), from €13,905 to €25,727
- Tax, wage and social debts -€9,285
down €9,285 (-79.3%), from €11,708 to €2,422
of which Taxes: -€9,201
- Trade debts +€1,356
up €1,356 (+35.5%), from €3,819 to €5,175
- Gross operating margin -€8,780
down €8,780 (-29.2%), from €30,116 to €21,335
- Taxes -€1,011
down €1,011 (-19.7%), from €5,126 to €4,115
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 | €62,243 | €53,596 | -€8,647 | -13.9% |
| Fixed assets | 21/28 | €15,962 | €15,802 | -€160 | -1.0% |
| Tangible fixed assets | 22/27 | €15,962 | €15,802 | -€160 | -1.0% |
| Furniture and vehicles | 24 | €14,467 | €11,540 | -€2,927 | -20.2% |
| Other tangible fixed assets | 26 | €1,495 | €4,261 | +€2,766 | +185% |
| Current assets | 29/58 | €46,281 | €37,795 | -€8,486 | -18.3% |
| Amounts receivable within one year | 40/41 | €1,395 | €3,336 | +€1,941 | +139% |
| Trade receivables | 40 | €61 | €350 | +€289 | +474% |
| Other amounts receivable | 41 | €1,334 | €2,987 | +€1,652 | +124% |
| Cash at bank and in hand | 54/58 | €30,602 | €16,323 | -€14,278 | -46.7% |
| Deferred charges and accrued income | 490/1 | €14,284 | €18,135 | +€3,851 | +27.0% |
| Total equity and liabilities | 10/49 | €62,243 | €53,596 | -€8,647 | -13.9% |
| Equity | 10/15 | €31,694 | €19,148 | -€12,546 | -39.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,694 | €14,148 | -€12,546 | -47.0% |
| Distributable reserves | 133 | €26,694 | €14,148 | -€12,546 | -47.0% |
| Amounts payable | 17/49 | €30,549 | €34,449 | +€3,899 | +12.8% |
| Amounts payable within one year | 42/48 | €29,432 | €33,324 | +€3,893 | +13.2% |
| Trade debts | 44 | €3,819 | €5,175 | +€1,356 | +35.5% |
| Suppliers | 440/4 | €3,819 | €5,175 | +€1,356 | +35.5% |
| Taxes, remuneration and social security | 45 | €11,708 | €2,422 | -€9,285 | -79.3% |
| Taxes | 450/3 | €9,202 | €1 | -€9,201 | -100.0% |
| Remuneration and social security | 454/9 | €2,506 | €2,421 | -€85 | -3.4% |
| Other amounts payable | 47/48 | €13,905 | €25,727 | +€11,822 | +85.0% |
| Accrued charges and deferred income | 492/3 | €1,118 | €1,124 | +€7 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,018 | €3,051 | +€33 | +1.1% |
| Other operating charges | 640/8 | €957 | €689 | -€268 | -28.0% |
| Gross operating margin | 9900 | €30,116 | €21,335 | -€8,780 | -29.2% |
| Operating profit (loss) | 9901 | €26,141 | €17,595 | -€8,545 | -32.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €879 | €1,026 | +€147 | +16.8% |
| Recurring financial charges | 65 | €879 | €1,026 | +€147 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €25,263 | €16,569 | -€8,694 | -34.4% |
| Income taxes | 67/77 | €5,126 | €4,115 | -€1,011 | -19.7% |
| Profit (loss) for the period | 9904 | €20,137 | €12,454 | -€7,683 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,137 | €12,454 | -€7,683 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.