MERABI: what changed
Two fiscal 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.
MERABI
Largest movements
- Stocks and contracts +€16,050
up €16,050 (+50.0%), from €32,107 to €48,157
- Tangible fixed assets -€857
down €857 (-21.8%), from €3,929 to €3,072
- Trade debts +€21,703
up €21,703 (+852.3%), from €2,546 to €24,250
- Profit (loss) carried forward -€8,042
down €8,042 (-37.2%), from -€21,606 to -€29,649
- Other debts +€980
up €980 (+2.4%), from €40,855 to €41,835
- Purchases and services +€95,553
new in 2024: €95,553
- Turnover +€95,407
new in 2024: €95,407
- Taxes +€7,000
new in 2024: €7,000
- Gross operating margin +€6,480
up €6,480, from -€4,626 to €1,854
- Other operating charges +€1,660
up €1,660 (+547.8%), from €303 to €1,963
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,135 | €53,195 | +€15,061 | +39.5% |
| Fixed assets | 21/28 | €3,929 | €3,072 | -€857 | -21.8% |
| Tangible fixed assets | 22/27 | €3,929 | €3,072 | -€857 | -21.8% |
| Other tangible fixed assets | 26 | €3,929 | €3,072 | -€857 | -21.8% |
| Current assets | 29/58 | €34,206 | €50,124 | +€15,918 | +46.5% |
| Stocks and contracts in progress | 3 | €32,107 | €48,157 | +€16,050 | +50.0% |
| Stocks | 30/36 | €32,107 | €48,157 | +€16,050 | +50.0% |
| Cash at bank and in hand | 54/58 | €2,098 | €1,966 | -€132 | -6.3% |
| Total equity and liabilities | 10/49 | €38,135 | €53,195 | +€15,061 | +39.5% |
| Equity | 10/15 | -€6,113 | -€14,155 | -€8,042 | -131.6% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 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 | -€21,606 | -€29,649 | -€8,042 | -37.2% |
| Amounts payable | 17/49 | €44,248 | €67,351 | +€23,103 | +52.2% |
| Amounts payable within one year | 42/48 | €44,248 | €67,351 | +€23,103 | +52.2% |
| Trade debts | 44 | €2,546 | €24,250 | +€21,703 | +852.3% |
| Suppliers | 440/4 | €2,546 | €24,250 | +€21,703 | +852.3% |
| Taxes, remuneration and social security | 45 | €846 | €1,266 | +€420 | +49.7% |
| Taxes | 450/3 | €846 | €1,266 | +€420 | +49.7% |
| Other amounts payable | 47/48 | €40,855 | €41,835 | +€980 | +2.4% |
| Turnover | 70 | - | €95,407 | +€95,407 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €95,553 | +€95,553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €857 | +€500 | +140.0% |
| Other operating charges | 640/8 | €303 | €1,963 | +€1,660 | +547.8% |
| Gross operating margin | 9900 | -€4,626 | €1,854 | +€6,480 | |
| Operating profit (loss) | 9901 | -€5,286 | -€966 | +€4,320 | +81.7% |
| Financial charges | 65/66B | €41 | €76 | +€35 | +86.2% |
| Recurring financial charges | 65 | €41 | €76 | +€35 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,327 | -€1,042 | +€4,285 | +80.4% |
| Income taxes | 67/77 | - | €7,000 | +€7,000 | |
| Profit (loss) for the period | 9904 | -€5,327 | -€8,042 | -€2,715 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,327 | -€8,042 | -€2,715 | -51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.