MERALUNE: 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.
MERALUNE
Largest movements
- Cash -€6,991
down €6,991 (-28.4%), from €24,580 to €17,589
mainly Net result for the year (-€26,816) and Stocks and contracts (-€6,040)
- Stocks and contracts +€6,040
new in 2025: €6,040
- Tangible fixed assets -€3,099
down €3,099 (-14.3%), from €21,639 to €18,540
- Deferred charges and accrued income +€2,103
up €2,103 (+80.9%), from €2,599 to €4,702
- Receivables within one year +€1,845
up €1,845 (+180.4%), from €1,023 to €2,868
- Profit (loss) carried forward -€26,816
down €26,816, from €4,174 to -€22,641
- Other debts +€22,195
up €22,195 (+93139.0%), from €24 to €22,219
- Trade debts +€5,567
up €5,567 (+4418.3%), from €126 to €5,693
- Gross operating margin -€40,454
down €40,454, from €20,211 to -€20,243
- Depreciation +€1,363
up €1,363 (+28.4%), from €4,806 to €6,169
- Other operating charges -€639
down €639 (-63.8%), from €1,002 to €363
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.
Cash bridge derived
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 | €54,358 | €55,270 | +€912 | +1.7% |
| Fixed assets | 21/28 | €26,156 | €24,072 | -€2,085 | -8.0% |
| Intangible fixed assets | 21 | €4,518 | €5,532 | +€1,014 | +22.5% |
| Tangible fixed assets | 22/27 | €21,639 | €18,540 | -€3,099 | -14.3% |
| Furniture and vehicles | 24 | €21,639 | €18,540 | -€3,099 | -14.3% |
| Current assets | 29/58 | €28,202 | €31,199 | +€2,997 | +10.6% |
| Stocks and contracts in progress | 3 | - | €6,040 | +€6,040 | |
| Stocks | 30/36 | - | €6,040 | +€6,040 | |
| Amounts receivable within one year | 40/41 | €1,023 | €2,868 | +€1,845 | +180.4% |
| Other amounts receivable | 41 | €1,023 | €2,868 | +€1,845 | +180.4% |
| Cash at bank and in hand | 54/58 | €24,580 | €17,589 | -€6,991 | -28.4% |
| Deferred charges and accrued income | 490/1 | €2,599 | €4,702 | +€2,103 | +80.9% |
| Total equity and liabilities | 10/49 | €54,358 | €55,270 | +€912 | +1.7% |
| Equity | 10/15 | €54,174 | €27,359 | -€26,816 | -49.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,174 | -€22,641 | -€26,816 | |
| Amounts payable | 17/49 | €184 | €27,912 | +€27,728 | +15081.1% |
| Amounts payable within one year | 42/48 | €184 | €27,912 | +€27,728 | +15081.1% |
| Trade debts | 44 | €126 | €5,693 | +€5,567 | +4418.3% |
| Suppliers | 440/4 | €126 | €5,693 | +€5,567 | +4418.3% |
| Taxes, remuneration and social security | 45 | €34 | - | -€34 | |
| Taxes | 450/3 | €34 | - | -€34 | |
| Other amounts payable | 47/48 | €24 | €22,219 | +€22,195 | +93139.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,806 | €6,169 | +€1,363 | +28.4% |
| Other operating charges | 640/8 | €1,002 | €363 | -€639 | -63.8% |
| Non-recurring operating charges | 66A | €10,150 | - | -€10,150 | |
| Gross operating margin | 9900 | €20,211 | -€20,243 | -€40,454 | |
| Operating profit (loss) | 9901 | €4,252 | -€26,775 | -€31,028 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €54 | €40 | -€13 | -24.7% |
| Recurring financial charges | 65 | €54 | €40 | -€13 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €4,208 | -€26,816 | -€31,024 | |
| Income taxes | 67/77 | €34 | - | -€34 | |
| Profit (loss) for the period | 9904 | €4,174 | -€26,816 | -€30,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,174 | -€26,816 | -€30,990 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.