Meran: 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.
Meran
Largest movements
- Tangible fixed assets -€23,094
down €23,094 (-1.9%), from €1.2m to €1.2m
- Debts after one year -€37,108
down €37,108 (-6.7%), from €556,943 to €519,835
- Gross operating margin -€1,093
down €1,093 (-2.1%), from €51,682 to €50,589
- Financial charges -€518
down €518 (-4.2%), from €12,187 to €11,669
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 | €1,231,253 | €1,207,609 | -€23,644 | -1.9% |
| Fixed assets | 21/28 | €1,221,040 | €1,197,947 | -€23,094 | -1.9% |
| Tangible fixed assets | 22/27 | €1,221,040 | €1,197,947 | -€23,094 | -1.9% |
| Land and buildings | 22 | €1,221,040 | €1,197,947 | -€23,094 | -1.9% |
| Current assets | 29/58 | €10,213 | €9,662 | -€551 | -5.4% |
| Cash at bank and in hand | 54/58 | €10,090 | €9,613 | -€477 | -4.7% |
| Deferred charges and accrued income | 490/1 | €123 | €49 | -€74 | -60.2% |
| Total equity and liabilities | 10/49 | €1,231,253 | €1,207,609 | -€23,644 | -1.9% |
| Equity | 10/15 | €560,204 | €571,534 | +€11,330 | +2.0% |
| Contributions | 10/11 | €576,500 | €576,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,296 | -€4,966 | +€11,330 | +69.5% |
| Amounts payable | 17/49 | €671,049 | €636,075 | -€34,974 | -5.2% |
| Amounts payable after more than one year | 17 | €556,943 | €519,835 | -€37,108 | -6.7% |
| Financial debts | 170/4 | €556,943 | €519,835 | -€37,108 | -6.7% |
| Amounts payable within one year | 42/48 | €114,106 | €116,240 | +€2,134 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €36,497 | €37,108 | +€612 | +1.7% |
| Trade debts | 44 | €419 | €498 | +€79 | +18.9% |
| Suppliers | 440/4 | €419 | €498 | +€79 | +18.9% |
| Other amounts payable | 47/48 | €77,191 | €78,634 | +€1,443 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,292 | €24,326 | +€34 | +0.1% |
| Other operating charges | 640/8 | €3,087 | €3,264 | +€177 | +5.7% |
| Gross operating margin | 9900 | €51,682 | €50,589 | -€1,093 | -2.1% |
| Operating profit (loss) | 9901 | €24,303 | €22,999 | -€1,304 | -5.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €12,187 | €11,669 | -€518 | -4.2% |
| Recurring financial charges | 65 | €12,187 | €11,669 | -€518 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €12,121 | €11,330 | -€791 | -6.5% |
| Profit (loss) for the period | 9904 | €12,121 | €11,330 | -€791 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,121 | €11,330 | -€791 | -6.5% |
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 20 October 2026 via checked.be.