MEREG CONSTRUCTIONS: 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.
MEREG CONSTRUCTIONS
Largest movements
- Cash +€3,446
up €3,446 (+28.5%), from €12,092 to €15,538
mainly Trade debts (+€1,696) and Net result for the year (+€1,474)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€725
up €725 (+8.1%), from €8,905 to €9,630
- Financial charges -€390
down €390 (-5.1%), from €7,612 to €7,222
- Other operating charges +€187
up €187 (+25.0%), from €747 to €934
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 | €277,027 | €280,158 | +€3,131 | +1.1% |
| Current assets | 29/58 | €277,027 | €280,158 | +€3,131 | +1.1% |
| Stocks and contracts in progress | 3 | €45,117 | €45,117 | +€0 | 0.0% |
| Stocks | 30/36 | €45,117 | €45,117 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €219,818 | €219,018 | -€800 | -0.4% |
| Other amounts receivable | 41 | €219,818 | €219,018 | -€800 | -0.4% |
| Cash at bank and in hand | 54/58 | €12,092 | €15,538 | +€3,446 | +28.5% |
| Deferred charges and accrued income | 490/1 | - | €485 | +€485 | |
| Total equity and liabilities | 10/49 | €277,027 | €280,158 | +€3,131 | +1.1% |
| Equity | 10/15 | €34,338 | €35,812 | +€1,474 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €930 | €930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | - | -€930 | |
| Legal reserve | 130 | €930 | - | -€930 | |
| Distributable reserves | 133 | - | €930 | +€930 | |
| Profit (loss) carried forward | 14 | €14,808 | €16,282 | +€1,474 | +10.0% |
| Amounts payable | 17/49 | €242,689 | €244,346 | +€1,657 | +0.7% |
| Amounts payable within one year | 42/48 | €242,689 | €244,115 | +€1,426 | +0.6% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €64,739 | €66,435 | +€1,696 | +2.6% |
| Suppliers | 440/4 | €64,739 | €66,435 | +€1,696 | +2.6% |
| Taxes, remuneration and social security | 45 | €2,450 | €2,180 | -€270 | -11.0% |
| Taxes | 450/3 | €2,450 | €2,180 | -€270 | -11.0% |
| Other amounts payable | 47/48 | €25,500 | €25,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €231 | +€231 | |
| Other operating charges | 640/8 | €747 | €934 | +€187 | +25.0% |
| Gross operating margin | 9900 | €8,905 | €9,630 | +€725 | +8.1% |
| Operating profit (loss) | 9901 | €8,158 | €8,696 | +€538 | +6.6% |
| Financial charges | 65/66B | €7,612 | €7,222 | -€390 | -5.1% |
| Recurring financial charges | 65 | €7,612 | €7,222 | -€390 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €546 | €1,474 | +€928 | +170.0% |
| Profit (loss) for the period | 9904 | €546 | €1,474 | +€928 | +170.0% |
| Profit (loss) for the period to be appropriated | 9905 | €546 | €1,474 | +€928 | +170.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.