MERI: 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.
MERI
Largest movements
- Stocks and contracts +€5,770
up €5,770 (+40.8%), from €14,155 to €19,925
- Cash -€3,885
down €3,885 (-62.7%), from €6,198 to €2,313
mainly Net result for the year (-€10,841) and Stocks and contracts (-€5,770)
- Receivables within one year +€3,247
up €3,247 (+43.5%), from €7,457 to €10,704
- Financial fixed assets +€1,590
up €1,590 (+52.3%), from €3,040 to €4,630
- Tangible fixed assets -€1,151
down €1,151 (-43.2%), from €2,664 to €1,513
- Other debts +€14,143
up €14,143 (+308.3%), from €4,587 to €18,729
- Profit (loss) carried forward -€10,841
down €10,841 (-56.2%), from -€19,307 to -€30,148
- Trade debts +€2,631
up €2,631 (+51.1%), from €5,144 to €7,776
- Turnover -€234,892
no longer reported in 2024 (was €234,892)
- Purchases and services -€162,017
no longer reported in 2024 (was €162,017)
- Staff costs +€11,408
up €11,408 (+21.7%), from €52,661 to €64,069
- Other operating charges +€7,479
up €7,479 (+357.2%), from €2,094 to €9,573
- Taxes -€5,075
down €5,075 (-82.3%), from €6,166 to €1,091
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 | €33,513 | €39,085 | +€5,571 | +16.6% |
| Fixed assets | 21/28 | €5,704 | €6,143 | +€439 | +7.7% |
| Tangible fixed assets | 22/27 | €2,664 | €1,513 | -€1,151 | -43.2% |
| Furniture and vehicles | 24 | €2,664 | €1,513 | -€1,151 | -43.2% |
| Financial fixed assets | 28 | €3,040 | €4,630 | +€1,590 | +52.3% |
| Current assets | 29/58 | €27,810 | €32,942 | +€5,133 | +18.5% |
| Stocks and contracts in progress | 3 | €14,155 | €19,925 | +€5,770 | +40.8% |
| Stocks | 30/36 | €14,155 | €19,925 | +€5,770 | +40.8% |
| Amounts receivable within one year | 40/41 | €7,457 | €10,704 | +€3,247 | +43.5% |
| Other amounts receivable | 41 | €7,457 | €10,704 | +€3,247 | +43.5% |
| Cash at bank and in hand | 54/58 | €6,198 | €2,313 | -€3,885 | -62.7% |
| Total equity and liabilities | 10/49 | €33,513 | €39,085 | +€5,571 | +16.6% |
| Equity | 10/15 | €13,593 | €2,752 | -€10,841 | -79.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €13,900 | €13,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,307 | -€30,148 | -€10,841 | -56.2% |
| Amounts payable | 17/49 | €19,920 | €36,333 | +€16,412 | +82.4% |
| Amounts payable within one year | 42/48 | €19,920 | €36,333 | +€16,412 | +82.4% |
| Trade debts | 44 | €5,144 | €7,776 | +€2,631 | +51.1% |
| Suppliers | 440/4 | €5,144 | €7,776 | +€2,631 | +51.1% |
| Taxes, remuneration and social security | 45 | €10,189 | €9,828 | -€361 | -3.5% |
| Taxes | 450/3 | - | €250 | +€250 | |
| Remuneration and social security | 454/9 | €10,189 | €9,579 | -€611 | -6.0% |
| Other amounts payable | 47/48 | €4,587 | €18,729 | +€14,143 | +308.3% |
| Turnover | 70 | €234,892 | - | -€234,892 | |
| Goods, raw materials, services and sundry goods | 60/61 | €162,017 | - | -€162,017 | |
| Remuneration, social security and pensions | 62 | €52,661 | €64,069 | +€11,408 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €1,151 | +€284 | +32.7% |
| Other operating charges | 640/8 | €2,094 | €9,573 | +€7,479 | +357.2% |
| Gross operating margin | 9900 | €72,875 | €67,850 | -€5,025 | -6.9% |
| Operating profit (loss) | 9901 | €17,253 | -€6,943 | -€24,195 | |
| Financial income | 75/76B | €2 | €21 | +€20 | +1294.0% |
| Recurring financial income | 75 | €2 | €21 | +€20 | +1294.0% |
| Non-recurring financial income | 76B | €2 | €21 | +€20 | +1294.0% |
| Financial charges | 65/66B | €3,178 | €2,828 | -€350 | -11.0% |
| Recurring financial charges | 65 | €1,850 | €2,327 | +€478 | +25.8% |
| Non-recurring financial charges | 66B | €1,329 | €501 | -€828 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €14,076 | -€9,750 | -€23,826 | |
| Income taxes | 67/77 | €6,166 | €1,091 | -€5,075 | -82.3% |
| Profit (loss) for the period | 9904 | €7,909 | -€10,841 | -€18,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,909 | -€10,841 | -€18,750 |
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 6 October 2026 via checked.be.