MERIAS: 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.
MERIAS
Largest movements
- Cash -€32,507
down €32,507 (-61.1%), from €53,219 to €20,712
mainly Tax, wage and social debts (-€19,561) and Net result for the year (-€8,897)
- Receivables within one year +€3,467
up €3,467 (+34.2%), from €10,128 to €13,595
of which Trade receivables: +€6,020
- Tangible fixed assets -€658
down €658 (-53.5%), from €1,230 to €572
- Tax, wage and social debts -€19,561
down €19,561 (-92.3%), from €21,186 to €1,625
- Profit (loss) carried forward -€8,897
down €8,897, from €0 to -€8,897
- Trade debts -€786
down €786 (-18.5%), from €4,255 to €3,469
- Gross operating margin -€27,797
down €27,797, from €19,938 to -€7,859
- Taxes -€4,328
down €4,328 (-97.3%), from €4,446 to €118
- Other operating charges -€249
down €249 (-35.5%), from €701 to €453
- Financial income +€203
up €203 (+256.5%), from €79 to €282
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 | €65,466 | €35,727 | -€29,738 | -45.4% |
| Fixed assets | 21/28 | €1,320 | €662 | -€658 | -49.8% |
| Tangible fixed assets | 22/27 | €1,230 | €572 | -€658 | -53.5% |
| Plant, machinery and equipment | 23 | €1,230 | €572 | -€658 | -53.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €64,146 | €35,065 | -€29,081 | -45.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €10,128 | €13,595 | +€3,467 | +34.2% |
| Trade receivables | 40 | €5,575 | €11,595 | +€6,020 | +108.0% |
| Other amounts receivable | 41 | €4,554 | €2,000 | -€2,554 | -56.1% |
| Cash at bank and in hand | 54/58 | €53,219 | €20,712 | -€32,507 | -61.1% |
| Deferred charges and accrued income | 490/1 | €798 | €758 | -€40 | -5.0% |
| Total equity and liabilities | 10/49 | €65,466 | €35,727 | -€29,738 | -45.4% |
| Equity | 10/15 | €24,993 | €16,096 | -€8,897 | -35.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,493 | €22,493 | = | 0.0% |
| Distributable reserves | 133 | €22,493 | €22,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€8,897 | -€8,897 | |
| Amounts payable | 17/49 | €40,472 | €19,631 | -€20,841 | -51.5% |
| Amounts payable within one year | 42/48 | €40,472 | €19,631 | -€20,841 | -51.5% |
| Trade debts | 44 | €4,255 | €3,469 | -€786 | -18.5% |
| Suppliers | 440/4 | €4,255 | €3,469 | -€786 | -18.5% |
| Taxes, remuneration and social security | 45 | €21,186 | €1,625 | -€19,561 | -92.3% |
| Taxes | 450/3 | €21,186 | €1,625 | -€19,561 | -92.3% |
| Other amounts payable | 47/48 | €15,030 | €14,537 | -€493 | -3.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €658 | €658 | = | 0.0% |
| Other operating charges | 640/8 | €701 | €453 | -€249 | -35.5% |
| Gross operating margin | 9900 | €19,938 | -€7,859 | -€27,797 | |
| Operating profit (loss) | 9901 | €18,579 | -€8,970 | -€27,548 | |
| Financial income | 75/76B | €79 | €282 | +€203 | +256.5% |
| Recurring financial income | 75 | €79 | €282 | +€203 | +256.5% |
| Financial charges | 65/66B | €171 | €92 | -€80 | -46.5% |
| Recurring financial charges | 65 | €171 | €92 | -€80 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €18,486 | -€8,779 | -€27,266 | |
| Income taxes | 67/77 | €4,446 | €118 | -€4,328 | -97.3% |
| Profit (loss) for the period | 9904 | €14,040 | -€8,897 | -€22,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,040 | -€8,897 | -€22,938 |
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 7 October 2026 via checked.be.