MERIC-TEC: 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.
MERIC-TEC
Largest movements
- Receivables within one year +€53,476
up €53,476 (+136.6%), from €39,157 to €92,633
of which Trade receivables: +€46,396
- Tangible fixed assets +€30,297
up €30,297 (+111.3%), from €27,222 to €57,520
- Cash +€11,929
up €11,929 (+16.3%), from €73,114 to €85,043
mainly Net result for the year (+€67,885) and Accrued charges and deferred income (+€48,445)
- Profit (loss) carried forward +€67,885
up €67,885 (+184.8%), from €36,737 to €104,623
- Other debts -€50,000
no longer reported in 2024 (was €50,000)
- Accrued charges and deferred income +€48,445
new in 2024: €48,445
- Trade debts +€36,374
up €36,374 (+7889.5%), from €461 to €36,835
- Tax, wage and social debts -€19,401
down €19,401 (-43.9%), from €44,235 to €24,835
- Gross operating margin +€175,308
up €175,308 (+1609.4%), from €10,893 to €186,201
- Taxes +€57,303
up €57,303 (+133.7%), from €42,848 to €100,152
- Depreciation +€10,217
up €10,217 (+1313.5%), from €778 to €10,994
- Financial charges +€3,815
up €3,815 (+231.1%), from €1,651 to €5,466
- Financial income -€3,553
no longer reported in 2024 (was €3,553)
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 | €139,493 | €235,196 | +€95,703 | +68.6% |
| Fixed assets | 21/28 | €27,222 | €57,520 | +€30,297 | +111.3% |
| Tangible fixed assets | 22/27 | €27,222 | €57,520 | +€30,297 | +111.3% |
| Furniture and vehicles | 24 | €27,222 | €57,520 | +€30,297 | +111.3% |
| Current assets | 29/58 | €112,271 | €177,677 | +€65,406 | +58.3% |
| Amounts receivable within one year | 40/41 | €39,157 | €92,633 | +€53,476 | +136.6% |
| Trade receivables | 40 | €32,796 | €79,192 | +€46,396 | +141.5% |
| Other amounts receivable | 41 | €6,361 | €13,441 | +€7,080 | +111.3% |
| Cash at bank and in hand | 54/58 | €73,114 | €85,043 | +€11,929 | +16.3% |
| Total equity and liabilities | 10/49 | €139,493 | €235,196 | +€95,703 | +68.6% |
| Equity | 10/15 | €44,797 | €125,083 | +€80,285 | +179.2% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,737 | €104,623 | +€67,885 | +184.8% |
| Amounts payable | 17/49 | €94,696 | €110,114 | +€15,418 | +16.3% |
| Amounts payable within one year | 42/48 | €94,696 | €61,669 | -€33,027 | -34.9% |
| Trade debts | 44 | €461 | €36,835 | +€36,374 | +7889.5% |
| Suppliers | 440/4 | €461 | €36,835 | +€36,374 | +7889.5% |
| Taxes, remuneration and social security | 45 | €44,235 | €24,835 | -€19,401 | -43.9% |
| Taxes | 450/3 | €44,235 | €24,835 | -€19,401 | -43.9% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Accrued charges and deferred income | 492/3 | - | €48,445 | +€48,445 | |
| Remuneration, social security and pensions | 62 | €119 | €253 | +€134 | +112.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €10,994 | +€10,217 | +1313.5% |
| Other operating charges | 640/8 | €1,026 | €1,450 | +€424 | +41.4% |
| Gross operating margin | 9900 | €10,893 | €186,201 | +€175,308 | +1609.4% |
| Operating profit (loss) | 9901 | €8,970 | €173,503 | +€164,534 | +1834.3% |
| Financial income | 75/76B | €3,553 | - | -€3,553 | |
| Recurring financial income | 75 | €3,553 | - | -€3,553 | |
| Financial charges | 65/66B | €1,651 | €5,466 | +€3,815 | +231.1% |
| Recurring financial charges | 65 | €1,651 | €5,466 | +€3,815 | +231.1% |
| Profit (loss) for the period before taxes | 9903 | €10,872 | €168,037 | +€157,165 | +1445.6% |
| Income taxes | 67/77 | €42,848 | €100,152 | +€57,303 | +133.7% |
| Profit (loss) for the period | 9904 | -€31,976 | €67,885 | +€99,862 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,976 | €67,885 | +€99,862 |
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 29 September 2026 via checked.be.