MERICONSTRUCT: 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.
MERICONSTRUCT
Largest movements
- Tangible fixed assets +€27,396
up €27,396 (+1,104%), from €2,482 to €29,878
of which Leasing and similar rights: +€27,761
- Receivables after one year -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Receivables within one year +€970
up €970 (+17.5%), from €5,555 to €6,525
of which Trade receivables: +€750
- Deferred charges and accrued income -€770
down €770 (-26.4%), from €2,919 to €2,150
- Debts after one year +€18,695
new in 2025: €18,695
- Current portion of long-term debt +€5,327
new in 2025: €5,327
- Profit (loss) carried forward -€3,358
down €3,358 (-135%), from -€2,496 to -€5,854
- Trade debts +€1,810
up €1,810 (+49.6%), from €3,647 to €5,456
- Tax, wage and social debts +€1,056
up €1,056 (+90.4%), from €1,168 to €2,223
- Depreciation +€2,396
up €2,396 (+414%), from €579 to €2,975
- Gross operating margin +€2,059
up €2,059 (+2,697%), from €76 to €2,136
- Financial charges +€457
up €457 (+45.3%), from €1,009 to €1,466
- Financial income -€69
down €69 (-25.0%), from €275 to €206
- Other operating charges -€62
down €62 (-4.7%), from €1,320 to €1,258
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,457 | €44,303 | +€22,846 | +106% |
| Fixed assets | 21/28 | €2,482 | €29,878 | +€27,396 | +1,104% |
| Tangible fixed assets | 22/27 | €2,482 | €29,878 | +€27,396 | +1,104% |
| Plant, machinery and equipment | 23 | €529 | €500 | -€29 | -5.5% |
| Leasing and similar rights | 25 | - | €27,761 | +€27,761 | |
| Other tangible fixed assets | 26 | €1,953 | €1,617 | -€335 | -17.2% |
| Current assets | 29/58 | €18,975 | €14,425 | -€4,550 | -24.0% |
| Amounts receivable after more than one year | 29 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Other amounts receivable | 291 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Stocks and contracts in progress | 3 | €500 | €750 | +€250 | +50.0% |
| Stocks | 30/36 | €500 | €750 | +€250 | +50.0% |
| Amounts receivable within one year | 40/41 | €5,555 | €6,525 | +€970 | +17.5% |
| Trade receivables | 40 | €4,485 | €5,235 | +€750 | +16.7% |
| Other amounts receivable | 41 | €1,070 | €1,290 | +€220 | +20.5% |
| Deferred charges and accrued income | 490/1 | €2,919 | €2,150 | -€770 | -26.4% |
| Total equity and liabilities | 10/49 | €21,457 | €44,303 | +€22,846 | +106% |
| Equity | 10/15 | €10,564 | €7,206 | -€3,358 | -31.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 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% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,496 | -€5,854 | -€3,358 | -135% |
| Amounts payable | 17/49 | €10,893 | €37,096 | +€26,204 | +241% |
| Amounts payable after more than one year | 17 | - | €18,695 | +€18,695 | |
| Financial debts | 170/4 | - | €18,695 | +€18,695 | |
| Amounts payable within one year | 42/48 | €10,248 | €18,401 | +€8,153 | +79.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,327 | +€5,327 | |
| Financial debts | 43 | €4,424 | €4,579 | +€155 | +3.5% |
| Credit institutions | 430/8 | €4,424 | €4,579 | +€155 | +3.5% |
| Trade debts | 44 | €3,647 | €5,456 | +€1,810 | +49.6% |
| Suppliers | 440/4 | €3,647 | €5,456 | +€1,810 | +49.6% |
| Taxes, remuneration and social security | 45 | €1,168 | €2,223 | +€1,056 | +90.4% |
| Taxes | 450/3 | €1,168 | €2,223 | +€1,056 | +90.4% |
| Other amounts payable | 47/48 | €1,010 | €815 | -€195 | -19.3% |
| Accrued charges and deferred income | 492/3 | €645 | - | -€645 | |
| Non-recurring operating income | 76A | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €579 | €2,975 | +€2,396 | +414% |
| Other operating charges | 640/8 | €1,320 | €1,258 | -€62 | -4.7% |
| Gross operating margin | 9900 | €76 | €2,136 | +€2,059 | +2,697% |
| Operating profit (loss) | 9901 | -€1,823 | -€2,098 | -€275 | -15.1% |
| Financial income | 75/76B | €275 | €206 | -€69 | -25.0% |
| Recurring financial income | 75 | €275 | €206 | -€69 | -25.0% |
| Financial charges | 65/66B | €1,009 | €1,466 | +€457 | +45.3% |
| Recurring financial charges | 65 | €1,009 | €1,466 | +€457 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,558 | -€3,358 | -€800 | -31.3% |
| Profit (loss) for the period | 9904 | -€2,558 | -€3,358 | -€800 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,558 | -€3,358 | -€800 | -31.3% |
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 13 October 2026 via checked.be.