MERIS: 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.
MERIS
Largest movements
- Cash -€12,165
down €12,165 (-33.8%), from €36,036 to €23,871
mainly Investment in fixed assets (net) (-€40,631) and Debts after one year (-€14,228)
- Tangible fixed assets +€10,328
up €10,328 (+4.1%), from €250,043 to €260,371
of which Land and buildings: +€6,733
- Receivables within one year -€5,386
down €5,386 (-17.8%), from €30,280 to €24,894
of which Trade receivables: -€3,592
- Financial fixed assets +€3,885
up €3,885 (+135.0%), from €2,877 to €6,762
- Profit (loss) carried forward +€21,756
up €21,756 (+31.3%), from €69,606 to €91,361
- Debts after one year -€14,228
down €14,228 (-17.0%), from €83,507 to €69,279
- Trade debts -€6,040
down €6,040 (-70.4%), from €8,579 to €2,540
- Gross operating margin +€23,805
up €23,805 (+15.0%), from €158,403 to €182,207
- Staff costs +€6,043
up €6,043 (+7.3%), from €82,716 to €88,759
- Other operating charges -€3,789
down €3,789 (-68.4%), from €5,538 to €1,749
- Depreciation -€3,429
down €3,429 (-11.5%), from €29,847 to €26,418
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 | €319,236 | €315,898 | -€3,338 | -1.0% |
| Fixed assets | 21/28 | €252,920 | €267,133 | +€14,213 | +5.6% |
| Tangible fixed assets | 22/27 | €250,043 | €260,371 | +€10,328 | +4.1% |
| Land and buildings | 22 | €168,062 | €174,795 | +€6,733 | +4.0% |
| Plant, machinery and equipment | 23 | €201 | - | -€201 | |
| Furniture and vehicles | 24 | €76,164 | €81,756 | +€5,592 | +7.3% |
| Other tangible fixed assets | 26 | €5,617 | €3,820 | -€1,797 | -32.0% |
| Financial fixed assets | 28 | €2,877 | €6,762 | +€3,885 | +135.0% |
| Current assets | 29/58 | €66,316 | €48,765 | -€17,551 | -26.5% |
| Amounts receivable within one year | 40/41 | €30,280 | €24,894 | -€5,386 | -17.8% |
| Trade receivables | 40 | €28,342 | €24,750 | -€3,592 | -12.7% |
| Other amounts receivable | 41 | €1,938 | €144 | -€1,794 | -92.6% |
| Cash at bank and in hand | 54/58 | €36,036 | €23,871 | -€12,165 | -33.8% |
| Total equity and liabilities | 10/49 | €319,236 | €315,898 | -€3,338 | -1.0% |
| Equity | 10/15 | €160,478 | €182,234 | +€21,756 | +13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €70,873 | €70,873 | = | 0.0% |
| Non-distributable reserves | 130/1 | €873 | €873 | = | 0.0% |
| Legal reserve | 130 | €873 | €873 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,606 | €91,361 | +€21,756 | +31.3% |
| Amounts payable | 17/49 | €158,757 | €133,664 | -€25,094 | -15.8% |
| Amounts payable after more than one year | 17 | €83,507 | €69,279 | -€14,228 | -17.0% |
| Financial debts | 170/4 | €83,507 | €69,279 | -€14,228 | -17.0% |
| Amounts payable within one year | 42/48 | €75,250 | €64,385 | -€10,865 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €19,149 | €16,092 | -€3,057 | -16.0% |
| Trade debts | 44 | €8,579 | €2,540 | -€6,040 | -70.4% |
| Suppliers | 440/4 | €8,579 | €2,540 | -€6,040 | -70.4% |
| Taxes, remuneration and social security | 45 | €47,521 | €45,685 | -€1,836 | -3.9% |
| Taxes | 450/3 | €38,171 | €28,821 | -€9,350 | -24.5% |
| Remuneration and social security | 454/9 | €9,350 | €16,864 | +€7,514 | +80.4% |
| Other amounts payable | 47/48 | - | €67 | +€67 | |
| Remuneration, social security and pensions | 62 | €82,716 | €88,759 | +€6,043 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,847 | €26,418 | -€3,429 | -11.5% |
| Other operating charges | 640/8 | €5,538 | €1,749 | -€3,789 | -68.4% |
| Non-recurring operating charges | 66A | - | €13,434 | +€13,434 | |
| Gross operating margin | 9900 | €158,403 | €182,207 | +€23,805 | +15.0% |
| Operating profit (loss) | 9901 | €40,301 | €51,847 | +€11,545 | +28.6% |
| Financial income | 75/76B | €284 | €127 | -€157 | -55.4% |
| Recurring financial income | 75 | €284 | €127 | -€157 | -55.4% |
| Financial charges | 65/66B | €3,210 | €4,142 | +€931 | +29.0% |
| Recurring financial charges | 65 | €3,210 | €4,142 | +€931 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €37,375 | €47,832 | +€10,457 | +28.0% |
| Income taxes | 67/77 | €12,543 | €14,076 | +€1,533 | +12.2% |
| Profit (loss) for the period | 9904 | €24,832 | €33,756 | +€8,924 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,832 | €33,756 | +€8,924 | +35.9% |
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 6 October 2026 via checked.be.