Meritius Antwerpen: 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.
Meritius Antwerpen
Largest movements
- Cash +€39,644
up €39,644 (+44.5%), from €89,014 to €128,659
mainly Net result for the year (+€100,627) and Other debts (+€100,627)
- Receivables within one year -€7,413
down €7,413 (-9.5%), from €77,697 to €70,284
- Deferred charges and accrued income -€5,012
down €5,012 (-55.1%), from €9,102 to €4,091
- Tangible fixed assets -€4,061
down €4,061 (-44.0%), from €9,234 to €5,173
of which Furniture and vehicles: -€2,591
- Reserves -€107,279
no longer reported in 2025 (was €107,279)
- Other debts +€100,627
up €100,627 (+104,820%), from €96 to €100,723
- Advances received +€26,153
up €26,153 (+103%), from €25,308 to €51,461
- Tax, wage and social debts +€10,037
up €10,037 (+29.1%), from €34,498 to €44,534
of which Taxes: +€8,515
- Trade debts -€5,392
down €5,392 (-78.4%), from €6,880 to €1,488
- Gross operating margin +€60,442
up €60,442 (+52.5%), from €115,169 to €175,611
- Taxes +€13,898
up €13,898 (+80.9%), from €17,189 to €31,088
- Staff costs +€5,996
up €5,996 (+21.3%), from €28,196 to €34,193
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
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 | €185,048 | €208,207 | +€23,158 | +12.5% |
| Fixed assets | 21/28 | €9,234 | €5,173 | -€4,061 | -44.0% |
| Tangible fixed assets | 22/27 | €9,234 | €5,173 | -€4,061 | -44.0% |
| Furniture and vehicles | 24 | €5,798 | €3,207 | -€2,591 | -44.7% |
| Leasing and similar rights | 25 | €3,437 | €1,966 | -€1,471 | -42.8% |
| Current assets | 29/58 | €175,814 | €203,033 | +€27,220 | +15.5% |
| Amounts receivable within one year | 40/41 | €77,697 | €70,284 | -€7,413 | -9.5% |
| Trade receivables | 40 | €77,697 | €70,284 | -€7,413 | -9.5% |
| Cash at bank and in hand | 54/58 | €89,014 | €128,659 | +€39,644 | +44.5% |
| Deferred charges and accrued income | 490/1 | €9,102 | €4,091 | -€5,012 | -55.1% |
| Total equity and liabilities | 10/49 | €185,048 | €208,207 | +€23,158 | +12.5% |
| Equity | 10/15 | €117,279 | €10,000 | -€107,279 | -91.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €107,279 | - | -€107,279 | |
| Distributable reserves | 133 | €107,279 | - | -€107,279 | |
| Amounts payable | 17/49 | €67,769 | €198,207 | +€130,437 | +192% |
| Amounts payable within one year | 42/48 | €67,769 | €198,207 | +€130,437 | +192% |
| Current portion of amounts payable after more than one year | 42 | €987 | - | -€987 | |
| Trade debts | 44 | €6,880 | €1,488 | -€5,392 | -78.4% |
| Suppliers | 440/4 | €6,880 | €1,488 | -€5,392 | -78.4% |
| Advances received on contracts in progress | 46 | €25,308 | €51,461 | +€26,153 | +103% |
| Taxes, remuneration and social security | 45 | €34,498 | €44,534 | +€10,037 | +29.1% |
| Taxes | 450/3 | €32,597 | €41,112 | +€8,515 | +26.1% |
| Remuneration and social security | 454/9 | €1,900 | €3,422 | +€1,522 | +80.1% |
| Other amounts payable | 47/48 | €96 | €100,723 | +€100,627 | +104,820% |
| Remuneration, social security and pensions | 62 | €28,196 | €34,193 | +€5,996 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,301 | €4,061 | +€761 | +23.1% |
| Other operating charges | 640/8 | €4,497 | €4,655 | +€158 | +3.5% |
| Gross operating margin | 9900 | €115,169 | €175,611 | +€60,442 | +52.5% |
| Operating profit (loss) | 9901 | €79,176 | €132,702 | +€53,527 | +67.6% |
| Financial income | 75/76B | €13 | €27 | +€14 | +103% |
| Recurring financial income | 75 | €13 | €27 | +€14 | +103% |
| Financial charges | 65/66B | €1,041 | €1,014 | -€27 | -2.5% |
| Recurring financial charges | 65 | €1,041 | €1,014 | -€27 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €78,148 | €131,715 | +€53,567 | +68.5% |
| Income taxes | 67/77 | €17,189 | €31,088 | +€13,898 | +80.9% |
| Profit (loss) for the period | 9904 | €60,959 | €100,627 | +€39,668 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,959 | €100,627 | +€39,668 | +65.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.