Merito Vlaanderen: what changed
Merito Vlaanderen
Largest movements
- Cash -€34,988
down €34,988 (-35.3%), from €99,110 to €64,122
mainly Accrued charges and deferred income (-€48,710) and Deferred charges and accrued income (-€1,781)
- Receivables within one year -€9,518
down €9,518 (-32.0%), from €29,739 to €20,221
of which Trade receivables: -€13,228
- Deferred charges and accrued income +€1,781
up €1,781 (+169%), from €1,051 to €2,831
- Accrued charges and deferred income -€48,710
down €48,710 (-60.9%), from €80,001 to €31,291
- Profit (loss) carried forward +€5,199
up €5,199 (+10.8%), from €48,217 to €53,416
- Gross operating margin -€42,465
down €42,465 (-87.4%), from €48,591 to €6,125
- Purchases and services -€25,794
down €25,794 (-9.6%), from €269,975 to €244,180
- Depreciation +€607
up €607 (+357%), from €170 to €777
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,060 | €88,558 | -€43,502 | -32.9% |
| Fixed assets | 21/28 | €2,160 | €1,383 | -€777 | -36.0% |
| Tangible fixed assets | 22/27 | €2,160 | €1,383 | -€777 | -36.0% |
| Furniture and vehicles | 24 | €2,160 | €1,383 | -€777 | -36.0% |
| Current assets | 29/58 | €129,900 | €87,174 | -€42,725 | -32.9% |
| Amounts receivable within one year | 40/41 | €29,739 | €20,221 | -€9,518 | -32.0% |
| Trade receivables | 40 | €29,568 | €16,340 | -€13,228 | -44.7% |
| Other amounts receivable | 41 | €170 | €3,881 | +€3,711 | +2,179% |
| Cash at bank and in hand | 54/58 | €99,110 | €64,122 | -€34,988 | -35.3% |
| Deferred charges and accrued income | 490/1 | €1,051 | €2,831 | +€1,781 | +169% |
| Total equity and liabilities | 10/49 | €132,060 | €88,558 | -€43,502 | -32.9% |
| Equity | 10/15 | €48,217 | €53,416 | +€5,199 | +10.8% |
| Profit (loss) carried forward | 14 | €48,217 | €53,416 | +€5,199 | +10.8% |
| Amounts payable | 17/49 | €83,843 | €35,142 | -€48,701 | -58.1% |
| Amounts payable within one year | 42/48 | €3,842 | €3,851 | +€10 | +0.3% |
| Trade debts | 44 | €3,375 | €3,359 | -€15 | -0.5% |
| Suppliers | 440/4 | €3,375 | €3,359 | -€15 | -0.5% |
| Accrued charges and deferred income | 492/3 | €80,001 | €31,291 | -€48,710 | -60.9% |
| Membership fees, donations, legacies and grants | 73 | €318,565 | €250,306 | -€68,260 | -21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €269,975 | €244,180 | -€25,794 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €777 | +€607 | +357% |
| Gross operating margin | 9900 | €48,591 | €6,125 | -€42,465 | -87.4% |
| Operating profit (loss) | 9901 | €48,421 | €5,349 | -€43,072 | -89.0% |
| Financial income | 75/76B | €5 | €27 | +€22 | +393% |
| Recurring financial income | 75 | €5 | €27 | +€22 | +393% |
| Financial charges | 65/66B | €209 | €177 | -€32 | -15.5% |
| Recurring financial charges | 65 | €209 | €177 | -€32 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €48,217 | €5,199 | -€43,018 | -89.2% |
| Profit (loss) for the period | 9904 | €48,217 | €5,199 | -€43,018 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,217 | €5,199 | -€43,018 | -89.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.