MERITUS: 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.
MERITUS
Largest movements
- Receivables within one year -€92,661
down €92,661 (-96.6%), from €95,878 to €3,217
of which Trade receivables: -€86,943
- Receivables after one year +€75,473
new in 2023: €75,473
- Tax, wage and social debts -€18,546
down €18,546 (-47.2%), from €39,279 to €20,733
of which Taxes: -€19,680
- Trade debts +€2,551
up €2,551 (+138.2%), from €1,845 to €4,396
- Gross operating margin -€38,896
down €38,896 (-33.4%), from €116,582 to €77,686
- Staff costs -€13,549
down €13,549 (-16.0%), from €84,518 to €70,969
- Other operating charges -€2,924
down €2,924 (-42.9%), from €6,816 to €3,891
- Financial charges -€1,987
down €1,987 (-35.1%), from €5,656 to €3,669
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,966 | €80,511 | -€17,455 | -17.8% |
| Current assets | 29/58 | €97,966 | €80,511 | -€17,455 | -17.8% |
| Amounts receivable after more than one year | 29 | - | €75,473 | +€75,473 | |
| Trade receivables | 290 | - | €75,473 | +€75,473 | |
| Amounts receivable within one year | 40/41 | €95,878 | €3,217 | -€92,661 | -96.6% |
| Trade receivables | 40 | €86,943 | - | -€86,943 | |
| Other amounts receivable | 41 | €8,935 | €3,217 | -€5,718 | -64.0% |
| Cash at bank and in hand | 54/58 | €2,088 | €1,821 | -€268 | -12.8% |
| Total equity and liabilities | 10/49 | €97,966 | €80,511 | -€17,455 | -17.8% |
| Equity | 10/15 | €41,170 | €40,326 | -€843 | -2.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €163 | €163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €163 | €163 | = | 0.0% |
| Reserves not available under the articles | 1311 | €163 | €163 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,007 | €20,163 | -€843 | -4.0% |
| Amounts payable | 17/49 | €56,797 | €40,185 | -€16,612 | -29.2% |
| Amounts payable within one year | 42/48 | €56,797 | €40,185 | -€16,612 | -29.2% |
| Financial debts | 43 | €15,672 | €15,055 | -€617 | -3.9% |
| Credit institutions | 430/8 | €15,672 | €15,055 | -€617 | -3.9% |
| Trade debts | 44 | €1,845 | €4,396 | +€2,551 | +138.2% |
| Suppliers | 440/4 | €1,845 | €4,396 | +€2,551 | +138.2% |
| Taxes, remuneration and social security | 45 | €39,279 | €20,733 | -€18,546 | -47.2% |
| Taxes | 450/3 | €27,866 | €8,186 | -€19,680 | -70.6% |
| Remuneration and social security | 454/9 | €11,413 | €12,548 | +€1,135 | +9.9% |
| Remuneration, social security and pensions | 62 | €84,518 | €70,969 | -€13,549 | -16.0% |
| Other operating charges | 640/8 | €6,816 | €3,891 | -€2,924 | -42.9% |
| Non-recurring operating charges | 66A | €140,423 | - | -€140,423 | |
| Gross operating margin | 9900 | €116,582 | €77,686 | -€38,896 | -33.4% |
| Operating profit (loss) | 9901 | -€115,175 | €2,826 | +€118,000 | |
| Financial income | 75/76B | €320 | - | -€320 | |
| Recurring financial income | 75 | €320 | - | -€320 | |
| Financial charges | 65/66B | €5,656 | €3,669 | -€1,987 | -35.1% |
| Recurring financial charges | 65 | €5,656 | €3,669 | -€1,987 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€120,511 | -€843 | +€119,668 | +99.3% |
| Transfer from deferred taxes | 780 | €24,723 | - | -€24,723 | |
| Profit (loss) for the period | 9904 | -€95,788 | -€843 | +€94,944 | +99.1% |
| Transfer from tax-exempt reserves | 789 | €98,893 | - | -€98,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,105 | -€843 | -€3,949 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.