MERIVIA: 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.
MERIVIA
Largest movements
- Tangible fixed assets -€10,126
down €10,126 (-26.8%), from €37,830 to €27,705
of which Furniture and vehicles: -€9,475
- Cash -€7,269
down €7,269 (-25.3%), from €28,676 to €21,407
mainly Contributions, distributions and other (-€37,000) and Net result for the year (-€10,783)
- Stocks and contracts +€6,285
up €6,285 (+93.7%), from €6,710 to €12,995
- Receivables within one year +€4,831
up €4,831 (+17.2%), from €28,109 to €32,940
of which Trade receivables: +€7,782
- Deferred charges and accrued income -€1,522
down €1,522 (-68.4%), from €2,223 to €702
- Profit (loss) carried forward -€47,783
down €47,783 (-68.1%), from €70,161 to €22,378
- Other debts +€38,219
up €38,219 (+597.4%), from €6,397 to €44,616
- Tax, wage and social debts +€1,233
up €1,233 (+22.6%), from €5,466 to €6,699
of which Taxes: +€1,233
- Other operating charges -€3,906
down €3,906 (-90.7%), from €4,306 to €400
- Depreciation +€3,379
up €3,379 (+50.1%), from €6,747 to €10,126
- Gross operating margin -€286
down €286, from €77 to -€209
- Financial charges +€65
up €65 (+85.4%), from €76 to €140
- Financial income -€46
down €46 (-16.7%), from €273 to €228
of which Financial income: -€46
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 | €103,548 | €95,748 | -€7,800 | -7.5% |
| Fixed assets | 21/28 | €37,830 | €27,705 | -€10,126 | -26.8% |
| Tangible fixed assets | 22/27 | €37,830 | €27,705 | -€10,126 | -26.8% |
| Plant, machinery and equipment | 23 | €2,129 | €1,478 | -€650 | -30.5% |
| Furniture and vehicles | 24 | €35,701 | €26,226 | -€9,475 | -26.5% |
| Current assets | 29/58 | €65,718 | €68,043 | +€2,325 | +3.5% |
| Stocks and contracts in progress | 3 | €6,710 | €12,995 | +€6,285 | +93.7% |
| Stocks | 30/36 | €6,710 | €12,995 | +€6,285 | +93.7% |
| Amounts receivable within one year | 40/41 | €28,109 | €32,940 | +€4,831 | +17.2% |
| Trade receivables | 40 | €23,889 | €31,671 | +€7,782 | +32.6% |
| Other amounts receivable | 41 | €4,220 | €1,269 | -€2,952 | -69.9% |
| Cash at bank and in hand | 54/58 | €28,676 | €21,407 | -€7,269 | -25.3% |
| Deferred charges and accrued income | 490/1 | €2,223 | €702 | -€1,522 | -68.4% |
| Total equity and liabilities | 10/49 | €103,548 | €95,748 | -€7,800 | -7.5% |
| Equity | 10/15 | €90,621 | €42,838 | -€47,783 | -52.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,161 | €22,378 | -€47,783 | -68.1% |
| Amounts payable | 17/49 | €12,928 | €52,910 | +€39,983 | +309.3% |
| Amounts payable within one year | 42/48 | €12,928 | €52,910 | +€39,983 | +309.3% |
| Trade debts | 44 | €1,065 | €1,595 | +€531 | +49.8% |
| Suppliers | 440/4 | €1,065 | €1,595 | +€531 | +49.8% |
| Taxes, remuneration and social security | 45 | €5,466 | €6,699 | +€1,233 | +22.6% |
| Taxes | 450/3 | €3,666 | €4,899 | +€1,233 | +33.6% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €6,397 | €44,616 | +€38,219 | +597.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,747 | €10,126 | +€3,379 | +50.1% |
| Other operating charges | 640/8 | €4,306 | €400 | -€3,906 | -90.7% |
| Gross operating margin | 9900 | €77 | -€209 | -€286 | |
| Operating profit (loss) | 9901 | -€10,976 | -€10,734 | +€242 | +2.2% |
| Financial income | 75/76B | €273 | €228 | -€46 | -16.7% |
| Recurring financial income | 75 | €273 | €228 | -€46 | -16.7% |
| Non-recurring financial income | 76B | €273 | €228 | -€46 | -16.7% |
| Financial charges | 65/66B | €76 | €140 | +€65 | +85.4% |
| Recurring financial charges | 65 | €76 | €140 | +€65 | +85.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,779 | -€10,647 | +€132 | +1.2% |
| Income taxes | 67/77 | €130 | €136 | +€6 | +4.6% |
| Profit (loss) for the period | 9904 | -€10,909 | -€10,783 | +€126 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,909 | -€10,783 | +€126 | +1.2% |
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 9 October 2026 via checked.be.