MERIZ: 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.
MERIZ
Largest movements
- Cash +€102,223
up €102,223 (+392.7%), from €26,031 to €128,254
mainly Net result for the year (+€55,249) and Other debts (+€45,837)
- Receivables within one year +€6,322
up €6,322 (+40.4%), from €15,654 to €21,975
of which Other amounts receivable: +€6,661
- Profit (loss) carried forward +€55,249
up €55,249 (+147.8%), from €37,387 to €92,636
- Other debts +€45,837
new in 2024: €45,837
- Tax, wage and social debts +€6,444
up €6,444 (+179.3%), from €3,595 to €10,039
- Trade debts +€1,649
up €1,649 (+33.8%), from €4,882 to €6,531
- Gross operating margin +€29,423
up €29,423 (+94.0%), from €31,303 to €60,726
- Taxes -€3,595
no longer reported in 2024 (was €3,595)
- Other operating charges -€1,453
down €1,453 (-70.6%), from €2,059 to €606
- Depreciation +€1,444
up €1,444 (+64.1%), from €2,254 to €3,698
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,865 | €155,044 | +€109,179 | +238.0% |
| Fixed assets | 21/28 | €4,181 | €4,815 | +€634 | +15.2% |
| Tangible fixed assets | 22/27 | €2,381 | €3,015 | +€634 | +26.6% |
| Plant, machinery and equipment | 23 | €2,381 | €2,133 | -€247 | -10.4% |
| Furniture and vehicles | 24 | - | €882 | +€882 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €41,685 | €150,229 | +€108,544 | +260.4% |
| Amounts receivable within one year | 40/41 | €15,654 | €21,975 | +€6,322 | +40.4% |
| Trade receivables | 40 | €658 | €319 | -€339 | -51.5% |
| Other amounts receivable | 41 | €14,996 | €21,656 | +€6,661 | +44.4% |
| Cash at bank and in hand | 54/58 | €26,031 | €128,254 | +€102,223 | +392.7% |
| Total equity and liabilities | 10/49 | €45,865 | €155,044 | +€109,179 | +238.0% |
| Equity | 10/15 | €37,388 | €92,637 | +€55,249 | +147.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €18,599 | €18,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,387 | €92,636 | +€55,249 | +147.8% |
| Amounts payable | 17/49 | €8,477 | €62,407 | +€53,930 | +636.2% |
| Amounts payable within one year | 42/48 | €8,477 | €62,407 | +€53,930 | +636.2% |
| Trade debts | 44 | €4,882 | €6,531 | +€1,649 | +33.8% |
| Suppliers | 440/4 | €4,882 | €6,531 | +€1,649 | +33.8% |
| Taxes, remuneration and social security | 45 | €3,595 | €10,039 | +€6,444 | +179.3% |
| Taxes | 450/3 | €3,595 | €10,039 | +€6,444 | +179.3% |
| Other amounts payable | 47/48 | - | €45,837 | +€45,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €3,698 | +€1,444 | +64.1% |
| Other operating charges | 640/8 | €2,059 | €606 | -€1,453 | -70.6% |
| Non-recurring operating charges | 66A | - | €1,047 | +€1,047 | |
| Gross operating margin | 9900 | €31,303 | €60,726 | +€29,423 | +94.0% |
| Operating profit (loss) | 9901 | €26,990 | €55,375 | +€28,385 | +105.2% |
| Financial charges | 65/66B | €162 | €126 | -€35 | -21.8% |
| Recurring financial charges | 65 | €162 | €126 | -€35 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €26,829 | €55,249 | +€28,420 | +105.9% |
| Income taxes | 67/77 | €3,595 | - | -€3,595 | |
| Profit (loss) for the period | 9904 | €23,234 | €55,249 | +€32,015 | +137.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,234 | €55,249 | +€32,015 | +137.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.