MERLEN RENOVATION GROUP: what changed
MERLEN RENOVATION GROUP
Largest movements
- Receivables within one year -€3,360
down €3,360 (-20.1%), from €16,723 to €13,363
- Trade debts -€1,618
no longer reported in 2025 (was €1,618)
- Profit (loss) carried forward -€959
down €959 (-22.5%), from -€4,265 to -€5,223
- Accrued charges and deferred income -€732
no longer reported in 2025 (was €732)
- Other operating charges +€910
new in 2025: €910
- Gross operating margin -€23
new in 2025: -€23
- Financial charges -€21
down €21 (-44.9%), from €47 to €26
- Financial income -€20
no longer reported in 2025 (was €20)
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 | €16,723 | €13,397 | -€3,326 | -19.9% |
| Current assets | 29/58 | €16,723 | €13,397 | -€3,326 | -19.9% |
| Amounts receivable within one year | 40/41 | €16,723 | €13,363 | -€3,360 | -20.1% |
| Other amounts receivable | 41 | €16,723 | €13,363 | -€3,360 | -20.1% |
| Cash at bank and in hand | 54/58 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €16,723 | €13,397 | -€3,326 | -19.9% |
| Equity | 10/15 | €14,355 | €13,397 | -€959 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20 | €20 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,265 | -€5,223 | -€959 | -22.5% |
| Amounts payable | 17/49 | €2,368 | - | -€2,368 | |
| Amounts payable within one year | 42/48 | €1,636 | - | -€1,636 | |
| Financial debts | 43 | €18 | - | -€18 | |
| Credit institutions | 430/8 | €18 | - | -€18 | |
| Trade debts | 44 | €1,618 | - | -€1,618 | |
| Suppliers | 440/4 | €1,618 | - | -€1,618 | |
| Accrued charges and deferred income | 492/3 | €732 | - | -€732 | |
| Other operating charges | 640/8 | - | €910 | +€910 | |
| Gross operating margin | 9900 | - | -€23 | -€23 | |
| Operating profit (loss) | 9901 | - | -€933 | -€933 | |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €47 | €26 | -€21 | -44.9% |
| Recurring financial charges | 65 | €47 | €26 | -€21 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | -€27 | -€959 | -€932 | -3,506% |
| Profit (loss) for the period | 9904 | -€27 | -€959 | -€932 | -3,506% |
| Profit (loss) for the period to be appropriated | 9905 | -€27 | -€959 | -€932 | -3,506% |
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 5 November 2026 via checked.be.