MERLO Thuisverpleging: what changed
Two financial 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.
MERLO Thuisverpleging
Largest movements
- Cash -€10,080
down €10,080 (-78.2%), from €12,896 to €2,816
mainly Receivables within one year (-€4,900) and Other debts (-€2,964)
- Receivables within one year +€4,900
up €4,900 (+64.6%), from €7,590 to €12,491
- Tangible fixed assets +€1,161
up €1,161 (+18.5%), from €6,293 to €7,454
- Other debts -€2,964
down €2,964 (-45.9%), from €6,452 to €3,488
- Tax, wage and social debts -€2,325
down €2,325 (-35.5%), from €6,555 to €4,230
- Reserves +€1,497
up €1,497 (+15.5%), from €9,642 to €11,139
- Financial charges -€944
down €944 (-22.2%), from €4,259 to €3,315
- Depreciation +€514
up €514 (+40.1%), from €1,281 to €1,796
- Gross operating margin -€246
down €246 (-2.8%), from €8,856 to €8,609
- Other operating charges +€141
up €141 (+24.5%), from €575 to €716
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.
Derived cash bridge
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 | €26,779 | €22,761 | -€4,018 | -15.0% |
| Fixed assets | 21/28 | €6,293 | €7,454 | +€1,161 | +18.5% |
| Tangible fixed assets | 22/27 | €6,293 | €7,454 | +€1,161 | +18.5% |
| Plant, machinery and equipment | 23 | €6,293 | €7,454 | +€1,161 | +18.5% |
| Current assets | 29/58 | €20,486 | €15,307 | -€5,180 | -25.3% |
| Amounts receivable within one year | 40/41 | €7,590 | €12,491 | +€4,900 | +64.6% |
| Trade receivables | 40 | €7,590 | €12,491 | +€4,900 | +64.6% |
| Cash at bank and in hand | 54/58 | €12,896 | €2,816 | -€10,080 | -78.2% |
| Total equity and liabilities | 10/49 | €26,779 | €22,761 | -€4,018 | -15.0% |
| Equity | 10/15 | €12,642 | €14,139 | +€1,497 | +11.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,642 | €11,139 | +€1,497 | +15.5% |
| Distributable reserves | 133 | €9,642 | €11,139 | +€1,497 | +15.5% |
| Amounts payable | 17/49 | €14,137 | €8,622 | -€5,515 | -39.0% |
| Amounts payable within one year | 42/48 | €14,137 | €8,622 | -€5,515 | -39.0% |
| Trade debts | 44 | €1,130 | €904 | -€227 | -20.0% |
| Suppliers | 440/4 | €1,130 | €904 | -€227 | -20.0% |
| Taxes, remuneration and social security | 45 | €6,555 | €4,230 | -€2,325 | -35.5% |
| Taxes | 450/3 | €6,555 | €4,230 | -€2,325 | -35.5% |
| Other amounts payable | 47/48 | €6,452 | €3,488 | -€2,964 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,281 | €1,796 | +€514 | +40.1% |
| Other operating charges | 640/8 | €575 | €716 | +€141 | +24.5% |
| Gross operating margin | 9900 | €8,856 | €8,609 | -€246 | -2.8% |
| Operating profit (loss) | 9901 | €6,999 | €6,098 | -€902 | -12.9% |
| Financial income | 75/76B | €10 | €75 | +€65 | +638% |
| Recurring financial income | 75 | €10 | €75 | +€65 | +638% |
| Financial charges | 65/66B | €4,259 | €3,315 | -€944 | -22.2% |
| Recurring financial charges | 65 | €4,259 | €3,315 | -€944 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €2,750 | €2,858 | +€108 | +3.9% |
| Income taxes | 67/77 | €1,369 | €1,361 | -€8 | -0.6% |
| Profit (loss) for the period | 9904 | €1,381 | €1,497 | +€116 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,381 | €1,497 | +€116 | +8.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.