MERTY: 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.
MERTY
Largest movements
- Receivables within one year -€1,690
down €1,690 (-24.2%), from €6,975 to €5,285
- Profit (loss) carried forward -€1,254
down €1,254 (-9.0%), from -€13,908 to -€15,163
- Trade debts -€435
no longer reported in 2025 (was €435)
- Gross operating margin -€1,053
down €1,053 (-1190.7%), from -€88 to -€1,141
- Financial charges +€51
new in 2025: €51
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 | €6,978 | €5,288 | -€1,690 | -24.2% |
| Current assets | 29/58 | €6,978 | €5,288 | -€1,690 | -24.2% |
| Amounts receivable within one year | 40/41 | €6,975 | €5,285 | -€1,690 | -24.2% |
| Other amounts receivable | 41 | €6,975 | €5,285 | -€1,690 | -24.2% |
| Cash at bank and in hand | 54/58 | €3 | €3 | +€0 | +3.2% |
| Total equity and liabilities | 10/49 | €6,978 | €5,288 | -€1,690 | -24.2% |
| Equity | 10/15 | €6,543 | €5,288 | -€1,254 | -19.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,908 | -€15,163 | -€1,254 | -9.0% |
| Amounts payable | 17/49 | €435 | - | -€435 | |
| Amounts payable within one year | 42/48 | €435 | - | -€435 | |
| Trade debts | 44 | €435 | - | -€435 | |
| Suppliers | 440/4 | €435 | - | -€435 | |
| Non-recurring operating income | 76A | €411 | €329 | -€82 | -19.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | -€88 | -€1,141 | -€1,053 | -1190.7% |
| Operating profit (loss) | 9901 | -€150 | -€1,203 | -€1,053 | -700.0% |
| Financial charges | 65/66B | - | €51 | +€51 | |
| Recurring financial charges | 65 | - | €51 | +€51 | |
| Profit (loss) for the period before taxes | 9903 | -€150 | -€1,254 | -€1,104 | -733.9% |
| Profit (loss) for the period | 9904 | -€150 | -€1,254 | -€1,104 | -733.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | -€1,254 | -€1,104 | -733.9% |
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 12 October 2026 via checked.be.