MERYS: 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.
MERYS
Largest movements
- Receivables after one year +€139,000
up €139,000 (+185%), from €75,000 to €214,000
- Receivables within one year -€34,218
down €34,218 (-51.1%), from €66,919 to €32,701
of which Trade receivables: -€21,584
- Tangible fixed assets +€17,783
up €17,783 (+295%), from €6,027 to €23,810
- Stocks and contracts -€9,430
down €9,430 (-5.4%), from €175,795 to €166,365
- Deferred charges and accrued income -€6,813
no longer reported in 2024 (was €6,813)
- Trade debts +€99,409
up €99,409 (+55.2%), from €180,113 to €279,522
- Tax, wage and social debts +€17,425
up €17,425 (+16.6%), from €105,038 to €122,463
- Profit (loss) carried forward -€13,772
down €13,772 (-44.4%), from €31,023 to €17,251
- Gross operating margin -€11,542
down €11,542 (-27.0%), from €42,757 to €31,215
- Other operating charges +€10,272
up €10,272 (+59.6%), from €17,226 to €27,498
- Financial charges +€2,081
up €2,081 (+64.6%), from €3,222 to €5,303
- Financial income +€1,578
up €1,578 (+248%), from €636 to €2,214
- Depreciation +€1,427
up €1,427 (+43.2%), from €3,302 to €4,729
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.
Derived cash bridge
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 | €339,674 | €446,732 | +€107,058 | +31.5% |
| Fixed assets | 21/28 | €14,382 | €32,165 | +€17,783 | +124% |
| Tangible fixed assets | 22/27 | €6,027 | €23,810 | +€17,783 | +295% |
| Furniture and vehicles | 24 | €6,027 | €23,810 | +€17,783 | +295% |
| Financial fixed assets | 28 | €8,355 | €8,355 | = | 0.0% |
| Current assets | 29/58 | €325,292 | €414,567 | +€89,275 | +27.4% |
| Amounts receivable after more than one year | 29 | €75,000 | €214,000 | +€139,000 | +185% |
| Other amounts receivable | 291 | €75,000 | €214,000 | +€139,000 | +185% |
| Stocks and contracts in progress | 3 | €175,795 | €166,365 | -€9,430 | -5.4% |
| Stocks | 30/36 | €175,795 | €166,365 | -€9,430 | -5.4% |
| Amounts receivable within one year | 40/41 | €66,919 | €32,701 | -€34,218 | -51.1% |
| Trade receivables | 40 | €53,109 | €31,525 | -€21,584 | -40.6% |
| Other amounts receivable | 41 | €13,811 | €1,176 | -€12,634 | -91.5% |
| Cash at bank and in hand | 54/58 | €765 | €1,501 | +€735 | +96.1% |
| Deferred charges and accrued income | 490/1 | €6,813 | - | -€6,813 | |
| Total equity and liabilities | 10/49 | €339,674 | €446,732 | +€107,058 | +31.5% |
| Equity | 10/15 | €43,523 | €29,751 | -€13,772 | -31.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | - | -€12,500 | |
| Other | 1109/19 | €12,500 | - | -€12,500 | |
| Profit (loss) carried forward | 14 | €31,023 | €17,251 | -€13,772 | -44.4% |
| Amounts payable | 17/49 | €296,151 | €416,982 | +€120,830 | +40.8% |
| Amounts payable within one year | 42/48 | €296,151 | €416,982 | +€120,830 | +40.8% |
| Trade debts | 44 | €180,113 | €279,522 | +€99,409 | +55.2% |
| Suppliers | 440/4 | €180,113 | €279,522 | +€99,409 | +55.2% |
| Advances received on contracts in progress | 46 | €11,000 | €11,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €105,038 | €122,463 | +€17,425 | +16.6% |
| Taxes | 450/3 | €105,038 | €122,463 | +€17,425 | +16.6% |
| Other amounts payable | 47/48 | - | €3,997 | +€3,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,302 | €4,729 | +€1,427 | +43.2% |
| Other operating charges | 640/8 | €17,226 | €27,498 | +€10,272 | +59.6% |
| Gross operating margin | 9900 | €42,757 | €31,215 | -€11,542 | -27.0% |
| Operating profit (loss) | 9901 | €22,230 | -€1,012 | -€23,242 | |
| Financial income | 75/76B | €636 | €2,214 | +€1,578 | +248% |
| Recurring financial income | 75 | €636 | €2,214 | +€1,578 | +248% |
| Financial charges | 65/66B | €3,222 | €5,303 | +€2,081 | +64.6% |
| Recurring financial charges | 65 | €3,222 | €5,303 | +€2,081 | +64.6% |
| Profit (loss) for the period before taxes | 9903 | €19,643 | -€4,102 | -€23,745 | |
| Income taxes | 67/77 | €8,539 | €9,670 | +€1,132 | +13.3% |
| Profit (loss) for the period | 9904 | €11,104 | -€13,772 | -€24,877 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,104 | -€13,772 | -€24,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.