MEUBEL CONCEPT: 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.
MEUBEL CONCEPT
Largest movements
- Stocks and contracts +€21,901
up €21,901 (+16.6%), from €132,056 to €153,957
- Receivables within one year -€13,338
down €13,338 (-23.4%), from €57,004 to €43,667
of which Trade receivables: -€7,822
- Tax, wage and social debts -€16,133
down €16,133 (-25.4%), from €63,551 to €47,418
of which Taxes: -€14,065
- Profit (loss) carried forward +€15,903
up €15,903, from -€2,466 to €13,436
- Other debts +€5,013
up €5,013 (+66.1%), from €7,580 to €12,594
- Trade debts +€3,595
up €3,595 (+3.8%), from €95,382 to €98,977
- Staff costs -€51,479
down €51,479 (-65.2%), from €78,912 to €27,434
- Gross operating margin -€28,748
down €28,748 (-33.3%), from €86,237 to €57,489
- Taxes +€4,625
up €4,625 (+237%), from €1,953 to €6,578
- Financial charges +€1,584
up €1,584 (+67.0%), from €2,366 to €3,950
- Other operating charges +€1,435
up €1,435 (+101%), from €1,422 to €2,857
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 | €196,133 | €205,625 | +€9,492 | +4.8% |
| Fixed assets | 21/28 | €3,188 | €4,899 | +€1,711 | +53.7% |
| Tangible fixed assets | 22/27 | €3,058 | €4,769 | +€1,711 | +55.9% |
| Land and buildings | 22 | €2,251 | €1,801 | -€450 | -20.0% |
| Other tangible fixed assets | 26 | €807 | €2,967 | +€2,161 | +268% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €192,945 | €200,726 | +€7,782 | +4.0% |
| Stocks and contracts in progress | 3 | €132,056 | €153,957 | +€21,901 | +16.6% |
| Stocks | 30/36 | €132,056 | €153,957 | +€21,901 | +16.6% |
| Amounts receivable within one year | 40/41 | €57,004 | €43,667 | -€13,338 | -23.4% |
| Trade receivables | 40 | €40,246 | €32,423 | -€7,822 | -19.4% |
| Other amounts receivable | 41 | €16,759 | €11,243 | -€5,515 | -32.9% |
| Cash at bank and in hand | 54/58 | €514 | €1,445 | +€931 | +181% |
| Deferred charges and accrued income | 490/1 | €3,371 | €1,658 | -€1,713 | -50.8% |
| Total equity and liabilities | 10/49 | €196,133 | €205,625 | +€9,492 | +4.8% |
| Equity | 10/15 | €19,534 | €35,436 | +€15,903 | +81.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,466 | €13,436 | +€15,903 | |
| Amounts payable | 17/49 | €176,599 | €170,188 | -€6,411 | -3.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €176,599 | €170,188 | -€6,411 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €1,537 | €0 | -€1,537 | -100% |
| Financial debts | 43 | €8,549 | €9,454 | +€905 | +10.6% |
| Credit institutions | 430/8 | €8,549 | €9,454 | +€905 | +10.6% |
| Trade debts | 44 | €95,382 | €98,977 | +€3,595 | +3.8% |
| Suppliers | 440/4 | €95,382 | €98,977 | +€3,595 | +3.8% |
| Advances received on contracts in progress | 46 | - | €1,745 | +€1,745 | |
| Taxes, remuneration and social security | 45 | €63,551 | €47,418 | -€16,133 | -25.4% |
| Taxes | 450/3 | €20,643 | €6,578 | -€14,065 | -68.1% |
| Remuneration and social security | 454/9 | €42,907 | €40,840 | -€2,068 | -4.8% |
| Other amounts payable | 47/48 | €7,580 | €12,594 | +€5,013 | +66.1% |
| Remuneration, social security and pensions | 62 | €78,912 | €27,434 | -€51,479 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €830 | €789 | -€40 | -4.9% |
| Other operating charges | 640/8 | €1,422 | €2,857 | +€1,435 | +101% |
| Gross operating margin | 9900 | €86,237 | €57,489 | -€28,748 | -33.3% |
| Operating profit (loss) | 9901 | €5,072 | €26,408 | +€21,336 | +421% |
| Financial income | 75/76B | €73 | €23 | -€50 | -68.7% |
| Recurring financial income | 75 | €73 | €23 | -€50 | -68.7% |
| Financial charges | 65/66B | €2,366 | €3,950 | +€1,584 | +67.0% |
| Recurring financial charges | 65 | €2,366 | €3,950 | +€1,584 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €2,779 | €22,481 | +€19,702 | +709% |
| Income taxes | 67/77 | €1,953 | €6,578 | +€4,625 | +237% |
| Profit (loss) for the period | 9904 | €826 | €15,903 | +€15,077 | +1,826% |
| Profit (loss) for the period to be appropriated | 9905 | €826 | €15,903 | +€15,077 | +1,826% |
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 26 October 2026 via checked.be.