MEULEMAN: what changed
Two fiscal 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.
What changed
MEULEMAN
NACE 43.333, Wallpapering and laying of floor and wall coverings in other materials
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€43,735
2023 · -€17,230-€26,504
Equity
€849,211
2023 · €892,945-€43,735
Cash
€130,372
2023 · €85,849+€44,522
Balance sheet total
€1.3m
2023 · €1.3m-€45,851
Largest movements
Assets
- Receivables within one year -€77,809
down €77,809 (-13.5%), from €576,884 to €499,075
of which Other amounts receivable: -€77,809
- Cash +€44,522
up €44,522 (+51.9%), from €85,849 to €130,372
mainly Receivables within one year (+€77,809) and Tax, wage and social debts (+€17,453)
Equity and liabilities
- Profit (loss) carried forward -€43,735
down €43,735 (-18.7%), from €233,593 to €189,859
- Other debts -€43,717
down €43,717 (-93.0%), from €47,002 to €3,286
- Tax, wage and social debts +€17,453
up €17,453, from €0 to €17,453
Income statement
- Turnover -€573,795
down €573,795 (-99.9%), from €574,640 to €845
- Goods and materials -€517,674
down €517,674 (-93.8%), from €551,827 to €34,153
- Write-downs -€183,784
down €183,784, from €0 to -€183,784
- Other operating charges +€183,709
up €183,709 (+15478.9%), from €1,187 to €184,896
- Services and other goods -€29,058
down €29,058 (-43.9%), from €66,129 to €37,071
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.
Result 2023
-€17,230
Turnover
-€573,795
Other operating income
+€26,345
Goods and materials
+€517,674
Services and other goods
+€29,058
Write-downs
+€183,784
Other operating charges
-€183,709
Other operating items
-€29,925
Financial income
+€6,075
Financial charges
-€2,011
Result 2024
-€43,735
Cash bridge derived
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.
From operations
+€44,522
Investment
€0
Financing
€0
Cash 2023
€85,849
From operations (derived)
+€44,522
Net result for the year
-€43,735
Stocks and contracts
+€12,565
Receivables within one year
+€77,809
Trade debts
+€12,408
Tax, wage and social debts
+€17,453
Advances received
+€11,738
Other debts
-€43,717
Cash 2024
€130,372
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,311,613 | €1,265,762 | -€45,851 | -3.5% |
| Fixed assets | 21/28 | €217,530 | €217,530 | = | 0.0% |
| Financial fixed assets | 28 | €217,530 | €217,530 | = | 0.0% |
| Other financial fixed assets | 284/8 | €217,530 | €217,530 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €217,530 | €217,530 | = | 0.0% |
| Current assets | 29/58 | €1,094,083 | €1,048,232 | -€45,851 | -4.2% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €49,146 | €36,581 | -€12,565 | -25.6% |
| Contracts in progress | 37 | €49,146 | €36,581 | -€12,565 | -25.6% |
| Amounts receivable within one year | 40/41 | €576,884 | €499,075 | -€77,809 | -13.5% |
| Trade receivables | 40 | €47,219 | €47,219 | = | 0.0% |
| Other amounts receivable | 41 | €529,664 | €451,856 | -€77,809 | -14.7% |
| Current investments | 50/53 | €32,204 | €32,204 | = | 0.0% |
| Other investments | 51/53 | €32,204 | €32,204 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,849 | €130,372 | +€44,522 | +51.9% |
| Total equity and liabilities | 10/49 | €1,311,613 | €1,265,762 | -€45,851 | -3.5% |
| Equity | 10/15 | €892,945 | €849,211 | -€43,735 | -4.9% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €59,352 | €59,352 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,500 | €38,500 | = | 0.0% |
| Legal reserve | 130 | €38,500 | €38,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,184 | €5,184 | = | 0.0% |
| Distributable reserves | 133 | €15,668 | €15,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,593 | €189,859 | -€43,735 | -18.7% |
| Amounts payable | 17/49 | €418,667 | €416,551 | -€2,117 | -0.5% |
| Amounts payable after more than one year | 17 | €52,500 | €52,500 | = | 0.0% |
| Financial debts | 170/4 | €52,500 | €52,500 | = | 0.0% |
| Other loans | 174 | €52,500 | €52,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,133 | €129,016 | -€2,117 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | €22,500 | = | 0.0% |
| Trade debts | 44 | €51,913 | €64,321 | +€12,408 | +23.9% |
| Suppliers | 440/4 | €51,913 | €64,321 | +€12,408 | +23.9% |
| Advances received on contracts in progress | 46 | €9,718 | €21,456 | +€11,738 | +120.8% |
| Taxes, remuneration and social security | 45 | €0 | €17,453 | +€17,453 | |
| Taxes | 450/3 | €0 | €17,453 | +€17,453 | |
| Other amounts payable | 47/48 | €47,002 | €3,286 | -€43,717 | -93.0% |
| Accrued charges and deferred income | 492/3 | €235,034 | €235,034 | = | 0.0% |
| Operating income | 70/76A | €593,456 | €16,082 | -€577,374 | -97.3% |
| Turnover | 70 | €574,640 | €845 | -€573,795 | -99.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €17,360 | -€12,565 | -€29,925 | |
| Other operating income | 74 | €1,457 | €27,802 | +€26,345 | +1808.4% |
| Operating charges | 60/66A | €619,142 | €72,336 | -€546,806 | -88.3% |
| Goods for resale, raw materials and consumables | 60 | €551,827 | €34,153 | -€517,674 | -93.8% |
| Purchases | 600/8 | €551,827 | €34,153 | -€517,674 | -93.8% |
| Services and other goods | 61 | €66,129 | €37,071 | -€29,058 | -43.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€183,784 | -€183,784 | |
| Other operating charges | 640/8 | €1,187 | €184,896 | +€183,709 | +15478.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€25,686 | -€56,254 | -€30,568 | -119.0% |
| Financial income | 75/76B | €12,169 | €18,245 | +€6,075 | +49.9% |
| Recurring financial income | 75 | €12,169 | €18,245 | +€6,075 | +49.9% |
| Income from financial fixed assets | 750 | €1,197 | €2,400 | +€1,203 | +100.5% |
| Income from current assets | 751 | €7,150 | €10,000 | +€2,850 | +39.9% |
| Other financial income | 752/9 | €3,822 | €5,845 | +€2,022 | +52.9% |
| Financial charges | 65/66B | €3,714 | €5,725 | +€2,011 | +54.2% |
| Recurring financial charges | 65 | €3,714 | €5,725 | +€2,011 | +54.2% |
| Debt charges | 650 | €1,088 | €1,088 | = | 0.0% |
| Other financial charges | 652/9 | €2,626 | €4,638 | +€2,011 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,230 | -€43,735 | -€26,504 | -153.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,230 | -€43,735 | -€26,504 | -153.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,230 | -€43,735 | -€26,504 | -153.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2023 and 30 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.