MEULEMAN PROJECTEN: 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.
MEULEMAN PROJECTEN
Largest movements
- Tangible fixed assets -€2,085
down €2,085 (-16.8%), from €12,438 to €10,353
of which Plant, machinery and equipment: -€1,863
- Receivables within one year +€831
up €831 (+7.7%), from €10,864 to €11,695
of which Other amounts receivable: +€1,504
- Profit (loss) carried forward -€11,038
down €11,038 (-73.0%), from -€15,128 to -€26,166
- Other debts +€10,498
up €10,498 (+51.7%), from €20,316 to €30,814
- Trade debts -€751
down €751 (-68.9%), from €1,090 to €339
- Depreciation -€1,471
down €1,471 (-41.4%), from €3,556 to €2,085
- Gross operating margin +€1,253
up €1,253 (+13.0%), from -€9,640 to -€8,387
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,828 | €23,537 | -€1,291 | -5.2% |
| Fixed assets | 21/28 | €12,438 | €10,353 | -€2,085 | -16.8% |
| Tangible fixed assets | 22/27 | €12,438 | €10,353 | -€2,085 | -16.8% |
| Plant, machinery and equipment | 23 | €11,378 | €9,514 | -€1,863 | -16.4% |
| Furniture and vehicles | 24 | €1,061 | €839 | -€222 | -20.9% |
| Current assets | 29/58 | €12,389 | €13,183 | +€794 | +6.4% |
| Amounts receivable within one year | 40/41 | €10,864 | €11,695 | +€831 | +7.7% |
| Trade receivables | 40 | €10,378 | €9,705 | -€673 | -6.5% |
| Other amounts receivable | 41 | €486 | €1,990 | +€1,504 | +309% |
| Cash at bank and in hand | 54/58 | €1,526 | €1,489 | -€37 | -2.4% |
| Total equity and liabilities | 10/49 | €24,828 | €23,537 | -€1,291 | -5.2% |
| Equity | 10/15 | €3,422 | -€7,616 | -€11,038 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,128 | -€26,166 | -€11,038 | -73.0% |
| Amounts payable | 17/49 | €21,405 | €31,152 | +€9,747 | +45.5% |
| Amounts payable within one year | 42/48 | €21,405 | €31,152 | +€9,747 | +45.5% |
| Trade debts | 44 | €1,090 | €339 | -€751 | -68.9% |
| Suppliers | 440/4 | €1,090 | €339 | -€751 | -68.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,316 | €30,814 | +€10,498 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,556 | €2,085 | -€1,471 | -41.4% |
| Other operating charges | 640/8 | €451 | €515 | +€64 | +14.3% |
| Gross operating margin | 9900 | -€9,640 | -€8,387 | +€1,253 | +13.0% |
| Operating profit (loss) | 9901 | -€13,647 | -€10,987 | +€2,660 | +19.5% |
| Financial charges | 65/66B | €65 | €51 | -€14 | -22.1% |
| Recurring financial charges | 65 | €65 | €51 | -€14 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,712 | -€11,038 | +€2,674 | +19.5% |
| Profit (loss) for the period | 9904 | -€13,712 | -€11,038 | +€2,674 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,712 | -€11,038 | +€2,674 | +19.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.