Meulepas Kathleen bv: what changed
Meulepas Kathleen bv
Largest movements
- Tangible fixed assets +€595,622
up €595,622 (+421%), from €141,372 to €736,994
of which Land and buildings: +€617,129
- Cash -€263,353
down €263,353 (-85.8%), from €307,061 to €43,707
mainly Investment in fixed assets (net) (-€710,706) and Other debts (-€83,181)
- Current investments -€45,940
down €45,940 (-10.3%), from €447,162 to €401,222
- Debts after one year +€279,635
up €279,635 (+1,457%), from €19,189 to €298,824
- Other debts -€83,181
down €83,181 (-30.7%), from €271,302 to €188,121
- Reserves +€70,272
up €70,272 (+13.2%), from €530,973 to €601,245
- Current portion of long-term debt +€32,166
up €32,166 (+238%), from €13,505 to €45,671
- Depreciation +€81,889
up €81,889 (+247%), from €33,195 to €115,084
- Gross operating margin +€54,980
up €54,980 (+12.6%), from €435,965 to €490,944
- Financial income -€35,306
down €35,306 (-70.0%), from €50,429 to €15,123
- Taxes -€25,650
down €25,650 (-42.2%), from €60,807 to €35,157
- Financial charges +€6,462
up €6,462 (+30.2%), from €21,377 to €27,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €945,675 | €1,232,453 | +€286,778 | +30.3% |
| Fixed assets | 21/28 | €141,372 | €736,994 | +€595,622 | +421% |
| Tangible fixed assets | 22/27 | €141,372 | €736,994 | +€595,622 | +421% |
| Land and buildings | 22 | €91,000 | €708,129 | +€617,129 | +678% |
| Plant, machinery and equipment | 23 | €2,265 | €1,773 | -€492 | -21.7% |
| Furniture and vehicles | 24 | €16,751 | €3,246 | -€13,505 | -80.6% |
| Other tangible fixed assets | 26 | €31,356 | €23,846 | -€7,510 | -23.9% |
| Current assets | 29/58 | €804,303 | €495,459 | -€308,844 | -38.4% |
| Amounts receivable within one year | 40/41 | €9,732 | €10,270 | +€538 | +5.5% |
| Other amounts receivable | 41 | €9,732 | €10,270 | +€538 | +5.5% |
| Current investments | 50/53 | €447,162 | €401,222 | -€45,940 | -10.3% |
| Cash at bank and in hand | 54/58 | €307,061 | €43,707 | -€263,353 | -85.8% |
| Deferred charges and accrued income | 490/1 | €40,348 | €40,260 | -€88 | -0.2% |
| Total equity and liabilities | 10/49 | €945,675 | €1,232,453 | +€286,778 | +30.3% |
| Equity | 10/15 | €549,573 | €619,845 | +€70,272 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €530,973 | €601,245 | +€70,272 | +13.2% |
| Distributable reserves | 133 | €530,973 | €601,245 | +€70,272 | +13.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €396,101 | €612,608 | +€216,507 | +54.7% |
| Amounts payable after more than one year | 17 | €19,189 | €298,824 | +€279,635 | +1,457% |
| Financial debts | 170/4 | €19,189 | €298,824 | +€279,635 | +1,457% |
| Amounts payable within one year | 42/48 | €376,912 | €313,784 | -€63,128 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €13,505 | €45,671 | +€32,166 | +238% |
| Trade debts | 44 | €16,843 | €15,559 | -€1,284 | -7.6% |
| Suppliers | 440/4 | €16,843 | €15,559 | -€1,284 | -7.6% |
| Taxes, remuneration and social security | 45 | €75,262 | €64,433 | -€10,829 | -14.4% |
| Taxes | 450/3 | €38,292 | €34,966 | -€3,325 | -8.7% |
| Remuneration and social security | 454/9 | €36,970 | €29,467 | -€7,503 | -20.3% |
| Other amounts payable | 47/48 | €271,302 | €188,121 | -€83,181 | -30.7% |
| Remuneration, social security and pensions | 62 | €246,819 | €252,764 | +€5,945 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,195 | €115,084 | +€81,889 | +247% |
| Other operating charges | 640/8 | €3,992 | €4,952 | +€960 | +24.0% |
| Gross operating margin | 9900 | €435,965 | €490,944 | +€54,980 | +12.6% |
| Operating profit (loss) | 9901 | €151,959 | €118,145 | -€33,814 | -22.3% |
| Financial income | 75/76B | €50,429 | €15,123 | -€35,306 | -70.0% |
| Recurring financial income | 75 | €50,429 | €15,123 | -€35,306 | -70.0% |
| Financial charges | 65/66B | €21,377 | €27,839 | +€6,462 | +30.2% |
| Recurring financial charges | 65 | €21,377 | €27,839 | +€6,462 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €181,011 | €105,428 | -€75,583 | -41.8% |
| Income taxes | 67/77 | €60,807 | €35,157 | -€25,650 | -42.2% |
| Profit (loss) for the period | 9904 | €120,204 | €70,272 | -€49,933 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €120,204 | €70,272 | -€49,933 | -41.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.