MEUNIER IMMO: 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.
MEUNIER IMMO
Largest movements
- Cash +€11,640
up €11,640 (+17.1%), from €68,176 to €79,816
mainly Net result for the year (+€52,403) and Other debts (+€9,900)
- Deferred charges and accrued income -€8,813
no longer reported in 2025 (was €8,813)
- Other debts +€9,900
up €9,900 (+24.7%), from €40,100 to €50,000
- Trade debts -€6,971
down €6,971 (-79.1%), from €8,813 to €1,842
- Tax, wage and social debts -€2,804
down €2,804 (-53.2%), from €5,271 to €2,468
- Profit (loss) carried forward +€2,403
up €2,403 (+66.1%), from €3,633 to €6,036
- Depreciation -€6,037
down €6,037 (-84.9%), from €7,107 to €1,070
- Gross operating margin +€5,694
up €5,694 (+7.6%), from €74,765 to €80,459
- Taxes +€2,696
up €2,696 (+18.3%), from €14,771 to €17,468
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 | €126,118 | €128,546 | +€2,428 | +1.9% |
| Fixed assets | 21/28 | €49,127 | €48,058 | -€1,069 | -2.2% |
| Tangible fixed assets | 22/27 | €49,127 | €48,058 | -€1,069 | -2.2% |
| Land and buildings | 22 | €49,127 | €48,058 | -€1,069 | -2.2% |
| Current assets | 29/58 | €76,991 | €80,488 | +€3,497 | +4.5% |
| Amounts receivable within one year | 40/41 | €1 | €672 | +€671 | +53,217% |
| Other amounts receivable | 41 | €1 | €672 | +€671 | +53,217% |
| Cash at bank and in hand | 54/58 | €68,176 | €79,816 | +€11,640 | +17.1% |
| Deferred charges and accrued income | 490/1 | €8,813 | - | -€8,813 | |
| Total equity and liabilities | 10/49 | €126,118 | €128,546 | +€2,428 | +1.9% |
| Equity | 10/15 | €71,833 | €74,236 | +€2,403 | +3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,633 | €6,036 | +€2,403 | +66.1% |
| Amounts payable | 17/49 | €54,285 | €54,310 | +€25 | 0.0% |
| Amounts payable within one year | 42/48 | €54,185 | €54,310 | +€125 | +0.2% |
| Trade debts | 44 | €8,813 | €1,842 | -€6,971 | -79.1% |
| Suppliers | 440/4 | €8,813 | €1,842 | -€6,971 | -79.1% |
| Taxes, remuneration and social security | 45 | €5,271 | €2,468 | -€2,804 | -53.2% |
| Taxes | 450/3 | €5,271 | €2,468 | -€2,804 | -53.2% |
| Other amounts payable | 47/48 | €40,100 | €50,000 | +€9,900 | +24.7% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,107 | €1,070 | -€6,037 | -84.9% |
| Other operating charges | 640/8 | €8,987 | €9,251 | +€264 | +2.9% |
| Gross operating margin | 9900 | €74,765 | €80,459 | +€5,694 | +7.6% |
| Operating profit (loss) | 9901 | €58,670 | €70,138 | +€11,467 | +19.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €281 | €267 | -€13 | -4.8% |
| Recurring financial charges | 65 | €281 | €267 | -€13 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €58,391 | €69,871 | +€11,480 | +19.7% |
| Income taxes | 67/77 | €14,771 | €17,468 | +€2,696 | +18.3% |
| Profit (loss) for the period | 9904 | €43,619 | €52,403 | +€8,784 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,619 | €52,403 | +€8,784 | +20.1% |
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 20 October 2026 via checked.be.