Meurice Engineering: 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.
Meurice Engineering
Largest movements
- Cash +€34,438
up €34,438 (+530.3%), from €6,494 to €40,931
mainly Net result for the year (+€27,621) and Tax, wage and social debts (+€4,731)
- Tangible fixed assets +€1,660
up €1,660 (+41.8%), from €3,973 to €5,634
of which Furniture and vehicles: +€1,792
- Receivables within one year -€975
down €975 (-4.9%), from €19,699 to €18,724
of which Trade receivables: -€1,581
- Profit (loss) carried forward +€26,762
up €26,762 (+117.8%), from €22,719 to €49,481
- Tax, wage and social debts +€4,731
up €4,731 (+93.8%), from €5,045 to €9,775
- Debts after one year +€3,217
up €3,217 (+8041.6%), from €40 to €3,257
- Gross operating margin +€6,505
up €6,505 (+19.7%), from €33,086 to €39,591
- Depreciation +€1,207
up €1,207 (+376.7%), from €320 to €1,528
- Taxes +€1,151
up €1,151 (+17.7%), from €6,494 to €7,644
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.
Cash bridge derived
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 | €31,641 | €66,991 | +€35,350 | +111.7% |
| Fixed assets | 21/28 | €3,973 | €5,634 | +€1,660 | +41.8% |
| Tangible fixed assets | 22/27 | €3,973 | €5,634 | +€1,660 | +41.8% |
| Furniture and vehicles | 24 | €2,768 | €4,560 | +€1,792 | +64.8% |
| Other tangible fixed assets | 26 | €1,206 | €1,074 | -€132 | -10.9% |
| Current assets | 29/58 | €27,668 | €61,357 | +€33,689 | +121.8% |
| Amounts receivable within one year | 40/41 | €19,699 | €18,724 | -€975 | -4.9% |
| Trade receivables | 40 | €19,699 | €18,118 | -€1,581 | -8.0% |
| Other amounts receivable | 41 | - | €606 | +€606 | |
| Cash at bank and in hand | 54/58 | €6,494 | €40,931 | +€34,438 | +530.3% |
| Deferred charges and accrued income | 490/1 | €1,475 | €1,702 | +€226 | +15.3% |
| Total equity and liabilities | 10/49 | €31,641 | €66,991 | +€35,350 | +111.7% |
| Equity | 10/15 | €24,719 | €51,481 | +€26,762 | +108.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,719 | €49,481 | +€26,762 | +117.8% |
| Amounts payable | 17/49 | €6,922 | €15,510 | +€8,588 | +124.1% |
| Amounts payable after more than one year | 17 | €40 | €3,257 | +€3,217 | +8041.6% |
| Other amounts payable | 178/9 | €40 | €3,257 | +€3,217 | +8041.6% |
| Amounts payable within one year | 42/48 | €6,882 | €12,253 | +€5,371 | +78.1% |
| Trade debts | 44 | €1,037 | €1,619 | +€582 | +56.1% |
| Suppliers | 440/4 | €1,037 | €1,619 | +€582 | +56.1% |
| Taxes, remuneration and social security | 45 | €5,045 | €9,775 | +€4,731 | +93.8% |
| Taxes | 450/3 | €5,045 | €9,775 | +€4,731 | +93.8% |
| Other amounts payable | 47/48 | €800 | €859 | +€59 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €1,528 | +€1,207 | +376.7% |
| Other operating charges | 640/8 | €789 | €574 | -€215 | -27.3% |
| Gross operating margin | 9900 | €33,086 | €39,591 | +€6,505 | +19.7% |
| Operating profit (loss) | 9901 | €31,976 | €37,489 | +€5,513 | +17.2% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €1,989 | €2,225 | +€235 | +11.8% |
| Recurring financial charges | 65 | €1,989 | €2,225 | +€235 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €30,013 | €35,265 | +€5,252 | +17.5% |
| Income taxes | 67/77 | €6,494 | €7,644 | +€1,151 | +17.7% |
| Profit (loss) for the period | 9904 | €23,519 | €27,621 | +€4,101 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,519 | €27,621 | +€4,101 | +17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.