MEURS TRUCKS: what changed
MEURS TRUCKS
Largest movements
- Cash +€175,149
up €175,149 (+2,948%), from €5,941 to €181,090
mainly Debts after one year (+€360,280) and Trade debts (+€49,800)
- Receivables within one year +€130,055
up €130,055 (+108%), from €120,645 to €250,701
of which Trade receivables: +€107,764
- Stocks and contracts +€115,895
up €115,895 (+110%), from €105,433 to €221,328
- Tangible fixed assets -€9,321
down €9,321 (-4.0%), from €231,740 to €222,418
of which Land and buildings: -€22,153
- Debts after one year +€360,280
up €360,280 (+137%), from €263,275 to €623,554
of which Financial debts: +€360,280
- Trade debts +€49,800
up €49,800 (+59.8%), from €83,273 to €133,074
- Current portion of long-term debt -€17,850
down €17,850 (-36.4%), from €49,035 to €31,185
- Reserves +€11,987
up €11,987 (+30.2%), from €39,756 to €51,744
- Depreciation -€14,016
down €14,016 (-25.4%), from €55,103 to €41,086
- Gross operating margin -€9,349
down €9,349 (-10.3%), from €90,998 to €81,649
- Taxes +€4,220
up €4,220 (+111%), from €3,792 to €8,012
- Financial charges +€2,128
up €2,128 (+17.5%), from €12,155 to €14,283
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 | €464,029 | €876,099 | +€412,070 | +88.8% |
| Fixed assets | 21/28 | €232,010 | €222,688 | -€9,321 | -4.0% |
| Tangible fixed assets | 22/27 | €231,740 | €222,418 | -€9,321 | -4.0% |
| Land and buildings | 22 | €109,313 | €87,159 | -€22,153 | -20.3% |
| Plant, machinery and equipment | 23 | €17,044 | €19,557 | +€2,513 | +14.7% |
| Furniture and vehicles | 24 | €105,383 | €115,702 | +€10,319 | +9.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €232,019 | €653,411 | +€421,392 | +182% |
| Stocks and contracts in progress | 3 | €105,433 | €221,328 | +€115,895 | +110% |
| Stocks | 30/36 | €105,433 | €221,328 | +€115,895 | +110% |
| Amounts receivable within one year | 40/41 | €120,645 | €250,701 | +€130,055 | +108% |
| Trade receivables | 40 | €93,511 | €201,275 | +€107,764 | +115% |
| Other amounts receivable | 41 | €27,134 | €49,426 | +€22,292 | +82.2% |
| Cash at bank and in hand | 54/58 | €5,941 | €181,090 | +€175,149 | +2,948% |
| Deferred charges and accrued income | 490/1 | - | €293 | +€293 | |
| Total equity and liabilities | 10/49 | €464,029 | €876,099 | +€412,070 | +88.8% |
| Equity | 10/15 | €64,756 | €76,744 | +€11,987 | +18.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €39,756 | €51,744 | +€11,987 | +30.2% |
| Distributable reserves | 133 | €39,756 | €51,744 | +€11,987 | +30.2% |
| Amounts payable | 17/49 | €399,273 | €799,356 | +€400,083 | +100% |
| Amounts payable after more than one year | 17 | €263,275 | €623,554 | +€360,280 | +137% |
| Financial debts | 170/4 | €250,075 | €610,354 | +€360,280 | +144% |
| Other amounts payable | 178/9 | €13,200 | €13,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €134,387 | €173,104 | +€38,718 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €49,035 | €31,185 | -€17,850 | -36.4% |
| Trade debts | 44 | €83,273 | €133,074 | +€49,800 | +59.8% |
| Suppliers | 440/4 | €83,273 | €133,074 | +€49,800 | +59.8% |
| Taxes, remuneration and social security | 45 | €1,219 | €8,012 | +€6,793 | +557% |
| Taxes | 450/3 | €1,219 | €8,012 | +€6,793 | +557% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,611 | €2,697 | +€1,086 | +67.4% |
| Non-recurring operating income | 76A | €2,474 | €50,223 | +€47,749 | +1,930% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,103 | €41,086 | -€14,016 | -25.4% |
| Other operating charges | 640/8 | €5,149 | €5,688 | +€539 | +10.5% |
| Non-recurring operating charges | 66A | €86 | - | -€86 | |
| Gross operating margin | 9900 | €90,998 | €81,649 | -€9,349 | -10.3% |
| Operating profit (loss) | 9901 | €30,661 | €34,874 | +€4,214 | +13.7% |
| Financial income | 75/76B | €328 | €241 | -€86 | -26.3% |
| Recurring financial income | 75 | €328 | €241 | -€86 | -26.3% |
| Financial charges | 65/66B | €12,155 | €14,283 | +€2,128 | +17.5% |
| Recurring financial charges | 65 | €12,155 | €14,283 | +€2,128 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €18,833 | €20,833 | +€2,000 | +10.6% |
| Income taxes | 67/77 | €3,792 | €8,012 | +€4,220 | +111% |
| Profit (loss) for the period | 9904 | €15,041 | €12,820 | -€2,221 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,041 | €12,820 | -€2,221 | -14.8% |
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 5 November 2026 via checked.be.