Meus & Co: 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.
Meus & Co
Largest movements
- Cash -€41,511
down €41,511 (-67.1%), from €61,819 to €20,308
mainly Net result for the year (-€55,295) and Investment in fixed assets (net) (-€18,941)
- Receivables within one year +€10,543
up €10,543 (+117%), from €9,020 to €19,563
of which Other amounts receivable: +€10,466
- Current investments -€8,408
down €8,408 (-37.2%), from €22,621 to €14,213
- Deferred charges and accrued income +€7,965
up €7,965 (+256%), from €3,116 to €11,081
- Profit (loss) carried forward -€55,295
down €55,295, from €4,637 to -€50,658
- Trade debts +€16,609
up €16,609 (+19.6%), from €84,578 to €101,187
- Current portion of long-term debt +€11,203
up €11,203 (+132%), from €8,473 to €19,676
- Tax, wage and social debts -€2,706
down €2,706 (-14.2%), from €19,040 to €16,335
of which Taxes: -€5,514
- Other operating charges +€53,624
up €53,624 (+3,233%), from €1,658 to €55,283
- Gross operating margin -€19,875
down €19,875 (-10.1%), from €196,393 to €176,518
- Taxes -€5,523
down €5,523 (-100%), from €5,523 to €0
- Financial charges -€2,293
down €2,293 (-33.4%), from €6,856 to €4,564
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 | €162,594 | €132,150 | -€30,445 | -18.7% |
| Fixed assets | 21/28 | €66,018 | €66,984 | +€966 | +1.5% |
| Tangible fixed assets | 22/27 | €54,261 | €55,227 | +€966 | +1.8% |
| Land and buildings | 22 | €6,505 | €5,086 | -€1,418 | -21.8% |
| Plant, machinery and equipment | 23 | €22,655 | €28,521 | +€5,866 | +25.9% |
| Furniture and vehicles | 24 | €25,101 | €19,805 | -€5,296 | -21.1% |
| Other tangible fixed assets | 26 | - | €1,815 | +€1,815 | |
| Financial fixed assets | 28 | €11,757 | €11,757 | = | 0.0% |
| Current assets | 29/58 | €96,576 | €65,165 | -€31,411 | -32.5% |
| Amounts receivable within one year | 40/41 | €9,020 | €19,563 | +€10,543 | +117% |
| Trade receivables | 40 | - | €77 | +€77 | |
| Other amounts receivable | 41 | €9,020 | €19,486 | +€10,466 | +116% |
| Current investments | 50/53 | €22,621 | €14,213 | -€8,408 | -37.2% |
| Cash at bank and in hand | 54/58 | €61,819 | €20,308 | -€41,511 | -67.1% |
| Deferred charges and accrued income | 490/1 | €3,116 | €11,081 | +€7,965 | +256% |
| Total equity and liabilities | 10/49 | €162,594 | €132,150 | -€30,445 | -18.7% |
| Equity | 10/15 | €44,627 | -€10,668 | -€55,295 | |
| Contributions | 10/11 | €39,990 | €39,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,637 | -€50,658 | -€55,295 | |
| Amounts payable | 17/49 | €117,967 | €142,817 | +€24,850 | +21.1% |
| Amounts payable after more than one year | 17 | €5,603 | €4,475 | -€1,128 | -20.1% |
| Financial debts | 170/4 | €5,603 | €4,475 | -€1,128 | -20.1% |
| Amounts payable within one year | 42/48 | €112,300 | €138,342 | +€26,042 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €8,473 | €19,676 | +€11,203 | +132% |
| Financial debts | 43 | €209 | €1,145 | +€936 | +447% |
| Credit institutions | 430/8 | €209 | €1,145 | +€936 | +447% |
| Trade debts | 44 | €84,578 | €101,187 | +€16,609 | +19.6% |
| Suppliers | 440/4 | €84,578 | €101,187 | +€16,609 | +19.6% |
| Taxes, remuneration and social security | 45 | €19,040 | €16,335 | -€2,706 | -14.2% |
| Taxes | 450/3 | €5,514 | €0 | -€5,514 | -100% |
| Remuneration and social security | 454/9 | €13,526 | €16,335 | +€2,809 | +20.8% |
| Accrued charges and deferred income | 492/3 | €64 | €0 | -€64 | -100% |
| Remuneration, social security and pensions | 62 | €154,581 | €154,098 | -€483 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,640 | €17,975 | -€1,666 | -8.5% |
| Other operating charges | 640/8 | €1,658 | €55,283 | +€53,624 | +3,233% |
| Gross operating margin | 9900 | €196,393 | €176,518 | -€19,875 | -10.1% |
| Operating profit (loss) | 9901 | €20,513 | -€50,837 | -€71,350 | |
| Financial income | 75/76B | €91 | €106 | +€15 | +16.1% |
| Recurring financial income | 75 | €91 | €106 | +€15 | +16.1% |
| Financial charges | 65/66B | €6,856 | €4,564 | -€2,293 | -33.4% |
| Recurring financial charges | 65 | €6,856 | €4,564 | -€2,293 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €13,748 | -€55,295 | -€69,043 | |
| Income taxes | 67/77 | €5,523 | €0 | -€5,523 | -100% |
| Profit (loss) for the period | 9904 | €8,225 | -€55,295 | -€63,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,225 | -€55,295 | -€63,520 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.