MEUSE LOISIRS: what changed
What changed
MEUSE LOISIRS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€206,370
2024 · -€224,611+€18,241
Equity
-€385,635
2024 · -€179,264-€206,370
Cash
€14,889
2024 · €43,205-€28,316
Balance sheet total
€2.7m
2024 · €2.6m+€112,372
Largest movements
Assets
- Tangible fixed assets +€173,413
up €173,413 (+7.0%), from €2.5m to €2.7m
of which Assets under construction and advance payments: +€244,963
- Receivables within one year -€32,342
down €32,342 (-96.6%), from €33,480 to €1,138
- Cash -€28,316
down €28,316 (-65.5%), from €43,205 to €14,889
mainly Investment in fixed assets (net) (-€244,963) and Net result for the year (-€206,370)
Equity and liabilities
- Other debts +€327,046
up €327,046 (+45.1%), from €724,510 to €1.1m
- Profit (loss) carried forward -€206,370
down €206,370 (-54.4%), from -€379,264 to -€585,635
Income statement
- Financial charges -€26,862
down €26,862 (-20.6%), from €130,288 to €103,426
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.
Result 2024
-€224,611
Other operating charges
+€178
Other operating items
-€8,800
Financial charges
+€26,862
Result 2025
-€206,370
raises the resultnot broken down further in the accounts
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.
From operations
+€216,647
Investment
-€244,963
Financing
€0
Cash 2024
€43,205
From operations (derived)
+€216,647
Net result for the year
-€206,370
Depreciation
+€71,934
Receivables within one year
+€32,342
Trade debts
-€4,691
Tax, wage and social debts
+€107
Other debts
+€327,046
Accrued charges and deferred income
-€3,721
Investment (derived)
-€244,963
Investment in fixed assets (net)
-€244,963
Cash 2025
€14,889
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,559,133 | €2,671,505 | +€112,372 | +4.4% |
| Formation expenses | 20 | €1,161 | €778 | -€383 | -33.0% |
| Fixed assets | 21/28 | €2,481,288 | €2,654,700 | +€173,413 | +7.0% |
| Tangible fixed assets | 22/27 | €2,481,288 | €2,654,700 | +€173,413 | +7.0% |
| Land and buildings | 22 | €2,101,177 | €2,029,627 | -€71,550 | -3.4% |
| Assets under construction and advance payments | 27 | €380,110 | €625,073 | +€244,963 | +64.4% |
| Current assets | 29/58 | €76,685 | €16,027 | -€60,658 | -79.1% |
| Amounts receivable within one year | 40/41 | €33,480 | €1,138 | -€32,342 | -96.6% |
| Other amounts receivable | 41 | €33,480 | €1,138 | -€32,342 | -96.6% |
| Cash at bank and in hand | 54/58 | €43,205 | €14,889 | -€28,316 | -65.5% |
| Total equity and liabilities | 10/49 | €2,559,133 | €2,671,505 | +€112,372 | +4.4% |
| Equity | 10/15 | -€179,264 | -€385,635 | -€206,370 | -115% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€379,264 | -€585,635 | -€206,370 | -54.4% |
| Amounts payable | 17/49 | €2,738,398 | €3,057,139 | +€318,742 | +11.6% |
| Amounts payable within one year | 42/48 | €2,734,609 | €3,057,072 | +€322,463 | +11.8% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €10,099 | €5,408 | -€4,691 | -46.4% |
| Suppliers | 440/4 | €10,099 | €5,408 | -€4,691 | -46.4% |
| Taxes, remuneration and social security | 45 | - | €107 | +€107 | |
| Taxes | 450/3 | - | €107 | +€107 | |
| Other amounts payable | 47/48 | €724,510 | €1,051,556 | +€327,046 | +45.1% |
| Accrued charges and deferred income | 492/3 | €3,789 | €67 | -€3,721 | -98.2% |
| Operating income | 70/76A | €60,000 | €60,000 | = | 0.0% |
| Other operating income | 74 | €60,000 | €60,000 | = | 0.0% |
| Operating charges | 60/66A | €154,323 | €162,945 | +€8,622 | +5.6% |
| Services and other goods | 61 | €5,488 | €14,288 | +€8,800 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,934 | €71,934 | = | 0.0% |
| Other operating charges | 640/8 | €76,901 | €76,723 | -€178 | -0.2% |
| Operating profit (loss) | 9901 | -€94,323 | -€102,945 | -€8,622 | -9.1% |
| Financial charges | 65/66B | €130,288 | €103,426 | -€26,862 | -20.6% |
| Recurring financial charges | 65 | €130,288 | €103,426 | -€26,862 | -20.6% |
| Debt charges | 650 | €130,288 | €103,426 | -€26,862 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€224,611 | -€206,370 | +€18,241 | +8.1% |
| Profit (loss) for the period | 9904 | -€224,611 | -€206,370 | +€18,241 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€224,611 | -€206,370 | +€18,241 | +8.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 7 November 2026 via checked.be.