MEUWIS GLASHANDEL: what changed
MEUWIS GLASHANDEL
Largest movements
- Stocks and contracts +€5,150
up €5,150 (+17.4%), from €29,560 to €34,710
- Receivables within one year +€4,312
up €4,312 (+31.1%), from €13,878 to €18,190
of which Trade receivables: +€4,026
- Cash -€2,247
down €2,247 (-1.5%), from €147,748 to €145,502
mainly Contributions, distributions and other (-€12,664) and Stocks and contracts (-€5,150)
- Trade debts +€8,613
up €8,613 (+688%), from €1,252 to €9,865
- Reserves -€3,363
down €3,363 (-2.1%), from €160,834 to €157,472
- Gross operating margin -€21,405
down €21,405 (-58.7%), from €36,496 to €15,091
- Taxes -€3,822
down €3,822 (-48.3%), from €7,914 to €4,092
- Depreciation -€3,432
down €3,432 (-64.5%), from €5,324 to €1,892
- Financial income +€1,459
up €1,459 (+374%), from €390 to €1,849
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 | €201,789 | €208,045 | +€6,255 | +3.1% |
| Fixed assets | 21/28 | €4,013 | €2,121 | -€1,892 | -47.1% |
| Tangible fixed assets | 22/27 | €4,013 | €2,121 | -€1,892 | -47.1% |
| Plant, machinery and equipment | 23 | €3,189 | €1,691 | -€1,498 | -47.0% |
| Furniture and vehicles | 24 | €824 | €431 | -€394 | -47.8% |
| Current assets | 29/58 | €197,776 | €205,923 | +€8,147 | +4.1% |
| Stocks and contracts in progress | 3 | €29,560 | €34,710 | +€5,150 | +17.4% |
| Stocks | 30/36 | €29,560 | €34,710 | +€5,150 | +17.4% |
| Amounts receivable within one year | 40/41 | €13,878 | €18,190 | +€4,312 | +31.1% |
| Trade receivables | 40 | €13,878 | €17,904 | +€4,026 | +29.0% |
| Other amounts receivable | 41 | - | €286 | +€286 | |
| Cash at bank and in hand | 54/58 | €147,748 | €145,502 | -€2,247 | -1.5% |
| Deferred charges and accrued income | 490/1 | €6,589 | €7,521 | +€932 | +14.1% |
| Total equity and liabilities | 10/49 | €201,789 | €208,045 | +€6,255 | +3.1% |
| Equity | 10/15 | €179,434 | €176,072 | -€3,363 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,834 | €157,472 | -€3,363 | -2.1% |
| Distributable reserves | 133 | €160,834 | €157,472 | -€3,363 | -2.1% |
| Amounts payable | 17/49 | €22,355 | €31,973 | +€9,618 | +43.0% |
| Amounts payable within one year | 42/48 | €22,355 | €31,973 | +€9,618 | +43.0% |
| Financial debts | 43 | €1,387 | €1,379 | -€8 | -0.6% |
| Credit institutions | 430/8 | €1,387 | €1,379 | -€8 | -0.6% |
| Trade debts | 44 | €1,252 | €9,865 | +€8,613 | +688% |
| Suppliers | 440/4 | €1,252 | €9,865 | +€8,613 | +688% |
| Taxes, remuneration and social security | 45 | €8,450 | €7,455 | -€994 | -11.8% |
| Taxes | 450/3 | €8,450 | €7,455 | -€994 | -11.8% |
| Other amounts payable | 47/48 | €11,266 | €13,273 | +€2,007 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,324 | €1,892 | -€3,432 | -64.5% |
| Other operating charges | 640/8 | €1,262 | €1,021 | -€241 | -19.1% |
| Gross operating margin | 9900 | €36,496 | €15,091 | -€21,405 | -58.7% |
| Operating profit (loss) | 9901 | €29,910 | €12,177 | -€17,733 | -59.3% |
| Financial income | 75/76B | €390 | €1,849 | +€1,459 | +374% |
| Recurring financial income | 75 | €390 | €1,849 | +€1,459 | +374% |
| Financial charges | 65/66B | €819 | €633 | -€186 | -22.7% |
| Recurring financial charges | 65 | €819 | €633 | -€186 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €29,481 | €13,393 | -€16,088 | -54.6% |
| Income taxes | 67/77 | €7,914 | €4,092 | -€3,822 | -48.3% |
| Profit (loss) for the period | 9904 | €21,567 | €9,301 | -€12,266 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,567 | €9,301 | -€12,266 | -56.9% |
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 2 November 2026 via checked.be.