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MEYAL GROUP: what changed

What changed

MEYAL GROUP

BE 0787.602.089
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€14,930
2024 · €1,688+€13,242
Equity
€13,604
2024 · -€1,326+€14,930
Cash
€16,969
2024 · €12+€16,957
Balance sheet total
€33,182
2024 · €22,575+€10,607

Largest movements

2024 to 2025
Assets
  • Cash +€16,957

    up €16,957 (+146,687%), from €12 to €16,969

    mainly Net result for the year (+€14,930) and Trade debts (+€11,989)

  • Receivables within one year -€7,277

    down €7,277 (-34.1%), from €21,354 to €14,077

    of which Trade receivables: -€4,810

  • Tangible fixed assets +€911

    up €911 (+75.4%), from €1,209 to €2,121

    of which Plant, machinery and equipment: +€1,406

Equity and liabilities
  • Advances received -€16,659

    down €16,659 (-91.8%), from €18,150 to €1,491

  • Profit (loss) carried forward +€14,930

    up €14,930 (+70.0%), from -€21,326 to -€6,396

  • Trade debts +€11,989

    up €11,989 (+6,881%), from €174 to €12,163

  • Tax, wage and social debts +€3,847

    new in 2025: €3,847

  • Other debts -€3,501

    down €3,501 (-62.8%), from €5,577 to €2,076

Income statement
  • Gross operating margin +€13,607

    up €13,607 (+532%), from €2,557 to €16,164

Change in the result, 2024 to 2025

effect on the result

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 €1,688
Gross operating margin +€13,607
Depreciation -€86
Write-downs -€142
Other operating charges -€34
Financial income +€0
Financial charges -€104
Result 2025 €14,930
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€18,441
Investment -€1,484
Financing €0
Cash 2024 €12
Net result for the year +€14,930
Depreciation +€573
Receivables within one year +€7,277
Deferred charges and accrued income -€15
Trade debts +€11,989
Tax, wage and social debts +€3,847
Advances received -€16,659
Other debts -€3,501
Investment in fixed assets (net) -€1,484
Cash 2025 €16,969
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €22,575 €33,182 +€10,607 +47.0%
Fixed assets 21/28 €1,209 €2,121 +€911 +75.4%
Tangible fixed assets 22/27 €1,209 €2,121 +€911 +75.4%
Plant, machinery and equipment 23 - €1,406 +€1,406
Furniture and vehicles 24 €1,209 €714 -€495 -40.9%
Current assets 29/58 €21,366 €31,061 +€9,695 +45.4%
Amounts receivable within one year 40/41 €21,354 €14,077 -€7,277 -34.1%
Trade receivables 40 €18,791 €13,981 -€4,810 -25.6%
Other amounts receivable 41 €2,563 €96 -€2,467 -96.2%
Cash at bank and in hand 54/58 €12 €16,969 +€16,957 +146,687%
Deferred charges and accrued income 490/1 - €15 +€15
Total equity and liabilities 10/49 €22,575 €33,182 +€10,607 +47.0%
Equity 10/15 -€1,326 €13,604 +€14,930
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€21,326 -€6,396 +€14,930 +70.0%
Amounts payable 17/49 €23,901 €19,577 -€4,323 -18.1%
Amounts payable within one year 42/48 €23,901 €19,577 -€4,323 -18.1%
Trade debts 44 €174 €12,163 +€11,989 +6,881%
Suppliers 440/4 €174 €12,163 +€11,989 +6,881%
Advances received on contracts in progress 46 €18,150 €1,491 -€16,659 -91.8%
Taxes, remuneration and social security 45 - €3,847 +€3,847
Taxes 450/3 - €3,847 +€3,847
Other amounts payable 47/48 €5,577 €2,076 -€3,501 -62.8%
Non-recurring operating income 76A - €1,621 +€1,621
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €486 €573 +€86 +17.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €142 +€142
Other operating charges 640/8 €194 €228 +€34 +17.4%
Gross operating margin 9900 €2,557 €16,164 +€13,607 +532%
Operating profit (loss) 9901 €1,876 €15,221 +€13,345 +711%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €188 €291 +€104 +55.2%
Recurring financial charges 65 €188 €291 +€104 +55.2%
Profit (loss) for the period before taxes 9903 €1,688 €14,930 +€13,242 +784%
Profit (loss) for the period 9904 €1,688 €14,930 +€13,242 +784%
Profit (loss) for the period to be appropriated 9905 €1,688 €14,930 +€13,242 +784%
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 4 November 2026 via checked.be.