MEYAL GROUP: what changed
MEYAL GROUP
Largest movements
- 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
- 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
- Gross operating margin +€13,607
up €13,607 (+532%), from €2,557 to €16,164
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 | €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% |
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 4 November 2026 via checked.be.