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Meyco Consult: 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.

What changed

Meyco Consult

BE 0840.005.251
NACE 25.510, Coating of metals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€22,233
2024 · €18,823-€41,056
Equity
€139,399
2024 · €161,632-€22,233
Cash
€39,722
2024 · €118,320-€78,598
Balance sheet total
€203,773
2024 · €286,867-€83,094

Largest movements

2024 to 2025
Assets
  • Cash -€78,598

    down €78,598 (-66.4%), from €118,320 to €39,722

    mainly Trade debts (-€40,136) and Stocks and contracts (-€22,669)

  • Receivables within one year -€32,659

    down €32,659 (-23.6%), from €138,159 to €105,500

    of which Trade receivables: -€34,399

  • Stocks and contracts +€22,669

    up €22,669 (+1,563%), from €1,451 to €24,120

  • Tangible fixed assets +€6,071

    up €6,071 (+21.7%), from €27,955 to €34,026

    of which Plant, machinery and equipment: +€7,022

Equity and liabilities
  • Trade debts -€40,136

    down €40,136 (-95.7%), from €41,937 to €1,801

  • Profit (loss) carried forward -€22,233

    down €22,233, from €872 to -€21,361

  • Accrued charges and deferred income -€9,057

    down €9,057 (-80.7%), from €11,219 to €2,162

  • Other debts -€8,249

    down €8,249 (-13.6%), from €60,589 to €52,340

  • Tax, wage and social debts -€3,419

    down €3,419 (-29.8%), from €11,491 to €8,072

    of which Remuneration and social security: -€2,390

Income statement
  • Gross operating margin -€49,616

    down €49,616 (-97.8%), from €50,709 to €1,093

  • Taxes -€6,740

    no longer reported in 2025 (was €6,740)

  • Other operating charges -€4,710

    down €4,710 (-28.3%), from €16,668 to €11,959

  • Financial charges +€1,942

    up €1,942 (+52.6%), from €3,690 to €5,631

  • Depreciation +€917

    up €917 (+19.0%), from €4,819 to €5,736

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,823
Gross operating margin -€49,616
Depreciation -€917
Other operating charges +€4,710
Financial income -€30
Financial charges -€1,942
Taxes +€6,740
Result 2025 -€22,233
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€66,791
Investment -€11,807
Financing €0
Cash 2024 €118,320
Net result for the year -€22,233
Depreciation +€5,736
Stocks and contracts -€22,669
Receivables within one year +€32,659
Deferred charges and accrued income +€577
Trade debts -€40,136
Tax, wage and social debts -€3,419
Other debts -€8,249
Accrued charges and deferred income -€9,057
Investment in fixed assets (net) -€11,807
Cash 2025 €39,722
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €286,867 €203,773 -€83,094 -29.0%
Fixed assets 21/28 €27,955 €34,026 +€6,071 +21.7%
Tangible fixed assets 22/27 €27,955 €34,026 +€6,071 +21.7%
Plant, machinery and equipment 23 €27,004 €34,026 +€7,022 +26.0%
Furniture and vehicles 24 €951 - -€951
Current assets 29/58 €258,912 €169,747 -€89,165 -34.4%
Stocks and contracts in progress 3 €1,451 €24,120 +€22,669 +1,563%
Stocks 30/36 €1,451 €24,120 +€22,669 +1,563%
Amounts receivable within one year 40/41 €138,159 €105,500 -€32,659 -23.6%
Trade receivables 40 €134,899 €100,500 -€34,399 -25.5%
Other amounts receivable 41 €3,260 €5,000 +€1,740 +53.4%
Cash at bank and in hand 54/58 €118,320 €39,722 -€78,598 -66.4%
Deferred charges and accrued income 490/1 €982 €404 -€577 -58.8%
Total equity and liabilities 10/49 €286,867 €203,773 -€83,094 -29.0%
Equity 10/15 €161,632 €139,399 -€22,233 -13.8%
Contributions 10/11 €50,000 €50,000 = 0.0%
Reserves 13 €110,760 €110,760 = 0.0%
Distributable reserves 133 €110,760 €110,760 = 0.0%
Profit (loss) carried forward 14 €872 -€21,361 -€22,233
Amounts payable 17/49 €125,235 €64,374 -€60,861 -48.6%
Amounts payable within one year 42/48 €114,017 €62,212 -€51,805 -45.4%
Trade debts 44 €41,937 €1,801 -€40,136 -95.7%
Suppliers 440/4 €41,937 €1,801 -€40,136 -95.7%
Taxes, remuneration and social security 45 €11,491 €8,072 -€3,419 -29.8%
Taxes 450/3 €8,991 €7,962 -€1,029 -11.4%
Remuneration and social security 454/9 €2,500 €110 -€2,390 -95.6%
Other amounts payable 47/48 €60,589 €52,340 -€8,249 -13.6%
Accrued charges and deferred income 492/3 €11,219 €2,162 -€9,057 -80.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,819 €5,736 +€917 +19.0%
Other operating charges 640/8 €16,668 €11,959 -€4,710 -28.3%
Gross operating margin 9900 €50,709 €1,093 -€49,616 -97.8%
Operating profit (loss) 9901 €29,222 -€16,602 -€45,823
Financial income 75/76B €30 €0 -€30 -99.6%
Recurring financial income 75 €30 €0 -€30 -99.6%
Financial charges 65/66B €3,690 €5,631 +€1,942 +52.6%
Recurring financial charges 65 €3,690 €5,631 +€1,942 +52.6%
Profit (loss) for the period before taxes 9903 €25,562 -€22,233 -€47,795
Income taxes 67/77 €6,740 - -€6,740
Profit (loss) for the period 9904 €18,823 -€22,233 -€41,056
Profit (loss) for the period to be appropriated 9905 €18,823 -€22,233 -€41,056

Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.