Meydael: 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
Meydael
NACE 70.200, Business and other management consultancy
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€40,932
2025 · €315,937-€275,005
Equity
€2.8m
2025 · €2.8m+€40,932
Cash
€27,658
2025 · €35,707-€8,049
Balance sheet total
€3.4m
2025 · €3.5m-€47,157
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+208%), from €547,354 to €1.7m
- Receivables within one year -€983,860
down €983,860 (-82.0%), from €1.2m to €215,782
of which Other amounts receivable: -€929,015
- Deferred charges and accrued income -€185,386
down €185,386 (-95.8%), from €193,444 to €8,058
- Financial fixed assets -€50,768
down €50,768 (-7.7%), from €656,316 to €605,547
Equity and liabilities
- Debts after one year -€90,811
down €90,811 (-16.1%), from €563,851 to €473,040
- Profit (loss) carried forward +€40,932
up €40,932 (+3.4%), from -€1.2m to -€1.2m
Income statement
- Gross operating margin -€233,007
down €233,007 (-72.3%), from €322,203 to €89,195
- Financial charges +€42,073
up €42,073 (+318%), from €13,247 to €55,320
of which Financial charges: +€42,073
- Other operating charges +€7,411
up €7,411 (+121%), from €6,146 to €13,557
- Depreciation -€7,195
down €7,195 (-12.3%), from €58,425 to €51,230
From the 2025 result to the 2026 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 2025
€315,937
Gross operating margin
-€233,007
Depreciation
+€7,195
Other operating charges
-€7,411
Financial income
+€306
Financial charges
-€42,073
Taxes
-€15
Result 2026
€40,932
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.2m
Investment
-€1.2m
Financing
-€89,585
Cash 2025
€35,707
From operations (derived)
+€1.2m
Net result for the year
+€40,932
Depreciation
+€51,230
Receivables after one year
-€21,329
Receivables within one year
+€983,860
Deferred charges and accrued income
+€185,386
Trade debts
-€6,132
Tax, wage and social debts
-€13,042
Accrued charges and deferred income
+€20,670
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€20,732
Current investments
-€1.1m
Financing
-€89,585
Debts after one year
-€90,811
Current portion of long-term debt
+€1,226
Cash 2026
€27,658
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,463,637 | €3,416,480 | -€47,157 | -1.4% |
| Fixed assets | 21/28 | €1,392,677 | €1,362,179 | -€30,498 | -2.2% |
| Tangible fixed assets | 22/27 | €736,361 | €756,632 | +€20,270 | +2.8% |
| Land and buildings | 22 | €136,676 | €115,633 | -€21,043 | -15.4% |
| Plant, machinery and equipment | 23 | €1,714 | €1,419 | -€295 | -17.2% |
| Furniture and vehicles | 24 | €38,514 | €14,669 | -€23,844 | -61.9% |
| Other tangible fixed assets | 26 | €559,457 | €624,910 | +€65,453 | +11.7% |
| Financial fixed assets | 28 | €656,316 | €605,547 | -€50,768 | -7.7% |
| Current assets | 29/58 | €2,070,960 | €2,054,300 | -€16,660 | -0.8% |
| Amounts receivable after more than one year | 29 | €94,813 | €116,142 | +€21,329 | +22.5% |
| Other amounts receivable | 291 | €94,813 | €116,142 | +€21,329 | +22.5% |
| Amounts receivable within one year | 40/41 | €1,199,642 | €215,782 | -€983,860 | -82.0% |
| Trade receivables | 40 | €93,755 | €38,909 | -€54,846 | -58.5% |
| Other amounts receivable | 41 | €1,105,887 | €176,872 | -€929,015 | -84.0% |
| Current investments | 50/53 | €547,354 | €1,686,660 | +€1.1m | +208% |
| Cash at bank and in hand | 54/58 | €35,707 | €27,658 | -€8,049 | -22.5% |
| Deferred charges and accrued income | 490/1 | €193,444 | €8,058 | -€185,386 | -95.8% |
| Total equity and liabilities | 10/49 | €3,463,637 | €3,416,480 | -€47,157 | -1.4% |
| Equity | 10/15 | €2,751,091 | €2,792,023 | +€40,932 | +1.5% |
| Contributions | 10/11 | €3,500,000 | €3,500,000 | = | 0.0% |
| Capital | 10 | €3,500,000 | €3,500,000 | = | 0.0% |
| Issued capital | 100 | €3,500,000 | €3,500,000 | = | 0.0% |
| Reserves | 13 | €469,753 | €469,753 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,753 | €29,753 | = | 0.0% |
| Legal reserve | 130 | €29,753 | €29,753 | = | 0.0% |
| Distributable reserves | 133 | €440,000 | €440,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,218,661 | -€1,177,730 | +€40,932 | +3.4% |
| Amounts payable | 17/49 | €712,546 | €624,457 | -€88,089 | -12.4% |
| Amounts payable after more than one year | 17 | €563,851 | €473,040 | -€90,811 | -16.1% |
| Financial debts | 170/4 | €563,851 | €473,040 | -€90,811 | -16.1% |
| Amounts payable within one year | 42/48 | €113,832 | €95,884 | -€17,948 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €89,585 | €90,811 | +€1,226 | +1.4% |
| Trade debts | 44 | €7,558 | €1,426 | -€6,132 | -81.1% |
| Suppliers | 440/4 | €7,558 | €1,426 | -€6,132 | -81.1% |
| Taxes, remuneration and social security | 45 | €16,689 | €3,646 | -€13,042 | -78.2% |
| Taxes | 450/3 | €16,689 | €3,646 | -€13,042 | -78.2% |
| Accrued charges and deferred income | 492/3 | €34,863 | €55,533 | +€20,670 | +59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,425 | €51,230 | -€7,195 | -12.3% |
| Other operating charges | 640/8 | €6,146 | €13,557 | +€7,411 | +121% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €322,203 | €89,195 | -€233,007 | -72.3% |
| Operating profit (loss) | 9901 | €257,632 | €24,409 | -€233,223 | -90.5% |
| Financial income | 75/76B | €72,096 | €72,402 | +€306 | +0.4% |
| Recurring financial income | 75 | €72,096 | €72,402 | +€306 | +0.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €13,247 | €55,320 | +€42,073 | +318% |
| Recurring financial charges | 65 | €13,247 | €55,320 | +€42,073 | +318% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €316,482 | €41,491 | -€274,991 | -86.9% |
| Income taxes | 67/77 | €545 | €560 | +€15 | +2.7% |
| Profit (loss) for the period | 9904 | €315,937 | €40,932 | -€275,005 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €315,937 | €40,932 | -€275,005 | -87.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.