MEYDAM: what changed
Two fiscal 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.
MEYDAM
Largest movements
- Receivables within one year +€16,699
up €16,699 (+33.5%), from €49,918 to €66,616
of which Trade receivables: +€16,688
- Cash -€5,566
down €5,566 (-41.9%), from €13,276 to €7,711
mainly Other debts (-€23,104) and Receivables within one year (-€16,699)
- Profit (loss) carried forward +€24,213
up €24,213 (+31.3%), from -€77,336 to -€53,123
- Other debts -€23,104
down €23,104 (-15.2%), from €151,724 to €128,620
- Tax, wage and social debts +€7,353
up €7,353 (+182.0%), from €4,041 to €11,394
of which Taxes: +€7,353
- Trade debts +€2,671
up €2,671 (+106.6%), from €2,505 to €5,176
- Gross operating margin -€13,256
down €13,256 (-32.2%), from €41,199 to €27,943
- Other operating charges -€2,422
down €2,422 (-56.3%), from €4,306 to €1,884
From the 2024 result to the 2025 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,386 | €212,534 | +€11,148 | +5.5% |
| Fixed assets | 21/28 | €89,192 | €89,207 | +€15 | 0.0% |
| Tangible fixed assets | 22/27 | €1,167 | €1,183 | +€15 | +1.3% |
| Furniture and vehicles | 24 | €1,167 | €1,183 | +€15 | +1.3% |
| Financial fixed assets | 28 | €88,025 | €88,025 | = | 0.0% |
| Current assets | 29/58 | €112,194 | €123,327 | +€11,133 | +9.9% |
| Amounts receivable after more than one year | 29 | €49,000 | €49,000 | = | 0.0% |
| Other amounts receivable | 291 | €49,000 | €49,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,918 | €66,616 | +€16,699 | +33.5% |
| Trade receivables | 40 | €49,918 | €66,606 | +€16,688 | +33.4% |
| Other amounts receivable | 41 | €0 | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €13,276 | €7,711 | -€5,566 | -41.9% |
| Total equity and liabilities | 10/49 | €201,386 | €212,534 | +€11,148 | +5.5% |
| Equity | 10/15 | €42,664 | €66,877 | +€24,213 | +56.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Outside capital | 11 | €120,000 | €120,000 | = | 0.0% |
| Other | 1109/19 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,336 | -€53,123 | +€24,213 | +31.3% |
| Amounts payable | 17/49 | €158,722 | €145,658 | -€13,065 | -8.2% |
| Amounts payable within one year | 42/48 | €158,270 | €145,191 | -€13,079 | -8.3% |
| Trade debts | 44 | €2,505 | €5,176 | +€2,671 | +106.6% |
| Suppliers | 440/4 | €2,505 | €5,176 | +€2,671 | +106.6% |
| Taxes, remuneration and social security | 45 | €4,041 | €11,394 | +€7,353 | +182.0% |
| Taxes | 450/3 | €4,041 | €11,394 | +€7,353 | +182.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €151,724 | €128,620 | -€23,104 | -15.2% |
| Accrued charges and deferred income | 492/3 | €453 | €467 | +€14 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €1,166 | +€314 | +36.8% |
| Other operating charges | 640/8 | €4,306 | €1,884 | -€2,422 | -56.3% |
| Gross operating margin | 9900 | €41,199 | €27,943 | -€13,256 | -32.2% |
| Operating profit (loss) | 9901 | €36,041 | €24,894 | -€11,147 | -30.9% |
| Financial charges | 65/66B | €211 | €191 | -€21 | -9.8% |
| Recurring financial charges | 65 | €211 | €191 | -€21 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €35,830 | €24,703 | -€11,127 | -31.1% |
| Income taxes | 67/77 | €467 | €490 | +€23 | +4.9% |
| Profit (loss) for the period | 9904 | €35,363 | €24,213 | -€11,150 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,363 | €24,213 | -€11,150 | -31.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.