MEYER HVAC: 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.
MEYER HVAC
Largest movements
- Receivables within one year -€5,310
down €5,310 (-21.0%), from €25,331 to €20,022
of which Trade receivables: -€3,463
- Tangible fixed assets -€2,524
down €2,524 (-1.3%), from €196,700 to €194,176
of which Leasing and similar rights: -€9,528
- Profit (loss) carried forward -€26,186
down €26,186 (-162.1%), from -€16,157 to -€42,342
- Trade debts +€11,966
new in 2025: €11,966
- Other debts +€8,060
up €8,060 (+3.5%), from €230,877 to €238,938
- Gross operating margin +€6,079
up €6,079 (+68.4%), from -€8,892 to -€2,813
- Other operating charges +€579
up €579 (+12.3%), from €4,696 to €5,274
- Taxes +€559
no longer reported in 2025 (was -€559)
- Financial charges -€367
down €367 (-71.0%), from €517 to €150
- Depreciation -€226
down €226 (-1.3%), from €16,958 to €16,732
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 | €232,313 | €227,325 | -€4,988 | -2.1% |
| Fixed assets | 21/28 | €196,700 | €194,176 | -€2,524 | -1.3% |
| Tangible fixed assets | 22/27 | €196,700 | €194,176 | -€2,524 | -1.3% |
| Land and buildings | 22 | €184,782 | €188,669 | +€3,887 | +2.1% |
| Plant, machinery and equipment | 23 | €2,389 | €2,384 | -€6 | -0.2% |
| Furniture and vehicles | 24 | - | €3,124 | +€3,124 | |
| Leasing and similar rights | 25 | €9,528 | - | -€9,528 | |
| Current assets | 29/58 | €35,613 | €33,149 | -€2,464 | -6.9% |
| Stocks and contracts in progress | 3 | €6,736 | €7,363 | +€627 | +9.3% |
| Stocks | 30/36 | €6,736 | €7,363 | +€627 | +9.3% |
| Amounts receivable within one year | 40/41 | €25,331 | €20,022 | -€5,310 | -21.0% |
| Trade receivables | 40 | €21,990 | €18,527 | -€3,463 | -15.7% |
| Other amounts receivable | 41 | €3,341 | €1,495 | -€1,847 | -55.3% |
| Cash at bank and in hand | 54/58 | €1,359 | €1,680 | +€321 | +23.6% |
| Deferred charges and accrued income | 490/1 | €2,186 | €4,084 | +€1,898 | +86.8% |
| Total equity and liabilities | 10/49 | €232,313 | €227,325 | -€4,988 | -2.1% |
| Equity | 10/15 | -€9,957 | -€36,142 | -€26,186 | -263.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,157 | -€42,342 | -€26,186 | -162.1% |
| Amounts payable | 17/49 | €242,269 | €263,467 | +€21,198 | +8.7% |
| Amounts payable within one year | 42/48 | €240,777 | €261,976 | +€21,198 | +8.8% |
| Trade debts | 44 | - | €11,966 | +€11,966 | |
| Suppliers | 440/4 | - | €11,966 | +€11,966 | |
| Taxes, remuneration and social security | 45 | €9,900 | €11,073 | +€1,173 | +11.8% |
| Taxes | 450/3 | €1,200 | €2,381 | +€1,181 | +98.4% |
| Remuneration and social security | 454/9 | €8,700 | €8,692 | -€8 | -0.1% |
| Other amounts payable | 47/48 | €230,877 | €238,938 | +€8,060 | +3.5% |
| Accrued charges and deferred income | 492/3 | €1,492 | €1,492 | -€1 | 0.0% |
| Non-recurring operating income | 76A | €888 | €653 | -€235 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,958 | €16,732 | -€226 | -1.3% |
| Other operating charges | 640/8 | €4,696 | €5,274 | +€579 | +12.3% |
| Non-recurring operating charges | 66A | €746 | €1,221 | +€475 | +63.6% |
| Gross operating margin | 9900 | -€8,892 | -€2,813 | +€6,079 | +68.4% |
| Operating profit (loss) | 9901 | -€31,292 | -€26,041 | +€5,251 | +16.8% |
| Financial income | 75/76B | €3 | €5 | +€2 | +85.3% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +85.3% |
| Financial charges | 65/66B | €517 | €150 | -€367 | -71.0% |
| Recurring financial charges | 65 | €517 | €150 | -€367 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,806 | -€26,186 | +€5,620 | +17.7% |
| Income taxes | 67/77 | -€559 | - | +€559 | |
| Profit (loss) for the period | 9904 | -€31,246 | -€26,186 | +€5,061 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,246 | -€26,186 | +€5,061 | +16.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.