MEYER INVEST: 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 INVEST
Largest movements
- Receivables within one year +€23,501
up €23,501 (+128%), from €18,305 to €41,806
of which Trade receivables: +€23,340
- Tangible fixed assets -€16,173
down €16,173 (-7.7%), from €208,863 to €192,689
of which Land and buildings: -€17,325
- Reserves +€20,713
up €20,713 (+27.8%), from €74,614 to €95,327
- Debts after one year -€12,833
down €12,833 (-20.0%), from €64,193 to €51,360
- Tax, wage and social debts +€7,488
up €7,488 (+34.9%), from €21,457 to €28,945
of which Taxes: +€7,488
- Gross operating margin +€14,853
up €14,853 (+36.0%), from €41,260 to €56,114
- Taxes +€4,066
up €4,066 (+67.9%), from €5,990 to €10,057
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.
Derived cash bridge
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 | €669,183 | €676,837 | +€7,654 | +1.1% |
| Fixed assets | 21/28 | €649,519 | €633,346 | -€16,173 | -2.5% |
| Tangible fixed assets | 22/27 | €208,863 | €192,689 | -€16,173 | -7.7% |
| Land and buildings | 22 | €208,863 | €191,538 | -€17,325 | -8.3% |
| Plant, machinery and equipment | 23 | - | €1,152 | +€1,152 | |
| Financial fixed assets | 28 | €440,657 | €440,657 | = | 0.0% |
| Current assets | 29/58 | €19,664 | €43,491 | +€23,827 | +121% |
| Amounts receivable within one year | 40/41 | €18,305 | €41,806 | +€23,501 | +128% |
| Trade receivables | 40 | €16,150 | €39,490 | +€23,340 | +145% |
| Other amounts receivable | 41 | €2,155 | €2,316 | +€161 | +7.5% |
| Cash at bank and in hand | 54/58 | €1,199 | €560 | -€639 | -53.3% |
| Deferred charges and accrued income | 490/1 | €160 | €1,125 | +€965 | +603% |
| Total equity and liabilities | 10/49 | €669,183 | €676,837 | +€7,654 | +1.1% |
| Equity | 10/15 | €310,614 | €331,327 | +€20,713 | +6.7% |
| Contributions | 10/11 | €236,000 | €236,000 | = | 0.0% |
| Capital | 10 | €236,000 | €236,000 | = | 0.0% |
| Issued capital | 100 | €236,000 | €236,000 | = | 0.0% |
| Reserves | 13 | €74,614 | €95,327 | +€20,713 | +27.8% |
| Distributable reserves | 133 | €74,614 | €95,327 | +€20,713 | +27.8% |
| Amounts payable | 17/49 | €358,569 | €345,510 | -€13,059 | -3.6% |
| Amounts payable after more than one year | 17 | €64,193 | €51,360 | -€12,833 | -20.0% |
| Financial debts | 170/4 | €64,193 | €51,360 | -€12,833 | -20.0% |
| Amounts payable within one year | 42/48 | €294,376 | €294,150 | -€226 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €12,488 | €12,833 | +€345 | +2.8% |
| Trade debts | 44 | €5,332 | €4,039 | -€1,293 | -24.2% |
| Suppliers | 440/4 | €5,332 | €4,039 | -€1,293 | -24.2% |
| Taxes, remuneration and social security | 45 | €21,457 | €28,945 | +€7,488 | +34.9% |
| Taxes | 450/3 | €19,457 | €26,945 | +€7,488 | +38.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €255,100 | €248,333 | -€6,767 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,325 | €17,362 | +€37 | +0.2% |
| Other operating charges | 640/8 | €6,187 | €5,870 | -€317 | -5.1% |
| Gross operating margin | 9900 | €41,260 | €56,114 | +€14,853 | +36.0% |
| Operating profit (loss) | 9901 | €17,748 | €32,881 | +€15,133 | +85.3% |
| Financial income | 75/76B | €160 | €0 | -€160 | -100% |
| Recurring financial income | 75 | €160 | €0 | -€160 | -100% |
| Financial charges | 65/66B | €2,462 | €2,111 | -€351 | -14.3% |
| Recurring financial charges | 65 | €2,462 | €2,111 | -€351 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €15,447 | €30,770 | +€15,323 | +99.2% |
| Income taxes | 67/77 | €5,990 | €10,057 | +€4,066 | +67.9% |
| Profit (loss) for the period | 9904 | €9,456 | €20,713 | +€11,257 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €9,456 | €20,713 | +€11,257 | +119% |
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 26 October 2026 via checked.be.