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MEYER & PARTNERS: 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.

What changed

MEYER & PARTNERS

BE 0400.764.210
NACE 18.120, Other printing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,973
2024 · €27,327+€10,646
Equity
€29,531
2024 · -€8,442+€37,973
Cash
€9,920
2024 · €14,539-€4,618
Balance sheet total
€64,806
2024 · €68,051-€3,246

Largest movements

2024 to 2025
Assets
  • Cash -€4,618

    down €4,618 (-31.8%), from €14,539 to €9,920

    mainly Other debts (-€32,747) and Trade debts (-€11,739)

  • Stocks and contracts +€2,561

    up €2,561 (+9.4%), from €27,248 to €29,809

  • Tangible fixed assets -€1,670

    down €1,670 (-14.6%), from €11,458 to €9,788

    of which Furniture and vehicles: -€2,935

  • Receivables within one year +€1,302

    up €1,302 (+12.8%), from €10,182 to €11,484

  • Deferred charges and accrued income -€821

    down €821 (-43.2%), from €1,900 to €1,080

Equity and liabilities
  • Other debts -€32,747

    down €32,747 (-65.5%), from €49,995 to €17,249

  • Profit (loss) carried forward +€29,138

    no longer reported in 2025 (was -€29,138)

  • Trade debts -€11,739

    down €11,739 (-55.8%), from €21,030 to €9,292

  • Reserves +€8,834

    up €8,834 (+419.8%), from €2,104 to €10,939

    of which Distributable reserves: +€8,834

  • Tax, wage and social debts +€3,267

    up €3,267 (+59.8%), from €5,468 to €8,735

Income statement
  • Gross operating margin +€11,082

    up €11,082 (+33.1%), from €33,517 to €44,599

  • Taxes +€902

    up €902 (+252.7%), from €357 to €1,260

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 €27,327
Gross operating margin +€11,082
Depreciation +€249
Other operating charges +€255
Financial income -€396
Financial charges +€358
Taxes -€902
Result 2025 €37,973

Cash bridge derived

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 -€1,878
Investment -€2,740
Financing €0
Cash 2024 €14,539
Net result for the year +€37,973
Depreciation +€4,410
Stocks and contracts -€2,561
Receivables within one year -€1,302
Deferred charges and accrued income +€821
Trade debts -€11,739
Tax, wage and social debts +€3,267
Other debts -€32,747
Investment in fixed assets (net) -€2,740
Cash 2025 €9,920
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €68,051 €64,806 -€3,246 -4.8%
Fixed assets 21/28 €14,183 €12,513 -€1,670 -11.8%
Tangible fixed assets 22/27 €11,458 €9,788 -€1,670 -14.6%
Plant, machinery and equipment 23 €2,895 €4,160 +€1,265 +43.7%
Furniture and vehicles 24 €8,563 €5,628 -€2,935 -34.3%
Financial fixed assets 28 €2,725 €2,725 = 0.0%
Current assets 29/58 €53,868 €52,293 -€1,575 -2.9%
Stocks and contracts in progress 3 €27,248 €29,809 +€2,561 +9.4%
Stocks 30/36 €27,248 €29,809 +€2,561 +9.4%
Amounts receivable within one year 40/41 €10,182 €11,484 +€1,302 +12.8%
Trade receivables 40 €10,182 €11,484 +€1,302 +12.8%
Cash at bank and in hand 54/58 €14,539 €9,920 -€4,618 -31.8%
Deferred charges and accrued income 490/1 €1,900 €1,080 -€821 -43.2%
Total equity and liabilities 10/49 €68,051 €64,806 -€3,246 -4.8%
Equity 10/15 -€8,442 €29,531 +€37,973
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €2,104 €10,939 +€8,834 +419.8%
Non-distributable reserves 130/1 €245 €245 = 0.0%
Other 1319 €245 €245 = 0.0%
Distributable reserves 133 €1,859 €10,693 +€8,834 +475.2%
Profit (loss) carried forward 14 -€29,138 - +€29,138
Amounts payable 17/49 €76,493 €35,275 -€41,218 -53.9%
Amounts payable within one year 42/48 €76,493 €35,275 -€41,218 -53.9%
Trade debts 44 €21,030 €9,292 -€11,739 -55.8%
Suppliers 440/4 €21,030 €9,292 -€11,739 -55.8%
Taxes, remuneration and social security 45 €5,468 €8,735 +€3,267 +59.8%
Taxes 450/3 €5,468 €8,735 +€3,267 +59.8%
Other amounts payable 47/48 €49,995 €17,249 -€32,747 -65.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,659 €4,410 -€249 -5.3%
Other operating charges 640/8 €1,338 €1,084 -€255 -19.0%
Gross operating margin 9900 €33,517 €44,599 +€11,082 +33.1%
Operating profit (loss) 9901 €27,519 €39,105 +€11,586 +42.1%
Financial income 75/76B €396 - -€396
Recurring financial income 75 €396 - -€396
Financial charges 65/66B €231 -€127 -€358
Recurring financial charges 65 €231 -€127 -€358
Profit (loss) for the period before taxes 9903 €27,684 €39,232 +€11,548 +41.7%
Income taxes 67/77 €357 €1,260 +€902 +252.7%
Profit (loss) for the period 9904 €27,327 €37,973 +€10,646 +39.0%
Profit (loss) for the period to be appropriated 9905 €27,327 €37,973 +€10,646 +39.0%

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 6 October 2026 via checked.be.