MEYKEEFER: 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.
MEYKEEFER
Largest movements
- Tangible fixed assets +€30,888
up €30,888 (+2.5%), from €1.2m to €1.2m
of which Land and buildings: +€30,888
- Other debts +€44,752
up €44,752 (+7.2%), from €622,266 to €667,018
- Profit (loss) carried forward -€14,382
down €14,382 (-34.2%), from -€42,108 to -€56,490
- Gross operating margin -€4,171
down €4,171 (-49.3%), from -€8,452 to -€12,623
- Financial charges +€1,295
up €1,295 (+399.6%), from €324 to €1,618
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 | €1,214,037 | €1,244,403 | +€30,366 | +2.5% |
| Fixed assets | 21/28 | €1,211,974 | €1,242,863 | +€30,888 | +2.5% |
| Tangible fixed assets | 22/27 | €1,211,974 | €1,242,863 | +€30,888 | +2.5% |
| Land and buildings | 22 | €1,210,625 | €1,241,514 | +€30,888 | +2.6% |
| Plant, machinery and equipment | 23 | €1,349 | €1,349 | = | 0.0% |
| Current assets | 29/58 | €2,063 | €1,540 | -€522 | -25.3% |
| Cash at bank and in hand | 54/58 | €2,063 | €1,540 | -€522 | -25.3% |
| Total equity and liabilities | 10/49 | €1,214,037 | €1,244,403 | +€30,366 | +2.5% |
| Equity | 10/15 | €287,892 | €273,510 | -€14,382 | -5.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,108 | -€56,490 | -€14,382 | -34.2% |
| Amounts payable | 17/49 | €926,145 | €970,893 | +€44,748 | +4.8% |
| Amounts payable after more than one year | 17 | €275,000 | €275,000 | = | 0.0% |
| Financial debts | 170/4 | €275,000 | €275,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €622,270 | €667,018 | +€44,748 | +7.2% |
| Trade debts | 44 | €4 | - | -€4 | |
| Suppliers | 440/4 | €4 | - | -€4 | |
| Other amounts payable | 47/48 | €622,266 | €667,018 | +€44,752 | +7.2% |
| Accrued charges and deferred income | 492/3 | €28,875 | €28,875 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | -€8,452 | -€12,623 | -€4,171 | -49.3% |
| Operating profit (loss) | 9901 | -€8,593 | -€12,767 | -€4,174 | -48.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €324 | €1,618 | +€1,295 | +399.6% |
| Recurring financial charges | 65 | €324 | €1,618 | +€1,295 | +399.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,917 | -€14,382 | -€5,465 | -61.3% |
| Profit (loss) for the period | 9904 | -€8,917 | -€14,382 | -€5,465 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,917 | -€14,382 | -€5,465 | -61.3% |
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 30 September 2026 via checked.be.