Meynendonckx Beheer: 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.
Meynendonckx Beheer
Largest movements
- Financial fixed assets -€349,989
down €349,989 (-2.5%), from €14.0m to €13.7m
- Other debts -€3.7m
down €3.7m (-42.4%), from €8.8m to €5.1m
- Contributions +€2.2m
up €2.2m (+64.5%), from €3.4m to €5.6m
- Debts after one year +€859,019
new in 2025: €859,019
- Reserves +€455,212
up €455,212 (+28.8%), from €1.6m to €2.0m
of which Distributable reserves: +€455,212
- Financial charges -€152,303
down €152,303 (-70.3%), from €216,581 to €64,279
- Taxes +€43,364
up €43,364 (+67.6%), from €64,110 to €107,474
- Gross operating margin +€14,047
up €14,047 (+2.9%), from €480,243 to €494,290
- Financial income -€10,137
down €10,137 (-6.3%), from €160,137 to €150,000
- Depreciation -€7,775
down €7,775 (-34.4%), from €22,599 to €14,824
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 | €14,089,436 | €13,861,996 | -€227,440 | -1.6% |
| Fixed assets | 21/28 | €14,062,970 | €13,704,454 | -€358,517 | -2.5% |
| Tangible fixed assets | 22/27 | €13,762 | €5,234 | -€8,528 | -62.0% |
| Furniture and vehicles | 24 | €13,762 | €5,234 | -€8,528 | -62.0% |
| Financial fixed assets | 28 | €14,049,209 | €13,699,220 | -€349,989 | -2.5% |
| Current assets | 29/58 | €26,466 | €157,543 | +€131,077 | +495% |
| Amounts receivable within one year | 40/41 | - | €68,560 | +€68,560 | |
| Trade receivables | 40 | - | €68,530 | +€68,530 | |
| Other amounts receivable | 41 | - | €30 | +€30 | |
| Cash at bank and in hand | 54/58 | €23,731 | €86,749 | +€63,019 | +266% |
| Deferred charges and accrued income | 490/1 | €2,735 | €2,234 | -€501 | -18.3% |
| Total equity and liabilities | 10/49 | €14,089,436 | €13,861,996 | -€227,440 | -1.6% |
| Equity | 10/15 | €4,987,010 | €7,642,222 | +€2.7m | +53.2% |
| Contributions | 10/11 | €3,408,435 | €5,608,435 | +€2.2m | +64.5% |
| Reserves | 13 | €1,578,575 | €2,033,787 | +€455,212 | +28.8% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €1,573,575 | €2,028,787 | +€455,212 | +28.9% |
| Amounts payable | 17/49 | €9,102,426 | €6,219,774 | -€2.9m | -31.7% |
| Amounts payable after more than one year | 17 | - | €859,019 | +€859,019 | |
| Financial debts | 170/4 | - | €859,019 | +€859,019 | |
| Amounts payable within one year | 42/48 | €9,102,426 | €5,360,755 | -€3.7m | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €102,637 | €134,510 | +€31,873 | +31.1% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €55,744 | €66,043 | +€10,299 | +18.5% |
| Suppliers | 440/4 | €55,744 | €66,043 | +€10,299 | +18.5% |
| Taxes, remuneration and social security | 45 | €138,456 | €86,634 | -€51,823 | -37.4% |
| Taxes | 450/3 | €138,456 | €86,634 | -€51,823 | -37.4% |
| Other amounts payable | 47/48 | €8,805,589 | €5,073,566 | -€3.7m | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,599 | €14,824 | -€7,775 | -34.4% |
| Other operating charges | 640/8 | €3,891 | €2,501 | -€1,391 | -35.7% |
| Gross operating margin | 9900 | €480,243 | €494,290 | +€14,047 | +2.9% |
| Operating profit (loss) | 9901 | €453,752 | €476,965 | +€23,212 | +5.1% |
| Financial income | 75/76B | €160,137 | €150,000 | -€10,137 | -6.3% |
| Recurring financial income | 75 | €160,137 | €150,000 | -€10,137 | -6.3% |
| Financial charges | 65/66B | €216,581 | €64,279 | -€152,303 | -70.3% |
| Recurring financial charges | 65 | €216,581 | €64,279 | -€152,303 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €397,308 | €562,686 | +€165,378 | +41.6% |
| Income taxes | 67/77 | €64,110 | €107,474 | +€43,364 | +67.6% |
| Profit (loss) for the period | 9904 | €333,198 | €455,212 | +€122,014 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €333,198 | €455,212 | +€122,014 | +36.6% |
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 31 October 2026 via checked.be.