MeynenKine: 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.
MeynenKine
Largest movements
- Cash +€32,102
up €32,102 (+264%), from €12,181 to €44,283
mainly Net result for the year (+€22,313) and Receivables after one year (+€10,472)
- Receivables after one year -€10,472
no longer reported in 2025 (was €10,472)
of which Other amounts receivable: -€8,829
- Receivables within one year +€5,834
new in 2025: €5,834
- Reserves +€22,313
up €22,313 (+190%), from €11,759 to €34,072
- Tax, wage and social debts +€4,205
up €4,205 (+71.6%), from €5,871 to €10,075
- Gross operating margin +€13,767
up €13,767 (+68.7%), from €20,042 to €33,809
- Taxes +€4,205
up €4,205 (+90.0%), from €4,671 to €8,875
- Depreciation -€1,771
down €1,771 (-66.6%), from €2,657 to €887
- Other operating charges +€807
up €807 (+93.8%), from €861 to €1,668
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 | €24,353 | €50,958 | +€26,604 | +109% |
| Formation expenses | 20 | €387 | - | -€387 | |
| Fixed assets | 21/28 | €1,082 | €582 | -€500 | -46.2% |
| Tangible fixed assets | 22/27 | €1,082 | €582 | -€500 | -46.2% |
| Plant, machinery and equipment | 23 | €1,082 | €582 | -€500 | -46.2% |
| Current assets | 29/58 | €22,885 | €50,376 | +€27,491 | +120% |
| Amounts receivable after more than one year | 29 | €10,472 | - | -€10,472 | |
| Trade receivables | 290 | €1,643 | - | -€1,643 | |
| Other amounts receivable | 291 | €8,829 | - | -€8,829 | |
| Amounts receivable within one year | 40/41 | - | €5,834 | +€5,834 | |
| Other amounts receivable | 41 | - | €5,834 | +€5,834 | |
| Cash at bank and in hand | 54/58 | €12,181 | €44,283 | +€32,102 | +264% |
| Deferred charges and accrued income | 490/1 | €232 | €258 | +€27 | +11.5% |
| Total equity and liabilities | 10/49 | €24,353 | €50,958 | +€26,604 | +109% |
| Equity | 10/15 | €16,759 | €39,072 | +€22,313 | +133% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,759 | €34,072 | +€22,313 | +190% |
| Distributable reserves | 133 | €11,759 | €34,072 | +€22,313 | +190% |
| Amounts payable | 17/49 | €7,594 | €11,885 | +€4,291 | +56.5% |
| Amounts payable within one year | 42/48 | €7,594 | €11,885 | +€4,291 | +56.5% |
| Trade debts | 44 | €1,573 | €1,707 | +€134 | +8.5% |
| Suppliers | 440/4 | €1,573 | €1,707 | +€134 | +8.5% |
| Taxes, remuneration and social security | 45 | €5,871 | €10,075 | +€4,205 | +71.6% |
| Taxes | 450/3 | €5,871 | €10,075 | +€4,205 | +71.6% |
| Other amounts payable | 47/48 | €150 | €103 | -€48 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,657 | €887 | -€1,771 | -66.6% |
| Other operating charges | 640/8 | €861 | €1,668 | +€807 | +93.8% |
| Gross operating margin | 9900 | €20,042 | €33,809 | +€13,767 | +68.7% |
| Operating profit (loss) | 9901 | €16,524 | €31,254 | +€14,731 | +89.1% |
| Financial charges | 65/66B | €94 | €66 | -€28 | -30.0% |
| Recurring financial charges | 65 | €94 | €66 | -€28 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €16,430 | €31,189 | +€14,759 | +89.8% |
| Income taxes | 67/77 | €4,671 | €8,875 | +€4,205 | +90.0% |
| Profit (loss) for the period | 9904 | €11,759 | €22,313 | +€10,554 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,759 | €22,313 | +€10,554 | +89.8% |
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 1 November 2026 via checked.be.