MEYNOR CREATIES: 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.
MEYNOR CREATIES
Largest movements
- Receivables within one year +€14,517
up €14,517 (+42.5%), from €34,156 to €48,673
of which Other amounts receivable: +€14,441
- Tangible fixed assets -€13,076
down €13,076 (-7.6%), from €171,697 to €158,621
of which Land and buildings: -€28,580
- Cash +€5,677
up €5,677 (+22.2%), from €25,575 to €31,251
mainly Depreciation (+€48,251) and Other debts (+€35,000)
- Other debts +€35,000
up €35,000 (+10,500%), from €333 to €35,333
- Reserves -€17,402
down €17,402 (-9.4%), from €186,110 to €168,708
- Trade debts -€10,479
down €10,479 (-48.6%), from €21,563 to €11,083
- Gross operating margin -€72,541
down €72,541 (-69.3%), from €104,684 to €32,143
- Taxes -€12,143
no longer reported in 2025 (was €12,143)
- Depreciation -€6,075
down €6,075 (-11.2%), from €54,326 to €48,251
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 | €231,457 | €238,570 | +€7,114 | +3.1% |
| Fixed assets | 21/28 | €171,697 | €158,621 | -€13,076 | -7.6% |
| Tangible fixed assets | 22/27 | €171,697 | €158,621 | -€13,076 | -7.6% |
| Land and buildings | 22 | €127,161 | €98,581 | -€28,580 | -22.5% |
| Plant, machinery and equipment | 23 | €26,256 | €47,671 | +€21,414 | +81.6% |
| Furniture and vehicles | 24 | €18,280 | €12,370 | -€5,910 | -32.3% |
| Current assets | 29/58 | €59,759 | €79,949 | +€20,190 | +33.8% |
| Amounts receivable within one year | 40/41 | €34,156 | €48,673 | +€14,517 | +42.5% |
| Trade receivables | 40 | €16,268 | €16,345 | +€77 | +0.5% |
| Other amounts receivable | 41 | €17,888 | €32,328 | +€14,441 | +80.7% |
| Cash at bank and in hand | 54/58 | €25,575 | €31,251 | +€5,677 | +22.2% |
| Deferred charges and accrued income | 490/1 | €28 | €24 | -€5 | -15.8% |
| Total equity and liabilities | 10/49 | €231,457 | €238,570 | +€7,114 | +3.1% |
| Equity | 10/15 | €207,110 | €189,708 | -€17,402 | -8.4% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €186,110 | €168,708 | -€17,402 | -9.4% |
| Distributable reserves | 133 | €186,110 | €168,708 | -€17,402 | -9.4% |
| Amounts payable | 17/49 | €24,347 | €48,863 | +€24,516 | +101% |
| Amounts payable within one year | 42/48 | €24,347 | €48,863 | +€24,516 | +101% |
| Current portion of amounts payable after more than one year | 42 | €2,112 | €2,107 | -€5 | -0.2% |
| Trade debts | 44 | €21,563 | €11,083 | -€10,479 | -48.6% |
| Suppliers | 440/4 | €21,563 | €11,083 | -€10,479 | -48.6% |
| Taxes, remuneration and social security | 45 | €339 | €339 | = | 0.0% |
| Taxes | 450/3 | €339 | €339 | = | 0.0% |
| Other amounts payable | 47/48 | €333 | €35,333 | +€35,000 | +10,500% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,326 | €48,251 | -€6,075 | -11.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €104,684 | €32,143 | -€72,541 | -69.3% |
| Operating profit (loss) | 9901 | €49,852 | -€16,628 | -€66,480 | |
| Financial charges | 65/66B | €1,282 | €774 | -€508 | -39.6% |
| Recurring financial charges | 65 | €1,282 | €774 | -€508 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €48,570 | -€17,402 | -€65,972 | |
| Income taxes | 67/77 | €12,143 | - | -€12,143 | |
| Profit (loss) for the period | 9904 | €36,428 | -€17,402 | -€53,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,428 | -€17,402 | -€53,830 |
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 27 October 2026 via checked.be.