MEYPAND: 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.
MEYPAND
Largest movements
- Tangible fixed assets -€27,831
down €27,831 (-3.3%), from €833,458 to €805,627
of which Land and buildings: -€27,626
- Profit (loss) carried forward -€40,314
down €40,314 (-26.1%), from -€154,199 to -€194,513
- Other debts +€27,718
up €27,718 (+47.3%), from €58,612 to €86,330
- Debts after one year -€26,684
down €26,684 (-3.7%), from €711,965 to €685,281
- Gross operating margin -€8,834
down €8,834, from €8,088 to -€746
- Other operating charges +€125
up €125 (+2.1%), from €6,016 to €6,142
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 | €843,906 | €809,160 | -€34,746 | -4.1% |
| Fixed assets | 21/28 | €833,458 | €805,627 | -€27,831 | -3.3% |
| Tangible fixed assets | 22/27 | €833,458 | €805,627 | -€27,831 | -3.3% |
| Land and buildings | 22 | €831,864 | €804,239 | -€27,626 | -3.3% |
| Furniture and vehicles | 24 | €1,594 | €1,388 | -€206 | -12.9% |
| Current assets | 29/58 | €10,448 | €3,534 | -€6,915 | -66.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,329 | €3,534 | -€6,796 | -65.8% |
| Deferred charges and accrued income | 490/1 | €119 | €0 | -€119 | -100% |
| Total equity and liabilities | 10/49 | €843,906 | €809,160 | -€34,746 | -4.1% |
| Equity | 10/15 | €45,801 | €5,487 | -€40,314 | -88.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,199 | -€194,513 | -€40,314 | -26.1% |
| Amounts payable | 17/49 | €798,106 | €803,674 | +€5,568 | +0.7% |
| Amounts payable after more than one year | 17 | €711,965 | €685,281 | -€26,684 | -3.7% |
| Financial debts | 170/4 | €711,965 | €685,281 | -€26,684 | -3.7% |
| Amounts payable within one year | 42/48 | €86,141 | €118,393 | +€32,252 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €27,423 | €26,684 | -€739 | -2.7% |
| Trade debts | 44 | €106 | €5,379 | +€5,273 | +4,963% |
| Suppliers | 440/4 | €106 | €5,379 | +€5,273 | +4,963% |
| Other amounts payable | 47/48 | €58,612 | €86,330 | +€27,718 | +47.3% |
| Non-recurring operating income | 76A | - | €1,088 | +€1,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,831 | €27,831 | = | 0.0% |
| Other operating charges | 640/8 | €6,016 | €6,142 | +€125 | +2.1% |
| Gross operating margin | 9900 | €8,088 | -€746 | -€8,834 | |
| Operating profit (loss) | 9901 | -€25,760 | -€34,719 | -€8,959 | -34.8% |
| Financial charges | 65/66B | €5,651 | €5,595 | -€55 | -1.0% |
| Recurring financial charges | 65 | €5,651 | €5,595 | -€55 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,410 | -€40,314 | -€8,904 | -28.3% |
| Profit (loss) for the period | 9904 | -€31,410 | -€40,314 | -€8,904 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,410 | -€40,314 | -€8,904 | -28.3% |
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 26 October 2026 via checked.be.