MEYREL: 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.
MEYREL
Largest movements
- Cash -€41,236
down €41,236 (-64.0%), from €64,462 to €23,226
mainly Net result for the year (-€36,692) and Investment in fixed assets (net) (-€7,315)
- Receivables within one year -€3,276
down €3,276 (-42.0%), from €7,797 to €4,521
- Tangible fixed assets +€1,664
up €1,664 (+10.6%), from €15,693 to €17,356
of which Land and buildings: +€2,934
- Profit (loss) carried forward -€36,692
new in 2025: -€36,692
- Tax, wage and social debts -€6,272
no longer reported in 2025 (was €6,272)
of which Taxes: -€6,209
- Gross operating margin -€64,982
down €64,982, from €34,732 to -€30,250
- Taxes -€6,209
no longer reported in 2025 (was €6,209)
- Other operating charges +€411
up €411 (+190.7%), from €216 to €626
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 | €87,951 | €45,103 | -€42,848 | -48.7% |
| Fixed assets | 21/28 | €15,693 | €17,356 | +€1,664 | +10.6% |
| Tangible fixed assets | 22/27 | €15,693 | €17,356 | +€1,664 | +10.6% |
| Land and buildings | 22 | €3,384 | €6,318 | +€2,934 | +86.7% |
| Plant, machinery and equipment | 23 | €9,787 | €7,224 | -€2,563 | -26.2% |
| Furniture and vehicles | 24 | €2,521 | €3,814 | +€1,293 | +51.3% |
| Current assets | 29/58 | €72,258 | €27,747 | -€44,512 | -61.6% |
| Amounts receivable within one year | 40/41 | €7,797 | €4,521 | -€3,276 | -42.0% |
| Other amounts receivable | 41 | €7,797 | €4,521 | -€3,276 | -42.0% |
| Cash at bank and in hand | 54/58 | €64,462 | €23,226 | -€41,236 | -64.0% |
| Total equity and liabilities | 10/49 | €87,951 | €45,103 | -€42,848 | -48.7% |
| Equity | 10/15 | €79,862 | €43,171 | -€36,692 | -45.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €74,862 | €74,862 | = | 0.0% |
| Distributable reserves | 133 | €74,862 | €74,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,692 | -€36,692 | |
| Amounts payable | 17/49 | €8,089 | €1,932 | -€6,156 | -76.1% |
| Amounts payable within one year | 42/48 | €8,089 | €1,932 | -€6,156 | -76.1% |
| Taxes, remuneration and social security | 45 | €6,272 | - | -€6,272 | |
| Taxes | 450/3 | €6,209 | - | -€6,209 | |
| Remuneration and social security | 454/9 | €63 | - | -€63 | |
| Other amounts payable | 47/48 | €1,817 | €1,932 | +€116 | +6.4% |
| Remuneration, social security and pensions | 62 | €91 | - | -€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,718 | €5,652 | -€66 | -1.1% |
| Other operating charges | 640/8 | €216 | €626 | +€411 | +190.7% |
| Gross operating margin | 9900 | €34,732 | -€30,250 | -€64,982 | |
| Operating profit (loss) | 9901 | €28,708 | -€36,528 | -€65,236 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €144 | €163 | +€19 | +13.1% |
| Recurring financial charges | 65 | €144 | €163 | +€19 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €28,564 | -€36,692 | -€65,255 | |
| Income taxes | 67/77 | €6,209 | - | -€6,209 | |
| Profit (loss) for the period | 9904 | €22,355 | -€36,692 | -€59,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,355 | -€36,692 | -€59,046 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.