MEYRO: 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.
MEYRO
Largest movements
- Cash -€33,075
down €33,075 (-48.7%), from €67,889 to €34,813
mainly Other debts (-€45,933) and Investment in fixed assets (net) (-€31,052)
- Receivables within one year -€19,285
down €19,285 (-25.2%), from €76,668 to €57,383
of which Other amounts receivable: -€20,090
- Tangible fixed assets -€11,709
down €11,709 (-7.7%), from €151,092 to €139,383
of which Furniture and vehicles: -€9,639
- Stocks and contracts -€5,441
down €5,441 (-40.3%), from €13,497 to €8,057
- Deferred charges and accrued income +€3,199
up €3,199 (+187%), from €1,708 to €4,906
- Other debts -€45,933
no longer reported in 2025 (was €45,933)
- Reserves -€16,553
down €16,553 (-13.5%), from €122,362 to €105,808
of which Distributable reserves: -€16,553
- Tax, wage and social debts -€10,743
down €10,743 (-42.3%), from €25,374 to €14,631
of which Taxes: -€9,330
- Trade debts +€3,820
up €3,820 (+5.2%), from €74,128 to €77,948
- Gross operating margin +€5,585
up €5,585 (+3.5%), from €160,402 to €165,987
- Staff costs +€2,834
up €2,834 (+3.2%), from €87,545 to €90,378
- Depreciation +€2,272
up €2,272 (+5.6%), from €40,617 to €42,889
- Financial charges -€1,899
down €1,899 (-14.0%), from €13,547 to €11,648
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 | €311,474 | €245,035 | -€66,439 | -21.3% |
| Fixed assets | 21/28 | €151,713 | €139,876 | -€11,837 | -7.8% |
| Intangible fixed assets | 21 | €170 | €43 | -€128 | -75.0% |
| Tangible fixed assets | 22/27 | €151,092 | €139,383 | -€11,709 | -7.7% |
| Plant, machinery and equipment | 23 | €65,861 | €73,065 | +€7,205 | +10.9% |
| Furniture and vehicles | 24 | €45,636 | €35,997 | -€9,639 | -21.1% |
| Other tangible fixed assets | 26 | €39,596 | €30,321 | -€9,275 | -23.4% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €159,762 | €105,159 | -€54,603 | -34.2% |
| Stocks and contracts in progress | 3 | €13,497 | €8,057 | -€5,441 | -40.3% |
| Stocks | 30/36 | €13,497 | €8,057 | -€5,441 | -40.3% |
| Amounts receivable within one year | 40/41 | €76,668 | €57,383 | -€19,285 | -25.2% |
| Trade receivables | 40 | €4,732 | €5,536 | +€805 | +17.0% |
| Other amounts receivable | 41 | €71,937 | €51,847 | -€20,090 | -27.9% |
| Cash at bank and in hand | 54/58 | €67,889 | €34,813 | -€33,075 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,708 | €4,906 | +€3,199 | +187% |
| Total equity and liabilities | 10/49 | €311,474 | €245,035 | -€66,439 | -21.3% |
| Equity | 10/15 | €135,000 | €118,447 | -€16,553 | -12.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,362 | €105,808 | -€16,553 | -13.5% |
| Tax-exempt reserves | 132 | €3,803 | €3,803 | = | 0.0% |
| Distributable reserves | 133 | €118,558 | €102,005 | -€16,553 | -14.0% |
| Profit (loss) carried forward | 14 | €238 | €238 | = | 0.0% |
| Amounts payable | 17/49 | €176,474 | €126,588 | -€49,886 | -28.3% |
| Amounts payable after more than one year | 17 | €13,629 | €14,972 | +€1,343 | +9.9% |
| Financial debts | 170/4 | €13,629 | €14,972 | +€1,343 | +9.9% |
| Amounts payable within one year | 42/48 | €162,845 | €111,616 | -€51,229 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €17,410 | €17,787 | +€377 | +2.2% |
| Financial debts | 43 | - | €1,250 | +€1,250 | |
| Credit institutions | 430/8 | - | €1,250 | +€1,250 | |
| Trade debts | 44 | €74,128 | €77,948 | +€3,820 | +5.2% |
| Suppliers | 440/4 | €74,128 | €77,948 | +€3,820 | +5.2% |
| Taxes, remuneration and social security | 45 | €25,374 | €14,631 | -€10,743 | -42.3% |
| Taxes | 450/3 | €14,766 | €5,437 | -€9,330 | -63.2% |
| Remuneration and social security | 454/9 | €10,608 | €9,195 | -€1,413 | -13.3% |
| Other amounts payable | 47/48 | €45,933 | - | -€45,933 | |
| Remuneration, social security and pensions | 62 | €87,545 | €90,378 | +€2,834 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,617 | €42,889 | +€2,272 | +5.6% |
| Other operating charges | 640/8 | €2,281 | €1,979 | -€302 | -13.3% |
| Gross operating margin | 9900 | €160,402 | €165,987 | +€5,585 | +3.5% |
| Operating profit (loss) | 9901 | €29,960 | €30,741 | +€782 | +2.6% |
| Financial income | 75/76B | €835 | €34 | -€801 | -95.9% |
| Recurring financial income | 75 | €835 | €34 | -€801 | -95.9% |
| Financial charges | 65/66B | €13,547 | €11,648 | -€1,899 | -14.0% |
| Recurring financial charges | 65 | €13,547 | €11,648 | -€1,899 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €17,248 | €19,128 | +€1,880 | +10.9% |
| Income taxes | 67/77 | €6,902 | €5,894 | -€1,007 | -14.6% |
| Profit (loss) for the period | 9904 | €10,346 | €13,234 | +€2,887 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,346 | €13,234 | +€2,887 | +27.9% |
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 17 October 2026 via checked.be.