MEYS CONSTRUCT: 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.
MEYS CONSTRUCT
Largest movements
- Tangible fixed assets +€78,816
up €78,816 (+153%), from €51,525 to €130,341
of which Land and buildings: +€89,465
- Cash +€25,235
up €25,235 (+63.2%), from €39,944 to €65,179
mainly Debts after one year (+€64,990) and Depreciation (+€37,924)
- Receivables within one year -€10,928
down €10,928 (-60.2%), from €18,162 to €7,234
of which Other amounts receivable: -€6,968
- Stocks and contracts +€4,066
up €4,066 (+238%), from €1,706 to €5,772
- Intangible fixed assets -€2,500
down €2,500 (-14.1%), from €17,706 to €15,206
- Debts after one year +€64,990
up €64,990 (+10,045%), from €647 to €65,637
- Profit (loss) carried forward +€28,744
up €28,744 (+120%), from €23,881 to €52,625
- Advances received -€6,100
down €6,100 (-100%), from €6,100 to €0
- Trade debts +€4,646
up €4,646 (+94.8%), from €4,902 to €9,548
- Other debts +€3,817
up €3,817 (+7.2%), from €53,368 to €57,185
- Taxes -€6,720
down €6,720 (-44.0%), from €15,260 to €8,540
- Depreciation +€5,628
up €5,628 (+17.4%), from €32,296 to €37,924
- Other operating charges -€3,701
down €3,701 (-30.7%), from €12,062 to €8,361
- Financial charges +€2,853
up €2,853 (+105%), from €2,727 to €5,580
of which Financial charges: +€2,725
- Staff costs -€2,602
down €2,602, from €2,324 to -€278
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 | €136,090 | €229,975 | +€93,885 | +69.0% |
| Formation expenses | 20 | €1,068 | €558 | -€510 | -47.8% |
| Fixed assets | 21/28 | €69,616 | €145,932 | +€76,316 | +110% |
| Intangible fixed assets | 21 | €17,706 | €15,206 | -€2,500 | -14.1% |
| Tangible fixed assets | 22/27 | €51,525 | €130,341 | +€78,816 | +153% |
| Land and buildings | 22 | - | €89,465 | +€89,465 | |
| Plant, machinery and equipment | 23 | €11,864 | €10,797 | -€1,067 | -9.0% |
| Furniture and vehicles | 24 | €27,303 | €23,759 | -€3,544 | -13.0% |
| Leasing and similar rights | 25 | €12,358 | €6,320 | -€6,038 | -48.9% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €65,406 | €83,485 | +€18,079 | +27.6% |
| Stocks and contracts in progress | 3 | €1,706 | €5,772 | +€4,066 | +238% |
| Stocks | 30/36 | €1,706 | €5,772 | +€4,066 | +238% |
| Amounts receivable within one year | 40/41 | €18,162 | €7,234 | -€10,928 | -60.2% |
| Trade receivables | 40 | €4,734 | €774 | -€3,960 | -83.7% |
| Other amounts receivable | 41 | €13,428 | €6,460 | -€6,968 | -51.9% |
| Cash at bank and in hand | 54/58 | €39,944 | €65,179 | +€25,235 | +63.2% |
| Deferred charges and accrued income | 490/1 | €5,594 | €5,300 | -€294 | -5.3% |
| Total equity and liabilities | 10/49 | €136,090 | €229,975 | +€93,885 | +69.0% |
| Equity | 10/15 | €50,881 | €79,625 | +€28,744 | +56.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,500 | €24,500 | = | 0.0% |
| Distributable reserves | 133 | €24,500 | €24,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,881 | €52,625 | +€28,744 | +120% |
| Amounts payable | 17/49 | €85,209 | €150,350 | +€65,141 | +76.4% |
| Amounts payable after more than one year | 17 | €647 | €65,637 | +€64,990 | +10,045% |
| Financial debts | 170/4 | €647 | €65,637 | +€64,990 | +10,045% |
| Amounts payable within one year | 42/48 | €84,562 | €84,713 | +€151 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €7,663 | €6,789 | -€874 | -11.4% |
| Trade debts | 44 | €4,902 | €9,548 | +€4,646 | +94.8% |
| Suppliers | 440/4 | €4,902 | €9,548 | +€4,646 | +94.8% |
| Advances received on contracts in progress | 46 | €6,100 | €0 | -€6,100 | -100% |
| Taxes, remuneration and social security | 45 | €12,529 | €11,191 | -€1,338 | -10.7% |
| Taxes | 450/3 | €12,529 | €11,191 | -€1,338 | -10.7% |
| Other amounts payable | 47/48 | €53,368 | €57,185 | +€3,817 | +7.2% |
| Remuneration, social security and pensions | 62 | €2,324 | -€278 | -€2,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,296 | €37,924 | +€5,628 | +17.4% |
| Other operating charges | 640/8 | €12,062 | €8,361 | -€3,701 | -30.7% |
| Gross operating margin | 9900 | €89,665 | €91,871 | +€2,206 | +2.5% |
| Operating profit (loss) | 9901 | €42,983 | €45,864 | +€2,881 | +6.7% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €2,727 | €5,580 | +€2,853 | +105% |
| Recurring financial charges | 65 | €2,727 | €5,452 | +€2,725 | +99.9% |
| Non-recurring financial charges | 66B | - | €128 | +€128 | |
| Profit (loss) for the period before taxes | 9903 | €40,276 | €40,284 | +€8 | 0.0% |
| Income taxes | 67/77 | €15,260 | €8,540 | -€6,720 | -44.0% |
| Profit (loss) for the period | 9904 | €25,016 | €31,744 | +€6,728 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,016 | €31,744 | +€6,728 | +26.9% |
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.