MEYSUN: 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.
MEYSUN
Largest movements
- Cash +€17,253
up €17,253 (+39.0%), from €44,202 to €61,455
mainly Net result for the year (+€13,187) and Tax, wage and social debts (+€7,653)
- Receivables within one year +€3,124
up €3,124 (+178.4%), from €1,751 to €4,875
- Stocks and contracts -€863
down €863 (-20.0%), from €4,307 to €3,444
- Reserves +€12,500
up €12,500 (+34.7%), from €36,000 to €48,500
- Tax, wage and social debts +€7,653
up €7,653 (+62.3%), from €12,278 to €19,931
of which Taxes: +€7,342
- Debts after one year -€3,097
no longer reported in 2024 (was €3,097)
- Gross operating margin -€17,472
down €17,472 (-38.2%), from €45,733 to €28,262
- Taxes -€3,470
down €3,470 (-37.1%), from €9,350 to €5,880
- Staff costs -€2,590
down €2,590 (-32.3%), from €8,009 to €5,419
- Depreciation -€835
down €835 (-27.2%), from €3,067 to €2,232
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,365 | €83,160 | +€18,795 | +29.2% |
| Fixed assets | 21/28 | €12,916 | €12,730 | -€186 | -1.4% |
| Intangible fixed assets | 21 | €3,500 | €3,000 | -€500 | -14.3% |
| Tangible fixed assets | 22/27 | €6,179 | €6,493 | +€314 | +5.1% |
| Plant, machinery and equipment | 23 | €2,762 | €2,038 | -€723 | -26.2% |
| Furniture and vehicles | 24 | €3,418 | €4,455 | +€1,038 | +30.4% |
| Financial fixed assets | 28 | €3,236 | €3,236 | = | 0.0% |
| Current assets | 29/58 | €51,449 | €70,430 | +€18,981 | +36.9% |
| Stocks and contracts in progress | 3 | €4,307 | €3,444 | -€863 | -20.0% |
| Stocks | 30/36 | €4,307 | €3,444 | -€863 | -20.0% |
| Amounts receivable within one year | 40/41 | €1,751 | €4,875 | +€3,124 | +178.4% |
| Trade receivables | 40 | €1,751 | €4,875 | +€3,124 | +178.4% |
| Cash at bank and in hand | 54/58 | €44,202 | €61,455 | +€17,253 | +39.0% |
| Deferred charges and accrued income | 490/1 | €1,189 | €656 | -€533 | -44.8% |
| Total equity and liabilities | 10/49 | €64,365 | €83,160 | +€18,795 | +29.2% |
| Equity | 10/15 | €39,456 | €52,643 | +€13,187 | +33.4% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €36,000 | €48,500 | +€12,500 | +34.7% |
| Distributable reserves | 133 | €36,000 | €48,500 | +€12,500 | +34.7% |
| Profit (loss) carried forward | 14 | €3,256 | €3,943 | +€687 | +21.1% |
| Amounts payable | 17/49 | €24,909 | €30,517 | +€5,608 | +22.5% |
| Amounts payable after more than one year | 17 | €3,097 | - | -€3,097 | |
| Financial debts | 170/4 | €3,097 | - | -€3,097 | |
| Amounts payable within one year | 42/48 | €21,812 | €30,517 | +€8,705 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €3,048 | €3,097 | +€50 | +1.6% |
| Trade debts | 44 | €4,479 | €5,118 | +€639 | +14.3% |
| Suppliers | 440/4 | €4,479 | €5,118 | +€639 | +14.3% |
| Taxes, remuneration and social security | 45 | €12,278 | €19,931 | +€7,653 | +62.3% |
| Taxes | 450/3 | €11,501 | €18,842 | +€7,342 | +63.8% |
| Remuneration and social security | 454/9 | €777 | €1,089 | +€312 | +40.1% |
| Other amounts payable | 47/48 | €2,007 | €2,370 | +€364 | +18.1% |
| Non-recurring operating income | 76A | €3,508 | - | -€3,508 | |
| Remuneration, social security and pensions | 62 | €8,009 | €5,419 | -€2,590 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,067 | €2,232 | -€835 | -27.2% |
| Other operating charges | 640/8 | €1,504 | €1,256 | -€248 | -16.5% |
| Gross operating margin | 9900 | €45,733 | €28,262 | -€17,472 | -38.2% |
| Operating profit (loss) | 9901 | €33,152 | €19,355 | -€13,798 | -41.6% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €545 | €302 | -€243 | -44.6% |
| Recurring financial charges | 65 | €545 | €302 | -€243 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €32,607 | €19,068 | -€13,539 | -41.5% |
| Income taxes | 67/77 | €9,350 | €5,880 | -€3,470 | -37.1% |
| Profit (loss) for the period | 9904 | €23,257 | €13,187 | -€10,069 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,257 | €13,187 | -€10,069 | -43.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.