MEYVISCH AFSLANKING: 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.
MEYVISCH AFSLANKING
Largest movements
- Tangible fixed assets -€9,222
down €9,222 (-7.0%), from €132,658 to €123,436
of which Furniture and vehicles: -€8,545
- Cash -€7,628
down €7,628 (-48.4%), from €15,768 to €8,139
mainly Investment in fixed assets (net) (-€26,498) and Debts after one year (-€10,227)
- Receivables within one year -€2,911
down €2,911 (-97.4%), from €2,989 to €78
of which Other amounts receivable: -€2,989
- Debts after one year -€10,227
down €10,227 (-16.3%), from €62,755 to €52,528
- Other debts -€6,108
down €6,108 (-14.9%), from €40,983 to €34,876
- Current portion of long-term debt -€4,074
down €4,074 (-19.2%), from €21,240 to €17,166
- Depreciation +€11,314
up €11,314 (+46.4%), from €24,406 to €35,720
- Gross operating margin -€9,795
down €9,795 (-16.4%), from €59,712 to €49,917
- Financial charges +€1,128
up €1,128 (+48.1%), from €2,348 to €3,476
- Taxes -€682
down €682 (-82.5%), from €827 to €145
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 | €155,231 | €135,007 | -€20,224 | -13.0% |
| Fixed assets | 21/28 | €132,658 | €123,436 | -€9,222 | -7.0% |
| Tangible fixed assets | 22/27 | €132,658 | €123,436 | -€9,222 | -7.0% |
| Plant, machinery and equipment | 23 | €90,388 | €89,711 | -€678 | -0.7% |
| Furniture and vehicles | 24 | €42,270 | €33,725 | -€8,545 | -20.2% |
| Current assets | 29/58 | €22,573 | €11,571 | -€11,002 | -48.7% |
| Stocks and contracts in progress | 3 | €1,049 | €565 | -€484 | -46.2% |
| Stocks | 30/36 | €1,049 | €565 | -€484 | -46.2% |
| Amounts receivable within one year | 40/41 | €2,989 | €78 | -€2,911 | -97.4% |
| Trade receivables | 40 | - | €78 | +€78 | |
| Other amounts receivable | 41 | €2,989 | €0 | -€2,989 | -100% |
| Cash at bank and in hand | 54/58 | €15,768 | €8,139 | -€7,628 | -48.4% |
| Deferred charges and accrued income | 490/1 | €2,767 | €2,789 | +€21 | +0.8% |
| Total equity and liabilities | 10/49 | €155,231 | €135,007 | -€20,224 | -13.0% |
| Equity | 10/15 | €26,811 | €26,438 | -€373 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,211 | €8,211 | = | 0.0% |
| Distributable reserves | 133 | €8,211 | €8,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€373 | -€373 | |
| Amounts payable | 17/49 | €128,420 | €108,569 | -€19,851 | -15.5% |
| Amounts payable after more than one year | 17 | €62,755 | €52,528 | -€10,227 | -16.3% |
| Financial debts | 170/4 | €62,755 | €52,528 | -€10,227 | -16.3% |
| Amounts payable within one year | 42/48 | €65,370 | €55,841 | -€9,529 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €21,240 | €17,166 | -€4,074 | -19.2% |
| Trade debts | 44 | €2,319 | €2,479 | +€159 | +6.9% |
| Suppliers | 440/4 | €2,319 | €2,479 | +€159 | +6.9% |
| Taxes, remuneration and social security | 45 | €827 | €1,321 | +€493 | +59.6% |
| Taxes | 450/3 | €827 | €1,321 | +€493 | +59.6% |
| Other amounts payable | 47/48 | €40,983 | €34,876 | -€6,108 | -14.9% |
| Accrued charges and deferred income | 492/3 | €295 | €200 | -€95 | -32.3% |
| Non-recurring operating income | 76A | €3,403 | €0 | -€3,403 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,406 | €35,720 | +€11,314 | +46.4% |
| Other operating charges | 640/8 | €1,089 | €1,386 | +€297 | +27.3% |
| Non-recurring operating charges | 66A | €0 | €9,562 | +€9,562 | |
| Gross operating margin | 9900 | €59,712 | €49,917 | -€9,795 | -16.4% |
| Operating profit (loss) | 9901 | €34,217 | €3,249 | -€30,968 | -90.5% |
| Financial income | 75/76B | €71 | €0 | -€71 | -100% |
| Recurring financial income | 75 | €71 | €0 | -€71 | -100% |
| Financial charges | 65/66B | €2,348 | €3,476 | +€1,128 | +48.1% |
| Recurring financial charges | 65 | €2,348 | €3,476 | +€1,128 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €31,940 | -€228 | -€32,168 | |
| Income taxes | 67/77 | €827 | €145 | -€682 | -82.5% |
| Profit (loss) for the period | 9904 | €31,113 | -€373 | -€31,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,113 | -€373 | -€31,486 |
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 24 October 2026 via checked.be.