OUD MERCHTEM: 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.
OUD MERCHTEM
Largest movements
- Cash -€18,362
down €18,362 (-96.7%), from €18,983 to €621
mainly Other debts (-€32,000) and Net result for the year (-€1,898)
- Tangible fixed assets -€16,498
down €16,498 (-27.5%), from €60,051 to €43,553
of which Land and buildings: -€10,800
- Other debts -€32,000
down €32,000 (-37.6%), from €85,002 to €53,002
- Profit (loss) carried forward -€1,898
down €1,898 (-7.3%), from -€25,996 to -€27,894
- Gross operating margin -€5,746
down €5,746 (-26.3%), from €21,888 to €16,142
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 | €79,894 | €45,116 | -€34,778 | -43.5% |
| Fixed assets | 21/28 | €60,051 | €43,553 | -€16,498 | -27.5% |
| Tangible fixed assets | 22/27 | €60,051 | €43,553 | -€16,498 | -27.5% |
| Land and buildings | 22 | €36,900 | €26,100 | -€10,800 | -29.3% |
| Other tangible fixed assets | 26 | €23,151 | €17,453 | -€5,698 | -24.6% |
| Current assets | 29/58 | €19,844 | €1,563 | -€18,281 | -92.1% |
| Amounts receivable within one year | 40/41 | - | €61 | +€61 | |
| Other amounts receivable | 41 | - | €61 | +€61 | |
| Cash at bank and in hand | 54/58 | €18,983 | €621 | -€18,362 | -96.7% |
| Deferred charges and accrued income | 490/1 | €861 | €881 | +€20 | +2.3% |
| Total equity and liabilities | 10/49 | €79,894 | €45,116 | -€34,778 | -43.5% |
| Equity | 10/15 | -€17,796 | -€19,694 | -€1,898 | -10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,996 | -€27,894 | -€1,898 | -7.3% |
| Amounts payable | 17/49 | €97,690 | €64,810 | -€32,880 | -33.7% |
| Amounts payable within one year | 42/48 | €86,377 | €53,488 | -€32,889 | -38.1% |
| Trade debts | 44 | €305 | - | -€305 | |
| Suppliers | 440/4 | €305 | - | -€305 | |
| Taxes, remuneration and social security | 45 | €1,070 | €486 | -€584 | -54.6% |
| Taxes | 450/3 | €1,070 | €486 | -€584 | -54.6% |
| Other amounts payable | 47/48 | €85,002 | €53,002 | -€32,000 | -37.6% |
| Accrued charges and deferred income | 492/3 | €11,313 | €11,322 | +€9 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,498 | €16,498 | = | 0.0% |
| Other operating charges | 640/8 | €1,339 | €1,381 | +€42 | +3.1% |
| Gross operating margin | 9900 | €21,888 | €16,142 | -€5,746 | -26.3% |
| Operating profit (loss) | 9901 | €4,052 | -€1,736 | -€5,788 | |
| Financial charges | 65/66B | €140 | €162 | +€22 | +15.5% |
| Recurring financial charges | 65 | €140 | €162 | +€22 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €3,912 | -€1,898 | -€5,810 | |
| Profit (loss) for the period | 9904 | €3,912 | -€1,898 | -€5,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,912 | -€1,898 | -€5,810 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.