Rouwcentrum Merckx: 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.
Rouwcentrum Merckx
Largest movements
- Cash +€17,498
up €17,498 (+22.5%), from €77,682 to €95,180
mainly Depreciation (+€28,774) and Net result for the year (+€26,848)
- Receivables within one year -€14,901
down €14,901 (-39.2%), from €37,987 to €23,086
of which Trade receivables: -€14,463
- Tangible fixed assets +€3,512
up €3,512 (+1.9%), from €189,372 to €192,885
of which Furniture and vehicles: +€15,923
- Reserves +€26,848
up €26,848 (+16.2%), from €166,021 to €192,869
of which Distributable reserves: +€28,345
- Debts after one year -€22,136
down €22,136 (-20.0%), from €110,403 to €88,267
- Turnover -€237,425
no longer reported in 2025 (was €237,425)
- Gross operating margin +€41,282
up €41,282 (+109%), from €37,977 to €79,259
- Depreciation +€7,576
up €7,576 (+35.7%), from €21,198 to €28,774
- Taxes +€7,533
up €7,533 (+430%), from €1,751 to €9,284
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 | €334,251 | €337,312 | +€3,061 | +0.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €189,372 | €192,885 | +€3,512 | +1.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €189,372 | €192,885 | +€3,512 | +1.9% |
| Plant, machinery and equipment | 23 | €1,648 | €566 | -€1,081 | -65.6% |
| Furniture and vehicles | 24 | €2,721 | €18,644 | +€15,923 | +585% |
| Other tangible fixed assets | 26 | €185,004 | €173,675 | -€11,329 | -6.1% |
| Current assets | 29/58 | €144,879 | €144,427 | -€452 | -0.3% |
| Stocks and contracts in progress | 3 | €23,674 | €21,723 | -€1,951 | -8.2% |
| Stocks | 30/36 | €23,674 | €21,723 | -€1,951 | -8.2% |
| Amounts receivable within one year | 40/41 | €37,987 | €23,086 | -€14,901 | -39.2% |
| Trade receivables | 40 | €37,549 | €23,086 | -€14,463 | -38.5% |
| Other amounts receivable | 41 | €438 | €1 | -€438 | -99.8% |
| Cash at bank and in hand | 54/58 | €77,682 | €95,180 | +€17,498 | +22.5% |
| Deferred charges and accrued income | 490/1 | €5,535 | €4,438 | -€1,098 | -19.8% |
| Total equity and liabilities | 10/49 | €334,251 | €337,312 | +€3,061 | +0.9% |
| Equity | 10/15 | €172,221 | €199,069 | +€26,848 | +15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €166,021 | €192,869 | +€26,848 | +16.2% |
| Tax-exempt reserves | 132 | €22,275 | €20,778 | -€1,497 | -6.7% |
| Distributable reserves | 133 | €143,746 | €172,091 | +€28,345 | +19.7% |
| Provisions and deferred taxes | 16 | €1,542 | €771 | -€771 | -50.0% |
| Deferred taxes | 168 | €1,542 | €771 | -€771 | -50.0% |
| Amounts payable | 17/49 | €160,488 | €137,472 | -€23,016 | -14.3% |
| Amounts payable after more than one year | 17 | €110,403 | €88,267 | -€22,136 | -20.0% |
| Financial debts | 170/4 | €110,403 | €88,267 | -€22,136 | -20.0% |
| Amounts payable within one year | 42/48 | €49,192 | €46,611 | -€2,581 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €24,277 | €22,136 | -€2,142 | -8.8% |
| Trade debts | 44 | €4,487 | €4,012 | -€475 | -10.6% |
| Suppliers | 440/4 | €4,487 | €4,012 | -€475 | -10.6% |
| Advances received on contracts in progress | 46 | €8,572 | €6,344 | -€2,228 | -26.0% |
| Taxes, remuneration and social security | 45 | €3,416 | €5,745 | +€2,330 | +68.2% |
| Taxes | 450/3 | €2,442 | €3,200 | +€758 | +31.0% |
| Remuneration and social security | 454/9 | €974 | €2,545 | +€1,572 | +161% |
| Other amounts payable | 47/48 | €8,439 | €8,374 | -€66 | -0.8% |
| Accrued charges and deferred income | 492/3 | €893 | €2,593 | +€1,700 | +190% |
| Turnover | 70 | €237,425 | - | -€237,425 | |
| Remuneration, social security and pensions | 62 | €11,161 | €9,509 | -€1,652 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,198 | €28,774 | +€7,576 | +35.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,512 | -€364 | +€1,148 | +76.0% |
| Other operating charges | 640/8 | €2,508 | €3,022 | +€514 | +20.5% |
| Gross operating margin | 9900 | €37,977 | €79,259 | +€41,282 | +109% |
| Operating profit (loss) | 9901 | €4,623 | €38,318 | +€33,695 | +729% |
| Financial income | 75/76B | €1,015 | €887 | -€128 | -12.6% |
| Recurring financial income | 75 | €1,015 | €887 | -€128 | -12.6% |
| Financial charges | 65/66B | €5,365 | €3,844 | -€1,520 | -28.3% |
| Recurring financial charges | 65 | €5,365 | €3,844 | -€1,520 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €273 | €35,361 | +€35,088 | +12,830% |
| Transfer from deferred taxes | 780 | €771 | €771 | = | 0.0% |
| Income taxes | 67/77 | €1,751 | €9,284 | +€7,533 | +430% |
| Profit (loss) for the period | 9904 | -€707 | €26,848 | +€27,554 | |
| Transfer from tax-exempt reserves | 789 | €1,497 | €1,497 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €791 | €28,345 | +€27,554 | +3,485% |
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 1 November 2026 via checked.be.