Sam Meyvis: 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.
Sam Meyvis
Largest movements
- Cash -€52,076
down €52,076 (-52.0%), from €100,198 to €48,122
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€30,822)
- Deferred charges and accrued income +€21,400
up €21,400 (+670%), from €3,195 to €24,596
- Tangible fixed assets -€10,016
down €10,016 (-4.9%), from €203,539 to €193,523
of which Furniture and vehicles: -€10,330
- Receivables within one year -€5,994
down €5,994 (-11.3%), from €53,090 to €47,096
of which Trade receivables: -€9,368
- Profit (loss) carried forward -€50,000
down €50,000 (-38.0%), from €131,477 to €81,477
- Other debts +€42,500
new in 2025: €42,500
- Tax, wage and social debts -€30,822
down €30,822 (-75.4%), from €40,866 to €10,043
- Debts after one year -€13,195
down €13,195 (-9.7%), from €135,767 to €122,572
- Reserves +€6,496
up €6,496 (+21.6%), from €30,134 to €36,630
- Gross operating margin -€94,811
down €94,811 (-60.9%), from €155,771 to €60,959
- Staff costs -€28,356
down €28,356 (-64.3%), from €44,094 to €15,737
- Taxes -€16,536
down €16,536 (-85.2%), from €19,404 to €2,868
- Depreciation +€3,734
up €3,734 (+15.8%), from €23,689 to €27,422
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 | €360,023 | €313,337 | -€46,686 | -13.0% |
| Fixed assets | 21/28 | €203,539 | €193,523 | -€10,016 | -4.9% |
| Tangible fixed assets | 22/27 | €203,539 | €193,523 | -€10,016 | -4.9% |
| Land and buildings | 22 | €137,238 | €129,953 | -€7,285 | -5.3% |
| Plant, machinery and equipment | 23 | €6,558 | €14,156 | +€7,599 | +116% |
| Furniture and vehicles | 24 | €59,744 | €49,414 | -€10,330 | -17.3% |
| Current assets | 29/58 | €156,483 | €119,814 | -€36,670 | -23.4% |
| Amounts receivable within one year | 40/41 | €53,090 | €47,096 | -€5,994 | -11.3% |
| Trade receivables | 40 | €13,083 | €3,715 | -€9,368 | -71.6% |
| Other amounts receivable | 41 | €40,007 | €43,380 | +€3,374 | +8.4% |
| Cash at bank and in hand | 54/58 | €100,198 | €48,122 | -€52,076 | -52.0% |
| Deferred charges and accrued income | 490/1 | €3,195 | €24,596 | +€21,400 | +670% |
| Total equity and liabilities | 10/49 | €360,023 | €313,337 | -€46,686 | -13.0% |
| Equity | 10/15 | €166,612 | €123,108 | -€43,504 | -26.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,134 | €36,630 | +€6,496 | +21.6% |
| Distributable reserves | 133 | €30,134 | €36,630 | +€6,496 | +21.6% |
| Profit (loss) carried forward | 14 | €131,477 | €81,477 | -€50,000 | -38.0% |
| Amounts payable | 17/49 | €193,411 | €190,229 | -€3,182 | -1.6% |
| Amounts payable after more than one year | 17 | €135,767 | €122,572 | -€13,195 | -9.7% |
| Financial debts | 170/4 | €135,767 | €122,572 | -€13,195 | -9.7% |
| Amounts payable within one year | 42/48 | €57,644 | €67,658 | +€10,013 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €13,405 | €13,571 | +€166 | +1.2% |
| Trade debts | 44 | €3,373 | €1,543 | -€1,830 | -54.2% |
| Suppliers | 440/4 | €3,373 | €1,543 | -€1,830 | -54.2% |
| Taxes, remuneration and social security | 45 | €40,866 | €10,043 | -€30,822 | -75.4% |
| Taxes | 450/3 | €40,866 | €10,043 | -€30,822 | -75.4% |
| Other amounts payable | 47/48 | - | €42,500 | +€42,500 | |
| Remuneration, social security and pensions | 62 | €44,094 | €15,737 | -€28,356 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,689 | €27,422 | +€3,734 | +15.8% |
| Other operating charges | 640/8 | €1,146 | €1,828 | +€682 | +59.5% |
| Gross operating margin | 9900 | €155,771 | €60,959 | -€94,811 | -60.9% |
| Operating profit (loss) | 9901 | €86,842 | €15,971 | -€70,871 | -81.6% |
| Financial charges | 65/66B | €7,204 | €6,608 | -€596 | -8.3% |
| Recurring financial charges | 65 | €7,204 | €6,608 | -€596 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €79,638 | €9,364 | -€70,275 | -88.2% |
| Income taxes | 67/77 | €19,404 | €2,868 | -€16,536 | -85.2% |
| Profit (loss) for the period | 9904 | €60,234 | €6,496 | -€53,739 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,234 | €6,496 | -€53,739 | -89.2% |
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 23 October 2026 via checked.be.