STUDIO MEERSMAN: what changed
STUDIO MEERSMAN
Largest movements
- Cash +€52,008
up €52,008 (+53.5%), from €97,297 to €149,305
- Tangible fixed assets -€5,427
down €5,427 (-5.6%), from €97,662 to €92,235
of which Land and buildings: -€7,454
- Receivables within one year -€4,996
down €4,996 (-43.5%), from €11,492 to €6,496
of which Other amounts receivable: -€5,526
- Reserves +€22,699
up €22,699 (+19.6%), from €115,580 to €138,279
- Trade debts +€11,474
up €11,474 (+772%), from €1,486 to €12,959
- Tax, wage and social debts +€4,342
up €4,342 (+289%), from €1,500 to €5,842
- Other debts +€3,103
up €3,103 (+21.3%), from €14,584 to €17,687
- Taxes +€5,922
up €5,922 (+56.3%), from €10,511 to €16,433
- Depreciation -€2,202
down €2,202 (-15.5%), from €14,187 to €11,985
- Gross operating margin +€1,845
up €1,845 (+3.5%), from €52,780 to €54,624
- Other operating charges -€1,609
down €1,609 (-32.7%), from €4,923 to €3,314
- Financial income -€1,197
down €1,197 (-80.0%), from €1,497 to €300
Change in the result, 2024 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,518 | €249,136 | +€41,618 | +20.1% |
| Fixed assets | 21/28 | €97,787 | €92,360 | -€5,427 | -5.6% |
| Tangible fixed assets | 22/27 | €97,662 | €92,235 | -€5,427 | -5.6% |
| Land and buildings | 22 | €72,533 | €65,079 | -€7,454 | -10.3% |
| Plant, machinery and equipment | 23 | €21,864 | €24,894 | +€3,030 | +13.9% |
| Furniture and vehicles | 24 | €3,266 | €2,262 | -€1,004 | -30.7% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €109,730 | €156,776 | +€47,045 | +42.9% |
| Amounts receivable within one year | 40/41 | €11,492 | €6,496 | -€4,996 | -43.5% |
| Trade receivables | 40 | €5,461 | €5,991 | +€530 | +9.7% |
| Other amounts receivable | 41 | €6,031 | €505 | -€5,526 | -91.6% |
| Cash at bank and in hand | 54/58 | €97,297 | €149,305 | +€52,008 | +53.5% |
| Deferred charges and accrued income | 490/1 | €941 | €974 | +€34 | +3.6% |
| Total equity and liabilities | 10/49 | €207,518 | €249,136 | +€41,618 | +20.1% |
| Equity | 10/15 | €189,948 | €212,648 | +€22,699 | +12.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €115,580 | €138,279 | +€22,699 | +19.6% |
| Distributable reserves | 133 | €115,580 | €138,279 | +€22,699 | +19.6% |
| Amounts payable | 17/49 | €17,570 | €36,488 | +€18,918 | +108% |
| Amounts payable within one year | 42/48 | €17,570 | €36,488 | +€18,918 | +108% |
| Trade debts | 44 | €1,486 | €12,959 | +€11,474 | +772% |
| Suppliers | 440/4 | €1,486 | €12,959 | +€11,474 | +772% |
| Taxes, remuneration and social security | 45 | €1,500 | €5,842 | +€4,342 | +289% |
| Taxes | 450/3 | €1,500 | €5,842 | +€4,342 | +289% |
| Other amounts payable | 47/48 | €14,584 | €17,687 | +€3,103 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,187 | €11,985 | -€2,202 | -15.5% |
| Other operating charges | 640/8 | €4,923 | €3,314 | -€1,609 | -32.7% |
| Gross operating margin | 9900 | €52,780 | €54,624 | +€1,845 | +3.5% |
| Operating profit (loss) | 9901 | €33,670 | €39,325 | +€5,655 | +16.8% |
| Financial income | 75/76B | €1,497 | €300 | -€1,197 | -80.0% |
| Recurring financial income | 75 | €1,497 | €300 | -€1,197 | -80.0% |
| Financial charges | 65/66B | €1,393 | €492 | -€901 | -64.7% |
| Recurring financial charges | 65 | €1,393 | €492 | -€901 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €33,774 | €39,133 | +€5,359 | +15.9% |
| Income taxes | 67/77 | €10,511 | €16,433 | +€5,922 | +56.3% |
| Profit (loss) for the period | 9904 | €23,263 | €22,699 | -€564 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,263 | €22,699 | -€564 | -2.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.