Super De Meyer: 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.
Super De Meyer
Largest movements
- Tangible fixed assets -€45,467
down €45,467 (-8.1%), from €559,405 to €513,937
of which Other tangible fixed assets: -€37,915
- Stocks and contracts -€39,280
down €39,280 (-16.6%), from €236,925 to €197,645
- Receivables within one year -€18,840
down €18,840 (-7.6%), from €248,352 to €229,512
of which Other amounts receivable: -€21,081
- Cash +€16,675
up €16,675 (+7.3%), from €227,556 to €244,231
mainly Net result for the year (+€120,297) and Depreciation (+€95,307)
- Other debts -€128,228
down €128,228 (-87.6%), from €146,436 to €18,207
- Reserves +€120,297
up €120,297 (+71.6%), from €167,949 to €288,245
- Debts after one year -€101,156
down €101,156 (-14.7%), from €689,839 to €588,683
of which Financial debts: -€54,614
- Trade debts +€33,853
up €33,853 (+61.2%), from €55,306 to €89,160
- Tax, wage and social debts -€13,452
down €13,452 (-17.6%), from €76,525 to €63,073
- Gross operating margin +€85,644
up €85,644 (+16.3%), from €526,353 to €611,997
- Taxes +€40,074
new in 2025: €40,074
- Depreciation +€9,608
up €9,608 (+11.2%), from €85,700 to €95,307
- Staff costs -€8,707
down €8,707 (-2.5%), from €350,655 to €341,948
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.
Cash bridge derived
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 | €1,277,916 | €1,189,945 | -€87,972 | -6.9% |
| Fixed assets | 21/28 | €560,137 | €514,670 | -€45,467 | -8.1% |
| Tangible fixed assets | 22/27 | €559,405 | €513,937 | -€45,467 | -8.1% |
| Plant, machinery and equipment | 23 | €97,639 | €90,144 | -€7,496 | -7.7% |
| Furniture and vehicles | 24 | €57 | €0 | -€57 | -100.0% |
| Other tangible fixed assets | 26 | €461,708 | €423,794 | -€37,915 | -8.2% |
| Financial fixed assets | 28 | €732 | €732 | = | 0.0% |
| Current assets | 29/58 | €717,779 | €675,275 | -€42,504 | -5.9% |
| Stocks and contracts in progress | 3 | €236,925 | €197,645 | -€39,280 | -16.6% |
| Stocks | 30/36 | €236,925 | €197,645 | -€39,280 | -16.6% |
| Amounts receivable within one year | 40/41 | €248,352 | €229,512 | -€18,840 | -7.6% |
| Trade receivables | 40 | €33,383 | €35,625 | +€2,241 | +6.7% |
| Other amounts receivable | 41 | €214,968 | €193,887 | -€21,081 | -9.8% |
| Cash at bank and in hand | 54/58 | €227,556 | €244,231 | +€16,675 | +7.3% |
| Deferred charges and accrued income | 490/1 | €4,947 | €3,888 | -€1,059 | -21.4% |
| Total equity and liabilities | 10/49 | €1,277,916 | €1,189,945 | -€87,972 | -6.9% |
| Equity | 10/15 | €242,949 | €363,245 | +€120,297 | +49.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €167,949 | €288,245 | +€120,297 | +71.6% |
| Distributable reserves | 133 | €167,949 | €288,245 | +€120,297 | +71.6% |
| Amounts payable | 17/49 | €1,034,967 | €826,699 | -€208,268 | -20.1% |
| Amounts payable after more than one year | 17 | €689,839 | €588,683 | -€101,156 | -14.7% |
| Financial debts | 170/4 | €345,604 | €290,989 | -€54,614 | -15.8% |
| Trade debts | 175 | €344,235 | €297,694 | -€46,542 | -13.5% |
| Amounts payable within one year | 42/48 | €344,793 | €233,199 | -€111,594 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €66,526 | €62,759 | -€3,767 | -5.7% |
| Trade debts | 44 | €55,306 | €89,160 | +€33,853 | +61.2% |
| Suppliers | 440/4 | €55,306 | €89,160 | +€33,853 | +61.2% |
| Taxes, remuneration and social security | 45 | €76,525 | €63,073 | -€13,452 | -17.6% |
| Remuneration and social security | 454/9 | €76,525 | €63,073 | -€13,452 | -17.6% |
| Other amounts payable | 47/48 | €146,436 | €18,207 | -€128,228 | -87.6% |
| Accrued charges and deferred income | 492/3 | €335 | €4,817 | +€4,482 | +1337.9% |
| Remuneration, social security and pensions | 62 | €350,655 | €341,948 | -€8,707 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,700 | €95,307 | +€9,608 | +11.2% |
| Other operating charges | 640/8 | €3,361 | €2,610 | -€751 | -22.3% |
| Gross operating margin | 9900 | €526,353 | €611,997 | +€85,644 | +16.3% |
| Operating profit (loss) | 9901 | €86,637 | €172,132 | +€85,495 | +98.7% |
| Financial income | 75/76B | €3,031 | €3,163 | +€132 | +4.3% |
| Recurring financial income | 75 | €3,031 | €3,163 | +€132 | +4.3% |
| Financial charges | 65/66B | €17,678 | €14,923 | -€2,755 | -15.6% |
| Recurring financial charges | 65 | €17,678 | €14,923 | -€2,755 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €71,989 | €160,371 | +€88,382 | +122.8% |
| Income taxes | 67/77 | - | €40,074 | +€40,074 | |
| Profit (loss) for the period | 9904 | €71,989 | €120,297 | +€48,307 | +67.1% |
| Transfer from tax-exempt reserves | 789 | €18,750 | €0 | -€18,750 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,739 | €120,297 | +€29,557 | +32.6% |
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 9 October 2026 via checked.be.