TO MEROS: 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.
TO MEROS
Largest movements
- Tangible fixed assets -€3,617
down €3,617 (-16.0%), from €22,610 to €18,993
of which Plant, machinery and equipment: -€4,237
- Receivables within one year +€3,382
up €3,382 (+58.1%), from €5,816 to €9,198
of which Other amounts receivable: +€2,975
- Stocks and contracts -€625
down €625 (-18.4%), from €3,405 to €2,780
- Cash +€540
up €540 (+133%), from €406 to €946
mainly Net result for the year (+€7,735) and Depreciation (+€4,733)
- Profit (loss) carried forward +€7,735
up €7,735, from -€6,885 to €851
- Debts after one year -€5,861
down €5,861 (-27.9%), from €20,978 to €15,117
- Other debts -€1,092
no longer reported in 2024 (was €1,092)
- Trade debts -€882
down €882 (-15.3%), from €5,782 to €4,899
- Accrued charges and deferred income -€750
no longer reported in 2024 (was €750)
- Gross operating margin +€17,689
up €17,689, from -€2,918 to €14,771
- Depreciation +€2,344
up €2,344 (+98.1%), from €2,389 to €4,733
- Financial charges +€597
up €597 (+54.0%), from €1,106 to €1,702
- Taxes +€376
new in 2024: €376
- Financial income +€263
new in 2024: €263
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,237 | €32,104 | -€133 | -0.4% |
| Fixed assets | 21/28 | €22,610 | €18,993 | -€3,617 | -16.0% |
| Tangible fixed assets | 22/27 | €22,610 | €18,993 | -€3,617 | -16.0% |
| Plant, machinery and equipment | 23 | €20,750 | €16,513 | -€4,237 | -20.4% |
| Furniture and vehicles | 24 | €1,860 | €2,480 | +€620 | +33.3% |
| Current assets | 29/58 | €9,627 | €13,111 | +€3,483 | +36.2% |
| Stocks and contracts in progress | 3 | €3,405 | €2,780 | -€625 | -18.4% |
| Stocks | 30/36 | €3,405 | €2,780 | -€625 | -18.4% |
| Amounts receivable within one year | 40/41 | €5,816 | €9,198 | +€3,382 | +58.1% |
| Trade receivables | 40 | - | €407 | +€407 | |
| Other amounts receivable | 41 | €5,816 | €8,791 | +€2,975 | +51.1% |
| Cash at bank and in hand | 54/58 | €406 | €946 | +€540 | +133% |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €32,237 | €32,104 | -€133 | -0.4% |
| Equity | 10/15 | -€1,885 | €5,851 | +€7,735 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,885 | €851 | +€7,735 | |
| Amounts payable | 17/49 | €34,122 | €26,253 | -€7,869 | -23.1% |
| Amounts payable after more than one year | 17 | €20,978 | €15,117 | -€5,861 | -27.9% |
| Financial debts | 170/4 | €20,978 | €15,117 | -€5,861 | -27.9% |
| Amounts payable within one year | 42/48 | €12,394 | €11,136 | -€1,258 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €5,521 | €5,861 | +€340 | +6.2% |
| Trade debts | 44 | €5,782 | €4,899 | -€882 | -15.3% |
| Suppliers | 440/4 | €5,782 | €4,899 | -€882 | -15.3% |
| Taxes, remuneration and social security | 45 | - | €376 | +€376 | |
| Taxes | 450/3 | - | €376 | +€376 | |
| Other amounts payable | 47/48 | €1,092 | - | -€1,092 | |
| Accrued charges and deferred income | 492/3 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,389 | €4,733 | +€2,344 | +98.1% |
| Other operating charges | 640/8 | €472 | €487 | +€15 | +3.3% |
| Gross operating margin | 9900 | -€2,918 | €14,771 | +€17,689 | |
| Operating profit (loss) | 9901 | -€5,779 | €9,551 | +€15,330 | |
| Financial income | 75/76B | - | €263 | +€263 | |
| Recurring financial income | 75 | - | €263 | +€263 | |
| Financial charges | 65/66B | €1,106 | €1,702 | +€597 | +54.0% |
| Recurring financial charges | 65 | €1,106 | €1,702 | +€597 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,885 | €8,111 | +€14,996 | |
| Income taxes | 67/77 | - | €376 | +€376 | |
| Profit (loss) for the period | 9904 | -€6,885 | €7,735 | +€14,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,885 | €7,735 | +€14,620 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.