VAN MEERBEECK: 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.
VAN MEERBEECK
Largest movements
- Receivables within one year +€34,263
up €34,263 (+38.6%), from €88,752 to €123,015
of which Trade receivables: +€34,479
- Tangible fixed assets +€1,422
up €1,422 (+87.4%), from €1,627 to €3,050
of which Furniture and vehicles: +€1,622
- Profit (loss) carried forward +€16,818
up €16,818 (+2.9%), from -€574,336 to -€557,518
- Trade debts +€12,097
up €12,097 (+1,331%), from €909 to €13,006
- Other debts +€5,554
up €5,554 (+1,052%), from €528 to €6,082
- Gross operating margin -€9,576
down €9,576 (-35.1%), from €27,292 to €17,716
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 | €94,457 | €128,925 | +€34,468 | +36.5% |
| Fixed assets | 21/28 | €2,225 | €3,647 | +€1,422 | +63.9% |
| Tangible fixed assets | 22/27 | €1,627 | €3,050 | +€1,422 | +87.4% |
| Plant, machinery and equipment | 23 | €1,627 | €1,427 | -€200 | -12.3% |
| Furniture and vehicles | 24 | - | €1,622 | +€1,622 | |
| Financial fixed assets | 28 | €597 | €597 | = | 0.0% |
| Current assets | 29/58 | €92,232 | €125,278 | +€33,046 | +35.8% |
| Amounts receivable within one year | 40/41 | €88,752 | €123,015 | +€34,263 | +38.6% |
| Trade receivables | 40 | €59,583 | €94,062 | +€34,479 | +57.9% |
| Other amounts receivable | 41 | €29,169 | €28,953 | -€216 | -0.7% |
| Cash at bank and in hand | 54/58 | €3,480 | €2,263 | -€1,217 | -35.0% |
| Total equity and liabilities | 10/49 | €94,457 | €128,925 | +€34,468 | +36.5% |
| Equity | 10/15 | €93,020 | €109,837 | +€16,818 | +18.1% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €518,619 | €518,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €503,746 | €503,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€574,336 | -€557,518 | +€16,818 | +2.9% |
| Amounts payable | 17/49 | €1,437 | €19,088 | +€17,651 | +1,228% |
| Amounts payable within one year | 42/48 | €1,437 | €19,088 | +€17,651 | +1,228% |
| Trade debts | 44 | €909 | €13,006 | +€12,097 | +1,331% |
| Suppliers | 440/4 | €909 | €13,006 | +€12,097 | +1,331% |
| Other amounts payable | 47/48 | €528 | €6,082 | +€5,554 | +1,052% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €411 | +€211 | +105% |
| Other operating charges | 640/8 | €382 | €445 | +€63 | +16.5% |
| Gross operating margin | 9900 | €27,292 | €17,716 | -€9,576 | -35.1% |
| Operating profit (loss) | 9901 | €26,709 | €16,860 | -€9,850 | -36.9% |
| Financial charges | 65/66B | €40 | €42 | +€2 | +6.1% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €26,670 | €16,818 | -€9,852 | -36.9% |
| Profit (loss) for the period | 9904 | €26,670 | €16,818 | -€9,852 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,670 | €16,818 | -€9,852 | -36.9% |
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 15 October 2026 via checked.be.