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
- Cash +€11,895
up €11,895 (+11.1%), from €106,836 to €118,731
mainly Net result for the year (+€123,011) and Depreciation (+€2,605)
- Receivables within one year +€11,644
up €11,644 (+49.7%), from €23,409 to €35,053
of which Other amounts receivable: +€9,153
- Tangible fixed assets +€2,160
up €2,160 (+30.7%), from €7,036 to €9,196
of which Furniture and vehicles: +€2,481
- Profit (loss) carried forward +€47,717
up €47,717 (+60.7%), from €78,592 to €126,309
- Tax, wage and social debts -€13,312
down €13,312 (-48.3%), from €27,579 to €14,267
- Other debts -€7,846
down €7,846 (-87.5%), from €8,971 to €1,125
- Gross operating margin -€16,277
down €16,277 (-9.2%), from €177,256 to €160,978
- Taxes -€11,134
down €11,134 (-24.1%), from €46,109 to €34,976
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 | €138,563 | €164,211 | +€25,649 | +18.5% |
| Fixed assets | 21/28 | €7,036 | €9,196 | +€2,160 | +30.7% |
| Tangible fixed assets | 22/27 | €7,036 | €9,196 | +€2,160 | +30.7% |
| Land and buildings | 22 | €2,324 | €2,245 | -€79 | -3.4% |
| Plant, machinery and equipment | 23 | €727 | €485 | -€242 | -33.3% |
| Furniture and vehicles | 24 | €3,985 | €6,467 | +€2,481 | +62.3% |
| Current assets | 29/58 | €131,527 | €155,015 | +€23,488 | +17.9% |
| Amounts receivable within one year | 40/41 | €23,409 | €35,053 | +€11,644 | +49.7% |
| Trade receivables | 40 | €23,409 | €25,900 | +€2,491 | +10.6% |
| Other amounts receivable | 41 | - | €9,153 | +€9,153 | |
| Cash at bank and in hand | 54/58 | €106,836 | €118,731 | +€11,895 | +11.1% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,231 | -€51 | -4.0% |
| Total equity and liabilities | 10/49 | €138,563 | €164,211 | +€25,649 | +18.5% |
| Equity | 10/15 | €98,592 | €146,309 | +€47,717 | +48.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,592 | €126,309 | +€47,717 | +60.7% |
| Amounts payable | 17/49 | €39,970 | €17,902 | -€22,068 | -55.2% |
| Amounts payable within one year | 42/48 | €39,970 | €17,902 | -€22,068 | -55.2% |
| Trade debts | 44 | €3,420 | €2,510 | -€910 | -26.6% |
| Suppliers | 440/4 | €3,420 | €2,510 | -€910 | -26.6% |
| Taxes, remuneration and social security | 45 | €27,579 | €14,267 | -€13,312 | -48.3% |
| Taxes | 450/3 | €27,579 | €14,267 | -€13,312 | -48.3% |
| Other amounts payable | 47/48 | €8,971 | €1,125 | -€7,846 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,774 | €2,605 | -€169 | -6.1% |
| Other operating charges | 640/8 | €170 | €162 | -€8 | -4.7% |
| Gross operating margin | 9900 | €177,256 | €160,978 | -€16,277 | -9.2% |
| Operating profit (loss) | 9901 | €174,312 | €158,211 | -€16,100 | -9.2% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €244 | €256 | +€12 | +5.0% |
| Recurring financial charges | 65 | €244 | €256 | +€12 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €174,067 | €157,986 | -€16,081 | -9.2% |
| Income taxes | 67/77 | €46,109 | €34,976 | -€11,134 | -24.1% |
| Profit (loss) for the period | 9904 | €127,958 | €123,011 | -€4,947 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €127,958 | €123,011 | -€4,947 | -3.9% |
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 16 October 2026 via checked.be.