VERWARMING DE MEESTER: what changed
What changed
VERWARMING DE MEESTER
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€132,890
2024 · €97,229+€35,661
Equity
€231,714
2024 · €316,471-€84,757
Cash
€128,897
2024 · €180,480-€51,583
Balance sheet total
€271,333
2024 · €353,059-€81,726
Largest movements
Assets
- Cash -€51,583
down €51,583 (-28.6%), from €180,480 to €128,897
mainly Contributions, distributions and other (-€217,647) and Investment in fixed assets (net) (-€7,548)
- Tangible fixed assets -€20,613
down €20,613 (-25.4%), from €81,128 to €60,516
of which Furniture and vehicles: -€17,452
- Receivables within one year -€10,194
down €10,194 (-32.1%), from €31,725 to €21,531
of which Other amounts receivable: -€16,363
Equity and liabilities
- Reserves -€84,757
down €84,757 (-27.1%), from €312,471 to €227,714
- Other debts +€12,546
up €12,546, from €0 to €12,546
- Debts after one year -€6,064
down €6,064 (-51.9%), from €11,675 to €5,611
Income statement
- Gross operating margin +€54,619
up €54,619 (+27.4%), from €199,419 to €254,038
- Taxes +€11,815
up €11,815 (+43.5%), from €27,176 to €38,992
- Staff costs +€3,643
up €3,643 (+6.8%), from €53,262 to €56,905
- Financial income -€3,404
down €3,404 (-44.7%), from €7,617 to €4,214
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€97,229
Gross operating margin
+€54,619
Staff costs
-€3,643
Depreciation
-€739
Other operating charges
+€621
Financial income
-€3,404
Financial charges
+€22
Taxes
-€11,815
Result 2025
€132,890
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€180,114
Investment
-€7,548
Financing
-€224,149
Cash 2024
€180,480
From operations (derived)
+€180,114
Net result for the year
+€132,890
Depreciation
+€28,161
Stocks and contracts
+€1,534
Receivables within one year
+€10,194
Deferred charges and accrued income
-€2,198
Trade debts
-€2,900
Tax, wage and social debts
-€1,083
Advances received
-€285
Other debts
+€12,546
Accrued charges and deferred income
+€1,255
Investment (derived)
-€7,548
Investment in fixed assets (net)
-€7,548
Financing
-€224,149
Debts after one year
-€6,064
Current portion of long-term debt
-€438
Contributions, distributions and other
-€217,647
Cash 2025
€128,897
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,059 | €271,333 | -€81,726 | -23.1% |
| Fixed assets | 21/28 | €81,133 | €60,521 | -€20,613 | -25.4% |
| Tangible fixed assets | 22/27 | €81,128 | €60,516 | -€20,613 | -25.4% |
| Plant, machinery and equipment | 23 | €7,048 | €6,423 | -€625 | -8.9% |
| Furniture and vehicles | 24 | €58,222 | €40,769 | -€17,452 | -30.0% |
| Other tangible fixed assets | 26 | €15,858 | €13,323 | -€2,535 | -16.0% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €271,926 | €210,813 | -€61,113 | -22.5% |
| Stocks and contracts in progress | 3 | €27,958 | €26,424 | -€1,534 | -5.5% |
| Stocks | 30/36 | €27,958 | €26,424 | -€1,534 | -5.5% |
| Amounts receivable within one year | 40/41 | €31,725 | €21,531 | -€10,194 | -32.1% |
| Trade receivables | 40 | €5,095 | €11,264 | +€6,169 | +121% |
| Other amounts receivable | 41 | €26,630 | €10,267 | -€16,363 | -61.4% |
| Current investments | 50/53 | €29,257 | €29,257 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €180,480 | €128,897 | -€51,583 | -28.6% |
| Deferred charges and accrued income | 490/1 | €2,506 | €4,704 | +€2,198 | +87.7% |
| Total equity and liabilities | 10/49 | €353,059 | €271,333 | -€81,726 | -23.1% |
| Equity | 10/15 | €316,471 | €231,714 | -€84,757 | -26.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €312,471 | €227,714 | -€84,757 | -27.1% |
| Distributable reserves | 133 | €312,471 | €227,714 | -€84,757 | -27.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,588 | €39,619 | +€3,031 | +8.3% |
| Amounts payable after more than one year | 17 | €11,675 | €5,611 | -€6,064 | -51.9% |
| Financial debts | 170/4 | €11,675 | €5,611 | -€6,064 | -51.9% |
| Amounts payable within one year | 42/48 | €23,471 | €31,310 | +€7,839 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €6,502 | €6,064 | -€438 | -6.7% |
| Trade debts | 44 | €6,205 | €3,306 | -€2,900 | -46.7% |
| Suppliers | 440/4 | €6,205 | €3,306 | -€2,900 | -46.7% |
| Advances received on contracts in progress | 46 | €285 | €0 | -€285 | -100% |
| Taxes, remuneration and social security | 45 | €10,478 | €9,395 | -€1,083 | -10.3% |
| Taxes | 450/3 | €845 | €1,129 | +€284 | +33.6% |
| Remuneration and social security | 454/9 | €9,633 | €8,266 | -€1,367 | -14.2% |
| Other amounts payable | 47/48 | €0 | €12,546 | +€12,546 | |
| Accrued charges and deferred income | 492/3 | €1,443 | €2,698 | +€1,255 | +87.0% |
| Remuneration, social security and pensions | 62 | €53,262 | €56,905 | +€3,643 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,422 | €28,161 | +€739 | +2.7% |
| Other operating charges | 640/8 | €1,574 | €953 | -€621 | -39.4% |
| Gross operating margin | 9900 | €199,419 | €254,038 | +€54,619 | +27.4% |
| Operating profit (loss) | 9901 | €117,161 | €168,019 | +€50,858 | +43.4% |
| Financial income | 75/76B | €7,617 | €4,214 | -€3,404 | -44.7% |
| Recurring financial income | 75 | €7,617 | €4,214 | -€3,404 | -44.7% |
| Financial charges | 65/66B | €373 | €350 | -€22 | -6.0% |
| Recurring financial charges | 65 | €373 | €350 | -€22 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €124,406 | €171,882 | +€47,476 | +38.2% |
| Income taxes | 67/77 | €27,176 | €38,992 | +€11,815 | +43.5% |
| Profit (loss) for the period | 9904 | €97,229 | €132,890 | +€35,661 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,229 | €132,890 | +€35,661 | +36.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.