WOUTER MEYNEN: what changed
Two fiscal 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.
WOUTER MEYNEN
Largest movements
- Cash +€26,896
up €26,896 (+77.6%), from €34,653 to €61,549
mainly Net result for the year (+€28,170) and Depreciation (+€9,258)
- Tangible fixed assets -€5,415
down €5,415 (-22.4%), from €24,135 to €18,719
of which Furniture and vehicles: -€9,167
- Reserves +€28,170
up €28,170 (+144.9%), from €19,438 to €47,607
- Debts after one year -€9,301
down €9,301 (-59.1%), from €15,741 to €6,440
- Tax, wage and social debts +€4,467
up €4,467 (+42.6%), from €10,483 to €14,950
- Other debts -€2,107
down €2,107 (-100.0%), from €2,107 to €0
- Gross operating margin +€19,951
up €19,951 (+64.0%), from €31,174 to €51,125
- Depreciation +€5,893
up €5,893 (+175.1%), from €3,365 to €9,258
- Taxes +€4,264
up €4,264 (+57.1%), from €7,464 to €11,728
- Financial charges +€631
up €631 (+97.1%), from €650 to €1,282
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 | €59,837 | €81,458 | +€21,621 | +36.1% |
| Fixed assets | 21/28 | €24,135 | €18,719 | -€5,415 | -22.4% |
| Tangible fixed assets | 22/27 | €24,135 | €18,719 | -€5,415 | -22.4% |
| Furniture and vehicles | 24 | €24,135 | €14,968 | -€9,167 | -38.0% |
| Other tangible fixed assets | 26 | - | €3,751 | +€3,751 | |
| Current assets | 29/58 | €35,702 | €62,739 | +€27,037 | +75.7% |
| Cash at bank and in hand | 54/58 | €34,653 | €61,549 | +€26,896 | +77.6% |
| Deferred charges and accrued income | 490/1 | €1,048 | €1,189 | +€141 | +13.4% |
| Total equity and liabilities | 10/49 | €59,837 | €81,458 | +€21,621 | +36.1% |
| Equity | 10/15 | €20,438 | €48,607 | +€28,170 | +137.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,438 | €47,607 | +€28,170 | +144.9% |
| Distributable reserves | 133 | €19,438 | €47,607 | +€28,170 | +144.9% |
| Amounts payable | 17/49 | €39,399 | €32,850 | -€6,549 | -16.6% |
| Amounts payable after more than one year | 17 | €15,741 | €6,440 | -€9,301 | -59.1% |
| Financial debts | 170/4 | €15,741 | €6,440 | -€9,301 | -59.1% |
| Amounts payable within one year | 42/48 | €23,616 | €26,411 | +€2,794 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €8,887 | €9,301 | +€414 | +4.7% |
| Trade debts | 44 | €2,139 | €2,160 | +€21 | +1.0% |
| Suppliers | 440/4 | €2,139 | €2,160 | +€21 | +1.0% |
| Taxes, remuneration and social security | 45 | €10,483 | €14,950 | +€4,467 | +42.6% |
| Taxes | 450/3 | €10,483 | €14,950 | +€4,467 | +42.6% |
| Other amounts payable | 47/48 | €2,107 | €0 | -€2,107 | -100.0% |
| Accrued charges and deferred income | 492/3 | €42 | €0 | -€42 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,365 | €9,258 | +€5,893 | +175.1% |
| Other operating charges | 640/8 | €257 | €687 | +€430 | +167.2% |
| Gross operating margin | 9900 | €31,174 | €51,125 | +€19,951 | +64.0% |
| Operating profit (loss) | 9901 | €27,552 | €41,180 | +€13,628 | +49.5% |
| Financial charges | 65/66B | €650 | €1,282 | +€631 | +97.1% |
| Recurring financial charges | 65 | €650 | €1,282 | +€631 | +97.1% |
| Profit (loss) for the period before taxes | 9903 | €26,901 | €39,898 | +€12,997 | +48.3% |
| Income taxes | 67/77 | €7,464 | €11,728 | +€4,264 | +57.1% |
| Profit (loss) for the period | 9904 | €19,438 | €28,170 | +€8,732 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,438 | €28,170 | +€8,732 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.