MEETEX MODE: 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.
What changed
MEETEX MODE
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€534,951
2024 · €556,228-€21,277
Equity
€337,353
2024 · €350,402-€13,049
Cash
€701,319
2024 · €655,010+€46,308
Balance sheet total
€1.4m
2024 · €1.4m+€5,992
Largest movements
Assets
- Tangible fixed assets -€113,890
down €113,890 (-27.0%), from €421,458 to €307,568
- Stocks and contracts +€60,666
up €60,666 (+20.6%), from €293,905 to €354,571
- Cash +€46,308
up €46,308 (+7.1%), from €655,010 to €701,319
mainly Net result for the year (+€534,951) and Depreciation (+€115,634)
- Receivables within one year +€17,077
up €17,077 (+25.4%), from €67,340 to €84,417
of which Trade receivables: +€17,863
Equity and liabilities
- Trade debts +€33,756
up €33,756 (+19.0%), from €178,119 to €211,875
Income statement
- Turnover +€52,805
up €52,805 (+1.2%), from €4.2m to €4.3m
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.
Result 2024
€556,228
Gross operating margin
+€10,639
Staff costs
-€32,938
Depreciation
+€152
Write-downs
-€10,098
Provisions
+€8,183
Other operating charges
-€649
Financial income
-€1,588
Financial charges
-€594
Taxes
+€5,616
Result 2025
€534,951
raises the resultlowers the result
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.
From operations
+€596,052
Investment
-€1,744
Financing
-€548,000
Cash 2024
€655,010
From operations (derived)
+€596,052
Net result for the year
+€534,951
Depreciation
+€115,634
Stocks and contracts
-€60,666
Receivables within one year
-€17,077
Deferred charges and accrued income
+€4,169
Provisions
-€8,481
Trade debts
+€33,756
Tax, wage and social debts
-€5,676
Smaller working-capital items
+€1,150
Other debts
-€1,710
Investment (derived)
-€1,744
Investment in fixed assets (net)
-€1,744
Financing
-€548,000
Contributions, distributions and other
-€548,000
Cash 2025
€701,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,443,030 | €1,449,022 | +€5,992 | +0.4% |
| Fixed assets | 21/28 | €421,545 | €307,655 | -€113,890 | -27.0% |
| Tangible fixed assets | 22/27 | €421,458 | €307,568 | -€113,890 | -27.0% |
| Plant, machinery and equipment | 23 | €421,458 | €307,568 | -€113,890 | -27.0% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €1,021,485 | €1,141,367 | +€119,882 | +11.7% |
| Stocks and contracts in progress | 3 | €293,905 | €354,571 | +€60,666 | +20.6% |
| Stocks | 30/36 | €293,905 | €354,571 | +€60,666 | +20.6% |
| Amounts receivable within one year | 40/41 | €67,340 | €84,417 | +€17,077 | +25.4% |
| Trade receivables | 40 | €57,833 | €75,697 | +€17,863 | +30.9% |
| Other amounts receivable | 41 | €9,507 | €8,720 | -€786 | -8.3% |
| Cash at bank and in hand | 54/58 | €655,010 | €701,319 | +€46,308 | +7.1% |
| Deferred charges and accrued income | 490/1 | €5,230 | €1,061 | -€4,169 | -79.7% |
| Total equity and liabilities | 10/49 | €1,443,030 | €1,449,022 | +€5,992 | +0.4% |
| Equity | 10/15 | €350,402 | €337,353 | -€13,049 | -3.7% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €88,311 | €88,311 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Distributable reserves | 133 | €63,511 | €63,511 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,090 | €1,042 | -€13,049 | -92.6% |
| Provisions and deferred taxes | 16 | €62,702 | €54,221 | -€8,481 | -13.5% |
| Provisions for liabilities and charges | 160/5 | €62,702 | €54,221 | -€8,481 | -13.5% |
| Environmental obligations | 163 | €62,702 | - | -€62,702 | |
| Other liabilities and charges | 164/5 | - | €54,221 | +€54,221 | |
| Amounts payable | 17/49 | €1,029,926 | €1,057,447 | +€27,521 | +2.7% |
| Amounts payable within one year | 42/48 | €1,029,895 | €1,057,396 | +€27,501 | +2.7% |
| Trade debts | 44 | €178,119 | €211,875 | +€33,756 | +19.0% |
| Suppliers | 440/4 | €178,119 | €211,875 | +€33,756 | +19.0% |
| Advances received on contracts in progress | 46 | €101,064 | €102,194 | +€1,130 | +1.1% |
| Taxes, remuneration and social security | 45 | €200,713 | €195,037 | -€5,676 | -2.8% |
| Taxes | 450/3 | €137,302 | €135,729 | -€1,573 | -1.1% |
| Remuneration and social security | 454/9 | €63,411 | €59,309 | -€4,102 | -6.5% |
| Other amounts payable | 47/48 | €550,000 | €548,290 | -€1,710 | -0.3% |
| Accrued charges and deferred income | 492/3 | €31 | €51 | +€20 | +64.9% |
| Turnover | 70 | €4,226,431 | €4,279,236 | +€52,805 | +1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,947,247 | €2,988,999 | +€41,752 | +1.4% |
| Remuneration, social security and pensions | 62 | €476,341 | €509,278 | +€32,938 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,786 | €115,634 | -€152 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,796 | €7,302 | +€10,098 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€297 | -€8,481 | -€8,183 | -2,751% |
| Other operating charges | 640/8 | €20,614 | €21,262 | +€649 | +3.1% |
| Gross operating margin | 9900 | €1,309,563 | €1,320,202 | +€10,639 | +0.8% |
| Operating profit (loss) | 9901 | €699,916 | €675,206 | -€24,710 | -3.5% |
| Financial income | 75/76B | €47,710 | €46,123 | -€1,588 | -3.3% |
| Recurring financial income | 75 | €47,710 | €46,123 | -€1,588 | -3.3% |
| Financial charges | 65/66B | €5,611 | €6,206 | +€594 | +10.6% |
| Recurring financial charges | 65 | €5,611 | €6,206 | +€594 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €742,015 | €715,123 | -€26,892 | -3.6% |
| Income taxes | 67/77 | €185,787 | €180,171 | -€5,616 | -3.0% |
| Profit (loss) for the period | 9904 | €556,228 | €534,951 | -€21,277 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €556,228 | €534,951 | -€21,277 | -3.8% |
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.