Be Muse: 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.
Be Muse
Largest movements
- Tangible fixed assets -€6,845
down €6,845 (-12.6%), from €54,207 to €47,362
of which Other tangible fixed assets: -€5,528
- Receivables within one year -€1,584
down €1,584 (-100.0%), from €1,584 to €0
of which Other amounts receivable: -€1,584
- Profit (loss) carried forward -€11,476
down €11,476 (-52.0%), from -€22,069 to -€33,545
- Other debts +€5,066
up €5,066 (+2532.9%), from €200 to €5,266
- Debts after one year -€3,175
down €3,175 (-5.9%), from €53,812 to €50,637
- Purchases and services -€10,149
no longer reported in 2025 (was €10,149)
- Gross operating margin +€8,507
up €8,507 (+83.8%), from -€10,149 to -€1,643
- Depreciation +€654
up €654 (+10.6%), from €6,191 to €6,845
- Financial charges +€396
up €396 (+18.1%), from €2,193 to €2,589
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 | €55,855 | €47,362 | -€8,493 | -15.2% |
| Fixed assets | 21/28 | €54,207 | €47,362 | -€6,845 | -12.6% |
| Tangible fixed assets | 22/27 | €54,207 | €47,362 | -€6,845 | -12.6% |
| Furniture and vehicles | 24 | €2,068 | €751 | -€1,317 | -63.7% |
| Other tangible fixed assets | 26 | €52,138 | €46,611 | -€5,528 | -10.6% |
| Current assets | 29/58 | €1,648 | €0 | -€1,648 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,584 | €0 | -€1,584 | -100.0% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,584 | €0 | -€1,584 | -100.0% |
| Cash at bank and in hand | 54/58 | €64 | €0 | -€64 | -100.0% |
| Total equity and liabilities | 10/49 | €55,855 | €47,362 | -€8,493 | -15.2% |
| Equity | 10/15 | -€2,069 | -€13,545 | -€11,476 | -554.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,069 | -€33,545 | -€11,476 | -52.0% |
| Amounts payable | 17/49 | €57,924 | €60,907 | +€2,983 | +5.2% |
| Amounts payable after more than one year | 17 | €53,812 | €50,637 | -€3,175 | -5.9% |
| Financial debts | 170/4 | €53,812 | €50,637 | -€3,175 | -5.9% |
| Amounts payable within one year | 42/48 | €4,111 | €10,269 | +€6,158 | +149.8% |
| Current portion of amounts payable after more than one year | 42 | €3,040 | €3,175 | +€135 | +4.4% |
| Financial debts | 43 | - | €437 | +€437 | |
| Credit institutions | 430/8 | - | €437 | +€437 | |
| Trade debts | 44 | €871 | €1,392 | +€521 | +59.8% |
| Suppliers | 440/4 | €871 | €1,392 | +€521 | +59.8% |
| Other amounts payable | 47/48 | €200 | €5,266 | +€5,066 | +2532.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,149 | - | -€10,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,191 | €6,845 | +€654 | +10.6% |
| Other operating charges | 640/8 | €451 | €400 | -€51 | -11.4% |
| Gross operating margin | 9900 | -€10,149 | -€1,643 | +€8,507 | +83.8% |
| Operating profit (loss) | 9901 | -€16,791 | -€8,887 | +€7,904 | +47.1% |
| Financial charges | 65/66B | €2,193 | €2,589 | +€396 | +18.1% |
| Recurring financial charges | 65 | €2,193 | €2,589 | +€396 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
| Profit (loss) for the period | 9904 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
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 2 October 2026 via checked.be.