C. Missart & J. Deville: 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.
C. Missart & J. Deville
Largest movements
- Tangible fixed assets -€67,835
down €67,835 (-90.7%), from €74,807 to €6,972
of which Land and buildings: -€74,807
- Cash +€48,295
up €48,295 (+6,280%), from €769 to €49,064
mainly Investment in fixed assets (net) (+€67,811) and Net result for the year (+€43,005)
- Deferred charges and accrued income +€7,837
up €7,837 (+344%), from €2,281 to €10,118
- Receivables within one year +€6,972
up €6,972 (+52.1%), from €13,384 to €20,356
of which Trade receivables: +€6,980
- Debts after one year -€60,165
down €60,165 (-100%), from €60,165 to €0
- Other debts +€35,832
new in 2025: €35,832
- Tax, wage and social debts +€9,404
up €9,404 (+621%), from €1,514 to €10,918
of which Taxes: +€7,379
- Reserves +€7,173
up €7,173 (+15.7%), from €45,743 to €52,916
- Trade debts +€6,830
up €6,830 (+739%), from €924 to €7,754
- Gross operating margin +€56,608
up €56,608 (+522%), from €10,844 to €67,452
- Turnover +€42,227
new in 2025: €42,227
- Purchases and services +€30,930
new in 2025: €30,930
- Taxes +€16,172
up €16,172 (+2,361%), from €685 to €16,857
- Depreciation -€5,752
down €5,752 (-99.6%), from €5,776 to €24
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 | €138,429 | €133,698 | -€4,731 | -3.4% |
| Fixed assets | 21/28 | €74,845 | €7,010 | -€67,835 | -90.6% |
| Tangible fixed assets | 22/27 | €74,807 | €6,972 | -€67,835 | -90.7% |
| Land and buildings | 22 | €74,807 | €0 | -€74,807 | -100% |
| Plant, machinery and equipment | 23 | - | €2,390 | +€2,390 | |
| Furniture and vehicles | 24 | - | €900 | +€900 | |
| Other tangible fixed assets | 26 | - | €3,682 | +€3,682 | |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €63,584 | €126,688 | +€63,104 | +99.2% |
| Amounts receivable after more than one year | 29 | €47,150 | €47,150 | = | 0.0% |
| Other amounts receivable | 291 | €47,150 | €47,150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,384 | €20,356 | +€6,972 | +52.1% |
| Trade receivables | 40 | €814 | €7,794 | +€6,980 | +857% |
| Other amounts receivable | 41 | €12,570 | €12,562 | -€8 | -0.1% |
| Cash at bank and in hand | 54/58 | €769 | €49,064 | +€48,295 | +6,280% |
| Deferred charges and accrued income | 490/1 | €2,281 | €10,118 | +€7,837 | +344% |
| Total equity and liabilities | 10/49 | €138,429 | €133,698 | -€4,731 | -3.4% |
| Equity | 10/15 | €68,983 | €76,156 | +€7,173 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,743 | €52,916 | +€7,173 | +15.7% |
| Distributable reserves | 133 | €45,743 | €52,916 | +€7,173 | +15.7% |
| Profit (loss) carried forward | 14 | €17,040 | €17,040 | = | 0.0% |
| Amounts payable | 17/49 | €69,446 | €57,542 | -€11,904 | -17.1% |
| Amounts payable after more than one year | 17 | €60,165 | €0 | -€60,165 | -100% |
| Financial debts | 170/4 | €60,165 | €0 | -€60,165 | -100% |
| Amounts payable within one year | 42/48 | €9,281 | €57,504 | +€48,223 | +520% |
| Current portion of amounts payable after more than one year | 42 | €6,843 | €3,000 | -€3,843 | -56.2% |
| Trade debts | 44 | €924 | €7,754 | +€6,830 | +739% |
| Suppliers | 440/4 | €924 | €7,754 | +€6,830 | +739% |
| Taxes, remuneration and social security | 45 | €1,514 | €10,918 | +€9,404 | +621% |
| Taxes | 450/3 | €1,514 | €8,893 | +€7,379 | +487% |
| Remuneration and social security | 454/9 | - | €2,025 | +€2,025 | |
| Other amounts payable | 47/48 | - | €35,832 | +€35,832 | |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Turnover | 70 | - | €42,227 | +€42,227 | |
| Non-recurring operating income | 76A | - | €54,799 | +€54,799 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €30,930 | +€30,930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,776 | €24 | -€5,752 | -99.6% |
| Other operating charges | 640/8 | €181 | €4,705 | +€4,524 | +2,499% |
| Gross operating margin | 9900 | €10,844 | €67,452 | +€56,608 | +522% |
| Operating profit (loss) | 9901 | €4,887 | €62,723 | +€57,836 | +1,183% |
| Financial income | 75/76B | €23 | €263 | +€240 | +1,043% |
| Recurring financial income | 75 | €23 | €6 | -€17 | -73.9% |
| Non-recurring financial income | 76B | - | €257 | +€257 | |
| Financial charges | 65/66B | €2,907 | €3,124 | +€217 | +7.5% |
| Recurring financial charges | 65 | €2,907 | €3,124 | +€217 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €2,003 | €59,862 | +€57,859 | +2,889% |
| Income taxes | 67/77 | €685 | €16,857 | +€16,172 | +2,361% |
| Profit (loss) for the period | 9904 | €1,318 | €43,005 | +€41,687 | +3,163% |
| Profit (loss) for the period to be appropriated | 9905 | €1,318 | €43,005 | +€41,687 | +3,163% |
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 30 October 2026 via checked.be.