CÉDRIC MISSONNIER²: what changed
CÉDRIC MISSONNIER²
Largest movements
- Tangible fixed assets -€22,015
down €22,015 (-22.2%), from €98,948 to €76,934
of which Furniture and vehicles: -€21,662
- Receivables within one year +€21,810
up €21,810 (+216%), from €10,093 to €31,904
of which Other amounts receivable: +€19,363
- Deferred charges and accrued income +€10,553
up €10,553 (+213%), from €4,961 to €15,515
- Intangible fixed assets -€1,467
down €1,467 (-22.2%), from €6,601 to €5,134
- Reserves +€23,450
up €23,450 (+319%), from €7,342 to €30,792
- Debts after one year -€15,028
down €15,028 (-21.7%), from €69,254 to €54,226
- Current portion of long-term debt +€5,674
up €5,674 (+31.3%), from €18,135 to €23,809
- Other debts -€4,785
down €4,785 (-100%), from €4,785 to €0
- Trade debts -€3,108
down €3,108 (-42.7%), from €7,288 to €4,180
- Gross operating margin +€44,782
up €44,782 (+276%), from €16,252 to €61,034
- Depreciation +€10,187
up €10,187 (+71.3%), from €14,279 to €24,466
- Financial charges -€7,888
down €7,888 (-69.7%), from €11,318 to €3,430
of which Non-recurring financial charges: -€9,000
- Taxes +€7,102
up €7,102 (+3,752%), from €189 to €7,291
- Other operating charges -€1,227
down €1,227 (-62.2%), from €1,973 to €746
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,639 | €129,874 | +€9,236 | +7.7% |
| Fixed assets | 21/28 | €105,549 | €82,067 | -€23,482 | -22.2% |
| Intangible fixed assets | 21 | €6,601 | €5,134 | -€1,467 | -22.2% |
| Tangible fixed assets | 22/27 | €98,948 | €76,934 | -€22,015 | -22.2% |
| Plant, machinery and equipment | 23 | €952 | €599 | -€352 | -37.0% |
| Furniture and vehicles | 24 | €97,997 | €76,334 | -€21,662 | -22.1% |
| Current assets | 29/58 | €15,090 | €47,807 | +€32,717 | +217% |
| Amounts receivable within one year | 40/41 | €10,093 | €31,904 | +€21,810 | +216% |
| Trade receivables | 40 | €10,093 | €12,540 | +€2,447 | +24.2% |
| Other amounts receivable | 41 | €0 | €19,363 | +€19,363 | |
| Cash at bank and in hand | 54/58 | €35 | €389 | +€354 | +1,003% |
| Deferred charges and accrued income | 490/1 | €4,961 | €15,515 | +€10,553 | +213% |
| Total equity and liabilities | 10/49 | €120,639 | €129,874 | +€9,236 | +7.7% |
| Equity | 10/15 | €8,342 | €31,792 | +€23,450 | +281% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,342 | €30,792 | +€23,450 | +319% |
| Distributable reserves | 133 | €7,342 | €30,792 | +€23,450 | +319% |
| Amounts payable | 17/49 | €112,297 | €98,083 | -€14,214 | -12.7% |
| Amounts payable after more than one year | 17 | €69,254 | €54,226 | -€15,028 | -21.7% |
| Financial debts | 170/4 | €69,254 | €54,226 | -€15,028 | -21.7% |
| Amounts payable within one year | 42/48 | €43,043 | €41,918 | -€1,124 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €18,135 | €23,809 | +€5,674 | +31.3% |
| Trade debts | 44 | €7,288 | €4,180 | -€3,108 | -42.7% |
| Suppliers | 440/4 | €7,288 | €4,180 | -€3,108 | -42.7% |
| Taxes, remuneration and social security | 45 | €12,834 | €13,929 | +€1,095 | +8.5% |
| Taxes | 450/3 | €10,361 | €13,929 | +€3,569 | +34.4% |
| Remuneration and social security | 454/9 | €2,474 | €0 | -€2,474 | -100% |
| Other amounts payable | 47/48 | €4,785 | €0 | -€4,785 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,938 | +€1,938 | |
| Non-recurring operating income | 76A | - | €172 | +€172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,279 | €24,466 | +€10,187 | +71.3% |
| Other operating charges | 640/8 | €1,973 | €746 | -€1,227 | -62.2% |
| Non-recurring operating charges | 66A | - | €1,650 | +€1,650 | |
| Gross operating margin | 9900 | €16,252 | €61,034 | +€44,782 | +276% |
| Operating profit (loss) | 9901 | €0 | €34,171 | +€34,171 | +20,100,694% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €11,318 | €3,430 | -€7,888 | -69.7% |
| Recurring financial charges | 65 | €2,318 | €3,430 | +€1,112 | +48.0% |
| Non-recurring financial charges | 66B | €9,000 | €0 | -€9,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€11,318 | €30,741 | +€42,059 | |
| Income taxes | 67/77 | €189 | €7,291 | +€7,102 | +3,752% |
| Profit (loss) for the period | 9904 | -€11,507 | €23,450 | +€34,957 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,507 | €23,450 | +€34,957 |
Next steps
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 3 November 2026 via checked.be.