DE MISPEL: 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.
DE MISPEL
Largest movements
- Tangible fixed assets -€5,654
down €5,654 (-34.4%), from €16,435 to €10,781
- Receivables within one year -€4,194
down €4,194 (-79.3%), from €5,289 to €1,094
of which Other amounts receivable: -€4,082
- Intangible fixed assets -€1,255
down €1,255 (-15.1%), from €8,335 to €7,080
- Deferred charges and accrued income +€525
up €525 (+61.8%), from €850 to €1,375
- Profit (loss) carried forward -€5,848
down €5,848 (-30.5%), from -€19,153 to -€25,001
- Other debts -€3,888
down €3,888 (-55.7%), from €6,980 to €3,091
- Reserves -€1,666
down €1,666 (-4.2%), from €39,963 to €38,297
- Current portion of long-term debt -€1,402
down €1,402 (-22.8%), from €6,145 to €4,743
- Debts after one year +€1,257
up €1,257 (+26.5%), from €4,743 to €6,000
- Gross operating margin +€13,829
up €13,829, from -€10,133 to €3,696
- Depreciation +€963
up €963 (+13.1%), from €7,349 to €8,312
- Other operating charges -€269
down €269 (-28.3%), from €950 to €681
- Financial charges -€106
down €106 (-17.6%), from €604 to €498
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 | €46,959 | €36,423 | -€10,535 | -22.4% |
| Fixed assets | 21/28 | €24,770 | €17,861 | -€6,909 | -27.9% |
| Intangible fixed assets | 21 | €8,335 | €7,080 | -€1,255 | -15.1% |
| Tangible fixed assets | 22/27 | €16,435 | €10,781 | -€5,654 | -34.4% |
| Furniture and vehicles | 24 | €16,435 | €10,781 | -€5,654 | -34.4% |
| Current assets | 29/58 | €22,189 | €18,562 | -€3,627 | -16.3% |
| Amounts receivable within one year | 40/41 | €5,289 | €1,094 | -€4,194 | -79.3% |
| Trade receivables | 40 | €1,207 | €1,094 | -€113 | -9.3% |
| Other amounts receivable | 41 | €4,082 | - | -€4,082 | |
| Cash at bank and in hand | 54/58 | €16,050 | €16,093 | +€43 | +0.3% |
| Deferred charges and accrued income | 490/1 | €850 | €1,375 | +€525 | +61.8% |
| Total equity and liabilities | 10/49 | €46,959 | €36,423 | -€10,535 | -22.4% |
| Equity | 10/15 | €26,810 | €19,296 | -€7,514 | -28.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €39,963 | €38,297 | -€1,666 | -4.2% |
| Distributable reserves | 133 | €39,963 | €38,297 | -€1,666 | -4.2% |
| Profit (loss) carried forward | 14 | -€19,153 | -€25,001 | -€5,848 | -30.5% |
| Amounts payable | 17/49 | €20,149 | €17,127 | -€3,022 | -15.0% |
| Amounts payable after more than one year | 17 | €4,743 | €6,000 | +€1,257 | +26.5% |
| Financial debts | 170/4 | €4,743 | €6,000 | +€1,257 | +26.5% |
| Amounts payable within one year | 42/48 | €14,595 | €10,111 | -€4,484 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €6,145 | €4,743 | -€1,402 | -22.8% |
| Trade debts | 44 | €1,342 | €1,316 | -€26 | -2.0% |
| Suppliers | 440/4 | €1,342 | €1,316 | -€26 | -2.0% |
| Taxes, remuneration and social security | 45 | €128 | €961 | +€833 | +651% |
| Taxes | 450/3 | €128 | €961 | +€833 | +651% |
| Other amounts payable | 47/48 | €6,980 | €3,091 | -€3,888 | -55.7% |
| Accrued charges and deferred income | 492/3 | €810 | €1,016 | +€205 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,349 | €8,312 | +€963 | +13.1% |
| Other operating charges | 640/8 | €950 | €681 | -€269 | -28.3% |
| Gross operating margin | 9900 | -€10,133 | €3,696 | +€13,829 | |
| Operating profit (loss) | 9901 | -€18,431 | -€5,296 | +€13,135 | +71.3% |
| Financial income | 75/76B | €10 | €2 | -€7 | -75.7% |
| Recurring financial income | 75 | €10 | €2 | -€7 | -75.7% |
| Financial charges | 65/66B | €604 | €498 | -€106 | -17.6% |
| Recurring financial charges | 65 | €604 | €498 | -€106 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,025 | -€5,792 | +€13,234 | +69.6% |
| Income taxes | 67/77 | €128 | €56 | -€72 | -56.2% |
| Profit (loss) for the period | 9904 | -€19,153 | -€5,848 | +€13,305 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,153 | -€5,848 | +€13,305 | +69.5% |
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 15 October 2026 via checked.be.