GROUP MISSOTTEN: 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.
GROUP MISSOTTEN
Largest movements
- Tangible fixed assets -€63,662
down €63,662 (-5.3%), from €1.2m to €1.1m
of which Land and buildings: -€41,813
- Receivables within one year -€24,757
down €24,757 (-87.9%), from €28,167 to €3,410
of which Other amounts receivable: -€13,383
- Debts after one year -€80,042
down €80,042 (-10.3%), from €776,023 to €695,982
- Other debts -€25,128
down €25,128 (-14.5%), from €173,531 to €148,403
- Trade debts -€20,216
down €20,216 (-53.1%), from €38,035 to €17,819
- Financial income -€30,303
down €30,303 (-23.6%), from €128,176 to €97,873
- Gross operating margin -€13,025
down €13,025 (-26.7%), from €48,868 to €35,843
- Other operating charges +€9,630
new in 2025: €9,630
- Taxes -€4,091
down €4,091 (-30.3%), from €13,511 to €9,420
- Financial charges -€2,404
down €2,404 (-8.1%), from €29,577 to €27,173
of which Financial charges: -€2,102
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 | €1,261,743 | €1,162,344 | -€99,399 | -7.9% |
| Fixed assets | 21/28 | €1,196,898 | €1,133,236 | -€63,662 | -5.3% |
| Tangible fixed assets | 22/27 | €1,196,898 | €1,133,236 | -€63,662 | -5.3% |
| Land and buildings | 22 | €1,012,959 | €971,145 | -€41,813 | -4.1% |
| Plant, machinery and equipment | 23 | €183,940 | €162,090 | -€21,849 | -11.9% |
| Current assets | 29/58 | €64,845 | €29,108 | -€35,737 | -55.1% |
| Amounts receivable within one year | 40/41 | €28,167 | €3,410 | -€24,757 | -87.9% |
| Trade receivables | 40 | €14,784 | €3,410 | -€11,374 | -76.9% |
| Other amounts receivable | 41 | €13,383 | - | -€13,383 | |
| Cash at bank and in hand | 54/58 | €34,560 | €23,477 | -€11,083 | -32.1% |
| Deferred charges and accrued income | 490/1 | €2,118 | €2,221 | +€103 | +4.8% |
| Total equity and liabilities | 10/49 | €1,261,743 | €1,162,344 | -€99,399 | -7.9% |
| Equity | 10/15 | €174,108 | €185,195 | +€11,088 | +6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €106,796 | €118,401 | +€11,605 | +10.9% |
| Non-distributable reserves | 130/1 | €1,484 | €1,484 | = | 0.0% |
| Legal reserve | 130 | €1,484 | €1,484 | = | 0.0% |
| Distributable reserves | 133 | €105,312 | €116,917 | +€11,605 | +11.0% |
| Investment grants | 15 | €5,312 | €4,794 | -€518 | -9.7% |
| Amounts payable | 17/49 | €1,087,635 | €977,149 | -€110,487 | -10.2% |
| Amounts payable after more than one year | 17 | €776,023 | €695,982 | -€80,042 | -10.3% |
| Financial debts | 170/4 | €776,023 | €695,982 | -€80,042 | -10.3% |
| Amounts payable within one year | 42/48 | €311,507 | €276,220 | -€35,287 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €77,763 | €80,042 | +€2,279 | +2.9% |
| Financial debts | 43 | €8,667 | €17,792 | +€9,124 | +105% |
| Credit institutions | 430/8 | €8,667 | €17,792 | +€9,124 | +105% |
| Trade debts | 44 | €38,035 | €17,819 | -€20,216 | -53.1% |
| Suppliers | 440/4 | €38,035 | €17,819 | -€20,216 | -53.1% |
| Taxes, remuneration and social security | 45 | €13,511 | €12,165 | -€1,346 | -10.0% |
| Taxes | 450/3 | €13,511 | €12,165 | -€1,346 | -10.0% |
| Other amounts payable | 47/48 | €173,531 | €148,403 | -€25,128 | -14.5% |
| Accrued charges and deferred income | 492/3 | €105 | €4,947 | +€4,842 | +4,611% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,116 | €63,662 | -€1,454 | -2.2% |
| Other operating charges | 640/8 | - | €9,630 | +€9,630 | |
| Non-recurring operating charges | 66A | - | €12,226 | +€12,226 | |
| Gross operating margin | 9900 | €48,868 | €35,843 | -€13,025 | -26.7% |
| Operating profit (loss) | 9901 | -€16,248 | -€49,675 | -€33,427 | -206% |
| Financial income | 75/76B | €128,176 | €97,873 | -€30,303 | -23.6% |
| Recurring financial income | 75 | €128,176 | €97,873 | -€30,303 | -23.6% |
| Financial charges | 65/66B | €29,577 | €27,173 | -€2,404 | -8.1% |
| Recurring financial charges | 65 | €29,274 | €27,173 | -€2,102 | -7.2% |
| Non-recurring financial charges | 66B | €303 | - | -€303 | |
| Profit (loss) for the period before taxes | 9903 | €82,351 | €21,025 | -€61,326 | -74.5% |
| Income taxes | 67/77 | €13,511 | €9,420 | -€4,091 | -30.3% |
| Profit (loss) for the period | 9904 | €68,840 | €11,605 | -€57,235 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,840 | €11,605 | -€57,235 | -83.1% |
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 18 October 2026 via checked.be.