Günther Mullier: what changed
What changed
Günther Mullier
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€66,213
2024 · €71,203-€4,991
Equity
€548,255
2024 · €482,043+€66,213
Cash
€25,949
2024 · €29,651-€3,702
Balance sheet total
€584,190
2024 · €517,115+€67,075
Largest movements
Assets
- Current investments +€95,000
up €95,000 (+25.0%), from €380,000 to €475,000
- Receivables within one year -€20,449
down €20,449 (-26.6%), from €76,816 to €56,367
of which Other amounts receivable: -€27,008
Equity and liabilities
- Reserves +€66,213
up €66,213 (+14.0%), from €473,500 to €539,713
of which Distributable reserves: +€108,313
- Trade debts -€10,503
down €10,503 (-67.2%), from €15,638 to €5,135
- Tax, wage and social debts +€7,998
up €7,998 (+67.2%), from €11,903 to €19,901
Income statement
- Taxes +€3,503
up €3,503 (+11.6%), from €30,233 to €33,736
- Financial income -€1,228
down €1,228 (-9.8%), from €12,575 to €11,347
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.
Result 2024
€71,203
Gross operating margin
-€40
Depreciation
-€186
Other operating charges
-€94
Financial income
-€1,228
Financial charges
+€60
Taxes
-€3,503
Result 2025
€66,213
raises the resultlowers the result
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.
From operations
+€94,335
Investment
-€98,037
Financing
€0
Cash 2024
€29,651
From operations (derived)
+€94,335
Net result for the year
+€66,213
Depreciation
+€6,992
Receivables within one year
+€20,449
Deferred charges and accrued income
-€180
Trade debts
-€10,503
Tax, wage and social debts
+€7,998
Other debts
+€3,367
Investment (derived)
-€98,037
Investment in fixed assets (net)
-€3,037
Current investments
-€95,000
Cash 2025
€25,949
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,115 | €584,190 | +€67,075 | +13.0% |
| Fixed assets | 21/28 | €27,591 | €23,637 | -€3,955 | -14.3% |
| Tangible fixed assets | 22/27 | €27,591 | €23,637 | -€3,955 | -14.3% |
| Furniture and vehicles | 24 | €5,659 | €4,698 | -€961 | -17.0% |
| Other tangible fixed assets | 26 | €21,932 | €18,939 | -€2,994 | -13.6% |
| Current assets | 29/58 | €489,524 | €560,553 | +€71,029 | +14.5% |
| Amounts receivable within one year | 40/41 | €76,816 | €56,367 | -€20,449 | -26.6% |
| Trade receivables | 40 | €19,808 | €26,367 | +€6,560 | +33.1% |
| Other amounts receivable | 41 | €57,008 | €30,000 | -€27,008 | -47.4% |
| Current investments | 50/53 | €380,000 | €475,000 | +€95,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €29,651 | €25,949 | -€3,702 | -12.5% |
| Deferred charges and accrued income | 490/1 | €3,057 | €3,237 | +€180 | +5.9% |
| Total equity and liabilities | 10/49 | €517,115 | €584,190 | +€67,075 | +13.0% |
| Equity | 10/15 | €482,043 | €548,255 | +€66,213 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €473,500 | €539,713 | +€66,213 | +14.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,519 | €3,419 | -€42,100 | -92.5% |
| Distributable reserves | 133 | €426,121 | €534,434 | +€108,313 | +25.4% |
| Profit (loss) carried forward | 14 | €2,342 | €2,342 | = | 0.0% |
| Amounts payable | 17/49 | €35,073 | €35,935 | +€862 | +2.5% |
| Amounts payable within one year | 42/48 | €35,073 | €35,935 | +€862 | +2.5% |
| Trade debts | 44 | €15,638 | €5,135 | -€10,503 | -67.2% |
| Suppliers | 440/4 | €15,638 | €5,135 | -€10,503 | -67.2% |
| Taxes, remuneration and social security | 45 | €11,903 | €19,901 | +€7,998 | +67.2% |
| Taxes | 450/3 | €11,903 | €19,901 | +€7,998 | +67.2% |
| Other amounts payable | 47/48 | €7,532 | €10,899 | +€3,367 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,806 | €6,992 | +€186 | +2.7% |
| Other operating charges | 640/8 | €1,731 | €1,825 | +€94 | +5.4% |
| Gross operating margin | 9900 | €97,532 | €97,492 | -€40 | 0.0% |
| Operating profit (loss) | 9901 | €88,995 | €88,675 | -€320 | -0.4% |
| Financial income | 75/76B | €12,575 | €11,347 | -€1,228 | -9.8% |
| Recurring financial income | 75 | €12,575 | €11,347 | -€1,228 | -9.8% |
| Financial charges | 65/66B | €133 | €73 | -€60 | -45.2% |
| Recurring financial charges | 65 | €133 | €73 | -€60 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €101,436 | €99,948 | -€1,488 | -1.5% |
| Income taxes | 67/77 | €30,233 | €33,736 | +€3,503 | +11.6% |
| Profit (loss) for the period | 9904 | €71,203 | €66,213 | -€4,991 | -7.0% |
| Transfer from tax-exempt reserves | 789 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,203 | €108,313 | +€37,109 | +52.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.