LE MûRIER: what changed
Two fiscal 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.
LE MûRIER
Largest movements
- Cash +€48,426
up €48,426 (+127.8%), from €37,896 to €86,322
mainly Provisions (+€30,000) and Depreciation (+€8,891)
- Tangible fixed assets -€8,891
down €8,891 (-6.3%), from €141,199 to €132,308
of which Land and buildings: -€7,586
- Receivables within one year -€8,000
down €8,000 (-40.0%), from €20,000 to €12,000
- Provisions +€30,000
new in 2026: €30,000
- Reserves +€8,505
up €8,505 (+35.1%), from €24,248 to €32,753
of which Distributable reserves: +€8,505
- Other debts -€5,976
down €5,976 (-34.2%), from €17,459 to €11,483
- Provisions +€30,000
new in 2026: €30,000
- Gross operating margin +€20,960
up €20,960 (+67.4%), from €31,080 to €52,040
- Other operating charges -€5,073
down €5,073 (-65.6%), from €7,731 to €2,658
- Financial charges -€876
down €876 (-45.9%), from €1,909 to €1,033
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,095 | €230,630 | +€31,535 | +15.8% |
| Fixed assets | 21/28 | €141,199 | €132,308 | -€8,891 | -6.3% |
| Tangible fixed assets | 22/27 | €141,199 | €132,308 | -€8,891 | -6.3% |
| Land and buildings | 22 | €125,532 | €117,946 | -€7,586 | -6.0% |
| Plant, machinery and equipment | 23 | €15,667 | €14,362 | -€1,305 | -8.3% |
| Current assets | 29/58 | €57,896 | €98,322 | +€40,426 | +69.8% |
| Amounts receivable within one year | 40/41 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Trade receivables | 40 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €37,896 | €86,322 | +€48,426 | +127.8% |
| Total equity and liabilities | 10/49 | €199,095 | €230,630 | +€31,535 | +15.8% |
| Equity | 10/15 | €179,689 | €188,194 | +€8,505 | +4.7% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €24,248 | €32,753 | +€8,505 | +35.1% |
| Non-distributable reserves | 130/1 | €7,436 | €7,436 | = | 0.0% |
| Legal reserve | 130 | €7,436 | €7,436 | = | 0.0% |
| Distributable reserves | 133 | €16,812 | €25,317 | +€8,505 | +50.6% |
| Profit (loss) carried forward | 14 | €6,705 | €6,705 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €30,000 | +€30,000 | |
| Provisions for liabilities and charges | 160/5 | - | €30,000 | +€30,000 | |
| Major repairs and maintenance | 162 | - | €30,000 | +€30,000 | |
| Amounts payable | 17/49 | €19,406 | €12,436 | -€6,970 | -35.9% |
| Amounts payable within one year | 42/48 | €19,406 | €12,436 | -€6,970 | -35.9% |
| Taxes, remuneration and social security | 45 | €1,947 | €953 | -€994 | -51.1% |
| Taxes | 450/3 | €1,947 | €953 | -€994 | -51.1% |
| Other amounts payable | 47/48 | €17,459 | €11,483 | -€5,976 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,891 | €8,891 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €7,731 | €2,658 | -€5,073 | -65.6% |
| Gross operating margin | 9900 | €31,080 | €52,040 | +€20,960 | +67.4% |
| Operating profit (loss) | 9901 | €14,458 | €10,491 | -€3,967 | -27.4% |
| Financial charges | 65/66B | €1,909 | €1,033 | -€876 | -45.9% |
| Recurring financial charges | 65 | €1,909 | €1,033 | -€876 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €12,549 | €9,458 | -€3,091 | -24.6% |
| Income taxes | 67/77 | €1,141 | €953 | -€188 | -16.5% |
| Profit (loss) for the period | 9904 | €11,408 | €8,505 | -€2,903 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,408 | €8,505 | -€2,903 | -25.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.