Les Mûres: 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.
Les Mûres
Largest movements
- Cash -€14,520
down €14,520 (-39.0%), from €37,256 to €22,735
mainly Investment in fixed assets (net) (-€42,383) and Debts after one year (-€29,119)
- Tangible fixed assets +€4,285
up €4,285 (+1.1%), from €377,648 to €381,933
of which Land and buildings: +€2,341
- Debts after one year -€29,119
down €29,119 (-12.6%), from €230,848 to €201,729
- Other debts +€16,906
up €16,906 (+85.5%), from €19,782 to €36,688
- Depreciation +€10,272
up €10,272 (+36.9%), from €27,826 to €38,098
- Gross operating margin +€7,451
up €7,451 (+17.4%), from €42,878 to €50,330
- Taxes -€1,884
down €1,884 (-90.4%), from €2,084 to €200
- Financial charges +€1,441
up €1,441 (+24.8%), from €5,811 to €7,252
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 | €415,320 | €405,764 | -€9,555 | -2.3% |
| Fixed assets | 21/28 | €377,648 | €381,933 | +€4,285 | +1.1% |
| Tangible fixed assets | 22/27 | €377,648 | €381,933 | +€4,285 | +1.1% |
| Land and buildings | 22 | €365,891 | €368,232 | +€2,341 | +0.6% |
| Plant, machinery and equipment | 23 | €11,757 | €13,700 | +€1,943 | +16.5% |
| Current assets | 29/58 | €37,672 | €23,832 | -€13,840 | -36.7% |
| Amounts receivable within one year | 40/41 | €416 | €1,096 | +€680 | +163% |
| Trade receivables | 40 | - | €296 | +€296 | |
| Other amounts receivable | 41 | €416 | €800 | +€384 | +92.3% |
| Cash at bank and in hand | 54/58 | €37,256 | €22,735 | -€14,520 | -39.0% |
| Total equity and liabilities | 10/49 | €415,320 | €405,764 | -€9,555 | -2.3% |
| Equity | 10/15 | €133,941 | €135,972 | +€2,031 | +1.5% |
| Contributions | 10/11 | €119,500 | €119,500 | = | 0.0% |
| Reserves | 13 | €4,884 | €6,884 | +€2,000 | +40.9% |
| Non-distributable reserves | 130/1 | €484 | €484 | = | 0.0% |
| Reserves not available under the articles | 1311 | €484 | €484 | = | 0.0% |
| Distributable reserves | 133 | €4,400 | €6,400 | +€2,000 | +45.5% |
| Profit (loss) carried forward | 14 | €9,557 | €9,588 | +€31 | +0.3% |
| Amounts payable | 17/49 | €281,379 | €269,792 | -€11,586 | -4.1% |
| Amounts payable after more than one year | 17 | €230,848 | €201,729 | -€29,119 | -12.6% |
| Financial debts | 170/4 | €230,848 | €201,729 | -€29,119 | -12.6% |
| Amounts payable within one year | 42/48 | €49,405 | €66,964 | +€17,558 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €28,517 | €29,119 | +€601 | +2.1% |
| Advances received on contracts in progress | 46 | €1,106 | €1,157 | +€51 | +4.6% |
| Other amounts payable | 47/48 | €19,782 | €36,688 | +€16,906 | +85.5% |
| Accrued charges and deferred income | 492/3 | €1,126 | €1,099 | -€26 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,826 | €38,098 | +€10,272 | +36.9% |
| Other operating charges | 640/8 | €2,665 | €2,749 | +€84 | +3.1% |
| Gross operating margin | 9900 | €42,878 | €50,330 | +€7,451 | +17.4% |
| Operating profit (loss) | 9901 | €12,387 | €9,483 | -€2,904 | -23.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,811 | €7,252 | +€1,441 | +24.8% |
| Recurring financial charges | 65 | €5,811 | €7,252 | +€1,441 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,576 | €2,231 | -€4,345 | -66.1% |
| Income taxes | 67/77 | €2,084 | €200 | -€1,884 | -90.4% |
| Profit (loss) for the period | 9904 | €4,492 | €2,031 | -€2,461 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,492 | €2,031 | -€2,461 | -54.8% |
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 16 October 2026 via checked.be.