Logo Myrthe: 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.
Logo Myrthe
Largest movements
- Cash +€72,972
up €72,972 (+743%), from €9,825 to €82,797
mainly Current investments (+€45,000) and Net result for the year (+€38,661)
- Current investments -€45,000
down €45,000 (-54.9%), from €81,971 to €36,971
- Deferred charges and accrued income -€4,549
down €4,549 (-78.8%), from €5,770 to €1,221
- Tangible fixed assets -€3,930
down €3,930 (-20.2%), from €19,465 to €15,536
- Profit (loss) carried forward +€38,661
up €38,661 (+51.8%), from €74,635 to €113,295
- Debts after one year -€8,328
down €8,328 (-44.5%), from €18,727 to €10,399
- Tax, wage and social debts -€5,152
down €5,152 (-77.5%), from €6,652 to €1,500
of which Taxes: -€6,652
- Other debts -€4,715
down €4,715 (-32.3%), from €14,592 to €9,877
- Gross operating margin +€22,084
up €22,084 (+73.1%), from €30,204 to €52,288
- Taxes +€4,414
up €4,414 (+70.3%), from €6,277 to €10,691
- Depreciation +€3,747
up €3,747 (+2,053%), from €183 to €3,930
- Financial income +€2,326
up €2,326 (+1,517%), from €153 to €2,479
- Other operating charges +€705
new in 2025: €705
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 | €123,032 | €143,355 | +€20,324 | +16.5% |
| Fixed assets | 21/28 | €25,465 | €21,536 | -€3,930 | -15.4% |
| Tangible fixed assets | 22/27 | €19,465 | €15,536 | -€3,930 | -20.2% |
| Furniture and vehicles | 24 | €19,465 | €15,536 | -€3,930 | -20.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €97,566 | €121,820 | +€24,253 | +24.9% |
| Amounts receivable within one year | 40/41 | - | €830 | +€830 | |
| Other amounts receivable | 41 | - | €830 | +€830 | |
| Current investments | 50/53 | €81,971 | €36,971 | -€45,000 | -54.9% |
| Cash at bank and in hand | 54/58 | €9,825 | €82,797 | +€72,972 | +743% |
| Deferred charges and accrued income | 490/1 | €5,770 | €1,221 | -€4,549 | -78.8% |
| Total equity and liabilities | 10/49 | €123,032 | €143,355 | +€20,324 | +16.5% |
| Equity | 10/15 | €76,635 | €115,295 | +€38,661 | +50.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,635 | €113,295 | +€38,661 | +51.8% |
| Amounts payable | 17/49 | €46,397 | €28,060 | -€18,337 | -39.5% |
| Amounts payable after more than one year | 17 | €18,727 | €10,399 | -€8,328 | -44.5% |
| Financial debts | 170/4 | €18,727 | €10,399 | -€8,328 | -44.5% |
| Amounts payable within one year | 42/48 | €27,670 | €17,662 | -€10,009 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €4,671 | €4,828 | +€157 | +3.4% |
| Trade debts | 44 | €1,754 | €1,456 | -€298 | -17.0% |
| Suppliers | 440/4 | €1,754 | €1,456 | -€298 | -17.0% |
| Taxes, remuneration and social security | 45 | €6,652 | €1,500 | -€5,152 | -77.5% |
| Taxes | 450/3 | €6,652 | - | -€6,652 | |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €14,592 | €9,877 | -€4,715 | -32.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183 | €3,930 | +€3,747 | +2,053% |
| Other operating charges | 640/8 | - | €705 | +€705 | |
| Gross operating margin | 9900 | €30,204 | €52,288 | +€22,084 | +73.1% |
| Operating profit (loss) | 9901 | €30,021 | €47,654 | +€17,632 | +58.7% |
| Financial income | 75/76B | €153 | €2,479 | +€2,326 | +1,517% |
| Recurring financial income | 75 | €153 | €2,479 | +€2,326 | +1,517% |
| Financial charges | 65/66B | €129 | €781 | +€653 | +507% |
| Recurring financial charges | 65 | €129 | €781 | +€653 | +507% |
| Profit (loss) for the period before taxes | 9903 | €30,046 | €49,351 | +€19,306 | +64.3% |
| Income taxes | 67/77 | €6,277 | €10,691 | +€4,414 | +70.3% |
| Profit (loss) for the period | 9904 | €23,769 | €38,661 | +€14,891 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,769 | €38,661 | +€14,891 | +62.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.