ME MISCIO ELISABETTA: 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.
ME MISCIO ELISABETTA
Largest movements
- Cash -€11,033
down €11,033 (-58.8%), from €18,747 to €7,714
mainly Trade debts (-€10,376) and Tax, wage and social debts (-€4,701)
- Tangible fixed assets -€1,505
down €1,505 (-19.8%), from €7,588 to €6,084
of which Leasing and similar rights: -€1,879
- Receivables within one year +€586
up €586 (+5.1%), from €11,560 to €12,146
- Trade debts -€10,376
down €10,376 (-76.0%), from €13,652 to €3,276
- Tax, wage and social debts -€4,701
down €4,701 (-36.0%), from €13,048 to €8,347
- Other debts +€1,517
up €1,517 (+43.6%), from €3,484 to €5,001
- Profit (loss) carried forward +€1,482
up €1,482 (+27.5%), from €5,382 to €6,864
- Gross operating margin -€13,931
down €13,931 (-60.4%), from €23,046 to €9,115
- Taxes -€1,096
down €1,096 (-41.9%), from €2,612 to €1,516
- Other operating charges -€1,064
down €1,064 (-44.5%), from €2,390 to €1,326
- Depreciation -€822
down €822 (-25.9%), from €3,170 to €2,347
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 | €38,066 | €25,989 | -€12,077 | -31.7% |
| Fixed assets | 21/28 | €7,588 | €6,084 | -€1,505 | -19.8% |
| Tangible fixed assets | 22/27 | €7,588 | €6,084 | -€1,505 | -19.8% |
| Furniture and vehicles | 24 | €1,031 | €1,405 | +€374 | +36.3% |
| Leasing and similar rights | 25 | €6,557 | €4,678 | -€1,879 | -28.6% |
| Current assets | 29/58 | €30,478 | €19,905 | -€10,573 | -34.7% |
| Amounts receivable within one year | 40/41 | €11,560 | €12,146 | +€586 | +5.1% |
| Trade receivables | 40 | €11,560 | €12,146 | +€586 | +5.1% |
| Cash at bank and in hand | 54/58 | €18,747 | €7,714 | -€11,033 | -58.8% |
| Deferred charges and accrued income | 490/1 | €171 | €45 | -€126 | -73.7% |
| Total equity and liabilities | 10/49 | €38,066 | €25,989 | -€12,077 | -31.7% |
| Equity | 10/15 | €7,882 | €9,364 | +€1,482 | +18.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,382 | €6,864 | +€1,482 | +27.5% |
| Amounts payable | 17/49 | €30,183 | €16,624 | -€13,559 | -44.9% |
| Amounts payable within one year | 42/48 | €30,183 | €16,624 | -€13,559 | -44.9% |
| Trade debts | 44 | €13,652 | €3,276 | -€10,376 | -76.0% |
| Suppliers | 440/4 | €13,652 | €3,276 | -€10,376 | -76.0% |
| Taxes, remuneration and social security | 45 | €13,048 | €8,347 | -€4,701 | -36.0% |
| Taxes | 450/3 | €13,048 | €8,347 | -€4,701 | -36.0% |
| Other amounts payable | 47/48 | €3,484 | €5,001 | +€1,517 | +43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,170 | €2,347 | -€822 | -25.9% |
| Other operating charges | 640/8 | €2,390 | €1,326 | -€1,064 | -44.5% |
| Gross operating margin | 9900 | €23,046 | €9,115 | -€13,931 | -60.4% |
| Operating profit (loss) | 9901 | €17,486 | €5,442 | -€12,045 | -68.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,223 | €2,443 | +€220 | +9.9% |
| Recurring financial charges | 65 | €2,223 | €2,443 | +€220 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €15,263 | €2,998 | -€12,265 | -80.4% |
| Income taxes | 67/77 | €2,612 | €1,516 | -€1,096 | -41.9% |
| Profit (loss) for the period | 9904 | €12,651 | €1,482 | -€11,169 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,651 | €1,482 | -€11,169 | -88.3% |
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 15 October 2026 via checked.be.