MIEUX GRANDIR: 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.
MIEUX GRANDIR
Largest movements
- Receivables within one year -€35,287
down €35,287 (-87.1%), from €40,528 to €5,241
of which Other amounts receivable: -€40,528
- Cash -€31,934
down €31,934 (-38.6%), from €82,681 to €50,748
mainly Other debts (-€45,808) and Contributions, distributions and other (-€41,463)
- Deferred charges and accrued income +€18,208
up €18,208 (+1,116%), from €1,632 to €19,840
- Tangible fixed assets +€3,852
up €3,852 (+213%), from €1,805 to €5,657
of which Other tangible fixed assets: +€3,523
- Other debts -€45,808
down €45,808 (-85.5%), from €53,562 to €7,754
- Trade debts +€3,702
up €3,702 (+193%), from €1,917 to €5,620
- Tax, wage and social debts -€2,317
down €2,317 (-98.5%), from €2,352 to €35
- Gross operating margin -€10,843
down €10,843 (-15.7%), from €69,029 to €58,187
- Taxes -€3,268
down €3,268 (-18.8%), from €17,352 to €14,084
- Depreciation +€867
up €867 (+159%), from €545 to €1,412
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 | €126,646 | €81,486 | -€45,160 | -35.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,805 | €5,657 | +€3,852 | +213% |
| Tangible fixed assets | 22/27 | €1,805 | €5,657 | +€3,852 | +213% |
| Furniture and vehicles | 24 | €1,805 | €2,133 | +€329 | +18.2% |
| Other tangible fixed assets | 26 | €0 | €3,523 | +€3,523 | |
| Current assets | 29/58 | €124,841 | €75,829 | -€49,012 | -39.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,528 | €5,241 | -€35,287 | -87.1% |
| Trade receivables | 40 | €0 | €5,241 | +€5,241 | |
| Other amounts receivable | 41 | €40,528 | - | -€40,528 | |
| Cash at bank and in hand | 54/58 | €82,681 | €50,748 | -€31,934 | -38.6% |
| Deferred charges and accrued income | 490/1 | €1,632 | €19,840 | +€18,208 | +1,116% |
| Total equity and liabilities | 10/49 | €126,646 | €81,486 | -€45,160 | -35.7% |
| Equity | 10/15 | €68,814 | €68,074 | -€740 | -1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,688 | €33,688 | = | 0.0% |
| Distributable reserves | 133 | €33,688 | €33,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,126 | €29,386 | -€740 | -2.5% |
| Amounts payable | 17/49 | €57,832 | €13,412 | -€44,420 | -76.8% |
| Amounts payable within one year | 42/48 | €57,832 | €13,409 | -€44,423 | -76.8% |
| Trade debts | 44 | €1,917 | €5,620 | +€3,702 | +193% |
| Suppliers | 440/4 | €1,917 | €5,620 | +€3,702 | +193% |
| Taxes, remuneration and social security | 45 | €2,352 | €35 | -€2,317 | -98.5% |
| Taxes | 450/3 | €2,352 | €35 | -€2,317 | -98.5% |
| Other amounts payable | 47/48 | €53,562 | €7,754 | -€45,808 | -85.5% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €1,412 | +€867 | +159% |
| Other operating charges | 640/8 | €528 | €539 | +€11 | +2.0% |
| Gross operating margin | 9900 | €69,029 | €58,187 | -€10,843 | -15.7% |
| Operating profit (loss) | 9901 | €67,956 | €56,236 | -€11,721 | -17.2% |
| Financial charges | 65/66B | €1,705 | €1,428 | -€276 | -16.2% |
| Recurring financial charges | 65 | €1,705 | €1,428 | -€276 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €66,251 | €54,807 | -€11,444 | -17.3% |
| Income taxes | 67/77 | €17,352 | €14,084 | -€3,268 | -18.8% |
| Profit (loss) for the period | 9904 | €48,899 | €40,723 | -€8,176 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,899 | €40,723 | -€8,176 | -16.7% |
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 28 October 2026 via checked.be.