MIGNON STYLING: 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.
What changed
MIGNON STYLING
NACE 47.714, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,084
2024 · €2,070-€3,154
Equity
€125,115
2024 · €144,381-€19,266
Cash
€35,902
2024 · €36,918-€1,016
Balance sheet total
€284,515
2024 · €302,398-€17,883
Largest movements
Assets
- Tangible fixed assets -€15,733
down €15,733 (-10.0%), from €157,776 to €142,042
of which Land and buildings: -€14,032
Equity and liabilities
- Reserves -€18,182
down €18,182 (-20.4%), from €89,054 to €70,872
of which Distributable reserves: -€18,182
- Other debts +€17,493
up €17,493 (+723%), from €2,419 to €19,911
- Debts after one year -€13,951
down €13,951 (-15.5%), from €90,223 to €76,272
Income statement
- Staff costs +€4,544
up €4,544 (+34.2%), from €13,268 to €17,812
- Gross operating margin +€2,567
up €2,567 (+5.5%), from €46,302 to €48,869
- Write-downs +€2,426
up €2,426, from -€2,235 to €191
- Taxes -€866
down €866 (-34.2%), from €2,532 to €1,666
- Financial charges -€513
down €513 (-8.5%), from €6,026 to €5,513
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.
Result 2024
€2,070
Gross operating margin
+€2,567
Staff costs
-€4,544
Depreciation
-€469
Write-downs
-€2,426
Other operating charges
+€224
Financial income
+€114
Financial charges
+€513
Taxes
+€866
Result 2025
-€1,084
raises the resultlowers the result
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.
From operations
+€36,900
Investment
-€5,912
Financing
-€32,005
Cash 2024
€36,918
From operations (derived)
+€36,900
Net result for the year
-€1,084
Depreciation
+€21,645
Stocks and contracts
-€2,360
Receivables within one year
+€1,999
Deferred charges and accrued income
+€1,494
Trade debts
-€2,471
Tax, wage and social debts
+€376
Other debts
+€17,493
Accrued charges and deferred income
-€192
Investment (derived)
-€5,912
Investment in fixed assets (net)
-€5,912
Financing
-€32,005
Debts after one year
-€13,951
Current portion of long-term debt
+€128
Contributions, distributions and other
-€18,182
Cash 2025
€35,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,398 | €284,515 | -€17,883 | -5.9% |
| Fixed assets | 21/28 | €157,776 | €142,042 | -€15,733 | -10.0% |
| Tangible fixed assets | 22/27 | €157,776 | €142,042 | -€15,733 | -10.0% |
| Land and buildings | 22 | €147,540 | €133,508 | -€14,032 | -9.5% |
| Plant, machinery and equipment | 23 | €787 | €3,583 | +€2,796 | +355% |
| Furniture and vehicles | 24 | €9,448 | €4,951 | -€4,497 | -47.6% |
| Current assets | 29/58 | €144,622 | €142,473 | -€2,149 | -1.5% |
| Stocks and contracts in progress | 3 | €95,642 | €98,002 | +€2,360 | +2.5% |
| Stocks | 30/36 | €95,642 | €98,002 | +€2,360 | +2.5% |
| Amounts receivable within one year | 40/41 | €7,085 | €5,086 | -€1,999 | -28.2% |
| Trade receivables | 40 | €7,085 | €5,086 | -€1,999 | -28.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €36,918 | €35,902 | -€1,016 | -2.8% |
| Deferred charges and accrued income | 490/1 | €4,977 | €3,483 | -€1,494 | -30.0% |
| Total equity and liabilities | 10/49 | €302,398 | €284,515 | -€17,883 | -5.9% |
| Equity | 10/15 | €144,381 | €125,115 | -€19,266 | -13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,054 | €70,872 | -€18,182 | -20.4% |
| Tax-exempt reserves | 132 | €30,927 | €30,927 | = | 0.0% |
| Distributable reserves | 133 | €58,127 | €39,945 | -€18,182 | -31.3% |
| Profit (loss) carried forward | 14 | €36,727 | €35,643 | -€1,084 | -3.0% |
| Amounts payable | 17/49 | €158,017 | €159,400 | +€1,383 | +0.9% |
| Amounts payable after more than one year | 17 | €90,223 | €76,272 | -€13,951 | -15.5% |
| Financial debts | 170/4 | €90,223 | €76,272 | -€13,951 | -15.5% |
| Amounts payable within one year | 42/48 | €67,603 | €83,128 | +€15,525 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €13,823 | €13,951 | +€128 | +0.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €29,990 | €27,519 | -€2,471 | -8.2% |
| Suppliers | 440/4 | €29,990 | €27,519 | -€2,471 | -8.2% |
| Taxes, remuneration and social security | 45 | €21,372 | €21,748 | +€376 | +1.8% |
| Taxes | 450/3 | €17,548 | €16,825 | -€723 | -4.1% |
| Remuneration and social security | 454/9 | €3,824 | €4,922 | +€1,099 | +28.7% |
| Other amounts payable | 47/48 | €2,419 | €19,911 | +€17,493 | +723% |
| Accrued charges and deferred income | 492/3 | €192 | €0 | -€192 | -100% |
| Remuneration, social security and pensions | 62 | €13,268 | €17,812 | +€4,544 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,176 | €21,645 | +€469 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,235 | €191 | +€2,426 | |
| Other operating charges | 640/8 | €3,506 | €3,282 | -€224 | -6.4% |
| Gross operating margin | 9900 | €46,302 | €48,869 | +€2,567 | +5.5% |
| Operating profit (loss) | 9901 | €10,587 | €5,939 | -€4,647 | -43.9% |
| Financial income | 75/76B | €42 | €156 | +€114 | +269% |
| Recurring financial income | 75 | €42 | €156 | +€114 | +269% |
| Financial charges | 65/66B | €6,026 | €5,513 | -€513 | -8.5% |
| Recurring financial charges | 65 | €6,026 | €5,513 | -€513 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €4,603 | €583 | -€4,020 | -87.3% |
| Income taxes | 67/77 | €2,532 | €1,666 | -€866 | -34.2% |
| Profit (loss) for the period | 9904 | €2,070 | -€1,084 | -€3,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,070 | -€1,084 | -€3,154 |
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.