Misagreen: 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.
Misagreen
Largest movements
- Cash +€10,580
up €10,580 (+55.5%), from €19,046 to €29,625
mainly Depreciation (+€7,083) and Trade debts (+€4,700)
- Tangible fixed assets -€6,147
down €6,147 (-34.8%), from €17,686 to €11,539
of which Furniture and vehicles: -€5,985
- Receivables within one year +€3,514
up €3,514 (+53.7%), from €6,547 to €10,061
of which Trade receivables: +€8,161
- Deferred charges and accrued income +€651
new in 2025: €651
- Trade debts +€4,700
up €4,700 (+1,085%), from €433 to €5,134
- Other debts +€4,413
up €4,413 (+58.7%), from €7,522 to €11,936
- Tax, wage and social debts -€2,301
down €2,301 (-31.2%), from €7,372 to €5,071
- Profit (loss) carried forward +€1,785
up €1,785 (+6.4%), from €28,101 to €29,886
- Gross operating margin -€16,482
down €16,482 (-60.9%), from €27,064 to €10,582
- Taxes -€3,739
down €3,739 (-84.9%), from €4,405 to €666
- Depreciation +€2,035
up €2,035 (+40.3%), from €5,048 to €7,083
- Other operating charges +€323
up €323 (+57.3%), from €563 to €886
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 | €43,528 | €52,126 | +€8,598 | +19.8% |
| Fixed assets | 21/28 | €17,936 | €11,789 | -€6,147 | -34.3% |
| Tangible fixed assets | 22/27 | €17,686 | €11,539 | -€6,147 | -34.8% |
| Plant, machinery and equipment | 23 | €318 | €156 | -€162 | -50.9% |
| Furniture and vehicles | 24 | €17,368 | €11,383 | -€5,985 | -34.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €25,592 | €40,337 | +€14,745 | +57.6% |
| Amounts receivable within one year | 40/41 | €6,547 | €10,061 | +€3,514 | +53.7% |
| Trade receivables | 40 | - | €8,161 | +€8,161 | |
| Other amounts receivable | 41 | €6,547 | €1,900 | -€4,647 | -71.0% |
| Cash at bank and in hand | 54/58 | €19,046 | €29,625 | +€10,580 | +55.5% |
| Deferred charges and accrued income | 490/1 | - | €651 | +€651 | |
| Total equity and liabilities | 10/49 | €43,528 | €52,126 | +€8,598 | +19.8% |
| Equity | 10/15 | €28,201 | €29,986 | +€1,785 | +6.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,101 | €29,886 | +€1,785 | +6.4% |
| Amounts payable | 17/49 | €15,328 | €22,140 | +€6,813 | +44.4% |
| Amounts payable within one year | 42/48 | €15,328 | €22,140 | +€6,813 | +44.4% |
| Trade debts | 44 | €433 | €5,134 | +€4,700 | +1,085% |
| Suppliers | 440/4 | €433 | €5,134 | +€4,700 | +1,085% |
| Taxes, remuneration and social security | 45 | €7,372 | €5,071 | -€2,301 | -31.2% |
| Taxes | 450/3 | €7,372 | €5,071 | -€2,301 | -31.2% |
| Other amounts payable | 47/48 | €7,522 | €11,936 | +€4,413 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,048 | €7,083 | +€2,035 | +40.3% |
| Other operating charges | 640/8 | €563 | €886 | +€323 | +57.3% |
| Gross operating margin | 9900 | €27,064 | €10,582 | -€16,482 | -60.9% |
| Operating profit (loss) | 9901 | €21,454 | €2,614 | -€18,840 | -87.8% |
| Financial charges | 65/66B | €405 | €162 | -€242 | -59.9% |
| Recurring financial charges | 65 | €405 | €162 | -€242 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €21,049 | €2,452 | -€18,598 | -88.4% |
| Income taxes | 67/77 | €4,405 | €666 | -€3,739 | -84.9% |
| Profit (loss) for the period | 9904 | €16,644 | €1,785 | -€14,859 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,644 | €1,785 | -€14,859 | -89.3% |
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 14 October 2026 via checked.be.