MISFITS LAW: 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.
MISFITS LAW
Largest movements
- Cash -€23,857
down €23,857 (-24.9%), from €95,805 to €71,948
mainly Contributions, distributions and other (-€214,908) and Trade debts (-€27,709)
- Profit (loss) carried forward -€190,131
down €190,131 (-100%), from €190,131 to €0
- Other debts +€168,338
up €168,338 (+2,135%), from €7,886 to €176,224
- Trade debts -€27,709
down €27,709 (-89.5%), from €30,957 to €3,248
- Tax, wage and social debts +€26,710
up €26,710 (+158%), from €16,855 to €43,565
of which Taxes: +€33,710
- Taxes +€30,263
up €30,263 (+1,725%), from €1,754 to €32,017
- Gross operating margin -€27,458
down €27,458 (-32.5%), from €84,452 to €56,994
- Financial income +€1,090
up €1,090 (+76.5%), from €1,425 to €2,514
of which Financial income: +€2,514
- Other operating charges +€891
up €891 (+282%), from €316 to €1,207
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 | €247,830 | €225,037 | -€22,792 | -9.2% |
| Fixed assets | 21/28 | €2,701 | €2,262 | -€440 | -16.3% |
| Tangible fixed assets | 22/27 | €2,701 | €2,262 | -€440 | -16.3% |
| Furniture and vehicles | 24 | €2,701 | €2,262 | -€440 | -16.3% |
| Current assets | 29/58 | €245,128 | €222,776 | -€22,353 | -9.1% |
| Amounts receivable within one year | 40/41 | €149,324 | €150,828 | +€1,504 | +1.0% |
| Trade receivables | 40 | €120,344 | €88,893 | -€31,451 | -26.1% |
| Other amounts receivable | 41 | €28,980 | €61,935 | +€32,955 | +114% |
| Cash at bank and in hand | 54/58 | €95,805 | €71,948 | -€23,857 | -24.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €247,830 | €225,037 | -€22,792 | -9.2% |
| Equity | 10/15 | €192,131 | €2,000 | -€190,131 | -99.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,131 | €0 | -€190,131 | -100% |
| Amounts payable | 17/49 | €55,698 | €223,037 | +€167,339 | +300% |
| Amounts payable within one year | 42/48 | €55,698 | €223,037 | +€167,339 | +300% |
| Trade debts | 44 | €30,957 | €3,248 | -€27,709 | -89.5% |
| Suppliers | 440/4 | €30,957 | €3,248 | -€27,709 | -89.5% |
| Taxes, remuneration and social security | 45 | €16,855 | €43,565 | +€26,710 | +158% |
| Taxes | 450/3 | €9,855 | €43,565 | +€33,710 | +342% |
| Remuneration and social security | 454/9 | €7,000 | €0 | -€7,000 | -100% |
| Other amounts payable | 47/48 | €7,886 | €176,224 | +€168,338 | +2,135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €1,508 | +€843 | +127% |
| Other operating charges | 640/8 | €316 | €1,207 | +€891 | +282% |
| Gross operating margin | 9900 | €84,452 | €56,994 | -€27,458 | -32.5% |
| Operating profit (loss) | 9901 | €83,471 | €54,279 | -€29,192 | -35.0% |
| Financial income | 75/76B | €1,425 | €2,514 | +€1,090 | +76.5% |
| Recurring financial income | 75 | €0 | €2,514 | +€2,514 | |
| Non-recurring financial income | 76B | €1,425 | €0 | -€1,425 | -100% |
| Financial charges | 65/66B | €96 | €0 | -€96 | -100% |
| Recurring financial charges | 65 | €96 | €0 | -€96 | -100% |
| Profit (loss) for the period before taxes | 9903 | €84,800 | €56,794 | -€28,006 | -33.0% |
| Income taxes | 67/77 | €1,754 | €32,017 | +€30,263 | +1,725% |
| Profit (loss) for the period | 9904 | €83,046 | €24,776 | -€58,269 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,046 | €24,776 | -€58,269 | -70.2% |
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 27 October 2026 via checked.be.