MISINVEST: 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.
MISINVEST
Largest movements
- Cash -€41,022
down €41,022 (-97.7%), from €41,996 to €973
mainly Other debts (-€423,000) and Deferred charges and accrued income (-€39,962)
- Deferred charges and accrued income +€39,962
up €39,962, from €0 to €39,962
- Other debts -€423,000
down €423,000 (-90.5%), from €467,600 to €44,600
- Debts after one year +€400,000
new in 2025: €400,000
- Profit (loss) carried forward +€22,413
up €22,413 (+20.9%), from €107,227 to €129,639
- Financial income +€9,990
up €9,990 (+33.3%), from €29,971 to €39,962
- Financial charges -€865
down €865 (-5.0%), from €17,317 to €16,453
- Gross operating margin +€445
up €445 (+28.9%), from -€1,542 to -€1,097
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 | €614,868 | €614,308 | -€560 | -0.1% |
| Fixed assets | 21/28 | €572,373 | €572,373 | = | 0.0% |
| Financial fixed assets | 28 | €572,373 | €572,373 | = | 0.0% |
| Current assets | 29/58 | €42,496 | €41,935 | -€560 | -1.3% |
| Amounts receivable within one year | 40/41 | €500 | €1,000 | +€500 | +100% |
| Other amounts receivable | 41 | €500 | €1,000 | +€500 | +100% |
| Cash at bank and in hand | 54/58 | €41,996 | €973 | -€41,022 | -97.7% |
| Deferred charges and accrued income | 490/1 | €0 | €39,962 | +€39,962 | |
| Total equity and liabilities | 10/49 | €614,868 | €614,308 | -€560 | -0.1% |
| Equity | 10/15 | €146,791 | €169,203 | +€22,413 | +15.3% |
| Contributions | 10/11 | €35,967 | €35,967 | = | 0.0% |
| Reserves | 13 | €3,597 | €3,597 | = | 0.0% |
| Distributable reserves | 133 | €3,597 | €3,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,227 | €129,639 | +€22,413 | +20.9% |
| Amounts payable | 17/49 | €468,078 | €445,105 | -€22,973 | -4.9% |
| Amounts payable after more than one year | 17 | - | €400,000 | +€400,000 | |
| Other amounts payable | 178/9 | - | €400,000 | +€400,000 | |
| Amounts payable within one year | 42/48 | €467,688 | €44,690 | -€422,998 | -90.4% |
| Trade debts | 44 | €88 | €90 | +€2 | +2.3% |
| Suppliers | 440/4 | €88 | €90 | +€2 | +2.3% |
| Other amounts payable | 47/48 | €467,600 | €44,600 | -€423,000 | -90.5% |
| Accrued charges and deferred income | 492/3 | €390 | €415 | +€25 | +6.4% |
| Gross operating margin | 9900 | -€1,542 | -€1,097 | +€445 | +28.9% |
| Operating profit (loss) | 9901 | -€1,542 | -€1,097 | +€445 | +28.9% |
| Financial income | 75/76B | €29,971 | €39,962 | +€9,990 | +33.3% |
| Recurring financial income | 75 | €29,971 | €39,962 | +€9,990 | +33.3% |
| Financial charges | 65/66B | €17,317 | €16,453 | -€865 | -5.0% |
| Recurring financial charges | 65 | €17,317 | €16,453 | -€865 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €11,112 | €22,413 | +€11,301 | +102% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €11,112 | €22,413 | +€11,301 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €11,112 | €22,413 | +€11,301 | +102% |
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 20 October 2026 via checked.be.