MISS MODE: what changed
Two fiscal 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.
MISS MODE
Largest movements
- Receivables within one year -€19,462
down €19,462 (-43.7%), from €44,572 to €25,111
of which Trade receivables: -€15,625
- Cash +€18,974
up €18,974 (+252.6%), from €7,510 to €26,485
mainly Receivables within one year (+€19,462) and Net result for the year (+€10,690)
- Tangible fixed assets -€1,928
down €1,928 (-6.4%), from €30,288 to €28,360
of which Other tangible fixed assets: -€2,072
- Reserves +€10,690
up €10,690 (+57.0%), from €18,744 to €29,435
- Debts after one year -€8,205
down €8,205 (-38.3%), from €21,416 to €13,211
- Other debts -€6,666
no longer reported in 2025 (was €6,666)
- Gross operating margin +€19,250
up €19,250 (+1112.7%), from €1,730 to €20,980
- Financial income -€4,759
down €4,759 (-76.0%), from €6,265 to €1,506
of which Non-recurring financial income: -€3,306
- Taxes +€3,924
up €3,924 (+444.6%), from €883 to €4,806
- Financial charges +€753
up €753 (+31.9%), from €2,361 to €3,114
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.
Cash bridge derived
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 | €84,578 | €81,437 | -€3,141 | -3.7% |
| Fixed assets | 21/28 | €30,288 | €28,360 | -€1,928 | -6.4% |
| Tangible fixed assets | 22/27 | €30,288 | €28,360 | -€1,928 | -6.4% |
| Plant, machinery and equipment | 23 | €5,568 | €5,159 | -€408 | -7.3% |
| Furniture and vehicles | 24 | €218 | €770 | +€552 | +253.5% |
| Other tangible fixed assets | 26 | €24,502 | €22,430 | -€2,072 | -8.5% |
| Current assets | 29/58 | €54,290 | €53,077 | -€1,213 | -2.2% |
| Amounts receivable within one year | 40/41 | €44,572 | €25,111 | -€19,462 | -43.7% |
| Trade receivables | 40 | €16,000 | €375 | -€15,625 | -97.7% |
| Other amounts receivable | 41 | €28,572 | €24,736 | -€3,837 | -13.4% |
| Cash at bank and in hand | 54/58 | €7,510 | €26,485 | +€18,974 | +252.6% |
| Deferred charges and accrued income | 490/1 | €2,208 | €1,482 | -€725 | -32.9% |
| Total equity and liabilities | 10/49 | €84,578 | €81,437 | -€3,141 | -3.7% |
| Equity | 10/15 | €47,809 | €58,499 | +€10,690 | +22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,744 | €29,435 | +€10,690 | +57.0% |
| Distributable reserves | 133 | €18,744 | €29,435 | +€10,690 | +57.0% |
| Profit (loss) carried forward | 14 | €10,465 | €10,465 | = | 0.0% |
| Amounts payable | 17/49 | €36,769 | €22,938 | -€13,831 | -37.6% |
| Amounts payable after more than one year | 17 | €21,416 | €13,211 | -€8,205 | -38.3% |
| Financial debts | 170/4 | €21,416 | €13,211 | -€8,205 | -38.3% |
| Amounts payable within one year | 42/48 | €15,353 | €9,727 | -€5,626 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €7,754 | €8,205 | +€451 | +5.8% |
| Trade debts | 44 | - | €714 | +€714 | |
| Suppliers | 440/4 | - | €714 | +€714 | |
| Taxes, remuneration and social security | 45 | €933 | €808 | -€125 | -13.4% |
| Taxes | 450/3 | €933 | €808 | -€125 | -13.4% |
| Other amounts payable | 47/48 | €6,666 | - | -€6,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,207 | €3,145 | -€61 | -1.9% |
| Other operating charges | 640/8 | €586 | €731 | +€145 | +24.7% |
| Gross operating margin | 9900 | €1,730 | €20,980 | +€19,250 | +1112.7% |
| Operating profit (loss) | 9901 | -€2,062 | €17,105 | +€19,167 | |
| Financial income | 75/76B | €6,265 | €1,506 | -€4,759 | -76.0% |
| Recurring financial income | 75 | €2,959 | €1,506 | -€1,454 | -49.1% |
| Non-recurring financial income | 76B | €3,306 | - | -€3,306 | |
| Financial charges | 65/66B | €2,361 | €3,114 | +€753 | +31.9% |
| Recurring financial charges | 65 | €2,361 | €3,114 | +€753 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €1,842 | €15,497 | +€13,654 | +741.2% |
| Income taxes | 67/77 | €883 | €4,806 | +€3,924 | +444.6% |
| Profit (loss) for the period | 9904 | €960 | €10,690 | +€9,731 | +1013.9% |
| Profit (loss) for the period to be appropriated | 9905 | €960 | €10,690 | +€9,731 | +1013.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.