MISSIM 140: 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.
MISSIM 140
Largest movements
- Receivables within one year +€58,239
up €58,239 (+20.2%), from €288,466 to €346,704
of which Trade receivables: +€58,239
- Tangible fixed assets -€29,730
down €29,730 (-6.9%), from €432,243 to €402,513
- Deferred charges and accrued income +€15,065
up €15,065 (+25,542%), from €59 to €15,124
- Reserves -€68,529
down €68,529 (-12.6%), from €541,930 to €473,401
- Other debts +€53,767
up €53,767 (+183%), from €29,346 to €83,112
- Debts after one year +€27,130
up €27,130 (+4.9%), from €558,609 to €585,739
- Tax, wage and social debts +€25,168
up €25,168 (+33.5%), from €75,187 to €100,355
- Trade debts -€23,183
down €23,183 (-91.9%), from €25,220 to €2,037
- Taxes +€3,427
up €3,427 (+8.5%), from €40,459 to €43,886
- Financial charges -€3,034
down €3,034 (-13.2%), from €22,929 to €19,895
- Other operating charges -€2,368
down €2,368 (-81.2%), from €2,917 to €549
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 | €1,332,216 | €1,366,114 | +€33,898 | +2.5% |
| Fixed assets | 21/28 | €1,032,243 | €1,002,513 | -€29,730 | -2.9% |
| Tangible fixed assets | 22/27 | €432,243 | €402,513 | -€29,730 | -6.9% |
| Land and buildings | 22 | €386,713 | €373,669 | -€13,045 | -3.4% |
| Plant, machinery and equipment | 23 | €13,208 | €8,893 | -€4,316 | -32.7% |
| Furniture and vehicles | 24 | €32,322 | €19,952 | -€12,370 | -38.3% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €299,973 | €363,601 | +€63,628 | +21.2% |
| Amounts receivable within one year | 40/41 | €288,466 | €346,704 | +€58,239 | +20.2% |
| Trade receivables | 40 | €63,941 | €122,179 | +€58,239 | +91.1% |
| Other amounts receivable | 41 | €224,525 | €224,525 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,448 | €1,773 | -€9,675 | -84.5% |
| Deferred charges and accrued income | 490/1 | €59 | €15,124 | +€15,065 | +25,542% |
| Total equity and liabilities | 10/49 | €1,332,216 | €1,366,114 | +€33,898 | +2.5% |
| Equity | 10/15 | €554,330 | €492,001 | -€62,329 | -11.2% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €541,930 | €473,401 | -€68,529 | -12.6% |
| Distributable reserves | 133 | €541,930 | €473,401 | -€68,529 | -12.6% |
| Amounts payable | 17/49 | €777,886 | €874,113 | +€96,227 | +12.4% |
| Amounts payable after more than one year | 17 | €558,609 | €585,739 | +€27,130 | +4.9% |
| Financial debts | 170/4 | €558,609 | €585,739 | +€27,130 | +4.9% |
| Amounts payable within one year | 42/48 | €218,988 | €288,374 | +€69,386 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €89,236 | €102,870 | +€13,634 | +15.3% |
| Trade debts | 44 | €25,220 | €2,037 | -€23,183 | -91.9% |
| Suppliers | 440/4 | €25,220 | €2,037 | -€23,183 | -91.9% |
| Taxes, remuneration and social security | 45 | €75,187 | €100,355 | +€25,168 | +33.5% |
| Taxes | 450/3 | €75,187 | €100,355 | +€25,168 | +33.5% |
| Other amounts payable | 47/48 | €29,346 | €83,112 | +€53,767 | +183% |
| Accrued charges and deferred income | 492/3 | €289 | - | -€289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,470 | €29,470 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,917 | €549 | -€2,368 | -81.2% |
| Non-recurring operating charges | 66A | - | €260 | +€260 | |
| Gross operating margin | 9900 | €205,247 | €205,524 | +€277 | +0.1% |
| Operating profit (loss) | 9901 | €172,859 | €175,245 | +€2,385 | +1.4% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €22,929 | €19,895 | -€3,034 | -13.2% |
| Recurring financial charges | 65 | €22,929 | €19,895 | -€3,034 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €149,930 | €155,356 | +€5,426 | +3.6% |
| Income taxes | 67/77 | €40,459 | €43,886 | +€3,427 | +8.5% |
| Profit (loss) for the period | 9904 | €109,472 | €111,471 | +€1,999 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €109,472 | €111,471 | +€1,999 | +1.8% |
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 29 October 2026 via checked.be.