MIST: 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.
MIST
Largest movements
- Cash +€71,637
up €71,637 (+116.9%), from €61,282 to €132,918
mainly Net result for the year (+€60,833) and Tax, wage and social debts (+€11,066)
- Reserves +€60,833
up €60,833 (+99.0%), from €61,440 to €122,273
- Tax, wage and social debts +€11,066
up €11,066 (+150.4%), from €7,356 to €18,422
of which Taxes: +€11,066
No income-statement line moved by more than 1% of the activity.
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 | €69,922 | €141,986 | +€72,064 | +103.1% |
| Fixed assets | 21/28 | €4,402 | €3,353 | -€1,049 | -23.8% |
| Tangible fixed assets | 22/27 | €4,402 | €3,353 | -€1,049 | -23.8% |
| Furniture and vehicles | 24 | €4,402 | €3,353 | -€1,049 | -23.8% |
| Current assets | 29/58 | €65,520 | €138,633 | +€73,112 | +111.6% |
| Amounts receivable within one year | 40/41 | €2,426 | €2,825 | +€399 | +16.4% |
| Trade receivables | 40 | €16 | €0 | -€16 | -100.0% |
| Other amounts receivable | 41 | €2,410 | €2,825 | +€415 | +17.2% |
| Cash at bank and in hand | 54/58 | €61,282 | €132,918 | +€71,637 | +116.9% |
| Deferred charges and accrued income | 490/1 | €1,813 | €2,890 | +€1,077 | +59.4% |
| Total equity and liabilities | 10/49 | €69,922 | €141,986 | +€72,064 | +103.1% |
| Equity | 10/15 | €62,440 | €123,273 | +€60,833 | +97.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,440 | €122,273 | +€60,833 | +99.0% |
| Distributable reserves | 133 | €61,440 | €122,273 | +€60,833 | +99.0% |
| Amounts payable | 17/49 | €7,482 | €18,713 | +€11,231 | +150.1% |
| Amounts payable within one year | 42/48 | €7,356 | €18,713 | +€11,357 | +154.4% |
| Trade debts | 44 | - | €291 | +€291 | |
| Suppliers | 440/4 | - | €291 | +€291 | |
| Taxes, remuneration and social security | 45 | €7,356 | €18,422 | +€11,066 | +150.4% |
| Taxes | 450/3 | €4,856 | €15,922 | +€11,066 | +227.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €1,049 | +€207 | +24.6% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €79,175 | €78,626 | -€549 | -0.7% |
| Operating profit (loss) | 9901 | €78,208 | €77,449 | -€759 | -1.0% |
| Financial income | 75/76B | €142 | €140 | -€2 | -1.4% |
| Recurring financial income | 75 | €142 | €140 | -€2 | -1.4% |
| Financial charges | 65/66B | €160 | €70 | -€90 | -56.1% |
| Recurring financial charges | 65 | €160 | €70 | -€90 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €78,190 | €77,519 | -€671 | -0.9% |
| Income taxes | 67/77 | €16,749 | €16,686 | -€63 | -0.4% |
| Profit (loss) for the period | 9904 | €61,440 | €60,833 | -€608 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,440 | €60,833 | -€608 | -1.0% |
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 9 October 2026 via checked.be.