MISTARA: 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.
MISTARA
Largest movements
- Cash -€79,850
down €79,850 (-51.6%), from €154,636 to €74,787
mainly Investment in fixed assets (net) (-€85,190) and Debts after one year (-€48,771)
- Tangible fixed assets +€26,296
up €26,296 (+4.3%), from €607,119 to €633,415
of which Other tangible fixed assets: +€68,259
- Debts after one year -€48,771
down €48,771 (-12.9%), from €377,623 to €328,852
- Trade debts +€21,227
up €21,227 (+96.5%), from €22,000 to €43,227
- Other debts -€14,524
down €14,524 (-17.7%), from €81,899 to €67,375
- Tax, wage and social debts -€13,176
down €13,176 (-27.5%), from €47,938 to €34,762
of which Taxes: -€11,279
- Gross operating margin -€176,624
down €176,624 (-48.1%), from €367,581 to €190,957
- Staff costs -€174,600
down €174,600 (-73.3%), from €238,145 to €63,546
- Depreciation +€7,742
up €7,742 (+15.1%), from €51,152 to €58,894
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 | €764,616 | €714,051 | -€50,566 | -6.6% |
| Fixed assets | 21/28 | €607,119 | €633,415 | +€26,296 | +4.3% |
| Tangible fixed assets | 22/27 | €607,119 | €633,415 | +€26,296 | +4.3% |
| Land and buildings | 22 | €495,280 | €466,480 | -€28,800 | -5.8% |
| Plant, machinery and equipment | 23 | €66,647 | €55,892 | -€10,755 | -16.1% |
| Furniture and vehicles | 24 | €23,169 | €20,760 | -€2,409 | -10.4% |
| Other tangible fixed assets | 26 | €22,023 | €90,282 | +€68,259 | +310% |
| Current assets | 29/58 | €157,497 | €80,636 | -€76,861 | -48.8% |
| Amounts receivable within one year | 40/41 | - | €2,596 | +€2,596 | |
| Other amounts receivable | 41 | - | €2,596 | +€2,596 | |
| Cash at bank and in hand | 54/58 | €154,636 | €74,787 | -€79,850 | -51.6% |
| Deferred charges and accrued income | 490/1 | €2,861 | €3,253 | +€392 | +13.7% |
| Total equity and liabilities | 10/49 | €764,616 | €714,051 | -€50,566 | -6.6% |
| Equity | 10/15 | €187,319 | €190,890 | +€3,571 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,860 | €81,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,859 | €90,430 | +€3,571 | +4.1% |
| Amounts payable | 17/49 | €577,297 | €523,160 | -€54,137 | -9.4% |
| Amounts payable after more than one year | 17 | €377,623 | €328,852 | -€48,771 | -12.9% |
| Financial debts | 170/4 | €377,623 | €328,852 | -€48,771 | -12.9% |
| Amounts payable within one year | 42/48 | €199,674 | €194,135 | -€5,539 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €47,837 | €48,771 | +€935 | +2.0% |
| Trade debts | 44 | €22,000 | €43,227 | +€21,227 | +96.5% |
| Suppliers | 440/4 | €22,000 | €43,227 | +€21,227 | +96.5% |
| Taxes, remuneration and social security | 45 | €47,938 | €34,762 | -€13,176 | -27.5% |
| Taxes | 450/3 | €34,457 | €23,178 | -€11,279 | -32.7% |
| Remuneration and social security | 454/9 | €13,480 | €11,583 | -€1,897 | -14.1% |
| Other amounts payable | 47/48 | €81,899 | €67,375 | -€14,524 | -17.7% |
| Accrued charges and deferred income | 492/3 | - | €173 | +€173 | |
| Remuneration, social security and pensions | 62 | €238,145 | €63,546 | -€174,600 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,152 | €58,894 | +€7,742 | +15.1% |
| Other operating charges | 640/8 | €6,129 | €7,437 | +€1,308 | +21.3% |
| Gross operating margin | 9900 | €367,581 | €190,957 | -€176,624 | -48.1% |
| Operating profit (loss) | 9901 | €72,154 | €61,080 | -€11,074 | -15.3% |
| Financial income | 75/76B | €200 | €3,523 | +€3,323 | +1,661% |
| Recurring financial income | 75 | €200 | €3,523 | +€3,323 | +1,661% |
| Financial charges | 65/66B | €11,993 | €11,628 | -€365 | -3.0% |
| Recurring financial charges | 65 | €11,993 | €11,628 | -€365 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €60,361 | €52,975 | -€7,385 | -12.2% |
| Income taxes | 67/77 | €12,218 | €9,404 | -€2,814 | -23.0% |
| Profit (loss) for the period | 9904 | €48,142 | €43,571 | -€4,571 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,142 | €43,571 | -€4,571 | -9.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.