MISTAVACK: 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.
MISTAVACK
Largest movements
- Tangible fixed assets +€639,987
up €639,987 (+1514.5%), from €42,256 to €682,243
of which Land and buildings: +€575,744
- Current investments +€69,951
up €69,951 (+128.9%), from €54,247 to €124,198
- Cash -€32,276
down €32,276 (-99.0%), from €32,590 to €314
mainly Investment in fixed assets (net) (-€740,962) and Current investments (-€69,951)
- Receivables within one year +€28,265
up €28,265 (+63.4%), from €44,592 to €72,857
of which Trade receivables: +€35,403
- Deferred charges and accrued income +€10,469
up €10,469 (+400.4%), from €2,615 to €13,084
- Debts after one year +€655,954
up €655,954 (+13658.6%), from €4,802 to €660,756
- Current portion of long-term debt +€53,575
up €53,575 (+408.0%), from €13,132 to €66,707
- Trade debts +€16,052
up €16,052 (+150.9%), from €10,635 to €26,687
- Reserves -€13,839
down €13,839 (-6.5%), from €213,715 to €199,875
- Depreciation +€76,952
up €76,952 (+320.3%), from €24,024 to €100,976
- Gross operating margin +€34,966
up €34,966 (+41.3%), from €84,736 to €119,701
- Taxes -€22,783
down €22,783 (-87.4%), from €26,062 to €3,280
- Financial charges +€9,029
up €9,029 (+1081.1%), from €835 to €9,864
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 | €263,530 | €969,525 | +€705,995 | +267.9% |
| Fixed assets | 21/28 | €42,256 | €682,243 | +€639,987 | +1514.5% |
| Tangible fixed assets | 22/27 | €42,256 | €682,243 | +€639,987 | +1514.5% |
| Land and buildings | 22 | - | €575,744 | +€575,744 | |
| Plant, machinery and equipment | 23 | €18,137 | €17,962 | -€175 | -1.0% |
| Furniture and vehicles | 24 | €17,742 | €15,273 | -€2,469 | -13.9% |
| Leasing and similar rights | 25 | €6,377 | €73,264 | +€66,887 | +1048.9% |
| Current assets | 29/58 | €221,274 | €287,282 | +€66,008 | +29.8% |
| Amounts receivable after more than one year | 29 | €87,230 | €76,829 | -€10,401 | -11.9% |
| Trade receivables | 290 | €37,230 | €32,529 | -€4,701 | -12.6% |
| Other amounts receivable | 291 | €50,000 | €44,300 | -€5,700 | -11.4% |
| Amounts receivable within one year | 40/41 | €44,592 | €72,857 | +€28,265 | +63.4% |
| Trade receivables | 40 | €33,461 | €68,863 | +€35,403 | +105.8% |
| Other amounts receivable | 41 | €11,131 | €3,993 | -€7,137 | -64.1% |
| Current investments | 50/53 | €54,247 | €124,198 | +€69,951 | +128.9% |
| Cash at bank and in hand | 54/58 | €32,590 | €314 | -€32,276 | -99.0% |
| Deferred charges and accrued income | 490/1 | €2,615 | €13,084 | +€10,469 | +400.4% |
| Total equity and liabilities | 10/49 | €263,530 | €969,525 | +€705,995 | +267.9% |
| Equity | 10/15 | €219,915 | €206,075 | -€13,839 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €213,715 | €199,875 | -€13,839 | -6.5% |
| Distributable reserves | 133 | €213,715 | €199,875 | -€13,839 | -6.5% |
| Amounts payable | 17/49 | €43,615 | €763,450 | +€719,835 | +1650.4% |
| Amounts payable after more than one year | 17 | €4,802 | €660,756 | +€655,954 | +13658.6% |
| Financial debts | 170/4 | €4,802 | €660,756 | +€655,954 | +13658.6% |
| Amounts payable within one year | 42/48 | €38,342 | €102,294 | +€63,952 | +166.8% |
| Current portion of amounts payable after more than one year | 42 | €13,132 | €66,707 | +€53,575 | +408.0% |
| Financial debts | 43 | - | €1,108 | +€1,108 | |
| Credit institutions | 430/8 | - | €1,108 | +€1,108 | |
| Trade debts | 44 | €10,635 | €26,687 | +€16,052 | +150.9% |
| Suppliers | 440/4 | €10,635 | €26,687 | +€16,052 | +150.9% |
| Taxes, remuneration and social security | 45 | €12,857 | €6,081 | -€6,776 | -52.7% |
| Taxes | 450/3 | €12,857 | €6,081 | -€6,776 | -52.7% |
| Other amounts payable | 47/48 | €1,718 | €1,710 | -€8 | -0.4% |
| Accrued charges and deferred income | 492/3 | €471 | €400 | -€71 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,024 | €100,976 | +€76,952 | +320.3% |
| Other operating charges | 640/8 | €1,975 | €2,410 | +€435 | +22.0% |
| Gross operating margin | 9900 | €84,736 | €119,701 | +€34,966 | +41.3% |
| Operating profit (loss) | 9901 | €58,737 | €16,316 | -€42,421 | -72.2% |
| Financial income | 75/76B | €2,658 | €3,654 | +€996 | +37.5% |
| Recurring financial income | 75 | €2,658 | €3,654 | +€996 | +37.5% |
| Financial charges | 65/66B | €835 | €9,864 | +€9,029 | +1081.1% |
| Recurring financial charges | 65 | €835 | €9,864 | +€9,029 | +1081.1% |
| Profit (loss) for the period before taxes | 9903 | €60,560 | €10,106 | -€50,454 | -83.3% |
| Income taxes | 67/77 | €26,062 | €3,280 | -€22,783 | -87.4% |
| Profit (loss) for the period | 9904 | €34,498 | €6,827 | -€27,671 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,498 | €6,827 | -€27,671 | -80.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.