MISTI: 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.
MISTI
Largest movements
- Tangible fixed assets +€26,356
up €26,356 (+46.2%), from €57,051 to €83,407
of which Furniture and vehicles: +€21,427
- Receivables within one year -€4,757
down €4,757 (-72.4%), from €6,573 to €1,816
of which Other amounts receivable: -€6,573
- Deferred charges and accrued income +€4,132
new in 2025: €4,132
- Trade debts +€35,533
new in 2025: €35,533
- Profit (loss) carried forward -€10,888
down €10,888 (-68.3%), from €15,942 to €5,054
- Contributions +€9,250
up €9,250 (+185%), from €5,000 to €14,250
- Debts after one year -€5,930
down €5,930 (-14.0%), from €42,311 to €36,381
- Current portion of long-term debt -€2,885
no longer reported in 2025 (was €2,885)
- Other operating charges -€19,613
down €19,613 (-98.7%), from €19,866 to €253
- Depreciation +€4,523
up €4,523 (+38.2%), from €11,832 to €16,355
- Gross operating margin +€3,366
up €3,366 (+108%), from €3,117 to €6,483
- Purchases and services -€2,865
down €2,865 (-16.2%), from €17,661 to €14,796
- Staff costs -€441
down €441 (-100%), from €441 to €0
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 | €66,138 | €91,218 | +€25,080 | +37.9% |
| Fixed assets | 21/28 | €57,051 | €83,407 | +€26,356 | +46.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €57,051 | €83,407 | +€26,356 | +46.2% |
| Land and buildings | 22 | €713 | €357 | -€356 | -49.9% |
| Plant, machinery and equipment | 23 | €4,520 | €9,805 | +€5,285 | +117% |
| Furniture and vehicles | 24 | €48,358 | €69,785 | +€21,427 | +44.3% |
| Other tangible fixed assets | 26 | €3,460 | €3,460 | = | 0.0% |
| Current assets | 29/58 | €9,087 | €7,811 | -€1,276 | -14.0% |
| Amounts receivable within one year | 40/41 | €6,573 | €1,816 | -€4,757 | -72.4% |
| Trade receivables | 40 | - | €1,816 | +€1,816 | |
| Other amounts receivable | 41 | €6,573 | - | -€6,573 | |
| Cash at bank and in hand | 54/58 | €2,514 | €1,863 | -€651 | -25.9% |
| Deferred charges and accrued income | 490/1 | - | €4,132 | +€4,132 | |
| Total equity and liabilities | 10/49 | €66,138 | €91,218 | +€25,080 | +37.9% |
| Equity | 10/15 | €20,942 | €19,304 | -€1,638 | -7.8% |
| Contributions | 10/11 | €5,000 | €14,250 | +€9,250 | +185% |
| Capital | 10 | €5,000 | €14,250 | +€9,250 | +185% |
| Issued capital | 100 | €5,000 | €14,250 | +€9,250 | +185% |
| Profit (loss) carried forward | 14 | €15,942 | €5,054 | -€10,888 | -68.3% |
| Amounts payable | 17/49 | €45,196 | €71,914 | +€26,718 | +59.1% |
| Amounts payable after more than one year | 17 | €42,311 | €36,381 | -€5,930 | -14.0% |
| Financial debts | 170/4 | €42,311 | €36,381 | -€5,930 | -14.0% |
| Amounts payable within one year | 42/48 | €2,885 | €35,533 | +€32,648 | +1,132% |
| Current portion of amounts payable after more than one year | 42 | €2,885 | - | -€2,885 | |
| Trade debts | 44 | - | €35,533 | +€35,533 | |
| Suppliers | 440/4 | - | €35,533 | +€35,533 | |
| Goods, raw materials, services and sundry goods | 60/61 | €17,661 | €14,796 | -€2,865 | -16.2% |
| Remuneration, social security and pensions | 62 | €441 | €0 | -€441 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,832 | €16,355 | +€4,523 | +38.2% |
| Other operating charges | 640/8 | €19,866 | €253 | -€19,613 | -98.7% |
| Gross operating margin | 9900 | €3,117 | €6,483 | +€3,366 | +108% |
| Operating profit (loss) | 9901 | -€29,022 | -€10,125 | +€18,897 | +65.1% |
| Financial income | 75/76B | €306 | €1 | -€305 | -99.7% |
| Recurring financial income | 75 | €306 | €1 | -€305 | -99.7% |
| Financial charges | 65/66B | €563 | €764 | +€201 | +35.7% |
| Recurring financial charges | 65 | €563 | €764 | +€201 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,279 | -€10,888 | +€18,391 | +62.8% |
| Profit (loss) for the period | 9904 | -€29,279 | -€10,888 | +€18,391 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,279 | -€10,888 | +€18,391 | +62.8% |
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 14 October 2026 via checked.be.