MISTLETOE: 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.
MISTLETOE
Largest movements
- Receivables within one year +€112,778
up €112,778 (+6.3%), from €1.8m to €1.9m
of which Trade receivables: +€114,848
- Cash -€24,855
down €24,855 (-99.9%), from €24,880 to €25
mainly Receivables within one year (-€112,778) and Trade debts (-€60)
- Other debts +€34,174
up €34,174 (+228%), from €15,000 to €49,174
- Tax, wage and social debts +€23,310
up €23,310 (+602%), from €3,873 to €27,183
- Advances received +€21,130
new in 2025: €21,130
- Other operating charges -€9,850
down €9,850 (-94.1%), from €10,470 to €620
- Taxes +€4,819
up €4,819 (+313%), from €1,540 to €6,359
- Gross operating margin +€1,515
up €1,515 (+17.1%), from €8,878 to €10,393
- Depreciation -€1,089
down €1,089 (-37.0%), from €2,942 to €1,854
- Financial charges -€353
down €353 (-19.1%), from €1,842 to €1,490
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 | €1,822,498 | €1,908,567 | +€86,069 | +4.7% |
| Fixed assets | 21/28 | €2,834 | €980 | -€1,854 | -65.4% |
| Tangible fixed assets | 22/27 | €2,834 | €980 | -€1,854 | -65.4% |
| Furniture and vehicles | 24 | €2,834 | €980 | -€1,854 | -65.4% |
| Current assets | 29/58 | €1,819,664 | €1,907,587 | +€87,922 | +4.8% |
| Amounts receivable within one year | 40/41 | €1,794,784 | €1,907,562 | +€112,778 | +6.3% |
| Trade receivables | 40 | €1,778,221 | €1,893,069 | +€114,848 | +6.5% |
| Other amounts receivable | 41 | €16,563 | €14,493 | -€2,071 | -12.5% |
| Cash at bank and in hand | 54/58 | €24,880 | €25 | -€24,855 | -99.9% |
| Total equity and liabilities | 10/49 | €1,822,498 | €1,908,567 | +€86,069 | +4.7% |
| Equity | 10/15 | €21,428 | €21,500 | +€72 | +0.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €13,049 | €13,049 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49 | €49 | = | 0.0% |
| Reserves not available under the articles | 1311 | €49 | €49 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,171 | -€10,100 | +€72 | +0.7% |
| Amounts payable | 17/49 | €1,801,070 | €1,887,067 | +€85,997 | +4.8% |
| Amounts payable after more than one year | 17 | €1,777,379 | €1,784,823 | +€7,444 | +0.4% |
| Financial debts | 170/4 | €1,777,379 | €1,784,823 | +€7,444 | +0.4% |
| Amounts payable within one year | 42/48 | €23,691 | €102,244 | +€78,554 | +332% |
| Trade debts | 44 | €4,817 | €4,757 | -€60 | -1.2% |
| Suppliers | 440/4 | €4,817 | €4,757 | -€60 | -1.2% |
| Advances received on contracts in progress | 46 | - | €21,130 | +€21,130 | |
| Taxes, remuneration and social security | 45 | €3,873 | €27,183 | +€23,310 | +602% |
| Taxes | 450/3 | €3,873 | €27,183 | +€23,310 | +602% |
| Other amounts payable | 47/48 | €15,000 | €49,174 | +€34,174 | +228% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,942 | €1,854 | -€1,089 | -37.0% |
| Other operating charges | 640/8 | €10,470 | €620 | -€9,850 | -94.1% |
| Non-recurring operating charges | 66A | €1,516 | €0 | -€1,516 | -100% |
| Gross operating margin | 9900 | €8,878 | €10,393 | +€1,515 | +17.1% |
| Operating profit (loss) | 9901 | -€6,050 | €7,920 | +€13,970 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -59.8% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -59.8% |
| Financial charges | 65/66B | €1,842 | €1,490 | -€353 | -19.1% |
| Recurring financial charges | 65 | €1,842 | €1,490 | -€353 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,890 | €6,431 | +€14,321 | |
| Income taxes | 67/77 | €1,540 | €6,359 | +€4,819 | +313% |
| Profit (loss) for the period | 9904 | -€9,431 | €72 | +€9,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,431 | €72 | +€9,502 |
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 24 October 2026 via checked.be.