MISTRAL: 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.
MISTRAL
Largest movements
- Tangible fixed assets +€5,468
up €5,468 (+170.6%), from €3,206 to €8,674
of which Furniture and vehicles: +€4,696
- Cash +€5,019
up €5,019 (+368.8%), from €1,361 to €6,380
mainly Net result for the year (+€8,410) and Tax, wage and social debts (+€2,828)
- Receivables within one year +€3,557
up €3,557 (+119.0%), from €2,990 to €6,547
of which Trade receivables: +€2,403
- Profit (loss) carried forward +€8,410
up €8,410 (+248.9%), from €3,379 to €11,789
- Trade debts -€3,295
down €3,295 (-48.9%), from €6,733 to €3,438
- Tax, wage and social debts +€2,828
up €2,828 (+206.4%), from €1,370 to €4,198
- Current portion of long-term debt +€2,508
up €2,508 (+99.5%), from €2,520 to €5,028
- Other debts +€2,329
up €2,329 (+68.4%), from €3,407 to €5,736
- Turnover +€43,551
up €43,551 (+213.5%), from €20,394 to €63,945
- Purchases and services +€38,157
up €38,157 (+302.3%), from €12,621 to €50,778
- Gross operating margin +€5,394
up €5,394 (+69.4%), from €7,773 to €13,167
- Depreciation -€3,844
down €3,844 (-84.7%), from €4,536 to €692
- Taxes +€1,893
up €1,893 (+380.1%), from €498 to €2,391
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 | €43,350 | €57,580 | +€14,230 | +32.8% |
| Fixed assets | 21/28 | €38,926 | €44,394 | +€5,468 | +14.0% |
| Tangible fixed assets | 22/27 | €3,206 | €8,674 | +€5,468 | +170.6% |
| Plant, machinery and equipment | 23 | - | €772 | +€772 | |
| Furniture and vehicles | 24 | €3,206 | €7,902 | +€4,696 | +146.5% |
| Financial fixed assets | 28 | €35,720 | €35,720 | = | 0.0% |
| Current assets | 29/58 | €4,424 | €13,186 | +€8,762 | +198.1% |
| Stocks and contracts in progress | 3 | €73 | - | -€73 | |
| Stocks | 30/36 | €73 | - | -€73 | |
| Amounts receivable within one year | 40/41 | €2,990 | €6,547 | +€3,557 | +119.0% |
| Trade receivables | 40 | €2,224 | €4,627 | +€2,403 | +108.0% |
| Other amounts receivable | 41 | €766 | €1,920 | +€1,154 | +150.7% |
| Cash at bank and in hand | 54/58 | €1,361 | €6,380 | +€5,019 | +368.8% |
| Deferred charges and accrued income | 490/1 | - | €259 | +€259 | |
| Total equity and liabilities | 10/49 | €43,350 | €57,580 | +€14,230 | +32.8% |
| Equity | 10/15 | €25,161 | €33,571 | +€8,410 | +33.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €3,190 | €3,190 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,331 | €1,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,379 | €11,789 | +€8,410 | +248.9% |
| Amounts payable | 17/49 | €18,189 | €24,009 | +€5,820 | +32.0% |
| Amounts payable after more than one year | 17 | €3,409 | €5,223 | +€1,814 | +53.2% |
| Financial debts | 170/4 | €3,409 | €4,244 | +€835 | +24.5% |
| Trade debts | 175 | - | €979 | +€979 | |
| Amounts payable within one year | 42/48 | €14,692 | €18,698 | +€4,006 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €2,520 | €5,028 | +€2,508 | +99.5% |
| Trade debts | 44 | €6,733 | €3,438 | -€3,295 | -48.9% |
| Suppliers | 440/4 | €6,733 | €3,438 | -€3,295 | -48.9% |
| Advances received on contracts in progress | 46 | €662 | €298 | -€364 | -55.0% |
| Taxes, remuneration and social security | 45 | €1,370 | €4,198 | +€2,828 | +206.4% |
| Taxes | 450/3 | €1,370 | €4,198 | +€2,828 | +206.4% |
| Other amounts payable | 47/48 | €3,407 | €5,736 | +€2,329 | +68.4% |
| Accrued charges and deferred income | 492/3 | €88 | €88 | = | 0.0% |
| Turnover | 70 | €20,394 | €63,945 | +€43,551 | +213.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,621 | €50,778 | +€38,157 | +302.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,536 | €692 | -€3,844 | -84.7% |
| Other operating charges | 640/8 | €907 | €970 | +€63 | +6.9% |
| Gross operating margin | 9900 | €7,773 | €13,167 | +€5,394 | +69.4% |
| Operating profit (loss) | 9901 | €2,330 | €11,505 | +€9,175 | +393.8% |
| Financial charges | 65/66B | €313 | €704 | +€391 | +124.9% |
| Recurring financial charges | 65 | €313 | €704 | +€391 | +124.9% |
| Profit (loss) for the period before taxes | 9903 | €2,017 | €10,801 | +€8,784 | +435.5% |
| Income taxes | 67/77 | €498 | €2,391 | +€1,893 | +380.1% |
| Profit (loss) for the period | 9904 | €1,519 | €8,410 | +€6,891 | +453.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,519 | €8,410 | +€6,891 | +453.7% |
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 9 October 2026 via checked.be.