MISTRAL: 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.
MISTRAL
Largest movements
- Current assets -€13,277
down €13,277 (-13.5%), from €98,218 to €84,941
of which Receivables within one year: -€11,875
- Tangible fixed assets -€8,824
down €8,824 (-5.7%), from €154,698 to €145,874
- Profit (loss) carried forward -€20,748
down €20,748 (-40.8%), from -€50,827 to -€71,574
- Other operating charges +€7,668
new in 2020: €7,668
- Financial income +€7,015
new in 2020: €7,015
- Gross operating margin -€1,557
down €1,557 (-16.4%), from -€9,491 to -€11,048
- Depreciation -€743
down €743 (-7.8%), from €9,567 to €8,824
- Taxes -€301
down €301 (-64.9%), from €464 to €163
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,916 | €230,815 | -€22,101 | -8.7% |
| Fixed assets | 21/28 | €154,698 | €145,874 | -€8,824 | -5.7% |
| Tangible fixed assets | 22/27 | €154,698 | €145,874 | -€8,824 | -5.7% |
| Plant, machinery and equipment | 23 | - | €1,089 | +€1,089 | |
| Furniture and vehicles | 24 | - | €717 | +€717 | |
| Other tangible fixed assets | 26 | - | €144,069 | +€144,069 | |
| Current assets | 29/58 | €98,218 | €84,941 | -€13,277 | -13.5% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €55,555 | €43,680 | -€11,875 | -21.4% |
| Other amounts receivable | 41 | - | €43,680 | +€43,680 | |
| Cash at bank and in hand | 54/58 | €2,663 | €1,261 | -€1,403 | -52.7% |
| Total equity and liabilities | 10/49 | €252,916 | €230,815 | -€22,101 | -8.7% |
| Equity | 10/15 | €232,051 | €211,304 | -€20,748 | -8.9% |
| Contributions | 10/11 | €267,725 | €267,725 | = | 0.0% |
| Capital | 10 | - | €267,725 | +€267,725 | |
| Issued capital | 100 | - | €267,725 | +€267,725 | |
| Reserves | 13 | €15,153 | €15,153 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €758 | +€758 | |
| Legal reserve | 130 | - | €758 | +€758 | |
| Distributable reserves | 133 | - | €14,395 | +€14,395 | |
| Profit (loss) carried forward | 14 | -€50,827 | -€71,574 | -€20,748 | -40.8% |
| Amounts payable | 17/49 | €20,865 | €19,512 | -€1,354 | -6.5% |
| Amounts payable within one year | 42/48 | €20,865 | €19,512 | -€1,354 | -6.5% |
| Trade debts | 44 | €1,705 | €926 | -€779 | -45.7% |
| Suppliers | 440/4 | - | €926 | +€926 | |
| Taxes, remuneration and social security | 45 | - | €1,179 | +€1,179 | |
| Taxes | 450/3 | - | €627 | +€627 | |
| Remuneration and social security | 454/9 | - | €552 | +€552 | |
| Other amounts payable | 47/48 | - | €17,407 | +€17,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,567 | €8,824 | -€743 | -7.8% |
| Other operating charges | 640/8 | - | €7,668 | +€7,668 | |
| Gross operating margin | 9900 | -€9,491 | -€11,048 | -€1,557 | -16.4% |
| Operating profit (loss) | 9901 | -€25,157 | -€27,540 | -€2,383 | -9.5% |
| Financial income | 75/76B | - | €7,015 | +€7,015 | |
| Recurring financial income | 75 | €6,819 | €7,015 | +€196 | +2.9% |
| Financial charges | 65/66B | - | €60 | +€60 | |
| Recurring financial charges | 65 | €62 | €60 | -€1 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,399 | -€20,585 | -€2,186 | -11.9% |
| Income taxes | 67/77 | €464 | €163 | -€301 | -64.9% |
| Profit (loss) for the period | 9904 | -€18,862 | -€20,748 | -€1,885 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,862 | -€20,748 | -€1,885 | -10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.