MISURA: 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.
MISURA
Largest movements
- Tangible fixed assets -€1,934
down €1,934 (-19.7%), from €9,822 to €7,887
- Deferred charges and accrued income -€1,640
down €1,640 (-75.9%), from €2,160 to €520
- Stocks and contracts -€1,312
down €1,312 (-2.0%), from €64,990 to €63,678
- Cash +€1,018
up €1,018 (+5.7%), from €17,939 to €18,957
mainly Other debts (+€13,253) and Trade debts (+€3,802)
- Profit (loss) carried forward -€14,776
down €14,776 (-225.7%), from -€6,547 to -€21,323
- Other debts +€13,253
up €13,253 (+29.5%), from €44,970 to €58,223
- Tax, wage and social debts -€5,564
down €5,564 (-23.6%), from €23,560 to €17,996
of which Taxes: -€5,424
- Trade debts +€3,802
up €3,802 (+30.2%), from €12,582 to €16,384
- Accrued charges and deferred income -€1,089
down €1,089 (-100.0%), from €1,089 to €0
- Gross operating margin -€15,496
down €15,496 (-89.2%), from €17,367 to €1,870
- Staff costs +€4,339
up €4,339 (+71.4%), from €6,076 to €10,414
- Taxes -€3,213
down €3,213 (-91.9%), from €3,494 to €282
- Financial charges -€1,003
down €1,003 (-41.8%), from €2,400 to €1,397
- Other operating charges -€753
down €753 (-21.9%), from €3,437 to €2,684
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 | €99,628 | €95,253 | -€4,374 | -4.4% |
| Fixed assets | 21/28 | €11,522 | €9,587 | -€1,934 | -16.8% |
| Tangible fixed assets | 22/27 | €9,822 | €7,887 | -€1,934 | -19.7% |
| Plant, machinery and equipment | 23 | €545 | €0 | -€545 | -100.0% |
| Furniture and vehicles | 24 | €4,640 | €3,838 | -€802 | -17.3% |
| Other tangible fixed assets | 26 | €4,637 | €4,050 | -€587 | -12.7% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €88,106 | €85,666 | -€2,440 | -2.8% |
| Stocks and contracts in progress | 3 | €64,990 | €63,678 | -€1,312 | -2.0% |
| Stocks | 30/36 | €64,990 | €63,678 | -€1,312 | -2.0% |
| Amounts receivable within one year | 40/41 | €3,018 | €2,511 | -€507 | -16.8% |
| Trade receivables | 40 | €2,944 | €2,511 | -€433 | -14.7% |
| Other amounts receivable | 41 | €74 | €0 | -€74 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,939 | €18,957 | +€1,018 | +5.7% |
| Deferred charges and accrued income | 490/1 | €2,160 | €520 | -€1,640 | -75.9% |
| Total equity and liabilities | 10/49 | €99,628 | €95,253 | -€4,374 | -4.4% |
| Equity | 10/15 | €17,427 | €2,651 | -€14,776 | -84.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,974 | €21,974 | = | 0.0% |
| Distributable reserves | 133 | €21,974 | €21,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,547 | -€21,323 | -€14,776 | -225.7% |
| Amounts payable | 17/49 | €82,201 | €92,603 | +€10,402 | +12.7% |
| Amounts payable within one year | 42/48 | €81,112 | €92,603 | +€11,491 | +14.2% |
| Trade debts | 44 | €12,582 | €16,384 | +€3,802 | +30.2% |
| Suppliers | 440/4 | €12,582 | €16,384 | +€3,802 | +30.2% |
| Taxes, remuneration and social security | 45 | €23,560 | €17,996 | -€5,564 | -23.6% |
| Taxes | 450/3 | €22,957 | €17,534 | -€5,424 | -23.6% |
| Remuneration and social security | 454/9 | €602 | €462 | -€140 | -23.3% |
| Other amounts payable | 47/48 | €44,970 | €58,223 | +€13,253 | +29.5% |
| Accrued charges and deferred income | 492/3 | €1,089 | €0 | -€1,089 | -100.0% |
| Remuneration, social security and pensions | 62 | €6,076 | €10,414 | +€4,339 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,427 | €1,934 | -€493 | -20.3% |
| Other operating charges | 640/8 | €3,437 | €2,684 | -€753 | -21.9% |
| Gross operating margin | 9900 | €17,367 | €1,870 | -€15,496 | -89.2% |
| Operating profit (loss) | 9901 | €5,427 | -€13,162 | -€18,589 | |
| Financial income | 75/76B | €516 | €65 | -€451 | -87.4% |
| Recurring financial income | 75 | €516 | €65 | -€451 | -87.4% |
| Financial charges | 65/66B | €2,400 | €1,397 | -€1,003 | -41.8% |
| Recurring financial charges | 65 | €2,400 | €1,397 | -€1,003 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €3,543 | -€14,494 | -€18,037 | |
| Income taxes | 67/77 | €3,494 | €282 | -€3,213 | -91.9% |
| Profit (loss) for the period | 9904 | €48 | -€14,776 | -€14,824 | |
| Profit (loss) for the period to be appropriated | 9905 | €48 | -€14,776 | -€14,824 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.