MITHRAS FINANCES: 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.
MITHRAS FINANCES
Largest movements
- Tangible fixed assets -€54,351
down €54,351 (-23.4%), from €231,785 to €177,434
of which Furniture and vehicles: -€33,533
- Cash +€10,083
up €10,083 (+6.4%), from €158,579 to €168,662
mainly Depreciation (+€57,565) and Accrued charges and deferred income (+€543)
- Receivables within one year +€4,949
up €4,949 (+29.9%), from €16,552 to €21,501
of which Other amounts receivable: +€14,235
- Reserves -€26,000
down €26,000 (-7.1%), from €368,076 to €342,076
of which Distributable reserves: -€26,000
- Tax, wage and social debts -€6,816
no longer reported in 2025 (was €6,816)
of which Taxes: -€6,332
- Turnover -€89,176
down €89,176 (-58.9%), from €151,519 to €62,343
- Gross operating margin -€50,385
down €50,385 (-58.0%), from €86,891 to €36,506
- Depreciation +€29,456
up €29,456 (+105%), from €28,109 to €57,565
- Purchases and services -€22,517
down €22,517 (-30.1%), from €74,732 to €52,215
- Taxes -€11,959
down €11,959 (-78.8%), from €15,177 to €3,218
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 | €407,412 | €367,808 | -€39,604 | -9.7% |
| Fixed assets | 21/28 | €231,785 | €177,434 | -€54,351 | -23.4% |
| Tangible fixed assets | 22/27 | €231,785 | €177,434 | -€54,351 | -23.4% |
| Land and buildings | 22 | €185,718 | €165,872 | -€19,846 | -10.7% |
| Plant, machinery and equipment | 23 | €7,623 | €6,651 | -€972 | -12.8% |
| Furniture and vehicles | 24 | €38,444 | €4,911 | -€33,533 | -87.2% |
| Current assets | 29/58 | €175,627 | €190,374 | +€14,747 | +8.4% |
| Amounts receivable after more than one year | 29 | €239 | €211 | -€28 | -11.7% |
| Trade receivables | 290 | - | €211 | +€211 | |
| Other amounts receivable | 291 | €239 | - | -€239 | |
| Amounts receivable within one year | 40/41 | €16,552 | €21,501 | +€4,949 | +29.9% |
| Trade receivables | 40 | €9,471 | €185 | -€9,286 | -98.0% |
| Other amounts receivable | 41 | €7,081 | €21,316 | +€14,235 | +201% |
| Cash at bank and in hand | 54/58 | €158,579 | €168,662 | +€10,083 | +6.4% |
| Deferred charges and accrued income | 490/1 | €257 | - | -€257 | |
| Total equity and liabilities | 10/49 | €407,412 | €367,808 | -€39,604 | -9.7% |
| Equity | 10/15 | €370,356 | €341,797 | -€28,559 | -7.7% |
| Reserves | 13 | €368,076 | €342,076 | -€26,000 | -7.1% |
| Non-distributable reserves | 130/1 | €10,226 | €10,226 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,226 | €10,226 | = | 0.0% |
| Tax-exempt reserves | 132 | €132,850 | €132,850 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €199,000 | -€26,000 | -11.6% |
| Profit (loss) carried forward | 14 | €2,280 | -€279 | -€2,559 | |
| Amounts payable | 17/49 | €37,056 | €26,011 | -€11,045 | -29.8% |
| Amounts payable within one year | 42/48 | €35,011 | €23,423 | -€11,588 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €16,110 | €16,110 | = | 0.0% |
| Trade debts | 44 | €4,067 | €170 | -€3,897 | -95.8% |
| Suppliers | 440/4 | €4,067 | €170 | -€3,897 | -95.8% |
| Taxes, remuneration and social security | 45 | €6,816 | - | -€6,816 | |
| Taxes | 450/3 | €6,332 | - | -€6,332 | |
| Remuneration and social security | 454/9 | €484 | - | -€484 | |
| Other amounts payable | 47/48 | €8,018 | €7,143 | -€875 | -10.9% |
| Accrued charges and deferred income | 492/3 | €2,045 | €2,588 | +€543 | +26.6% |
| Turnover | 70 | €151,519 | €62,343 | -€89,176 | -58.9% |
| Non-recurring operating income | 76A | €10,104 | €26,378 | +€16,274 | +161% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,732 | €52,215 | -€22,517 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,109 | €57,565 | +€29,456 | +105% |
| Other operating charges | 640/8 | €4,615 | €4,141 | -€474 | -10.3% |
| Gross operating margin | 9900 | €86,891 | €36,506 | -€50,385 | -58.0% |
| Operating profit (loss) | 9901 | €54,167 | -€25,200 | -€79,367 | |
| Financial income | 75/76B | €1,721 | €4,968 | +€3,247 | +189% |
| Recurring financial income | 75 | €1,721 | €3,908 | +€2,187 | +127% |
| Non-recurring financial income | 76B | - | €1,060 | +€1,060 | |
| Financial charges | 65/66B | €89 | €109 | +€20 | +22.5% |
| Recurring financial charges | 65 | €89 | €109 | +€20 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €55,799 | -€20,341 | -€76,140 | |
| Income taxes | 67/77 | €15,177 | €3,218 | -€11,959 | -78.8% |
| Profit (loss) for the period | 9904 | €40,622 | -€23,559 | -€64,181 | |
| Transfer to tax-exempt reserves | 689 | €21,050 | - | -€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,572 | -€23,559 | -€43,131 |
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 18 October 2026 via checked.be.