MIX BUD: 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.
MIX BUD
Largest movements
- Receivables within one year +€9,326
up €9,326 (+21.4%), from €43,523 to €52,849
of which Trade receivables: +€18,668
- Tangible fixed assets -€3,809
down €3,809 (-51.2%), from €7,440 to €3,631
- Cash -€2,187
down €2,187 (-24.4%), from €8,955 to €6,768
mainly Receivables within one year (-€9,326) and Net result for the year (-€3,087)
- Profit (loss) carried forward -€3,087
down €3,087 (-5.1%), from -€60,532 to -€63,619
- Tax, wage and social debts +€3,065
new in 2025: €3,065
- Other debts +€1,911
up €1,911 (+3.0%), from €63,048 to €64,958
- Trade debts +€1,352
up €1,352 (+7.1%), from €18,932 to €20,283
- Gross operating margin +€21,817
up €21,817 (+75.6%), from -€28,867 to -€7,051
- Write-downs -€6,199
down €6,199 (-96.3%), from €6,439 to €240
- Financial income +€1,847
up €1,847 (+35.0%), from €5,285 to €7,132
of which Financial income: +€7,108
- Financial charges -€479
down €479 (-56.5%), from €848 to €369
- Depreciation -€476
down €476 (-20.5%), from €2,327 to €1,851
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 | €60,627 | €63,867 | +€3,240 | +5.3% |
| Fixed assets | 21/28 | €7,440 | €3,631 | -€3,809 | -51.2% |
| Tangible fixed assets | 22/27 | €7,440 | €3,631 | -€3,809 | -51.2% |
| Furniture and vehicles | 24 | €7,440 | €3,631 | -€3,809 | -51.2% |
| Current assets | 29/58 | €53,187 | €60,236 | +€7,049 | +13.3% |
| Amounts receivable within one year | 40/41 | €43,523 | €52,849 | +€9,326 | +21.4% |
| Trade receivables | 40 | €31,558 | €50,226 | +€18,668 | +59.2% |
| Other amounts receivable | 41 | €11,966 | €2,623 | -€9,342 | -78.1% |
| Cash at bank and in hand | 54/58 | €8,955 | €6,768 | -€2,187 | -24.4% |
| Deferred charges and accrued income | 490/1 | €709 | €619 | -€90 | -12.7% |
| Total equity and liabilities | 10/49 | €60,627 | €63,867 | +€3,240 | +5.3% |
| Equity | 10/15 | -€21,353 | -€24,440 | -€3,087 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,579 | €20,579 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,719 | €13,719 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,532 | -€63,619 | -€3,087 | -5.1% |
| Amounts payable | 17/49 | €81,979 | €88,306 | +€6,327 | +7.7% |
| Amounts payable within one year | 42/48 | €81,979 | €88,306 | +€6,327 | +7.7% |
| Trade debts | 44 | €18,932 | €20,283 | +€1,352 | +7.1% |
| Suppliers | 440/4 | €18,932 | €20,283 | +€1,352 | +7.1% |
| Taxes, remuneration and social security | 45 | - | €3,065 | +€3,065 | |
| Taxes | 450/3 | - | €3,065 | +€3,065 | |
| Other amounts payable | 47/48 | €63,048 | €64,958 | +€1,911 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,327 | €1,851 | -€476 | -20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,439 | €240 | -€6,199 | -96.3% |
| Other operating charges | 640/8 | €1,034 | €656 | -€378 | -36.5% |
| Non-recurring operating charges | 66A | €293 | €53 | -€240 | -81.9% |
| Gross operating margin | 9900 | -€28,867 | -€7,051 | +€21,817 | +75.6% |
| Operating profit (loss) | 9901 | -€38,961 | -€9,851 | +€29,110 | +74.7% |
| Financial income | 75/76B | €5,285 | €7,132 | +€1,847 | +35.0% |
| Recurring financial income | 75 | €24 | €7,132 | +€7,108 | +29,131% |
| Non-recurring financial income | 76B | €5,261 | €7,132 | +€1,872 | +35.6% |
| Financial charges | 65/66B | €848 | €369 | -€479 | -56.5% |
| Recurring financial charges | 65 | €848 | €369 | -€479 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,523 | -€3,087 | +€31,436 | +91.1% |
| Profit (loss) for the period | 9904 | -€34,523 | -€3,087 | +€31,436 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,523 | -€3,087 | +€31,436 | +91.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.