MIX MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables after one year +€27,123
up €27,123 (+7.4%), from €368,973 to €396,096
- Reserves +€35,766
up €35,766 (+32.8%), from €108,953 to €144,719
of which Distributable reserves: +€35,766
- Tax, wage and social debts -€5,959
down €5,959 (-22.5%), from €26,460 to €20,500
- Gross operating margin +€26,350
up €26,350 (+99.1%), from €26,585 to €52,935
- Taxes +€9,602
up €9,602 (+100.6%), from €9,540 to €19,142
- Financial income +€732
up €732 (+10.5%), from €6,972 to €7,703
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €401,948 | €431,830 | +€29,883 | +7.4% |
| Fixed assets | 21/28 | €13,468 | €13,700 | +€232 | +1.7% |
| Tangible fixed assets | 22/27 | €13,468 | €13,700 | +€232 | +1.7% |
| Furniture and vehicles | 24 | €13,468 | €13,700 | +€232 | +1.7% |
| Current assets | 29/58 | €388,480 | €418,130 | +€29,650 | +7.6% |
| Amounts receivable after more than one year | 29 | €368,973 | €396,096 | +€27,123 | +7.4% |
| Trade receivables | 290 | €368,973 | €396,096 | +€27,123 | +7.4% |
| Amounts receivable within one year | 40/41 | €9,170 | €10,899 | +€1,729 | +18.9% |
| Trade receivables | 40 | €9,170 | €10,899 | +€1,729 | +18.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €676 | €1,992 | +€1,316 | +194.8% |
| Deferred charges and accrued income | 490/1 | €9,661 | €9,144 | -€518 | -5.4% |
| Total equity and liabilities | 10/49 | €401,948 | €431,830 | +€29,883 | +7.4% |
| Equity | 10/15 | €373,723 | €409,489 | +€35,766 | +9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €108,953 | €144,719 | +€35,766 | +32.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,093 | €142,859 | +€35,766 | +33.4% |
| Profit (loss) carried forward | 14 | €252,369 | €252,369 | = | 0.0% |
| Amounts payable | 17/49 | €28,225 | €22,342 | -€5,883 | -20.8% |
| Amounts payable within one year | 42/48 | €28,225 | €22,342 | -€5,883 | -20.8% |
| Financial debts | 43 | - | €168 | +€168 | |
| Credit institutions | 430/8 | - | €168 | +€168 | |
| Trade debts | 44 | €1,765 | €1,673 | -€92 | -5.2% |
| Suppliers | 440/4 | €1,765 | €1,673 | -€92 | -5.2% |
| Taxes, remuneration and social security | 45 | €26,460 | €20,500 | -€5,959 | -22.5% |
| Taxes | 450/3 | €26,460 | €20,500 | -€5,959 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,812 | €4,317 | -€495 | -10.3% |
| Other operating charges | 640/8 | €1,183 | €934 | -€248 | -21.0% |
| Non-recurring operating charges | 66A | €881 | €0 | -€881 | -100.0% |
| Gross operating margin | 9900 | €26,585 | €52,935 | +€26,350 | +99.1% |
| Operating profit (loss) | 9901 | €19,709 | €47,684 | +€27,975 | +141.9% |
| Financial income | 75/76B | €6,972 | €7,703 | +€732 | +10.5% |
| Recurring financial income | 75 | €6,972 | €7,703 | +€732 | +10.5% |
| Financial charges | 65/66B | €323 | €479 | +€157 | +48.5% |
| Recurring financial charges | 65 | €323 | €479 | +€157 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €26,358 | €54,908 | +€28,550 | +108.3% |
| Income taxes | 67/77 | €9,540 | €19,142 | +€9,602 | +100.6% |
| Profit (loss) for the period | 9904 | €16,818 | €35,766 | +€18,948 | +112.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,818 | €35,766 | +€18,948 | +112.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.