MIX & MATCH: 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 & MATCH
Largest movements
- Cash -€11,640
down €11,640 (-38.2%), from €30,471 to €18,831
mainly Contributions, distributions and other (-€15,000) and Other debts (-€4,917)
- Tangible fixed assets -€9,027
down €9,027 (-49.0%), from €18,440 to €9,413
of which Furniture and vehicles: -€7,956
- Receivables within one year -€3,832
down €3,832 (-45.6%), from €8,398 to €4,566
of which Trade receivables: -€3,070
- Profit (loss) carried forward -€19,045
down €19,045 (-76.2%), from €24,991 to €5,946
- Other debts -€4,917
down €4,917 (-23.3%), from €21,134 to €16,217
- Current portion of long-term debt -€2,942
down €2,942 (-70.0%), from €4,202 to €1,260
- Trade debts +€2,766
up €2,766 (+107%), from €2,584 to €5,350
- Debts after one year -€895
no longer reported in 2025 (was €895)
- Gross operating margin -€10,258
down €10,258 (-58.7%), from €17,469 to €7,211
- Taxes -€1,902
down €1,902 (-90.1%), from €2,112 to €210
- Financial income +€1,123
new in 2025: €1,123
- Depreciation +€288
up €288 (+2.6%), from €10,873 to €11,161
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 | €57,872 | €33,325 | -€24,547 | -42.4% |
| Fixed assets | 21/28 | €18,440 | €9,413 | -€9,027 | -49.0% |
| Tangible fixed assets | 22/27 | €18,440 | €9,413 | -€9,027 | -49.0% |
| Plant, machinery and equipment | 23 | €6,319 | €5,248 | -€1,071 | -16.9% |
| Furniture and vehicles | 24 | €12,121 | €4,165 | -€7,956 | -65.6% |
| Current assets | 29/58 | €39,432 | €23,912 | -€15,520 | -39.4% |
| Amounts receivable within one year | 40/41 | €8,398 | €4,566 | -€3,832 | -45.6% |
| Trade receivables | 40 | €4,768 | €1,698 | -€3,070 | -64.4% |
| Other amounts receivable | 41 | €3,630 | €2,868 | -€762 | -21.0% |
| Cash at bank and in hand | 54/58 | €30,471 | €18,831 | -€11,640 | -38.2% |
| Deferred charges and accrued income | 490/1 | €563 | €515 | -€48 | -8.5% |
| Total equity and liabilities | 10/49 | €57,872 | €33,325 | -€24,547 | -42.4% |
| Equity | 10/15 | €28,991 | €9,946 | -€19,045 | -65.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,991 | €5,946 | -€19,045 | -76.2% |
| Amounts payable | 17/49 | €28,881 | €23,379 | -€5,502 | -19.1% |
| Amounts payable after more than one year | 17 | €895 | - | -€895 | |
| Financial debts | 170/4 | €895 | - | -€895 | |
| Amounts payable within one year | 42/48 | €27,920 | €23,379 | -€4,541 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €4,202 | €1,260 | -€2,942 | -70.0% |
| Trade debts | 44 | €2,584 | €5,350 | +€2,766 | +107% |
| Suppliers | 440/4 | €2,584 | €5,350 | +€2,766 | +107% |
| Taxes, remuneration and social security | 45 | - | €552 | +€552 | |
| Taxes | 450/3 | - | €552 | +€552 | |
| Other amounts payable | 47/48 | €21,134 | €16,217 | -€4,917 | -23.3% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,873 | €11,161 | +€288 | +2.6% |
| Other operating charges | 640/8 | €644 | €716 | +€72 | +11.2% |
| Gross operating margin | 9900 | €17,469 | €7,211 | -€10,258 | -58.7% |
| Operating profit (loss) | 9901 | €5,952 | -€4,666 | -€10,618 | |
| Financial income | 75/76B | - | €1,123 | +€1,123 | |
| Recurring financial income | 75 | - | €1,123 | +€1,123 | |
| Financial charges | 65/66B | €239 | €292 | +€53 | +22.2% |
| Recurring financial charges | 65 | €239 | €292 | +€53 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €5,713 | -€3,835 | -€9,548 | |
| Income taxes | 67/77 | €2,112 | €210 | -€1,902 | -90.1% |
| Profit (loss) for the period | 9904 | €3,601 | -€4,045 | -€7,646 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,601 | -€4,045 | -€7,646 |
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 13 October 2026 via checked.be.