Miyu: 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.
Miyu
Largest movements
- Cash +€811,852
up €811,852 (+2,709%), from €29,968 to €841,820
mainly Stocks and contracts (+€678,479) and Other debts (+€75,232)
- Stocks and contracts -€678,479
down €678,479 (-98.6%), from €688,042 to €9,563
- Receivables within one year +€21,759
up €21,759 (+892%), from €2,441 to €24,200
of which Trade receivables: +€22,658
- Other debts +€75,232
up €75,232 (+11.3%), from €667,178 to €742,410
- Reserves +€34,442
new in 2025: €34,442
- Profit (loss) carried forward +€24,908
up €24,908, from -€24,908 to €0
- Tax, wage and social debts +€10,983
up €10,983 (+7,357%), from €149 to €11,133
- Gross operating margin +€94,322
up €94,322, from -€17,858 to €76,463
- Taxes +€10,212
up €10,212 (+6,840%), from €149 to €10,361
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 | €743,595 | €892,220 | +€148,625 | +20.0% |
| Fixed assets | 21/28 | €21,346 | €15,886 | -€5,460 | -25.6% |
| Tangible fixed assets | 22/27 | €21,346 | €15,886 | -€5,460 | -25.6% |
| Furniture and vehicles | 24 | €21,346 | €15,886 | -€5,460 | -25.6% |
| Current assets | 29/58 | €722,249 | €876,334 | +€154,086 | +21.3% |
| Stocks and contracts in progress | 3 | €688,042 | €9,563 | -€678,479 | -98.6% |
| Stocks | 30/36 | €688,042 | €9,563 | -€678,479 | -98.6% |
| Amounts receivable within one year | 40/41 | €2,441 | €24,200 | +€21,759 | +892% |
| Trade receivables | 40 | €1,542 | €24,200 | +€22,658 | +1,469% |
| Other amounts receivable | 41 | €898 | €0 | -€898 | -100% |
| Cash at bank and in hand | 54/58 | €29,968 | €841,820 | +€811,852 | +2,709% |
| Deferred charges and accrued income | 490/1 | €1,798 | €751 | -€1,047 | -58.2% |
| Total equity and liabilities | 10/49 | €743,595 | €892,220 | +€148,625 | +20.0% |
| Equity | 10/15 | €75,092 | €134,442 | +€59,350 | +79.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €34,442 | +€34,442 | |
| Distributable reserves | 133 | - | €34,442 | +€34,442 | |
| Profit (loss) carried forward | 14 | -€24,908 | €0 | +€24,908 | |
| Amounts payable | 17/49 | €668,503 | €757,778 | +€89,276 | +13.4% |
| Amounts payable within one year | 42/48 | €668,503 | €755,762 | +€87,260 | +13.1% |
| Trade debts | 44 | €1,176 | €2,220 | +€1,044 | +88.8% |
| Suppliers | 440/4 | €1,176 | €2,220 | +€1,044 | +88.8% |
| Taxes, remuneration and social security | 45 | €149 | €11,133 | +€10,983 | +7,357% |
| Taxes | 450/3 | €149 | €11,133 | +€10,983 | +7,357% |
| Other amounts payable | 47/48 | €667,178 | €742,410 | +€75,232 | +11.3% |
| Accrued charges and deferred income | 492/3 | - | €2,016 | +€2,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,956 | €5,460 | -€495 | -8.3% |
| Other operating charges | 640/8 | €871 | €1,411 | +€540 | +62.1% |
| Gross operating margin | 9900 | -€17,858 | €76,463 | +€94,322 | |
| Operating profit (loss) | 9901 | -€24,685 | €69,592 | +€94,277 | |
| Financial income | 75/76B | - | €164 | +€164 | |
| Recurring financial income | 75 | - | €164 | +€164 | |
| Financial charges | 65/66B | €73 | €45 | -€28 | -38.6% |
| Recurring financial charges | 65 | €73 | €45 | -€28 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,758 | €69,711 | +€94,469 | |
| Income taxes | 67/77 | €149 | €10,361 | +€10,212 | +6,840% |
| Profit (loss) for the period | 9904 | -€24,908 | €59,350 | +€84,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,908 | €59,350 | +€84,257 |
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 14 October 2026 via checked.be.