MIZEN CONSULTING: what changed
Two fiscal 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.
MIZEN CONSULTING
Largest movements
- Receivables within one year -€118,353
down €118,353 (-100.0%), from €118,353 to €0
of which Trade receivables: -€118,353
- Tangible fixed assets -€94,186
down €94,186 (-3.4%), from €2.8m to €2.7m
of which Land and buildings: -€92,108
- Profit (loss) carried forward -€213,614
down €213,614 (-3.8%), from €5.7m to €5.5m
- Financial income -€118,353
down €118,353 (-100.0%), from €118,353 to €0
of which Financial income: -€118,353
- Gross operating margin -€22,325
down €22,325 (-28.0%), from -€79,822 to -€102,147
- Taxes +€4,610
new in 2025: €4,610
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,390,782 | €6,171,477 | -€219,305 | -3.4% |
| Fixed assets | 21/28 | €6,272,429 | €6,171,477 | -€100,952 | -1.6% |
| Tangible fixed assets | 22/27 | €2,792,250 | €2,698,064 | -€94,186 | -3.4% |
| Land and buildings | 22 | €2,786,826 | €2,694,718 | -€92,108 | -3.3% |
| Plant, machinery and equipment | 23 | €5,424 | €3,346 | -€2,078 | -38.3% |
| Financial fixed assets | 28 | €3,480,179 | €3,473,412 | -€6,767 | -0.2% |
| Current assets | 29/58 | €118,353 | €0 | -€118,353 | -100.0% |
| Amounts receivable within one year | 40/41 | €118,353 | €0 | -€118,353 | -100.0% |
| Trade receivables | 40 | €118,353 | €0 | -€118,353 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,390,782 | €6,171,477 | -€219,305 | -3.4% |
| Equity | 10/15 | €6,351,211 | €6,137,598 | -€213,614 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €653,233 | €653,233 | = | 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% |
| Distributable reserves | 133 | €651,373 | €651,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,691,778 | €5,478,165 | -€213,614 | -3.8% |
| Amounts payable | 17/49 | €39,571 | €33,879 | -€5,692 | -14.4% |
| Amounts payable within one year | 42/48 | €37,019 | €31,010 | -€6,009 | -16.2% |
| Trade debts | 44 | €3,479 | €2,000 | -€1,479 | -42.5% |
| Suppliers | 440/4 | €3,479 | €2,000 | -€1,479 | -42.5% |
| Taxes, remuneration and social security | 45 | €7,459 | €2,930 | -€4,530 | -60.7% |
| Taxes | 450/3 | €7,459 | €2,930 | -€4,530 | -60.7% |
| Other amounts payable | 47/48 | €26,081 | €26,081 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,551 | €2,869 | +€317 | +12.4% |
| Non-recurring operating income | 76A | €48,300 | €0 | -€48,300 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,971 | €94,186 | +€215 | +0.2% |
| Other operating charges | 640/8 | €4,933 | €4,621 | -€312 | -6.3% |
| Non-recurring operating charges | 66A | - | €8,050 | +€8,050 | |
| Gross operating margin | 9900 | -€79,822 | -€102,147 | -€22,325 | -28.0% |
| Operating profit (loss) | 9901 | -€178,726 | -€209,004 | -€30,278 | -16.9% |
| Financial income | 75/76B | €118,353 | €0 | -€118,353 | -100.0% |
| Recurring financial income | 75 | €118,353 | €0 | -€118,353 | -100.0% |
| Non-recurring financial income | 76B | €118,353 | €0 | -€118,353 | -100.0% |
| Financial charges | 65/66B | €95 | €0 | -€95 | -100.0% |
| Recurring financial charges | 65 | €95 | €0 | -€95 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€60,468 | -€209,004 | -€148,536 | -245.6% |
| Income taxes | 67/77 | - | €4,610 | +€4,610 | |
| Profit (loss) for the period | 9904 | -€60,468 | -€213,614 | -€153,146 | -253.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,468 | -€213,614 | -€153,146 | -253.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.