MIZU'S: 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.
MIZU'S
Largest movements
- Tangible fixed assets -€29,442
down €29,442 (-17.8%), from €165,264 to €135,822
of which Furniture and vehicles: -€18,841
- Cash -€9,358
down €9,358 (-27.8%), from €33,684 to €24,326
mainly Other debts (-€21,200) and Net result for the year (-€20,727)
- Receivables within one year -€8,052
down €8,052 (-45.1%), from €17,860 to €9,808
of which Trade receivables: -€11,377
- Stocks and contracts +€3,874
up €3,874 (+39.6%), from €9,786 to €13,660
- Other debts -€21,200
down €21,200 (-12.2%), from €173,912 to €152,712
- Profit (loss) carried forward -€20,727
down €20,727, from €2,521 to -€18,206
- Debts after one year -€9,668
down €9,668 (-25.6%), from €37,802 to €28,135
- Trade debts +€8,632
up €8,632 (+60.9%), from €14,164 to €22,796
- Gross operating margin -€35,169
down €35,169 (-33.9%), from €103,711 to €68,542
- Financial charges +€13,810
up €13,810 (+67.6%), from €20,434 to €34,244
- Staff costs -€13,646
down €13,646 (-48.6%), from €28,054 to €14,408
- Depreciation +€13,630
up €13,630 (+60.7%), from €22,459 to €36,088
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €246,718 | €203,677 | -€43,042 | -17.4% |
| Fixed assets | 21/28 | €177,469 | €148,027 | -€29,442 | -16.6% |
| Tangible fixed assets | 22/27 | €165,264 | €135,822 | -€29,442 | -17.8% |
| Plant, machinery and equipment | 23 | €42,031 | €32,856 | -€9,175 | -21.8% |
| Furniture and vehicles | 24 | €87,923 | €69,082 | -€18,841 | -21.4% |
| Other tangible fixed assets | 26 | €35,311 | €33,884 | -€1,427 | -4.0% |
| Financial fixed assets | 28 | €12,205 | €12,205 | = | 0.0% |
| Current assets | 29/58 | €69,249 | €55,649 | -€13,600 | -19.6% |
| Stocks and contracts in progress | 3 | €9,786 | €13,660 | +€3,874 | +39.6% |
| Stocks | 30/36 | €9,786 | €13,660 | +€3,874 | +39.6% |
| Amounts receivable within one year | 40/41 | €17,860 | €9,808 | -€8,052 | -45.1% |
| Trade receivables | 40 | €12,844 | €1,468 | -€11,377 | -88.6% |
| Other amounts receivable | 41 | €5,015 | €8,340 | +€3,325 | +66.3% |
| Cash at bank and in hand | 54/58 | €33,684 | €24,326 | -€9,358 | -27.8% |
| Deferred charges and accrued income | 490/1 | €7,919 | €7,856 | -€63 | -0.8% |
| Total equity and liabilities | 10/49 | €246,718 | €203,677 | -€43,042 | -17.4% |
| Equity | 10/15 | €8,721 | -€12,006 | -€20,727 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,521 | -€18,206 | -€20,727 | |
| Amounts payable | 17/49 | €237,997 | €215,683 | -€22,314 | -9.4% |
| Amounts payable after more than one year | 17 | €37,802 | €28,135 | -€9,668 | -25.6% |
| Financial debts | 170/4 | €37,802 | €28,135 | -€9,668 | -25.6% |
| Amounts payable within one year | 42/48 | €200,195 | €187,548 | -€12,647 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €9,220 | €9,668 | +€447 | +4.8% |
| Trade debts | 44 | €14,164 | €22,796 | +€8,632 | +60.9% |
| Suppliers | 440/4 | €14,164 | €22,796 | +€8,632 | +60.9% |
| Taxes, remuneration and social security | 45 | €2,899 | €2,373 | -€526 | -18.1% |
| Taxes | 450/3 | €1,083 | €1,438 | +€355 | +32.8% |
| Remuneration and social security | 454/9 | €1,816 | €935 | -€881 | -48.5% |
| Other amounts payable | 47/48 | €173,912 | €152,712 | -€21,200 | -12.2% |
| Remuneration, social security and pensions | 62 | €28,054 | €14,408 | -€13,646 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,459 | €36,088 | +€13,630 | +60.7% |
| Other operating charges | 640/8 | €3,325 | €4,153 | +€828 | +24.9% |
| Gross operating margin | 9900 | €103,711 | €68,542 | -€35,169 | -33.9% |
| Operating profit (loss) | 9901 | €49,872 | €13,892 | -€35,980 | -72.1% |
| Financial income | 75/76B | €55 | €5 | -€49 | -90.6% |
| Recurring financial income | 75 | €55 | €5 | -€49 | -90.6% |
| Financial charges | 65/66B | €20,434 | €34,244 | +€13,810 | +67.6% |
| Recurring financial charges | 65 | €20,434 | €34,244 | +€13,810 | +67.6% |
| Profit (loss) for the period before taxes | 9903 | €29,493 | -€20,347 | -€49,840 | |
| Income taxes | 67/77 | €1,058 | €380 | -€678 | -64.0% |
| Profit (loss) for the period | 9904 | €28,435 | -€20,727 | -€49,162 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,435 | -€20,727 | -€49,162 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.