MUCHO GUSTO: 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.
MUCHO GUSTO
Largest movements
- Receivables within one year +€19,373
up €19,373 (+317%), from €6,108 to €25,481
of which Trade receivables: +€19,416
- Tangible fixed assets -€9,533
down €9,533 (-31.3%), from €30,502 to €20,970
- Cash -€5,183
down €5,183 (-17.4%), from €29,750 to €24,567
mainly Receivables within one year (-€19,373) and Contributions, distributions and other (-€8,542)
- Stocks and contracts +€2,948
up €2,948 (+23.6%), from €12,506 to €15,454
- Other debts +€5,766
up €5,766 (+73.5%), from €7,844 to €13,609
- Tax, wage and social debts +€3,792
up €3,792 (+158%), from €2,396 to €6,188
of which Taxes: +€2,649
- Reserves -€2,353
down €2,353 (-4.8%), from €49,530 to €47,177
- Gross operating margin +€7,681
up €7,681 (+42.2%), from €18,196 to €25,878
- Taxes +€2,075
up €2,075 (+195%), from €1,065 to €3,139
- Depreciation +€282
up €282 (+3.1%), from €9,251 to €9,533
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 | €82,435 | €90,055 | +€7,620 | +9.2% |
| Fixed assets | 21/28 | €30,502 | €20,970 | -€9,533 | -31.3% |
| Tangible fixed assets | 22/27 | €30,502 | €20,970 | -€9,533 | -31.3% |
| Plant, machinery and equipment | 23 | €5,257 | €1,572 | -€3,686 | -70.1% |
| Furniture and vehicles | 24 | €13,243 | €9,316 | -€3,927 | -29.7% |
| Other tangible fixed assets | 26 | €12,002 | €10,082 | -€1,920 | -16.0% |
| Current assets | 29/58 | €51,932 | €69,086 | +€17,153 | +33.0% |
| Stocks and contracts in progress | 3 | €12,506 | €15,454 | +€2,948 | +23.6% |
| Stocks | 30/36 | €12,506 | €15,454 | +€2,948 | +23.6% |
| Amounts receivable within one year | 40/41 | €6,108 | €25,481 | +€19,373 | +317% |
| Trade receivables | 40 | €6,065 | €25,481 | +€19,416 | +320% |
| Other amounts receivable | 41 | €43 | €0 | -€43 | -100% |
| Cash at bank and in hand | 54/58 | €29,750 | €24,567 | -€5,183 | -17.4% |
| Deferred charges and accrued income | 490/1 | €3,568 | €3,584 | +€15 | +0.4% |
| Total equity and liabilities | 10/49 | €82,435 | €90,055 | +€7,620 | +9.2% |
| Equity | 10/15 | €68,130 | €65,777 | -€2,353 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,530 | €47,177 | -€2,353 | -4.8% |
| Distributable reserves | 133 | €49,530 | €47,177 | -€2,353 | -4.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,305 | €24,278 | +€9,974 | +69.7% |
| Amounts payable within one year | 42/48 | €13,105 | €23,078 | +€9,974 | +76.1% |
| Trade debts | 44 | €2,865 | €3,281 | +€416 | +14.5% |
| Suppliers | 440/4 | €2,865 | €3,281 | +€416 | +14.5% |
| Taxes, remuneration and social security | 45 | €2,396 | €6,188 | +€3,792 | +158% |
| Taxes | 450/3 | €2,046 | €4,695 | +€2,649 | +129% |
| Remuneration and social security | 454/9 | €350 | €1,493 | +€1,143 | +327% |
| Other amounts payable | 47/48 | €7,844 | €13,609 | +€5,766 | +73.5% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,223 | €2,108 | -€115 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,251 | €9,533 | +€282 | +3.1% |
| Other operating charges | 640/8 | €3,724 | €3,880 | +€156 | +4.2% |
| Gross operating margin | 9900 | €18,196 | €25,878 | +€7,681 | +42.2% |
| Operating profit (loss) | 9901 | €2,999 | €10,356 | +€7,358 | +245% |
| Financial income | 75/76B | €138 | €135 | -€3 | -2.4% |
| Recurring financial income | 75 | €138 | €135 | -€3 | -2.4% |
| Financial charges | 65/66B | €1,239 | €1,164 | -€75 | -6.1% |
| Recurring financial charges | 65 | €1,239 | €1,164 | -€75 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,898 | €9,328 | +€7,430 | +391% |
| Income taxes | 67/77 | €1,065 | €3,139 | +€2,075 | +195% |
| Profit (loss) for the period | 9904 | €834 | €6,189 | +€5,355 | +642% |
| Profit (loss) for the period to be appropriated | 9905 | €834 | €6,189 | +€5,355 | +642% |
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 15 October 2026 via checked.be.