MUIS: 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.
MUIS
Largest movements
- Receivables within one year -€6,286
down €6,286 (-15.1%), from €41,660 to €35,374
of which Trade receivables: -€9,695
- Tangible fixed assets -€2,265
down €2,265 (-33.0%), from €6,860 to €4,595
of which Furniture and vehicles: -€2,240
- Deferred charges and accrued income +€1,265
up €1,265 (+689.3%), from €184 to €1,449
- Debts after one year -€4,157
down €4,157 (-39.4%), from €10,560 to €6,403
- Trade debts -€3,446
down €3,446 (-65.3%), from €5,276 to €1,830
- Profit (loss) carried forward -€3,394
down €3,394 (-98.2%), from €3,455 to €61
- Tax, wage and social debts +€2,322
up €2,322 (+66.8%), from €3,477 to €5,799
- Short-term financial debts +€1,296
up €1,296 (+17.0%), from €7,607 to €8,903
- Gross operating margin -€21,666
down €21,666 (-98.6%), from €21,965 to €299
- Taxes -€2,028
down €2,028 (-93.6%), from €2,167 to €140
- Depreciation +€1,225
up €1,225 (+88.4%), from €1,386 to €2,612
- Financial income +€529
up €529 (+39.4%), from €1,342 to €1,871
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.
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,703 | €41,418 | -€7,285 | -15.0% |
| Fixed assets | 21/28 | €6,860 | €4,595 | -€2,265 | -33.0% |
| Tangible fixed assets | 22/27 | €6,860 | €4,595 | -€2,265 | -33.0% |
| Plant, machinery and equipment | 23 | €24 | €0 | -€24 | -100.0% |
| Furniture and vehicles | 24 | €6,835 | €4,595 | -€2,240 | -32.8% |
| Current assets | 29/58 | €41,843 | €36,823 | -€5,021 | -12.0% |
| Amounts receivable within one year | 40/41 | €41,660 | €35,374 | -€6,286 | -15.1% |
| Trade receivables | 40 | €9,695 | €0 | -€9,695 | -100.0% |
| Other amounts receivable | 41 | €31,965 | €35,374 | +€3,409 | +10.7% |
| Deferred charges and accrued income | 490/1 | €184 | €1,449 | +€1,265 | +689.3% |
| Total equity and liabilities | 10/49 | €48,703 | €41,418 | -€7,285 | -15.0% |
| Equity | 10/15 | €17,715 | €14,321 | -€3,394 | -19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,455 | €61 | -€3,394 | -98.2% |
| Amounts payable | 17/49 | €30,988 | €27,097 | -€3,891 | -12.6% |
| Amounts payable after more than one year | 17 | €10,560 | €6,403 | -€4,157 | -39.4% |
| Financial debts | 170/4 | €10,560 | €6,403 | -€4,157 | -39.4% |
| Amounts payable within one year | 42/48 | €20,428 | €20,689 | +€261 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €4,068 | €4,157 | +€88 | +2.2% |
| Financial debts | 43 | €7,607 | €8,903 | +€1,296 | +17.0% |
| Other loans | 439 | €7,607 | €8,903 | +€1,296 | +17.0% |
| Trade debts | 44 | €5,276 | €1,830 | -€3,446 | -65.3% |
| Suppliers | 440/4 | €5,276 | €1,830 | -€3,446 | -65.3% |
| Taxes, remuneration and social security | 45 | €3,477 | €5,799 | +€2,322 | +66.8% |
| Taxes | 450/3 | €3,477 | €5,799 | +€2,322 | +66.8% |
| Accrued charges and deferred income | 492/3 | €0 | €5 | +€5 | |
| Non-recurring operating income | 76A | €2,599 | €0 | -€2,599 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,386 | €2,612 | +€1,225 | +88.4% |
| Other operating charges | 640/8 | €929 | €1,116 | +€188 | +20.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €21,965 | €299 | -€21,666 | -98.6% |
| Operating profit (loss) | 9901 | €19,650 | -€3,429 | -€23,079 | |
| Financial income | 75/76B | €1,342 | €1,871 | +€529 | +39.4% |
| Recurring financial income | 75 | €1,342 | €1,871 | +€529 | +39.4% |
| Financial charges | 65/66B | €1,494 | €1,696 | +€202 | +13.5% |
| Recurring financial charges | 65 | €1,494 | €1,696 | +€202 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €19,497 | -€3,254 | -€22,752 | |
| Income taxes | 67/77 | €2,167 | €140 | -€2,028 | -93.6% |
| Profit (loss) for the period | 9904 | €17,330 | -€3,394 | -€20,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,330 | -€3,394 | -€20,724 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.