Mullens-Diest: 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.
Mullens-Diest
Largest movements
- Cash -€466,782
down €466,782 (-89.7%), from €520,168 to €53,385
mainly Current investments (-€452,003) and Contributions, distributions and other (-€441,000)
- Current investments +€452,003
new in 2025: €452,003
- Stocks and contracts -€255,959
down €255,959 (-81.1%), from €315,631 to €59,672
- Contributions -€441,000
down €441,000 (-85.6%), from €515,368 to €74,368
- Other debts +€207,171
up €207,171, from €0 to €207,171
- Tax, wage and social debts -€43,754
down €43,754 (-26.6%), from €164,664 to €120,909
of which Taxes: -€43,754
- Reserves +€21,713
up €21,713 (+2.8%), from €767,431 to €789,144
of which Distributable reserves: +€54,713
- Gross operating margin -€445,185
down €445,185 (-89.1%), from €499,498 to €54,312
- Taxes -€105,063
down €105,063 (-93.0%), from €112,986 to €7,923
- Staff costs -€39,325
down €39,325 (-100%), from €39,325 to €0
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 | €1,461,928 | €1,192,281 | -€269,647 | -18.4% |
| Fixed assets | 21/28 | €192,944 | €189,686 | -€3,258 | -1.7% |
| Tangible fixed assets | 22/27 | €192,944 | €189,686 | -€3,258 | -1.7% |
| Land and buildings | 22 | €185,504 | €184,887 | -€617 | -0.3% |
| Plant, machinery and equipment | 23 | €7,440 | €4,799 | -€2,641 | -35.5% |
| Current assets | 29/58 | €1,268,984 | €1,002,595 | -€266,389 | -21.0% |
| Stocks and contracts in progress | 3 | €315,631 | €59,672 | -€255,959 | -81.1% |
| Stocks | 30/36 | €315,631 | €59,672 | -€255,959 | -81.1% |
| Amounts receivable within one year | 40/41 | €433,186 | €437,535 | +€4,349 | +1.0% |
| Trade receivables | 40 | €257,307 | €437,380 | +€180,073 | +70.0% |
| Other amounts receivable | 41 | €175,879 | €154 | -€175,724 | -99.9% |
| Current investments | 50/53 | - | €452,003 | +€452,003 | |
| Cash at bank and in hand | 54/58 | €520,168 | €53,385 | -€466,782 | -89.7% |
| Total equity and liabilities | 10/49 | €1,461,928 | €1,192,281 | -€269,647 | -18.4% |
| Equity | 10/15 | €1,282,799 | €863,513 | -€419,287 | -32.7% |
| Contributions | 10/11 | €515,368 | €74,368 | -€441,000 | -85.6% |
| Reserves | 13 | €767,431 | €789,144 | +€21,713 | +2.8% |
| Non-distributable reserves | 130/1 | €33,000 | €0 | -€33,000 | -100% |
| Reserves not available under the articles | 1311 | €33,000 | €0 | -€33,000 | -100% |
| Distributable reserves | 133 | €734,431 | €789,144 | +€54,713 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €179,129 | €328,768 | +€149,640 | +83.5% |
| Amounts payable within one year | 42/48 | €170,229 | €328,768 | +€158,540 | +93.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,565 | €688 | -€4,877 | -87.6% |
| Suppliers | 440/4 | €5,565 | €688 | -€4,877 | -87.6% |
| Taxes, remuneration and social security | 45 | €164,664 | €120,909 | -€43,754 | -26.6% |
| Taxes | 450/3 | €164,664 | €120,909 | -€43,754 | -26.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €207,171 | +€207,171 | |
| Accrued charges and deferred income | 492/3 | €8,900 | €0 | -€8,900 | -100% |
| Non-recurring operating income | 76A | €500,000 | €0 | -€500,000 | -100% |
| Remuneration, social security and pensions | 62 | €39,325 | €0 | -€39,325 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,258 | €3,258 | = | 0.0% |
| Other operating charges | 640/8 | €18,882 | €21,603 | +€2,720 | +14.4% |
| Gross operating margin | 9900 | €499,498 | €54,312 | -€445,185 | -89.1% |
| Operating profit (loss) | 9901 | €438,033 | €29,452 | -€408,581 | -93.3% |
| Financial income | 75/76B | €2,697 | €3,134 | +€437 | +16.2% |
| Recurring financial income | 75 | €2,697 | €3,134 | +€437 | +16.2% |
| Financial charges | 65/66B | €6,210 | €2,949 | -€3,261 | -52.5% |
| Recurring financial charges | 65 | €6,210 | €2,949 | -€3,261 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €434,520 | €29,637 | -€404,883 | -93.2% |
| Income taxes | 67/77 | €112,986 | €7,923 | -€105,063 | -93.0% |
| Profit (loss) for the period | 9904 | €321,534 | €21,713 | -€299,820 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €321,534 | €21,713 | -€299,820 | -93.2% |
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 20 October 2026 via checked.be.