MULLER PRESTIGE: 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.
MULLER PRESTIGE
Largest movements
- Receivables within one year +€29,092
up €29,092 (+78.9%), from €36,876 to €65,969
of which Trade receivables: +€26,985
- Tangible fixed assets -€21,837
down €21,837 (-24.0%), from €91,068 to €69,230
of which Other tangible fixed assets: -€11,269
- Cash +€20,544
up €20,544 (+23.6%), from €87,220 to €107,763
mainly Net result for the year (+€39,762) and Depreciation (+€25,282)
- Deferred charges and accrued income -€19,483
down €19,483 (-55.1%), from €35,355 to €15,871
- Stocks and contracts -€7,549
down €7,549 (-34.1%), from €22,110 to €14,560
- Profit (loss) carried forward +€39,762
up €39,762 (+50.7%), from €78,384 to €118,146
- Debts after one year -€29,536
down €29,536 (-58.8%), from €50,227 to €20,691
- Other debts -€12,166
down €12,166 (-14.8%), from €82,430 to €70,264
- Trade debts +€5,173
up €5,173 (+85.1%), from €6,076 to €11,249
- Gross operating margin +€102,172
up €102,172 (+41.1%), from €248,602 to €350,774
- Staff costs +€73,974
up €73,974 (+37.4%), from €197,981 to €271,955
- Taxes +€6,464
up €6,464 (+139%), from €4,655 to €11,119
- Depreciation -€3,746
down €3,746 (-12.9%), from €29,028 to €25,282
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 | €328,128 | €328,894 | +€767 | +0.2% |
| Fixed assets | 21/28 | €146,568 | €124,730 | -€21,837 | -14.9% |
| Intangible fixed assets | 21 | €55,500 | €55,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €91,068 | €69,230 | -€21,837 | -24.0% |
| Plant, machinery and equipment | 23 | €13,690 | €8,034 | -€5,656 | -41.3% |
| Furniture and vehicles | 24 | €7,927 | €3,015 | -€4,912 | -62.0% |
| Other tangible fixed assets | 26 | €69,451 | €58,182 | -€11,269 | -16.2% |
| Current assets | 29/58 | €181,560 | €204,164 | +€22,604 | +12.4% |
| Stocks and contracts in progress | 3 | €22,110 | €14,560 | -€7,549 | -34.1% |
| Stocks | 30/36 | €22,110 | €14,560 | -€7,549 | -34.1% |
| Amounts receivable within one year | 40/41 | €36,876 | €65,969 | +€29,092 | +78.9% |
| Trade receivables | 40 | €29,540 | €56,525 | +€26,985 | +91.4% |
| Other amounts receivable | 41 | €7,337 | €9,444 | +€2,107 | +28.7% |
| Cash at bank and in hand | 54/58 | €87,220 | €107,763 | +€20,544 | +23.6% |
| Deferred charges and accrued income | 490/1 | €35,355 | €15,871 | -€19,483 | -55.1% |
| Total equity and liabilities | 10/49 | €328,128 | €328,894 | +€767 | +0.2% |
| Equity | 10/15 | €80,884 | €120,646 | +€39,762 | +49.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,384 | €118,146 | +€39,762 | +50.7% |
| Amounts payable | 17/49 | €247,244 | €208,249 | -€38,995 | -15.8% |
| Amounts payable after more than one year | 17 | €50,227 | €20,691 | -€29,536 | -58.8% |
| Financial debts | 170/4 | €50,227 | €20,691 | -€29,536 | -58.8% |
| Amounts payable within one year | 42/48 | €197,017 | €187,558 | -€9,460 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €18,212 | €17,523 | -€689 | -3.8% |
| Trade debts | 44 | €6,076 | €11,249 | +€5,173 | +85.1% |
| Suppliers | 440/4 | €6,076 | €11,249 | +€5,173 | +85.1% |
| Taxes, remuneration and social security | 45 | €90,299 | €88,522 | -€1,777 | -2.0% |
| Taxes | 450/3 | €59,338 | €48,305 | -€11,033 | -18.6% |
| Remuneration and social security | 454/9 | €30,961 | €40,217 | +€9,256 | +29.9% |
| Other amounts payable | 47/48 | €82,430 | €70,264 | -€12,166 | -14.8% |
| Remuneration, social security and pensions | 62 | €197,981 | €271,955 | +€73,974 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,028 | €25,282 | -€3,746 | -12.9% |
| Other operating charges | 640/8 | €3,658 | €1,036 | -€2,623 | -71.7% |
| Gross operating margin | 9900 | €248,602 | €350,774 | +€102,172 | +41.1% |
| Operating profit (loss) | 9901 | €17,935 | €52,501 | +€34,567 | +193% |
| Financial income | 75/76B | €56 | €66 | +€10 | +17.0% |
| Recurring financial income | 75 | €56 | €66 | +€10 | +17.0% |
| Financial charges | 65/66B | €936 | €1,686 | +€750 | +80.1% |
| Recurring financial charges | 65 | €936 | €1,686 | +€750 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €17,055 | €50,881 | +€33,826 | +198% |
| Income taxes | 67/77 | €4,655 | €11,119 | +€6,464 | +139% |
| Profit (loss) for the period | 9904 | €12,400 | €39,762 | +€27,362 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €12,400 | €39,762 | +€27,362 | +221% |
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 16 October 2026 via checked.be.