MULLINIRIS SERVICES: 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.
MULLINIRIS SERVICES
Largest movements
- Cash +€33,251
up €33,251 (+106.0%), from €31,380 to €64,631
mainly Net result for the year (+€45,393) and Current portion of long-term debt (+€2,915)
- Receivables within one year +€7,762
up €7,762 (+37.1%), from €20,948 to €28,709
of which Trade receivables: +€5,456
- Tangible fixed assets +€1,989
up €1,989 (+30.8%), from €6,449 to €8,438
of which Furniture and vehicles: +€2,316
- Profit (loss) carried forward +€45,757
up €45,757 (+98.9%), from €46,250 to €92,007
- Tax, wage and social debts -€5,311
no longer reported in 2025 (was €5,311)
of which Taxes: -€2,811
- Current portion of long-term debt +€2,915
up €2,915 (+49.5%), from €5,890 to €8,805
- Other debts -€1,322
no longer reported in 2025 (was €1,322)
- Depreciation +€1,529
up €1,529 (+199.9%), from €765 to €2,295
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.
Cash bridge derived
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 | €60,684 | €103,301 | +€42,617 | +70.2% |
| Fixed assets | 21/28 | €6,449 | €8,438 | +€1,989 | +30.8% |
| Tangible fixed assets | 22/27 | €6,449 | €8,438 | +€1,989 | +30.8% |
| Land and buildings | 22 | €2,999 | €2,672 | -€327 | -10.9% |
| Furniture and vehicles | 24 | €3,450 | €5,766 | +€2,316 | +67.1% |
| Current assets | 29/58 | €54,235 | €94,863 | +€40,627 | +74.9% |
| Amounts receivable within one year | 40/41 | €20,948 | €28,709 | +€7,762 | +37.1% |
| Trade receivables | 40 | €20,301 | €25,757 | +€5,456 | +26.9% |
| Other amounts receivable | 41 | €647 | €2,953 | +€2,306 | +356.7% |
| Cash at bank and in hand | 54/58 | €31,380 | €64,631 | +€33,251 | +106.0% |
| Deferred charges and accrued income | 490/1 | €1,907 | €1,522 | -€385 | -20.2% |
| Total equity and liabilities | 10/49 | €60,684 | €103,301 | +€42,617 | +70.2% |
| Equity | 10/15 | €47,250 | €93,007 | +€45,757 | +96.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,250 | €92,007 | +€45,757 | +98.9% |
| Amounts payable | 17/49 | €13,434 | €10,294 | -€3,140 | -23.4% |
| Amounts payable within one year | 42/48 | €13,434 | €10,294 | -€3,140 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €5,890 | €8,805 | +€2,915 | +49.5% |
| Trade debts | 44 | €911 | €1,488 | +€578 | +63.4% |
| Suppliers | 440/4 | €911 | €1,488 | +€578 | +63.4% |
| Taxes, remuneration and social security | 45 | €5,311 | - | -€5,311 | |
| Taxes | 450/3 | €2,811 | - | -€2,811 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €1,322 | - | -€1,322 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €2,295 | +€1,529 | +199.9% |
| Other operating charges | 640/8 | €134 | €272 | +€139 | +103.6% |
| Gross operating margin | 9900 | €61,265 | €61,847 | +€582 | +1.0% |
| Operating profit (loss) | 9901 | €60,366 | €59,280 | -€1,086 | -1.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,305 | €1,135 | -€169 | -13.0% |
| Recurring financial charges | 65 | €1,305 | €1,135 | -€169 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €59,061 | €58,146 | -€915 | -1.5% |
| Income taxes | 67/77 | €12,811 | €12,753 | -€58 | -0.5% |
| Profit (loss) for the period | 9904 | €46,250 | €45,393 | -€857 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,250 | €45,393 | -€857 | -1.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.