MULUMA: 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.
MULUMA
Largest movements
- Receivables within one year +€175,000
up €175,000 (+218%), from €80,428 to €255,428
- Cash -€115,907
down €115,907 (-73.5%), from €157,618 to €41,710
mainly Receivables within one year (-€175,000) and Accrued charges and deferred income (-€80,127)
- Profit (loss) carried forward +€151,811
up €151,811 (+487%), from €31,193 to €183,004
- Accrued charges and deferred income -€80,127
down €80,127 (-91.1%), from €87,991 to €7,864
- Taxes -€13,214
down €13,214 (-75.8%), from €17,432 to €4,217
- Financial income +€1,300
up €1,300 (+0.9%), from €139,000 to €140,300
of which Financial income: +€1,000
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 | €1,815,482 | €1,874,574 | +€59,093 | +3.3% |
| Fixed assets | 21/28 | €1,577,435 | €1,577,435 | = | 0.0% |
| Financial fixed assets | 28 | €1,577,435 | €1,577,435 | = | 0.0% |
| Current assets | 29/58 | €238,046 | €297,139 | +€59,093 | +24.8% |
| Amounts receivable within one year | 40/41 | €80,428 | €255,428 | +€175,000 | +218% |
| Other amounts receivable | 41 | €80,428 | €255,428 | +€175,000 | +218% |
| Cash at bank and in hand | 54/58 | €157,618 | €41,710 | -€115,907 | -73.5% |
| Total equity and liabilities | 10/49 | €1,815,482 | €1,874,574 | +€59,093 | +3.3% |
| Equity | 10/15 | €184,743 | €336,554 | +€151,811 | +82.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €135,000 | €135,000 | = | 0.0% |
| Distributable reserves | 133 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,193 | €183,004 | +€151,811 | +487% |
| Amounts payable | 17/49 | €1,630,738 | €1,538,020 | -€92,718 | -5.7% |
| Amounts payable after more than one year | 17 | €1,469,500 | €1,469,500 | = | 0.0% |
| Financial debts | 170/4 | €1,469,500 | €1,469,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,247 | €60,656 | -€12,591 | -17.2% |
| Taxes, remuneration and social security | 45 | €17,241 | €17,649 | +€408 | +2.4% |
| Taxes | 450/3 | €17,241 | €17,649 | +€408 | +2.4% |
| Other amounts payable | 47/48 | €56,006 | €43,007 | -€12,999 | -23.2% |
| Accrued charges and deferred income | 492/3 | €87,991 | €7,864 | -€80,127 | -91.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €23,848 | €23,787 | -€61 | -0.3% |
| Operating profit (loss) | 9901 | €23,730 | €23,667 | -€63 | -0.3% |
| Financial income | 75/76B | €139,000 | €140,300 | +€1,300 | +0.9% |
| Recurring financial income | 75 | €139,000 | €140,000 | +€1,000 | +0.7% |
| Non-recurring financial income | 76B | - | €300 | +€300 | |
| Financial charges | 65/66B | €8,128 | €7,939 | -€188 | -2.3% |
| Recurring financial charges | 65 | €8,128 | €7,939 | -€188 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €154,602 | €156,028 | +€1,426 | +0.9% |
| Income taxes | 67/77 | €17,432 | €4,217 | -€13,214 | -75.8% |
| Profit (loss) for the period | 9904 | €137,170 | €151,811 | +€14,640 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €137,170 | €151,811 | +€14,640 | +10.7% |
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 22 October 2026 via checked.be.