MUNERA: 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.
MUNERA
Largest movements
- Receivables within one year -€2,065
down €2,065 (-76.2%), from €2,712 to €647
- Cash +€524
up €524 (+62.9%), from €833 to €1,357
mainly Receivables within one year (+€2,065) and Trade debts (+€942)
- Profit (loss) carried forward -€2,563
down €2,563 (-10.6%), from -€24,160 to -€26,723
- Trade debts +€942
up €942 (+236%), from €399 to €1,341
- Tax, wage and social debts +€79
new in 2025: €79
- Gross operating margin -€208
down €208 (-11.6%), from -€1,797 to -€2,005
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 | €3,545 | €2,004 | -€1,541 | -43.5% |
| Current assets | 29/58 | €3,545 | €2,004 | -€1,541 | -43.5% |
| Amounts receivable within one year | 40/41 | €2,712 | €647 | -€2,065 | -76.2% |
| Other amounts receivable | 41 | €2,712 | €647 | -€2,065 | -76.2% |
| Cash at bank and in hand | 54/58 | €833 | €1,357 | +€524 | +62.9% |
| Total equity and liabilities | 10/49 | €3,545 | €2,004 | -€1,541 | -43.5% |
| Equity | 10/15 | €2,284 | -€279 | -€2,563 | |
| Contributions | 10/11 | €26,444 | €26,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,160 | -€26,723 | -€2,563 | -10.6% |
| Amounts payable | 17/49 | €1,260 | €2,282 | +€1,022 | +81.1% |
| Amounts payable within one year | 42/48 | €873 | €1,895 | +€1,022 | +117% |
| Trade debts | 44 | €399 | €1,341 | +€942 | +236% |
| Suppliers | 440/4 | €399 | €1,341 | +€942 | +236% |
| Taxes, remuneration and social security | 45 | - | €79 | +€79 | |
| Taxes | 450/3 | - | €79 | +€79 | |
| Other amounts payable | 47/48 | €474 | €474 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €387 | €387 | = | 0.0% |
| Other operating charges | 640/8 | €543 | €528 | -€16 | -2.9% |
| Gross operating margin | 9900 | -€1,797 | -€2,005 | -€208 | -11.6% |
| Operating profit (loss) | 9901 | -€2,341 | -€2,533 | -€192 | -8.2% |
| Financial charges | 65/66B | €37 | €30 | -€7 | -18.8% |
| Recurring financial charges | 65 | €37 | €30 | -€7 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,378 | -€2,563 | -€185 | -7.8% |
| Profit (loss) for the period | 9904 | -€2,378 | -€2,563 | -€185 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,378 | -€2,563 | -€185 | -7.8% |
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 13 October 2026 via checked.be.