MUOTTAS MURAGL: 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.
MUOTTAS MURAGL
Largest movements
- Deferred charges and accrued income -€11,953
down €11,953 (-21.9%), from €54,698 to €42,745
- Current investments +€6,000
up €6,000 (+46.2%), from €13,000 to €19,000
- Tangible fixed assets +€5,063
up €5,063 (+285%), from €1,777 to €6,839
- Cash +€2,867
up €2,867 (+8.1%), from €35,278 to €38,145
mainly Net result for the year (+€55,115) and Deferred charges and accrued income (+€11,953)
- Other debts -€21,201
down €21,201 (-37.1%), from €57,112 to €35,911
- Reserves +€20,115
up €20,115 (+123%), from €16,295 to €36,410
- Trade debts +€9,272
up €9,272 (+619%), from €1,497 to €10,769
- Tax, wage and social debts -€6,208
down €6,208 (-25.0%), from €24,850 to €18,642
of which Taxes: -€6,111
- Gross operating margin -€5,694
down €5,694 (-7.0%), from €80,989 to €75,295
- Financial income -€1,214
down €1,214 (-52.3%), from €2,320 to €1,106
- Depreciation -€923
down €923 (-41.4%), from €2,230 to €1,307
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 | €104,754 | €106,731 | +€1,977 | +1.9% |
| Fixed assets | 21/28 | €1,777 | €6,839 | +€5,063 | +285% |
| Tangible fixed assets | 22/27 | €1,777 | €6,839 | +€5,063 | +285% |
| Furniture and vehicles | 24 | €1,777 | €6,839 | +€5,063 | +285% |
| Current assets | 29/58 | €102,978 | €99,892 | -€3,086 | -3.0% |
| Amounts receivable within one year | 40/41 | €2 | €2 | = | 0.0% |
| Trade receivables | 40 | €2 | €2 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €13,000 | €19,000 | +€6,000 | +46.2% |
| Cash at bank and in hand | 54/58 | €35,278 | €38,145 | +€2,867 | +8.1% |
| Deferred charges and accrued income | 490/1 | €54,698 | €42,745 | -€11,953 | -21.9% |
| Total equity and liabilities | 10/49 | €104,754 | €106,731 | +€1,977 | +1.9% |
| Equity | 10/15 | €21,295 | €41,410 | +€20,115 | +94.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,295 | €36,410 | +€20,115 | +123% |
| Distributable reserves | 133 | €16,295 | €36,410 | +€20,115 | +123% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,460 | €65,322 | -€18,138 | -21.7% |
| Amounts payable within one year | 42/48 | €83,460 | €65,322 | -€18,138 | -21.7% |
| Trade debts | 44 | €1,497 | €10,769 | +€9,272 | +619% |
| Suppliers | 440/4 | €1,497 | €10,769 | +€9,272 | +619% |
| Taxes, remuneration and social security | 45 | €24,850 | €18,642 | -€6,208 | -25.0% |
| Taxes | 450/3 | €22,389 | €16,277 | -€6,111 | -27.3% |
| Remuneration and social security | 454/9 | €2,461 | €2,364 | -€97 | -3.9% |
| Other amounts payable | 47/48 | €57,112 | €35,911 | -€21,201 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,230 | €1,307 | -€923 | -41.4% |
| Other operating charges | 640/8 | €384 | €574 | +€190 | +49.4% |
| Gross operating margin | 9900 | €80,989 | €75,295 | -€5,694 | -7.0% |
| Operating profit (loss) | 9901 | €78,375 | €73,414 | -€4,960 | -6.3% |
| Financial income | 75/76B | €2,320 | €1,106 | -€1,214 | -52.3% |
| Recurring financial income | 75 | €2,320 | €1,106 | -€1,214 | -52.3% |
| Financial charges | 65/66B | €1,981 | €2,113 | +€132 | +6.7% |
| Recurring financial charges | 65 | €1,981 | €2,113 | +€132 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €78,714 | €72,407 | -€6,307 | -8.0% |
| Income taxes | 67/77 | €16,505 | €17,292 | +€787 | +4.8% |
| Profit (loss) for the period | 9904 | €62,209 | €55,115 | -€7,094 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,209 | €55,115 | -€7,094 | -11.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.