MUREKICRI: 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.
MUREKICRI
Largest movements
- Deferred charges and accrued income +€16,230
up €16,230 (+8,190%), from €198 to €16,429
- Tangible fixed assets -€8,590
down €8,590 (-3.3%), from €258,506 to €249,916
of which Land and buildings: -€8,175
- Cash -€6,362
down €6,362 (-16.9%), from €37,700 to €31,337
mainly Trade debts (-€18,016) and Deferred charges and accrued income (-€16,230)
- Reserves +€27,767
new in 2025: €27,767
- Trade debts -€18,016
down €18,016 (-89.7%), from €20,086 to €2,071
- Tax, wage and social debts +€12,924
up €12,924 (+70.9%), from €18,222 to €31,146
- Other debts -€12,351
down €12,351 (-20.2%), from €61,084 to €48,733
- Debts after one year -€10,005
down €10,005 (-5.9%), from €169,659 to €159,654
- Gross operating margin +€23,643
up €23,643 (+72.0%), from €32,857 to €56,501
- Taxes +€7,165
up €7,165 (+221%), from €3,248 to €10,413
- Depreciation +€1,559
up €1,559 (+22.2%), from €7,030 to €8,590
- Financial charges +€1,174
up €1,174 (+18.4%), from €6,389 to €7,563
- Other operating charges +€705
up €705 (+48.2%), from €1,463 to €2,168
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 | €296,975 | €297,682 | +€707 | +0.2% |
| Fixed assets | 21/28 | €258,506 | €249,916 | -€8,590 | -3.3% |
| Tangible fixed assets | 22/27 | €258,506 | €249,916 | -€8,590 | -3.3% |
| Land and buildings | 22 | €257,356 | €249,182 | -€8,175 | -3.2% |
| Furniture and vehicles | 24 | €1,150 | €735 | -€415 | -36.1% |
| Current assets | 29/58 | €38,469 | €47,766 | +€9,297 | +24.2% |
| Amounts receivable within one year | 40/41 | €571 | €0 | -€571 | -100% |
| Trade receivables | 40 | €86 | €0 | -€86 | -100% |
| Other amounts receivable | 41 | €484 | €0 | -€484 | -100% |
| Cash at bank and in hand | 54/58 | €37,700 | €31,337 | -€6,362 | -16.9% |
| Deferred charges and accrued income | 490/1 | €198 | €16,429 | +€16,230 | +8,190% |
| Total equity and liabilities | 10/49 | €296,975 | €297,682 | +€707 | +0.2% |
| Equity | 10/15 | €16,906 | €44,673 | +€27,767 | +164% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €27,767 | +€27,767 | |
| Distributable reserves | 133 | - | €27,767 | +€27,767 | |
| Profit (loss) carried forward | 14 | €12,906 | €12,906 | = | 0.0% |
| Amounts payable | 17/49 | €280,068 | €253,009 | -€27,060 | -9.7% |
| Amounts payable after more than one year | 17 | €169,659 | €159,654 | -€10,005 | -5.9% |
| Financial debts | 170/4 | €169,659 | €159,654 | -€10,005 | -5.9% |
| Amounts payable within one year | 42/48 | €109,792 | €92,770 | -€17,022 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €10,399 | €10,821 | +€422 | +4.1% |
| Trade debts | 44 | €20,086 | €2,071 | -€18,016 | -89.7% |
| Suppliers | 440/4 | €20,086 | €2,071 | -€18,016 | -89.7% |
| Taxes, remuneration and social security | 45 | €18,222 | €31,146 | +€12,924 | +70.9% |
| Taxes | 450/3 | €18,222 | €31,146 | +€12,924 | +70.9% |
| Other amounts payable | 47/48 | €61,084 | €48,733 | -€12,351 | -20.2% |
| Accrued charges and deferred income | 492/3 | €617 | €584 | -€33 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,030 | €8,590 | +€1,559 | +22.2% |
| Other operating charges | 640/8 | €1,463 | €2,168 | +€705 | +48.2% |
| Non-recurring operating charges | 66A | €1,823 | €0 | -€1,823 | -100% |
| Gross operating margin | 9900 | €32,857 | €56,501 | +€23,643 | +72.0% |
| Operating profit (loss) | 9901 | €22,541 | €45,743 | +€23,202 | +103% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €6,389 | €7,563 | +€1,174 | +18.4% |
| Recurring financial charges | 65 | €6,389 | €7,563 | +€1,174 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €16,154 | €38,180 | +€22,025 | +136% |
| Income taxes | 67/77 | €3,248 | €10,413 | +€7,165 | +221% |
| Profit (loss) for the period | 9904 | €12,906 | €27,767 | +€14,861 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €12,906 | €27,767 | +€14,861 | +115% |
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.