MUSSEL MONGERS: what changed
MUSSEL MONGERS
Largest movements
- Receivables within one year +€70,965
up €70,965 (+484%), from €14,676 to €85,642
of which Trade receivables: +€60,648
- Deferred charges and accrued income -€47,123
down €47,123 (-94.8%), from €49,729 to €2,605
- Cash +€11,988
up €11,988 (+50.6%), from €23,674 to €35,662
mainly Trade debts (+€98,218) and Tax, wage and social debts (+€59,562)
- Stocks and contracts -€2,522
down €2,522 (-3.6%), from €70,999 to €68,477
- Profit (loss) carried forward -€176,071
down €176,071 (-708%), from -€24,858 to -€200,930
- Trade debts +€98,218
up €98,218 (+215%), from €45,631 to €143,849
- Tax, wage and social debts +€59,562
up €59,562 (+220%), from €27,081 to €86,643
of which Remuneration and social security: +€39,677
- Other debts +€53,689
up €53,689 (+73.3%), from €73,286 to €126,975
- Debts after one year -€14,399
no longer reported in 2025 (was €14,399)
- Gross operating margin -€120,807
down €120,807 (-84.1%), from €143,570 to €22,763
- Staff costs +€45,007
up €45,007 (+29.8%), from €150,924 to €195,931
- Financial charges -€6,852
down €6,852, from €5,973 to -€879
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,295 | €194,788 | +€31,493 | +19.3% |
| Fixed assets | 21/28 | €4,217 | €2,402 | -€1,815 | -43.0% |
| Tangible fixed assets | 22/27 | €4,217 | €2,402 | -€1,815 | -43.0% |
| Plant, machinery and equipment | 23 | €4,217 | €2,402 | -€1,815 | -43.0% |
| Current assets | 29/58 | €159,078 | €192,386 | +€33,308 | +20.9% |
| Stocks and contracts in progress | 3 | €70,999 | €68,477 | -€2,522 | -3.6% |
| Stocks | 30/36 | €70,999 | €68,477 | -€2,522 | -3.6% |
| Amounts receivable within one year | 40/41 | €14,676 | €85,642 | +€70,965 | +484% |
| Trade receivables | 40 | €314 | €60,962 | +€60,648 | +19,321% |
| Other amounts receivable | 41 | €14,363 | €24,680 | +€10,317 | +71.8% |
| Cash at bank and in hand | 54/58 | €23,674 | €35,662 | +€11,988 | +50.6% |
| Deferred charges and accrued income | 490/1 | €49,729 | €2,605 | -€47,123 | -94.8% |
| Total equity and liabilities | 10/49 | €163,295 | €194,788 | +€31,493 | +19.3% |
| Equity | 10/15 | -€8,398 | -€184,470 | -€176,071 | -2,096% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,858 | -€200,930 | -€176,071 | -708% |
| Amounts payable | 17/49 | €171,693 | €379,258 | +€207,564 | +121% |
| Amounts payable after more than one year | 17 | €14,399 | - | -€14,399 | |
| Financial debts | 170/4 | €14,399 | - | -€14,399 | |
| Amounts payable within one year | 42/48 | €157,294 | €379,258 | +€221,963 | +141% |
| Current portion of amounts payable after more than one year | 42 | €11,297 | €15,370 | +€4,074 | +36.1% |
| Trade debts | 44 | €45,631 | €143,849 | +€98,218 | +215% |
| Suppliers | 440/4 | €45,631 | €143,849 | +€98,218 | +215% |
| Advances received on contracts in progress | 46 | - | €6,420 | +€6,420 | |
| Taxes, remuneration and social security | 45 | €27,081 | €86,643 | +€59,562 | +220% |
| Taxes | 450/3 | €17,658 | €37,543 | +€19,885 | +113% |
| Remuneration and social security | 454/9 | €9,423 | €49,100 | +€39,677 | +421% |
| Other amounts payable | 47/48 | €73,286 | €126,975 | +€53,689 | +73.3% |
| Remuneration, social security and pensions | 62 | €150,924 | €195,931 | +€45,007 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,255 | €1,815 | -€440 | -19.5% |
| Other operating charges | 640/8 | €2,156 | €3,058 | +€902 | +41.8% |
| Gross operating margin | 9900 | €143,570 | €22,763 | -€120,807 | -84.1% |
| Operating profit (loss) | 9901 | -€11,766 | -€178,042 | -€166,276 | -1,413% |
| Financial income | 75/76B | €740 | €1,092 | +€352 | +47.6% |
| Recurring financial income | 75 | €740 | €1,092 | +€352 | +47.6% |
| Financial charges | 65/66B | €5,973 | -€879 | -€6,852 | |
| Recurring financial charges | 65 | €5,973 | -€879 | -€6,852 | |
| Profit (loss) for the period before taxes | 9903 | -€16,999 | -€176,071 | -€159,072 | -936% |
| Profit (loss) for the period | 9904 | -€16,999 | -€176,071 | -€159,072 | -936% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,999 | -€176,071 | -€159,072 | -936% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.