MUSSEN IT CONSULTANTS: what changed
MUSSEN IT CONSULTANTS
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€17,887
down €17,887 (-15.3%), from €116,768 to €98,880
mainly Current investments (-€60,000) and Trade debts (-€2,625)
- Receivables within one year -€7,136
down €7,136 (-31.5%), from €22,683 to €15,548
- Reserves +€33,736
up €33,736 (+34.4%), from €97,992 to €131,728
- Tax, wage and social debts +€5,416
up €5,416 (+36.9%), from €14,664 to €20,080
- Trade debts -€2,625
down €2,625 (-59.6%), from €4,406 to €1,782
- Gross operating margin -€3,123
down €3,123 (-6.0%), from €52,487 to €49,363
- Taxes -€755
down €755 (-4.4%), from €17,138 to €16,383
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 | €140,403 | €175,509 | +€35,105 | +25.0% |
| Current assets | 29/58 | €140,403 | €175,509 | +€35,105 | +25.0% |
| Amounts receivable within one year | 40/41 | €22,683 | €15,548 | -€7,136 | -31.5% |
| Trade receivables | 40 | €22,683 | €15,548 | -€7,136 | -31.5% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €116,768 | €98,880 | -€17,887 | -15.3% |
| Deferred charges and accrued income | 490/1 | €952 | €1,081 | +€128 | +13.5% |
| Total equity and liabilities | 10/49 | €140,403 | €175,509 | +€35,105 | +25.0% |
| Equity | 10/15 | €116,584 | €150,320 | +€33,736 | +28.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €97,992 | €131,728 | +€33,736 | +34.4% |
| Distributable reserves | 133 | €97,992 | €131,728 | +€33,736 | +34.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,819 | €25,189 | +€1,369 | +5.7% |
| Amounts payable within one year | 42/48 | €23,752 | €25,177 | +€1,425 | +6.0% |
| Trade debts | 44 | €4,406 | €1,782 | -€2,625 | -59.6% |
| Suppliers | 440/4 | €4,406 | €1,782 | -€2,625 | -59.6% |
| Taxes, remuneration and social security | 45 | €14,664 | €20,080 | +€5,416 | +36.9% |
| Taxes | 450/3 | €14,664 | €20,080 | +€5,416 | +36.9% |
| Other amounts payable | 47/48 | €4,682 | €3,316 | -€1,366 | -29.2% |
| Accrued charges and deferred income | 492/3 | €67 | €12 | -€56 | -82.9% |
| Other operating charges | 640/8 | €451 | €565 | +€114 | +25.3% |
| Gross operating margin | 9900 | €52,487 | €49,363 | -€3,123 | -6.0% |
| Operating profit (loss) | 9901 | €52,035 | €48,798 | -€3,238 | -6.2% |
| Financial income | 75/76B | €1,717 | €1,903 | +€187 | +10.9% |
| Recurring financial income | 75 | €1,717 | €1,903 | +€187 | +10.9% |
| Financial charges | 65/66B | €571 | €582 | +€11 | +2.0% |
| Recurring financial charges | 65 | €571 | €582 | +€11 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €53,181 | €50,119 | -€3,062 | -5.8% |
| Income taxes | 67/77 | €17,138 | €16,383 | -€755 | -4.4% |
| Profit (loss) for the period | 9904 | €36,043 | €33,736 | -€2,307 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,043 | €33,736 | -€2,307 | -6.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.