MUSTIAL CONSULT: 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.
MUSTIAL CONSULT
Largest movements
- Cash +€7,727
up €7,727 (+360%), from €2,144 to €9,870
mainly Net result for the year (+€11,522) and Tax, wage and social debts (+€3,625)
- Receivables within one year +€5,544
up €5,544 (+72.1%), from €7,684 to €13,228
of which Other amounts receivable: +€5,462
- Deferred charges and accrued income +€1,166
new in 2025: €1,166
- Profit (loss) carried forward +€11,522
up €11,522 (+228%), from €5,063 to €16,585
- Tax, wage and social debts +€3,625
up €3,625 (+112%), from €3,227 to €6,852
- Other debts -€833
no longer reported in 2025 (was €833)
- Gross operating margin +€8,943
up €8,943 (+107%), from €8,346 to €17,289
- Taxes +€1,923
up €1,923 (+113%), from €1,707 to €3,630
- Financial charges +€1,688
up €1,688 (+227%), from €743 to €2,431
- Financial income +€295
new in 2025: €295
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 | €12,573 | €27,009 | +€14,436 | +115% |
| Fixed assets | 21/28 | €2,746 | €2,746 | = | 0.0% |
| Financial fixed assets | 28 | €2,746 | €2,746 | = | 0.0% |
| Current assets | 29/58 | €9,827 | €24,263 | +€14,436 | +147% |
| Amounts receivable within one year | 40/41 | €7,684 | €13,228 | +€5,544 | +72.1% |
| Trade receivables | 40 | €7,684 | €7,765 | +€82 | +1.1% |
| Other amounts receivable | 41 | - | €5,462 | +€5,462 | |
| Cash at bank and in hand | 54/58 | €2,144 | €9,870 | +€7,727 | +360% |
| Deferred charges and accrued income | 490/1 | - | €1,166 | +€1,166 | |
| Total equity and liabilities | 10/49 | €12,573 | €27,009 | +€14,436 | +115% |
| Equity | 10/15 | €8,063 | €19,585 | +€11,522 | +143% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,063 | €16,585 | +€11,522 | +228% |
| Amounts payable | 17/49 | €4,510 | €7,424 | +€2,914 | +64.6% |
| Amounts payable within one year | 42/48 | €4,510 | €7,424 | +€2,914 | +64.6% |
| Trade debts | 44 | €450 | €572 | +€122 | +27.2% |
| Suppliers | 440/4 | €450 | €572 | +€122 | +27.2% |
| Taxes, remuneration and social security | 45 | €3,227 | €6,852 | +€3,625 | +112% |
| Taxes | 450/3 | €3,227 | €6,852 | +€3,625 | +112% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Gross operating margin | 9900 | €8,346 | €17,289 | +€8,943 | +107% |
| Operating profit (loss) | 9901 | €8,346 | €17,289 | +€8,943 | +107% |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €743 | €2,431 | +€1,688 | +227% |
| Recurring financial charges | 65 | €743 | €2,431 | +€1,688 | +227% |
| Profit (loss) for the period before taxes | 9903 | €7,603 | €15,152 | +€7,549 | +99.3% |
| Income taxes | 67/77 | €1,707 | €3,630 | +€1,923 | +113% |
| Profit (loss) for the period | 9904 | €5,896 | €11,522 | +€5,626 | +95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,896 | €11,522 | +€5,626 | +95.4% |
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 15 October 2026 via checked.be.