Mustry Solutions: 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.
Mustry Solutions
Largest movements
- Cash +€30,160
up €30,160 (+67.4%), from €44,776 to €74,935
mainly Net result for the year (+€21,702) and Tax, wage and social debts (+€9,172)
- Tangible fixed assets +€7,080
up €7,080 (+146%), from €4,861 to €11,941
of which Land and buildings: +€4,077
- Receivables within one year -€4,812
down €4,812 (-11.3%), from €42,718 to €37,907
of which Trade receivables: -€5,511
- Intangible fixed assets -€2,100
down €2,100 (-69.9%), from €3,003 to €903
- Deferred charges and accrued income +€1,569
up €1,569 (+235%), from €669 to €2,238
- Reserves +€19,984
up €19,984 (+28.0%), from €71,376 to €91,359
- Tax, wage and social debts +€9,172
up €9,172 (+75.0%), from €12,234 to €21,406
of which Remuneration and social security: +€5,054
- Trade debts +€3,479
up €3,479 (+33.4%), from €10,431 to €13,911
- Staff costs +€26,652
new in 2025: €26,652
- Gross operating margin +€7,269
up €7,269 (+12.4%), from €58,609 to €65,878
- Taxes -€2,789
down €2,789 (-23.0%), from €12,105 to €9,316
- Financial charges +€1,643
up €1,643 (+91.6%), from €1,793 to €3,436
- Depreciation +€1,123
up €1,123 (+41.1%), from €2,734 to €3,857
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 | €96,027 | €127,924 | +€31,897 | +33.2% |
| Fixed assets | 21/28 | €7,864 | €12,844 | +€4,980 | +63.3% |
| Intangible fixed assets | 21 | €3,003 | €903 | -€2,100 | -69.9% |
| Tangible fixed assets | 22/27 | €4,861 | €11,941 | +€7,080 | +146% |
| Land and buildings | 22 | €2,674 | €6,752 | +€4,077 | +152% |
| Furniture and vehicles | 24 | €2,186 | €5,189 | +€3,003 | +137% |
| Current assets | 29/58 | €88,163 | €115,080 | +€26,917 | +30.5% |
| Amounts receivable within one year | 40/41 | €42,718 | €37,907 | -€4,812 | -11.3% |
| Trade receivables | 40 | €42,618 | €37,108 | -€5,511 | -12.9% |
| Other amounts receivable | 41 | €100 | €799 | +€699 | +700% |
| Cash at bank and in hand | 54/58 | €44,776 | €74,935 | +€30,160 | +67.4% |
| Deferred charges and accrued income | 490/1 | €669 | €2,238 | +€1,569 | +235% |
| Total equity and liabilities | 10/49 | €96,027 | €127,924 | +€31,897 | +33.2% |
| Equity | 10/15 | €71,876 | €91,859 | +€19,984 | +27.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €71,376 | €91,359 | +€19,984 | +28.0% |
| Distributable reserves | 133 | €71,376 | €91,359 | +€19,984 | +28.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,151 | €36,065 | +€11,913 | +49.3% |
| Amounts payable within one year | 42/48 | €24,079 | €35,852 | +€11,773 | +48.9% |
| Trade debts | 44 | €10,431 | €13,911 | +€3,479 | +33.4% |
| Suppliers | 440/4 | €10,431 | €13,911 | +€3,479 | +33.4% |
| Taxes, remuneration and social security | 45 | €12,234 | €21,406 | +€9,172 | +75.0% |
| Taxes | 450/3 | €10,314 | €14,432 | +€4,118 | +39.9% |
| Remuneration and social security | 454/9 | €1,920 | €6,974 | +€5,054 | +263% |
| Other amounts payable | 47/48 | €1,413 | €535 | -€878 | -62.1% |
| Accrued charges and deferred income | 492/3 | €73 | €213 | +€140 | +194% |
| Remuneration, social security and pensions | 62 | - | €26,652 | +€26,652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,734 | €3,857 | +€1,123 | +41.1% |
| Other operating charges | 640/8 | €115 | €922 | +€807 | +702% |
| Non-recurring operating charges | 66A | - | €82 | +€82 | |
| Gross operating margin | 9900 | €58,609 | €65,878 | +€7,269 | +12.4% |
| Operating profit (loss) | 9901 | €55,760 | €34,365 | -€21,395 | -38.4% |
| Financial income | 75/76B | €263 | €89 | -€175 | -66.4% |
| Recurring financial income | 75 | €263 | €89 | -€175 | -66.4% |
| Financial charges | 65/66B | €1,793 | €3,436 | +€1,643 | +91.6% |
| Recurring financial charges | 65 | €1,793 | €3,436 | +€1,643 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €54,231 | €31,017 | -€23,213 | -42.8% |
| Income taxes | 67/77 | €12,105 | €9,316 | -€2,789 | -23.0% |
| Profit (loss) for the period | 9904 | €42,126 | €21,702 | -€20,424 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,126 | €21,702 | -€20,424 | -48.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.