MuTiAcc 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.
MuTiAcc CONSULT
Largest movements
- Cash +€30,373
up €30,373 (+38.8%), from €78,281 to €108,654
mainly Net result for the year (+€17,111) and Depreciation (+€12,773)
- Tangible fixed assets -€11,193
down €11,193 (-47.5%), from €23,549 to €12,357
of which Furniture and vehicles: -€10,100
- Receivables within one year -€7,019
down €7,019 (-12.9%), from €54,259 to €47,240
of which Trade receivables: -€20,861
- Profit (loss) carried forward +€17,111
up €17,111 (+15.6%), from €109,566 to €126,678
- Trade debts -€12,014
down €12,014 (-48.6%), from €24,723 to €12,708
- Short-term financial debts +€9,000
new in 2025: €9,000
- Tax, wage and social debts -€4,032
down €4,032 (-19.6%), from €20,563 to €16,531
- Other debts +€1,843
up €1,843 (+74,627%), from €2 to €1,846
- Gross operating margin -€14,750
down €14,750 (-23.0%), from €64,040 to €49,290
- Depreciation -€3,611
down €3,611 (-22.0%), from €16,384 to €12,773
- Financial charges +€1,747
up €1,747 (+162%), from €1,078 to €2,825
- Taxes +€1,143
up €1,143 (+9.2%), from €12,467 to €13,609
- Financial income +€651
up €651 (+135%), from €483 to €1,134
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 | €158,854 | €170,763 | +€11,909 | +7.5% |
| Fixed assets | 21/28 | €25,275 | €13,603 | -€11,673 | -46.2% |
| Intangible fixed assets | 21 | €1,437 | €957 | -€480 | -33.4% |
| Tangible fixed assets | 22/27 | €23,549 | €12,357 | -€11,193 | -47.5% |
| Plant, machinery and equipment | 23 | €1,093 | - | -€1,093 | |
| Furniture and vehicles | 24 | €22,456 | €12,357 | -€10,100 | -45.0% |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €133,579 | €157,160 | +€23,581 | +17.7% |
| Amounts receivable within one year | 40/41 | €54,259 | €47,240 | -€7,019 | -12.9% |
| Trade receivables | 40 | €34,901 | €14,040 | -€20,861 | -59.8% |
| Other amounts receivable | 41 | €19,358 | €33,200 | +€13,842 | +71.5% |
| Cash at bank and in hand | 54/58 | €78,281 | €108,654 | +€30,373 | +38.8% |
| Deferred charges and accrued income | 490/1 | €1,039 | €1,267 | +€228 | +21.9% |
| Total equity and liabilities | 10/49 | €158,854 | €170,763 | +€11,909 | +7.5% |
| Equity | 10/15 | €113,566 | €130,678 | +€17,111 | +15.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | - | -€4,000 | |
| Other | 1109/19 | €4,000 | - | -€4,000 | |
| Profit (loss) carried forward | 14 | €109,566 | €126,678 | +€17,111 | +15.6% |
| Amounts payable | 17/49 | €45,288 | €40,085 | -€5,203 | -11.5% |
| Amounts payable within one year | 42/48 | €45,288 | €40,085 | -€5,203 | -11.5% |
| Financial debts | 43 | - | €9,000 | +€9,000 | |
| Credit institutions | 430/8 | - | €9,000 | +€9,000 | |
| Trade debts | 44 | €24,723 | €12,708 | -€12,014 | -48.6% |
| Suppliers | 440/4 | €24,723 | €12,708 | -€12,014 | -48.6% |
| Taxes, remuneration and social security | 45 | €20,563 | €16,531 | -€4,032 | -19.6% |
| Taxes | 450/3 | €20,563 | €16,531 | -€4,032 | -19.6% |
| Other amounts payable | 47/48 | €2 | €1,846 | +€1,843 | +74,627% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,384 | €12,773 | -€3,611 | -22.0% |
| Other operating charges | 640/8 | €3,690 | €4,106 | +€415 | +11.3% |
| Non-recurring operating charges | 66A | -€691 | - | +€691 | |
| Gross operating margin | 9900 | €64,040 | €49,290 | -€14,750 | -23.0% |
| Operating profit (loss) | 9901 | €44,657 | €32,412 | -€12,245 | -27.4% |
| Financial income | 75/76B | €483 | €1,134 | +€651 | +135% |
| Recurring financial income | 75 | €483 | €1,134 | +€651 | +135% |
| Financial charges | 65/66B | €1,078 | €2,825 | +€1,747 | +162% |
| Recurring financial charges | 65 | €1,078 | €2,825 | +€1,747 | +162% |
| Profit (loss) for the period before taxes | 9903 | €44,061 | €30,721 | -€13,341 | -30.3% |
| Income taxes | 67/77 | €12,467 | €13,609 | +€1,143 | +9.2% |
| Profit (loss) for the period | 9904 | €31,595 | €17,111 | -€14,483 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,595 | €17,111 | -€14,483 | -45.8% |
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 16 October 2026 via checked.be.