MUTSAARDPLEIN: 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.
MUTSAARDPLEIN
Largest movements
- Cash -€2,862
down €2,862 (-75.7%), from €3,783 to €921
mainly Stocks and contracts (-€2,302) and Receivables within one year (-€1,656)
- Stocks and contracts +€2,302
up €2,302 (+35.4%), from €6,503 to €8,805
- Receivables within one year +€1,656
new in 2025: €1,656
- Profit (loss) carried forward +€2,350
up €2,350 (+1,390%), from €169 to €2,519
- Tax, wage and social debts -€1,610
no longer reported in 2025 (was €1,610)
- Trade debts +€1,021
up €1,021 (+13.0%), from €7,843 to €8,864
- Other debts -€664
no longer reported in 2025 (was €664)
- Purchases and services -€224,266
no longer reported in 2025 (was €224,266)
- Gross operating margin +€3,916
up €3,916 (+1,830%), from €214 to €4,130
- Taxes +€997
new in 2025: €997
- Other operating charges +€717
new in 2025: €717
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 | €10,286 | €11,382 | +€1,096 | +10.7% |
| Current assets | 29/58 | €10,286 | €11,382 | +€1,096 | +10.7% |
| Stocks and contracts in progress | 3 | €6,503 | €8,805 | +€2,302 | +35.4% |
| Stocks | 30/36 | €6,503 | €8,805 | +€2,302 | +35.4% |
| Amounts receivable within one year | 40/41 | - | €1,656 | +€1,656 | |
| Other amounts receivable | 41 | - | €1,656 | +€1,656 | |
| Cash at bank and in hand | 54/58 | €3,783 | €921 | -€2,862 | -75.7% |
| Total equity and liabilities | 10/49 | €10,286 | €11,382 | +€1,096 | +10.7% |
| Equity | 10/15 | €169 | €2,519 | +€2,350 | +1,390% |
| Profit (loss) carried forward | 14 | €169 | €2,519 | +€2,350 | +1,390% |
| Amounts payable | 17/49 | €10,117 | €8,864 | -€1,254 | -12.4% |
| Amounts payable within one year | 42/48 | €10,117 | €8,864 | -€1,254 | -12.4% |
| Trade debts | 44 | €7,843 | €8,864 | +€1,021 | +13.0% |
| Suppliers | 440/4 | €7,843 | €8,864 | +€1,021 | +13.0% |
| Taxes, remuneration and social security | 45 | €1,610 | - | -€1,610 | |
| Remuneration and social security | 454/9 | €1,610 | - | -€1,610 | |
| Other amounts payable | 47/48 | €664 | - | -€664 | |
| Goods, raw materials, services and sundry goods | 60/61 | €224,266 | - | -€224,266 | |
| Other operating charges | 640/8 | - | €717 | +€717 | |
| Gross operating margin | 9900 | €214 | €4,130 | +€3,916 | +1,830% |
| Operating profit (loss) | 9901 | €214 | €3,413 | +€3,199 | +1,495% |
| Financial charges | 65/66B | €45 | €66 | +€21 | +47.0% |
| Recurring financial charges | 65 | €45 | €66 | +€21 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €169 | €3,347 | +€3,178 | +1,880% |
| Income taxes | 67/77 | - | €997 | +€997 | |
| Profit (loss) for the period | 9904 | €169 | €2,350 | +€2,181 | +1,290% |
| Profit (loss) for the period to be appropriated | 9905 | €169 | €2,350 | +€2,181 | +1,290% |
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 24 October 2026 via checked.be.