MUYDE: 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.
MUYDE
Largest movements
- Tangible fixed assets -€9,653
down €9,653 (-5.6%), from €172,880 to €163,227
of which Land and buildings: -€11,212
- Deferred charges and accrued income +€8,088
up €8,088 (+469.1%), from €1,724 to €9,812
- Receivables within one year -€5,622
down €5,622 (-57.2%), from €9,836 to €4,215
of which Other amounts receivable: -€5,622
- Cash -€4,110
down €4,110 (-11.9%), from €34,540 to €30,430
mainly Contributions, distributions and other (-€10,333) and Deferred charges and accrued income (-€8,088)
- Debts after one year -€8,052
down €8,052 (-5.3%), from €151,008 to €142,956
- Tax, wage and social debts -€5,284
down €5,284 (-53.4%), from €9,887 to €4,603
of which Taxes: -€6,784
- Profit (loss) carried forward +€4,765
up €4,765 (+13.1%), from €36,245 to €41,010
- Other debts -€2,626
down €2,626 (-40.2%), from €6,533 to €3,907
- Gross operating margin +€4,415
up €4,415 (+12.0%), from €36,894 to €41,309
- Other operating charges +€983
up €983 (+52.2%), from €1,884 to €2,867
- Depreciation +€800
up €800 (+6.3%), from €12,619 to €13,419
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.
Cash bridge derived
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 | €218,980 | €207,684 | -€11,296 | -5.2% |
| Fixed assets | 21/28 | €172,880 | €163,227 | -€9,653 | -5.6% |
| Tangible fixed assets | 22/27 | €172,880 | €163,227 | -€9,653 | -5.6% |
| Land and buildings | 22 | €167,416 | €156,203 | -€11,212 | -6.7% |
| Plant, machinery and equipment | 23 | €586 | €226 | -€359 | -61.3% |
| Furniture and vehicles | 24 | €4,878 | €6,797 | +€1,919 | +39.3% |
| Current assets | 29/58 | €46,100 | €44,457 | -€1,643 | -3.6% |
| Amounts receivable within one year | 40/41 | €9,836 | €4,215 | -€5,622 | -57.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,836 | €4,215 | -€5,622 | -57.2% |
| Cash at bank and in hand | 54/58 | €34,540 | €30,430 | -€4,110 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,724 | €9,812 | +€8,088 | +469.1% |
| Total equity and liabilities | 10/49 | €218,980 | €207,684 | -€11,296 | -5.2% |
| Equity | 10/15 | €39,245 | €44,010 | +€4,765 | +12.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,245 | €41,010 | +€4,765 | +13.1% |
| Amounts payable | 17/49 | €179,735 | €163,674 | -€16,062 | -8.9% |
| Amounts payable after more than one year | 17 | €151,008 | €142,956 | -€8,052 | -5.3% |
| Financial debts | 170/4 | €151,008 | €142,956 | -€8,052 | -5.3% |
| Amounts payable within one year | 42/48 | €28,728 | €20,718 | -€8,010 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €7,905 | €8,052 | +€146 | +1.9% |
| Financial debts | 43 | €3,381 | €3,366 | -€15 | -0.4% |
| Other loans | 439 | €3,381 | €3,366 | -€15 | -0.4% |
| Trade debts | 44 | €1,022 | €790 | -€232 | -22.7% |
| Suppliers | 440/4 | €1,022 | €790 | -€232 | -22.7% |
| Taxes, remuneration and social security | 45 | €9,887 | €4,603 | -€5,284 | -53.4% |
| Taxes | 450/3 | €9,887 | €3,103 | -€6,784 | -68.6% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €6,533 | €3,907 | -€2,626 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,619 | €13,419 | +€800 | +6.3% |
| Other operating charges | 640/8 | €1,884 | €2,867 | +€983 | +52.2% |
| Gross operating margin | 9900 | €36,894 | €41,309 | +€4,415 | +12.0% |
| Operating profit (loss) | 9901 | €22,391 | €25,023 | +€2,632 | +11.8% |
| Financial income | 75/76B | €314 | €0 | -€314 | -100.0% |
| Recurring financial income | 75 | €314 | €0 | -€314 | -100.0% |
| Financial charges | 65/66B | €4,304 | €3,997 | -€307 | -7.1% |
| Recurring financial charges | 65 | €4,304 | €3,997 | -€307 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €18,401 | €21,026 | +€2,625 | +14.3% |
| Income taxes | 67/77 | €5,808 | €5,928 | +€120 | +2.1% |
| Profit (loss) for the period | 9904 | €12,593 | €15,098 | +€2,505 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,593 | €15,098 | +€2,505 | +19.9% |
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 9 October 2026 via checked.be.