Muydersluys: 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.
Muydersluys
Largest movements
- Cash -€263,727
down €263,727 (-71.7%), from €367,784 to €104,057
mainly Other debts (-€370,432) and Current investments (-€25,881)
- Receivables within one year -€30,909
down €30,909 (-30.4%), from €101,524 to €70,615
of which Trade receivables: -€31,329
- Current investments +€25,881
up €25,881 (+7.8%), from €332,112 to €357,993
- Tangible fixed assets -€9,164
down €9,164 (-25.1%), from €36,532 to €27,369
of which Furniture and vehicles: -€8,730
- Other debts -€370,432
down €370,432 (-100%), from €370,432 to €0
- Reserves +€95,970
up €95,970 (+20.8%), from €460,918 to €556,888
- Tax, wage and social debts -€9,832
down €9,832 (-66.1%), from €14,880 to €5,047
- Gross operating margin -€67,149
down €67,149 (-43.8%), from €153,228 to €86,079
- Taxes -€3,299
down €3,299 (-9.7%), from €33,884 to €30,586
- Financial income +€1,544
up €1,544 (+3.2%), from €48,805 to €50,349
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 | €865,506 | €580,957 | -€284,549 | -32.9% |
| Fixed assets | 21/28 | €36,532 | €27,369 | -€9,164 | -25.1% |
| Tangible fixed assets | 22/27 | €36,532 | €27,369 | -€9,164 | -25.1% |
| Plant, machinery and equipment | 23 | €1,716 | €1,283 | -€433 | -25.2% |
| Furniture and vehicles | 24 | €34,816 | €26,085 | -€8,730 | -25.1% |
| Current assets | 29/58 | €828,974 | €553,588 | -€275,386 | -33.2% |
| Amounts receivable after more than one year | 29 | €22,500 | €17,500 | -€5,000 | -22.2% |
| Other amounts receivable | 291 | €22,500 | €17,500 | -€5,000 | -22.2% |
| Amounts receivable within one year | 40/41 | €101,524 | €70,615 | -€30,909 | -30.4% |
| Trade receivables | 40 | €41,721 | €10,392 | -€31,329 | -75.1% |
| Other amounts receivable | 41 | €59,803 | €60,223 | +€421 | +0.7% |
| Current investments | 50/53 | €332,112 | €357,993 | +€25,881 | +7.8% |
| Cash at bank and in hand | 54/58 | €367,784 | €104,057 | -€263,727 | -71.7% |
| Deferred charges and accrued income | 490/1 | €5,054 | €3,423 | -€1,631 | -32.3% |
| Total equity and liabilities | 10/49 | €865,506 | €580,957 | -€284,549 | -32.9% |
| Equity | 10/15 | €479,518 | €575,488 | +€95,970 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €460,918 | €556,888 | +€95,970 | +20.8% |
| Distributable reserves | 133 | €460,918 | €556,888 | +€95,970 | +20.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €385,988 | €5,469 | -€380,519 | -98.6% |
| Amounts payable within one year | 42/48 | €385,337 | €5,058 | -€380,279 | -98.7% |
| Trade debts | 44 | €26 | €10 | -€15 | -59.3% |
| Suppliers | 440/4 | €26 | €10 | -€15 | -59.3% |
| Taxes, remuneration and social security | 45 | €14,880 | €5,047 | -€9,832 | -66.1% |
| Taxes | 450/3 | €14,880 | €5,047 | -€9,832 | -66.1% |
| Other amounts payable | 47/48 | €370,432 | €0 | -€370,432 | -100% |
| Accrued charges and deferred income | 492/3 | €651 | €411 | -€240 | -36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,980 | €9,164 | -€817 | -8.2% |
| Other operating charges | 640/8 | €547 | €501 | -€46 | -8.4% |
| Gross operating margin | 9900 | €153,228 | €86,079 | -€67,149 | -43.8% |
| Operating profit (loss) | 9901 | €142,701 | €76,415 | -€66,286 | -46.5% |
| Financial income | 75/76B | €48,805 | €50,349 | +€1,544 | +3.2% |
| Recurring financial income | 75 | €48,805 | €50,349 | +€1,544 | +3.2% |
| Financial charges | 65/66B | €185 | €208 | +€23 | +12.4% |
| Recurring financial charges | 65 | €185 | €208 | +€23 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €191,321 | €126,556 | -€64,765 | -33.9% |
| Income taxes | 67/77 | €33,884 | €30,586 | -€3,299 | -9.7% |
| Profit (loss) for the period | 9904 | €157,437 | €95,970 | -€61,467 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €157,437 | €95,970 | -€61,467 | -39.0% |
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 28 October 2026 via checked.be.