MUYLLE: what changed
Two fiscal 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.
MUYLLE
Largest movements
- Receivables within one year -€598,644
down €598,644 (-20.5%), from €2.9m to €2.3m
of which Other amounts receivable: -€595,450
- Reserves -€500,738
down €500,738 (-30.5%), from €1.6m to €1.1m
of which Distributable reserves: -€500,738
- Other debts -€73,697
down €73,697 (-6.0%), from €1.2m to €1.2m
- Tax, wage and social debts -€39,618
down €39,618 (-34.8%), from €113,788 to €74,170
- Financial charges -€79,942
down €79,942 (-68.3%), from €117,024 to €37,082
of which Non-recurring financial charges: -€81,426
- Taxes -€39,622
down €39,622 (-66.5%), from €59,547 to €19,925
- Financial income -€7,186
down €7,186 (-6.9%), from €103,947 to €96,761
of which Financial income: -€7,186
- Gross operating margin -€2,849
down €2,849 (-49.0%), from -€5,816 to -€8,666
- Other operating charges +€854
up €854 (+63.8%), from €1,339 to €2,192
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 | €3,072,085 | €2,446,415 | -€625,670 | -20.4% |
| Fixed assets | 21/28 | €150,539 | €129,061 | -€21,478 | -14.3% |
| Financial fixed assets | 28 | €150,539 | €129,061 | -€21,478 | -14.3% |
| Current assets | 29/58 | €2,921,546 | €2,317,354 | -€604,192 | -20.7% |
| Amounts receivable within one year | 40/41 | €2,915,937 | €2,317,293 | -€598,644 | -20.5% |
| Trade receivables | 40 | €5,227 | €2,033 | -€3,194 | -61.1% |
| Other amounts receivable | 41 | €2,910,710 | €2,315,260 | -€595,450 | -20.5% |
| Cash at bank and in hand | 54/58 | €2 | €61 | +€59 | +2987.4% |
| Deferred charges and accrued income | 490/1 | €5,607 | €0 | -€5,607 | -100.0% |
| Total equity and liabilities | 10/49 | €3,072,085 | €2,446,415 | -€625,670 | -20.4% |
| Equity | 10/15 | €1,705,893 | €1,205,155 | -€500,738 | -29.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,643,893 | €1,143,155 | -€500,738 | -30.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,637,693 | €1,136,955 | -€500,738 | -30.6% |
| Amounts payable | 17/49 | €1,366,192 | €1,241,260 | -€124,932 | -9.1% |
| Amounts payable within one year | 42/48 | €1,366,071 | €1,241,260 | -€124,811 | -9.1% |
| Trade debts | 44 | €13,850 | €2,353 | -€11,497 | -83.0% |
| Suppliers | 440/4 | €13,850 | €2,353 | -€11,497 | -83.0% |
| Taxes, remuneration and social security | 45 | €113,788 | €74,170 | -€39,618 | -34.8% |
| Taxes | 450/3 | €113,788 | €74,170 | -€39,618 | -34.8% |
| Other amounts payable | 47/48 | €1,238,434 | €1,164,737 | -€73,697 | -6.0% |
| Accrued charges and deferred income | 492/3 | €121 | €0 | -€121 | -100.0% |
| Other operating charges | 640/8 | €1,339 | €2,192 | +€854 | +63.8% |
| Non-recurring operating charges | 66A | - | €529,634 | +€529,634 | |
| Gross operating margin | 9900 | -€5,816 | -€8,666 | -€2,849 | -49.0% |
| Operating profit (loss) | 9901 | -€7,155 | -€540,492 | -€533,337 | -7454.1% |
| Financial income | 75/76B | €103,947 | €96,761 | -€7,186 | -6.9% |
| Recurring financial income | 75 | €103,947 | €96,761 | -€7,186 | -6.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €117,024 | €37,082 | -€79,942 | -68.3% |
| Recurring financial charges | 65 | €14,120 | €15,605 | +€1,484 | +10.5% |
| Non-recurring financial charges | 66B | €102,904 | €21,478 | -€81,426 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,233 | -€480,813 | -€460,580 | -2276.4% |
| Income taxes | 67/77 | €59,547 | €19,925 | -€39,622 | -66.5% |
| Profit (loss) for the period | 9904 | -€79,780 | -€500,738 | -€420,958 | -527.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,780 | -€500,738 | -€420,958 | -527.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.