MUYS & CO: 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.
MUYS & CO
Largest movements
- Cash +€664,876
up €664,876 (+527%), from €126,078 to €790,954
mainly Trade debts (+€504,354) and Receivables within one year (+€459,358)
- Receivables within one year -€459,358
down €459,358 (-44.6%), from €1.0m to €570,145
of which Other amounts receivable: -€465,358
- Tangible fixed assets +€79,851
up €79,851 (+9.7%), from €819,905 to €899,756
- Trade debts +€504,354
up €504,354 (+21,129%), from €2,387 to €506,741
- Other debts -€126,708
down €126,708 (-86.6%), from €146,279 to €19,571
- Debts after one year -€55,390
down €55,390 (-9.5%), from €582,779 to €527,389
of which Financial debts: -€55,390
- Reserves -€30,550
down €30,550 (-4.4%), from €688,635 to €658,085
of which Distributable reserves: -€24,000
- Gross operating margin -€25,252
down €25,252, from €6,535 to -€18,717
- Financial charges -€7,290
down €7,290 (-33.0%), from €22,095 to €14,806
- Financial income -€6,583
down €6,583 (-32.8%), from €20,076 to €13,494
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 | €1,975,485 | €2,264,484 | +€288,999 | +14.6% |
| Fixed assets | 21/28 | €819,905 | €899,756 | +€79,851 | +9.7% |
| Tangible fixed assets | 22/27 | €819,905 | €899,756 | +€79,851 | +9.7% |
| Land and buildings | 22 | €819,905 | €899,756 | +€79,851 | +9.7% |
| Current assets | 29/58 | €1,155,581 | €1,364,728 | +€209,148 | +18.1% |
| Amounts receivable within one year | 40/41 | €1,029,503 | €570,145 | -€459,358 | -44.6% |
| Trade receivables | 40 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 41 | €1,029,503 | €564,145 | -€465,358 | -45.2% |
| Current investments | 50/53 | - | €3,630 | +€3,630 | |
| Cash at bank and in hand | 54/58 | €126,078 | €790,954 | +€664,876 | +527% |
| Total equity and liabilities | 10/49 | €1,975,485 | €2,264,484 | +€288,999 | +14.6% |
| Equity | 10/15 | €1,110,635 | €1,080,288 | -€30,347 | -2.7% |
| Contributions | 10/11 | €422,000 | €422,000 | = | 0.0% |
| Reserves | 13 | €688,635 | €658,085 | -€30,550 | -4.4% |
| Non-distributable reserves | 130/1 | €42,200 | €42,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42,200 | €42,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,940 | €141,390 | -€6,550 | -4.4% |
| Distributable reserves | 133 | €498,495 | €474,495 | -€24,000 | -4.8% |
| Profit (loss) carried forward | 14 | €0 | €204 | +€203 | +49,590% |
| Provisions and deferred taxes | 16 | €76,348 | €72,975 | -€3,373 | -4.4% |
| Deferred taxes | 168 | €76,348 | €72,975 | -€3,373 | -4.4% |
| Amounts payable | 17/49 | €788,502 | €1,111,220 | +€322,718 | +40.9% |
| Amounts payable after more than one year | 17 | €582,779 | €527,389 | -€55,390 | -9.5% |
| Financial debts | 170/4 | €497,779 | €442,389 | -€55,390 | -11.1% |
| Other amounts payable | 178/9 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €202,786 | €581,862 | +€379,076 | +187% |
| Current portion of amounts payable after more than one year | 42 | €53,940 | €55,370 | +€1,430 | +2.7% |
| Trade debts | 44 | €2,387 | €506,741 | +€504,354 | +21,129% |
| Suppliers | 440/4 | €2,387 | €506,741 | +€504,354 | +21,129% |
| Taxes, remuneration and social security | 45 | €181 | €181 | = | 0.0% |
| Taxes | 450/3 | €181 | €181 | = | 0.0% |
| Other amounts payable | 47/48 | €146,279 | €19,571 | -€126,708 | -86.6% |
| Accrued charges and deferred income | 492/3 | €2,937 | €1,969 | -€968 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,598 | €10,598 | = | 0.0% |
| Other operating charges | 640/8 | €3,190 | €3,093 | -€97 | -3.0% |
| Gross operating margin | 9900 | €6,535 | -€18,717 | -€25,252 | |
| Operating profit (loss) | 9901 | -€7,253 | -€32,407 | -€25,155 | -347% |
| Financial income | 75/76B | €20,076 | €13,494 | -€6,583 | -32.8% |
| Recurring financial income | 75 | €20,076 | €13,494 | -€6,583 | -32.8% |
| Financial charges | 65/66B | €22,095 | €14,806 | -€7,290 | -33.0% |
| Recurring financial charges | 65 | €22,095 | €14,806 | -€7,290 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,271 | -€33,719 | -€24,448 | -264% |
| Transfer from deferred taxes | 780 | €3,373 | €3,373 | = | 0.0% |
| Income taxes | 67/77 | €168 | - | -€168 | |
| Profit (loss) for the period | 9904 | -€6,067 | -€30,347 | -€24,280 | -400% |
| Transfer from tax-exempt reserves | 789 | €6,550 | €6,550 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €483 | -€23,797 | -€24,280 |
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 15 October 2026 via checked.be.