MUYS LOGISTICS: 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 LOGISTICS
Largest movements
- Tangible fixed assets -€13,382
down €13,382 (-33.5%), from €39,973 to €26,591
of which Furniture and vehicles: -€13,183
- Receivables within one year -€10,385
down €10,385 (-43.6%), from €23,840 to €13,455
of which Other amounts receivable: -€12,938
- Cash +€7,358
up €7,358 (+24.6%), from €29,855 to €37,213
mainly Depreciation (+€14,432) and Receivables within one year (+€10,385)
- Financial fixed assets -€5,412
down €5,412 (-94.4%), from €5,732 to €320
- Intangible fixed assets -€1,050
down €1,050 (-22.7%), from €4,635 to €3,585
- Debts after one year -€9,120
down €9,120 (-49.5%), from €18,420 to €9,300
- Short-term financial debts -€8,750
no longer reported in 2025 (was €8,750)
- Reserves -€5,481
down €5,481 (-9.2%), from €59,515 to €54,033
- Tax, wage and social debts +€1,366
up €1,366 (+35.4%), from €3,856 to €5,223
of which Taxes: +€3,264
- Gross operating margin -€12,874
down €12,874 (-54.6%), from €23,595 to €10,720
- Taxes -€1,754
down €1,754 (-91.5%), from €1,917 to €164
- Other operating charges +€622
up €622 (+221%), from €281 to €903
- Depreciation +€533
up €533 (+3.8%), from €13,900 to €14,432
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 | €104,508 | €81,396 | -€23,112 | -22.1% |
| Fixed assets | 21/28 | €50,340 | €30,496 | -€19,844 | -39.4% |
| Intangible fixed assets | 21 | €4,635 | €3,585 | -€1,050 | -22.7% |
| Tangible fixed assets | 22/27 | €39,973 | €26,591 | -€13,382 | -33.5% |
| Plant, machinery and equipment | 23 | €495 | €296 | -€199 | -40.2% |
| Furniture and vehicles | 24 | €39,478 | €26,294 | -€13,183 | -33.4% |
| Financial fixed assets | 28 | €5,732 | €320 | -€5,412 | -94.4% |
| Current assets | 29/58 | €54,168 | €50,900 | -€3,268 | -6.0% |
| Amounts receivable within one year | 40/41 | €23,840 | €13,455 | -€10,385 | -43.6% |
| Trade receivables | 40 | €10,757 | €13,310 | +€2,553 | +23.7% |
| Other amounts receivable | 41 | €13,083 | €145 | -€12,938 | -98.9% |
| Cash at bank and in hand | 54/58 | €29,855 | €37,213 | +€7,358 | +24.6% |
| Deferred charges and accrued income | 490/1 | €473 | €232 | -€241 | -51.0% |
| Total equity and liabilities | 10/49 | €104,508 | €81,396 | -€23,112 | -22.1% |
| Equity | 10/15 | €62,515 | €57,033 | -€5,481 | -8.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,515 | €54,033 | -€5,481 | -9.2% |
| Distributable reserves | 133 | €59,515 | €54,033 | -€5,481 | -9.2% |
| Amounts payable | 17/49 | €41,993 | €24,363 | -€17,631 | -42.0% |
| Amounts payable after more than one year | 17 | €18,420 | €9,300 | -€9,120 | -49.5% |
| Financial debts | 170/4 | €18,420 | €9,300 | -€9,120 | -49.5% |
| Amounts payable within one year | 42/48 | €23,573 | €15,063 | -€8,510 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €8,945 | €9,120 | +€176 | +2.0% |
| Financial debts | 43 | €8,750 | - | -€8,750 | |
| Credit institutions | 430/8 | €8,750 | - | -€8,750 | |
| Trade debts | 44 | €1,551 | €720 | -€831 | -53.6% |
| Suppliers | 440/4 | €1,551 | €720 | -€831 | -53.6% |
| Taxes, remuneration and social security | 45 | €3,856 | €5,223 | +€1,366 | +35.4% |
| Taxes | 450/3 | €1,959 | €5,223 | +€3,264 | +167% |
| Remuneration and social security | 454/9 | €1,897 | - | -€1,897 | |
| Other amounts payable | 47/48 | €471 | - | -€471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,900 | €14,432 | +€533 | +3.8% |
| Other operating charges | 640/8 | €281 | €903 | +€622 | +221% |
| Gross operating margin | 9900 | €23,595 | €10,720 | -€12,874 | -54.6% |
| Operating profit (loss) | 9901 | €9,414 | -€4,615 | -€14,029 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +43,700% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +43,700% |
| Financial charges | 65/66B | €855 | €707 | -€148 | -17.3% |
| Recurring financial charges | 65 | €855 | €707 | -€148 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €8,559 | -€5,318 | -€13,877 | |
| Income taxes | 67/77 | €1,917 | €164 | -€1,754 | -91.5% |
| Profit (loss) for the period | 9904 | €6,642 | -€5,481 | -€12,123 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,642 | -€5,481 | -€12,123 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.