MUYSHONDT CONSUMER ELECTRONICS: 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.
MUYSHONDT CONSUMER ELECTRONICS
Largest movements
- Stocks and contracts +€33,280
up €33,280 (+42.8%), from €77,825 to €111,105
- Cash -€21,708
down €21,708 (-58.0%), from €37,446 to €15,737
mainly Net result for the year (-€49,433) and Stocks and contracts (-€33,280)
- Receivables within one year -€13,011
down €13,011 (-40.0%), from €32,520 to €19,508
of which Trade receivables: -€16,001
- Profit (loss) carried forward -€49,433
new in 2025: -€49,433
- Other debts +€44,800
new in 2025: €44,800
- Trade debts +€17,614
up €17,614 (+58.3%), from €30,232 to €47,846
- Tax, wage and social debts -€14,415
down €14,415 (-51.6%), from €27,961 to €13,546
of which Taxes: -€13,133
- Gross operating margin -€89,771
down €89,771 (-55.1%), from €163,053 to €73,282
- Staff costs -€12,683
down €12,683 (-9.6%), from €132,576 to €119,893
- Taxes -€8,485
no longer reported in 2025 (was €8,485)
- Other operating charges +€2,206
up €2,206 (+111%), from €1,987 to €4,193
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 | €148,347 | €146,913 | -€1,434 | -1.0% |
| Current assets | 29/58 | €148,347 | €146,913 | -€1,434 | -1.0% |
| Stocks and contracts in progress | 3 | €77,825 | €111,105 | +€33,280 | +42.8% |
| Stocks | 30/36 | €77,825 | €111,105 | +€33,280 | +42.8% |
| Amounts receivable within one year | 40/41 | €32,520 | €19,508 | -€13,011 | -40.0% |
| Trade receivables | 40 | €29,722 | €13,721 | -€16,001 | -53.8% |
| Other amounts receivable | 41 | €2,798 | €5,787 | +€2,990 | +107% |
| Cash at bank and in hand | 54/58 | €37,446 | €15,737 | -€21,708 | -58.0% |
| Deferred charges and accrued income | 490/1 | €557 | €562 | +€5 | +1.0% |
| Total equity and liabilities | 10/49 | €148,347 | €146,913 | -€1,434 | -1.0% |
| Equity | 10/15 | €28,155 | -€21,278 | -€49,433 | |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €4,155 | €4,155 | = | 0.0% |
| Distributable reserves | 133 | €4,155 | €4,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€49,433 | -€49,433 | |
| Amounts payable | 17/49 | €120,192 | €168,191 | +€47,999 | +39.9% |
| Amounts payable after more than one year | 17 | €62,000 | €62,000 | = | 0.0% |
| Other amounts payable | 178/9 | €62,000 | €62,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,192 | €106,191 | +€47,999 | +82.5% |
| Trade debts | 44 | €30,232 | €47,846 | +€17,614 | +58.3% |
| Suppliers | 440/4 | €30,232 | €47,846 | +€17,614 | +58.3% |
| Taxes, remuneration and social security | 45 | €27,961 | €13,546 | -€14,415 | -51.6% |
| Taxes | 450/3 | €13,133 | - | -€13,133 | |
| Remuneration and social security | 454/9 | €14,827 | €13,546 | -€1,282 | -8.6% |
| Other amounts payable | 47/48 | - | €44,800 | +€44,800 | |
| Remuneration, social security and pensions | 62 | €132,576 | €119,893 | -€12,683 | -9.6% |
| Other operating charges | 640/8 | €1,987 | €4,193 | +€2,206 | +111% |
| Gross operating margin | 9900 | €163,053 | €73,282 | -€89,771 | -55.1% |
| Operating profit (loss) | 9901 | €28,490 | -€50,804 | -€79,295 | |
| Financial income | 75/76B | €5,368 | €3,774 | -€1,594 | -29.7% |
| Recurring financial income | 75 | €5,368 | €3,774 | -€1,594 | -29.7% |
| Financial charges | 65/66B | €3,562 | €2,403 | -€1,159 | -32.5% |
| Recurring financial charges | 65 | €3,562 | €2,403 | -€1,159 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €30,296 | -€49,433 | -€79,730 | |
| Income taxes | 67/77 | €8,485 | - | -€8,485 | |
| Profit (loss) for the period | 9904 | €21,812 | -€49,433 | -€71,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,812 | -€49,433 | -€71,245 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.