MUZZROOM: 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.
What changed
MUZZROOM
NACE 01.130, Growing of vegetables, melons, roots and tubers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€48,793
2024 · €64,252-€15,459
Equity
€660,206
2024 · €611,413+€48,793
Cash
€71,718
2024 · €24,473+€47,244
Balance sheet total
€3.5m
2024 · €3.2m+€325,937
Largest movements
Assets
- Receivables within one year +€346,707
up €346,707 (+21.0%), from €1.6m to €2.0m
of which Other amounts receivable: +€465,855
- Tangible fixed assets -€81,308
down €81,308 (-10.6%), from €763,934 to €682,626
of which Land and buildings: -€53,237
- Cash +€47,244
up €47,244 (+193.0%), from €24,473 to €71,718
mainly Trade debts (+€366,548) and Depreciation (+€185,941)
Equity and liabilities
- Trade debts +€366,548
up €366,548 (+33.2%), from €1.1m to €1.5m
- Debts after one year -€62,012
down €62,012 (-9.9%), from €628,956 to €566,944
- Reserves +€48,793
up €48,793 (+9.4%), from €518,583 to €567,376
Income statement
- Turnover +€729,888
up €729,888 (+6.5%), from €11.2m to €12.0m
- Goods and materials +€605,924
up €605,924 (+6.6%), from €9.2m to €9.8m
of which Purchases: +€547,684
- Other operating income -€216,758
down €216,758 (-56.5%), from €383,632 to €166,874
- Services and other goods -€171,368
down €171,368 (-12.4%), from €1.4m to €1.2m
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.
Result 2024
€64,252
Turnover
+€729,888
Other operating income
-€216,758
Goods and materials
-€605,924
Services and other goods
+€171,368
Staff costs
-€92,965
Depreciation
-€12,618
Other operating charges
+€412
Other operating items
+€1,000
Financial income
-€2,216
Financial charges
+€6,834
Taxes
+€5,521
Result 2025
€48,793
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.
From operations
+€240,430
Investment
-€119,388
Financing
-€73,797
Cash 2024
€24,473
From operations (derived)
+€240,430
Net result for the year
+€48,793
Depreciation
+€185,941
Receivables after one year
-€10,927
Stocks and contracts
+€32,218
Receivables within one year
-€346,707
Deferred charges and accrued income
-€19,830
Trade debts
+€366,548
Tax, wage and social debts
-€31,129
Other debts
+€15,837
Accrued charges and deferred income
-€315
Investment (derived)
-€119,388
Investment in fixed assets (net)
-€119,388
Financing
-€73,797
Debts after one year
-€62,012
Current portion of long-term debt
-€11,714
Short-term financial debts
-€71
Cash 2025
€71,718
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,201,070 | €3,527,007 | +€325,937 | +10.2% |
| Fixed assets | 21/28 | €1,038,583 | €972,030 | -€66,553 | -6.4% |
| Intangible fixed assets | 21 | €262,869 | €277,625 | +€14,756 | +5.6% |
| Tangible fixed assets | 22/27 | €763,934 | €682,626 | -€81,308 | -10.6% |
| Land and buildings | 22 | €506,806 | €453,570 | -€53,237 | -10.5% |
| Plant, machinery and equipment | 23 | €203,449 | €211,279 | +€7,830 | +3.8% |
| Furniture and vehicles | 24 | €8,863 | €1,828 | -€7,036 | -79.4% |
| Leasing and similar rights | 25 | €44,815 | €15,950 | -€28,866 | -64.4% |
| Financial fixed assets | 28 | €11,780 | €11,780 | = | 0.0% |
| Affiliated companies | 280/1 | €11,780 | €11,780 | = | 0.0% |
| Participating interests | 280 | €11,780 | €11,780 | = | 0.0% |
| Current assets | 29/58 | €2,162,487 | €2,554,977 | +€392,490 | +18.1% |
| Amounts receivable after more than one year | 29 | €322,693 | €333,620 | +€10,927 | +3.4% |
| Other amounts receivable | 291 | €322,693 | €333,620 | +€10,927 | +3.4% |
| Stocks and contracts in progress | 3 | €155,874 | €123,656 | -€32,218 | -20.7% |
| Stocks | 30/36 | €155,874 | €123,656 | -€32,218 | -20.7% |
| Raw materials and consumables | 30/31 | €77,926 | €73,384 | -€4,543 | -5.8% |
| Goods purchased for resale | 34 | €77,948 | €50,272 | -€27,675 | -35.5% |
| Amounts receivable within one year | 40/41 | €1,647,669 | €1,994,376 | +€346,707 | +21.0% |
| Trade receivables | 40 | €1,243,355 | €1,124,207 | -€119,148 | -9.6% |
| Other amounts receivable | 41 | €404,314 | €870,169 | +€465,855 | +115.2% |
| Cash at bank and in hand | 54/58 | €24,473 | €71,718 | +€47,244 | +193.0% |
| Deferred charges and accrued income | 490/1 | €11,778 | €31,608 | +€19,830 | +168.4% |
| Total equity and liabilities | 10/49 | €3,201,070 | €3,527,007 | +€325,937 | +10.2% |
| Equity | 10/15 | €611,413 | €660,206 | +€48,793 | +8.0% |
| Contributions | 10/11 | €92,830 | €92,830 | = | 0.0% |
| Reserves | 13 | €518,583 | €567,376 | +€48,793 | +9.4% |
| Distributable reserves | 133 | €518,583 | €567,376 | +€48,793 | +9.4% |
| Amounts payable | 17/49 | €2,589,657 | €2,866,801 | +€277,144 | +10.7% |
| Amounts payable after more than one year | 17 | €628,956 | €566,944 | -€62,012 | -9.9% |
| Financial debts | 170/4 | €628,956 | €566,944 | -€62,012 | -9.9% |
| Subordinated loans | 170 | €540,000 | €540,000 | = | 0.0% |
| Leasing and similar obligations | 172 | €17,027 | €0 | -€17,027 | -100.0% |
| Credit institutions | 173 | €71,929 | €26,944 | -€44,985 | -62.5% |
| Amounts payable within one year | 42/48 | €1,960,386 | €2,299,857 | +€339,472 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €73,726 | €62,012 | -€11,714 | -15.9% |
| Financial debts | 43 | €529,589 | €529,518 | -€71 | 0.0% |
| Credit institutions | 430/8 | €529,589 | €529,518 | -€71 | 0.0% |
| Trade debts | 44 | €1,102,784 | €1,469,332 | +€366,548 | +33.2% |
| Suppliers | 440/4 | €1,102,784 | €1,469,332 | +€366,548 | +33.2% |
| Taxes, remuneration and social security | 45 | €131,729 | €100,600 | -€31,129 | -23.6% |
| Taxes | 450/3 | €57,571 | €26,385 | -€31,186 | -54.2% |
| Remuneration and social security | 454/9 | €74,158 | €74,215 | +€58 | +0.1% |
| Other amounts payable | 47/48 | €122,558 | €138,395 | +€15,837 | +12.9% |
| Accrued charges and deferred income | 492/3 | €315 | €0 | -€315 | -100.0% |
| Operating income | 70/76A | €11,614,181 | €12,128,311 | +€514,130 | +4.4% |
| Turnover | 70 | €11,230,549 | €11,960,437 | +€729,888 | +6.5% |
| Other operating income | 74 | €383,632 | €166,874 | -€216,758 | -56.5% |
| Non-recurring operating income | 76A | €0 | €1,000 | +€1,000 | |
| Operating charges | 60/66A | €11,482,603 | €12,022,331 | +€539,728 | +4.7% |
| Goods for resale, raw materials and consumables | 60 | €9,157,558 | €9,763,483 | +€605,924 | +6.6% |
| Purchases | 600/8 | €9,183,581 | €9,731,265 | +€547,684 | +6.0% |
| Change in stocks: decrease (increase) | 609 | -€26,022 | €32,218 | +€58,240 | |
| Services and other goods | 61 | €1,384,349 | €1,212,981 | -€171,368 | -12.4% |
| Remuneration, social security and pensions | 62 | €741,611 | €834,576 | +€92,965 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,323 | €185,941 | +€12,618 | +7.3% |
| Other operating charges | 640/8 | €25,762 | €25,350 | -€412 | -1.6% |
| Operating profit (loss) | 9901 | €131,578 | €105,980 | -€25,598 | -19.5% |
| Financial income | 75/76B | €8,780 | €6,565 | -€2,216 | -25.2% |
| Recurring financial income | 75 | €8,780 | €6,565 | -€2,216 | -25.2% |
| Income from current assets | 751 | €8,720 | €6,552 | -€2,168 | -24.9% |
| Other financial income | 752/9 | €60 | €13 | -€48 | -79.1% |
| Financial charges | 65/66B | €44,898 | €38,064 | -€6,834 | -15.2% |
| Recurring financial charges | 65 | €44,898 | €38,064 | -€6,834 | -15.2% |
| Debt charges | 650 | €43,525 | €34,751 | -€8,774 | -20.2% |
| Other financial charges | 652/9 | €1,373 | €3,313 | +€1,940 | +141.3% |
| Profit (loss) for the period before taxes | 9903 | €95,460 | €74,481 | -€20,980 | -22.0% |
| Income taxes | 67/77 | €31,208 | €25,688 | -€5,521 | -17.7% |
| Taxes | 670/3 | €31,208 | €25,688 | -€5,521 | -17.7% |
| Profit (loss) for the period | 9904 | €64,252 | €48,793 | -€15,459 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,252 | €48,793 | -€15,459 | -24.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.