MYELIN: 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.
MYELIN
Largest movements
- Receivables within one year +€8,734
up €8,734 (+29.2%), from €29,866 to €38,600
- Cash -€7,865
down €7,865 (-12.0%), from €65,398 to €57,532
mainly Receivables within one year (-€8,734) and Net result for the year (-€5,821)
- Tangible fixed assets -€2,152
down €2,152 (-17.1%), from €12,587 to €10,436
of which Furniture and vehicles: -€1,389
- Other debts +€9,328
new in 2025: €9,328
- Profit (loss) carried forward -€5,821
down €5,821 (-15.9%), from €36,545 to €30,723
- Tax, wage and social debts -€4,506
down €4,506 (-89.0%), from €5,064 to €559
- Taxes +€13,712
up €13,712 (+270%), from €5,077 to €18,788
- Financial income +€477
up €477 (+64.2%), from €743 to €1,219
- Gross operating margin -€440
down €440 (-2.9%), from €15,176 to €14,736
- Depreciation +€375
up €375 (+21.1%), from €1,777 to €2,152
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 | €109,421 | €108,914 | -€508 | -0.5% |
| Fixed assets | 21/28 | €12,612 | €10,461 | -€2,152 | -17.1% |
| Tangible fixed assets | 22/27 | €12,587 | €10,436 | -€2,152 | -17.1% |
| Land and buildings | 22 | €6,462 | €5,699 | -€763 | -11.8% |
| Furniture and vehicles | 24 | €6,125 | €4,737 | -€1,389 | -22.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €96,809 | €98,453 | +€1,644 | +1.7% |
| Amounts receivable within one year | 40/41 | €29,866 | €38,600 | +€8,734 | +29.2% |
| Other amounts receivable | 41 | €29,866 | €38,600 | +€8,734 | +29.2% |
| Cash at bank and in hand | 54/58 | €65,398 | €57,532 | -€7,865 | -12.0% |
| Deferred charges and accrued income | 490/1 | €1,546 | €2,321 | +€775 | +50.2% |
| Total equity and liabilities | 10/49 | €109,421 | €108,914 | -€508 | -0.5% |
| Equity | 10/15 | €99,991 | €94,170 | -€5,821 | -5.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Contributions outside capital | 11 | €8,060 | €8,060 | = | 0.0% |
| Share premium | 1100/10 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €55,387 | €55,387 | = | 0.0% |
| Distributable reserves | 133 | €55,387 | €55,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,545 | €30,723 | -€5,821 | -15.9% |
| Amounts payable | 17/49 | €9,430 | €14,743 | +€5,314 | +56.3% |
| Amounts payable within one year | 42/48 | €9,430 | €14,743 | +€5,314 | +56.3% |
| Trade debts | 44 | €4,366 | €4,856 | +€491 | +11.2% |
| Suppliers | 440/4 | €4,366 | €4,856 | +€491 | +11.2% |
| Taxes, remuneration and social security | 45 | €5,064 | €559 | -€4,506 | -89.0% |
| Taxes | 450/3 | €5,064 | €559 | -€4,506 | -89.0% |
| Other amounts payable | 47/48 | - | €9,328 | +€9,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,777 | €2,152 | +€375 | +21.1% |
| Other operating charges | 640/8 | €646 | €792 | +€145 | +22.5% |
| Gross operating margin | 9900 | €15,176 | €14,736 | -€440 | -2.9% |
| Operating profit (loss) | 9901 | €12,753 | €11,793 | -€960 | -7.5% |
| Financial income | 75/76B | €743 | €1,219 | +€477 | +64.2% |
| Recurring financial income | 75 | €743 | €1,219 | +€477 | +64.2% |
| Financial charges | 65/66B | €10 | €45 | +€35 | +372% |
| Recurring financial charges | 65 | €10 | €45 | +€35 | +372% |
| Profit (loss) for the period before taxes | 9903 | €13,486 | €12,967 | -€518 | -3.8% |
| Income taxes | 67/77 | €5,077 | €18,788 | +€13,712 | +270% |
| Profit (loss) for the period | 9904 | €8,409 | -€5,821 | -€14,230 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,409 | -€5,821 | -€14,230 |
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.