MYFIN: 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.
MYFIN
Largest movements
- Tangible fixed assets +€725,399
up €725,399 (+790%), from €91,831 to €817,229
of which Land and buildings: +€735,288
- Receivables within one year -€107,584
down €107,584 (-46.2%), from €232,891 to €125,307
of which Other amounts receivable: -€87,584
- Receivables after one year -€32,500
down €32,500 (-100%), from €32,500 to €0
- Debts after one year +€492,205
up €492,205 (+138%), from €357,062 to €849,267
- Profit (loss) carried forward +€212,485
up €212,485 (+77,493%), from €274 to €212,759
- Other debts -€166,227
down €166,227 (-57.7%), from €288,277 to €122,050
- Current portion of long-term debt +€33,378
up €33,378 (+44.1%), from €75,741 to €109,120
- Financial income -€130,477
down €130,477 (-45.5%), from €286,873 to €156,396
- Gross operating margin +€77,307
up €77,307 (+110%), from €70,323 to €147,629
- Depreciation +€21,496
up €21,496 (+216%), from €9,968 to €31,463
- Financial charges +€16,018
up €16,018 (+68.8%), from €23,279 to €39,297
- Taxes -€1,670
down €1,670 (-8.5%), from €19,632 to €17,962
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 | €1,587,510 | €2,181,480 | +€593,970 | +37.4% |
| Fixed assets | 21/28 | €1,317,116 | €2,042,515 | +€725,399 | +55.1% |
| Tangible fixed assets | 22/27 | €91,831 | €817,229 | +€725,399 | +790% |
| Land and buildings | 22 | - | €735,288 | +€735,288 | |
| Furniture and vehicles | 24 | €89,481 | €79,591 | -€9,890 | -11.1% |
| Other tangible fixed assets | 26 | €2,350 | €2,350 | = | 0.0% |
| Financial fixed assets | 28 | €1,225,286 | €1,225,286 | = | 0.0% |
| Current assets | 29/58 | €270,394 | €138,965 | -€131,428 | -48.6% |
| Amounts receivable after more than one year | 29 | €32,500 | €0 | -€32,500 | -100% |
| Other amounts receivable | 291 | €32,500 | €0 | -€32,500 | -100% |
| Amounts receivable within one year | 40/41 | €232,891 | €125,307 | -€107,584 | -46.2% |
| Trade receivables | 40 | €20,000 | €0 | -€20,000 | -100% |
| Other amounts receivable | 41 | €212,891 | €125,307 | -€87,584 | -41.1% |
| Cash at bank and in hand | 54/58 | €3,424 | €11,722 | +€8,298 | +242% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,936 | +€358 | +22.7% |
| Total equity and liabilities | 10/49 | €1,587,510 | €2,181,480 | +€593,970 | +37.4% |
| Equity | 10/15 | €859,774 | €1,072,259 | +€212,485 | +24.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €834,500 | €834,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €834,500 | €834,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €274 | €212,759 | +€212,485 | +77,493% |
| Amounts payable | 17/49 | €727,736 | €1,109,221 | +€381,485 | +52.4% |
| Amounts payable after more than one year | 17 | €357,062 | €849,267 | +€492,205 | +138% |
| Financial debts | 170/4 | €357,062 | €849,267 | +€492,205 | +138% |
| Amounts payable within one year | 42/48 | €370,674 | €259,954 | -€110,720 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €75,741 | €109,120 | +€33,378 | +44.1% |
| Trade debts | 44 | €933 | €6,790 | +€5,857 | +628% |
| Suppliers | 440/4 | €933 | €6,790 | +€5,857 | +628% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,723 | €21,994 | +€16,271 | +284% |
| Taxes | 450/3 | €1,873 | €18,998 | +€17,124 | +914% |
| Remuneration and social security | 454/9 | €3,850 | €2,997 | -€853 | -22.2% |
| Other amounts payable | 47/48 | €288,277 | €122,050 | -€166,227 | -57.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,968 | €31,463 | +€21,496 | +216% |
| Other operating charges | 640/8 | €1,371 | €2,817 | +€1,446 | +106% |
| Gross operating margin | 9900 | €70,323 | €147,629 | +€77,307 | +110% |
| Operating profit (loss) | 9901 | €58,984 | €113,349 | +€54,364 | +92.2% |
| Financial income | 75/76B | €286,873 | €156,396 | -€130,477 | -45.5% |
| Recurring financial income | 75 | €286,873 | €156,396 | -€130,477 | -45.5% |
| Financial charges | 65/66B | €23,279 | €39,297 | +€16,018 | +68.8% |
| Recurring financial charges | 65 | €23,279 | €39,297 | +€16,018 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €322,578 | €230,447 | -€92,131 | -28.6% |
| Income taxes | 67/77 | €19,632 | €17,962 | -€1,670 | -8.5% |
| Profit (loss) for the period | 9904 | €302,946 | €212,485 | -€90,461 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €302,946 | €212,485 | -€90,461 | -29.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.