MYLANN: 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.
What changed
MYLANN
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11,200
2024 · -€75,754+€64,554
Equity
€10.0m
2024 · -€199,588+€10.2m
Cash
€222
2024 · €484,664-€484,441
Balance sheet total
€13.9m
2024 · €3.7m+€10.3m
Largest movements
Assets
- Financial fixed assets +€10.3m
up €10.3m (+384%), from €2.7m to €12.9m
- Receivables within one year +€528,572
up €528,572 (+174%), from €303,326 to €831,898
- Cash -€484,441
down €484,441 (-100.0%), from €484,664 to €222
mainly Investment in fixed assets (net) (-€10.3m) and Receivables within one year (-€528,572)
Equity and liabilities
- Revaluation surpluses +€10.3m
new in 2025: €10.3m
Income statement
- Gross operating margin -€209,302
down €209,302 (-94.3%), from €221,970 to €12,668
- Financial charges -€195,706
down €195,706 (-100.0%), from €195,775 to €69
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
-€75,754
Gross operating margin
-€209,302
Depreciation
+€338
Other operating charges
+€472
Other operating items
+€76,618
Financial income
+€722
Financial charges
+€195,706
Result 2025
-€11,200
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€484,441
Investment
-€10.3m
Financing
+€10.3m
Cash 2024
€484,664
From operations (derived)
-€484,441
Net result for the year
-€11,200
Depreciation
+€11,887
Receivables within one year
-€528,572
Trade debts
-€29,365
Other debts
+€77,809
Accrued charges and deferred income
-€5,000
Investment (derived)
-€10.3m
Investment in fixed assets (net)
-€10.3m
Financing
+€10.3m
Contributions, distributions and other
+€10.3m
Cash 2025
€222
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,658,870 | €13,944,527 | +€10.3m | +281% |
| Formation expenses | 20 | €386 | €358 | -€27 | -7.1% |
| Fixed assets | 21/28 | €2,870,495 | €13,112,048 | +€10.2m | +357% |
| Tangible fixed assets | 22/27 | €202,565 | €190,705 | -€11,859 | -5.9% |
| Land and buildings | 22 | €202,064 | €190,446 | -€11,618 | -5.7% |
| Plant, machinery and equipment | 23 | €500 | €259 | -€241 | -48.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,667,930 | €12,921,342 | +€10.3m | +384% |
| Current assets | 29/58 | €787,989 | €832,121 | +€44,131 | +5.6% |
| Amounts receivable within one year | 40/41 | €303,326 | €831,898 | +€528,572 | +174% |
| Other amounts receivable | 41 | €303,326 | €831,898 | +€528,572 | +174% |
| Cash at bank and in hand | 54/58 | €484,664 | €222 | -€484,441 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,658,870 | €13,944,527 | +€10.3m | +281% |
| Equity | 10/15 | -€199,588 | €10,042,625 | +€10.2m | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €10,253,412 | +€10.3m | |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,588 | -€270,788 | -€11,200 | -4.3% |
| Amounts payable | 17/49 | €3,858,458 | €3,901,902 | +€43,444 | +1.1% |
| Amounts payable after more than one year | 17 | €2,110,000 | €2,110,000 | = | 0.0% |
| Financial debts | 170/4 | €2,110,000 | €2,110,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,743,458 | €1,791,902 | +€48,444 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,295 | €929 | -€29,365 | -96.9% |
| Suppliers | 440/4 | €30,295 | €929 | -€29,365 | -96.9% |
| Other amounts payable | 47/48 | €1,713,163 | €1,790,973 | +€77,809 | +4.5% |
| Accrued charges and deferred income | 492/3 | €5,000 | €0 | -€5,000 | -100% |
| Non-recurring operating income | 76A | €274,058 | €0 | -€274,058 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,225 | €11,887 | -€338 | -2.8% |
| Other operating charges | 640/8 | €13,105 | €12,633 | -€472 | -3.6% |
| Non-recurring operating charges | 66A | €76,618 | €0 | -€76,618 | -100% |
| Gross operating margin | 9900 | €221,970 | €12,668 | -€209,302 | -94.3% |
| Operating profit (loss) | 9901 | €120,022 | -€11,852 | -€131,874 | |
| Financial income | 75/76B | €0 | €722 | +€722 | +2,406,733% |
| Recurring financial income | 75 | €0 | €722 | +€722 | +2,406,733% |
| Financial charges | 65/66B | €195,775 | €69 | -€195,706 | -100.0% |
| Recurring financial charges | 65 | €195,775 | €69 | -€195,706 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€75,754 | -€11,200 | +€64,554 | +85.2% |
| Profit (loss) for the period | 9904 | -€75,754 | -€11,200 | +€64,554 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,754 | -€11,200 | +€64,554 | +85.2% |
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 31 October 2026 via checked.be.