MYLENE: 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
MYLENE
NACE 20.420, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€657,861
2024 · -€508,330-€149,530
Equity
-€2.2m
2024 · -€1.6m-€657,861
Cash
€1.0m
2024 · €742,542+€291,141
Balance sheet total
€11.6m
2024 · €12.2m-€608,304
Largest movements
Assets
- Stocks and contracts -€481,129
down €481,129 (-18.7%), from €2.6m to €2.1m
- Cash +€291,141
up €291,141 (+39.2%), from €742,542 to €1.0m
mainly Depreciation (+€532,576) and Other debts (+€527,180)
- Receivables within one year -€250,646
down €250,646 (-41.6%), from €603,003 to €352,357
of which Trade receivables: -€250,762
- Tangible fixed assets -€197,960
down €197,960 (-3.8%), from €5.3m to €5.1m
of which Leasing and similar rights: -€220,000
Equity and liabilities
- Profit (loss) carried forward -€657,861
down €657,861 (-13.1%), from -€5.0m to -€5.7m
- Other debts +€527,180
up €527,180 (+18.1%), from €2.9m to €3.4m
- Debts after one year -€292,569
down €292,569 (-6.3%), from €4.6m to €4.4m
- Accrued charges and deferred income -€148,059
down €148,059 (-4.7%), from €3.1m to €3.0m
Income statement
- Turnover -€1.5m
down €1.5m (-8.8%), from €16.8m to €15.3m
- Staff costs -€602,829
down €602,829 (-17.8%), from €3.4m to €2.8m
- Services and other goods -€445,677
down €445,677 (-5.8%), from €7.7m to €7.3m
- Goods and materials -€382,385
down €382,385 (-7.0%), from €5.5m to €5.1m
of which Purchases: -€1.1m
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
-€508,330
Turnover
-€1.5m
Other operating income
-€15,982
Goods and materials
+€382,385
Services and other goods
+€445,677
Staff costs
+€602,829
Depreciation
-€19,469
Write-downs
+€87,405
Provisions
-€73,518
Other operating charges
-€16,824
Other operating items
-€130,101
Financial income
-€6,305
Financial charges
+€79,814
Taxes
-€4,367
Result 2025
-€657,861
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
+€832,316
Investment
-€273,074
Financing
-€268,100
Cash 2024
€742,542
From operations (derived)
+€832,316
Net result for the year
-€657,861
Depreciation
+€532,576
Stocks and contracts
+€481,129
Receivables within one year
+€250,646
Deferred charges and accrued income
-€91,831
Trade debts
-€63,286
Tax, wage and social debts
+€1,823
Other debts
+€527,180
Accrued charges and deferred income
-€148,059
Investment (derived)
-€273,074
Investment in fixed assets (net)
-€273,074
Financing
-€268,100
Debts after one year
-€292,569
Current portion of long-term debt
+€24,469
Cash 2025
€1.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,166,623 | €11,558,319 | -€608,304 | -5.0% |
| Fixed assets | 21/28 | €8,135,285 | €7,875,783 | -€259,502 | -3.2% |
| Intangible fixed assets | 21 | €431,485 | €369,936 | -€61,549 | -14.3% |
| Tangible fixed assets | 22/27 | €5,254,721 | €5,056,762 | -€197,960 | -3.8% |
| Plant, machinery and equipment | 23 | €189,604 | €213,984 | +€24,380 | +12.9% |
| Furniture and vehicles | 24 | €5,117 | €2,777 | -€2,339 | -45.7% |
| Leasing and similar rights | 25 | €5,060,000 | €4,840,000 | -€220,000 | -4.3% |
| Financial fixed assets | 28 | €2,449,079 | €2,449,085 | +€7 | 0.0% |
| Affiliated companies | 280/1 | €2,447,736 | €2,447,736 | = | 0.0% |
| Participating interests | 280 | €2,447,736 | €2,447,736 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,343 | €1,349 | +€7 | +0.5% |
| Amounts receivable and cash guarantees | 285/8 | €1,343 | €1,349 | +€7 | +0.5% |
| Current assets | 29/58 | €4,031,339 | €3,682,536 | -€348,803 | -8.7% |
| Stocks and contracts in progress | 3 | €2,567,698 | €2,086,569 | -€481,129 | -18.7% |
| Stocks | 30/36 | €2,567,698 | €2,086,569 | -€481,129 | -18.7% |
| Raw materials and consumables | 30/31 | €616,619 | €454,552 | -€162,067 | -26.3% |
| Finished goods | 33 | €1,528,712 | €1,413,884 | -€114,828 | -7.5% |
| Goods purchased for resale | 34 | €422,367 | €218,134 | -€204,234 | -48.4% |
| Amounts receivable within one year | 40/41 | €603,003 | €352,357 | -€250,646 | -41.6% |
| Trade receivables | 40 | €603,003 | €352,242 | -€250,762 | -41.6% |
| Other amounts receivable | 41 | - | €116 | +€116 | |
| Cash at bank and in hand | 54/58 | €742,542 | €1,033,683 | +€291,141 | +39.2% |
| Deferred charges and accrued income | 490/1 | €118,096 | €209,927 | +€91,831 | +77.8% |
| Total equity and liabilities | 10/49 | €12,166,623 | €11,558,319 | -€608,304 | -5.0% |
| Equity | 10/15 | -€1,589,796 | -€2,247,657 | -€657,861 | -41.4% |
| Contributions | 10/11 | €2,280,731 | €2,280,731 | = | 0.0% |
| Capital | 10 | €2,280,731 | €2,280,731 | = | 0.0% |
| Issued capital | 100 | €2,280,731 | €2,280,731 | = | 0.0% |
| Reserves | 13 | €1,144,025 | €1,144,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €228,073 | €228,073 | = | 0.0% |
| Legal reserve | 130 | €228,073 | €228,073 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,857 | €16,857 | = | 0.0% |
| Distributable reserves | 133 | €899,095 | €899,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,014,552 | -€5,672,413 | -€657,861 | -13.1% |
| Provisions and deferred taxes | 16 | €23,215 | €23,215 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,215 | €23,215 | = | 0.0% |
| Other liabilities and charges | 164/5 | €23,215 | €23,215 | = | 0.0% |
| Amounts payable | 17/49 | €13,733,205 | €13,782,761 | +€49,556 | +0.4% |
| Amounts payable after more than one year | 17 | €4,649,822 | €4,357,253 | -€292,569 | -6.3% |
| Financial debts | 170/4 | €4,649,822 | €4,357,253 | -€292,569 | -6.3% |
| Leasing and similar obligations | 172 | €4,649,822 | €4,357,253 | -€292,569 | -6.3% |
| Amounts payable within one year | 42/48 | €5,936,245 | €6,426,431 | +€490,185 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €526,714 | €551,183 | +€24,469 | +4.6% |
| Trade debts | 44 | €1,835,343 | €1,772,057 | -€63,286 | -3.4% |
| Suppliers | 440/4 | €1,835,343 | €1,772,057 | -€63,286 | -3.4% |
| Taxes, remuneration and social security | 45 | €658,159 | €659,982 | +€1,823 | +0.3% |
| Taxes | 450/3 | €362,151 | €283,545 | -€78,606 | -21.7% |
| Remuneration and social security | 454/9 | €296,007 | €376,436 | +€80,429 | +27.2% |
| Other amounts payable | 47/48 | €2,916,029 | €3,443,209 | +€527,180 | +18.1% |
| Accrued charges and deferred income | 492/3 | €3,147,137 | €2,999,077 | -€148,059 | -4.7% |
| Operating income | 70/76A | €17,174,858 | €15,429,050 | -€1.7m | -10.2% |
| Turnover | 70 | €16,760,855 | €15,279,781 | -€1.5m | -8.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €97,852 | -€114,828 | -€212,680 | |
| Other operating income | 74 | €68,418 | €52,436 | -€15,982 | -23.4% |
| Non-recurring operating income | 76A | €247,733 | €211,660 | -€36,073 | -14.6% |
| Operating charges | 60/66A | €17,259,685 | €15,732,548 | -€1.5m | -8.8% |
| Goods for resale, raw materials and consumables | 60 | €5,475,164 | €5,092,779 | -€382,385 | -7.0% |
| Purchases | 600/8 | €5,751,299 | €4,639,513 | -€1.1m | -19.3% |
| Change in stocks: decrease (increase) | 609 | -€276,135 | €453,266 | +€729,401 | |
| Services and other goods | 61 | €7,720,110 | €7,274,433 | -€445,677 | -5.8% |
| Remuneration, social security and pensions | 62 | €3,394,772 | €2,791,943 | -€602,829 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513,107 | €532,576 | +€19,469 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,152 | -€108,557 | -€87,405 | -413.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€73,518 | €0 | +€73,518 | |
| Other operating charges | 640/8 | €111,734 | €128,558 | +€16,824 | +15.1% |
| Non-recurring operating charges | 66A | €139,467 | €20,815 | -€118,652 | -85.1% |
| Operating profit (loss) | 9901 | -€84,826 | -€303,498 | -€218,672 | -257.8% |
| Financial income | 75/76B | €15,317 | €9,011 | -€6,305 | -41.2% |
| Recurring financial income | 75 | €15,317 | €9,011 | -€6,305 | -41.2% |
| Other financial income | 752/9 | €15,317 | €9,011 | -€6,305 | -41.2% |
| Financial charges | 65/66B | €440,311 | €360,497 | -€79,814 | -18.1% |
| Recurring financial charges | 65 | €440,311 | €360,497 | -€79,814 | -18.1% |
| Debt charges | 650 | €350,235 | €329,672 | -€20,563 | -5.9% |
| Other financial charges | 652/9 | €90,077 | €30,826 | -€59,251 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | -€509,821 | -€654,984 | -€145,163 | -28.5% |
| Income taxes | 67/77 | -€1,490 | €2,877 | +€4,367 | |
| Taxes | 670/3 | €3,260 | €2,877 | -€383 | -11.7% |
| Tax adjustments and reversals of tax provisions | 77 | €4,750 | - | -€4,750 | |
| Profit (loss) for the period | 9904 | -€508,330 | -€657,861 | -€149,530 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€508,330 | -€657,861 | -€149,530 | -29.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.