MYREAS: 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.
MYREAS
Largest movements
- Cash -€1.5m
down €1.5m (-47.3%), from €3.1m to €1.7m
mainly Contributions, distributions and other (-€2.5m) and Receivables within one year (-€246,617)
- Receivables within one year +€246,617
up €246,617 (+15.7%), from €1.6m to €1.8m
of which Trade receivables: +€191,871
- Profit (loss) carried forward -€1.5m
down €1.5m (-50.6%), from €2.9m to €1.5m
- Trade debts +€290,633
up €290,633 (+19.3%), from €1.5m to €1.8m
- Gross operating margin +€195,032
up €195,032 (+10.7%), from €1.8m to €2.0m
- Taxes +€52,030
up €52,030 (+17.8%), from €291,914 to €343,944
- Other operating charges -€39,285
down €39,285 (-99.5%), from €39,473 to €188
- Staff costs +€38,296
up €38,296 (+5.7%), from €675,977 to €714,272
- Financial income -€33,300
down €33,300 (-41.4%), from €80,527 to €47,228
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,711,998 | €3,469,935 | -€1.2m | -26.4% |
| Current assets | 29/58 | €4,711,998 | €3,469,935 | -€1.2m | -26.4% |
| Amounts receivable within one year | 40/41 | €1,567,667 | €1,814,283 | +€246,617 | +15.7% |
| Trade receivables | 40 | €1,558,072 | €1,749,943 | +€191,871 | +12.3% |
| Other amounts receivable | 41 | €9,595 | €64,341 | +€54,746 | +571% |
| Cash at bank and in hand | 54/58 | €3,144,332 | €1,655,652 | -€1.5m | -47.3% |
| Total equity and liabilities | 10/49 | €4,711,998 | €3,469,935 | -€1.2m | -26.4% |
| Equity | 10/15 | €3,163,701 | €1,672,005 | -€1.5m | -47.2% |
| Contributions | 10/11 | €218,250 | €218,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,945,451 | €1,453,755 | -€1.5m | -50.6% |
| Amounts payable | 17/49 | €1,548,298 | €1,797,930 | +€249,632 | +16.1% |
| Amounts payable within one year | 42/48 | €1,548,298 | €1,797,930 | +€249,632 | +16.1% |
| Trade debts | 44 | €1,506,622 | €1,797,255 | +€290,633 | +19.3% |
| Suppliers | 440/4 | €1,506,622 | €1,797,255 | +€290,633 | +19.3% |
| Taxes, remuneration and social security | 45 | €41,676 | €675 | -€41,001 | -98.4% |
| Taxes | 450/3 | €21,789 | - | -€21,789 | |
| Remuneration and social security | 454/9 | €19,887 | €675 | -€19,212 | -96.6% |
| Remuneration, social security and pensions | 62 | €675,977 | €714,272 | +€38,296 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,415 | - | -€3,415 | |
| Other operating charges | 640/8 | €39,473 | €188 | -€39,285 | -99.5% |
| Non-recurring operating charges | 66A | €0 | €0 | +€0 | +100% |
| Gross operating margin | 9900 | €1,827,313 | €2,022,345 | +€195,032 | +10.7% |
| Operating profit (loss) | 9901 | €1,108,448 | €1,307,885 | +€199,437 | +18.0% |
| Financial income | 75/76B | €80,527 | €47,228 | -€33,300 | -41.4% |
| Recurring financial income | 75 | €80,527 | €47,228 | -€33,300 | -41.4% |
| Financial charges | 65/66B | €1,136 | €2,864 | +€1,727 | +152% |
| Recurring financial charges | 65 | €1,136 | €2,864 | +€1,727 | +152% |
| Profit (loss) for the period before taxes | 9903 | €1,187,839 | €1,352,249 | +€164,410 | +13.8% |
| Income taxes | 67/77 | €291,914 | €343,944 | +€52,030 | +17.8% |
| Profit (loss) for the period | 9904 | €895,925 | €1,008,305 | +€112,380 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €895,925 | €1,008,305 | +€112,380 | +12.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.