MYRMIDONS: 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.
MYRMIDONS
Largest movements
- Cash +€152,077
up €152,077 (+17.5%), from €868,963 to €1.0m
mainly Net result for the year (+€244,415) and Trade debts (+€73,980)
- Tangible fixed assets -€41,224
down €41,224 (-34.7%), from €118,932 to €77,708
of which Furniture and vehicles: -€49,747
- Deferred charges and accrued income +€33,101
up €33,101 (+129%), from €25,672 to €58,774
- Profit (loss) carried forward +€124,415
up €124,415 (+47.3%), from €263,178 to €387,593
- Trade debts +€73,980
up €73,980 (+59.8%), from €123,648 to €197,628
- Reserves -€60,000
down €60,000 (-8.9%), from €671,860 to €611,860
of which Distributable reserves: -€60,000
- Other debts +€52,857
up €52,857 (+44.0%), from €120,000 to €172,857
- Tax, wage and social debts -€52,171
down €52,171 (-11.7%), from €444,710 to €392,539
of which Taxes: -€72,428
- Staff costs +€308,188
up €308,188 (+12.6%), from €2.5m to €2.8m
- Gross operating margin +€114,903
up €114,903 (+3.6%), from €3.2m to €3.3m
- Taxes -€76,776
down €76,776 (-31.1%), from €246,995 to €170,219
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 | €1,665,726 | €1,792,773 | +€127,047 | +7.6% |
| Fixed assets | 21/28 | €120,910 | €79,686 | -€41,224 | -34.1% |
| Tangible fixed assets | 22/27 | €118,932 | €77,708 | -€41,224 | -34.7% |
| Furniture and vehicles | 24 | €98,745 | €48,998 | -€49,747 | -50.4% |
| Leasing and similar rights | 25 | €17,287 | €25,809 | +€8,523 | +49.3% |
| Other tangible fixed assets | 26 | €2,900 | €2,900 | = | 0.0% |
| Financial fixed assets | 28 | €1,978 | €1,978 | = | 0.0% |
| Current assets | 29/58 | €1,544,816 | €1,713,087 | +€168,271 | +10.9% |
| Amounts receivable within one year | 40/41 | €650,181 | €633,273 | -€16,907 | -2.6% |
| Trade receivables | 40 | €649,932 | €548,295 | -€101,637 | -15.6% |
| Other amounts receivable | 41 | €249 | €84,978 | +€84,730 | +34,094% |
| Cash at bank and in hand | 54/58 | €868,963 | €1,021,040 | +€152,077 | +17.5% |
| Deferred charges and accrued income | 490/1 | €25,672 | €58,774 | +€33,101 | +129% |
| Total equity and liabilities | 10/49 | €1,665,726 | €1,792,773 | +€127,047 | +7.6% |
| Equity | 10/15 | €953,638 | €1,018,053 | +€64,415 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €671,860 | €611,860 | -€60,000 | -8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €670,000 | €610,000 | -€60,000 | -9.0% |
| Profit (loss) carried forward | 14 | €263,178 | €387,593 | +€124,415 | +47.3% |
| Amounts payable | 17/49 | €712,088 | €774,720 | +€62,632 | +8.8% |
| Amounts payable after more than one year | 17 | €11,696 | €0 | -€11,696 | -100% |
| Financial debts | 170/4 | €11,696 | €0 | -€11,696 | -100% |
| Amounts payable within one year | 42/48 | €700,392 | €774,720 | +€74,328 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €12,034 | €11,696 | -€338 | -2.8% |
| Trade debts | 44 | €123,648 | €197,628 | +€73,980 | +59.8% |
| Suppliers | 440/4 | €123,648 | €197,628 | +€73,980 | +59.8% |
| Taxes, remuneration and social security | 45 | €444,710 | €392,539 | -€52,171 | -11.7% |
| Taxes | 450/3 | €124,213 | €51,785 | -€72,428 | -58.3% |
| Remuneration and social security | 454/9 | €320,497 | €340,754 | +€20,257 | +6.3% |
| Other amounts payable | 47/48 | €120,000 | €172,857 | +€52,857 | +44.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €2,455,327 | €2,763,515 | +€308,188 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,157 | €65,471 | -€4,686 | -6.7% |
| Other operating charges | 640/8 | €6,900 | €6,856 | -€44 | -0.6% |
| Gross operating margin | 9900 | €3,173,398 | €3,288,300 | +€114,903 | +3.6% |
| Operating profit (loss) | 9901 | €641,013 | €452,457 | -€188,555 | -29.4% |
| Financial income | 75/76B | €5,220 | €8,495 | +€3,275 | +62.7% |
| Recurring financial income | 75 | €1,696 | €8,495 | +€6,799 | +401% |
| Non-recurring financial income | 76B | €3,524 | - | -€3,524 | |
| Financial charges | 65/66B | €27,645 | €46,319 | +€18,673 | +67.5% |
| Recurring financial charges | 65 | €27,645 | €46,319 | +€18,673 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €618,587 | €414,634 | -€203,954 | -33.0% |
| Income taxes | 67/77 | €246,995 | €170,219 | -€76,776 | -31.1% |
| Profit (loss) for the period | 9904 | €371,592 | €244,415 | -€127,177 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €371,592 | €244,415 | -€127,177 | -34.2% |
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 27 October 2026 via checked.be.