MYRRHA: 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
MYRRHA
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €2.1m-€873,011
Equity
€301.1m
2024 · €275.3m+€25.9m
Cash
€9.5m
2024 · €36.6m-€27.1m
Balance sheet total
€316.4m
2024 · €287.8m+€28.6m
Largest movements
Assets
- Tangible fixed assets +€35.1m
up €35.1m (+30.6%), from €114.9m to €150.0m
of which Assets under construction and advance payments: +€35.1m
- Cash -€27.1m
down €27.1m (-74.0%), from €36.6m to €9.5m
mainly Investment in fixed assets (net) (-€35.1m) and Current investments (-€17.4m)
- Current investments +€17.4m
up €17.4m (+12.9%), from €134.5m to €151.9m
Equity and liabilities
- Contributions +€24.6m
up €24.6m (+8.9%), from €276.4m to €301.0m
Income statement
No income-statement line moved by more than 1% of the activity.
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
€2.1m
Staff costs
-€1,199
Depreciation
-€182
Other operating charges
+€646
Other operating items
+€246,431
Financial income
-€1.6m
Financial charges
+€623
Taxes
+€480,183
Result 2025
€1.3m
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
+€857,073
Investment
-€52.5m
Financing
+€24.6m
Cash 2024
€36.6m
From operations (derived)
+€857,073
Net result for the year
+€1.3m
Depreciation
+€15,975
Receivables within one year
-€2.7m
Deferred charges and accrued income
-€502,050
Trade debts
+€2.7m
Tax, wage and social debts
+€770
Investment (derived)
-€52.5m
Investment in fixed assets (net)
-€35.1m
Current investments
-€17.4m
Financing
+€24.6m
Contributions, distributions and other
+€24.6m
Cash 2025
€9.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €287,811,990 | €316,418,985 | +€28.6m | +9.9% |
| Fixed assets | 21/28 | €114,897,029 | €149,998,484 | +€35.1m | +30.6% |
| Tangible fixed assets | 22/27 | €114,897,029 | €149,998,484 | +€35.1m | +30.6% |
| Plant, machinery and equipment | 23 | €26,887 | €13,967 | -€12,920 | -48.1% |
| Furniture and vehicles | 24 | €10,235 | €9,030 | -€1,205 | -11.8% |
| Assets under construction and advance payments | 27 | €114,859,908 | €149,975,488 | +€35.1m | +30.6% |
| Current assets | 29/58 | €172,914,960 | €166,420,501 | -€6.5m | -3.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,407,964 | €4,071,812 | +€2.7m | +189% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,407,964 | €4,071,812 | +€2.7m | +189% |
| Current investments | 50/53 | €134,500,000 | €151,900,000 | +€17.4m | +12.9% |
| Cash at bank and in hand | 54/58 | €36,587,873 | €9,527,516 | -€27.1m | -74.0% |
| Deferred charges and accrued income | 490/1 | €419,123 | €921,173 | +€502,050 | +120% |
| Total equity and liabilities | 10/49 | €287,811,990 | €316,418,985 | +€28.6m | +9.9% |
| Equity | 10/15 | €275,270,351 | €301,132,804 | +€25.9m | +9.4% |
| Contributions | 10/11 | €276,400,000 | €301,000,000 | +€24.6m | +8.9% |
| Capital | 10 | €276,400,000 | €301,000,000 | +€24.6m | +8.9% |
| Profit (loss) carried forward | 14 | -€1,129,649 | €132,804 | +€1.3m | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €12,541,639 | €15,286,182 | +€2.7m | +21.9% |
| Amounts payable within one year | 42/48 | €12,541,639 | €15,286,182 | +€2.7m | +21.9% |
| Trade debts | 44 | €12,501,424 | €15,245,197 | +€2.7m | +21.9% |
| Suppliers | 440/4 | €12,501,424 | €15,245,197 | +€2.7m | +21.9% |
| Taxes, remuneration and social security | 45 | €40,214 | €40,984 | +€770 | +1.9% |
| Taxes | 450/3 | €159 | €252 | +€94 | +58.9% |
| Remuneration and social security | 454/9 | €40,056 | €40,732 | +€677 | +1.7% |
| Operating income | 70/76A | €23,604 | €11,882 | -€11,722 | -49.7% |
| Other operating income | 74 | €23,604 | €11,882 | -€11,722 | -49.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €1,106,252 | €848,832 | -€257,420 | -23.3% |
| Services and other goods | 61 | €679,311 | €405,234 | -€274,077 | -40.3% |
| Remuneration, social security and pensions | 62 | €426,424 | €427,623 | +€1,199 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,793 | €15,975 | +€182 | +1.2% |
| Other operating charges | 640/8 | €646 | €0 | -€646 | -100% |
| Operating profit (loss) | 9901 | -€1,082,647 | -€836,950 | +€245,697 | +22.7% |
| Financial income | 75/76B | €4,602,087 | €3,002,572 | -€1.6m | -34.8% |
| Recurring financial income | 75 | €4,602,087 | €3,002,572 | -€1.6m | -34.8% |
| Income from current assets | 751 | €4,602,087 | €3,002,572 | -€1.6m | -34.8% |
| Other financial income | 752/9 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,829 | €2,206 | -€623 | -22.0% |
| Recurring financial charges | 65 | €2,829 | €2,206 | -€623 | -22.0% |
| Debt charges | 650 | €2,829 | €2,206 | -€623 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €3,516,610 | €2,163,416 | -€1.4m | -38.5% |
| Income taxes | 67/77 | €1,381,147 | €900,964 | -€480,183 | -34.8% |
| Taxes | 670/3 | €1,381,147 | €900,964 | -€480,183 | -34.8% |
| Profit (loss) for the period | 9904 | €2,135,464 | €1,262,452 | -€873,011 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,135,464 | €1,262,452 | -€873,011 | -40.9% |
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 23 October 2026 via checked.be.