MYRTES: 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.
MYRTES
Largest movements
- Receivables within one year -€18,569
down €18,569 (-42.4%), from €43,777 to €25,208
of which Trade receivables: -€12,500
- Cash +€3,283
up €3,283 (+24.1%), from €13,623 to €16,906
mainly Receivables within one year (+€18,569) and Provisions (+€6,000)
- Reserves -€16,500
down €16,500 (-35.9%), from €45,973 to €29,473
- Provisions +€6,000
new in 2026: €6,000
- Short-term financial debts -€3,719
down €3,719 (-100%), from €3,719 to €0
- Trade debts -€1,881
down €1,881 (-83.2%), from €2,261 to €380
- Gross operating margin -€18,329
down €18,329, from €7,871 to -€10,458
- Provisions +€6,000
new in 2026: €6,000
- Taxes -€4,093
down €4,093 (-100%), from €4,093 to €0
- Financial income -€640
down €640 (-32.2%), from €1,990 to €1,350
- Financial charges -€230
down €230 (-48.9%), from €469 to €240
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 | €58,350 | €42,637 | -€15,713 | -26.9% |
| Fixed assets | 21/28 | €890 | €523 | -€366 | -41.2% |
| Tangible fixed assets | 22/27 | €890 | €523 | -€366 | -41.2% |
| Furniture and vehicles | 24 | €890 | €523 | -€366 | -41.2% |
| Current assets | 29/58 | €57,461 | €42,114 | -€15,347 | -26.7% |
| Amounts receivable within one year | 40/41 | €43,777 | €25,208 | -€18,569 | -42.4% |
| Trade receivables | 40 | €12,500 | €0 | -€12,500 | -100% |
| Other amounts receivable | 41 | €31,277 | €25,208 | -€6,069 | -19.4% |
| Cash at bank and in hand | 54/58 | €13,623 | €16,906 | +€3,283 | +24.1% |
| Deferred charges and accrued income | 490/1 | €61 | €0 | -€61 | -100% |
| Total equity and liabilities | 10/49 | €58,350 | €42,637 | -€15,713 | -26.9% |
| Equity | 10/15 | €52,173 | €36,062 | -€16,111 | -30.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,973 | €29,473 | -€16,500 | -35.9% |
| Distributable reserves | 133 | €45,973 | €29,473 | -€16,500 | -35.9% |
| Profit (loss) carried forward | 14 | - | €389 | +€389 | |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Other liabilities and charges | 164/5 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €6,178 | €575 | -€5,603 | -90.7% |
| Amounts payable within one year | 42/48 | €5,979 | €380 | -€5,599 | -93.6% |
| Financial debts | 43 | €3,719 | €0 | -€3,719 | -100% |
| Other loans | 439 | €3,719 | €0 | -€3,719 | -100% |
| Trade debts | 44 | €2,261 | €380 | -€1,881 | -83.2% |
| Suppliers | 440/4 | €2,261 | €380 | -€1,881 | -83.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €198 | €195 | -€3 | -1.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €366 | +€157 | +74.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €393 | €396 | +€4 | +0.9% |
| Gross operating margin | 9900 | €7,871 | -€10,458 | -€18,329 | |
| Operating profit (loss) | 9901 | €7,268 | -€17,221 | -€24,489 | |
| Financial income | 75/76B | €1,990 | €1,350 | -€640 | -32.2% |
| Recurring financial income | 75 | €1,990 | €1,350 | -€640 | -32.2% |
| Financial charges | 65/66B | €469 | €240 | -€230 | -48.9% |
| Recurring financial charges | 65 | €469 | €240 | -€230 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €8,789 | -€16,111 | -€24,900 | |
| Income taxes | 67/77 | €4,093 | €0 | -€4,093 | -100% |
| Profit (loss) for the period | 9904 | €4,696 | -€16,111 | -€20,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,696 | -€16,111 | -€20,807 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.