Mystic Engineering: 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.
Mystic Engineering
Largest movements
- Receivables within one year -€38,091
down €38,091 (-77.7%), from €49,011 to €10,920
of which Trade receivables: -€42,733
- Cash -€2,236
down €2,236 (-23.5%), from €9,509 to €7,273
mainly Net result for the year (-€53,019) and Tax, wage and social debts (-€6,306)
- Tangible fixed assets -€2,090
down €2,090 (-42.7%), from €4,893 to €2,804
of which Furniture and vehicles: -€1,668
- Deferred charges and accrued income +€1,169
up €1,169 (+161%), from €724 to €1,894
- Profit (loss) carried forward -€53,019
down €53,019, from €25,486 to -€27,533
- Other debts +€18,204
up €18,204 (+86.1%), from €21,143 to €39,346
- Tax, wage and social debts -€6,306
down €6,306 (-83.5%), from €7,556 to €1,250
of which Taxes: -€7,556
- Trade debts -€1,031
down €1,031 (-30.0%), from €3,437 to €2,406
- Accrued charges and deferred income +€906
up €906 (+286%), from €316 to €1,222
- Gross operating margin -€45,297
down €45,297 (-3,757%), from -€1,206 to -€46,503
- Financial charges +€2,252
up €2,252 (+148%), from €1,518 to €3,770
- Taxes -€1,927
down €1,927, from €1,839 to -€88
- Depreciation +€1,105
up €1,105 (+82.3%), from €1,342 to €2,447
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,138 | €22,891 | -€41,247 | -64.3% |
| Fixed assets | 21/28 | €4,893 | €2,804 | -€2,090 | -42.7% |
| Tangible fixed assets | 22/27 | €4,893 | €2,804 | -€2,090 | -42.7% |
| Plant, machinery and equipment | 23 | €514 | €93 | -€421 | -82.0% |
| Furniture and vehicles | 24 | €4,379 | €2,711 | -€1,668 | -38.1% |
| Current assets | 29/58 | €59,245 | €20,087 | -€39,158 | -66.1% |
| Amounts receivable within one year | 40/41 | €49,011 | €10,920 | -€38,091 | -77.7% |
| Trade receivables | 40 | €42,733 | - | -€42,733 | |
| Other amounts receivable | 41 | €6,277 | €10,920 | +€4,643 | +74.0% |
| Cash at bank and in hand | 54/58 | €9,509 | €7,273 | -€2,236 | -23.5% |
| Deferred charges and accrued income | 490/1 | €724 | €1,894 | +€1,169 | +161% |
| Total equity and liabilities | 10/49 | €64,138 | €22,891 | -€41,247 | -64.3% |
| Equity | 10/15 | €31,686 | -€21,333 | -€53,019 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,486 | -€27,533 | -€53,019 | |
| Amounts payable | 17/49 | €32,452 | €44,224 | +€11,772 | +36.3% |
| Amounts payable within one year | 42/48 | €32,136 | €43,002 | +€10,866 | +33.8% |
| Trade debts | 44 | €3,437 | €2,406 | -€1,031 | -30.0% |
| Suppliers | 440/4 | €3,437 | €2,406 | -€1,031 | -30.0% |
| Taxes, remuneration and social security | 45 | €7,556 | €1,250 | -€6,306 | -83.5% |
| Taxes | 450/3 | €7,556 | - | -€7,556 | |
| Remuneration and social security | 454/9 | - | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €21,143 | €39,346 | +€18,204 | +86.1% |
| Accrued charges and deferred income | 492/3 | €316 | €1,222 | +€906 | +286% |
| Non-recurring operating income | 76A | €8,800 | €2,834 | -€5,966 | -67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €2,447 | +€1,105 | +82.3% |
| Other operating charges | 640/8 | - | €427 | +€427 | |
| Gross operating margin | 9900 | -€1,206 | -€46,503 | -€45,297 | -3,757% |
| Operating profit (loss) | 9901 | -€2,548 | -€49,377 | -€46,829 | -1,838% |
| Financial income | 75/76B | €0 | €40 | +€40 | +402,000% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +402,000% |
| Financial charges | 65/66B | €1,518 | €3,770 | +€2,252 | +148% |
| Recurring financial charges | 65 | €1,518 | €3,770 | +€2,252 | +148% |
| Profit (loss) for the period before taxes | 9903 | -€4,066 | -€53,107 | -€49,041 | -1,206% |
| Income taxes | 67/77 | €1,839 | -€88 | -€1,927 | |
| Profit (loss) for the period | 9904 | -€5,905 | -€53,019 | -€47,114 | -798% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,905 | -€53,019 | -€47,114 | -798% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.