Mystique: 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.
Mystique
Largest movements
- Receivables within one year -€31,144
down €31,144 (-51.0%), from €61,073 to €29,929
of which Trade receivables: -€27,387
- Tangible fixed assets -€14,902
down €14,902 (-84.2%), from €17,698 to €2,795
of which Furniture and vehicles: -€14,596
- Cash -€1,026
down €1,026 (-78.4%), from €1,308 to €282
mainly Net result for the year (-€118,678) and Other debts (-€24,619)
- Profit (loss) carried forward -€118,678
down €118,678 (-37.5%), from -€316,626 to -€435,303
- Trade debts +€89,108
up €89,108 (+2,565%), from €3,474 to €92,582
- Other debts -€24,619
down €24,619 (-58.9%), from €41,777 to €17,158
- Tax, wage and social debts +€17,239
up €17,239 (+31.3%), from €55,025 to €72,264
of which Remuneration and social security: +€14,524
- Current portion of long-term debt -€10,333
down €10,333 (-60.2%), from €17,176 to €6,843
- Gross operating margin -€209,881
down €209,881 (-43.8%), from €479,238 to €269,357
- Staff costs -€39,104
down €39,104 (-9.7%), from €401,101 to €361,998
- Depreciation -€5,135
down €5,135 (-25.6%), from €20,037 to €14,902
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 | €83,874 | €36,133 | -€47,741 | -56.9% |
| Fixed assets | 21/28 | €19,974 | €5,071 | -€14,902 | -74.6% |
| Tangible fixed assets | 22/27 | €17,698 | €2,795 | -€14,902 | -84.2% |
| Land and buildings | 22 | €920 | €613 | -€307 | -33.3% |
| Furniture and vehicles | 24 | €16,778 | €2,182 | -€14,596 | -87.0% |
| Financial fixed assets | 28 | €2,276 | €2,276 | = | 0.0% |
| Current assets | 29/58 | €63,900 | €31,062 | -€32,839 | -51.4% |
| Amounts receivable within one year | 40/41 | €61,073 | €29,929 | -€31,144 | -51.0% |
| Trade receivables | 40 | €57,317 | €29,929 | -€27,387 | -47.8% |
| Other amounts receivable | 41 | €3,757 | €0 | -€3,757 | -100% |
| Cash at bank and in hand | 54/58 | €1,308 | €282 | -€1,026 | -78.4% |
| Deferred charges and accrued income | 490/1 | €1,519 | €850 | -€670 | -44.1% |
| Total equity and liabilities | 10/49 | €83,874 | €36,133 | -€47,741 | -56.9% |
| Equity | 10/15 | -€83,026 | -€201,703 | -€118,678 | -143% |
| Contributions | 10/11 | €233,600 | €233,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,626 | -€435,303 | -€118,678 | -37.5% |
| Amounts payable | 17/49 | €166,900 | €237,836 | +€70,936 | +42.5% |
| Amounts payable after more than one year | 17 | €7,434 | €591 | -€6,843 | -92.1% |
| Financial debts | 170/4 | €7,434 | €591 | -€6,843 | -92.1% |
| Amounts payable within one year | 42/48 | €159,466 | €237,245 | +€77,779 | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €17,176 | €6,843 | -€10,333 | -60.2% |
| Financial debts | 43 | €42,014 | €48,398 | +€6,384 | +15.2% |
| Credit institutions | 430/8 | €42,014 | €48,398 | +€6,384 | +15.2% |
| Trade debts | 44 | €3,474 | €92,582 | +€89,108 | +2,565% |
| Suppliers | 440/4 | €3,474 | €92,582 | +€89,108 | +2,565% |
| Taxes, remuneration and social security | 45 | €55,025 | €72,264 | +€17,239 | +31.3% |
| Taxes | 450/3 | €14,347 | €17,063 | +€2,716 | +18.9% |
| Remuneration and social security | 454/9 | €40,678 | €55,202 | +€14,524 | +35.7% |
| Other amounts payable | 47/48 | €41,777 | €17,158 | -€24,619 | -58.9% |
| Non-recurring operating income | 76A | €9,510 | €0 | -€9,510 | -100% |
| Remuneration, social security and pensions | 62 | €401,101 | €361,998 | -€39,104 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,037 | €14,902 | -€5,135 | -25.6% |
| Other operating charges | 640/8 | €1,116 | €1,499 | +€383 | +34.3% |
| Gross operating margin | 9900 | €479,238 | €269,357 | -€209,881 | -43.8% |
| Operating profit (loss) | 9901 | €56,983 | -€109,042 | -€166,025 | |
| Financial income | 75/76B | €544 | €106 | -€438 | -80.6% |
| Recurring financial income | 75 | €544 | €106 | -€438 | -80.6% |
| Financial charges | 65/66B | €7,294 | €9,306 | +€2,012 | +27.6% |
| Recurring financial charges | 65 | €7,294 | €9,306 | +€2,012 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €50,233 | -€118,242 | -€168,475 | |
| Income taxes | 67/77 | €538 | €436 | -€102 | -19.0% |
| Profit (loss) for the period | 9904 | €49,695 | -€118,678 | -€168,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,695 | -€118,678 | -€168,373 |
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 18 October 2026 via checked.be.