MYTEK: what changed
Two fiscal 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.
MYTEK
Largest movements
- Receivables within one year -€17,426
down €17,426 (-47.3%), from €36,814 to €19,387
of which Trade receivables: -€21,663
- Cash +€13,467
up €13,467 (+14.4%), from €93,747 to €107,215
mainly Net result for the year (+€133,864) and Receivables within one year (+€17,426)
- Tangible fixed assets -€9,710
down €9,710 (-20.3%), from €47,789 to €38,079
of which Furniture and vehicles: -€9,271
- Other debts -€10,131
down €10,131 (-6.8%), from €150,090 to €139,958
- Profit (loss) carried forward -€6,058
no longer reported in 2025 (was €6,058)
- Tax, wage and social debts +€3,629
up €3,629 (+81.4%), from €4,457 to €8,086
- Gross operating margin -€75,670
down €75,670 (-19.8%), from €382,635 to €306,965
- Staff costs -€62,283
down €62,283 (-34.6%), from €179,838 to €117,555
- Depreciation +€8,254
up €8,254 (+224.7%), from €3,674 to €11,929
- Taxes -€6,014
down €6,014 (-13.0%), from €46,152 to €40,137
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.
Cash bridge derived
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 | €179,627 | €166,673 | -€12,954 | -7.2% |
| Fixed assets | 21/28 | €47,960 | €38,251 | -€9,710 | -20.2% |
| Tangible fixed assets | 22/27 | €47,789 | €38,079 | -€9,710 | -20.3% |
| Plant, machinery and equipment | 23 | €679 | €240 | -€438 | -64.6% |
| Furniture and vehicles | 24 | €47,110 | €37,839 | -€9,271 | -19.7% |
| Financial fixed assets | 28 | €172 | €172 | = | 0.0% |
| Current assets | 29/58 | €131,667 | €128,422 | -€3,245 | -2.5% |
| Amounts receivable within one year | 40/41 | €36,814 | €19,387 | -€17,426 | -47.3% |
| Trade receivables | 40 | €36,188 | €14,524 | -€21,663 | -59.9% |
| Other amounts receivable | 41 | €626 | €4,863 | +€4,237 | +677.0% |
| Cash at bank and in hand | 54/58 | €93,747 | €107,215 | +€13,467 | +14.4% |
| Deferred charges and accrued income | 490/1 | €1,106 | €1,820 | +€715 | +64.6% |
| Total equity and liabilities | 10/49 | €179,627 | €166,673 | -€12,954 | -7.2% |
| Equity | 10/15 | €24,658 | €18,600 | -€6,058 | -24.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,058 | - | -€6,058 | |
| Amounts payable | 17/49 | €154,969 | €148,073 | -€6,896 | -4.4% |
| Amounts payable within one year | 42/48 | €154,969 | €148,073 | -€6,896 | -4.4% |
| Trade debts | 44 | €422 | €29 | -€393 | -93.2% |
| Suppliers | 440/4 | €422 | €29 | -€393 | -93.2% |
| Taxes, remuneration and social security | 45 | €4,457 | €8,086 | +€3,629 | +81.4% |
| Taxes | 450/3 | €4,457 | €8,086 | +€3,629 | +81.4% |
| Other amounts payable | 47/48 | €150,090 | €139,958 | -€10,131 | -6.8% |
| Remuneration, social security and pensions | 62 | €179,838 | €117,555 | -€62,283 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,674 | €11,929 | +€8,254 | +224.7% |
| Other operating charges | 640/8 | €44 | €3,345 | +€3,301 | +7510.2% |
| Gross operating margin | 9900 | €382,635 | €306,965 | -€75,670 | -19.8% |
| Operating profit (loss) | 9901 | €199,079 | €174,137 | -€24,942 | -12.5% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.4% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.4% |
| Financial charges | 65/66B | €125 | €136 | +€11 | +9.0% |
| Recurring financial charges | 65 | €125 | €136 | +€11 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €198,961 | €174,002 | -€24,960 | -12.5% |
| Income taxes | 67/77 | €46,152 | €40,137 | -€6,014 | -13.0% |
| Profit (loss) for the period | 9904 | €152,810 | €133,864 | -€18,945 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €152,810 | €133,864 | -€18,945 | -12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.