MYVO: 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.
MYVO
Largest movements
- Cash -€45,988
down €45,988 (-82.6%), from €55,672 to €9,684
- Tangible fixed assets -€33,337
down €33,337 (-5.8%), from €575,915 to €542,578
of which Land and buildings: -€20,132
- Deferred charges and accrued income -€12,297
down €12,297 (-100.0%), from €12,297 to €0
- Other debts -€259,210
down €259,210 (-60.9%), from €425,396 to €166,186
- Tax, wage and social debts +€122,717
up €122,717 (+68.8%), from €178,284 to €301,001
of which Remuneration and social security: +€73,735
- Current portion of long-term debt +€107,721
up €107,721 (+136.7%), from €78,785 to €186,505
- Trade debts -€66,841
down €66,841 (-36.3%), from €184,119 to €117,278
- Debts after one year -€49,063
down €49,063 (-49.5%), from €99,201 to €50,137
- Gross operating margin +€1.1m
up €1.1m (+94.4%), from €1.1m to €2.2m
- Staff costs +€951,142
up €951,142 (+88.6%), from €1.1m to €2.0m
- Depreciation +€32,768
up €32,768 (+82.0%), from €39,964 to €72,731
- Taxes +€23,152
up €23,152 (+236.4%), from €9,794 to €32,946
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,005,682 | €917,872 | -€87,810 | -8.7% |
| Fixed assets | 21/28 | €576,927 | €543,590 | -€33,337 | -5.8% |
| Tangible fixed assets | 22/27 | €575,915 | €542,578 | -€33,337 | -5.8% |
| Land and buildings | 22 | €376,377 | €356,245 | -€20,132 | -5.3% |
| Plant, machinery and equipment | 23 | €53,100 | €38,077 | -€15,023 | -28.3% |
| Furniture and vehicles | 24 | €35,923 | €48,356 | +€12,432 | +34.6% |
| Other tangible fixed assets | 26 | €110,515 | €99,900 | -€10,614 | -9.6% |
| Financial fixed assets | 28 | €1,012 | €1,012 | = | 0.0% |
| Current assets | 29/58 | €428,755 | €374,282 | -€54,473 | -12.7% |
| Amounts receivable within one year | 40/41 | €360,787 | €364,598 | +€3,812 | +1.1% |
| Trade receivables | 40 | €360,700 | €317,544 | -€43,156 | -12.0% |
| Other amounts receivable | 41 | €86 | €47,054 | +€46,968 | +54442.6% |
| Cash at bank and in hand | 54/58 | €55,672 | €9,684 | -€45,988 | -82.6% |
| Deferred charges and accrued income | 490/1 | €12,297 | €0 | -€12,297 | -100.0% |
| Total equity and liabilities | 10/49 | €1,005,682 | €917,872 | -€87,810 | -8.7% |
| Equity | 10/15 | €39,534 | €87,952 | +€48,418 | +122.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €25,952 | +€24,952 | +2495.2% |
| Non-distributable reserves | 130/1 | €1,000 | €6,200 | +€5,200 | +520.0% |
| Legal reserve | 130 | €1,000 | €6,200 | +€5,200 | +520.0% |
| Distributable reserves | 133 | - | €19,752 | +€19,752 | |
| Profit (loss) carried forward | 14 | -€23,466 | €0 | +€23,466 | |
| Amounts payable | 17/49 | €966,148 | €829,920 | -€136,228 | -14.1% |
| Amounts payable after more than one year | 17 | €99,201 | €50,137 | -€49,063 | -49.5% |
| Financial debts | 170/4 | €99,201 | €50,137 | -€49,063 | -49.5% |
| Amounts payable within one year | 42/48 | €866,584 | €770,970 | -€95,614 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €78,785 | €186,505 | +€107,721 | +136.7% |
| Trade debts | 44 | €184,119 | €117,278 | -€66,841 | -36.3% |
| Suppliers | 440/4 | €184,119 | €117,278 | -€66,841 | -36.3% |
| Taxes, remuneration and social security | 45 | €178,284 | €301,001 | +€122,717 | +68.8% |
| Taxes | 450/3 | €46,898 | €95,880 | +€48,982 | +104.4% |
| Remuneration and social security | 454/9 | €131,386 | €205,121 | +€73,735 | +56.1% |
| Other amounts payable | 47/48 | €425,396 | €166,186 | -€259,210 | -60.9% |
| Accrued charges and deferred income | 492/3 | €363 | €8,813 | +€8,450 | +2326.6% |
| Remuneration, social security and pensions | 62 | €1,073,498 | €2,024,640 | +€951,142 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,964 | €72,731 | +€32,768 | +82.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,930 | €0 | -€1,930 | -100.0% |
| Other operating charges | 640/8 | €4,424 | €5,586 | +€1,162 | +26.3% |
| Gross operating margin | 9900 | €1,144,944 | €2,226,190 | +€1.1m | +94.4% |
| Operating profit (loss) | 9901 | €25,129 | €123,233 | +€98,104 | +390.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €23,332 | €41,869 | +€18,537 | +79.4% |
| Recurring financial charges | 65 | €23,332 | €41,869 | +€18,537 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €1,797 | €81,364 | +€79,567 | +4428.1% |
| Income taxes | 67/77 | €9,794 | €32,946 | +€23,152 | +236.4% |
| Profit (loss) for the period | 9904 | -€7,998 | €48,418 | +€56,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,998 | €48,418 | +€56,415 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.