NEW MUST COMPUTER: 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.
NEW MUST COMPUTER
Largest movements
- Receivables within one year +€6,926
up €6,926 (+19.2%), from €36,019 to €42,945
of which Trade receivables: +€5,652
- Cash +€5,712
up €5,712 (+437.0%), from €1,307 to €7,019
mainly Net result for the year (+€13,214) and Trade debts (+€6,468)
- Stocks and contracts +€1,675
up €1,675 (+4.5%), from €37,079 to €38,754
- Deferred charges and accrued income +€1,243
new in 2025: €1,243
- Profit (loss) carried forward +€13,214
up €13,214 (+60.1%), from -€21,976 to -€8,762
- Trade debts +€6,468
up €6,468 (+8.0%), from €80,825 to €87,293
- Tax, wage and social debts -€4,617
down €4,617 (-28.2%), from €16,398 to €11,781
of which Taxes: -€9,143
- Gross operating margin -€8,792
down €8,792 (-11.0%), from €79,657 to €70,865
- Staff costs -€7,259
down €7,259 (-12.2%), from €59,663 to €52,404
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 | €90,007 | €104,572 | +€14,565 | +16.2% |
| Fixed assets | 21/28 | €15,602 | €14,611 | -€991 | -6.4% |
| Tangible fixed assets | 22/27 | €3,239 | €2,248 | -€991 | -30.6% |
| Plant, machinery and equipment | 23 | €3,239 | €2,248 | -€991 | -30.6% |
| Financial fixed assets | 28 | €12,363 | €12,363 | = | 0.0% |
| Current assets | 29/58 | €74,405 | €89,961 | +€15,556 | +20.9% |
| Stocks and contracts in progress | 3 | €37,079 | €38,754 | +€1,675 | +4.5% |
| Stocks | 30/36 | €37,079 | €38,754 | +€1,675 | +4.5% |
| Amounts receivable within one year | 40/41 | €36,019 | €42,945 | +€6,926 | +19.2% |
| Trade receivables | 40 | €30,418 | €36,070 | +€5,652 | +18.6% |
| Other amounts receivable | 41 | €5,601 | €6,875 | +€1,274 | +22.7% |
| Cash at bank and in hand | 54/58 | €1,307 | €7,019 | +€5,712 | +437.0% |
| Deferred charges and accrued income | 490/1 | - | €1,243 | +€1,243 | |
| Total equity and liabilities | 10/49 | €90,007 | €104,572 | +€14,565 | +16.2% |
| Equity | 10/15 | -€7,716 | €5,498 | +€13,214 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,976 | -€8,762 | +€13,214 | +60.1% |
| Amounts payable | 17/49 | €97,723 | €99,074 | +€1,351 | +1.4% |
| Amounts payable within one year | 42/48 | €97,723 | €99,074 | +€1,351 | +1.4% |
| Trade debts | 44 | €80,825 | €87,293 | +€6,468 | +8.0% |
| Suppliers | 440/4 | €80,825 | €87,293 | +€6,468 | +8.0% |
| Taxes, remuneration and social security | 45 | €16,398 | €11,781 | -€4,617 | -28.2% |
| Taxes | 450/3 | €10,623 | €1,480 | -€9,143 | -86.1% |
| Remuneration and social security | 454/9 | €5,775 | €10,301 | +€4,526 | +78.4% |
| Other amounts payable | 47/48 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €59,663 | €52,404 | -€7,259 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,085 | €991 | -€94 | -8.7% |
| Other operating charges | 640/8 | €2,211 | €2,438 | +€227 | +10.3% |
| Non-recurring operating charges | 66A | €654 | €1,041 | +€387 | +59.2% |
| Gross operating margin | 9900 | €79,657 | €70,865 | -€8,792 | -11.0% |
| Operating profit (loss) | 9901 | €16,044 | €13,991 | -€2,053 | -12.8% |
| Financial charges | 65/66B | €800 | €635 | -€165 | -20.6% |
| Recurring financial charges | 65 | €800 | €635 | -€165 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €15,244 | €13,356 | -€1,888 | -12.4% |
| Income taxes | 67/77 | €180 | €142 | -€38 | -21.1% |
| Profit (loss) for the period | 9904 | €15,064 | €13,214 | -€1,850 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,064 | €13,214 | -€1,850 | -12.3% |
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 10 October 2026 via checked.be.