P. Myten: 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.
P. Myten
Largest movements
- Cash +€10,613
up €10,613 (+30.3%), from €34,969 to €45,581
mainly Net result for the year (+€14,597) and Receivables within one year (+€4,075)
- Current investments +€6,000
up €6,000 (+1,230%), from €488 to €6,488
- Receivables within one year -€4,075
down €4,075 (-27.6%), from €14,772 to €10,697
of which Trade receivables: -€6,820
- Tangible fixed assets +€1,856
up €1,856 (+30.3%), from €6,131 to €7,987
of which Plant, machinery and equipment: +€2,318
- Reserves +€14,597
up €14,597 (+29.7%), from €49,196 to €63,793
- Gross operating margin -€3,646
down €3,646 (-14.2%), from €25,685 to €22,039
- Taxes -€911
down €911 (-17.6%), from €5,166 to €4,255
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 | €56,607 | €70,753 | +€14,146 | +25.0% |
| Fixed assets | 21/28 | €6,131 | €7,987 | +€1,856 | +30.3% |
| Tangible fixed assets | 22/27 | €6,131 | €7,987 | +€1,856 | +30.3% |
| Plant, machinery and equipment | 23 | - | €2,318 | +€2,318 | |
| Furniture and vehicles | 24 | €6,131 | €5,668 | -€462 | -7.5% |
| Current assets | 29/58 | €50,476 | €62,766 | +€12,290 | +24.3% |
| Amounts receivable within one year | 40/41 | €14,772 | €10,697 | -€4,075 | -27.6% |
| Trade receivables | 40 | €12,938 | €6,118 | -€6,820 | -52.7% |
| Other amounts receivable | 41 | €1,834 | €4,579 | +€2,745 | +150% |
| Current investments | 50/53 | €488 | €6,488 | +€6,000 | +1,230% |
| Cash at bank and in hand | 54/58 | €34,969 | €45,581 | +€10,613 | +30.3% |
| Deferred charges and accrued income | 490/1 | €247 | - | -€247 | |
| Total equity and liabilities | 10/49 | €56,607 | €70,753 | +€14,146 | +25.0% |
| Equity | 10/15 | €51,696 | €66,293 | +€14,597 | +28.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,196 | €63,793 | +€14,597 | +29.7% |
| Distributable reserves | 133 | €49,196 | €63,793 | +€14,597 | +29.7% |
| Amounts payable | 17/49 | €4,910 | €4,460 | -€450 | -9.2% |
| Amounts payable within one year | 42/48 | €4,910 | €4,460 | -€450 | -9.2% |
| Trade debts | 44 | €1,710 | €1,261 | -€450 | -26.3% |
| Suppliers | 440/4 | €1,710 | €1,261 | -€450 | -26.3% |
| Taxes, remuneration and social security | 45 | €1,842 | €2,326 | +€484 | +26.3% |
| Taxes | 450/3 | €1,842 | €2,326 | +€484 | +26.3% |
| Other amounts payable | 47/48 | €1,358 | €873 | -€484 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,028 | €2,175 | +€148 | +7.3% |
| Other operating charges | 640/8 | €925 | €952 | +€27 | +2.9% |
| Gross operating margin | 9900 | €25,685 | €22,039 | -€3,646 | -14.2% |
| Operating profit (loss) | 9901 | €22,732 | €18,911 | -€3,821 | -16.8% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €80 | €116 | +€35 | +43.9% |
| Recurring financial charges | 65 | €80 | €116 | +€35 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €22,652 | €18,851 | -€3,800 | -16.8% |
| Income taxes | 67/77 | €5,166 | €4,255 | -€911 | -17.6% |
| Profit (loss) for the period | 9904 | €17,486 | €14,597 | -€2,889 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,486 | €14,597 | -€2,889 | -16.5% |
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 13 October 2026 via checked.be.