PDO Myrtilles: 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.
What changed
PDO Myrtilles
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€17,956
2024 · -€174,737+€156,781
Equity
€2.4m
2024 · €2.4m-€17,956
Cash
€1,325
2024 · €6,376-€5,051
Balance sheet total
€6.6m
2024 · €6.6m+€22,493
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€148,732
up €148,732, from -€134,536 to €14,196
- Financial charges -€8,469
down €8,469 (-21.6%), from €39,234 to €30,765
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.
Result 2024
-€174,737
Gross operating margin
+€148,732
Other operating charges
-€31
Other operating items
-€389
Financial charges
+€8,469
Result 2025
-€17,956
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€27,901
Investment
€0
Financing
+€22,850
Cash 2024
€6,376
From operations (derived)
-€27,901
Net result for the year
-€17,956
Stocks and contracts
-€40,624
Receivables within one year
+€13,107
Deferred charges and accrued income
-€27
Trade debts
+€17,861
Tax, wage and social debts
-€263
Financing
+€22,850
Debts after one year
+€27,083
Current portion of long-term debt
-€4,233
Cash 2025
€1,325
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,563,825 | €6,586,318 | +€22,493 | +0.3% |
| Fixed assets | 21/28 | €484 | €484 | = | 0.0% |
| Financial fixed assets | 28 | €484 | €484 | = | 0.0% |
| Current assets | 29/58 | €6,563,341 | €6,585,834 | +€22,493 | +0.3% |
| Stocks and contracts in progress | 3 | €6,535,434 | €6,576,059 | +€40,624 | +0.6% |
| Stocks | 30/36 | €6,535,434 | €6,576,059 | +€40,624 | +0.6% |
| Amounts receivable within one year | 40/41 | €18,359 | €5,251 | -€13,107 | -71.4% |
| Trade receivables | 40 | €16,460 | €3,088 | -€13,372 | -81.2% |
| Other amounts receivable | 41 | €1,899 | €2,164 | +€265 | +14.0% |
| Cash at bank and in hand | 54/58 | €6,376 | €1,325 | -€5,051 | -79.2% |
| Deferred charges and accrued income | 490/1 | €3,173 | €3,199 | +€27 | +0.8% |
| Total equity and liabilities | 10/49 | €6,563,825 | €6,586,318 | +€22,493 | +0.3% |
| Equity | 10/15 | €2,437,021 | €2,419,065 | -€17,956 | -0.7% |
| Contributions | 10/11 | €2,820,000 | €2,820,000 | = | 0.0% |
| Capital | 10 | €2,820,000 | €2,820,000 | = | 0.0% |
| Issued capital | 100 | €2,820,000 | €2,820,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,979 | -€400,935 | -€17,956 | -4.7% |
| Amounts payable | 17/49 | €4,126,804 | €4,167,253 | +€40,449 | +1.0% |
| Amounts payable after more than one year | 17 | €2,175,555 | €2,202,639 | +€27,083 | +1.2% |
| Financial debts | 170/4 | €2,175,555 | €2,202,639 | +€27,083 | +1.2% |
| Amounts payable within one year | 42/48 | €1,951,249 | €1,964,615 | +€13,366 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €145,696 | €141,463 | -€4,233 | -2.9% |
| Financial debts | 43 | €1,800,000 | €1,800,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,800,000 | €1,800,000 | = | 0.0% |
| Trade debts | 44 | €5,290 | €23,151 | +€17,861 | +338% |
| Suppliers | 440/4 | €5,290 | €23,151 | +€17,861 | +338% |
| Taxes, remuneration and social security | 45 | €263 | - | -€263 | |
| Taxes | 450/3 | €263 | - | -€263 | |
| Non-recurring operating income | 76A | €1,250 | €30 | -€1,220 | -97.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €389 | +€389 | |
| Gross operating margin | 9900 | -€134,536 | €14,196 | +€148,732 | |
| Operating profit (loss) | 9901 | -€135,503 | €12,809 | +€148,312 | |
| Financial charges | 65/66B | €39,234 | €30,765 | -€8,469 | -21.6% |
| Recurring financial charges | 65 | €39,234 | €30,765 | -€8,469 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€174,737 | -€17,956 | +€156,781 | +89.7% |
| Profit (loss) for the period | 9904 | -€174,737 | -€17,956 | +€156,781 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€174,737 | -€17,956 | +€156,781 | +89.7% |
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 14 October 2026 via checked.be.