Be Muse: what changed
Be Muse
Largest movements
- Tangible fixed assets -€6,845
down €6,845 (-12.6%), from €54,207 to €47,362
of which Other tangible fixed assets: -€5,528
- Receivables within one year -€1,584
down €1,584 (-100%), from €1,584 to €0
of which Other amounts receivable: -€1,584
- Profit (loss) carried forward -€11,476
down €11,476 (-52.0%), from -€22,069 to -€33,545
- Other debts +€5,066
up €5,066 (+2,533%), from €200 to €5,266
- Debts after one year -€3,175
down €3,175 (-5.9%), from €53,812 to €50,637
- Purchases and services -€10,149
no longer reported in 2025 (was €10,149)
- Gross operating margin +€8,507
up €8,507 (+83.8%), from -€10,149 to -€1,643
- Depreciation +€654
up €654 (+10.6%), from €6,191 to €6,845
- Financial charges +€396
up €396 (+18.1%), from €2,193 to €2,589
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,855 | €47,362 | -€8,493 | -15.2% |
| Fixed assets | 21/28 | €54,207 | €47,362 | -€6,845 | -12.6% |
| Tangible fixed assets | 22/27 | €54,207 | €47,362 | -€6,845 | -12.6% |
| Furniture and vehicles | 24 | €2,068 | €751 | -€1,317 | -63.7% |
| Other tangible fixed assets | 26 | €52,138 | €46,611 | -€5,528 | -10.6% |
| Current assets | 29/58 | €1,648 | €0 | -€1,648 | -100% |
| Amounts receivable within one year | 40/41 | €1,584 | €0 | -€1,584 | -100% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,584 | €0 | -€1,584 | -100% |
| Cash at bank and in hand | 54/58 | €64 | €0 | -€64 | -100% |
| Total equity and liabilities | 10/49 | €55,855 | €47,362 | -€8,493 | -15.2% |
| Equity | 10/15 | -€2,069 | -€13,545 | -€11,476 | -555% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,069 | -€33,545 | -€11,476 | -52.0% |
| Amounts payable | 17/49 | €57,924 | €60,907 | +€2,983 | +5.2% |
| Amounts payable after more than one year | 17 | €53,812 | €50,637 | -€3,175 | -5.9% |
| Financial debts | 170/4 | €53,812 | €50,637 | -€3,175 | -5.9% |
| Amounts payable within one year | 42/48 | €4,111 | €10,269 | +€6,158 | +150% |
| Current portion of amounts payable after more than one year | 42 | €3,040 | €3,175 | +€135 | +4.4% |
| Financial debts | 43 | - | €437 | +€437 | |
| Credit institutions | 430/8 | - | €437 | +€437 | |
| Trade debts | 44 | €871 | €1,392 | +€521 | +59.8% |
| Suppliers | 440/4 | €871 | €1,392 | +€521 | +59.8% |
| Other amounts payable | 47/48 | €200 | €5,266 | +€5,066 | +2,533% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,149 | - | -€10,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,191 | €6,845 | +€654 | +10.6% |
| Other operating charges | 640/8 | €451 | €400 | -€51 | -11.4% |
| Gross operating margin | 9900 | -€10,149 | -€1,643 | +€8,507 | +83.8% |
| Operating profit (loss) | 9901 | -€16,791 | -€8,887 | +€7,904 | +47.1% |
| Financial charges | 65/66B | €2,193 | €2,589 | +€396 | +18.1% |
| Recurring financial charges | 65 | €2,193 | €2,589 | +€396 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
| Profit (loss) for the period | 9904 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,984 | -€11,476 | +€7,508 | +39.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.