By Mimi: 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.
By Mimi
Largest movements
- Cash +€17,511
up €17,511 (+360%), from €4,863 to €22,374
mainly Net result for the year (+€15,797) and Tax, wage and social debts (+€3,359)
- Tangible fixed assets +€4,077
new in 2025: €4,077
of which Plant, machinery and equipment: +€2,515
- Deferred charges and accrued income -€2,472
down €2,472 (-89.7%), from €2,757 to €285
- Receivables within one year +€1,812
up €1,812 (+21.8%), from €8,329 to €10,141
of which Trade receivables: +€1,778
- Reserves +€15,797
up €15,797 (+387%), from €4,078 to €19,876
- Tax, wage and social debts +€3,359
up €3,359 (+72.6%), from €4,628 to €7,986
- Trade debts +€1,955
up €1,955 (+2,599%), from €75 to €2,030
- Gross operating margin +€15,782
up €15,782 (+290%), from €5,434 to €21,216
- Taxes +€3,389
up €3,389 (+251%), from €1,353 to €4,742
- Depreciation +€420
new in 2025: €420
- Financial charges +€253
up €253 (+7,833%), from €3 to €256
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 | €15,949 | €36,877 | +€20,928 | +131% |
| Fixed assets | 21/28 | - | €4,077 | +€4,077 | |
| Tangible fixed assets | 22/27 | - | €4,077 | +€4,077 | |
| Plant, machinery and equipment | 23 | - | €2,515 | +€2,515 | |
| Furniture and vehicles | 24 | - | €1,562 | +€1,562 | |
| Current assets | 29/58 | €15,949 | €32,800 | +€16,851 | +106% |
| Amounts receivable within one year | 40/41 | €8,329 | €10,141 | +€1,812 | +21.8% |
| Trade receivables | 40 | €8,250 | €10,028 | +€1,778 | +21.6% |
| Other amounts receivable | 41 | €79 | €113 | +€34 | +42.9% |
| Cash at bank and in hand | 54/58 | €4,863 | €22,374 | +€17,511 | +360% |
| Deferred charges and accrued income | 490/1 | €2,757 | €285 | -€2,472 | -89.7% |
| Total equity and liabilities | 10/49 | €15,949 | €36,877 | +€20,928 | +131% |
| Equity | 10/15 | €9,078 | €24,876 | +€15,797 | +174% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,078 | €19,876 | +€15,797 | +387% |
| Distributable reserves | 133 | €4,078 | €19,876 | +€15,797 | +387% |
| Amounts payable | 17/49 | €6,871 | €12,002 | +€5,131 | +74.7% |
| Amounts payable within one year | 42/48 | €6,471 | €11,602 | +€5,131 | +79.3% |
| Trade debts | 44 | €75 | €2,030 | +€1,955 | +2,599% |
| Suppliers | 440/4 | €75 | €2,030 | +€1,955 | +2,599% |
| Taxes, remuneration and social security | 45 | €4,628 | €7,986 | +€3,359 | +72.6% |
| Taxes | 450/3 | €4,628 | €7,986 | +€3,359 | +72.6% |
| Other amounts payable | 47/48 | €1,768 | €1,585 | -€183 | -10.3% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €420 | +€420 | |
| Gross operating margin | 9900 | €5,434 | €21,216 | +€15,782 | +290% |
| Operating profit (loss) | 9901 | €5,434 | €20,796 | +€15,362 | +283% |
| Financial charges | 65/66B | €3 | €256 | +€253 | +7,833% |
| Recurring financial charges | 65 | €3 | €256 | +€253 | +7,833% |
| Profit (loss) for the period before taxes | 9903 | €5,431 | €20,540 | +€15,109 | +278% |
| Income taxes | 67/77 | €1,353 | €4,742 | +€3,389 | +251% |
| Profit (loss) for the period | 9904 | €4,078 | €15,797 | +€11,719 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €4,078 | €15,797 | +€11,719 | +287% |
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 18 October 2026 via checked.be.