DE MIDDELVELDEN: what changed
Two fiscal 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.
DE MIDDELVELDEN
Largest movements
- Financial fixed assets -€376,471
down €376,471 (-23.5%), from €1.6m to €1.2m
- Receivables after one year +€200,000
new in 2025: €200,000
- Receivables within one year +€185,758
up €185,758 (+54.0%), from €343,755 to €529,513
of which Other amounts receivable: +€195,438
- Cash +€162,240
up €162,240 (+467.9%), from €34,673 to €196,913
mainly Net result for the year (+€799,475) and Investment in fixed assets (net) (+€295,183)
- Tangible fixed assets +€60,866
up €60,866 (+217.2%), from €28,029 to €88,895
of which Furniture and vehicles: +€61,473
- Reserves +€799,475
up €799,475 (+111.1%), from €719,825 to €1.5m
- Debts after one year -€401,229
down €401,229 (-87.2%), from €459,981 to €58,752
of which Other amounts payable: -€288,405
- Current portion of long-term debt -€176,711
down €176,711 (-48.7%), from €362,769 to €186,058
- Financial income +€324,221
up €324,221 (+85.6%), from €378,750 to €702,971
of which Non-recurring financial income: +€318,529
- Gross operating margin +€99,605
up €99,605 (+58.0%), from €171,813 to €271,418
- Taxes +€59,104
up €59,104 (+75.6%), from €78,166 to €137,270
- Depreciation +€4,604
up €4,604 (+29.1%), from €15,817 to €20,421
- Financial charges -€2,739
down €2,739 (-15.2%), from €18,010 to €15,271
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 | €2,006,456 | €2,238,850 | +€232,394 | +11.6% |
| Fixed assets | 21/28 | €1,628,029 | €1,312,424 | -€315,605 | -19.4% |
| Tangible fixed assets | 22/27 | €28,029 | €88,895 | +€60,866 | +217.2% |
| Land and buildings | 22 | €3,110 | €2,872 | -€238 | -7.7% |
| Plant, machinery and equipment | 23 | €368 | €0 | -€368 | -100.0% |
| Furniture and vehicles | 24 | €24,550 | €86,023 | +€61,473 | +250.4% |
| Financial fixed assets | 28 | €1,600,000 | €1,223,529 | -€376,471 | -23.5% |
| Current assets | 29/58 | €378,427 | €926,425 | +€547,998 | +144.8% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Amounts receivable within one year | 40/41 | €343,755 | €529,513 | +€185,758 | +54.0% |
| Trade receivables | 40 | €25,005 | €15,325 | -€9,680 | -38.7% |
| Other amounts receivable | 41 | €318,750 | €514,188 | +€195,438 | +61.3% |
| Cash at bank and in hand | 54/58 | €34,673 | €196,913 | +€162,240 | +467.9% |
| Total equity and liabilities | 10/49 | €2,006,456 | €2,238,850 | +€232,394 | +11.6% |
| Equity | 10/15 | €1,138,425 | €1,937,900 | +€799,475 | +70.2% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Reserves | 13 | €719,825 | €1,519,300 | +€799,475 | +111.1% |
| Distributable reserves | 133 | €719,825 | €1,519,300 | +€799,475 | +111.1% |
| Amounts payable | 17/49 | €868,031 | €300,949 | -€567,082 | -65.3% |
| Amounts payable after more than one year | 17 | €459,981 | €58,752 | -€401,229 | -87.2% |
| Financial debts | 170/4 | €171,577 | €58,752 | -€112,824 | -65.8% |
| Other amounts payable | 178/9 | €288,405 | €0 | -€288,405 | -100.0% |
| Amounts payable within one year | 42/48 | €408,050 | €242,197 | -€165,853 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €362,769 | €186,058 | -€176,711 | -48.7% |
| Trade debts | 44 | €4,605 | €2,870 | -€1,736 | -37.7% |
| Suppliers | 440/4 | €4,605 | €2,870 | -€1,736 | -37.7% |
| Taxes, remuneration and social security | 45 | €36,977 | €53,270 | +€16,292 | +44.1% |
| Taxes | 450/3 | €36,977 | €53,270 | +€16,292 | +44.1% |
| Other amounts payable | 47/48 | €3,698 | €0 | -€3,698 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,817 | €20,421 | +€4,604 | +29.1% |
| Other operating charges | 640/8 | €1,185 | €1,952 | +€766 | +64.6% |
| Gross operating margin | 9900 | €171,813 | €271,418 | +€99,605 | +58.0% |
| Operating profit (loss) | 9901 | €154,811 | €249,045 | +€94,234 | +60.9% |
| Financial income | 75/76B | €378,750 | €702,971 | +€324,221 | +85.6% |
| Recurring financial income | 75 | €378,750 | €384,442 | +€5,692 | +1.5% |
| Non-recurring financial income | 76B | - | €318,529 | +€318,529 | |
| Financial charges | 65/66B | €18,010 | €15,271 | -€2,739 | -15.2% |
| Recurring financial charges | 65 | €18,010 | €15,271 | -€2,739 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €515,551 | €936,745 | +€421,194 | +81.7% |
| Income taxes | 67/77 | €78,166 | €137,270 | +€59,104 | +75.6% |
| Profit (loss) for the period | 9904 | €437,385 | €799,475 | +€362,090 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €437,385 | €799,475 | +€362,090 | +82.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.