De Mik: 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.
De Mik
Largest movements
- Receivables within one year -€45,097
down €45,097 (-33.0%), from €136,731 to €91,634
of which Trade receivables: -€50,371
- Tangible fixed assets -€14,084
down €14,084 (-6.5%), from €218,261 to €204,177
of which Land and buildings: -€15,862
- Other debts -€47,400
no longer reported in 2025 (was €47,400)
- Profit (loss) carried forward +€14,525
up €14,525 (+14.5%), from €100,167 to €114,692
- Debts after one year -€13,634
down €13,634 (-8.2%), from €166,612 to €152,978
- Trade debts -€7,365
down €7,365 (-91.6%), from €8,044 to €679
- Tax, wage and social debts -€5,152
down €5,152 (-30.9%), from €16,659 to €11,507
- Gross operating margin +€20,999
up €20,999 (+86.9%), from €24,162 to €45,160
- Depreciation -€8,518
down €8,518 (-31.6%), from €26,952 to €18,434
- Financial charges -€4,928
down €4,928 (-43.7%), from €11,273 to €6,345
- Taxes +€2,605
up €2,605 (+680%), from €383 to €2,988
- Other operating charges +€2,247
up €2,247 (+306%), from €734 to €2,980
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 | €360,166 | €301,550 | -€58,616 | -16.3% |
| Fixed assets | 21/28 | €223,261 | €209,177 | -€14,084 | -6.3% |
| Tangible fixed assets | 22/27 | €218,261 | €204,177 | -€14,084 | -6.5% |
| Land and buildings | 22 | €209,907 | €194,045 | -€15,862 | -7.6% |
| Plant, machinery and equipment | 23 | €1,208 | €886 | -€322 | -26.7% |
| Furniture and vehicles | 24 | €7,146 | €9,246 | +€2,100 | +29.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €136,905 | €92,373 | -€44,531 | -32.5% |
| Amounts receivable within one year | 40/41 | €136,731 | €91,634 | -€45,097 | -33.0% |
| Trade receivables | 40 | €126,551 | €76,180 | -€50,371 | -39.8% |
| Other amounts receivable | 41 | €10,179 | €15,454 | +€5,275 | +51.8% |
| Cash at bank and in hand | 54/58 | €174 | €739 | +€565 | +324% |
| Total equity and liabilities | 10/49 | €360,166 | €301,550 | -€58,616 | -16.3% |
| Equity | 10/15 | €108,227 | €122,752 | +€14,525 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,167 | €114,692 | +€14,525 | +14.5% |
| Amounts payable | 17/49 | €251,939 | €178,798 | -€73,141 | -29.0% |
| Amounts payable after more than one year | 17 | €166,612 | €152,978 | -€13,634 | -8.2% |
| Financial debts | 170/4 | €166,612 | €152,978 | -€13,634 | -8.2% |
| Amounts payable within one year | 42/48 | €85,327 | €25,820 | -€59,507 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €13,225 | €13,634 | +€409 | +3.1% |
| Trade debts | 44 | €8,044 | €679 | -€7,365 | -91.6% |
| Suppliers | 440/4 | €8,044 | €679 | -€7,365 | -91.6% |
| Taxes, remuneration and social security | 45 | €16,659 | €11,507 | -€5,152 | -30.9% |
| Taxes | 450/3 | €16,659 | €11,507 | -€5,152 | -30.9% |
| Other amounts payable | 47/48 | €47,400 | - | -€47,400 | |
| Non-recurring operating income | 76A | - | €3,058 | +€3,058 | |
| Remuneration, social security and pensions | 62 | €108 | €174 | +€66 | +60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,952 | €18,434 | -€8,518 | -31.6% |
| Other operating charges | 640/8 | €734 | €2,980 | +€2,247 | +306% |
| Gross operating margin | 9900 | €24,162 | €45,160 | +€20,999 | +86.9% |
| Operating profit (loss) | 9901 | -€3,633 | €23,572 | +€27,205 | |
| Financial income | 75/76B | €537 | €286 | -€251 | -46.7% |
| Recurring financial income | 75 | €537 | €286 | -€251 | -46.7% |
| Financial charges | 65/66B | €11,273 | €6,345 | -€4,928 | -43.7% |
| Recurring financial charges | 65 | €11,273 | €6,345 | -€4,928 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,368 | €17,513 | +€31,881 | |
| Income taxes | 67/77 | €383 | €2,988 | +€2,605 | +680% |
| Profit (loss) for the period | 9904 | -€14,751 | €14,525 | +€29,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,751 | €14,525 | +€29,277 |
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.