DE MIKKE: 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 MIKKE
Largest movements
- Current investments +€533,605
up €533,605 (+26.5%), from €2.0m to €2.5m
- Cash +€207,891
up €207,891 (+134%), from €155,019 to €362,910
mainly Other debts (+€1.1m) and Net result for the year (+€790,961)
- Other debts +€1.1m
up €1.1m (+177%), from €620,178 to €1.7m
- Profit (loss) carried forward -€404,594
down €404,594 (-100%), from €404,594 to €0
- Trade debts +€46,054
up €46,054 (+30.5%), from €151,239 to €197,294
- Financial charges -€278,657
down €278,657, from €200,579 to -€78,077
- Financial income +€183,770
up €183,770 (+253%), from €72,642 to €256,412
- Gross operating margin +€170,778
up €170,778 (+9.8%), from €1.7m to €1.9m
- Staff costs +€161,994
up €161,994 (+15.9%), from €1.0m to €1.2m
- Taxes +€44,917
up €44,917 (+23.9%), from €187,985 to €232,902
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 | €2,381,207 | €3,126,508 | +€745,301 | +31.3% |
| Fixed assets | 21/28 | €67,545 | €76,807 | +€9,262 | +13.7% |
| Tangible fixed assets | 22/27 | €67,545 | €76,807 | +€9,262 | +13.7% |
| Plant, machinery and equipment | 23 | €22,899 | €46,157 | +€23,259 | +102% |
| Furniture and vehicles | 24 | €43,324 | €30,324 | -€13,000 | -30.0% |
| Other tangible fixed assets | 26 | €1,322 | €326 | -€997 | -75.4% |
| Current assets | 29/58 | €2,313,662 | €3,049,701 | +€736,039 | +31.8% |
| Stocks and contracts in progress | 3 | €92,375 | €115,070 | +€22,696 | +24.6% |
| Stocks | 30/36 | €92,375 | €115,070 | +€22,696 | +24.6% |
| Amounts receivable within one year | 40/41 | €27,607 | €2,403 | -€25,204 | -91.3% |
| Trade receivables | 40 | €674 | €0 | -€674 | -100% |
| Other amounts receivable | 41 | €26,933 | €2,403 | -€24,530 | -91.1% |
| Current investments | 50/53 | €2,012,274 | €2,545,879 | +€533,605 | +26.5% |
| Cash at bank and in hand | 54/58 | €155,019 | €362,910 | +€207,891 | +134% |
| Deferred charges and accrued income | 490/1 | €26,387 | €23,438 | -€2,948 | -11.2% |
| Total equity and liabilities | 10/49 | €2,381,207 | €3,126,508 | +€745,301 | +31.3% |
| Equity | 10/15 | €1,472,794 | €1,068,200 | -€404,594 | -27.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,006,200 | €1,006,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404,594 | €0 | -€404,594 | -100% |
| Amounts payable | 17/49 | €908,412 | €2,058,308 | +€1.1m | +127% |
| Amounts payable within one year | 42/48 | €908,412 | €2,058,308 | +€1.1m | +127% |
| Financial debts | 43 | €52,502 | €52,184 | -€319 | -0.6% |
| Credit institutions | 430/8 | €52,502 | €52,184 | -€319 | -0.6% |
| Trade debts | 44 | €151,239 | €197,294 | +€46,054 | +30.5% |
| Suppliers | 440/4 | €151,239 | €197,294 | +€46,054 | +30.5% |
| Advances received on contracts in progress | 46 | €1,535 | €2,165 | +€630 | +41.0% |
| Taxes, remuneration and social security | 45 | €82,957 | €91,304 | +€8,347 | +10.1% |
| Taxes | 450/3 | €4,329 | €20,771 | +€16,442 | +380% |
| Remuneration and social security | 454/9 | €78,628 | €70,532 | -€8,096 | -10.3% |
| Other amounts payable | 47/48 | €620,178 | €1,715,362 | +€1.1m | +177% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,018,119 | €1,180,113 | +€161,994 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,450 | €26,721 | +€2,271 | +9.3% |
| Other operating charges | 640/8 | €5,100 | €9,381 | +€4,282 | +84.0% |
| Gross operating margin | 9900 | €1,734,811 | €1,905,589 | +€170,778 | +9.8% |
| Operating profit (loss) | 9901 | €687,142 | €689,374 | +€2,232 | +0.3% |
| Financial income | 75/76B | €72,642 | €256,412 | +€183,770 | +253% |
| Recurring financial income | 75 | €72,642 | €256,412 | +€183,770 | +253% |
| Financial charges | 65/66B | €200,579 | -€78,077 | -€278,657 | |
| Recurring financial charges | 65 | €200,579 | -€78,077 | -€278,657 | |
| Profit (loss) for the period before taxes | 9903 | €559,205 | €1,023,863 | +€464,659 | +83.1% |
| Income taxes | 67/77 | €187,985 | €232,902 | +€44,917 | +23.9% |
| Profit (loss) for the period | 9904 | €371,219 | €790,961 | +€419,742 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €371,219 | €790,961 | +€419,742 | +113% |
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 21 October 2026 via checked.be.