E-MIEL: 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.
E-MIEL
Largest movements
- Receivables within one year +€858
up €858 (+24.5%), from €3,500 to €4,358
of which Trade receivables: +€3,414
- Cash +€837
new in 2025: €837
mainly Trade debts (+€1,181) and Tax, wage and social debts (+€609)
- Trade debts +€1,181
new in 2025: €1,181
- Tax, wage and social debts +€609
new in 2025: €609
of which Remuneration and social security: +€561
- Profit (loss) carried forward -€95
new in 2025: -€95
- Turnover +€27,897
new in 2025: €27,897
- Purchases and services +€20,052
new in 2025: €20,052
- Staff costs +€9,397
new in 2025: €9,397
- Gross operating margin +€7,845
new in 2025: €7,845
- Financial income +€1,760
new in 2025: €1,760
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €3,500 | €5,196 | +€1,696 | +48.4% |
| Current assets | 29/58 | €3,500 | €5,196 | +€1,696 | +48.4% |
| Amounts receivable within one year | 40/41 | €3,500 | €4,358 | +€858 | +24.5% |
| Trade receivables | 40 | - | €3,414 | +€3,414 | |
| Other amounts receivable | 41 | €3,500 | €944 | -€2,556 | -73.0% |
| Cash at bank and in hand | 54/58 | - | €837 | +€837 | |
| Total equity and liabilities | 10/49 | €3,500 | €5,196 | +€1,696 | +48.4% |
| Equity | 10/15 | €3,500 | €3,405 | -€95 | -2.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Capital | 10 | €3,500 | €3,500 | = | 0.0% |
| Issued capital | 100 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€95 | -€95 | |
| Amounts payable | 17/49 | - | €1,791 | +€1,791 | |
| Amounts payable within one year | 42/48 | - | €1,791 | +€1,791 | |
| Trade debts | 44 | - | €1,181 | +€1,181 | |
| Suppliers | 440/4 | - | €1,181 | +€1,181 | |
| Taxes, remuneration and social security | 45 | - | €609 | +€609 | |
| Taxes | 450/3 | - | €48 | +€48 | |
| Remuneration and social security | 454/9 | - | €561 | +€561 | |
| Turnover | 70 | - | €27,897 | +€27,897 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €20,052 | +€20,052 | |
| Remuneration, social security and pensions | 62 | - | €9,397 | +€9,397 | |
| Other operating charges | 640/8 | - | €149 | +€149 | |
| Gross operating margin | 9900 | - | €7,845 | +€7,845 | |
| Operating profit (loss) | 9901 | - | -€1,701 | -€1,701 | |
| Financial income | 75/76B | - | €1,760 | +€1,760 | |
| Recurring financial income | 75 | - | €1,760 | +€1,760 | |
| Financial charges | 65/66B | - | €105 | +€105 | |
| Recurring financial charges | 65 | - | €105 | +€105 | |
| Profit (loss) for the period before taxes | 9903 | - | -€47 | -€47 | |
| Income taxes | 67/77 | - | €48 | +€48 | |
| Profit (loss) for the period | 9904 | - | -€95 | -€95 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€95 | -€95 |
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 12 October 2026 via checked.be.