La Mi Do Re: 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.
La Mi Do Re
Largest movements
- Tangible fixed assets +€1,606
up €1,606 (+72.9%), from €2,202 to €3,808
of which Other tangible fixed assets: +€1,606
- Stocks and contracts +€745
up €745 (+53.4%), from €1,396 to €2,141
- Cash +€308
up €308 (+3.5%), from €8,794 to €9,103
mainly Current portion of long-term debt (+€1,319) and Net result for the year (+€1,110)
- Current portion of long-term debt +€1,319
new in 2025: €1,319
- Trade debts -€1,225
down €1,225 (-54.3%), from €2,254 to €1,029
- Profit (loss) carried forward +€1,110
up €1,110 (+3.9%), from -€28,828 to -€27,718
- Debts after one year +€746
new in 2025: €746
- Other debts +€691
up €691 (+3.3%), from €21,137 to €21,828
- Gross operating margin -€5,240
down €5,240 (-53.4%), from €9,806 to €4,566
- Other operating charges -€1,575
down €1,575 (-55.1%), from €2,858 to €1,283
- Financial charges -€388
down €388 (-21.5%), from €1,802 to €1,414
- Depreciation +€175
up €175 (+57.6%), from €305 to €480
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 | €13,857 | €16,565 | +€2,707 | +19.5% |
| Fixed assets | 21/28 | €2,281 | €3,887 | +€1,606 | +70.4% |
| Tangible fixed assets | 22/27 | €2,202 | €3,808 | +€1,606 | +72.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,202 | €3,808 | +€1,606 | +72.9% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €11,576 | €12,677 | +€1,102 | +9.5% |
| Stocks and contracts in progress | 3 | €1,396 | €2,141 | +€745 | +53.4% |
| Stocks | 30/36 | €1,396 | €2,141 | +€745 | +53.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,794 | €9,103 | +€308 | +3.5% |
| Deferred charges and accrued income | 490/1 | €1,385 | €1,433 | +€48 | +3.5% |
| Total equity and liabilities | 10/49 | €13,857 | €16,565 | +€2,707 | +19.5% |
| Equity | 10/15 | -€10,228 | -€9,118 | +€1,110 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,828 | -€27,718 | +€1,110 | +3.9% |
| Amounts payable | 17/49 | €24,085 | €25,683 | +€1,597 | +6.6% |
| Amounts payable after more than one year | 17 | - | €746 | +€746 | |
| Financial debts | 170/4 | - | €746 | +€746 | |
| Amounts payable within one year | 42/48 | €24,085 | €24,936 | +€851 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,319 | +€1,319 | |
| Trade debts | 44 | €2,254 | €1,029 | -€1,225 | -54.3% |
| Suppliers | 440/4 | €2,254 | €1,029 | -€1,225 | -54.3% |
| Taxes, remuneration and social security | 45 | €694 | €760 | +€66 | +9.5% |
| Taxes | 450/3 | €694 | €760 | +€66 | +9.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,137 | €21,828 | +€691 | +3.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €480 | +€175 | +57.6% |
| Other operating charges | 640/8 | €2,858 | €1,283 | -€1,575 | -55.1% |
| Non-recurring operating charges | 66A | €1,501 | €278 | -€1,223 | -81.5% |
| Gross operating margin | 9900 | €9,806 | €4,566 | -€5,240 | -53.4% |
| Operating profit (loss) | 9901 | €5,142 | €2,525 | -€2,618 | -50.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.0% |
| Financial charges | 65/66B | €1,802 | €1,414 | -€388 | -21.5% |
| Recurring financial charges | 65 | €1,802 | €1,414 | -€388 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €3,341 | €1,110 | -€2,231 | -66.8% |
| Profit (loss) for the period | 9904 | €3,341 | €1,110 | -€2,231 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,341 | €1,110 | -€2,231 | -66.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.