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M.I.B: 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.

What changed

M.I.B

BE 0686.580.351
NACE 90.201, Performing arts by independent artists
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,098
2024 · -€1,583+€486
Equity
-€7,205
2024 · -€6,107-€1,098
Cash
€81
2024 · €587-€506
Balance sheet total
€245
2024 · €773-€528

Largest movements

2024 to 2025
Assets
  • Cash -€506

    down €506 (-86.1%), from €587 to €81

    mainly Net result for the year (-€1,098)

  • Deferred charges and accrued income -€23

    down €23 (-12.1%), from €186 to €163

Equity and liabilities
  • Profit (loss) carried forward -€1,098

    down €1,098 (-18.0%), from -€6,107 to -€7,205

  • Debts within one year +€570

    up €570 (+8.3%), from €6,880 to €7,449

Income statement
  • Staff costs -€463

    no longer reported in 2025 (was €463)

  • Gross operating margin +€52

    up €52 (+5.4%), from -€960 to -€908

  • Financial charges +€29

    up €29 (+18.0%), from €161 to €190

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,583
Gross operating margin +€52
Staff costs +€463
Financial charges -€29
Result 2025 -€1,098
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€506
Investment €0
Financing €0
Cash 2024 €587
Net result for the year -€1,098
Deferred charges and accrued income +€23
Debts within one year +€570
Cash 2025 €81
brings cash intakes cash out
Every line side by side 21 lines
Line Code 2024 2025 Change %
Total assets 20/58 €773 €245 -€528 -68.4%
Current assets 29/58 €773 €245 -€528 -68.4%
Cash at bank and in hand 54/58 €587 €81 -€506 -86.1%
Deferred charges and accrued income 490/1 €186 €163 -€23 -12.1%
Total equity and liabilities 10/49 €773 €245 -€528 -68.4%
Equity 10/15 -€6,107 -€7,205 -€1,098 -18.0%
Profit (loss) carried forward 14 -€6,107 -€7,205 -€1,098 -18.0%
Amounts payable 17/49 €6,880 €7,449 +€570 +8.3%
Amounts payable within one year 42/48 €6,880 €7,449 +€570 +8.3%
Trade debts 44 €145 €145 = 0.0%
Suppliers 440/4 €145 €145 = 0.0%
Taxes, remuneration and social security 45 €12 €12 = 0.0%
Remuneration and social security 454/9 €12 €12 = 0.0%
Remuneration, social security and pensions 62 €463 - -€463
Gross operating margin 9900 -€960 -€908 +€52 +5.4%
Operating profit (loss) 9901 -€1,422 -€908 +€515 +36.2%
Financial charges 65/66B €161 €190 +€29 +18.0%
Recurring financial charges 65 €161 €190 +€29 +18.0%
Profit (loss) for the period before taxes 9903 -€1,583 -€1,098 +€486 +30.7%
Profit (loss) for the period 9904 -€1,583 -€1,098 +€486 +30.7%
Profit (loss) for the period to be appropriated 9905 -€1,583 -€1,098 +€486 +30.7%

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.