.M I C K: 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.
.M I C K
Largest movements
- Receivables within one year +€28,355
up €28,355 (+136%), from €20,869 to €49,224
of which Trade receivables: +€27,300
- Tangible fixed assets -€22,217
down €22,217 (-5.3%), from €422,665 to €400,448
of which Furniture and vehicles: -€13,095
- Profit (loss) carried forward -€25,163
down €25,163, from €5,596 to -€19,566
- Debts after one year +€22,962
up €22,962 (+5.7%), from €403,577 to €426,539
- Tax, wage and social debts +€4,819
up €4,819 (+245%), from €1,971 to €6,790
- Gross operating margin +€6,149
up €6,149 (+92.4%), from €6,654 to €12,803
- Financial charges +€4,864
up €4,864 (+93.7%), from €5,193 to €10,057
- Depreciation +€3,012
up €3,012 (+13.8%), from €21,855 to €24,867
- Other operating charges +€1,883
up €1,883 (+185%), from €1,018 to €2,900
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 | €443,534 | €451,129 | +€7,595 | +1.7% |
| Fixed assets | 21/28 | €422,665 | €400,448 | -€22,217 | -5.3% |
| Tangible fixed assets | 22/27 | €422,665 | €400,448 | -€22,217 | -5.3% |
| Land and buildings | 22 | €389,617 | €381,812 | -€7,804 | -2.0% |
| Plant, machinery and equipment | 23 | €1,317 | - | -€1,317 | |
| Furniture and vehicles | 24 | €31,731 | €18,635 | -€13,095 | -41.3% |
| Current assets | 29/58 | €20,869 | €50,681 | +€29,812 | +143% |
| Amounts receivable within one year | 40/41 | €20,869 | €49,224 | +€28,355 | +136% |
| Trade receivables | 40 | €18,000 | €45,300 | +€27,300 | +152% |
| Other amounts receivable | 41 | €2,869 | €3,924 | +€1,055 | +36.8% |
| Cash at bank and in hand | 54/58 | €0 | €1,457 | +€1,457 | |
| Total equity and liabilities | 10/49 | €443,534 | €451,129 | +€7,595 | +1.7% |
| Equity | 10/15 | €6,096 | -€19,066 | -€25,163 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,596 | -€19,566 | -€25,163 | |
| Amounts payable | 17/49 | €437,438 | €470,195 | +€32,757 | +7.5% |
| Amounts payable after more than one year | 17 | €403,577 | €426,539 | +€22,962 | +5.7% |
| Financial debts | 170/4 | €403,577 | €426,539 | +€22,962 | +5.7% |
| Amounts payable within one year | 42/48 | €33,861 | €41,985 | +€8,125 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €27,137 | €23,792 | -€3,345 | -12.3% |
| Financial debts | 43 | €12 | - | -€12 | |
| Credit institutions | 430/8 | €12 | - | -€12 | |
| Trade debts | 44 | €13 | €2,863 | +€2,850 | +22,657% |
| Suppliers | 440/4 | €13 | €2,863 | +€2,850 | +22,657% |
| Taxes, remuneration and social security | 45 | €1,971 | €6,790 | +€4,819 | +245% |
| Taxes | 450/3 | €1,971 | €6,790 | +€4,819 | +245% |
| Other amounts payable | 47/48 | €4,729 | €8,541 | +€3,812 | +80.6% |
| Accrued charges and deferred income | 492/3 | - | €1,671 | +€1,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,855 | €24,867 | +€3,012 | +13.8% |
| Other operating charges | 640/8 | €1,018 | €2,900 | +€1,883 | +185% |
| Gross operating margin | 9900 | €6,654 | €12,803 | +€6,149 | +92.4% |
| Operating profit (loss) | 9901 | -€16,218 | -€14,964 | +€1,254 | +7.7% |
| Financial income | 75/76B | €38 | €1 | -€37 | -98.4% |
| Recurring financial income | 75 | €38 | €1 | -€37 | -98.4% |
| Financial charges | 65/66B | €5,193 | €10,057 | +€4,864 | +93.7% |
| Recurring financial charges | 65 | €5,193 | €10,057 | +€4,864 | +93.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,374 | -€25,021 | -€3,647 | -17.1% |
| Income taxes | 67/77 | €222 | €142 | -€81 | -36.3% |
| Profit (loss) for the period | 9904 | -€21,596 | -€25,163 | -€3,567 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,596 | -€25,163 | -€3,567 | -16.5% |
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 1 November 2026 via checked.be.