M.I INSTITUT: 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 INSTITUT
Largest movements
- Receivables within one year +€1,365
up €1,365 (+90.3%), from €1,511 to €2,876
of which Trade receivables: +€1,633
- Cash -€399
down €399 (-7.2%), from €5,564 to €5,165
mainly Receivables within one year (-€1,365) and Other debts (-€724)
- Tax, wage and social debts +€1,956
up €1,956 (+71.9%), from €2,721 to €4,677
of which Remuneration and social security: +€1,049
- Other debts -€724
down €724 (-10.7%), from €6,773 to €6,049
- Profit (loss) carried forward -€204
down €204 (-5.9%), from -€3,480 to -€3,684
- Gross operating margin +€6,923
up €6,923 (+195%), from €3,542 to €10,465
- Staff costs +€4,768
up €4,768 (+81.1%), from €5,879 to €10,647
- Other operating charges -€1,092
no longer reported in 2025 (was €1,092)
- Purchases and services +€1,059
up €1,059 (+2.5%), from €42,785 to €43,844
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 | €7,076 | €8,042 | +€966 | +13.7% |
| Current assets | 29/58 | €7,076 | €8,042 | +€966 | +13.7% |
| Amounts receivable within one year | 40/41 | €1,511 | €2,876 | +€1,365 | +90.3% |
| Trade receivables | 40 | €1,093 | €2,725 | +€1,633 | +149% |
| Other amounts receivable | 41 | €419 | €151 | -€268 | -63.9% |
| Cash at bank and in hand | 54/58 | €5,564 | €5,165 | -€399 | -7.2% |
| Total equity and liabilities | 10/49 | €7,076 | €8,042 | +€966 | +13.7% |
| Equity | 10/15 | -€2,480 | -€2,684 | -€204 | -8.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,480 | -€3,684 | -€204 | -5.9% |
| Amounts payable | 17/49 | €9,555 | €10,725 | +€1,170 | +12.2% |
| Amounts payable within one year | 42/48 | €9,555 | €10,725 | +€1,170 | +12.2% |
| Trade debts | 44 | €61 | - | -€61 | |
| Suppliers | 440/4 | €61 | - | -€61 | |
| Taxes, remuneration and social security | 45 | €2,721 | €4,677 | +€1,956 | +71.9% |
| Taxes | 450/3 | €1,793 | €2,700 | +€907 | +50.6% |
| Remuneration and social security | 454/9 | €928 | €1,977 | +€1,049 | +113% |
| Other amounts payable | 47/48 | €6,773 | €6,049 | -€724 | -10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,785 | €43,844 | +€1,059 | +2.5% |
| Remuneration, social security and pensions | 62 | €5,879 | €10,647 | +€4,768 | +81.1% |
| Other operating charges | 640/8 | €1,092 | - | -€1,092 | |
| Gross operating margin | 9900 | €3,542 | €10,465 | +€6,923 | +195% |
| Operating profit (loss) | 9901 | -€3,429 | -€182 | +€3,247 | +94.7% |
| Financial income | 75/76B | €0 | €50 | +€50 | +31,256% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +31,256% |
| Financial charges | 65/66B | €51 | €72 | +€22 | +42.7% |
| Recurring financial charges | 65 | €51 | €72 | +€22 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,480 | -€204 | +€3,275 | +94.1% |
| Profit (loss) for the period | 9904 | -€3,480 | -€204 | +€3,275 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,480 | -€204 | +€3,275 | +94.1% |
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.