M.I.Y.: 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.Y.
Largest movements
- Receivables after one year +€65,000
up €65,000 (+81.3%), from €80,000 to €145,000
- Receivables within one year -€22,837
down €22,837 (-60.2%), from €37,949 to €15,112
of which Other amounts receivable: -€26,676
- Cash +€9,594
up €9,594 (+24.3%), from €39,514 to €49,109
mainly Net result for the year (+€55,105) and Receivables within one year (+€22,837)
- Reserves +€55,105
up €55,105 (+44.7%), from €123,185 to €178,290
- Tax, wage and social debts -€5,512
down €5,512 (-16.8%), from €32,886 to €27,373
of which Taxes: -€9,012
- Other debts +€2,784
new in 2025: €2,784
- Gross operating margin +€23,197
up €23,197 (+47.0%), from €49,393 to €72,589
- Taxes +€4,146
up €4,146 (+30.0%), from €13,833 to €17,979
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 | €164,039 | €216,366 | +€52,327 | +31.9% |
| Fixed assets | 21/28 | €1,524 | €562 | -€962 | -63.1% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,523 | €561 | -€962 | -63.2% |
| Plant, machinery and equipment | 23 | €1,219 | €449 | -€770 | -63.2% |
| Furniture and vehicles | 24 | €304 | €112 | -€192 | -63.2% |
| Current assets | 29/58 | €162,515 | €215,804 | +€53,289 | +32.8% |
| Amounts receivable after more than one year | 29 | €80,000 | €145,000 | +€65,000 | +81.3% |
| Other amounts receivable | 291 | €80,000 | €145,000 | +€65,000 | +81.3% |
| Amounts receivable within one year | 40/41 | €37,949 | €15,112 | -€22,837 | -60.2% |
| Trade receivables | 40 | €11,273 | €15,112 | +€3,838 | +34.0% |
| Other amounts receivable | 41 | €26,676 | - | -€26,676 | |
| Cash at bank and in hand | 54/58 | €39,514 | €49,109 | +€9,594 | +24.3% |
| Deferred charges and accrued income | 490/1 | €5,051 | €6,583 | +€1,532 | +30.3% |
| Total equity and liabilities | 10/49 | €164,039 | €216,366 | +€52,327 | +31.9% |
| Equity | 10/15 | €127,185 | €182,290 | +€55,105 | +43.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €123,185 | €178,290 | +€55,105 | +44.7% |
| Distributable reserves | 133 | €123,185 | €178,290 | +€55,105 | +44.7% |
| Amounts payable | 17/49 | €36,853 | €34,076 | -€2,778 | -7.5% |
| Amounts payable within one year | 42/48 | €36,015 | €32,915 | -€3,099 | -8.6% |
| Trade debts | 44 | €3,129 | €2,758 | -€371 | -11.9% |
| Suppliers | 440/4 | €3,129 | €2,758 | -€371 | -11.9% |
| Taxes, remuneration and social security | 45 | €32,886 | €27,373 | -€5,512 | -16.8% |
| Taxes | 450/3 | €32,886 | €23,873 | -€9,012 | -27.4% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | - | €2,784 | +€2,784 | |
| Accrued charges and deferred income | 492/3 | €839 | €1,160 | +€322 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,043 | €962 | -€81 | -7.8% |
| Other operating charges | 640/8 | €849 | €824 | -€24 | -2.9% |
| Gross operating margin | 9900 | €49,393 | €72,589 | +€23,197 | +47.0% |
| Operating profit (loss) | 9901 | €47,501 | €70,803 | +€23,302 | +49.1% |
| Financial income | 75/76B | €3,282 | €2,758 | -€525 | -16.0% |
| Recurring financial income | 75 | €3,282 | €2,758 | -€525 | -16.0% |
| Financial charges | 65/66B | €448 | €476 | +€28 | +6.3% |
| Recurring financial charges | 65 | €448 | €476 | +€28 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €50,334 | €73,084 | +€22,750 | +45.2% |
| Income taxes | 67/77 | €13,833 | €17,979 | +€4,146 | +30.0% |
| Profit (loss) for the period | 9904 | €36,501 | €55,105 | +€18,603 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,501 | €55,105 | +€18,603 | +51.0% |
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 17 October 2026 via checked.be.