Mi Cor@zon: 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.
Mi Cor@zon
Largest movements
- Tangible fixed assets -€31,559
down €31,559 (-7.5%), from €420,148 to €388,589
of which Furniture and vehicles: -€20,442
- Receivables within one year -€28,659
down €28,659 (-52.2%), from €54,953 to €26,294
- Cash +€18,860
up €18,860 (+8.7%), from €217,387 to €236,247
mainly Depreciation (+€31,559) and Receivables within one year (+€28,659)
- Profit (loss) carried forward -€20,942
down €20,942 (-59.8%), from -€35,005 to -€55,948
- Debts after one year -€20,728
down €20,728 (-31.9%), from €64,938 to €44,209
- Depreciation +€15,400
up €15,400 (+95.3%), from €16,159 to €31,559
- Financial charges -€5,445
down €5,445 (-80.9%), from €6,733 to €1,288
- Gross operating margin +€3,022
up €3,022 (+134%), from €2,250 to €5,271
- Financial income +€1,321
up €1,321 (+18.2%), from €7,276 to €8,597
- Taxes +€255
up €255 (+360%), from €71 to €326
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 | €1,199,831 | €1,158,473 | -€41,358 | -3.4% |
| Fixed assets | 21/28 | €819,148 | €787,589 | -€31,559 | -3.9% |
| Tangible fixed assets | 22/27 | €420,148 | €388,589 | -€31,559 | -7.5% |
| Land and buildings | 22 | €322,238 | €311,121 | -€11,117 | -3.4% |
| Furniture and vehicles | 24 | €97,911 | €77,469 | -€20,442 | -20.9% |
| Financial fixed assets | 28 | €399,000 | €399,000 | = | 0.0% |
| Current assets | 29/58 | €380,683 | €370,884 | -€9,799 | -2.6% |
| Amounts receivable after more than one year | 29 | €108,343 | €108,343 | = | 0.0% |
| Other amounts receivable | 291 | €108,343 | €108,343 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,953 | €26,294 | -€28,659 | -52.2% |
| Other amounts receivable | 41 | €54,953 | €26,294 | -€28,659 | -52.2% |
| Cash at bank and in hand | 54/58 | €217,387 | €236,247 | +€18,860 | +8.7% |
| Total equity and liabilities | 10/49 | €1,199,831 | €1,158,473 | -€41,358 | -3.4% |
| Equity | 10/15 | €1,114,478 | €1,093,535 | -€20,942 | -1.9% |
| Contributions | 10/11 | €399,000 | €399,000 | = | 0.0% |
| Reserves | 13 | €750,483 | €750,483 | = | 0.0% |
| Distributable reserves | 133 | €750,483 | €750,483 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,005 | -€55,948 | -€20,942 | -59.8% |
| Amounts payable | 17/49 | €85,353 | €64,938 | -€20,416 | -23.9% |
| Amounts payable after more than one year | 17 | €64,938 | €44,209 | -€20,728 | -31.9% |
| Financial debts | 170/4 | €64,938 | €44,209 | -€20,728 | -31.9% |
| Amounts payable within one year | 42/48 | €20,416 | €20,728 | +€313 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €20,416 | €20,728 | +€313 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,159 | €31,559 | +€15,400 | +95.3% |
| Other operating charges | 640/8 | €1,666 | €1,638 | -€28 | -1.7% |
| Gross operating margin | 9900 | €2,250 | €5,271 | +€3,022 | +134% |
| Operating profit (loss) | 9901 | -€15,576 | -€27,926 | -€12,350 | -79.3% |
| Financial income | 75/76B | €7,276 | €8,597 | +€1,321 | +18.2% |
| Recurring financial income | 75 | €7,276 | €8,597 | +€1,321 | +18.2% |
| Financial charges | 65/66B | €6,733 | €1,288 | -€5,445 | -80.9% |
| Recurring financial charges | 65 | €6,733 | €1,288 | -€5,445 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,032 | -€20,617 | -€5,585 | -37.1% |
| Income taxes | 67/77 | €71 | €326 | +€255 | +360% |
| Profit (loss) for the period | 9904 | -€15,103 | -€20,942 | -€5,839 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,103 | -€20,942 | -€5,839 | -38.7% |
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 17 October 2026 via checked.be.