MI.FLA GROUP: 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.FLA GROUP
Largest movements
- Cash -€10,072
down €10,072 (-98.9%), from €10,189 to €116
mainly Investment in fixed assets (net) (-€10,758) and Receivables within one year (-€7,295)
- Tangible fixed assets +€8,787
up €8,787 (+182%), from €4,826 to €13,613
of which Furniture and vehicles: +€9,154
- Receivables within one year +€7,295
up €7,295 (+191%), from €3,816 to €11,111
of which Trade receivables: +€4,189
- Deferred charges and accrued income +€1,859
up €1,859 (+322%), from €578 to €2,436
- Debts after one year +€8,000
new in 2025: €8,000
- Current portion of long-term debt +€1,770
new in 2025: €1,770
- Tax, wage and social debts -€1,617
down €1,617 (-85.8%), from €1,885 to €269
- Profit (loss) carried forward +€1,049
up €1,049 (+18.3%), from €5,733 to €6,782
- Trade debts -€725
down €725 (-61.4%), from €1,180 to €455
- Gross operating margin -€4,492
down €4,492 (-47.3%), from €9,488 to €4,996
- Taxes -€1,617
down €1,617 (-85.8%), from €1,885 to €269
- Other operating charges +€1,437
new in 2025: €1,437
- Depreciation +€516
up €516 (+35.5%), from €1,455 to €1,971
- Financial charges -€146
down €146 (-35.1%), from €415 to €269
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 | €19,408 | €27,277 | +€7,869 | +40.5% |
| Fixed assets | 21/28 | €4,826 | €13,613 | +€8,787 | +182% |
| Tangible fixed assets | 22/27 | €4,826 | €13,613 | +€8,787 | +182% |
| Plant, machinery and equipment | 23 | €1,077 | €710 | -€367 | -34.0% |
| Furniture and vehicles | 24 | €3,749 | €12,902 | +€9,154 | +244% |
| Current assets | 29/58 | €14,582 | €13,664 | -€918 | -6.3% |
| Amounts receivable within one year | 40/41 | €3,816 | €11,111 | +€7,295 | +191% |
| Trade receivables | 40 | €1,625 | €5,815 | +€4,189 | +258% |
| Other amounts receivable | 41 | €2,191 | €5,297 | +€3,106 | +142% |
| Cash at bank and in hand | 54/58 | €10,189 | €116 | -€10,072 | -98.9% |
| Deferred charges and accrued income | 490/1 | €578 | €2,436 | +€1,859 | +322% |
| Total equity and liabilities | 10/49 | €19,408 | €27,277 | +€7,869 | +40.5% |
| Equity | 10/15 | €15,733 | €16,782 | +€1,049 | +6.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,733 | €6,782 | +€1,049 | +18.3% |
| Amounts payable | 17/49 | €3,675 | €10,494 | +€6,819 | +186% |
| Amounts payable after more than one year | 17 | - | €8,000 | +€8,000 | |
| Financial debts | 170/4 | - | €8,000 | +€8,000 | |
| Amounts payable within one year | 42/48 | €3,675 | €2,494 | -€1,181 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,770 | +€1,770 | |
| Trade debts | 44 | €1,180 | €455 | -€725 | -61.4% |
| Suppliers | 440/4 | €1,180 | €455 | -€725 | -61.4% |
| Taxes, remuneration and social security | 45 | €1,885 | €269 | -€1,617 | -85.8% |
| Taxes | 450/3 | €1,885 | €269 | -€1,617 | -85.8% |
| Other amounts payable | 47/48 | €609 | - | -€609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €1,971 | +€516 | +35.5% |
| Other operating charges | 640/8 | - | €1,437 | +€1,437 | |
| Gross operating margin | 9900 | €9,488 | €4,996 | -€4,492 | -47.3% |
| Operating profit (loss) | 9901 | €8,033 | €1,587 | -€6,446 | -80.2% |
| Financial charges | 65/66B | €415 | €269 | -€146 | -35.1% |
| Recurring financial charges | 65 | €415 | €269 | -€146 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €7,618 | €1,318 | -€6,300 | -82.7% |
| Income taxes | 67/77 | €1,885 | €269 | -€1,617 | -85.8% |
| Profit (loss) for the period | 9904 | €5,733 | €1,049 | -€4,683 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,733 | €1,049 | -€4,683 | -81.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.