MI-KA: what changed
Two fiscal 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-KA
Largest movements
- Cash -€182,746
down €182,746 (-99.0%), from €184,529 to €1,783
mainly Other debts (-€255,000) and Tax, wage and social debts (-€5,100)
- Tangible fixed assets -€29,281
down €29,281 (-13.7%), from €213,413 to €184,132
of which Land and buildings: -€34,247
- Other debts -€255,000
down €255,000 (-74.0%), from €344,483 to €89,483
- Debts after one year +€34,000
new in 2024: €34,000
- Profit (loss) carried forward +€12,283
up €12,283, from -€5,841 to €6,442
- Tax, wage and social debts -€5,100
no longer reported in 2024 (was €5,100)
- Purchases and services -€12,529
down €12,529 (-34.6%), from €36,178 to €23,648
- Taxes -€9,508
down €9,508 (-97.4%), from €9,762 to €254
- Gross operating margin -€8,421
down €8,421 (-14.6%), from €57,822 to €49,402
- Other operating charges +€2,906
up €2,906 (+108.9%), from €2,668 to €5,573
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €476,571 | €267,405 | -€209,166 | -43.9% |
| Fixed assets | 21/28 | €213,413 | €184,132 | -€29,282 | -13.7% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €213,413 | €184,132 | -€29,281 | -13.7% |
| Land and buildings | 22 | €213,413 | €179,166 | -€34,247 | -16.0% |
| Plant, machinery and equipment | 23 | - | €629 | +€629 | |
| Other tangible fixed assets | 26 | - | €4,336 | +€4,336 | |
| Current assets | 29/58 | €263,158 | €83,274 | -€179,884 | -68.4% |
| Amounts receivable within one year | 40/41 | €78,629 | €81,490 | +€2,862 | +3.6% |
| Trade receivables | 40 | €77,549 | €77,549 | = | 0.0% |
| Other amounts receivable | 41 | €1,079 | €3,941 | +€2,862 | +265.1% |
| Cash at bank and in hand | 54/58 | €184,529 | €1,783 | -€182,746 | -99.0% |
| Total equity and liabilities | 10/49 | €476,571 | €267,405 | -€209,166 | -43.9% |
| Equity | 10/15 | €91,975 | €104,259 | +€12,283 | +13.4% |
| Contributions | 10/11 | €93,373 | €93,373 | = | 0.0% |
| Reserves | 13 | €4,443 | €4,443 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,443 | €4,443 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,443 | €4,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,841 | €6,442 | +€12,283 | |
| Amounts payable | 17/49 | €384,596 | €163,147 | -€221,449 | -57.6% |
| Amounts payable after more than one year | 17 | - | €34,000 | +€34,000 | |
| Other amounts payable | 178/9 | - | €34,000 | +€34,000 | |
| Amounts payable within one year | 42/48 | €384,596 | €129,147 | -€255,449 | -66.4% |
| Trade debts | 44 | €35,013 | €39,664 | +€4,651 | +13.3% |
| Suppliers | 440/4 | €35,013 | €39,664 | +€4,651 | +13.3% |
| Taxes, remuneration and social security | 45 | €5,100 | - | -€5,100 | |
| Taxes | 450/3 | €5,100 | - | -€5,100 | |
| Other amounts payable | 47/48 | €344,483 | €89,483 | -€255,000 | -74.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,178 | €23,648 | -€12,529 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,281 | €29,282 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,668 | €5,573 | +€2,906 | +108.9% |
| Gross operating margin | 9900 | €57,822 | €49,402 | -€8,421 | -14.6% |
| Operating profit (loss) | 9901 | €25,873 | €14,547 | -€11,327 | -43.8% |
| Financial charges | 65/66B | €1,957 | €2,010 | +€53 | +2.7% |
| Recurring financial charges | 65 | €1,957 | €2,010 | +€53 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €23,916 | €12,537 | -€11,379 | -47.6% |
| Income taxes | 67/77 | €9,762 | €254 | -€9,508 | -97.4% |
| Profit (loss) for the period | 9904 | €14,155 | €12,283 | -€1,871 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,155 | €12,283 | -€1,871 | -13.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.