Mi Technical Solutions: 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 Technical Solutions
Largest movements
- Receivables within one year +€42,791
up €42,791 (+167.8%), from €25,503 to €68,294
of which Trade receivables: +€47,120
- Cash -€5,425
down €5,425 (-20.2%), from €26,857 to €21,432
mainly Receivables within one year (-€42,791) and Investment in fixed assets (net) (-€13,632)
- Tangible fixed assets +€3,863
up €3,863 (+1.5%), from €258,658 to €262,521
of which Land and buildings: +€5,788
- Reserves +€33,209
new in 2025: €33,209
- Trade debts +€9,550
up €9,550 (+35.2%), from €27,139 to €36,689
- Tax, wage and social debts +€7,497
up €7,497 (+81.9%), from €9,154 to €16,651
of which Taxes: +€9,626
- Other debts -€5,734
no longer reported in 2025 (was €5,734)
- Current portion of long-term debt -€4,179
down €4,179 (-20.7%), from €20,193 to €16,015
- Depreciation -€14,538
down €14,538 (-59.8%), from €24,307 to €9,769
- Other operating charges -€9,833
down €9,833 (-84.4%), from €11,644 to €1,811
- Gross operating margin +€9,380
up €9,380 (+15.8%), from €59,555 to €68,935
- Taxes +€9,024
up €9,024 (+225.6%), from €4,000 to €13,025
- Financial charges +€4,544
up €4,544 (+68.4%), from €6,642 to €11,186
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.
Cash bridge derived
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 | €312,439 | €353,270 | +€40,831 | +13.1% |
| Fixed assets | 21/28 | €258,658 | €262,521 | +€3,863 | +1.5% |
| Tangible fixed assets | 22/27 | €258,658 | €262,521 | +€3,863 | +1.5% |
| Land and buildings | 22 | €255,634 | €261,422 | +€5,788 | +2.3% |
| Plant, machinery and equipment | 23 | €2,233 | €1,099 | -€1,133 | -50.8% |
| Furniture and vehicles | 24 | €792 | - | -€792 | |
| Current assets | 29/58 | €53,781 | €90,748 | +€36,968 | +68.7% |
| Amounts receivable within one year | 40/41 | €25,503 | €68,294 | +€42,791 | +167.8% |
| Trade receivables | 40 | €12,907 | €60,027 | +€47,120 | +365.1% |
| Other amounts receivable | 41 | €12,596 | €8,268 | -€4,328 | -34.4% |
| Cash at bank and in hand | 54/58 | €26,857 | €21,432 | -€5,425 | -20.2% |
| Deferred charges and accrued income | 490/1 | €1,420 | €1,022 | -€398 | -28.1% |
| Total equity and liabilities | 10/49 | €312,439 | €353,270 | +€40,831 | +13.1% |
| Equity | 10/15 | €35,214 | €68,423 | +€33,209 | +94.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €33,209 | +€33,209 | |
| Distributable reserves | 133 | - | €33,209 | +€33,209 | |
| Profit (loss) carried forward | 14 | €30,214 | €30,214 | +€0 | 0.0% |
| Amounts payable | 17/49 | €277,225 | €284,846 | +€7,622 | +2.7% |
| Amounts payable after more than one year | 17 | €214,979 | €215,491 | +€513 | +0.2% |
| Financial debts | 170/4 | €214,979 | €215,491 | +€513 | +0.2% |
| Amounts payable within one year | 42/48 | €62,220 | €69,355 | +€7,135 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €20,193 | €16,015 | -€4,179 | -20.7% |
| Trade debts | 44 | €27,139 | €36,689 | +€9,550 | +35.2% |
| Suppliers | 440/4 | €27,139 | €36,689 | +€9,550 | +35.2% |
| Taxes, remuneration and social security | 45 | €9,154 | €16,651 | +€7,497 | +81.9% |
| Taxes | 450/3 | €4,893 | €14,519 | +€9,626 | +196.7% |
| Remuneration and social security | 454/9 | €4,261 | €2,132 | -€2,129 | -50.0% |
| Other amounts payable | 47/48 | €5,734 | - | -€5,734 | |
| Accrued charges and deferred income | 492/3 | €26 | - | -€26 | |
| Remuneration, social security and pensions | 62 | €1,450 | €572 | -€878 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,307 | €9,769 | -€14,538 | -59.8% |
| Other operating charges | 640/8 | €11,644 | €1,811 | -€9,833 | -84.4% |
| Gross operating margin | 9900 | €59,555 | €68,935 | +€9,380 | +15.8% |
| Operating profit (loss) | 9901 | €22,154 | €56,783 | +€34,629 | +156.3% |
| Financial income | 75/76B | €1,229 | €638 | -€591 | -48.1% |
| Recurring financial income | 75 | €1,229 | €638 | -€591 | -48.1% |
| Financial charges | 65/66B | €6,642 | €11,186 | +€4,544 | +68.4% |
| Recurring financial charges | 65 | €6,642 | €11,186 | +€4,544 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €16,740 | €46,234 | +€29,494 | +176.2% |
| Income taxes | 67/77 | €4,000 | €13,025 | +€9,024 | +225.6% |
| Profit (loss) for the period | 9904 | €12,739 | €33,209 | +€20,470 | +160.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,739 | €33,209 | +€20,470 | +160.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.