MI-TECHNICS: 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-TECHNICS
Largest movements
- Receivables within one year +€50,725
up €50,725 (+394%), from €12,884 to €63,609
of which Other amounts receivable: +€52,210
- Cash -€26,135
down €26,135 (-100.0%), from €26,137 to €1
mainly Receivables within one year (-€50,725) and Deferred charges and accrued income (-€721)
- Reserves +€26,309
up €26,309 (+82.0%), from €32,104 to €58,413
- Gross operating margin -€8,971
down €8,971 (-20.3%), from €44,299 to €35,328
- Financial income +€2,213
up €2,213 (+2,862%), from €77 to €2,291
- Taxes -€1,070
down €1,070 (-12.9%), from €8,265 to €7,195
- Other operating charges +€452
up €452 (+74.5%), from €607 to €1,058
- Financial charges +€443
up €443 (+17.5%), from €2,535 to €2,979
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.
Derived cash bridge
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 | €50,570 | €76,033 | +€25,464 | +50.4% |
| Fixed assets | 21/28 | €446 | €600 | +€154 | +34.5% |
| Tangible fixed assets | 22/27 | €446 | €600 | +€154 | +34.5% |
| Plant, machinery and equipment | 23 | €446 | €600 | +€154 | +34.5% |
| Current assets | 29/58 | €50,123 | €75,434 | +€25,310 | +50.5% |
| Amounts receivable within one year | 40/41 | €12,884 | €63,609 | +€50,725 | +394% |
| Trade receivables | 40 | €1,485 | €0 | -€1,485 | -100% |
| Other amounts receivable | 41 | €11,399 | €63,609 | +€52,210 | +458% |
| Cash at bank and in hand | 54/58 | €26,137 | €1 | -€26,135 | -100.0% |
| Deferred charges and accrued income | 490/1 | €11,102 | €11,823 | +€721 | +6.5% |
| Total equity and liabilities | 10/49 | €50,570 | €76,033 | +€25,464 | +50.4% |
| Equity | 10/15 | €38,104 | €64,413 | +€26,309 | +69.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €32,104 | €58,413 | +€26,309 | +82.0% |
| Distributable reserves | 133 | €32,104 | €58,413 | +€26,309 | +82.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,466 | €11,620 | -€845 | -6.8% |
| Amounts payable within one year | 42/48 | €12,466 | €11,620 | -€845 | -6.8% |
| Trade debts | 44 | €1,868 | €1,420 | -€448 | -24.0% |
| Suppliers | 440/4 | €1,868 | €1,420 | -€448 | -24.0% |
| Taxes, remuneration and social security | 45 | €10,014 | €9,617 | -€398 | -4.0% |
| Taxes | 450/3 | €10,014 | €9,617 | -€398 | -4.0% |
| Other amounts payable | 47/48 | €583 | €583 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €77 | +€44 | +131% |
| Other operating charges | 640/8 | €607 | €1,058 | +€452 | +74.5% |
| Gross operating margin | 9900 | €44,299 | €35,328 | -€8,971 | -20.3% |
| Operating profit (loss) | 9901 | €43,659 | €34,192 | -€9,467 | -21.7% |
| Financial income | 75/76B | €77 | €2,291 | +€2,213 | +2,862% |
| Recurring financial income | 75 | €77 | €2,291 | +€2,213 | +2,862% |
| Financial charges | 65/66B | €2,535 | €2,979 | +€443 | +17.5% |
| Recurring financial charges | 65 | €2,535 | €2,979 | +€443 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €41,201 | €33,504 | -€7,697 | -18.7% |
| Income taxes | 67/77 | €8,265 | €7,195 | -€1,070 | -12.9% |
| Profit (loss) for the period | 9904 | €32,937 | €26,309 | -€6,627 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,937 | €26,309 | -€6,627 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.