MI Technics: 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 Technics
Largest movements
- Stocks and contracts -€53,177
no longer reported in 2025 (was €53,177)
- Receivables within one year +€52,726
up €52,726 (+251.9%), from €20,934 to €73,660
of which Trade receivables: +€60,273
- Cash +€29,805
up €29,805 (+1012.9%), from €2,943 to €32,747
mainly Stocks and contracts (+€53,177) and Contributions, distributions and other (+€45,375)
- Other debts -€31,439
down €31,439 (-35.3%), from €89,162 to €57,723
- Advances received +€28,652
up €28,652 (+1214.3%), from €2,360 to €31,012
- Profit (loss) carried forward +€26,350
no longer reported in 2025 (was -€26,350)
- Trade debts +€4,869
up €4,869 (+49.3%), from €9,882 to €14,751
- Gross operating margin +€10,651
up €10,651 (+40.5%), from -€26,280 to -€15,629
- Other operating charges +€3,324
new in 2025: €3,324
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 | €77,053 | €106,407 | +€29,354 | +38.1% |
| Current assets | 29/58 | €77,053 | €106,407 | +€29,354 | +38.1% |
| Stocks and contracts in progress | 3 | €53,177 | - | -€53,177 | |
| Stocks | 30/36 | €53,177 | - | -€53,177 | |
| Amounts receivable within one year | 40/41 | €20,934 | €73,660 | +€52,726 | +251.9% |
| Trade receivables | 40 | €13,387 | €73,660 | +€60,273 | +450.2% |
| Other amounts receivable | 41 | €7,547 | - | -€7,547 | |
| Cash at bank and in hand | 54/58 | €2,943 | €32,747 | +€29,805 | +1012.9% |
| Total equity and liabilities | 10/49 | €77,053 | €106,407 | +€29,354 | +38.1% |
| Equity | 10/15 | -€24,350 | €2,000 | +€26,350 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,350 | - | +€26,350 | |
| Amounts payable | 17/49 | €101,404 | €104,407 | +€3,004 | +3.0% |
| Amounts payable within one year | 42/48 | €101,404 | €104,407 | +€3,004 | +3.0% |
| Trade debts | 44 | €9,882 | €14,751 | +€4,869 | +49.3% |
| Suppliers | 440/4 | €9,882 | €14,751 | +€4,869 | +49.3% |
| Advances received on contracts in progress | 46 | €2,360 | €31,012 | +€28,652 | +1214.3% |
| Taxes, remuneration and social security | 45 | - | €921 | +€921 | |
| Taxes | 450/3 | - | €921 | +€921 | |
| Other amounts payable | 47/48 | €89,162 | €57,723 | -€31,439 | -35.3% |
| Other operating charges | 640/8 | - | €3,324 | +€3,324 | |
| Gross operating margin | 9900 | -€26,280 | -€15,629 | +€10,651 | +40.5% |
| Operating profit (loss) | 9901 | -€26,280 | -€18,953 | +€7,327 | +27.9% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €70 | €181 | +€111 | +157.5% |
| Recurring financial charges | 65 | €70 | €181 | +€111 | +157.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,350 | -€19,025 | +€7,326 | +27.8% |
| Profit (loss) for the period | 9904 | -€26,350 | -€19,025 | +€7,326 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,350 | -€19,025 | +€7,326 | +27.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.