MI2P: 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.
MI2P
Largest movements
- Tangible fixed assets -€8,740
down €8,740 (-25.0%), from €34,984 to €26,244
of which Furniture and vehicles: -€7,075
- Receivables within one year +€8,389
up €8,389 (+47.4%), from €17,692 to €26,081
of which Trade receivables: +€14,194
- Cash +€2,663
up €2,663 (+9.9%), from €26,769 to €29,431
mainly Depreciation (+€10,338) and Other debts (+€7,523)
- Other debts +€7,523
new in 2025: €7,523
- Profit (loss) carried forward -€3,525
down €3,525 (-11.2%), from €31,545 to €28,019
- Debts after one year -€2,888
down €2,888 (-24.1%), from €11,999 to €9,111
- Trade debts +€1,168
up €1,168 (+98.1%), from €1,190 to €2,358
- Depreciation +€5,156
up €5,156 (+99.5%), from €5,182 to €10,338
- Gross operating margin -€2,988
down €2,988 (-27.1%), from €11,007 to €8,019
- Taxes -€1,417
down €1,417 (-79.6%), from €1,780 to €363
- Other operating charges -€633
down €633 (-44.5%), from €1,422 to €789
- Financial charges +€331
up €331 (+106%), from €312 to €643
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 | €80,876 | €83,049 | +€2,174 | +2.7% |
| Fixed assets | 21/28 | €34,984 | €26,244 | -€8,740 | -25.0% |
| Tangible fixed assets | 22/27 | €34,984 | €26,244 | -€8,740 | -25.0% |
| Plant, machinery and equipment | 23 | €3,124 | €1,460 | -€1,664 | -53.3% |
| Furniture and vehicles | 24 | €31,860 | €24,784 | -€7,075 | -22.2% |
| Current assets | 29/58 | €45,892 | €56,805 | +€10,913 | +23.8% |
| Amounts receivable within one year | 40/41 | €17,692 | €26,081 | +€8,389 | +47.4% |
| Trade receivables | 40 | €11,887 | €26,081 | +€14,194 | +119% |
| Other amounts receivable | 41 | €5,805 | €0 | -€5,805 | -100% |
| Cash at bank and in hand | 54/58 | €26,769 | €29,431 | +€2,663 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,293 | -€138 | -9.7% |
| Total equity and liabilities | 10/49 | €80,876 | €83,049 | +€2,174 | +2.7% |
| Equity | 10/15 | €60,305 | €56,779 | -€3,525 | -5.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,360 | €16,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €16,360 | €16,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,545 | €28,019 | -€3,525 | -11.2% |
| Amounts payable | 17/49 | €20,571 | €26,270 | +€5,699 | +27.7% |
| Amounts payable after more than one year | 17 | €11,999 | €9,111 | -€2,888 | -24.1% |
| Financial debts | 170/4 | €11,999 | €9,111 | -€2,888 | -24.1% |
| Amounts payable within one year | 42/48 | €8,068 | €16,545 | +€8,477 | +105% |
| Current portion of amounts payable after more than one year | 42 | €3,001 | €3,123 | +€122 | +4.1% |
| Trade debts | 44 | €1,190 | €2,358 | +€1,168 | +98.1% |
| Suppliers | 440/4 | €1,190 | €2,358 | +€1,168 | +98.1% |
| Taxes, remuneration and social security | 45 | €3,876 | €3,540 | -€336 | -8.7% |
| Taxes | 450/3 | €3,002 | €2,643 | -€360 | -12.0% |
| Remuneration and social security | 454/9 | €874 | €898 | +€24 | +2.8% |
| Other amounts payable | 47/48 | - | €7,523 | +€7,523 | |
| Accrued charges and deferred income | 492/3 | €504 | €614 | +€109 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,182 | €10,338 | +€5,156 | +99.5% |
| Other operating charges | 640/8 | €1,422 | €789 | -€633 | -44.5% |
| Gross operating margin | 9900 | €11,007 | €8,019 | -€2,988 | -27.1% |
| Operating profit (loss) | 9901 | €4,402 | -€3,108 | -€7,511 | |
| Financial income | 75/76B | €295 | €232 | -€63 | -21.4% |
| Recurring financial income | 75 | €295 | €232 | -€63 | -21.4% |
| Financial charges | 65/66B | €312 | €643 | +€331 | +106% |
| Recurring financial charges | 65 | €312 | €643 | +€331 | +106% |
| Profit (loss) for the period before taxes | 9903 | €4,385 | -€3,520 | -€7,905 | |
| Income taxes | 67/77 | €1,780 | €363 | -€1,417 | -79.6% |
| Profit (loss) for the period | 9904 | €2,605 | -€3,882 | -€6,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,605 | -€3,882 | -€6,488 |
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 14 October 2026 via checked.be.