MIA ARCHITECTURE: 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.
MIA ARCHITECTURE
Largest movements
- Current investments +€251,273
new in 2025: €251,273
- Cash -€146,616
down €146,616 (-65.7%), from €223,088 to €76,472
mainly Current investments (-€251,273) and Current portion of long-term debt (-€14,104)
- Intangible fixed assets -€18,750
down €18,750 (-30.0%), from €62,500 to €43,750
- Deferred charges and accrued income +€7,077
up €7,077 (+369%), from €1,920 to €8,998
- Receivables within one year -€5,753
down €5,753 (-31.3%), from €18,368 to €12,616
of which Other amounts receivable: -€4,165
- Profit (loss) carried forward +€113,532
up €113,532 (+84.9%), from €133,696 to €247,227
- Current portion of long-term debt -€14,104
down €14,104 (-76.8%), from €18,375 to €4,270
- Other debts -€9,843
down €9,843 (-27.9%), from €35,283 to €25,440
- Trade debts -€6,271
down €6,271 (-35.3%), from €17,779 to €11,508
- Purchases and services +€129,151
new in 2025: €129,151
- Gross operating margin +€105,007
up €105,007 (+161%), from €65,355 to €170,361
- Taxes +€28,680
up €28,680 (+799%), from €3,589 to €32,269
- Depreciation -€5,379
down €5,379 (-19.3%), from €27,839 to €22,460
- Financial charges +€3,321
up €3,321 (+495%), from €671 to €3,992
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 | €322,573 | €406,134 | +€83,561 | +25.9% |
| Fixed assets | 21/28 | €79,196 | €56,776 | -€22,421 | -28.3% |
| Intangible fixed assets | 21 | €62,500 | €43,750 | -€18,750 | -30.0% |
| Tangible fixed assets | 22/27 | €14,396 | €10,686 | -€3,710 | -25.8% |
| Plant, machinery and equipment | 23 | €932 | €233 | -€699 | -75.0% |
| Furniture and vehicles | 24 | €13,465 | €10,453 | -€3,011 | -22.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €2,300 | €2,339 | +€39 | +1.7% |
| Current assets | 29/58 | €243,376 | €349,358 | +€105,982 | +43.5% |
| Amounts receivable within one year | 40/41 | €18,368 | €12,616 | -€5,753 | -31.3% |
| Trade receivables | 40 | €6,234 | €4,646 | -€1,588 | -25.5% |
| Other amounts receivable | 41 | €12,134 | €7,969 | -€4,165 | -34.3% |
| Current investments | 50/53 | - | €251,273 | +€251,273 | |
| Cash at bank and in hand | 54/58 | €223,088 | €76,472 | -€146,616 | -65.7% |
| Deferred charges and accrued income | 490/1 | €1,920 | €8,998 | +€7,077 | +369% |
| Total equity and liabilities | 10/49 | €322,573 | €406,134 | +€83,561 | +25.9% |
| Equity | 10/15 | €243,196 | €356,727 | +€113,532 | +46.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €104,500 | €104,500 | = | 0.0% |
| Distributable reserves | 133 | €104,500 | €104,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,696 | €247,227 | +€113,532 | +84.9% |
| Amounts payable | 17/49 | €79,377 | €49,406 | -€29,971 | -37.8% |
| Amounts payable after more than one year | 17 | €2,848 | €0 | -€2,848 | -100% |
| Financial debts | 170/4 | €2,848 | €0 | -€2,848 | -100% |
| Amounts payable within one year | 42/48 | €76,529 | €49,406 | -€27,123 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €18,375 | €4,270 | -€14,104 | -76.8% |
| Trade debts | 44 | €17,779 | €11,508 | -€6,271 | -35.3% |
| Suppliers | 440/4 | €17,779 | €11,508 | -€6,271 | -35.3% |
| Taxes, remuneration and social security | 45 | €5,093 | €8,188 | +€3,095 | +60.8% |
| Taxes | 450/3 | €5,093 | €8,188 | +€3,095 | +60.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €35,283 | €25,440 | -€9,843 | -27.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €129,151 | +€129,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,839 | €22,460 | -€5,379 | -19.3% |
| Other operating charges | 640/8 | €534 | €179 | -€355 | -66.5% |
| Gross operating margin | 9900 | €65,355 | €170,361 | +€105,007 | +161% |
| Operating profit (loss) | 9901 | €36,981 | €147,723 | +€110,741 | +299% |
| Financial income | 75/76B | - | €2,070 | +€2,070 | |
| Recurring financial income | 75 | - | €2,070 | +€2,070 | |
| Financial charges | 65/66B | €671 | €3,992 | +€3,321 | +495% |
| Recurring financial charges | 65 | €671 | €3,992 | +€3,321 | +495% |
| Profit (loss) for the period before taxes | 9903 | €36,310 | €145,801 | +€109,491 | +302% |
| Income taxes | 67/77 | €3,589 | €32,269 | +€28,680 | +799% |
| Profit (loss) for the period | 9904 | €32,721 | €113,532 | +€80,810 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €32,721 | €113,532 | +€80,810 | +247% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.