Mia Dierickx: 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 Dierickx
Largest movements
- Tangible fixed assets -€23,080
down €23,080 (-17.7%), from €130,364 to €107,284
of which Land and buildings: -€15,481
- Cash +€17,473
up €17,473 (+40.5%), from €43,155 to €60,628
mainly Depreciation (+€26,380) and Stocks and contracts (+€9,308)
- Stocks and contracts -€9,308
down €9,308 (-27.5%), from €33,888 to €24,581
- Receivables within one year -€5,778
down €5,778 (-34.9%), from €16,573 to €10,794
of which Trade receivables: -€4,088
- Profit (loss) carried forward -€19,337
down €19,337 (-20.7%), from €93,421 to €74,084
- Trade debts -€6,029
down €6,029 (-16.6%), from €36,286 to €30,257
- Tax, wage and social debts +€3,773
up €3,773 (+119.4%), from €3,159 to €6,932
- Gross operating margin +€12,153
up €12,153 (+589.5%), from €2,062 to €14,215
- Other operating charges +€4,327
up €4,327 (+191.1%), from €2,265 to €6,591
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 | €227,476 | €206,324 | -€21,152 | -9.3% |
| Fixed assets | 21/28 | €130,364 | €107,284 | -€23,080 | -17.7% |
| Tangible fixed assets | 22/27 | €130,364 | €107,284 | -€23,080 | -17.7% |
| Land and buildings | 22 | €95,604 | €80,124 | -€15,481 | -16.2% |
| Plant, machinery and equipment | 23 | €8,312 | €7,926 | -€386 | -4.6% |
| Furniture and vehicles | 24 | €26,448 | €19,235 | -€7,213 | -27.3% |
| Current assets | 29/58 | €97,112 | €99,040 | +€1,927 | +2.0% |
| Stocks and contracts in progress | 3 | €33,888 | €24,581 | -€9,308 | -27.5% |
| Stocks | 30/36 | €33,888 | €24,581 | -€9,308 | -27.5% |
| Amounts receivable within one year | 40/41 | €16,573 | €10,794 | -€5,778 | -34.9% |
| Trade receivables | 40 | €12,212 | €8,124 | -€4,088 | -33.5% |
| Other amounts receivable | 41 | €4,360 | €2,670 | -€1,690 | -38.8% |
| Cash at bank and in hand | 54/58 | €43,155 | €60,628 | +€17,473 | +40.5% |
| Deferred charges and accrued income | 490/1 | €3,496 | €3,037 | -€459 | -13.1% |
| Total equity and liabilities | 10/49 | €227,476 | €206,324 | -€21,152 | -9.3% |
| Equity | 10/15 | €185,631 | €166,294 | -€19,337 | -10.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €30,237 | €30,237 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €24,040 | €24,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,421 | €74,084 | -€19,337 | -20.7% |
| Amounts payable | 17/49 | €41,845 | €40,030 | -€1,815 | -4.3% |
| Amounts payable within one year | 42/48 | €41,845 | €40,030 | -€1,815 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €2,400 | €2,841 | +€441 | +18.4% |
| Trade debts | 44 | €36,286 | €30,257 | -€6,029 | -16.6% |
| Suppliers | 440/4 | €36,286 | €30,257 | -€6,029 | -16.6% |
| Taxes, remuneration and social security | 45 | €3,159 | €6,932 | +€3,773 | +119.4% |
| Taxes | 450/3 | €3,159 | €6,932 | +€3,773 | +119.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,423 | €26,380 | -€43 | -0.2% |
| Other operating charges | 640/8 | €2,265 | €6,591 | +€4,327 | +191.1% |
| Gross operating margin | 9900 | €2,062 | €14,215 | +€12,153 | +589.5% |
| Operating profit (loss) | 9901 | -€26,626 | -€18,756 | +€7,870 | +29.6% |
| Financial income | 75/76B | €153 | €206 | +€53 | +34.5% |
| Recurring financial income | 75 | €153 | €206 | +€53 | +34.5% |
| Financial charges | 65/66B | €616 | €625 | +€9 | +1.4% |
| Recurring financial charges | 65 | €616 | €625 | +€9 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,089 | -€19,175 | +€7,914 | +29.2% |
| Income taxes | 67/77 | €130 | €162 | +€32 | +24.8% |
| Profit (loss) for the period | 9904 | -€27,219 | -€19,337 | +€7,881 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,219 | -€19,337 | +€7,881 | +29.0% |
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 10 October 2026 via checked.be.