MIBIT: 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.
MIBIT
Largest movements
- Cash -€62,455
down €62,455 (-49.6%), from €126,016 to €63,561
mainly Contributions, distributions and other (-€118,076) and Investment in fixed assets (net) (-€24,998)
- Tangible fixed assets +€15,157
up €15,157 (+65.4%), from €23,164 to €38,321
of which Land and buildings: +€24,246
- Receivables within one year +€14,697
up €14,697 (+16.9%), from €87,147 to €101,844
of which Other amounts receivable: +€43,056
- Deferred charges and accrued income -€2,760
down €2,760 (-71.4%), from €3,867 to €1,107
- Other debts -€15,386
down €15,386 (-11.5%), from €133,462 to €118,076
- Tax, wage and social debts -€14,582
down €14,582 (-48.4%), from €30,131 to €15,549
- Current portion of long-term debt -€9,615
down €9,615 (-91.6%), from €10,497 to €882
- Trade debts +€5,105
up €5,105 (+126.6%), from €4,031 to €9,136
- Gross operating margin -€10,373
down €10,373 (-5.9%), from €174,724 to €164,351
- Taxes -€3,131
down €3,131 (-8.1%), from €38,705 to €35,574
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 | €240,194 | €204,833 | -€35,361 | -14.7% |
| Fixed assets | 21/28 | €23,164 | €38,321 | +€15,157 | +65.4% |
| Tangible fixed assets | 22/27 | €23,164 | €38,321 | +€15,157 | +65.4% |
| Land and buildings | 22 | €4,537 | €28,783 | +€24,246 | +534.4% |
| Furniture and vehicles | 24 | €18,627 | €9,538 | -€9,089 | -48.8% |
| Current assets | 29/58 | €217,030 | €166,512 | -€50,518 | -23.3% |
| Amounts receivable within one year | 40/41 | €87,147 | €101,844 | +€14,697 | +16.9% |
| Trade receivables | 40 | €87,147 | €58,789 | -€28,358 | -32.5% |
| Other amounts receivable | 41 | - | €43,056 | +€43,056 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €126,016 | €63,561 | -€62,455 | -49.6% |
| Deferred charges and accrued income | 490/1 | €3,867 | €1,107 | -€2,760 | -71.4% |
| Total equity and liabilities | 10/49 | €240,194 | €204,833 | -€35,361 | -14.7% |
| Equity | 10/15 | €61,191 | €61,191 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58,691 | €58,691 | = | 0.0% |
| Distributable reserves | 133 | €58,691 | €58,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,003 | €143,642 | -€35,361 | -19.8% |
| Amounts payable after more than one year | 17 | €882 | €0 | -€882 | -100.0% |
| Financial debts | 170/4 | €882 | €0 | -€882 | -100.0% |
| Amounts payable within one year | 42/48 | €178,121 | €143,642 | -€34,479 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €10,497 | €882 | -€9,615 | -91.6% |
| Trade debts | 44 | €4,031 | €9,136 | +€5,105 | +126.6% |
| Suppliers | 440/4 | €4,031 | €9,136 | +€5,105 | +126.6% |
| Taxes, remuneration and social security | 45 | €30,131 | €15,549 | -€14,582 | -48.4% |
| Taxes | 450/3 | €30,131 | €15,549 | -€14,582 | -48.4% |
| Other amounts payable | 47/48 | €133,462 | €118,076 | -€15,386 | -11.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,841 | €9,841 | = | 0.0% |
| Other operating charges | 640/8 | €504 | €465 | -€39 | -7.7% |
| Gross operating margin | 9900 | €174,724 | €164,351 | -€10,373 | -5.9% |
| Operating profit (loss) | 9901 | €164,378 | €154,044 | -€10,334 | -6.3% |
| Financial income | 75/76B | €1,389 | €159 | -€1,230 | -88.6% |
| Recurring financial income | 75 | €1,389 | €159 | -€1,230 | -88.6% |
| Financial charges | 65/66B | €387 | €552 | +€166 | +42.9% |
| Recurring financial charges | 65 | €387 | €552 | +€166 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €165,380 | €153,650 | -€11,730 | -7.1% |
| Income taxes | 67/77 | €38,705 | €35,574 | -€3,131 | -8.1% |
| Profit (loss) for the period | 9904 | €126,675 | €118,076 | -€8,599 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €126,675 | €118,076 | -€8,599 | -6.8% |
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 12 October 2026 via checked.be.