MIBOTEX: 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.
MIBOTEX
Largest movements
- Receivables after one year +€40,000
up €40,000 (+40.0%), from €100,000 to €140,000
- Receivables within one year +€24,120
up €24,120 (+17.8%), from €135,300 to €159,421
of which Trade receivables: +€24,895
- Cash -€7,706
down €7,706 (-6.9%), from €112,110 to €104,405
mainly Receivables after one year (-€40,000) and Receivables within one year (-€24,120)
- Trade debts +€44,013
up €44,013 (+55.1%), from €79,905 to €123,918
- Reserves +€25,614
up €25,614 (+11.9%), from €215,315 to €240,929
of which Distributable reserves: +€25,614
- Tax, wage and social debts -€9,006
down €9,006 (-89.3%), from €10,088 to €1,081
- Financial charges +€17,438
up €17,438 (+432%), from €4,041 to €21,479
- Gross operating margin +€5,802
up €5,802 (+10.2%), from €57,077 to €62,879
- Taxes -€5,006
down €5,006 (-23.7%), from €21,088 to €16,081
- Financial income -€2,502
down €2,502 (-49.2%), from €5,083 to €2,581
- Depreciation +€999
up €999 (+9,385%), from €11 to €1,009
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 | €351,008 | €408,842 | +€57,834 | +16.5% |
| Fixed assets | 21/28 | €2,627 | €2,341 | -€286 | -10.9% |
| Tangible fixed assets | 22/27 | €2,627 | €2,341 | -€286 | -10.9% |
| Furniture and vehicles | 24 | €2,627 | €2,341 | -€286 | -10.9% |
| Current assets | 29/58 | €348,381 | €406,501 | +€58,120 | +16.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Other amounts receivable | 291 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Amounts receivable within one year | 40/41 | €135,300 | €159,421 | +€24,120 | +17.8% |
| Trade receivables | 40 | €134,140 | €159,034 | +€24,895 | +18.6% |
| Other amounts receivable | 41 | €1,161 | €386 | -€774 | -66.7% |
| Cash at bank and in hand | 54/58 | €112,110 | €104,405 | -€7,706 | -6.9% |
| Deferred charges and accrued income | 490/1 | €971 | €2,676 | +€1,705 | +176% |
| Total equity and liabilities | 10/49 | €351,008 | €408,842 | +€57,834 | +16.5% |
| Equity | 10/15 | €255,315 | €280,929 | +€25,614 | +10.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €215,315 | €240,929 | +€25,614 | +11.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €215,315 | €240,929 | +€25,614 | +11.9% |
| Amounts payable | 17/49 | €95,693 | €127,913 | +€32,221 | +33.7% |
| Amounts payable within one year | 42/48 | €94,614 | €127,401 | +€32,787 | +34.7% |
| Trade debts | 44 | €79,905 | €123,918 | +€44,013 | +55.1% |
| Suppliers | 440/4 | €79,905 | €123,918 | +€44,013 | +55.1% |
| Taxes, remuneration and social security | 45 | €10,088 | €1,081 | -€9,006 | -89.3% |
| Taxes | 450/3 | €10,088 | €1,081 | -€9,006 | -89.3% |
| Other amounts payable | 47/48 | €4,621 | €2,402 | -€2,219 | -48.0% |
| Accrued charges and deferred income | 492/3 | €1,078 | €512 | -€566 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11 | €1,009 | +€999 | +9,385% |
| Other operating charges | 640/8 | €1,048 | €1,277 | +€229 | +21.8% |
| Gross operating margin | 9900 | €57,077 | €62,879 | +€5,802 | +10.2% |
| Operating profit (loss) | 9901 | €56,018 | €60,593 | +€4,575 | +8.2% |
| Financial income | 75/76B | €5,083 | €2,581 | -€2,502 | -49.2% |
| Recurring financial income | 75 | €5,083 | €2,581 | -€2,502 | -49.2% |
| Financial charges | 65/66B | €4,041 | €21,479 | +€17,438 | +432% |
| Recurring financial charges | 65 | €4,041 | €21,479 | +€17,438 | +432% |
| Profit (loss) for the period before taxes | 9903 | €57,061 | €41,695 | -€15,366 | -26.9% |
| Income taxes | 67/77 | €21,088 | €16,081 | -€5,006 | -23.7% |
| Profit (loss) for the period | 9904 | €35,973 | €25,614 | -€10,360 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,973 | €25,614 | -€10,360 | -28.8% |
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 16 October 2026 via checked.be.