MID-MAC: 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.
MID-MAC
Largest movements
- Cash -€6,634
down €6,634 (-11.1%), from €59,564 to €52,930
mainly Net result for the year (-€4,739) and Receivables within one year (-€3,164)
- Receivables within one year +€3,164
up €3,164 (+22.6%), from €14,027 to €17,191
of which Other amounts receivable: +€3,164
- Deferred charges and accrued income -€1,689
no longer reported in 2025 (was €1,689)
- Reserves -€4,000
down €4,000 (-5.9%), from €67,360 to €63,360
of which Distributable reserves: -€4,000
- Tax, wage and social debts -€2,991
down €2,991 (-38.1%), from €7,846 to €4,855
- Trade debts +€2,211
up €2,211 (+30.7%), from €7,200 to €9,411
- Gross operating margin -€19,731
down €19,731, from €14,895 to -€4,836
- Taxes -€4,848
down €4,848 (-100.0%), from €4,850 to €1
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 | €104,930 | €99,704 | -€5,227 | -5.0% |
| Fixed assets | 21/28 | €520 | €342 | -€178 | -34.2% |
| Tangible fixed assets | 22/27 | €520 | €342 | -€178 | -34.2% |
| Plant, machinery and equipment | 23 | €520 | €342 | -€178 | -34.2% |
| Current assets | 29/58 | €104,410 | €99,362 | -€5,049 | -4.8% |
| Amounts receivable after more than one year | 29 | €27,500 | €27,500 | = | 0.0% |
| Other amounts receivable | 291 | €27,500 | €27,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,630 | €1,740 | +€110 | +6.7% |
| Stocks | 30/36 | €1,630 | €1,740 | +€110 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,027 | €17,191 | +€3,164 | +22.6% |
| Trade receivables | 40 | €519 | €519 | = | 0.0% |
| Other amounts receivable | 41 | €13,508 | €16,673 | +€3,164 | +23.4% |
| Cash at bank and in hand | 54/58 | €59,564 | €52,930 | -€6,634 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,689 | - | -€1,689 | |
| Total equity and liabilities | 10/49 | €104,930 | €99,704 | -€5,227 | -5.0% |
| Equity | 10/15 | €86,711 | €81,972 | -€4,739 | -5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,360 | €63,360 | -€4,000 | -5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,500 | €61,500 | -€4,000 | -6.1% |
| Profit (loss) carried forward | 14 | €751 | €12 | -€739 | -98.4% |
| Amounts payable | 17/49 | €18,219 | €17,732 | -€488 | -2.7% |
| Amounts payable within one year | 42/48 | €15,046 | €14,266 | -€780 | -5.2% |
| Trade debts | 44 | €7,200 | €9,411 | +€2,211 | +30.7% |
| Suppliers | 440/4 | €7,200 | €9,411 | +€2,211 | +30.7% |
| Taxes, remuneration and social security | 45 | €7,846 | €4,855 | -€2,991 | -38.1% |
| Taxes | 450/3 | €7,846 | €4,855 | -€2,991 | -38.1% |
| Accrued charges and deferred income | 492/3 | €3,174 | €3,466 | +€292 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €178 | -€0 | 0.0% |
| Other operating charges | 640/8 | €955 | €1,095 | +€139 | +14.6% |
| Gross operating margin | 9900 | €14,895 | -€4,836 | -€19,731 | |
| Operating profit (loss) | 9901 | €13,762 | -€6,109 | -€19,871 | |
| Financial income | 75/76B | €1,799 | €1,758 | -€42 | -2.3% |
| Recurring financial income | 75 | €1,799 | €1,758 | -€42 | -2.3% |
| Financial charges | 65/66B | €274 | €386 | +€112 | +40.9% |
| Recurring financial charges | 65 | €274 | €386 | +€112 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €15,287 | -€4,738 | -€20,025 | |
| Income taxes | 67/77 | €4,850 | €1 | -€4,848 | -100.0% |
| Profit (loss) for the period | 9904 | €10,437 | -€4,739 | -€15,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,437 | -€4,739 | -€15,176 |
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 13 October 2026 via checked.be.