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MiD Services: what changed

Two fiscal 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.

What changed

MiD Services

BE 0840.650.795
NACE 96.910, Personal service activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€11,011
2023 · -€36,244+€47,255
Equity
€23,173
2023 · €15,329+€7,844
Cash
€46,329
2023 · €42,821+€3,509
Balance sheet total
€55,290
2023 · €124,073-€68,783

Largest movements

2023 to 2024
Assets
  • Deferred charges and accrued income -€54,000

    no longer reported in 2024 (was €54,000)

  • Receivables within one year -€18,292

    down €18,292 (-67.1%), from €27,252 to €8,961

    of which Other amounts receivable: -€26,387

  • Cash +€3,509

    up €3,509 (+8.2%), from €42,821 to €46,329

    mainly Deferred charges and accrued income (+€54,000) and Receivables within one year (+€18,292)

Equity and liabilities
  • Debts within one year -€41,627

    down €41,627 (-56.4%), from €73,743 to €32,117

  • Debts after one year -€35,000

    no longer reported in 2024 (was €35,000)

  • Profit (loss) carried forward +€7,844

    up €7,844 (+51.2%), from €15,329 to €23,173

Income statement
  • Gross operating margin +€57,981

    up €57,981 (+9.3%), from €623,359 to €681,341

  • Staff costs +€17,594

    up €17,594 (+2.7%), from €651,570 to €669,164

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€36,244
Gross operating margin +€57,981
Staff costs -€17,594
Depreciation +€737
Other operating charges +€63
Financial charges -€545
Taxes +€6,613
Result 2024 €11,011

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€41,676
Investment €0
Financing -€38,167
Cash 2023 €42,821
Net result for the year +€11,011
Receivables within one year +€18,292
Deferred charges and accrued income +€54,000
Debts within one year -€41,627
Debts after one year -€35,000
Contributions, distributions and other -€3,167
Cash 2024 €46,329
Every line side by side 28 lines
Line Code 2023 2024 Change %
Total assets 20/58 €124,073 €55,290 -€68,783 -55.4%
Current assets 29/58 €124,073 €55,290 -€68,783 -55.4%
Amounts receivable within one year 40/41 €27,252 €8,961 -€18,292 -67.1%
Trade receivables 40 - €8,096 +€8,096
Other amounts receivable 41 €27,252 €865 -€26,387 -96.8%
Cash at bank and in hand 54/58 €42,821 €46,329 +€3,509 +8.2%
Deferred charges and accrued income 490/1 €54,000 - -€54,000
Total equity and liabilities 10/49 €124,073 €55,290 -€68,783 -55.4%
Equity 10/15 €15,329 €23,173 +€7,844 +51.2%
Profit (loss) carried forward 14 €15,329 €23,173 +€7,844 +51.2%
Amounts payable 17/49 €108,743 €32,117 -€76,627 -70.5%
Amounts payable after more than one year 17 €35,000 - -€35,000
Financial debts 170/4 €35,000 - -€35,000
Amounts payable within one year 42/48 €73,743 €32,117 -€41,627 -56.4%
Current portion of amounts payable after more than one year 42 - €6,817 +€6,817
Trade debts 44 €1,813 €7,369 +€5,556 +306.4%
Suppliers 440/4 €1,813 €7,369 +€5,556 +306.4%
Remuneration, social security and pensions 62 €651,570 €669,164 +€17,594 +2.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €737 - -€737
Other operating charges 640/8 €63 - -€63
Gross operating margin 9900 €623,359 €681,341 +€57,981 +9.3%
Operating profit (loss) 9901 -€29,011 €12,177 +€41,187
Financial charges 65/66B €621 €1,165 +€545 +87.7%
Recurring financial charges 65 €621 €1,165 +€545 +87.7%
Profit (loss) for the period before taxes 9903 -€29,631 €11,011 +€40,643
Income taxes 67/77 €6,613 - -€6,613
Profit (loss) for the period 9904 -€36,244 €11,011 +€47,255
Profit (loss) for the period to be appropriated 9905 -€36,244 €11,011 +€47,255

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.