MIDA Bytes: 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.
MIDA Bytes
Largest movements
- Cash -€19,222
down €19,222 (-54.7%), from €35,147 to €15,925
mainly Receivables within one year (-€15,775) and Other debts (-€13,803)
- Receivables within one year +€15,775
up €15,775 (+81.4%), from €19,373 to €35,148
of which Trade receivables: +€13,866
- Current investments +€10,000
new in 2025: €10,000
- Reserves +€20,920
up €20,920 (+20.2%), from €103,462 to €124,383
- Other debts -€13,803
down €13,803 (-97.2%), from €14,206 to €403
- Trade debts +€13,087
up €13,087 (+271.8%), from €4,814 to €17,902
- Debts after one year -€9,644
down €9,644 (-9.1%), from €106,152 to €96,508
- Gross operating margin -€9,102
down €9,102 (-17.2%), from €53,022 to €43,920
- Taxes -€2,410
down €2,410 (-22.1%), from €10,881 to €8,472
- Other operating charges -€1,268
down €1,268 (-39.4%), from €3,217 to €1,949
- Depreciation +€1,230
up €1,230 (+13.1%), from €9,358 to €10,589
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 | €257,352 | €266,889 | +€9,537 | +3.7% |
| Fixed assets | 21/28 | €169,025 | €170,254 | +€1,229 | +0.7% |
| Tangible fixed assets | 22/27 | €169,025 | €170,254 | +€1,229 | +0.7% |
| Land and buildings | 22 | €146,722 | €141,708 | -€5,014 | -3.4% |
| Plant, machinery and equipment | 23 | - | €10,587 | +€10,587 | |
| Other tangible fixed assets | 26 | €22,303 | €17,958 | -€4,345 | -19.5% |
| Current assets | 29/58 | €88,327 | €96,635 | +€8,308 | +9.4% |
| Stocks and contracts in progress | 3 | €26,283 | €28,662 | +€2,379 | +9.1% |
| Stocks | 30/36 | €26,283 | €28,662 | +€2,379 | +9.1% |
| Amounts receivable within one year | 40/41 | €19,373 | €35,148 | +€15,775 | +81.4% |
| Trade receivables | 40 | €18,254 | €32,120 | +€13,866 | +76.0% |
| Other amounts receivable | 41 | €1,119 | €3,028 | +€1,910 | +170.7% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €35,147 | €15,925 | -€19,222 | -54.7% |
| Deferred charges and accrued income | 490/1 | €7,524 | €6,900 | -€624 | -8.3% |
| Total equity and liabilities | 10/49 | €257,352 | €266,889 | +€9,537 | +3.7% |
| Equity | 10/15 | €115,862 | €136,783 | +€20,920 | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €103,462 | €124,383 | +€20,920 | +20.2% |
| Distributable reserves | 133 | €103,462 | €124,383 | +€20,920 | +20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €141,490 | €130,106 | -€11,383 | -8.0% |
| Amounts payable after more than one year | 17 | €106,152 | €96,508 | -€9,644 | -9.1% |
| Financial debts | 170/4 | €106,152 | €96,508 | -€9,644 | -9.1% |
| Amounts payable within one year | 42/48 | €35,046 | €33,576 | -€1,470 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €9,499 | €9,644 | +€145 | +1.5% |
| Trade debts | 44 | €4,814 | €17,902 | +€13,087 | +271.8% |
| Suppliers | 440/4 | €4,814 | €17,902 | +€13,087 | +271.8% |
| Taxes, remuneration and social security | 45 | €6,527 | €5,627 | -€901 | -13.8% |
| Taxes | 450/3 | €6,527 | €5,627 | -€901 | -13.8% |
| Other amounts payable | 47/48 | €14,206 | €403 | -€13,803 | -97.2% |
| Accrued charges and deferred income | 492/3 | €291 | €22 | -€269 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,358 | €10,589 | +€1,230 | +13.1% |
| Other operating charges | 640/8 | €3,217 | €1,949 | -€1,268 | -39.4% |
| Gross operating margin | 9900 | €53,022 | €43,920 | -€9,102 | -17.2% |
| Operating profit (loss) | 9901 | €40,446 | €31,382 | -€9,064 | -22.4% |
| Financial income | 75/76B | €392 | €553 | +€161 | +41.1% |
| Recurring financial income | 75 | €392 | €553 | +€161 | +41.1% |
| Financial charges | 65/66B | €2,769 | €2,543 | -€226 | -8.2% |
| Recurring financial charges | 65 | €2,769 | €2,543 | -€226 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €38,069 | €29,392 | -€8,677 | -22.8% |
| Income taxes | 67/77 | €10,881 | €8,472 | -€2,410 | -22.1% |
| Profit (loss) for the period | 9904 | €27,188 | €20,920 | -€6,267 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,188 | €20,920 | -€6,267 | -23.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.