MIDASCO: 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.
MIDASCO
Largest movements
- Receivables within one year +€200,019
up €200,019 (+4723.0%), from €4,235 to €204,254
of which Other amounts receivable: +€200,000
- Cash +€13,180
up €13,180 (+6.7%), from €198,016 to €211,196
mainly Net result for the year (+€240,265) and Other debts (+€21,691)
- Reserves +€166,517
up €166,517 (+64.1%), from €259,847 to €426,363
- Other debts +€21,691
up €21,691 (+27.1%), from €80,152 to €101,843
- Tax, wage and social debts +€21,553
up €21,553 (+174.7%), from €12,338 to €33,891
- Financial income +€103,293
up €103,293 (+97.2%), from €106,270 to €209,563
- Taxes +€15,415
up €15,415 (+50.5%), from €30,495 to €45,910
- Gross operating margin +€14,412
up €14,412 (+19.7%), from €73,144 to €87,556
- Financial charges -€2,596
down €2,596 (-39.1%), from €6,638 to €4,042
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 | €437,796 | €648,249 | +€210,453 | +48.1% |
| Fixed assets | 21/28 | €140,545 | €137,799 | -€2,746 | -2.0% |
| Tangible fixed assets | 22/27 | €40,188 | €37,442 | -€2,746 | -6.8% |
| Land and buildings | 22 | €39,702 | €35,993 | -€3,709 | -9.3% |
| Furniture and vehicles | 24 | €486 | €1,449 | +€963 | +198.4% |
| Financial fixed assets | 28 | €100,358 | €100,358 | = | 0.0% |
| Current assets | 29/58 | €297,251 | €510,450 | +€213,199 | +71.7% |
| Amounts receivable after more than one year | 29 | €95,000 | €95,000 | = | 0.0% |
| Other amounts receivable | 291 | €95,000 | €95,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,235 | €204,254 | +€200,019 | +4723.0% |
| Trade receivables | 40 | €4,235 | €4,254 | +€19 | +0.4% |
| Other amounts receivable | 41 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €198,016 | €211,196 | +€13,180 | +6.7% |
| Total equity and liabilities | 10/49 | €437,796 | €648,249 | +€210,453 | +48.1% |
| Equity | 10/15 | €344,522 | €511,038 | +€166,517 | +48.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €259,847 | €426,363 | +€166,517 | +64.1% |
| Distributable reserves | 133 | €259,847 | €426,363 | +€166,517 | +64.1% |
| Profit (loss) carried forward | 14 | €66,083 | €66,083 | = | 0.0% |
| Amounts payable | 17/49 | €93,275 | €137,211 | +€43,936 | +47.1% |
| Amounts payable within one year | 42/48 | €93,275 | €137,211 | +€43,936 | +47.1% |
| Trade debts | 44 | €785 | €1,477 | +€692 | +88.2% |
| Suppliers | 440/4 | €785 | €1,477 | +€692 | +88.2% |
| Taxes, remuneration and social security | 45 | €12,338 | €33,891 | +€21,553 | +174.7% |
| Taxes | 450/3 | €12,338 | €33,891 | +€21,553 | +174.7% |
| Other amounts payable | 47/48 | €80,152 | €101,843 | +€21,691 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,908 | €4,523 | +€615 | +15.7% |
| Other operating charges | 640/8 | €2,410 | €2,379 | -€31 | -1.3% |
| Gross operating margin | 9900 | €73,144 | €87,556 | +€14,412 | +19.7% |
| Operating profit (loss) | 9901 | €66,826 | €80,654 | +€13,828 | +20.7% |
| Financial income | 75/76B | €106,270 | €209,563 | +€103,293 | +97.2% |
| Recurring financial income | 75 | €106,270 | €209,563 | +€103,293 | +97.2% |
| Financial charges | 65/66B | €6,638 | €4,042 | -€2,596 | -39.1% |
| Recurring financial charges | 65 | €6,638 | €4,042 | -€2,596 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €166,458 | €286,175 | +€119,717 | +71.9% |
| Income taxes | 67/77 | €30,495 | €45,910 | +€15,415 | +50.5% |
| Profit (loss) for the period | 9904 | €135,963 | €240,265 | +€104,303 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,963 | €240,265 | +€104,303 | +76.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.