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MIDEVA: 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.

What changed

MIDEVA

BE 0864.812.309
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€736
2024 · €869-€133
Equity
€76,522
2024 · €75,786+€736
Cash
€5,321
2024 · €4,414+€906
Balance sheet total
€180,579
2024 · €154,843+€25,736

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€24,829

    up €24,829 (+16.5%), from €150,429 to €175,258

Equity and liabilities
  • Other debts +€25,000

    up €25,000 (+31.6%), from €79,057 to €104,057

Income statement
  • Purchases and services +€2,145

    new in 2025: €2,145

  • Other operating charges +€426

    up €426 (+50.2%), from €847 to €1,273

  • Gross operating margin +€292

    up €292 (+16.6%), from €1,758 to €2,050

From the 2024 result to the 2025 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 2024 €869
Gross operating margin +€292
Other operating charges -€426
Result 2025 €736
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€25,736
Investment -€24,829
Financing €0
Cash 2024 €4,414
Net result for the year +€736
Other debts +€25,000
Investment in fixed assets (net) -€24,829
Cash 2025 €5,321
brings cash intakes cash out
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €154,843 €180,579 +€25,736 +16.6%
Formation expenses 20 - €0 =
Fixed assets 21/28 €150,429 €175,258 +€24,829 +16.5%
Tangible fixed assets 22/27 €150,429 €175,258 +€24,829 +16.5%
Land and buildings 22 €150,429 €175,258 +€24,829 +16.5%
Current assets 29/58 €4,414 €5,321 +€906 +20.5%
Cash at bank and in hand 54/58 €4,414 €5,321 +€906 +20.5%
Total equity and liabilities 10/49 €154,843 €180,579 +€25,736 +16.6%
Equity 10/15 €75,786 €76,522 +€736 +1.0%
Contributions 10/11 €82,000 €82,000 = 0.0%
Contributions outside capital 11 - €82,000 +€82,000
Other 1109/19 - €82,000 +€82,000
Profit (loss) carried forward 14 -€6,214 -€5,478 +€736 +11.8%
Amounts payable 17/49 €79,057 €104,057 +€25,000 +31.6%
Amounts payable within one year 42/48 €79,057 €104,057 +€25,000 +31.6%
Trade debts 44 - €0 =
Suppliers 440/4 - €0 =
Other amounts payable 47/48 €79,057 €104,057 +€25,000 +31.6%
Goods, raw materials, services and sundry goods 60/61 - €2,145 +€2,145
Other operating charges 640/8 €847 €1,273 +€426 +50.2%
Gross operating margin 9900 €1,758 €2,050 +€292 +16.6%
Operating profit (loss) 9901 €911 €778 -€133 -14.6%
Financial charges 65/66B €42 €42 = 0.0%
Recurring financial charges 65 €42 €42 = 0.0%
Profit (loss) for the period before taxes 9903 €869 €736 -€133 -15.4%
Profit (loss) for the period 9904 €869 €736 -€133 -15.4%
Profit (loss) for the period to be appropriated 9905 €869 €736 -€133 -15.4%

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.