MIDI: 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.
MIDI
Largest movements
- Receivables within one year +€44,512
up €44,512 (+319.9%), from €13,915 to €58,427
- Tangible fixed assets -€34,514
down €34,514 (-16.0%), from €215,936 to €181,422
- Cash +€34,356
up €34,356 (+382.7%), from €8,977 to €43,333
mainly Net result for the year (+€78,492) and Investment in fixed assets (net) (+€24,082)
- Financial fixed assets -€6,050
no longer reported in 2024 (was €6,050)
- Profit (loss) carried forward +€78,492
up €78,492 (+69.3%), from €113,267 to €191,759
- Tax, wage and social debts -€22,662
down €22,662 (-89.5%), from €25,314 to €2,652
of which Taxes: -€19,664
- Current portion of long-term debt -€12,760
down €12,760 (-83.2%), from €15,343 to €2,584
- Accrued charges and deferred income -€3,478
down €3,478 (-75.9%), from €4,582 to €1,103
- Gross operating margin +€50,583
up €50,583 (+68.5%), from €73,860 to €124,442
- Staff costs -€37,684
down €37,684 (-99.0%), from €38,053 to €369
- Taxes +€25,702
up €25,702 (+1318.0%), from €1,950 to €27,652
- Other operating charges -€3,868
down €3,868 (-57.9%), from €6,682 to €2,814
- Depreciation -€3,704
down €3,704 (-18.4%), from €20,186 to €16,482
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,569 | €287,857 | +€36,288 | +14.4% |
| Fixed assets | 21/28 | €221,986 | €181,422 | -€40,564 | -18.3% |
| Tangible fixed assets | 22/27 | €215,936 | €181,422 | -€34,514 | -16.0% |
| Land and buildings | 22 | €167,450 | €158,811 | -€8,638 | -5.2% |
| Plant, machinery and equipment | 23 | €14,894 | - | -€14,894 | |
| Furniture and vehicles | 24 | €33,592 | €22,610 | -€10,982 | -32.7% |
| Financial fixed assets | 28 | €6,050 | - | -€6,050 | |
| Current assets | 29/58 | €29,583 | €106,435 | +€76,852 | +259.8% |
| Amounts receivable within one year | 40/41 | €13,915 | €58,427 | +€44,512 | +319.9% |
| Other amounts receivable | 41 | €13,915 | €58,427 | +€44,512 | +319.9% |
| Cash at bank and in hand | 54/58 | €8,977 | €43,333 | +€34,356 | +382.7% |
| Deferred charges and accrued income | 490/1 | €6,691 | €4,675 | -€2,016 | -30.1% |
| Total equity and liabilities | 10/49 | €251,569 | €287,857 | +€36,288 | +14.4% |
| Equity | 10/15 | €202,852 | €281,345 | +€78,492 | +38.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €64,796 | €64,796 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,337 | €5,337 | = | 0.0% |
| Distributable reserves | 133 | €59,460 | €59,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,267 | €191,759 | +€78,492 | +69.3% |
| Amounts payable | 17/49 | €48,717 | €6,512 | -€42,204 | -86.6% |
| Amounts payable after more than one year | 17 | €2,584 | - | -€2,584 | |
| Financial debts | 170/4 | €2,584 | - | -€2,584 | |
| Amounts payable within one year | 42/48 | €41,551 | €5,409 | -€36,142 | -87.0% |
| Current portion of amounts payable after more than one year | 42 | €15,343 | €2,584 | -€12,760 | -83.2% |
| Trade debts | 44 | €869 | €173 | -€697 | -80.1% |
| Suppliers | 440/4 | €869 | €173 | -€697 | -80.1% |
| Taxes, remuneration and social security | 45 | €25,314 | €2,652 | -€22,662 | -89.5% |
| Taxes | 450/3 | €22,316 | €2,652 | -€19,664 | -88.1% |
| Remuneration and social security | 454/9 | €2,999 | - | -€2,999 | |
| Other amounts payable | 47/48 | €24 | - | -€24 | |
| Accrued charges and deferred income | 492/3 | €4,582 | €1,103 | -€3,478 | -75.9% |
| Non-recurring operating income | 76A | - | €176,968 | +€176,968 | |
| Remuneration, social security and pensions | 62 | €38,053 | €369 | -€37,684 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,186 | €16,482 | -€3,704 | -18.4% |
| Other operating charges | 640/8 | €6,682 | €2,814 | -€3,868 | -57.9% |
| Gross operating margin | 9900 | €73,860 | €124,442 | +€50,583 | +68.5% |
| Operating profit (loss) | 9901 | €8,939 | €104,778 | +€95,839 | +1072.2% |
| Financial income | 75/76B | €1 | €2,063 | +€2,062 | +343731.7% |
| Recurring financial income | 75 | €1 | €2,063 | +€2,062 | +343731.7% |
| Financial charges | 65/66B | €770 | €696 | -€73 | -9.5% |
| Recurring financial charges | 65 | €770 | €696 | -€73 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €8,170 | €106,144 | +€97,975 | +1199.3% |
| Income taxes | 67/77 | €1,950 | €27,652 | +€25,702 | +1318.0% |
| Profit (loss) for the period | 9904 | €6,220 | €78,492 | +€72,273 | +1162.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,220 | €78,492 | +€72,273 | +1162.0% |
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 7 October 2026 via checked.be.