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MIDI SILVER: 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

MIDI SILVER

BE 0741.788.692
NACE 47.770, Retail sale of watches and jewellery
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€14,488
2023 · €145+€14,343
Equity
€8,508
2023 · -€5,980+€14,488
Cash
€15,202
2023 · €9,643+€5,558
Balance sheet total
€111,107
2023 · €63,099+€48,008

Largest movements

2023 to 2024
Assets
  • Stocks and contracts +€43,450

    up €43,450 (+87.9%), from €49,455 to €92,905

  • Cash +€5,558

    up €5,558 (+57.6%), from €9,643 to €15,202

    mainly Other debts (+€80,929) and Net result for the year (+€14,488)

Equity and liabilities
  • Other debts +€80,929

    up €80,929 (+688.0%), from €11,763 to €92,692

  • Trade debts -€50,364

    down €50,364 (-89.0%), from €56,567 to €6,203

  • Profit (loss) carried forward +€14,488

    up €14,488, from -€9,130 to €5,358

  • Tax, wage and social debts +€2,955

    up €2,955 (+394.7%), from €749 to €3,704

Income statement
  • Gross operating margin +€15,334

    up €15,334 (+1192.3%), from €1,286 to €16,620

  • Other operating charges +€780

    new in 2024: €780

  • Financial charges +€172

    up €172 (+122.3%), from €141 to €313

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 €145
Gross operating margin +€15,334
Other operating charges -€780
Financial charges -€172
Taxes -€39
Result 2024 €14,488

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 +€5,558
Investment €0
Financing €0
Cash 2023 €9,643
Net result for the year +€14,488
Depreciation +€1,000
Stocks and contracts -€43,450
Trade debts -€50,364
Tax, wage and social debts +€2,955
Other debts +€80,929
Cash 2024 €15,202
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €63,099 €111,107 +€48,008 +76.1%
Fixed assets 21/28 €4,000 €3,000 -€1,000 -25.0%
Intangible fixed assets 21 €4,000 €3,000 -€1,000 -25.0%
Current assets 29/58 €59,099 €108,107 +€49,008 +82.9%
Stocks and contracts in progress 3 €49,455 €92,905 +€43,450 +87.9%
Stocks 30/36 €49,455 €92,905 +€43,450 +87.9%
Cash at bank and in hand 54/58 €9,643 €15,202 +€5,558 +57.6%
Total equity and liabilities 10/49 €63,099 €111,107 +€48,008 +76.1%
Equity 10/15 -€5,980 €8,508 +€14,488
Contributions 10/11 €3,000 €3,000 = 0.0%
Capital 10 €3,000 €3,000 = 0.0%
Issued capital 100 €3,000 €3,000 = 0.0%
Reserves 13 €150 €150 = 0.0%
Non-distributable reserves 130/1 €150 €150 = 0.0%
Legal reserve 130 €150 €150 = 0.0%
Profit (loss) carried forward 14 -€9,130 €5,358 +€14,488
Amounts payable 17/49 €69,078 €102,599 +€33,520 +48.5%
Amounts payable within one year 42/48 €69,078 €102,599 +€33,520 +48.5%
Trade debts 44 €56,567 €6,203 -€50,364 -89.0%
Suppliers 440/4 €56,567 €6,203 -€50,364 -89.0%
Taxes, remuneration and social security 45 €749 €3,704 +€2,955 +394.7%
Taxes 450/3 €749 €3,704 +€2,955 +394.7%
Other amounts payable 47/48 €11,763 €92,692 +€80,929 +688.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,000 €1,000 = 0.0%
Other operating charges 640/8 - €780 +€780
Gross operating margin 9900 €1,286 €16,620 +€15,334 +1192.3%
Operating profit (loss) 9901 €286 €14,840 +€14,554 +5086.8%
Financial charges 65/66B €141 €313 +€172 +122.3%
Recurring financial charges 65 €141 €313 +€172 +122.3%
Profit (loss) for the period before taxes 9903 €145 €14,527 +€14,382 +9902.0%
Income taxes 67/77 - €39 +€39
Profit (loss) for the period 9904 €145 €14,488 +€14,343 +9875.3%
Profit (loss) for the period to be appropriated 9905 €145 €14,488 +€14,343 +9875.3%

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 29 September 2026 via checked.be.