MIDICON: 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.
MIDICON
Largest movements
- Receivables within one year -€99,061
down €99,061 (-73.3%), from €135,085 to €36,023
of which Trade receivables: -€79,778
- Cash -€19,900
down €19,900 (-82.2%), from €24,199 to €4,299
mainly Other debts (-€37,000) and Net result for the year (-€30,393)
- Deferred charges and accrued income +€9,827
up €9,827 (+440%), from €2,233 to €12,060
- Tangible fixed assets -€6,876
down €6,876 (-22.5%), from €30,499 to €23,623
of which Leasing and similar rights: -€7,008
- Other debts -€37,000
down €37,000 (-100%), from €37,000 to €0
- Profit (loss) carried forward -€30,393
down €30,393, from €66 to -€30,327
- Tax, wage and social debts -€26,436
down €26,436 (-99.5%), from €26,567 to €131
- Trade debts -€16,793
down €16,793 (-48.5%), from €34,590 to €17,797
- Debts after one year -€5,696
down €5,696 (-30.1%), from €18,909 to €13,213
- Gross operating margin -€98,034
down €98,034, from €78,962 to -€19,071
- Taxes -€22,791
down €22,791 (-99.5%), from €22,911 to €120
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.
Derived cash bridge
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 | €192,015 | €76,005 | -€116,010 | -60.4% |
| Fixed assets | 21/28 | €30,499 | €23,623 | -€6,876 | -22.5% |
| Tangible fixed assets | 22/27 | €30,499 | €23,623 | -€6,876 | -22.5% |
| Furniture and vehicles | 24 | €4,331 | €4,462 | +€131 | +3.0% |
| Leasing and similar rights | 25 | €26,168 | €19,161 | -€7,008 | -26.8% |
| Current assets | 29/58 | €161,516 | €52,382 | -€109,134 | -67.6% |
| Amounts receivable within one year | 40/41 | €135,085 | €36,023 | -€99,061 | -73.3% |
| Trade receivables | 40 | €98,156 | €18,378 | -€79,778 | -81.3% |
| Other amounts receivable | 41 | €36,929 | €17,646 | -€19,283 | -52.2% |
| Cash at bank and in hand | 54/58 | €24,199 | €4,299 | -€19,900 | -82.2% |
| Deferred charges and accrued income | 490/1 | €2,233 | €12,060 | +€9,827 | +440% |
| Total equity and liabilities | 10/49 | €192,015 | €76,005 | -€116,010 | -60.4% |
| Equity | 10/15 | €69,061 | €38,668 | -€30,393 | -44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,395 | €50,395 | = | 0.0% |
| Distributable reserves | 133 | €50,395 | €50,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66 | -€30,327 | -€30,393 | |
| Amounts payable | 17/49 | €122,954 | €37,337 | -€85,617 | -69.6% |
| Amounts payable after more than one year | 17 | €18,909 | €13,213 | -€5,696 | -30.1% |
| Financial debts | 170/4 | €18,909 | €13,213 | -€5,696 | -30.1% |
| Amounts payable within one year | 42/48 | €103,555 | €23,624 | -€79,931 | -77.2% |
| Current portion of amounts payable after more than one year | 42 | €5,397 | €5,696 | +€299 | +5.5% |
| Trade debts | 44 | €34,590 | €17,797 | -€16,793 | -48.5% |
| Suppliers | 440/4 | €34,590 | €17,797 | -€16,793 | -48.5% |
| Taxes, remuneration and social security | 45 | €26,567 | €131 | -€26,436 | -99.5% |
| Taxes | 450/3 | €26,567 | €131 | -€26,436 | -99.5% |
| Other amounts payable | 47/48 | €37,000 | €0 | -€37,000 | -100% |
| Accrued charges and deferred income | 492/3 | €490 | €500 | +€10 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,974 | €9,266 | +€291 | +3.2% |
| Other operating charges | 640/8 | €1,359 | €1,220 | -€139 | -10.2% |
| Gross operating margin | 9900 | €78,962 | -€19,071 | -€98,034 | |
| Operating profit (loss) | 9901 | €68,629 | -€29,557 | -€98,186 | |
| Financial income | 75/76B | €150 | €675 | +€525 | +351% |
| Recurring financial income | 75 | €150 | €675 | +€525 | +351% |
| Financial charges | 65/66B | €2,037 | €1,392 | -€646 | -31.7% |
| Recurring financial charges | 65 | €2,037 | €1,392 | -€646 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €66,742 | -€30,273 | -€97,015 | |
| Income taxes | 67/77 | €22,911 | €120 | -€22,791 | -99.5% |
| Profit (loss) for the period | 9904 | €43,831 | -€30,393 | -€74,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,831 | -€30,393 | -€74,224 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.