MIDIKO: what changed
What changed
MIDIKO
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
€4,464
2024 · -€6,711+€11,176
Equity
€245,914
2024 · €241,450+€4,464
Cash
€30,445
2024 · €183,973-€153,527
Balance sheet total
€448,237
2024 · €614,699-€166,461
Largest movements
Assets
- Cash -€153,527
down €153,527 (-83.5%), from €183,973 to €30,445
mainly Other debts (-€171,030) and Receivables within one year (-€25,081)
- Tangible fixed assets -€38,015
down €38,015 (-8.9%), from €426,966 to €388,951
- Receivables within one year +€25,081
up €25,081 (+667%), from €3,760 to €28,841
of which Trade receivables: +€24,572
Equity and liabilities
- Other debts -€171,030
down €171,030 (-64.6%), from €264,622 to €93,592
- Current portion of long-term debt +€24,079
up €24,079, from €0 to €24,079
- Debts after one year -€20,959
down €20,959 (-20.5%), from €102,369 to €81,410
of which Other amounts payable: -€102,369
Income statement
- Gross operating margin -€40,648
down €40,648 (-42.1%), from €96,501 to €55,853
- Depreciation -€20,635
down €20,635 (-35.2%), from €58,650 to €38,015
- Financial charges -€16,544
down €16,544 (-60.7%), from €27,245 to €10,702
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€6,711
Gross operating margin
-€40,648
Staff costs
+€34
Depreciation
+€20,635
Other operating charges
-€884
Other operating items
+€15,494
Financial income
+€0
Financial charges
+€16,544
Result 2025
€4,464
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€156,647
Investment
€0
Financing
+€3,120
Cash 2024
€183,973
From operations (derived)
-€156,647
Net result for the year
+€4,464
Depreciation
+€38,015
Receivables within one year
-€25,081
Trade debts
+€693
Tax, wage and social debts
-€3,709
Other debts
-€171,030
Financing
+€3,120
Debts after one year
-€20,959
Current portion of long-term debt
+€24,079
Cash 2025
€30,445
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €614,699 | €448,237 | -€166,461 | -27.1% |
| Fixed assets | 21/28 | €426,966 | €388,951 | -€38,015 | -8.9% |
| Tangible fixed assets | 22/27 | €426,966 | €388,951 | -€38,015 | -8.9% |
| Land and buildings | 22 | €344,672 | €329,830 | -€14,843 | -4.3% |
| Plant, machinery and equipment | 23 | €47,298 | €37,058 | -€10,240 | -21.7% |
| Furniture and vehicles | 24 | €34,995 | €22,063 | -€12,932 | -37.0% |
| Current assets | 29/58 | €187,733 | €59,286 | -€128,447 | -68.4% |
| Amounts receivable within one year | 40/41 | €3,760 | €28,841 | +€25,081 | +667% |
| Trade receivables | 40 | €0 | €24,572 | +€24,572 | |
| Other amounts receivable | 41 | €3,760 | €4,269 | +€508 | +13.5% |
| Cash at bank and in hand | 54/58 | €183,973 | €30,445 | -€153,527 | -83.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €614,699 | €448,237 | -€166,461 | -27.1% |
| Equity | 10/15 | €241,450 | €245,914 | +€4,464 | +1.8% |
| Contributions | 10/11 | €11,841 | €11,841 | = | 0.0% |
| Reserves | 13 | €256,663 | €256,663 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,776 | €1,776 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,776 | €1,776 | = | 0.0% |
| Distributable reserves | 133 | €254,887 | €254,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,055 | -€22,590 | +€4,464 | +16.5% |
| Amounts payable | 17/49 | €373,249 | €202,323 | -€170,926 | -45.8% |
| Amounts payable after more than one year | 17 | €102,369 | €81,410 | -€20,959 | -20.5% |
| Financial debts | 170/4 | €0 | €81,410 | +€81,410 | |
| Other amounts payable | 178/9 | €102,369 | €0 | -€102,369 | -100% |
| Amounts payable within one year | 42/48 | €270,880 | €120,913 | -€149,967 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €24,079 | +€24,079 | |
| Trade debts | 44 | €393 | €1,086 | +€693 | +176% |
| Suppliers | 440/4 | €393 | €1,086 | +€693 | +176% |
| Taxes, remuneration and social security | 45 | €5,866 | €2,156 | -€3,709 | -63.2% |
| Taxes | 450/3 | €5,866 | €2,156 | -€3,709 | -63.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €264,622 | €93,592 | -€171,030 | -64.6% |
| Non-recurring operating income | 76A | €243 | €0 | -€243 | -100% |
| Remuneration, social security and pensions | 62 | €34 | €0 | -€34 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,650 | €38,015 | -€20,635 | -35.2% |
| Other operating charges | 640/8 | €1,789 | €2,673 | +€884 | +49.4% |
| Non-recurring operating charges | 66A | €15,494 | €0 | -€15,494 | -100% |
| Gross operating margin | 9900 | €96,501 | €55,853 | -€40,648 | -42.1% |
| Operating profit (loss) | 9901 | €20,534 | €15,166 | -€5,369 | -26.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €27,245 | €10,702 | -€16,544 | -60.7% |
| Recurring financial charges | 65 | €27,245 | €10,702 | -€16,544 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,711 | €4,464 | +€11,176 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,711 | €4,464 | +€11,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,711 | €4,464 | +€11,176 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.