MIDILUC: 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
MIDILUC
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3.1m
2024 · -€72,565-€3.0m
Equity
€10.7m
2024 · €13.8m-€3.1m
Cash
€78,015
2024 · €462+€77,554
Balance sheet total
€10.8m
2024 · €14.1m-€3.4m
Largest movements
Assets
- Financial fixed assets -€3.2m
down €3.2m (-24.1%), from €13.4m to €10.1m
- Receivables within one year -€225,043
down €225,043 (-85.3%), from €263,886 to €38,844
of which Trade receivables: -€210,649
Equity and liabilities
- Reserves -€3.1m
down €3.1m (-61.9%), from €5.0m to €1.9m
of which Distributable reserves: -€3.1m
Income statement
- Financial charges +€3.1m
up €3.1m (+209490.4%), from €1,497 to €3.1m
of which Non-recurring financial charges: +€3.1m
- Goods and materials -€1.5m
down €1.5m (-35.3%), from €4.2m to €2.7m
of which Purchases: -€1.3m
- Turnover -€1.5m
down €1.5m (-34.6%), from €4.3m to €2.8m
- Financial income +€79,970
up €79,970, from €0 to €79,970
of which Non-recurring financial income: +€79,970
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.
Result 2024
-€72,565
Turnover
-€1.5m
Other operating income
-€5,954
Goods and materials
+€1.5m
Services and other goods
+€14,578
Other operating charges
-€131
Financial income
+€79,970
Financial charges
-€3.1m
Taxes
-€1
Result 2025
-€3.1m
Cash bridge derived
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
-€3.1m
Investment
+€3.2m
Financing
-€3,000
Cash 2024
€462
From operations (derived)
-€3.1m
Net result for the year
-€3.1m
Depreciation
+€394
Smaller working-capital items
-€118
Receivables within one year
+€225,043
Trade debts
-€129,764
Other debts
-€121,850
Investment (derived)
+€3.2m
Investment in fixed assets (net)
+€3.2m
Financing
-€3,000
Debts after one year
-€3,000
Cash 2025
€78,015
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,136,404 | €10,763,057 | -€3.4m | -23.9% |
| Fixed assets | 21/28 | €13,423,367 | €10,197,674 | -€3.2m | -24.0% |
| Tangible fixed assets | 22/27 | €57,849 | €57,455 | -€394 | -0.7% |
| Other tangible fixed assets | 26 | €57,849 | €57,455 | -€394 | -0.7% |
| Financial fixed assets | 28 | €13,365,518 | €10,140,219 | -€3.2m | -24.1% |
| Affiliated companies | 280/1 | €13,365,518 | €10,140,219 | -€3.2m | -24.1% |
| Participating interests | 280 | €13,365,518 | €10,140,219 | -€3.2m | -24.1% |
| Current assets | 29/58 | €713,038 | €565,383 | -€147,655 | -20.7% |
| Stocks and contracts in progress | 3 | €447,638 | €447,521 | -€116 | 0.0% |
| Stocks | 30/36 | €447,638 | €447,521 | -€116 | 0.0% |
| Goods purchased for resale | 34 | €447,638 | €447,521 | -€116 | 0.0% |
| Amounts receivable within one year | 40/41 | €263,886 | €38,844 | -€225,043 | -85.3% |
| Trade receivables | 40 | €237,791 | €27,142 | -€210,649 | -88.6% |
| Other amounts receivable | 41 | €26,095 | €11,702 | -€14,393 | -55.2% |
| Cash at bank and in hand | 54/58 | €462 | €78,015 | +€77,554 | +16798.1% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,003 | -€49 | -4.7% |
| Total equity and liabilities | 10/49 | €14,136,404 | €10,763,057 | -€3.4m | -23.9% |
| Equity | 10/15 | €13,835,278 | €10,716,828 | -€3.1m | -22.5% |
| Contributions | 10/11 | €8,793,751 | €8,793,751 | = | 0.0% |
| Capital | 10 | €8,793,751 | €8,793,751 | = | 0.0% |
| Issued capital | 100 | €8,793,751 | €8,793,751 | = | 0.0% |
| Reserves | 13 | €5,041,527 | €1,923,077 | -€3.1m | -61.9% |
| Non-distributable reserves | 130/1 | €36,300 | €36,300 | = | 0.0% |
| Legal reserve | 130 | €36,300 | €36,300 | = | 0.0% |
| Distributable reserves | 133 | €5,005,227 | €1,886,777 | -€3.1m | -62.3% |
| Amounts payable | 17/49 | €301,126 | €46,229 | -€254,898 | -84.6% |
| Amounts payable after more than one year | 17 | €3,000 | €0 | -€3,000 | -100.0% |
| Other amounts payable | 178/9 | €3,000 | €0 | -€3,000 | -100.0% |
| Amounts payable within one year | 42/48 | €297,843 | €46,229 | -€251,614 | -84.5% |
| Trade debts | 44 | €175,992 | €46,229 | -€129,764 | -73.7% |
| Suppliers | 440/4 | €175,992 | €46,229 | -€129,764 | -73.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €121,850 | €0 | -€121,850 | -100.0% |
| Accrued charges and deferred income | 492/3 | €283 | €0 | -€283 | -100.0% |
| Operating income | 70/76A | €4,272,395 | €2,790,210 | -€1.5m | -34.7% |
| Turnover | 70 | €4,265,369 | €2,789,137 | -€1.5m | -34.6% |
| Other operating income | 74 | €7,026 | €1,073 | -€5,954 | -84.7% |
| Operating charges | 60/66A | €4,343,465 | €2,851,731 | -€1.5m | -34.3% |
| Goods for resale, raw materials and consumables | 60 | €4,188,645 | €2,711,359 | -€1.5m | -35.3% |
| Purchases | 600/8 | €3,999,299 | €2,711,242 | -€1.3m | -32.2% |
| Change in stocks: decrease (increase) | 609 | €189,346 | €116 | -€189,230 | -99.9% |
| Services and other goods | 61 | €153,229 | €138,650 | -€14,578 | -9.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394 | €394 | = | 0.0% |
| Other operating charges | 640/8 | €1,198 | €1,329 | +€131 | +10.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€71,070 | -€61,522 | +€9,548 | +13.4% |
| Financial income | 75/76B | €0 | €79,970 | +€79,970 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Other financial income | 752/9 | €0 | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €79,970 | +€79,970 | |
| Financial charges | 65/66B | €1,497 | €3,136,898 | +€3.1m | +209490.4% |
| Recurring financial charges | 65 | €1,497 | €1,620 | +€124 | +8.3% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €1,497 | €1,620 | +€124 | +8.3% |
| Non-recurring financial charges | 66B | - | €3,135,278 | +€3.1m | |
| Profit (loss) for the period before taxes | 9903 | -€72,566 | -€3,118,450 | -€3.0m | -4197.4% |
| Income taxes | 67/77 | -€1 | €0 | +€1 | |
| Taxes | 670/3 | €234 | €0 | -€234 | -100.0% |
| Tax adjustments and reversals of tax provisions | 77 | €235 | €0 | -€235 | -100.0% |
| Profit (loss) for the period | 9904 | -€72,565 | -€3,118,450 | -€3.0m | -4197.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,565 | -€3,118,450 | -€3.0m | -4197.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.