Midima: 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.
Midima
Largest movements
- Tangible fixed assets -€24,018
down €24,018 (-97.9%), from €24,538 to €520
of which Furniture and vehicles: -€24,370
- Receivables within one year +€11,279
up €11,279 (+114.2%), from €9,874 to €21,152
of which Other amounts receivable: +€16,504
- Cash -€3,186
down €3,186 (-29.8%), from €10,696 to €7,510
mainly Debts after one year (-€37,590) and Other debts (-€12,893)
- Debts after one year -€37,590
down €37,590 (-34.8%), from €108,112 to €70,522
- Trade debts +€18,189
up €18,189 (+70.3%), from €25,885 to €44,073
- Reserves +€17,558
up €17,558 (+365.8%), from €4,800 to €22,358
- Profit (loss) carried forward -€16,466
down €16,466 (-100.0%), from €16,466 to €0
- Other debts -€12,893
down €12,893 (-13.5%), from €95,233 to €82,340
- Gross operating margin -€18,630
down €18,630 (-55.3%), from €33,710 to €15,080
- Taxes -€4,052
down €4,052 (-65.8%), from €6,153 to €2,101
- Depreciation -€3,516
down €3,516 (-50.5%), from €6,956 to €3,440
- Financial charges +€1,455
up €1,455 (+25.6%), from €5,692 to €7,147
- Other operating charges +€951
up €951 (+92.4%), from €1,030 to €1,980
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,108 | €279,183 | -€15,926 | -5.4% |
| Fixed assets | 21/28 | €274,538 | €250,520 | -€24,018 | -8.7% |
| Tangible fixed assets | 22/27 | €24,538 | €520 | -€24,018 | -97.9% |
| Plant, machinery and equipment | 23 | €168 | €520 | +€352 | +209.8% |
| Furniture and vehicles | 24 | €24,370 | €0 | -€24,370 | -100.0% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €20,570 | €28,663 | +€8,093 | +39.3% |
| Amounts receivable within one year | 40/41 | €9,874 | €21,152 | +€11,279 | +114.2% |
| Trade receivables | 40 | €9,874 | €4,648 | -€5,226 | -52.9% |
| Other amounts receivable | 41 | - | €16,504 | +€16,504 | |
| Cash at bank and in hand | 54/58 | €10,696 | €7,510 | -€3,186 | -29.8% |
| Total equity and liabilities | 10/49 | €295,108 | €279,183 | -€15,926 | -5.4% |
| Equity | 10/15 | €22,266 | €23,358 | +€1,092 | +4.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,800 | €22,358 | +€17,558 | +365.8% |
| Distributable reserves | 133 | €4,800 | €22,358 | +€17,558 | +365.8% |
| Profit (loss) carried forward | 14 | €16,466 | €0 | -€16,466 | -100.0% |
| Amounts payable | 17/49 | €272,842 | €255,824 | -€17,018 | -6.2% |
| Amounts payable after more than one year | 17 | €108,112 | €70,522 | -€37,590 | -34.8% |
| Financial debts | 170/4 | €108,112 | €70,522 | -€37,590 | -34.8% |
| Amounts payable within one year | 42/48 | €164,730 | €185,302 | +€20,572 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €26,533 | €32,712 | +€6,178 | +23.3% |
| Financial debts | 43 | €5,448 | €3,409 | -€2,039 | -37.4% |
| Credit institutions | 430/8 | €5,448 | €3,409 | -€2,039 | -37.4% |
| Trade debts | 44 | €25,885 | €44,073 | +€18,189 | +70.3% |
| Suppliers | 440/4 | €25,885 | €44,073 | +€18,189 | +70.3% |
| Taxes, remuneration and social security | 45 | €11,631 | €22,768 | +€11,137 | +95.8% |
| Taxes | 450/3 | €11,631 | €22,768 | +€11,137 | +95.8% |
| Other amounts payable | 47/48 | €95,233 | €82,340 | -€12,893 | -13.5% |
| Non-recurring operating income | 76A | €8,370 | - | -€8,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,956 | €3,440 | -€3,516 | -50.5% |
| Other operating charges | 640/8 | €1,030 | €1,980 | +€951 | +92.4% |
| Non-recurring operating charges | 66A | €373 | €0 | -€373 | -100.0% |
| Gross operating margin | 9900 | €33,710 | €15,080 | -€18,630 | -55.3% |
| Operating profit (loss) | 9901 | €25,351 | €9,660 | -€15,691 | -61.9% |
| Financial income | 75/76B | - | €681 | +€681 | |
| Recurring financial income | 75 | - | €681 | +€681 | |
| Financial charges | 65/66B | €5,692 | €7,147 | +€1,455 | +25.6% |
| Recurring financial charges | 65 | €5,692 | €7,147 | +€1,455 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €19,659 | €3,193 | -€16,466 | -83.8% |
| Income taxes | 67/77 | €6,153 | €2,101 | -€4,052 | -65.8% |
| Profit (loss) for the period | 9904 | €13,506 | €1,092 | -€12,414 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,506 | €1,092 | -€12,414 | -91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.