MIDIPA: 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.
MIDIPA
Largest movements
- Receivables within one year +€6.4m
up €6.4m (+85.5%), from €7.4m to €13.8m
of which Other amounts receivable: +€6.4m
- Current investments +€5.8m
up €5.8m (+36.7%), from €15.7m to €21.5m
- Profit (loss) carried forward +€10.4m
up €10.4m (+70.6%), from €14.7m to €25.0m
- Financial income -€4.7m
down €4.7m (-30.3%), from €15.5m to €10.8m
- Financial charges -€32,865
down €32,865 (-7.0%), from €469,794 to €436,929
- Gross operating margin -€2,255
down €2,255 (-35.2%), from -€6,413 to -€8,669
- Other operating charges +€524
up €524 (+18.4%), from €2,844 to €3,368
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 | €196,360,913 | €207,220,317 | +€10.9m | +5.5% |
| Fixed assets | 21/28 | €171,643,775 | €171,643,775 | = | 0.0% |
| Financial fixed assets | 28 | €171,643,775 | €171,643,775 | = | 0.0% |
| Current assets | 29/58 | €24,717,138 | €35,576,542 | +€10.9m | +43.9% |
| Amounts receivable within one year | 40/41 | €7,445,069 | €13,812,086 | +€6.4m | +85.5% |
| Trade receivables | 40 | €3,630 | €7,260 | +€3,630 | +100% |
| Other amounts receivable | 41 | €7,441,439 | €13,804,826 | +€6.4m | +85.5% |
| Current investments | 50/53 | €15,689,749 | €21,454,190 | +€5.8m | +36.7% |
| Cash at bank and in hand | 54/58 | €1,563,749 | €264,352 | -€1.3m | -83.1% |
| Deferred charges and accrued income | 490/1 | €18,571 | €45,914 | +€27,344 | +147% |
| Total equity and liabilities | 10/49 | €196,360,913 | €207,220,317 | +€10.9m | +5.5% |
| Equity | 10/15 | €186,308,768 | €196,667,009 | +€10.4m | +5.6% |
| Contributions | 10/11 | €171,643,775 | €171,643,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,664,993 | €25,023,234 | +€10.4m | +70.6% |
| Amounts payable | 17/49 | €10,052,145 | €10,553,308 | +€501,163 | +5.0% |
| Amounts payable after more than one year | 17 | €700,000 | €0 | -€700,000 | -100% |
| Financial debts | 170/4 | €700,000 | €0 | -€700,000 | -100% |
| Amounts payable within one year | 42/48 | €9,307,794 | €10,553,308 | +€1.2m | +13.4% |
| Financial debts | 43 | €9,305,712 | €10,552,459 | +€1.2m | +13.4% |
| Other loans | 439 | €9,305,712 | €10,552,459 | +€1.2m | +13.4% |
| Trade debts | 44 | €1,940 | €849 | -€1,091 | -56.2% |
| Suppliers | 440/4 | €1,940 | €849 | -€1,091 | -56.2% |
| Taxes, remuneration and social security | 45 | €141 | €0 | -€141 | -100% |
| Taxes | 450/3 | €141 | €0 | -€141 | -100% |
| Accrued charges and deferred income | 492/3 | €44,351 | €0 | -€44,351 | -100% |
| Other operating charges | 640/8 | €2,844 | €3,368 | +€524 | +18.4% |
| Gross operating margin | 9900 | -€6,413 | -€8,669 | -€2,255 | -35.2% |
| Operating profit (loss) | 9901 | -€9,257 | -€12,037 | -€2,779 | -30.0% |
| Financial income | 75/76B | €15,503,206 | €10,807,207 | -€4.7m | -30.3% |
| Recurring financial income | 75 | €15,503,206 | €10,807,207 | -€4.7m | -30.3% |
| Financial charges | 65/66B | €469,794 | €436,929 | -€32,865 | -7.0% |
| Recurring financial charges | 65 | €469,794 | €436,929 | -€32,865 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €15,024,154 | €10,358,241 | -€4.7m | -31.1% |
| Profit (loss) for the period | 9904 | €15,024,154 | €10,358,241 | -€4.7m | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,024,154 | €10,358,241 | -€4.7m | -31.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.