MIDIVA: 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.
MIDIVA
Largest movements
- Tangible fixed assets -€378,073
down €378,073 (-47.7%), from €791,876 to €413,803
of which Land and buildings: -€371,596
- Receivables within one year -€337,642
down €337,642 (-97.6%), from €345,936 to €8,295
of which Other amounts receivable: -€338,000
- Cash -€76,225
down €76,225 (-42.5%), from €179,309 to €103,083
mainly Contributions, distributions and other (-€1.2m) and Other debts (-€199,882)
- Profit (loss) carried forward -€494,940
down €494,940 (-46.3%), from €1.1m to €573,685
- Other debts -€199,882
down €199,882 (-98.8%), from €202,382 to €2,500
- Debts after one year -€84,370
down €84,370 (-98.4%), from €85,762 to €1,392
- Gross operating margin +€275,618
up €275,618 (+301.1%), from €91,550 to €367,168
- Financial income -€64,063
down €64,063 (-16.2%), from €394,294 to €330,231
- Depreciation -€21,446
down €21,446 (-51.7%), from €41,503 to €20,058
- Taxes +€13,590
new in 2025: €13,590
- Staff costs -€9,343
down €9,343, from €9,248 to -€95
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 | €3,717,189 | €2,925,181 | -€792,008 | -21.3% |
| Fixed assets | 21/28 | €3,191,876 | €2,813,803 | -€378,073 | -11.8% |
| Tangible fixed assets | 22/27 | €791,876 | €413,803 | -€378,073 | -47.7% |
| Land and buildings | 22 | €785,399 | €413,803 | -€371,596 | -47.3% |
| Plant, machinery and equipment | 23 | €773 | - | -€773 | |
| Furniture and vehicles | 24 | €5,704 | - | -€5,704 | |
| Financial fixed assets | 28 | €2,400,000 | €2,400,000 | = | 0.0% |
| Current assets | 29/58 | €525,313 | €111,378 | -€413,935 | -78.8% |
| Amounts receivable within one year | 40/41 | €345,936 | €8,295 | -€337,642 | -97.6% |
| Trade receivables | 40 | €7,761 | €8,120 | +€358 | +4.6% |
| Other amounts receivable | 41 | €338,175 | €175 | -€338,000 | -99.9% |
| Cash at bank and in hand | 54/58 | €179,309 | €103,083 | -€76,225 | -42.5% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €3,717,189 | €2,925,181 | -€792,008 | -21.3% |
| Equity | 10/15 | €3,154,184 | €2,659,245 | -€494,940 | -15.7% |
| Contributions | 10/11 | €2,085,560 | €2,085,560 | = | 0.0% |
| Contributions outside capital | 11 | €2,085,560 | €2,085,560 | = | 0.0% |
| Other | 1109/19 | €2,085,560 | €2,085,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,068,624 | €573,685 | -€494,940 | -46.3% |
| Provisions and deferred taxes | 16 | €266,000 | €242,644 | -€23,356 | -8.8% |
| Provisions for liabilities and charges | 160/5 | €266,000 | €242,644 | -€23,356 | -8.8% |
| Other liabilities and charges | 164/5 | €266,000 | €242,644 | -€23,356 | -8.8% |
| Amounts payable | 17/49 | €297,004 | €23,293 | -€273,712 | -92.2% |
| Amounts payable after more than one year | 17 | €85,762 | €1,392 | -€84,370 | -98.4% |
| Other amounts payable | 178/9 | €85,762 | €1,392 | -€84,370 | -98.4% |
| Amounts payable within one year | 42/48 | €210,558 | €21,688 | -€188,870 | -89.7% |
| Trade debts | 44 | €4,448 | €4,292 | -€156 | -3.5% |
| Suppliers | 440/4 | €4,448 | €4,292 | -€156 | -3.5% |
| Taxes, remuneration and social security | 45 | €3,728 | €14,895 | +€11,167 | +299.5% |
| Taxes | 450/3 | €2,404 | €14,895 | +€12,491 | +519.6% |
| Remuneration and social security | 454/9 | €1,324 | - | -€1,324 | |
| Other amounts payable | 47/48 | €202,382 | €2,500 | -€199,882 | -98.8% |
| Accrued charges and deferred income | 492/3 | €685 | €213 | -€472 | -68.9% |
| Non-recurring operating income | 76A | - | €325,555 | +€325,555 | |
| Remuneration, social security and pensions | 62 | €9,248 | -€95 | -€9,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,503 | €20,058 | -€21,446 | -51.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €1,500 | +€1,500 | |
| Other operating charges | 640/8 | €12,385 | €3,122 | -€9,263 | -74.8% |
| Gross operating margin | 9900 | €91,550 | €367,168 | +€275,618 | +301.1% |
| Operating profit (loss) | 9901 | €28,414 | €342,584 | +€314,170 | +1105.7% |
| Financial income | 75/76B | €394,294 | €330,231 | -€64,063 | -16.2% |
| Recurring financial income | 75 | €394,294 | €330,231 | -€64,063 | -16.2% |
| Financial charges | 65/66B | €8,870 | €4,165 | -€4,705 | -53.0% |
| Recurring financial charges | 65 | €7,530 | €4,165 | -€3,365 | -44.7% |
| Non-recurring financial charges | 66B | €1,340 | - | -€1,340 | |
| Profit (loss) for the period before taxes | 9903 | €413,838 | €668,650 | +€254,812 | +61.6% |
| Income taxes | 67/77 | - | €13,590 | +€13,590 | |
| Profit (loss) for the period | 9904 | €413,838 | €655,060 | +€241,222 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €413,838 | €655,060 | +€241,222 | +58.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.