MIDO: 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.
MIDO
Largest movements
- Tangible fixed assets -€17,020
down €17,020 (-34.6%), from €49,136 to €32,116
of which Furniture and vehicles: -€20,864
- Receivables within one year +€10,787
up €10,787 (+47.3%), from €22,788 to €33,575
- Stocks and contracts -€5,210
down €5,210 (-66.6%), from €7,820 to €2,610
- Cash -€2,927
down €2,927 (-26.3%), from €11,111 to €8,183
mainly Trade debts (-€18,709) and Receivables within one year (-€10,787)
- Trade debts -€18,709
down €18,709 (-35.1%), from €53,299 to €34,591
- Tax, wage and social debts +€17,655
up €17,655 (+62.7%), from €28,175 to €45,829
of which Remuneration and social security: +€13,103
- Other debts -€8,551
down €8,551 (-71.4%), from €11,984 to €3,432
- Debts after one year -€5,855
down €5,855 (-37.8%), from €15,474 to €9,619
- Reserves +€3,335
up €3,335 (+3.8%), from €88,187 to €91,522
of which Distributable reserves: +€3,335
- Staff costs -€28,939
down €28,939 (-31.4%), from €92,093 to €63,154
- Taxes +€5,616
up €5,616 (+351%), from €1,601 to €7,217
- Gross operating margin -€5,209
down €5,209 (-4.6%), from €112,382 to €107,173
- Other operating charges +€3,736
up €3,736 (+93.9%), from €3,980 to €7,716
- Depreciation +€3,099
up €3,099 (+14.5%), from €21,363 to €24,462
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 | €224,619 | €209,449 | -€15,171 | -6.8% |
| Fixed assets | 21/28 | €66,436 | €49,416 | -€17,020 | -25.6% |
| Tangible fixed assets | 22/27 | €49,136 | €32,116 | -€17,020 | -34.6% |
| Plant, machinery and equipment | 23 | €4,557 | €5,688 | +€1,131 | +24.8% |
| Furniture and vehicles | 24 | €41,020 | €20,156 | -€20,864 | -50.9% |
| Other tangible fixed assets | 26 | €3,559 | €6,273 | +€2,714 | +76.3% |
| Financial fixed assets | 28 | €17,300 | €17,300 | = | 0.0% |
| Current assets | 29/58 | €158,184 | €160,033 | +€1,849 | +1.2% |
| Amounts receivable after more than one year | 29 | €113,618 | €113,618 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €113,618 | €113,618 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,820 | €2,610 | -€5,210 | -66.6% |
| Stocks | 30/36 | €7,820 | €2,610 | -€5,210 | -66.6% |
| Amounts receivable within one year | 40/41 | €22,788 | €33,575 | +€10,787 | +47.3% |
| Other amounts receivable | 41 | €22,788 | €33,575 | +€10,787 | +47.3% |
| Cash at bank and in hand | 54/58 | €11,111 | €8,183 | -€2,927 | -26.3% |
| Deferred charges and accrued income | 490/1 | €2,847 | €2,047 | -€800 | -28.1% |
| Total equity and liabilities | 10/49 | €224,619 | €209,449 | -€15,171 | -6.8% |
| Equity | 10/15 | €106,787 | €110,122 | +€3,335 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,187 | €91,522 | +€3,335 | +3.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €86,327 | €89,662 | +€3,335 | +3.9% |
| Amounts payable | 17/49 | €117,832 | €99,327 | -€18,506 | -15.7% |
| Amounts payable after more than one year | 17 | €15,474 | €9,619 | -€5,855 | -37.8% |
| Financial debts | 170/4 | €15,474 | €9,619 | -€5,855 | -37.8% |
| Amounts payable within one year | 42/48 | €102,358 | €89,707 | -€12,651 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €8,900 | €5,855 | -€3,045 | -34.2% |
| Trade debts | 44 | €53,299 | €34,591 | -€18,709 | -35.1% |
| Suppliers | 440/4 | €53,299 | €34,591 | -€18,709 | -35.1% |
| Taxes, remuneration and social security | 45 | €28,175 | €45,829 | +€17,655 | +62.7% |
| Taxes | 450/3 | €7,830 | €12,382 | +€4,552 | +58.1% |
| Remuneration and social security | 454/9 | €20,345 | €33,447 | +€13,103 | +64.4% |
| Other amounts payable | 47/48 | €11,984 | €3,432 | -€8,551 | -71.4% |
| Remuneration, social security and pensions | 62 | €92,093 | €63,154 | -€28,939 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,363 | €24,462 | +€3,099 | +14.5% |
| Other operating charges | 640/8 | €3,980 | €7,716 | +€3,736 | +93.9% |
| Non-recurring operating charges | 66A | €1,790 | €0 | -€1,790 | -100% |
| Gross operating margin | 9900 | €112,382 | €107,173 | -€5,209 | -4.6% |
| Operating profit (loss) | 9901 | -€6,843 | €11,841 | +€18,685 | |
| Financial income | 75/76B | €99 | €59 | -€40 | -40.4% |
| Recurring financial income | 75 | €99 | €59 | -€40 | -40.4% |
| Financial charges | 65/66B | €1,729 | €1,349 | -€380 | -22.0% |
| Recurring financial charges | 65 | €1,729 | €1,349 | -€380 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,473 | €10,551 | +€19,024 | |
| Income taxes | 67/77 | €1,601 | €7,217 | +€5,616 | +351% |
| Profit (loss) for the period | 9904 | -€10,074 | €3,335 | +€13,408 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,074 | €3,335 | +€13,408 |
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 15 October 2026 via checked.be.