MIDO FOOD: what changed
What changed
MIDO FOOD
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€36,659
2023 · -€29,723+€66,382
Equity
-€136,397
2023 · -€173,056+€36,659
Cash
€4,179
2023 · €349+€3,830
Balance sheet total
€498,345
2023 · €436,913+€61,432
Largest movements
Assets
- Receivables within one year +€43,991
up €43,991 (+160%), from €27,444 to €71,435
of which Trade receivables: +€46,536
- Tangible fixed assets +€13,611
new in 2024: €13,611
Equity and liabilities
- Tax, wage and social debts +€59,622
up €59,622 (+232%), from €25,677 to €85,299
of which Taxes: +€43,622
- Other debts -€39,000
down €39,000 (-7.0%), from €557,760 to €518,760
- Profit (loss) carried forward +€36,659
up €36,659 (+15.6%), from -€235,056 to -€198,397
Income statement
- Gross operating margin +€78,557
up €78,557, from -€32,691 to €45,867
- Taxes +€7,123
up €7,123, from -€3,561 to €3,561
- Financial charges +€3,643
up €3,643 (+1,199%), from €304 to €3,947
- Depreciation +€1,389
new in 2024: €1,389
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€29,723
Gross operating margin
+€78,557
Depreciation
-€1,389
Other operating charges
-€97
Financial income
+€77
Financial charges
-€3,643
Taxes
-€7,123
Result 2024
€36,659
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€18,830
Investment
-€15,000
Financing
€0
Cash 2023
€349
From operations (derived)
+€18,830
Net result for the year
+€36,659
Depreciation
+€1,389
Receivables within one year
-€43,991
Trade debts
+€4,151
Tax, wage and social debts
+€59,622
Other debts
-€39,000
Investment (derived)
-€15,000
Investment in fixed assets (net)
-€15,000
Cash 2024
€4,179
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,913 | €498,345 | +€61,432 | +14.1% |
| Fixed assets | 21/28 | €409,120 | €422,731 | +€13,611 | +3.3% |
| Tangible fixed assets | 22/27 | - | €13,611 | +€13,611 | |
| Furniture and vehicles | 24 | - | €13,611 | +€13,611 | |
| Financial fixed assets | 28 | €409,120 | €409,120 | = | 0.0% |
| Current assets | 29/58 | €27,793 | €75,614 | +€47,821 | +172% |
| Amounts receivable within one year | 40/41 | €27,444 | €71,435 | +€43,991 | +160% |
| Trade receivables | 40 | €23,289 | €69,825 | +€46,536 | +200% |
| Other amounts receivable | 41 | €4,155 | €1,610 | -€2,545 | -61.2% |
| Cash at bank and in hand | 54/58 | €349 | €4,179 | +€3,830 | +1,098% |
| Total equity and liabilities | 10/49 | €436,913 | €498,345 | +€61,432 | +14.1% |
| Equity | 10/15 | -€173,056 | -€136,397 | +€36,659 | +21.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,056 | -€198,397 | +€36,659 | +15.6% |
| Amounts payable | 17/49 | €609,969 | €634,742 | +€24,773 | +4.1% |
| Amounts payable within one year | 42/48 | €609,969 | €634,742 | +€24,773 | +4.1% |
| Trade debts | 44 | €26,532 | €30,683 | +€4,151 | +15.6% |
| Suppliers | 440/4 | €26,532 | €30,683 | +€4,151 | +15.6% |
| Taxes, remuneration and social security | 45 | €25,677 | €85,299 | +€59,622 | +232% |
| Taxes | 450/3 | €5,677 | €49,299 | +€43,622 | +768% |
| Remuneration and social security | 454/9 | €20,000 | €36,000 | +€16,000 | +80.0% |
| Other amounts payable | 47/48 | €557,760 | €518,760 | -€39,000 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,389 | +€1,389 | |
| Other operating charges | 640/8 | €290 | €387 | +€97 | +33.6% |
| Gross operating margin | 9900 | -€32,691 | €45,867 | +€78,557 | |
| Operating profit (loss) | 9901 | -€32,981 | €44,090 | +€77,071 | |
| Financial income | 75/76B | - | €77 | +€77 | |
| Recurring financial income | 75 | - | €77 | +€77 | |
| Financial charges | 65/66B | €304 | €3,947 | +€3,643 | +1,199% |
| Recurring financial charges | 65 | €304 | €3,947 | +€3,643 | +1,199% |
| Profit (loss) for the period before taxes | 9903 | -€33,284 | €40,221 | +€73,505 | |
| Income taxes | 67/77 | -€3,561 | €3,561 | +€7,123 | |
| Profit (loss) for the period | 9904 | -€29,723 | €36,659 | +€66,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,723 | €36,659 | +€66,382 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.