Midona: 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.
Midona
Largest movements
- Receivables within one year +€33,008
up €33,008 (+29.2%), from €113,198 to €146,206
- Cash -€10,326
down €10,326 (-100.0%), from €10,326 to €0
mainly Contributions, distributions and other (-€44,395) and Receivables within one year (-€33,008)
- Other debts +€22,705
up €22,705 (+104.7%), from €21,689 to €44,395
- Debts after one year -€15,000
down €15,000 (-12.9%), from €115,874 to €100,874
- Tax, wage and social debts +€10,757
up €10,757 (+36.3%), from €29,665 to €40,422
- Trade debts +€3,795
up €3,795 (+41.2%), from €9,215 to €13,010
- Gross operating margin +€35,929
up €35,929 (+125.0%), from €28,739 to €64,668
- Taxes +€7,965
up €7,965 (+59.9%), from €13,289 to €21,253
- Financial charges +€4,281
up €4,281 (+250.3%), from €1,710 to €5,992
- Financial income -€1,170
down €1,170 (-14.3%), from €8,203 to €7,034
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 | €291,924 | €317,240 | +€25,316 | +8.7% |
| Fixed assets | 21/28 | €155,400 | €155,400 | = | 0.0% |
| Financial fixed assets | 28 | €155,400 | €155,400 | = | 0.0% |
| Current assets | 29/58 | €136,524 | €161,840 | +€25,316 | +18.5% |
| Amounts receivable within one year | 40/41 | €113,198 | €146,206 | +€33,008 | +29.2% |
| Other amounts receivable | 41 | €113,198 | €146,206 | +€33,008 | +29.2% |
| Cash at bank and in hand | 54/58 | €10,326 | €0 | -€10,326 | -100.0% |
| Deferred charges and accrued income | 490/1 | €13,000 | €15,635 | +€2,635 | +20.3% |
| Total equity and liabilities | 10/49 | €291,924 | €317,240 | +€25,316 | +8.7% |
| Equity | 10/15 | €100,955 | €100,955 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €97,955 | €97,955 | = | 0.0% |
| Distributable reserves | 133 | €97,955 | €97,955 | = | 0.0% |
| Amounts payable | 17/49 | €190,969 | €216,285 | +€25,316 | +13.3% |
| Amounts payable after more than one year | 17 | €115,874 | €100,874 | -€15,000 | -12.9% |
| Financial debts | 170/4 | €115,874 | €100,874 | -€15,000 | -12.9% |
| Amounts payable within one year | 42/48 | €75,095 | €115,097 | +€40,003 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €14,526 | €17,271 | +€2,745 | +18.9% |
| Trade debts | 44 | €9,215 | €13,010 | +€3,795 | +41.2% |
| Suppliers | 440/4 | €9,215 | €13,010 | +€3,795 | +41.2% |
| Taxes, remuneration and social security | 45 | €29,665 | €40,422 | +€10,757 | +36.3% |
| Taxes | 450/3 | €29,665 | €40,422 | +€10,757 | +36.3% |
| Other amounts payable | 47/48 | €21,689 | €44,395 | +€22,705 | +104.7% |
| Accrued charges and deferred income | 492/3 | - | €314 | +€314 | |
| Other operating charges | 640/8 | €254 | €62 | -€192 | -75.6% |
| Gross operating margin | 9900 | €28,739 | €64,668 | +€35,929 | +125.0% |
| Operating profit (loss) | 9901 | €28,485 | €64,606 | +€36,121 | +126.8% |
| Financial income | 75/76B | €8,203 | €7,034 | -€1,170 | -14.3% |
| Recurring financial income | 75 | €8,203 | €7,034 | -€1,170 | -14.3% |
| Financial charges | 65/66B | €1,710 | €5,992 | +€4,281 | +250.3% |
| Recurring financial charges | 65 | €1,710 | €5,992 | +€4,281 | +250.3% |
| Profit (loss) for the period before taxes | 9903 | €34,978 | €65,648 | +€30,670 | +87.7% |
| Income taxes | 67/77 | €13,289 | €21,253 | +€7,965 | +59.9% |
| Profit (loss) for the period | 9904 | €21,689 | €44,395 | +€22,705 | +104.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,689 | €44,395 | +€22,705 | +104.7% |
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 3 October 2026 via checked.be.