MIDOUN & FILS: 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.
MIDOUN & FILS
Largest movements
- Stocks and contracts -€28,641
down €28,641 (-73.5%), from €38,942 to €10,301
- Tangible fixed assets -€17,409
down €17,409 (-21.8%), from €80,000 to €62,592
of which Furniture and vehicles: -€21,512
- Intangible fixed assets -€8,000
down €8,000 (-100%), from €8,000 to €0
- Debts after one year -€31,716
down €31,716 (-31.4%), from €100,949 to €69,234
- Profit (loss) carried forward -€10,912
down €10,912 (-16.0%), from €68,134 to €57,222
- Current portion of long-term debt -€6,980
down €6,980 (-26.7%), from €26,097 to €19,117
- Trade debts -€2,388
down €2,388 (-42.7%), from €5,592 to €3,203
- Depreciation -€12,491
down €12,491 (-43.6%), from €28,623 to €16,132
- Other operating charges +€11,006
up €11,006 (+12,731%), from €86 to €11,093
- Gross operating margin -€8,838
down €8,838 (-21.2%), from €41,694 to €32,857
- Taxes +€2,050
new in 2024: €2,050
- Financial charges +€1,905
up €1,905 (+37.8%), from €5,040 to €6,945
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,148 | €175,299 | -€50,849 | -22.5% |
| Fixed assets | 21/28 | €111,770 | €86,362 | -€25,409 | -22.7% |
| Intangible fixed assets | 21 | €8,000 | €0 | -€8,000 | -100% |
| Tangible fixed assets | 22/27 | €80,000 | €62,592 | -€17,409 | -21.8% |
| Land and buildings | 22 | €55,000 | €50,000 | -€5,000 | -9.1% |
| Plant, machinery and equipment | 23 | - | €9,103 | +€9,103 | |
| Furniture and vehicles | 24 | €25,000 | €3,489 | -€21,512 | -86.0% |
| Financial fixed assets | 28 | €23,770 | €23,770 | = | 0.0% |
| Current assets | 29/58 | €114,377 | €88,937 | -€25,440 | -22.2% |
| Stocks and contracts in progress | 3 | €38,942 | €10,301 | -€28,641 | -73.5% |
| Stocks | 30/36 | €38,942 | €10,301 | -€28,641 | -73.5% |
| Amounts receivable within one year | 40/41 | €60,374 | €62,544 | +€2,170 | +3.6% |
| Other amounts receivable | 41 | €60,374 | €62,544 | +€2,170 | +3.6% |
| Cash at bank and in hand | 54/58 | €15,062 | €15,474 | +€412 | +2.7% |
| Deferred charges and accrued income | 490/1 | - | €619 | +€619 | |
| Total equity and liabilities | 10/49 | €226,148 | €175,299 | -€50,849 | -22.5% |
| Equity | 10/15 | €88,594 | €77,682 | -€10,912 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,134 | €57,222 | -€10,912 | -16.0% |
| Amounts payable | 17/49 | €137,554 | €97,617 | -€39,937 | -29.0% |
| Amounts payable after more than one year | 17 | €100,949 | €69,234 | -€31,716 | -31.4% |
| Financial debts | 170/4 | €100,949 | €69,234 | -€31,716 | -31.4% |
| Amounts payable within one year | 42/48 | €36,604 | €28,383 | -€8,221 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €26,097 | €19,117 | -€6,980 | -26.7% |
| Trade debts | 44 | €5,592 | €3,203 | -€2,388 | -42.7% |
| Suppliers | 440/4 | €5,592 | €3,203 | -€2,388 | -42.7% |
| Taxes, remuneration and social security | 45 | €4,915 | €6,063 | +€1,148 | +23.3% |
| Taxes | 450/3 | €4,915 | €6,063 | +€1,148 | +23.3% |
| Remuneration, social security and pensions | 62 | - | €319 | +€319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,623 | €16,132 | -€12,491 | -43.6% |
| Other operating charges | 640/8 | €86 | €11,093 | +€11,006 | +12,731% |
| Non-recurring operating charges | 66A | - | €750 | +€750 | |
| Gross operating margin | 9900 | €41,694 | €32,857 | -€8,838 | -21.2% |
| Operating profit (loss) | 9901 | €12,985 | €4,563 | -€8,422 | -64.9% |
| Financial income | 75/76B | €1,902 | €401 | -€1,501 | -78.9% |
| Recurring financial income | 75 | €1,902 | €401 | -€1,501 | -78.9% |
| Financial charges | 65/66B | €5,040 | €6,945 | +€1,905 | +37.8% |
| Recurring financial charges | 65 | €5,040 | €6,945 | +€1,905 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €9,847 | -€1,981 | -€11,828 | |
| Income taxes | 67/77 | - | €2,050 | +€2,050 | |
| Profit (loss) for the period | 9904 | €9,847 | -€4,031 | -€13,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,847 | -€4,031 | -€13,878 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.