Midway Services: 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.
Midway Services
Largest movements
- Cash +€151,253
up €151,253 (+43.1%), from €350,906 to €502,159
mainly Current investments (+€119,988) and Net result for the year (+€29,192)
- Current investments -€119,988
no longer reported in 2025 (was €119,988)
- Tax, wage and social debts -€34,179
down €34,179 (-40.9%), from €83,601 to €49,423
- Reserves +€29,192
up €29,192 (+5.9%), from €497,773 to €526,965
of which Distributable reserves: +€29,192
- Trade debts +€27,100
up €27,100 (+11.3%), from €240,875 to €267,975
- Gross operating margin -€112,165
down €112,165 (-67.3%), from €166,767 to €54,603
- Taxes -€34,958
down €34,958 (-73.3%), from €47,708 to €12,750
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 | €834,821 | €856,935 | +€22,114 | +2.6% |
| Fixed assets | 21/28 | €35,013 | €27,219 | -€7,795 | -22.3% |
| Tangible fixed assets | 22/27 | €35,013 | €27,219 | -€7,795 | -22.3% |
| Plant, machinery and equipment | 23 | €5,783 | €5,035 | -€749 | -12.9% |
| Furniture and vehicles | 24 | €29,230 | €22,184 | -€7,046 | -24.1% |
| Current assets | 29/58 | €799,808 | €829,716 | +€29,908 | +3.7% |
| Amounts receivable within one year | 40/41 | €323,757 | €322,794 | -€963 | -0.3% |
| Trade receivables | 40 | €284,297 | €263,486 | -€20,811 | -7.3% |
| Other amounts receivable | 41 | €39,460 | €59,308 | +€19,849 | +50.3% |
| Current investments | 50/53 | €119,988 | - | -€119,988 | |
| Cash at bank and in hand | 54/58 | €350,906 | €502,159 | +€151,253 | +43.1% |
| Deferred charges and accrued income | 490/1 | €5,156 | €4,763 | -€393 | -7.6% |
| Total equity and liabilities | 10/49 | €834,821 | €856,935 | +€22,114 | +2.6% |
| Equity | 10/15 | €510,173 | €539,365 | +€29,192 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €497,773 | €526,965 | +€29,192 | +5.9% |
| 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 | €495,913 | €525,105 | +€29,192 | +5.9% |
| Amounts payable | 17/49 | €324,649 | €317,570 | -€7,079 | -2.2% |
| Amounts payable within one year | 42/48 | €324,477 | €317,398 | -€7,079 | -2.2% |
| Trade debts | 44 | €240,875 | €267,975 | +€27,100 | +11.3% |
| Suppliers | 440/4 | €240,875 | €267,975 | +€27,100 | +11.3% |
| Taxes, remuneration and social security | 45 | €83,601 | €49,423 | -€34,179 | -40.9% |
| Taxes | 450/3 | €83,601 | €49,423 | -€34,179 | -40.9% |
| Accrued charges and deferred income | 492/3 | €172 | €172 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,730 | €11,688 | +€959 | +8.9% |
| Other operating charges | 640/8 | €871 | €772 | -€99 | -11.4% |
| Gross operating margin | 9900 | €166,767 | €54,603 | -€112,165 | -67.3% |
| Operating profit (loss) | 9901 | €155,166 | €42,142 | -€113,024 | -72.8% |
| Financial charges | 65/66B | €186 | €200 | +€14 | +7.5% |
| Recurring financial charges | 65 | €186 | €200 | +€14 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €154,980 | €41,942 | -€113,038 | -72.9% |
| Income taxes | 67/77 | €47,708 | €12,750 | -€34,958 | -73.3% |
| Profit (loss) for the period | 9904 | €107,272 | €29,192 | -€78,080 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,272 | €29,192 | -€78,080 | -72.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.