Miek Technics: 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.
Miek Technics
Largest movements
- Tangible fixed assets -€16,711
down €16,711 (-17.1%), from €97,918 to €81,207
of which Plant, machinery and equipment: -€10,065
- Cash +€3,684
up €3,684 (+32.7%), from €11,250 to €14,934
mainly Depreciation (+€28,168) and Trade debts (+€1,047)
- Receivables within one year +€1,689
up €1,689 (+12.2%), from €13,809 to €15,498
of which Other amounts receivable: +€4,336
- Current portion of long-term debt -€6,636
down €6,636 (-57.0%), from €11,648 to €5,012
- Debts after one year -€5,012
down €5,012 (-100.0%), from €5,012 to €0
- Profit (loss) carried forward -€2,042
down €2,042 (-4.4%), from €46,564 to €44,522
- Gross operating margin -€31,947
down €31,947 (-51.8%), from €61,618 to €29,671
- Taxes -€9,154
down €9,154 (-97.6%), from €9,379 to €225
- Depreciation +€6,579
up €6,579 (+30.5%), from €21,589 to €28,168
- Financial charges -€1,336
down €1,336 (-41.3%), from €3,232 to €1,896
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 | €132,486 | €121,411 | -€11,075 | -8.4% |
| Fixed assets | 21/28 | €97,918 | €81,207 | -€16,711 | -17.1% |
| Tangible fixed assets | 22/27 | €97,918 | €81,207 | -€16,711 | -17.1% |
| Plant, machinery and equipment | 23 | €46,213 | €36,148 | -€10,065 | -21.8% |
| Furniture and vehicles | 24 | €51,705 | €45,060 | -€6,645 | -12.9% |
| Current assets | 29/58 | €34,568 | €40,204 | +€5,636 | +16.3% |
| Stocks and contracts in progress | 3 | €7,779 | €8,499 | +€720 | +9.3% |
| Stocks | 30/36 | €7,779 | €8,499 | +€720 | +9.3% |
| Amounts receivable within one year | 40/41 | €13,809 | €15,498 | +€1,689 | +12.2% |
| Trade receivables | 40 | €13,164 | €10,516 | -€2,648 | -20.1% |
| Other amounts receivable | 41 | €645 | €4,981 | +€4,336 | +672.4% |
| Cash at bank and in hand | 54/58 | €11,250 | €14,934 | +€3,684 | +32.7% |
| Deferred charges and accrued income | 490/1 | €1,730 | €1,274 | -€456 | -26.4% |
| Total equity and liabilities | 10/49 | €132,486 | €121,411 | -€11,075 | -8.4% |
| Equity | 10/15 | €87,174 | €85,132 | -€2,042 | -2.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €20,150 | €20,150 | = | 0.0% |
| Distributable reserves | 133 | €20,150 | €20,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,564 | €44,522 | -€2,042 | -4.4% |
| Amounts payable | 17/49 | €45,312 | €36,279 | -€9,033 | -19.9% |
| Amounts payable after more than one year | 17 | €5,012 | €0 | -€5,012 | -100.0% |
| Financial debts | 170/4 | €5,012 | €0 | -€5,012 | -100.0% |
| Amounts payable within one year | 42/48 | €40,301 | €36,279 | -€4,022 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €11,648 | €5,012 | -€6,636 | -57.0% |
| Financial debts | 43 | - | €940 | +€940 | |
| Credit institutions | 430/8 | - | €940 | +€940 | |
| Trade debts | 44 | €779 | €1,826 | +€1,047 | +134.4% |
| Suppliers | 440/4 | €779 | €1,826 | +€1,047 | +134.4% |
| Taxes, remuneration and social security | 45 | €2,919 | €3,906 | +€988 | +33.8% |
| Taxes | 450/3 | €2,919 | €3,906 | +€988 | +33.8% |
| Other amounts payable | 47/48 | €24,955 | €24,594 | -€361 | -1.4% |
| Non-recurring operating income | 76A | €850 | €0 | -€850 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,589 | €28,168 | +€6,579 | +30.5% |
| Other operating charges | 640/8 | €964 | €1,449 | +€485 | +50.3% |
| Non-recurring operating charges | 66A | €670 | €0 | -€670 | -100.0% |
| Gross operating margin | 9900 | €61,618 | €29,671 | -€31,947 | -51.8% |
| Operating profit (loss) | 9901 | €38,396 | €55 | -€38,341 | -99.9% |
| Financial income | 75/76B | €12 | €25 | +€13 | +112.6% |
| Recurring financial income | 75 | €12 | €25 | +€13 | +112.6% |
| Financial charges | 65/66B | €3,232 | €1,896 | -€1,336 | -41.3% |
| Recurring financial charges | 65 | €3,232 | €1,896 | -€1,336 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €35,175 | -€1,817 | -€36,992 | |
| Income taxes | 67/77 | €9,379 | €225 | -€9,154 | -97.6% |
| Profit (loss) for the period | 9904 | €25,796 | -€2,042 | -€27,838 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,796 | -€2,042 | -€27,838 |
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 28 September 2026 via checked.be.