MIELE & CO: 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.
MIELE & CO
Largest movements
- Tangible fixed assets -€306,907
down €306,907 (-52.5%), from €584,225 to €277,319
of which Furniture and vehicles: -€295,770
- Receivables within one year +€45,099
up €45,099 (+35.2%), from €128,298 to €173,396
of which Trade receivables: +€42,814
- Cash -€32,396
down €32,396 (-88.1%), from €36,774 to €4,378
- Deferred charges and accrued income +€19,641
new in 2025: €19,641
- Accrued charges and deferred income -€185,741
down €185,741 (-93.9%), from €197,758 to €12,017
- Tax, wage and social debts -€74,455
down €74,455 (-83.1%), from €89,584 to €15,130
of which Taxes: -€78,689
- Other debts -€14,226
down €14,226 (-8.6%), from €166,264 to €152,038
- Turnover -€60,387
down €60,387 (-16.9%), from €358,335 to €297,948
- Purchases and services -€49,719
down €49,719 (-30.2%), from €164,741 to €115,022
- Staff costs +€37,525
up €37,525 (+10409.3%), from €360 to €37,885
- Taxes -€20,494
down €20,494 (-96.0%), from €21,350 to €856
- Other operating charges +€19,927
up €19,927 (+726.4%), from €2,743 to €22,670
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €750,357 | €475,795 | -€274,563 | -36.6% |
| Fixed assets | 21/28 | €584,225 | €277,319 | -€306,907 | -52.5% |
| Tangible fixed assets | 22/27 | €584,225 | €277,319 | -€306,907 | -52.5% |
| Furniture and vehicles | 24 | €537,298 | €241,528 | -€295,770 | -55.0% |
| Other tangible fixed assets | 26 | €46,928 | €35,791 | -€11,137 | -23.7% |
| Current assets | 29/58 | €166,132 | €198,476 | +€32,344 | +19.5% |
| Stocks and contracts in progress | 3 | €1,060 | €1,060 | = | 0.0% |
| Stocks | 30/36 | €1,060 | €1,060 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €128,298 | €173,396 | +€45,099 | +35.2% |
| Trade receivables | 40 | €127,459 | €170,273 | +€42,814 | +33.6% |
| Other amounts receivable | 41 | €839 | €3,124 | +€2,285 | +272.4% |
| Cash at bank and in hand | 54/58 | €36,774 | €4,378 | -€32,396 | -88.1% |
| Deferred charges and accrued income | 490/1 | - | €19,641 | +€19,641 | |
| Total equity and liabilities | 10/49 | €750,357 | €475,795 | -€274,563 | -36.6% |
| Equity | 10/15 | €296,751 | €293,285 | -€3,466 | -1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,751 | €273,285 | -€3,466 | -1.3% |
| Amounts payable | 17/49 | €453,606 | €182,510 | -€271,097 | -59.8% |
| Amounts payable within one year | 42/48 | €255,849 | €170,493 | -€85,356 | -33.4% |
| Trade debts | 44 | - | €3,325 | +€3,325 | |
| Suppliers | 440/4 | - | €3,325 | +€3,325 | |
| Taxes, remuneration and social security | 45 | €89,584 | €15,130 | -€74,455 | -83.1% |
| Taxes | 450/3 | €89,584 | €10,895 | -€78,689 | -87.8% |
| Remuneration and social security | 454/9 | - | €4,234 | +€4,234 | |
| Other amounts payable | 47/48 | €166,264 | €152,038 | -€14,226 | -8.6% |
| Accrued charges and deferred income | 492/3 | €197,758 | €12,017 | -€185,741 | -93.9% |
| Turnover | 70 | €358,335 | €297,948 | -€60,387 | -16.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €164,741 | €115,022 | -€49,719 | -30.2% |
| Remuneration, social security and pensions | 62 | €360 | €37,885 | +€37,525 | +10409.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,790 | €106,604 | +€10,814 | +11.3% |
| Other operating charges | 640/8 | €2,743 | €22,670 | +€19,927 | +726.4% |
| Gross operating margin | 9900 | €193,595 | €182,926 | -€10,669 | -5.5% |
| Operating profit (loss) | 9901 | €94,701 | €15,767 | -€78,934 | -83.4% |
| Financial income | 75/76B | €164 | €577 | +€413 | +252.1% |
| Recurring financial income | 75 | €164 | €577 | +€413 | +252.1% |
| Financial charges | 65/66B | €10,113 | €12,866 | +€2,753 | +27.2% |
| Recurring financial charges | 65 | €10,113 | €12,866 | +€2,753 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €84,752 | €3,479 | -€81,274 | -95.9% |
| Income taxes | 67/77 | €21,350 | €856 | -€20,494 | -96.0% |
| Profit (loss) for the period | 9904 | €63,402 | €2,623 | -€60,780 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,402 | €2,623 | -€60,780 | -95.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.