MIELMONT: 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.
What changed
MIELMONT
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.1m
2024 · -€933,001-€178,323
Equity
€28.0m
2024 · €29.1m-€1.1m
Cash
€137,837
2024 · €194,652-€56,815
Balance sheet total
€28.0m
2024 · €29.1m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€997,649
down €997,649 (-3.5%), from €28.7m to €27.7m
of which Land and buildings: -€988,727
Equity and liabilities
- Profit (loss) carried forward -€1.1m
down €1.1m (-9.7%), from -€11.4m to -€12.5m
Income statement
- Gross operating margin -€180,749
down €180,749 (-55.3%), from €327,019 to €146,270
- Other operating charges -€15,142
down €15,142 (-41.9%), from €36,172 to €21,030
- Depreciation +€10,782
up €10,782 (+0.9%), from €1.2m to €1.2m
- Staff costs +€3,560
up €3,560 (+8.8%), from €40,645 to €44,206
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.
Result 2024
-€933,001
Gross operating margin
-€180,749
Staff costs
-€3,560
Depreciation
-€10,782
Other operating charges
+€15,142
Financial income
+€1,915
Financial charges
-€289
Result 2025
-€1.1m
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€135,743
Investment
-€193,438
Financing
+€880
Cash 2024
€194,652
From operations (derived)
+€135,743
Net result for the year
-€1.1m
Depreciation
+€1.2m
Receivables within one year
+€57,841
Smaller working-capital items
-€274
Trade debts
-€6,969
Tax, wage and social debts
+€3,031
Investment (derived)
-€193,438
Investment in fixed assets (net)
-€193,438
Financing
+€880
Short-term financial debts
+€880
Cash 2025
€137,837
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,099,611 | €27,985,284 | -€1.1m | -3.8% |
| Fixed assets | 21/28 | €28,679,297 | €27,679,296 | -€1.0m | -3.5% |
| Intangible fixed assets | 21 | €7,108 | €4,756 | -€2,352 | -33.1% |
| Tangible fixed assets | 22/27 | €28,672,189 | €27,674,540 | -€997,649 | -3.5% |
| Land and buildings | 22 | €28,565,482 | €27,576,755 | -€988,727 | -3.5% |
| Plant, machinery and equipment | 23 | €4,944 | €3,718 | -€1,227 | -24.8% |
| Furniture and vehicles | 24 | €101,762 | €94,067 | -€7,696 | -7.6% |
| Current assets | 29/58 | €420,314 | €305,988 | -€114,326 | -27.2% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €206,700 | €148,859 | -€57,841 | -28.0% |
| Trade receivables | 40 | €76,039 | €26,733 | -€49,306 | -64.8% |
| Other amounts receivable | 41 | €130,661 | €122,126 | -€8,535 | -6.5% |
| Cash at bank and in hand | 54/58 | €194,652 | €137,837 | -€56,815 | -29.2% |
| Deferred charges and accrued income | 490/1 | €13,962 | €14,292 | +€330 | +2.4% |
| Total equity and liabilities | 10/49 | €29,099,611 | €27,985,284 | -€1.1m | -3.8% |
| Equity | 10/15 | €29,069,225 | €27,957,901 | -€1.1m | -3.8% |
| Contributions | 10/11 | €40,500,000 | €40,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,430,775 | -€12,542,099 | -€1.1m | -9.7% |
| Amounts payable | 17/49 | €30,386 | €27,383 | -€3,003 | -9.9% |
| Amounts payable within one year | 42/48 | €30,386 | €27,383 | -€3,003 | -9.9% |
| Financial debts | 43 | €149 | €1,029 | +€880 | +591% |
| Credit institutions | 430/8 | €149 | €1,029 | +€880 | +591% |
| Trade debts | 44 | €23,797 | €16,827 | -€6,969 | -29.3% |
| Suppliers | 440/4 | €23,797 | €16,827 | -€6,969 | -29.3% |
| Taxes, remuneration and social security | 45 | €6,440 | €9,471 | +€3,031 | +47.1% |
| Taxes | 450/3 | €261 | €0 | -€261 | -100% |
| Remuneration and social security | 454/9 | €6,179 | €9,471 | +€3,291 | +53.3% |
| Other amounts payable | 47/48 | €0 | €56 | +€56 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €6,478 | +€6,478 | |
| Remuneration, social security and pensions | 62 | €40,645 | €44,206 | +€3,560 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,182,656 | €1,193,438 | +€10,782 | +0.9% |
| Other operating charges | 640/8 | €36,172 | €21,030 | -€15,142 | -41.9% |
| Gross operating margin | 9900 | €327,019 | €146,270 | -€180,749 | -55.3% |
| Operating profit (loss) | 9901 | -€932,455 | -€1,112,404 | -€179,949 | -19.3% |
| Financial income | 75/76B | €27 | €1,942 | +€1,915 | +6,997% |
| Recurring financial income | 75 | €27 | €1,942 | +€1,915 | +6,997% |
| Financial charges | 65/66B | €573 | €862 | +€289 | +50.4% |
| Recurring financial charges | 65 | €573 | €862 | +€289 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | -€933,001 | -€1,111,324 | -€178,323 | -19.1% |
| Profit (loss) for the period | 9904 | -€933,001 | -€1,111,324 | -€178,323 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€933,001 | -€1,111,324 | -€178,323 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.