MIELOU: 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.
MIELOU
Largest movements
- Receivables within one year -€21,418
down €21,418 (-8.7%), from €244,890 to €223,472
of which Trade receivables: -€21,418
- Cash -€8,565
down €8,565 (-48.1%), from €17,820 to €9,254
mainly Net result for the year (-€31,962) and Tax, wage and social debts (-€10,723)
- Tangible fixed assets -€5,191
down €5,191 (-2.1%), from €250,980 to €245,789
of which Plant, machinery and equipment: -€5,191
- Profit (loss) carried forward -€31,962
down €31,962 (-30.1%), from €106,271 to €74,309
- Tax, wage and social debts -€10,723
down €10,723 (-83.4%), from €12,855 to €2,132
of which Remuneration and social security: -€8,981
- Other debts +€8,238
up €8,238 (+21.4%), from €38,490 to €46,728
- Gross operating margin -€65,664
down €65,664 (-98.0%), from €66,979 to €1,314
- Staff costs -€32,932
down €32,932 (-59.1%), from €55,752 to €22,819
- Other operating charges +€4,375
up €4,375 (+587%), from €745 to €5,120
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €516,241 | €481,144 | -€35,097 | -6.8% |
| Fixed assets | 21/28 | €250,980 | €245,789 | -€5,191 | -2.1% |
| Tangible fixed assets | 22/27 | €250,980 | €245,789 | -€5,191 | -2.1% |
| Land and buildings | 22 | €221,370 | €221,370 | = | 0.0% |
| Plant, machinery and equipment | 23 | €29,610 | €24,419 | -€5,191 | -17.5% |
| Current assets | 29/58 | €265,260 | €235,355 | -€29,905 | -11.3% |
| Amounts receivable within one year | 40/41 | €244,890 | €223,472 | -€21,418 | -8.7% |
| Trade receivables | 40 | €27,209 | €5,791 | -€21,418 | -78.7% |
| Other amounts receivable | 41 | €217,681 | €217,681 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,820 | €9,254 | -€8,565 | -48.1% |
| Deferred charges and accrued income | 490/1 | €2,551 | €2,629 | +€78 | +3.0% |
| Total equity and liabilities | 10/49 | €516,241 | €481,144 | -€35,097 | -6.8% |
| Equity | 10/15 | €463,771 | €431,809 | -€31,962 | -6.9% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Capital | 10 | €325,000 | €325,000 | = | 0.0% |
| Issued capital | 100 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €32,500 | €32,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,500 | €32,500 | = | 0.0% |
| Legal reserve | 130 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,271 | €74,309 | -€31,962 | -30.1% |
| Amounts payable | 17/49 | €52,469 | €49,334 | -€3,135 | -6.0% |
| Amounts payable within one year | 42/48 | €52,469 | €49,334 | -€3,135 | -6.0% |
| Trade debts | 44 | €1,124 | €474 | -€650 | -57.8% |
| Suppliers | 440/4 | €1,124 | €474 | -€650 | -57.8% |
| Taxes, remuneration and social security | 45 | €12,855 | €2,132 | -€10,723 | -83.4% |
| Taxes | 450/3 | €3,874 | €2,132 | -€1,742 | -45.0% |
| Remuneration and social security | 454/9 | €8,981 | - | -€8,981 | |
| Other amounts payable | 47/48 | €38,490 | €46,728 | +€8,238 | +21.4% |
| Remuneration, social security and pensions | 62 | €55,752 | €22,819 | -€32,932 | -59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,191 | €5,191 | = | 0.0% |
| Other operating charges | 640/8 | €745 | €5,120 | +€4,375 | +587% |
| Gross operating margin | 9900 | €66,979 | €1,314 | -€65,664 | -98.0% |
| Operating profit (loss) | 9901 | €5,290 | -€31,816 | -€37,107 | |
| Financial income | 75/76B | €326 | €23 | -€302 | -92.9% |
| Recurring financial income | 75 | €326 | €23 | -€302 | -92.9% |
| Financial charges | 65/66B | €168 | €169 | +€0 | +0.1% |
| Recurring financial charges | 65 | €168 | €169 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €5,448 | -€31,962 | -€37,409 | |
| Income taxes | 67/77 | €595 | €1 | -€594 | -99.9% |
| Profit (loss) for the period | 9904 | €4,853 | -€31,962 | -€36,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,853 | -€31,962 | -€36,815 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.