MIEN & 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.
MIEN & CO
Largest movements
- Cash +€194,241
up €194,241 (+374%), from €51,874 to €246,115
mainly Debts after one year (+€206,968) and Depreciation (+€18,171)
- Tangible fixed assets -€12,143
down €12,143 (-5.4%), from €224,516 to €212,373
of which Land and buildings: -€15,368
- Financial fixed assets +€7,538
new in 2025: €7,538
- Debts after one year +€206,968
up €206,968 (+144%), from €143,484 to €350,452
of which Other amounts payable: +€216,000
- Profit (loss) carried forward -€17,011
down €17,011 (-6.8%), from -€251,198 to -€268,209
- Gross operating margin +€1,688
up €1,688 (+39.3%), from €4,299 to €5,988
- Depreciation +€1,027
up €1,027 (+6.0%), from €17,144 to €18,171
- Financial charges -€358
down €358 (-18.9%), from €1,887 to €1,530
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 | €276,531 | €466,220 | +€189,689 | +68.6% |
| Fixed assets | 21/28 | €224,516 | €219,910 | -€4,606 | -2.1% |
| Tangible fixed assets | 22/27 | €224,516 | €212,373 | -€12,143 | -5.4% |
| Land and buildings | 22 | €214,789 | €199,421 | -€15,368 | -7.2% |
| Furniture and vehicles | 24 | €9,727 | €12,952 | +€3,225 | +33.2% |
| Financial fixed assets | 28 | - | €7,538 | +€7,538 | |
| Current assets | 29/58 | €52,015 | €246,310 | +€194,295 | +374% |
| Cash at bank and in hand | 54/58 | €51,874 | €246,115 | +€194,241 | +374% |
| Deferred charges and accrued income | 490/1 | €141 | €195 | +€54 | +38.3% |
| Total equity and liabilities | 10/49 | €276,531 | €466,220 | +€189,689 | +68.6% |
| Equity | 10/15 | -€1,198 | -€18,209 | -€17,011 | -1,420% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€251,198 | -€268,209 | -€17,011 | -6.8% |
| Amounts payable | 17/49 | €277,729 | €484,429 | +€206,700 | +74.4% |
| Amounts payable after more than one year | 17 | €143,484 | €350,452 | +€206,968 | +144% |
| Financial debts | 170/4 | €23,484 | €14,452 | -€9,032 | -38.5% |
| Other amounts payable | 178/9 | €120,000 | €336,000 | +€216,000 | +180% |
| Amounts payable within one year | 42/48 | €133,169 | €133,977 | +€808 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €8,579 | €9,032 | +€453 | +5.3% |
| Trade debts | 44 | €58 | €261 | +€203 | +351% |
| Suppliers | 440/4 | €58 | €261 | +€203 | +351% |
| Other amounts payable | 47/48 | €124,532 | €124,683 | +€151 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,076 | - | -€1,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,144 | €18,171 | +€1,027 | +6.0% |
| Other operating charges | 640/8 | €3,346 | €3,298 | -€48 | -1.4% |
| Gross operating margin | 9900 | €4,299 | €5,988 | +€1,688 | +39.3% |
| Operating profit (loss) | 9901 | -€16,190 | -€15,481 | +€709 | +4.4% |
| Financial charges | 65/66B | €1,887 | €1,530 | -€358 | -18.9% |
| Recurring financial charges | 65 | €1,887 | €1,530 | -€358 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,077 | -€17,011 | +€1,066 | +5.9% |
| Profit (loss) for the period | 9904 | -€18,077 | -€17,011 | +€1,066 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,077 | -€17,011 | +€1,066 | +5.9% |
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 17 October 2026 via checked.be.