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MIF BE: 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

MIF BE

BE 0740.567.878
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€248,093
2024 · -€238,546-€9,547
Equity
-€9,533
2024 · €238,561-€248,093
Cash
€95
2024 · €133-€38
Balance sheet total
€6.3m
2024 · €6.3m-€38

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€248,093

      down €248,093, from €228,561 to -€19,533

    • Debts after one year +€241,477

      up €241,477 (+4.0%), from €6.0m to €6.3m

    Income statement
    • Financial charges +€9,361

      up €9,361 (+4.0%), from €234,048 to €243,410

    • Gross operating margin -€155

      down €155 (-4.4%), from -€3,530 to -€3,685

    From the 2024 result to the 2025 result

    effect on the 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 -€238,546
    Gross operating margin -€155
    Other operating charges -€31
    Financial charges -€9,361
    Result 2025 -€248,093
    lowers the result

    Derived cash bridge

    cash 2024 to 2025

    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 -€241,514
    Investment €0
    Financing +€241,477
    Cash 2024 €133
    Net result for the year -€248,093
    Other debts +€6,579
    Debts after one year +€241,477
    Cash 2025 €95
    brings cash intakes cash out
    Every line side by side 22 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €6,331,468 €6,331,431 -€38 0.0%
    Fixed assets 21/28 €6,331,335 €6,331,335 = 0.0%
    Financial fixed assets 28 €6,331,335 €6,331,335 = 0.0%
    Current assets 29/58 €133 €95 -€38 -28.3%
    Cash at bank and in hand 54/58 €133 €95 -€38 -28.3%
    Total equity and liabilities 10/49 €6,331,468 €6,331,431 -€38 0.0%
    Equity 10/15 €238,561 -€9,533 -€248,093
    Contributions 10/11 €10,000 €10,000 = 0.0%
    Profit (loss) carried forward 14 €228,561 -€19,533 -€248,093
    Amounts payable 17/49 €6,092,908 €6,340,964 +€248,056 +4.1%
    Amounts payable after more than one year 17 €6,036,921 €6,278,398 +€241,477 +4.0%
    Other amounts payable 178/9 €6,036,921 €6,278,398 +€241,477 +4.0%
    Amounts payable within one year 42/48 €55,987 €62,565 +€6,579 +11.8%
    Other amounts payable 47/48 €55,987 €62,565 +€6,579 +11.8%
    Other operating charges 640/8 €968 €998 +€31 +3.2%
    Gross operating margin 9900 -€3,530 -€3,685 -€155 -4.4%
    Operating profit (loss) 9901 -€4,497 -€4,684 -€186 -4.1%
    Financial charges 65/66B €234,048 €243,410 +€9,361 +4.0%
    Recurring financial charges 65 €234,048 €243,410 +€9,361 +4.0%
    Profit (loss) for the period before taxes 9903 -€238,546 -€248,093 -€9,547 -4.0%
    Profit (loss) for the period 9904 -€238,546 -€248,093 -€9,547 -4.0%
    Profit (loss) for the period to be appropriated 9905 -€238,546 -€248,093 -€9,547 -4.0%

    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 13 October 2026 via checked.be.