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MIF UK: 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 UK

BE 0740.568.274
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€564,411
2024 · -€542,780-€21,630
Equity
-€2.1m
2024 · -€1.5m-€564,411
Cash
€40
2024 · €48-€9
Balance sheet total
€12.5m
2024 · €12.5m+€23

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 -€564,411

      down €564,411 (-37.2%), from -€1.5m to -€2.1m

    • Debts after one year +€553,244

      up €553,244 (+4.0%), from €13.8m to €14.4m

    Income statement
    • Financial charges +€21,489

      up €21,489 (+4.0%), from €537,700 to €559,190

    • Gross operating margin -€110

      down €110 (-2.7%), from -€4,112 to -€4,223

    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 -€542,780
    Gross operating margin -€110
    Other operating charges -€31
    Financial charges -€21,489
    Result 2025 -€564,411
    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 -€553,220
    Investment -€32
    Financing +€553,244
    Cash 2024 €48
    Net result for the year -€564,411
    Other debts +€11,190
    Investment in fixed assets (net) -€32
    Debts after one year +€553,244
    Cash 2025 €40
    brings cash intakes cash out
    Every line side by side 22 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €12,487,904 €12,487,927 +€23 0.0%
    Fixed assets 21/28 €12,487,855 €12,487,887 +€32 0.0%
    Financial fixed assets 28 €12,487,855 €12,487,887 +€32 0.0%
    Current assets 29/58 €48 €40 -€9 -18.0%
    Cash at bank and in hand 54/58 €48 €40 -€9 -18.0%
    Total equity and liabilities 10/49 €12,487,904 €12,487,927 +€23 0.0%
    Equity 10/15 -€1,506,395 -€2,070,806 -€564,411 -37.5%
    Contributions 10/11 €10,000 €10,000 = 0.0%
    Profit (loss) carried forward 14 -€1,516,395 -€2,080,806 -€564,411 -37.2%
    Amounts payable 17/49 €13,994,299 €14,558,733 +€564,434 +4.0%
    Amounts payable after more than one year 17 €13,831,089 €14,384,333 +€553,244 +4.0%
    Other amounts payable 178/9 €13,831,089 €14,384,333 +€553,244 +4.0%
    Amounts payable within one year 42/48 €163,210 €174,400 +€11,190 +6.9%
    Other amounts payable 47/48 €163,210 €174,400 +€11,190 +6.9%
    Other operating charges 640/8 €968 €998 +€31 +3.2%
    Gross operating margin 9900 -€4,112 -€4,223 -€110 -2.7%
    Operating profit (loss) 9901 -€5,080 -€5,221 -€141 -2.8%
    Financial charges 65/66B €537,700 €559,190 +€21,489 +4.0%
    Recurring financial charges 65 €537,700 €559,190 +€21,489 +4.0%
    Profit (loss) for the period before taxes 9903 -€542,780 -€564,411 -€21,630 -4.0%
    Profit (loss) for the period 9904 -€542,780 -€564,411 -€21,630 -4.0%
    Profit (loss) for the period to be appropriated 9905 -€542,780 -€564,411 -€21,630 -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.