MIG Company: what changed
MIG Company
Largest movements
- Cash +€17,140
up €17,140 (+69.7%), from €24,604 to €41,744
mainly Net result for the year (+€13,678) and Tax, wage and social debts (+€4,729)
- Tangible fixed assets +€1,639
new in 2025: €1,639
- Receivables within one year +€1,541
up €1,541 (+146%), from €1,055 to €2,595
of which Trade receivables: +€1,595
- Reserves +€12,108
up €12,108 (+79.6%), from €15,213 to €27,321
- Tax, wage and social debts +€4,729
up €4,729 (+104%), from €4,554 to €9,284
of which Taxes: +€5,029
- Other debts +€3,081
up €3,081 (+550%), from €560 to €3,641
- Profit (loss) carried forward +€738
no longer reported in 2025 (was -€738)
- Trade debts -€466
down €466 (-11.4%), from €4,097 to €3,631
- Gross operating margin +€5,170
up €5,170 (+31.3%), from €16,521 to €21,691
- Taxes +€1,767
up €1,767 (+32.9%), from €5,364 to €7,130
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,087 | €46,276 | +€20,189 | +77.4% |
| Fixed assets | 21/28 | €143 | €1,782 | +€1,639 | +1,146% |
| Tangible fixed assets | 22/27 | - | €1,639 | +€1,639 | |
| Furniture and vehicles | 24 | - | €1,639 | +€1,639 | |
| Financial fixed assets | 28 | €143 | €143 | = | 0.0% |
| Current assets | 29/58 | €25,944 | €44,494 | +€18,550 | +71.5% |
| Amounts receivable within one year | 40/41 | €1,055 | €2,595 | +€1,541 | +146% |
| Trade receivables | 40 | €1,000 | €2,595 | +€1,595 | +160% |
| Other amounts receivable | 41 | €55 | - | -€55 | |
| Cash at bank and in hand | 54/58 | €24,604 | €41,744 | +€17,140 | +69.7% |
| Deferred charges and accrued income | 490/1 | €286 | €155 | -€131 | -45.7% |
| Total equity and liabilities | 10/49 | €26,087 | €46,276 | +€20,189 | +77.4% |
| Equity | 10/15 | €16,876 | €29,721 | +€12,845 | +76.1% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €15,213 | €27,321 | +€12,108 | +79.6% |
| Distributable reserves | 133 | €15,213 | €27,321 | +€12,108 | +79.6% |
| Profit (loss) carried forward | 14 | -€738 | - | +€738 | |
| Amounts payable | 17/49 | €9,212 | €16,556 | +€7,344 | +79.7% |
| Amounts payable within one year | 42/48 | €9,212 | €16,556 | +€7,344 | +79.7% |
| Trade debts | 44 | €4,097 | €3,631 | -€466 | -11.4% |
| Suppliers | 440/4 | €4,097 | €3,631 | -€466 | -11.4% |
| Taxes, remuneration and social security | 45 | €4,554 | €9,284 | +€4,729 | +104% |
| Taxes | 450/3 | €4,254 | €9,284 | +€5,029 | +118% |
| Remuneration and social security | 454/9 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €560 | €3,641 | +€3,081 | +550% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €117 | +€117 | |
| Other operating charges | 640/8 | €609 | €446 | -€163 | -26.8% |
| Non-recurring operating charges | 66A | €176 | €107 | -€69 | -39.0% |
| Gross operating margin | 9900 | €16,521 | €21,691 | +€5,170 | +31.3% |
| Operating profit (loss) | 9901 | €15,736 | €21,021 | +€5,285 | +33.6% |
| Financial income | 75/76B | €2 | €1 | -€1 | -59.4% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -59.4% |
| Financial charges | 65/66B | €288 | €214 | -€75 | -25.9% |
| Recurring financial charges | 65 | €288 | €214 | -€75 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €15,450 | €20,808 | +€5,359 | +34.7% |
| Income taxes | 67/77 | €5,364 | €7,130 | +€1,767 | +32.9% |
| Profit (loss) for the period | 9904 | €10,086 | €13,678 | +€3,592 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,086 | €13,678 | +€3,592 | +35.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.