Mighty Monday: what changed
Two fiscal 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.
Mighty Monday
Largest movements
- Receivables within one year -€28,749
down €28,749 (-60.6%), from €47,444 to €18,694
of which Trade receivables: -€26,334
- Tangible fixed assets -€15,205
down €15,205 (-70.1%), from €21,699 to €6,494
of which Furniture and vehicles: -€13,774
- Cash -€12,957
down €12,957 (-78.3%), from €16,551 to €3,594
mainly Trade debts (-€65,877) and Tax, wage and social debts (-€28,173)
- Intangible fixed assets -€10,000
down €10,000 (-31.7%), from €31,589 to €21,589
- Trade debts -€65,877
down €65,877 (-95.9%), from €68,676 to €2,800
- Other debts +€32,965
up €32,965 (+33.0%), from €100,004 to €132,969
- Tax, wage and social debts -€28,173
down €28,173 (-93.2%), from €30,235 to €2,062
of which Remuneration and social security: -€18,766
- Debts after one year -€14,631
down €14,631 (-50.2%), from €29,134 to €14,503
- Profit (loss) carried forward +€8,368
up €8,368 (+6.3%), from -€133,800 to -€125,432
- Staff costs -€92,805
down €92,805, from €82,181 to -€10,623
- Gross operating margin -€46,440
down €46,440 (-72.7%), from €63,861 to €17,421
- Other operating charges -€16,584
down €16,584 (-90.3%), from €18,361 to €1,777
- Write-downs -€15,573
down €15,573 (-100.0%), from €15,573 to €0
- Financial income -€7,450
down €7,450 (-97.5%), from €7,642 to €192
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.
Cash bridge derived
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 | €130,494 | €62,872 | -€67,622 | -51.8% |
| Fixed assets | 21/28 | €65,788 | €40,583 | -€25,205 | -38.3% |
| Intangible fixed assets | 21 | €31,589 | €21,589 | -€10,000 | -31.7% |
| Tangible fixed assets | 22/27 | €21,699 | €6,494 | -€15,205 | -70.1% |
| Furniture and vehicles | 24 | €13,774 | €0 | -€13,774 | -100.0% |
| Other tangible fixed assets | 26 | €7,925 | €6,494 | -€1,430 | -18.0% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €64,706 | €22,289 | -€42,418 | -65.6% |
| Amounts receivable within one year | 40/41 | €47,444 | €18,694 | -€28,749 | -60.6% |
| Trade receivables | 40 | €45,028 | €18,694 | -€26,334 | -58.5% |
| Other amounts receivable | 41 | €2,415 | €0 | -€2,415 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €16,551 | €3,594 | -€12,957 | -78.3% |
| Deferred charges and accrued income | 490/1 | €712 | €0 | -€712 | -100.0% |
| Total equity and liabilities | 10/49 | €130,494 | €62,872 | -€67,622 | -51.8% |
| Equity | 10/15 | -€112,461 | -€104,093 | +€8,368 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,139 | €15,139 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,279 | €13,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,800 | -€125,432 | +€8,368 | +6.3% |
| Amounts payable | 17/49 | €242,955 | €166,965 | -€75,990 | -31.3% |
| Amounts payable after more than one year | 17 | €29,134 | €14,503 | -€14,631 | -50.2% |
| Financial debts | 170/4 | €29,134 | €14,503 | -€14,631 | -50.2% |
| Amounts payable within one year | 42/48 | €213,820 | €152,461 | -€61,359 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €14,906 | €14,631 | -€275 | -1.8% |
| Trade debts | 44 | €68,676 | €2,800 | -€65,877 | -95.9% |
| Suppliers | 440/4 | €68,676 | €2,800 | -€65,877 | -95.9% |
| Taxes, remuneration and social security | 45 | €30,235 | €2,062 | -€28,173 | -93.2% |
| Taxes | 450/3 | €11,468 | €2,062 | -€9,407 | -82.0% |
| Remuneration and social security | 454/9 | €18,766 | €0 | -€18,766 | -100.0% |
| Other amounts payable | 47/48 | €100,004 | €132,969 | +€32,965 | +33.0% |
| Remuneration, social security and pensions | 62 | €82,181 | -€10,623 | -€92,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,728 | €12,096 | -€5,632 | -31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,573 | €0 | -€15,573 | -100.0% |
| Other operating charges | 640/8 | €18,361 | €1,777 | -€16,584 | -90.3% |
| Gross operating margin | 9900 | €63,861 | €17,421 | -€46,440 | -72.7% |
| Operating profit (loss) | 9901 | -€69,982 | €14,171 | +€84,154 | |
| Financial income | 75/76B | €7,642 | €192 | -€7,450 | -97.5% |
| Recurring financial income | 75 | €7,642 | €192 | -€7,450 | -97.5% |
| Financial charges | 65/66B | €3,190 | €5,688 | +€2,499 | +78.3% |
| Recurring financial charges | 65 | €3,190 | €5,688 | +€2,499 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | -€65,531 | €8,675 | +€74,205 | |
| Income taxes | 67/77 | €175 | €307 | +€132 | +75.8% |
| Profit (loss) for the period | 9904 | -€65,705 | €8,368 | +€74,073 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,705 | €8,368 | +€74,073 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.