MIGSOFFICE.COM: 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.
MIGSOFFICE.COM
Largest movements
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Cash +€128,739
up €128,739 (+497%), from €25,912 to €154,652
mainly Current investments (+€150,000) and Other debts (+€45,251)
- Tangible fixed assets -€33,895
down €33,895 (-21.9%), from €154,426 to €120,531
of which Furniture and vehicles: -€22,375
- Reserves -€77,348
down €77,348 (-38.7%), from €200,073 to €122,725
- Other debts +€45,251
up €45,251 (+1,893%), from €2,390 to €47,641
- Debts after one year -€26,066
down €26,066 (-27.3%), from €95,498 to €69,432
- Gross operating margin +€11,191
up €11,191 (+16.4%), from €68,248 to €79,439
- Depreciation +€4,464
up €4,464 (+14.1%), from €31,554 to €36,017
- Financial income +€2,215
up €2,215 (+194%), from €1,139 to €3,355
- Other operating charges -€2,151
down €2,151 (-17.6%), from €12,209 to €10,058
- Financial charges +€1,741
up €1,741 (+26.3%), from €6,630 to €8,371
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 | €361,667 | €309,165 | -€52,501 | -14.5% |
| Fixed assets | 21/28 | €154,426 | €120,531 | -€33,895 | -21.9% |
| Tangible fixed assets | 22/27 | €154,426 | €120,531 | -€33,895 | -21.9% |
| Land and buildings | 22 | €41,462 | €35,781 | -€5,681 | -13.7% |
| Plant, machinery and equipment | 23 | €7,663 | €4,388 | -€3,274 | -42.7% |
| Furniture and vehicles | 24 | €94,893 | €72,518 | -€22,375 | -23.6% |
| Other tangible fixed assets | 26 | €10,408 | €7,843 | -€2,565 | -24.6% |
| Current assets | 29/58 | €207,241 | €188,634 | -€18,607 | -9.0% |
| Amounts receivable within one year | 40/41 | €31,329 | €33,983 | +€2,654 | +8.5% |
| Trade receivables | 40 | €17,893 | €26,707 | +€8,814 | +49.3% |
| Other amounts receivable | 41 | €13,436 | €7,276 | -€6,160 | -45.8% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €25,912 | €154,652 | +€128,739 | +497% |
| Total equity and liabilities | 10/49 | €361,667 | €309,165 | -€52,501 | -14.5% |
| Equity | 10/15 | €212,473 | €135,125 | -€77,348 | -36.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €200,073 | €122,725 | -€77,348 | -38.7% |
| Distributable reserves | 133 | €200,073 | €122,725 | -€77,348 | -38.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €149,194 | €174,040 | +€24,846 | +16.7% |
| Amounts payable after more than one year | 17 | €95,498 | €69,432 | -€26,066 | -27.3% |
| Financial debts | 170/4 | €95,498 | €69,432 | -€26,066 | -27.3% |
| Amounts payable within one year | 42/48 | €52,196 | €103,109 | +€50,913 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | €24,992 | €26,066 | +€1,074 | +4.3% |
| Financial debts | 43 | €2,856 | €3,293 | +€438 | +15.3% |
| Credit institutions | 430/8 | €2,856 | €3,293 | +€438 | +15.3% |
| Trade debts | 44 | €1,497 | €3,694 | +€2,197 | +147% |
| Suppliers | 440/4 | €1,497 | €3,694 | +€2,197 | +147% |
| Taxes, remuneration and social security | 45 | €20,461 | €22,414 | +€1,953 | +9.5% |
| Taxes | 450/3 | €20,461 | €22,414 | +€1,953 | +9.5% |
| Other amounts payable | 47/48 | €2,390 | €47,641 | +€45,251 | +1,893% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Non-recurring operating income | 76A | €17,930 | €0 | -€17,930 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,554 | €36,017 | +€4,464 | +14.1% |
| Other operating charges | 640/8 | €12,209 | €10,058 | -€2,151 | -17.6% |
| Gross operating margin | 9900 | €68,248 | €79,439 | +€11,191 | +16.4% |
| Operating profit (loss) | 9901 | €24,485 | €33,364 | +€8,879 | +36.3% |
| Financial income | 75/76B | €1,139 | €3,355 | +€2,215 | +194% |
| Recurring financial income | 75 | €1,139 | €3,355 | +€2,215 | +194% |
| Financial charges | 65/66B | €6,630 | €8,371 | +€1,741 | +26.3% |
| Recurring financial charges | 65 | €6,630 | €8,371 | +€1,741 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €18,995 | €28,348 | +€9,353 | +49.2% |
| Income taxes | 67/77 | €7,978 | €9,631 | +€1,653 | +20.7% |
| Profit (loss) for the period | 9904 | €11,017 | €18,717 | +€7,700 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,017 | €18,717 | +€7,700 | +69.9% |
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 31 October 2026 via checked.be.