Miikitco: 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.
Miikitco
Largest movements
- Receivables within one year -€128,307
down €128,307 (-85.1%), from €150,797 to €22,489
of which Trade receivables: -€128,307
- Tangible fixed assets -€10,694
down €10,694 (-25.0%), from €42,712 to €32,018
of which Plant, machinery and equipment: -€8,359
- Trade debts -€120,912
down €120,912 (-27.7%), from €436,401 to €315,490
- Other debts +€70,000
up €70,000 (+8.6%), from €817,207 to €887,207
- Profit (loss) carried forward -€54,976
down €54,976 (-1.6%), from -€3.4m to -€3.4m
- Tax, wage and social debts -€35,134
no longer reported in 2025 (was €35,134)
- Short-term financial debts +€3,068
new in 2025: €3,068
- Purchases and services -€247,851
down €247,851 (-88.7%), from €279,376 to €31,525
- Turnover -€177,147
down €177,147 (-99.0%), from €178,889 to €1,742
- Gross operating margin +€66,093
up €66,093 (+68.9%), from -€95,875 to -€29,783
- Staff costs -€53,110
no longer reported in 2025 (was €53,110)
- Depreciation -€10,807
down €10,807 (-50.3%), from €21,500 to €10,694
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 | €197,653 | €59,699 | -€137,954 | -69.8% |
| Fixed assets | 21/28 | €42,712 | €32,018 | -€10,694 | -25.0% |
| Tangible fixed assets | 22/27 | €42,712 | €32,018 | -€10,694 | -25.0% |
| Plant, machinery and equipment | 23 | €32,507 | €24,148 | -€8,359 | -25.7% |
| Furniture and vehicles | 24 | €10,205 | €7,870 | -€2,335 | -22.9% |
| Current assets | 29/58 | €154,941 | €27,681 | -€127,260 | -82.1% |
| Amounts receivable within one year | 40/41 | €150,797 | €22,489 | -€128,307 | -85.1% |
| Trade receivables | 40 | €150,694 | €22,387 | -€128,307 | -85.1% |
| Other amounts receivable | 41 | €102 | €102 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,144 | €5,191 | +€1,047 | +25.3% |
| Total equity and liabilities | 10/49 | €197,653 | €59,699 | -€137,954 | -69.8% |
| Equity | 10/15 | -€1,888,597 | -€1,943,574 | -€54,976 | -2.9% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,388,597 | -€3,443,574 | -€54,976 | -1.6% |
| Amounts payable | 17/49 | €2,086,250 | €2,003,273 | -€82,978 | -4.0% |
| Amounts payable after more than one year | 17 | €750,000 | €750,000 | = | 0.0% |
| Financial debts | 170/4 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,288,742 | €1,205,764 | -€82,978 | -6.4% |
| Financial debts | 43 | - | €3,068 | +€3,068 | |
| Other loans | 439 | - | €3,068 | +€3,068 | |
| Trade debts | 44 | €436,401 | €315,490 | -€120,912 | -27.7% |
| Suppliers | 440/4 | €436,401 | €315,490 | -€120,912 | -27.7% |
| Taxes, remuneration and social security | 45 | €35,134 | - | -€35,134 | |
| Remuneration and social security | 454/9 | €35,134 | - | -€35,134 | |
| Other amounts payable | 47/48 | €817,207 | €887,207 | +€70,000 | +8.6% |
| Accrued charges and deferred income | 492/3 | €47,508 | €47,508 | = | 0.0% |
| Turnover | 70 | €178,889 | €1,742 | -€177,147 | -99.0% |
| Non-recurring operating income | 76A | €4,349 | - | -€4,349 | |
| Goods, raw materials, services and sundry goods | 60/61 | €279,376 | €31,525 | -€247,851 | -88.7% |
| Remuneration, social security and pensions | 62 | €53,110 | - | -€53,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,500 | €10,694 | -€10,807 | -50.3% |
| Other operating charges | 640/8 | €6,575 | €3,078 | -€3,498 | -53.2% |
| Non-recurring operating charges | 66A | €2,005 | €10,810 | +€8,805 | +439.1% |
| Gross operating margin | 9900 | -€95,875 | -€29,783 | +€66,093 | +68.9% |
| Operating profit (loss) | 9901 | -€179,066 | -€54,364 | +€124,702 | +69.6% |
| Financial income | 75/76B | €250 | - | -€250 | |
| Recurring financial income | 75 | €250 | - | -€250 | |
| Financial charges | 65/66B | €7,019 | €286 | -€6,733 | -95.9% |
| Recurring financial charges | 65 | €7,019 | €286 | -€6,733 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | -€185,835 | -€54,650 | +€131,185 | +70.6% |
| Income taxes | 67/77 | - | €326 | +€326 | |
| Profit (loss) for the period | 9904 | -€185,835 | -€54,976 | +€130,859 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€185,835 | -€54,976 | +€130,859 | +70.4% |
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 5 October 2026 via checked.be.