MIJEAN: 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.
MIJEAN
Largest movements
- Cash -€69,908
down €69,908 (-84.8%), from €82,448 to €12,540
mainly Receivables after one year (-€67,062) and Investment in fixed assets (net) (-€48,588)
- Receivables after one year +€67,062
new in 2025: €67,062
- Receivables within one year -€21,405
down €21,405 (-79.1%), from €27,056 to €5,651
of which Other amounts receivable: -€22,514
- Tangible fixed assets +€7,523
up €7,523 (+2.1%), from €352,867 to €360,390
of which Plant, machinery and equipment: +€25,509
- Debts after one year -€21,690
down €21,690 (-30.2%), from €71,855 to €50,165
- Other debts -€7,847
down €7,847 (-3.5%), from €223,504 to €215,657
- Trade debts +€6,423
up €6,423 (+53.1%), from €12,085 to €18,508
- Profit (loss) carried forward +€5,826
up €5,826 (+11.6%), from €50,407 to €56,232
- Gross operating margin -€4,361
down €4,361 (-7.2%), from €60,815 to €56,454
- Financial income +€1,312
up €1,312 (+1874871.4%), from €0 to €1,312
- Depreciation -€831
down €831 (-2.0%), from €41,896 to €41,065
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 | €465,114 | €448,492 | -€16,622 | -3.6% |
| Fixed assets | 21/28 | €353,015 | €360,538 | +€7,523 | +2.1% |
| Tangible fixed assets | 22/27 | €352,867 | €360,390 | +€7,523 | +2.1% |
| Land and buildings | 22 | €96,460 | €91,309 | -€5,151 | -5.3% |
| Plant, machinery and equipment | 23 | €205,485 | €230,994 | +€25,509 | +12.4% |
| Other tangible fixed assets | 26 | €50,921 | €38,087 | -€12,835 | -25.2% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €112,099 | €87,953 | -€24,145 | -21.5% |
| Amounts receivable after more than one year | 29 | - | €67,062 | +€67,062 | |
| Other amounts receivable | 291 | - | €67,062 | +€67,062 | |
| Amounts receivable within one year | 40/41 | €27,056 | €5,651 | -€21,405 | -79.1% |
| Trade receivables | 40 | €4,065 | €5,175 | +€1,110 | +27.3% |
| Other amounts receivable | 41 | €22,991 | €477 | -€22,514 | -97.9% |
| Cash at bank and in hand | 54/58 | €82,448 | €12,540 | -€69,908 | -84.8% |
| Deferred charges and accrued income | 490/1 | €2,595 | €2,701 | +€106 | +4.1% |
| Total equity and liabilities | 10/49 | €465,114 | €448,492 | -€16,622 | -3.6% |
| Equity | 10/15 | €134,007 | €139,832 | +€5,826 | +4.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €21,600 | €21,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €15,400 | €15,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,407 | €56,232 | +€5,826 | +11.6% |
| Amounts payable | 17/49 | €331,107 | €308,660 | -€22,448 | -6.8% |
| Amounts payable after more than one year | 17 | €71,855 | €50,165 | -€21,690 | -30.2% |
| Financial debts | 170/4 | €71,855 | €50,165 | -€21,690 | -30.2% |
| Amounts payable within one year | 42/48 | €259,253 | €258,495 | -€758 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €21,326 | €21,690 | +€364 | +1.7% |
| Trade debts | 44 | €12,085 | €18,508 | +€6,423 | +53.1% |
| Suppliers | 440/4 | €12,085 | €18,508 | +€6,423 | +53.1% |
| Taxes, remuneration and social security | 45 | €2,338 | €2,640 | +€302 | +12.9% |
| Taxes | 450/3 | €2,338 | €2,640 | +€302 | +12.9% |
| Other amounts payable | 47/48 | €223,504 | €215,657 | -€7,847 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,896 | €41,065 | -€831 | -2.0% |
| Other operating charges | 640/8 | €6,170 | €6,382 | +€212 | +3.4% |
| Gross operating margin | 9900 | €60,815 | €56,454 | -€4,361 | -7.2% |
| Operating profit (loss) | 9901 | €12,749 | €9,006 | -€3,742 | -29.4% |
| Financial income | 75/76B | €0 | €1,312 | +€1,312 | +1874871.4% |
| Recurring financial income | 75 | €0 | €1,312 | +€1,312 | +1874871.4% |
| Financial charges | 65/66B | €2,422 | €2,545 | +€124 | +5.1% |
| Recurring financial charges | 65 | €2,422 | €2,545 | +€124 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €10,327 | €7,773 | -€2,554 | -24.7% |
| Income taxes | 67/77 | €2,338 | €1,948 | -€390 | -16.7% |
| Profit (loss) for the period | 9904 | €7,990 | €5,826 | -€2,164 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,990 | €5,826 | -€2,164 | -27.1% |
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 3 October 2026 via checked.be.