MIJO: 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.
MIJO
Largest movements
- Receivables after one year +€18,000
up €18,000 (+45.0%), from €40,000 to €58,000
- Receivables within one year -€4,055
down €4,055 (-86.0%), from €4,714 to €660
of which Trade receivables: -€3,360
- Cash +€2,008
up €2,008 (+125.1%), from €1,605 to €3,613
mainly Net result for the year (+€8,567) and Tax, wage and social debts (+€7,219)
- Tangible fixed assets -€1,503
down €1,503 (-22.9%), from €6,557 to €5,055
of which Plant, machinery and equipment: -€1,065
- Deferred charges and accrued income -€1,350
down €1,350 (-69.2%), from €1,950 to €600
- Reserves +€8,567
up €8,567 (+25.0%), from €34,289 to €42,856
- Tax, wage and social debts +€7,219
up €7,219 (+67.7%), from €10,659 to €17,878
of which Taxes: +€5,219
- Advances received -€2,691
down €2,691 (-100.0%), from €2,691 to €0
- Other debts +€945
up €945, from €0 to €945
- Trade debts -€939
down €939 (-22.4%), from €4,188 to €3,249
- Gross operating margin -€20,284
down €20,284 (-57.4%), from €35,338 to €15,054
- Taxes -€3,756
down €3,756 (-57.0%), from €6,594 to €2,838
- Financial charges +€862
up €862 (+47.1%), from €1,830 to €2,692
- Financial income +€580
up €580 (+66.6%), from €872 to €1,452
- Depreciation +€577
up €577 (+62.4%), from €925 to €1,503
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 | €54,827 | €67,928 | +€13,101 | +23.9% |
| Fixed assets | 21/28 | €6,557 | €5,055 | -€1,503 | -22.9% |
| Tangible fixed assets | 22/27 | €6,557 | €5,055 | -€1,503 | -22.9% |
| Plant, machinery and equipment | 23 | €4,646 | €3,581 | -€1,065 | -22.9% |
| Furniture and vehicles | 24 | €1,911 | €1,474 | -€438 | -22.9% |
| Current assets | 29/58 | €48,270 | €62,873 | +€14,603 | +30.3% |
| Amounts receivable after more than one year | 29 | €40,000 | €58,000 | +€18,000 | +45.0% |
| Other amounts receivable | 291 | €40,000 | €58,000 | +€18,000 | +45.0% |
| Amounts receivable within one year | 40/41 | €4,714 | €660 | -€4,055 | -86.0% |
| Trade receivables | 40 | €4,019 | €660 | -€3,360 | -83.6% |
| Other amounts receivable | 41 | €695 | €0 | -€695 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,605 | €3,613 | +€2,008 | +125.1% |
| Deferred charges and accrued income | 490/1 | €1,950 | €600 | -€1,350 | -69.2% |
| Total equity and liabilities | 10/49 | €54,827 | €67,928 | +€13,101 | +23.9% |
| Equity | 10/15 | €37,289 | €45,856 | +€8,567 | +23.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,289 | €42,856 | +€8,567 | +25.0% |
| Distributable reserves | 133 | €34,289 | €42,856 | +€8,567 | +25.0% |
| Amounts payable | 17/49 | €17,538 | €22,072 | +€4,534 | +25.9% |
| Amounts payable within one year | 42/48 | €17,538 | €22,072 | +€4,534 | +25.9% |
| Trade debts | 44 | €4,188 | €3,249 | -€939 | -22.4% |
| Suppliers | 440/4 | €4,188 | €3,249 | -€939 | -22.4% |
| Advances received on contracts in progress | 46 | €2,691 | €0 | -€2,691 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,659 | €17,878 | +€7,219 | +67.7% |
| Taxes | 450/3 | €10,659 | €15,878 | +€5,219 | +49.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €0 | €945 | +€945 | |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €1,503 | +€577 | +62.4% |
| Other operating charges | 640/8 | €669 | €906 | +€237 | +35.5% |
| Gross operating margin | 9900 | €35,338 | €15,054 | -€20,284 | -57.4% |
| Operating profit (loss) | 9901 | €33,744 | €12,645 | -€21,099 | -62.5% |
| Financial income | 75/76B | €872 | €1,452 | +€580 | +66.6% |
| Recurring financial income | 75 | €872 | €1,452 | +€580 | +66.6% |
| Financial charges | 65/66B | €1,830 | €2,692 | +€862 | +47.1% |
| Recurring financial charges | 65 | €1,830 | €2,692 | +€862 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €32,786 | €11,405 | -€21,381 | -65.2% |
| Income taxes | 67/77 | €6,594 | €2,838 | -€3,756 | -57.0% |
| Profit (loss) for the period | 9904 | €26,192 | €8,567 | -€17,625 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,192 | €8,567 | -€17,625 | -67.3% |
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 4 October 2026 via checked.be.