MIK: 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.
MIK
Largest movements
- Cash +€18,846
up €18,846 (+21.6%), from €87,409 to €106,255
mainly Receivables within one year (+€14,296) and Net result for the year (+€10,421)
- Receivables within one year -€14,296
down €14,296 (-44.1%), from €32,407 to €18,111
of which Trade receivables: -€10,279
- Tangible fixed assets -€2,316
down €2,316 (-11.7%), from €19,764 to €17,448
of which Land and buildings: -€2,375
- Reserves +€11,000
up €11,000 (+10.5%), from €104,918 to €115,918
of which Distributable reserves: +€11,000
- Tax, wage and social debts -€9,494
down €9,494 (-67.8%), from €14,005 to €4,511
- Debts after one year +€3,000
up €3,000 (+18.8%), from €16,000 to €19,000
- Trade debts -€2,483
down €2,483 (-90.7%), from €2,736 to €253
- Gross operating margin -€25,233
down €25,233 (-56.8%), from €44,416 to €19,183
- Taxes -€8,105
down €8,105 (-66.9%), from €12,110 to €4,005
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 | €141,728 | €143,119 | +€1,391 | +1.0% |
| Fixed assets | 21/28 | €21,912 | €18,606 | -€3,306 | -15.1% |
| Intangible fixed assets | 21 | €2,148 | €1,158 | -€990 | -46.1% |
| Tangible fixed assets | 22/27 | €19,764 | €17,448 | -€2,316 | -11.7% |
| Land and buildings | 22 | €18,432 | €16,057 | -€2,375 | -12.9% |
| Plant, machinery and equipment | 23 | - | €542 | +€542 | |
| Furniture and vehicles | 24 | €1,332 | €850 | -€482 | -36.2% |
| Current assets | 29/58 | €119,816 | €124,513 | +€4,697 | +3.9% |
| Stocks and contracts in progress | 3 | - | €147 | +€147 | |
| Stocks | 30/36 | - | €147 | +€147 | |
| Amounts receivable within one year | 40/41 | €32,407 | €18,111 | -€14,296 | -44.1% |
| Trade receivables | 40 | €24,800 | €14,521 | -€10,279 | -41.4% |
| Other amounts receivable | 41 | €7,607 | €3,590 | -€4,017 | -52.8% |
| Cash at bank and in hand | 54/58 | €87,409 | €106,255 | +€18,846 | +21.6% |
| Total equity and liabilities | 10/49 | €141,728 | €143,119 | +€1,391 | +1.0% |
| Equity | 10/15 | €108,615 | €119,036 | +€10,421 | +9.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €104,918 | €115,918 | +€11,000 | +10.5% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €104,618 | €115,618 | +€11,000 | +10.5% |
| Profit (loss) carried forward | 14 | €697 | €118 | -€579 | -83.1% |
| Amounts payable | 17/49 | €33,113 | €24,083 | -€9,030 | -27.3% |
| Amounts payable after more than one year | 17 | €16,000 | €19,000 | +€3,000 | +18.8% |
| Financial debts | 170/4 | €16,000 | €19,000 | +€3,000 | +18.8% |
| Amounts payable within one year | 42/48 | €17,113 | €5,083 | -€12,030 | -70.3% |
| Trade debts | 44 | €2,736 | €253 | -€2,483 | -90.7% |
| Suppliers | 440/4 | €2,736 | €253 | -€2,483 | -90.7% |
| Taxes, remuneration and social security | 45 | €14,005 | €4,511 | -€9,494 | -67.8% |
| Taxes | 450/3 | €14,005 | €4,511 | -€9,494 | -67.8% |
| Other amounts payable | 47/48 | €372 | €318 | -€54 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,332 | €3,940 | -€393 | -9.1% |
| Other operating charges | 640/8 | €799 | €742 | -€57 | -7.2% |
| Gross operating margin | 9900 | €44,416 | €19,183 | -€25,233 | -56.8% |
| Operating profit (loss) | 9901 | €39,284 | €14,501 | -€24,783 | -63.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €61 | €75 | +€14 | +22.1% |
| Recurring financial charges | 65 | €61 | €75 | +€14 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €39,226 | €14,426 | -€24,800 | -63.2% |
| Income taxes | 67/77 | €12,110 | €4,005 | -€8,105 | -66.9% |
| Profit (loss) for the period | 9904 | €27,117 | €10,421 | -€16,695 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,117 | €10,421 | -€16,695 | -61.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.