MIK & CO: 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 & CO
Largest movements
- Stocks and contracts -€81,335
down €81,335 (-27.6%), from €294,168 to €212,833
of which Contracts in progress: -€54,293
- Cash +€57,922
up €57,922 (+283.1%), from €20,460 to €78,382
mainly Stocks and contracts (+€81,335) and Current portion of long-term debt (+€16,985)
- Receivables within one year +€33,629
up €33,629 (+23.7%), from €142,049 to €175,677
of which Trade receivables: +€33,629
- Tangible fixed assets +€4,974
up €4,974 (+82.5%), from €6,025 to €10,999
of which Plant, machinery and equipment: +€4,143
- Current portion of long-term debt +€16,985
up €16,985 (+144.2%), from €11,782 to €28,766
- Debts after one year -€14,341
down €14,341 (-5.0%), from €288,452 to €274,111
- Trade debts -€13,451
no longer reported in 2025 (was €13,451)
- Other debts +€12,502
up €12,502 (+27.9%), from €44,774 to €57,276
- Profit (loss) carried forward +€9,895
up €9,895 (+15.3%), from €64,478 to €74,373
- Financial charges +€16,021
up €16,021 (+131.5%), from €12,181 to €28,202
- Gross operating margin +€14,490
up €14,490 (+45.2%), from €32,084 to €46,574
- Taxes -€3,990
down €3,990 (-51.3%), from €7,774 to €3,783
- Depreciation +€3,813
up €3,813 (+419.6%), from €909 to €4,721
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 | €463,622 | €477,892 | +€14,270 | +3.1% |
| Fixed assets | 21/28 | €6,025 | €10,999 | +€4,974 | +82.5% |
| Tangible fixed assets | 22/27 | €6,025 | €10,999 | +€4,974 | +82.5% |
| Plant, machinery and equipment | 23 | €3,421 | €7,563 | +€4,143 | +121.1% |
| Furniture and vehicles | 24 | €2,604 | €3,436 | +€831 | +31.9% |
| Current assets | 29/58 | €457,597 | €466,893 | +€9,296 | +2.0% |
| Stocks and contracts in progress | 3 | €294,168 | €212,833 | -€81,335 | -27.6% |
| Stocks | 30/36 | €179,876 | €152,833 | -€27,043 | -15.0% |
| Contracts in progress | 37 | €114,293 | €60,000 | -€54,293 | -47.5% |
| Amounts receivable within one year | 40/41 | €142,049 | €175,677 | +€33,629 | +23.7% |
| Trade receivables | 40 | €141,840 | €175,468 | +€33,629 | +23.7% |
| Other amounts receivable | 41 | €209 | €209 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,460 | €78,382 | +€57,922 | +283.1% |
| Deferred charges and accrued income | 490/1 | €920 | - | -€920 | |
| Total equity and liabilities | 10/49 | €463,622 | €477,892 | +€14,270 | +3.1% |
| Equity | 10/15 | €84,938 | €94,833 | +€9,895 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,478 | €74,373 | +€9,895 | +15.3% |
| Amounts payable | 17/49 | €378,684 | €383,059 | +€4,375 | +1.2% |
| Amounts payable after more than one year | 17 | €288,452 | €274,111 | -€14,341 | -5.0% |
| Financial debts | 170/4 | €288,452 | €274,111 | -€14,341 | -5.0% |
| Amounts payable within one year | 42/48 | €90,232 | €108,948 | +€18,715 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €11,782 | €28,766 | +€16,985 | +144.2% |
| Trade debts | 44 | €13,451 | - | -€13,451 | |
| Suppliers | 440/4 | €13,451 | - | -€13,451 | |
| Taxes, remuneration and social security | 45 | €20,226 | €22,905 | +€2,680 | +13.2% |
| Taxes | 450/3 | €14,709 | €22,905 | +€8,197 | +55.7% |
| Remuneration and social security | 454/9 | €5,517 | - | -€5,517 | |
| Other amounts payable | 47/48 | €44,774 | €57,276 | +€12,502 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €909 | €4,721 | +€3,813 | +419.6% |
| Other operating charges | 640/8 | €296 | - | -€296 | |
| Gross operating margin | 9900 | €32,084 | €46,574 | +€14,490 | +45.2% |
| Operating profit (loss) | 9901 | €30,879 | €41,852 | +€10,973 | +35.5% |
| Financial income | 75/76B | €196 | €28 | -€168 | -85.7% |
| Recurring financial income | 75 | €196 | €28 | -€168 | -85.7% |
| Financial charges | 65/66B | €12,181 | €28,202 | +€16,021 | +131.5% |
| Recurring financial charges | 65 | €12,181 | €28,202 | +€16,021 | +131.5% |
| Profit (loss) for the period before taxes | 9903 | €18,894 | €13,678 | -€5,216 | -27.6% |
| Income taxes | 67/77 | €7,774 | €3,783 | -€3,990 | -51.3% |
| Profit (loss) for the period | 9904 | €11,121 | €9,895 | -€1,226 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,121 | €9,895 | -€1,226 | -11.0% |
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 12 October 2026 via checked.be.