MIK DEMOLITION: 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 DEMOLITION
Largest movements
- Receivables within one year +€177,305
up €177,305 (+132%), from €133,881 to €311,186
of which Other amounts receivable: +€94,014
- Tangible fixed assets -€174,699
down €174,699 (-41.4%), from €422,280 to €247,582
of which Furniture and vehicles: -€104,113
- Debts after one year -€107,522
down €107,522 (-73.0%), from €147,343 to €39,820
- Trade debts +€56,017
up €56,017 (+35.1%), from €159,674 to €215,692
- Tax, wage and social debts +€34,297
up €34,297 (+138%), from €24,936 to €59,233
of which Taxes: +€45,297
- Profit (loss) carried forward +€23,361
up €23,361 (+12.4%), from €188,116 to €211,477
- Current portion of long-term debt -€16,277
down €16,277 (-16.5%), from €98,540 to €82,264
- Turnover -€933,310
down €933,310 (-35.0%), from €2.7m to €1.7m
- Gross operating margin -€576,168
down €576,168 (-32.4%), from €1.8m to €1.2m
- Staff costs -€460,720
down €460,720 (-32.0%), from €1.4m to €978,985
- Purchases and services -€357,141
down €357,141 (-40.1%), from €890,123 to €532,982
- Depreciation -€85,762
down €85,762 (-37.9%), from €226,529 to €140,767
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.
Derived cash bridge
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 | €659,978 | €664,806 | +€4,827 | +0.7% |
| Fixed assets | 21/28 | €422,653 | €250,254 | -€172,399 | -40.8% |
| Tangible fixed assets | 22/27 | €422,280 | €247,582 | -€174,699 | -41.4% |
| Plant, machinery and equipment | 23 | €118,880 | €99,821 | -€19,059 | -16.0% |
| Furniture and vehicles | 24 | €196,012 | €91,899 | -€104,113 | -53.1% |
| Leasing and similar rights | 25 | €107,389 | €55,862 | -€51,526 | -48.0% |
| Financial fixed assets | 28 | €372 | €2,672 | +€2,300 | +618% |
| Current assets | 29/58 | €237,326 | €414,552 | +€177,226 | +74.7% |
| Amounts receivable within one year | 40/41 | €133,881 | €311,186 | +€177,305 | +132% |
| Trade receivables | 40 | €59,223 | €142,514 | +€83,291 | +141% |
| Other amounts receivable | 41 | €74,658 | €168,672 | +€94,014 | +126% |
| Cash at bank and in hand | 54/58 | €103,445 | €103,366 | -€79 | -0.1% |
| Total equity and liabilities | 10/49 | €659,978 | €664,806 | +€4,827 | +0.7% |
| Equity | 10/15 | €210,436 | €233,797 | +€23,361 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,720 | €3,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,116 | €211,477 | +€23,361 | +12.4% |
| Amounts payable | 17/49 | €449,542 | €431,009 | -€18,534 | -4.1% |
| Amounts payable after more than one year | 17 | €147,343 | €39,820 | -€107,522 | -73.0% |
| Financial debts | 170/4 | €147,343 | €39,820 | -€107,522 | -73.0% |
| Amounts payable within one year | 42/48 | €302,200 | €391,188 | +€88,989 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €98,540 | €82,264 | -€16,277 | -16.5% |
| Trade debts | 44 | €159,674 | €215,692 | +€56,017 | +35.1% |
| Suppliers | 440/4 | €159,674 | €215,692 | +€56,017 | +35.1% |
| Taxes, remuneration and social security | 45 | €24,936 | €59,233 | +€34,297 | +138% |
| Taxes | 450/3 | - | €45,297 | +€45,297 | |
| Remuneration and social security | 454/9 | €24,936 | €13,936 | -€11,000 | -44.1% |
| Other amounts payable | 47/48 | €19,049 | €34,000 | +€14,951 | +78.5% |
| Turnover | 70 | €2,665,770 | €1,732,461 | -€933,310 | -35.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €890,123 | €532,982 | -€357,141 | -40.1% |
| Remuneration, social security and pensions | 62 | €1,439,705 | €978,985 | -€460,720 | -32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226,529 | €140,767 | -€85,762 | -37.9% |
| Other operating charges | 640/8 | €33,479 | €21,381 | -€12,098 | -36.1% |
| Gross operating margin | 9900 | €1,775,647 | €1,199,479 | -€576,168 | -32.4% |
| Operating profit (loss) | 9901 | €75,933 | €58,346 | -€17,588 | -23.2% |
| Financial income | 75/76B | €18,149 | €27,346 | +€9,197 | +50.7% |
| Recurring financial income | 75 | €4,468 | €11,428 | +€6,960 | +156% |
| Non-recurring financial income | 76B | €13,681 | €15,917 | +€2,236 | +16.3% |
| Financial charges | 65/66B | €71,941 | €20,282 | -€51,659 | -71.8% |
| Recurring financial charges | 65 | €31,295 | €17,282 | -€14,013 | -44.8% |
| Non-recurring financial charges | 66B | €40,646 | €3,000 | -€37,646 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €22,142 | €65,410 | +€43,268 | +195% |
| Income taxes | 67/77 | €61,309 | €42,049 | -€19,260 | -31.4% |
| Profit (loss) for the period | 9904 | -€39,168 | €23,361 | +€62,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,168 | €23,361 | +€62,528 |
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 27 October 2026 via checked.be.