MIKA: 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.
MIKA
Largest movements
- Current investments +€130,117
up €130,117 (+28.7%), from €452,958 to €583,075
- Cash +€23,189
up €23,189 (+16.3%), from €142,424 to €165,612
mainly Net result for the year (+€138,503) and Receivables within one year (+€16,414)
- Receivables within one year -€16,414
down €16,414 (-98.4%), from €16,687 to €273
of which Trade receivables: -€16,518
- Tangible fixed assets -€13,868
down €13,868 (-86.0%), from €16,135 to €2,266
of which Furniture and vehicles: -€13,840
- Reserves +€119,559
up €119,559 (+19.8%), from €604,058 to €723,617
of which Distributable reserves: +€138,503
- Financial income +€132,574
up €132,574 (+54,526%), from €243 to €132,817
of which Non-recurring financial income: +€132,479
- Gross operating margin -€27,253
down €27,253 (-37.6%), from €72,442 to €45,189
- Taxes +€13,829
up €13,829 (+80.4%), from €17,200 to €31,030
- Depreciation -€7,776
down €7,776 (-84.7%), from €9,185 to €1,409
- Other operating charges -€4,675
down €4,675 (-40.0%), from €11,688 to €7,013
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 | €628,203 | €751,226 | +€123,023 | +19.6% |
| Fixed assets | 21/28 | €16,135 | €2,266 | -€13,868 | -86.0% |
| Tangible fixed assets | 22/27 | €16,135 | €2,266 | -€13,868 | -86.0% |
| Plant, machinery and equipment | 23 | €29 | €0 | -€29 | -100% |
| Furniture and vehicles | 24 | €16,106 | €2,266 | -€13,840 | -85.9% |
| Current assets | 29/58 | €612,069 | €748,960 | +€136,891 | +22.4% |
| Amounts receivable within one year | 40/41 | €16,687 | €273 | -€16,414 | -98.4% |
| Trade receivables | 40 | €16,518 | - | -€16,518 | |
| Other amounts receivable | 41 | €169 | €273 | +€104 | +61.7% |
| Current investments | 50/53 | €452,958 | €583,075 | +€130,117 | +28.7% |
| Cash at bank and in hand | 54/58 | €142,424 | €165,612 | +€23,189 | +16.3% |
| Total equity and liabilities | 10/49 | €628,203 | €751,226 | +€123,023 | +19.6% |
| Equity | 10/15 | €610,255 | €729,814 | +€119,559 | +19.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €604,058 | €723,617 | +€119,559 | +19.8% |
| Tax-exempt reserves | 132 | €18,944 | - | -€18,944 | |
| Distributable reserves | 133 | €585,114 | €723,617 | +€138,503 | +23.7% |
| Amounts payable | 17/49 | €17,948 | €21,412 | +€3,464 | +19.3% |
| Amounts payable within one year | 42/48 | €17,948 | €21,412 | +€3,464 | +19.3% |
| Trade debts | 44 | €3,531 | €1,587 | -€1,943 | -55.0% |
| Suppliers | 440/4 | €3,531 | €1,587 | -€1,943 | -55.0% |
| Taxes, remuneration and social security | 45 | €10,971 | €17,234 | +€6,263 | +57.1% |
| Taxes | 450/3 | €10,971 | €17,234 | +€6,263 | +57.1% |
| Other amounts payable | 47/48 | €3,447 | €2,591 | -€856 | -24.8% |
| Non-recurring operating income | 76A | - | €16,582 | +€16,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,185 | €1,409 | -€7,776 | -84.7% |
| Other operating charges | 640/8 | €11,688 | €7,013 | -€4,675 | -40.0% |
| Gross operating margin | 9900 | €72,442 | €45,189 | -€27,253 | -37.6% |
| Operating profit (loss) | 9901 | €51,568 | €36,767 | -€14,802 | -28.7% |
| Financial income | 75/76B | €243 | €132,817 | +€132,574 | +54,526% |
| Recurring financial income | 75 | €243 | €338 | +€95 | +39.0% |
| Non-recurring financial income | 76B | - | €132,479 | +€132,479 | |
| Financial charges | 65/66B | €344 | €51 | -€293 | -85.2% |
| Recurring financial charges | 65 | €344 | €51 | -€293 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €51,468 | €169,532 | +€118,064 | +229% |
| Income taxes | 67/77 | €17,200 | €31,030 | +€13,829 | +80.4% |
| Profit (loss) for the period | 9904 | €34,267 | €138,503 | +€104,235 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €34,267 | €138,503 | +€104,235 | +304% |
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.