MIKA: 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.
MIKA
Largest movements
- Cash -€17,137
down €17,137 (-17.9%), from €95,647 to €78,510
mainly Contributions, distributions and other (-€65,318) and Other debts (-€11,497)
- Reserves -€18,500
down €18,500 (-38.1%), from €48,500 to €30,000
- Trade debts +€16,984
up €16,984 (+1562.4%), from €1,087 to €18,072
- Other debts -€11,497
down €11,497 (-16.3%), from €70,550 to €59,053
- Tax, wage and social debts -€3,902
down €3,902 (-12.0%), from €32,440 to €28,538
of which Remuneration and social security: -€3,452
- Financial charges +€49,085
up €49,085 (+32022.8%), from €153 to €49,238
- Taxes -€9,325
down €9,325 (-41.8%), from €22,288 to €12,963
- Gross operating margin +€3,521
up €3,521 (+3.3%), from €105,435 to €108,957
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 | €154,039 | €136,662 | -€17,377 | -11.3% |
| Fixed assets | 21/28 | €105 | €105 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €153,934 | €136,557 | -€17,377 | -11.3% |
| Amounts receivable within one year | 40/41 | €58,075 | €57,694 | -€381 | -0.7% |
| Trade receivables | 40 | €31,712 | €57,694 | +€25,982 | +81.9% |
| Other amounts receivable | 41 | €26,363 | - | -€26,363 | |
| Cash at bank and in hand | 54/58 | €95,647 | €78,510 | -€17,137 | -17.9% |
| Deferred charges and accrued income | 490/1 | €212 | €353 | +€141 | +66.6% |
| Total equity and liabilities | 10/49 | €154,039 | €136,662 | -€17,377 | -11.3% |
| Equity | 10/15 | €49,962 | €31,000 | -€18,962 | -38.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €48,500 | €30,000 | -€18,500 | -38.1% |
| Distributable reserves | 133 | €48,500 | €30,000 | -€18,500 | -38.1% |
| Profit (loss) carried forward | 14 | €462 | - | -€462 | |
| Amounts payable | 17/49 | €104,077 | €105,662 | +€1,585 | +1.5% |
| Amounts payable within one year | 42/48 | €104,077 | €105,662 | +€1,585 | +1.5% |
| Trade debts | 44 | €1,087 | €18,072 | +€16,984 | +1562.4% |
| Suppliers | 440/4 | €1,087 | €18,072 | +€16,984 | +1562.4% |
| Taxes, remuneration and social security | 45 | €32,440 | €28,538 | -€3,902 | -12.0% |
| Taxes | 450/3 | €28,988 | €28,538 | -€450 | -1.6% |
| Remuneration and social security | 454/9 | €3,452 | - | -€3,452 | |
| Other amounts payable | 47/48 | €70,550 | €59,053 | -€11,497 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | - | -€230 | |
| Other operating charges | 640/8 | €673 | €400 | -€273 | -40.6% |
| Gross operating margin | 9900 | €105,435 | €108,957 | +€3,521 | +3.3% |
| Operating profit (loss) | 9901 | €104,533 | €108,557 | +€4,024 | +3.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400.0% |
| Financial charges | 65/66B | €153 | €49,238 | +€49,085 | +32022.8% |
| Recurring financial charges | 65 | €153 | €49,238 | +€49,085 | +32022.8% |
| Profit (loss) for the period before taxes | 9903 | €104,380 | €59,319 | -€45,060 | -43.2% |
| Income taxes | 67/77 | €22,288 | €12,963 | -€9,325 | -41.8% |
| Profit (loss) for the period | 9904 | €82,091 | €46,356 | -€35,735 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,091 | €46,356 | -€35,735 | -43.5% |
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 3 October 2026 via checked.be.