MIKA & ART: 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 & ART
Largest movements
- Receivables within one year +€75,032
up €75,032 (+13.6%), from €550,950 to €625,983
of which Trade receivables: +€77,781
- Tangible fixed assets -€21,110
down €21,110 (-44.4%), from €47,593 to €26,483
of which Leasing and similar rights: -€20,189
- Trade debts +€74,210
up €74,210 (+18.7%), from €396,890 to €471,100
of which Suppliers: +€64,220
- Debts after one year -€13,611
down €13,611 (-84.1%), from €16,179 to €2,568
- Short-term financial debts -€9,211
down €9,211 (-45.7%), from €20,163 to €10,953
- Current portion of long-term debt -€8,082
down €8,082 (-37.3%), from €21,693 to €13,611
- Purchases and services -€372,510
down €372,510 (-20.4%), from €1.8m to €1.5m
- Turnover -€339,630
down €339,630 (-17.8%), from €1.9m to €1.6m
- Gross operating margin +€27,258
up €27,258 (+26.5%), from €102,956 to €130,214
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 | €635,149 | €682,280 | +€47,131 | +7.4% |
| Fixed assets | 21/28 | €75,593 | €54,483 | -€21,110 | -27.9% |
| Tangible fixed assets | 22/27 | €47,593 | €26,483 | -€21,110 | -44.4% |
| Furniture and vehicles | 24 | €4,638 | €3,718 | -€921 | -19.9% |
| Leasing and similar rights | 25 | €42,954 | €22,765 | -€20,189 | -47.0% |
| Financial fixed assets | 28 | €28,000 | €28,000 | = | 0.0% |
| Current assets | 29/58 | €559,556 | €627,797 | +€68,241 | +12.2% |
| Amounts receivable within one year | 40/41 | €550,950 | €625,983 | +€75,032 | +13.6% |
| Trade receivables | 40 | €315,340 | €393,121 | +€77,781 | +24.7% |
| Other amounts receivable | 41 | €235,610 | €232,862 | -€2,748 | -1.2% |
| Cash at bank and in hand | 54/58 | €8,606 | €1,814 | -€6,791 | -78.9% |
| Total equity and liabilities | 10/49 | €635,149 | €682,280 | +€47,131 | +7.4% |
| Equity | 10/15 | €169,560 | €172,506 | +€2,946 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,060 | €79,060 | = | 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% |
| Distributable reserves | 133 | €77,200 | €77,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,900 | €74,846 | +€2,946 | +4.1% |
| Provisions and deferred taxes | 16 | €7,300 | €7,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,300 | €7,300 | = | 0.0% |
| Other liabilities and charges | 164/5 | €7,300 | €7,300 | = | 0.0% |
| Amounts payable | 17/49 | €458,288 | €502,473 | +€44,185 | +9.6% |
| Amounts payable after more than one year | 17 | €16,179 | €2,568 | -€13,611 | -84.1% |
| Financial debts | 170/4 | €16,179 | €2,568 | -€13,611 | -84.1% |
| Amounts payable within one year | 42/48 | €442,109 | €499,905 | +€57,796 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €21,693 | €13,611 | -€8,082 | -37.3% |
| Financial debts | 43 | €20,163 | €10,953 | -€9,211 | -45.7% |
| Credit institutions | 430/8 | €20,163 | €10,953 | -€9,211 | -45.7% |
| Trade debts | 44 | €396,890 | €471,100 | +€74,210 | +18.7% |
| Suppliers | 440/4 | €387,485 | €451,705 | +€64,220 | +16.6% |
| Bills of exchange payable | 441 | €9,405 | €19,395 | +€9,990 | +106% |
| Taxes, remuneration and social security | 45 | €3,363 | €4,241 | +€878 | +26.1% |
| Taxes | 450/3 | - | €2,465 | +€2,465 | |
| Remuneration and social security | 454/9 | €3,363 | €1,777 | -€1,586 | -47.2% |
| Turnover | 70 | €1,910,106 | €1,570,476 | -€339,630 | -17.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,824,492 | €1,451,982 | -€372,510 | -20.4% |
| Remuneration, social security and pensions | 62 | €44,892 | €47,060 | +€2,168 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,914 | €23,208 | +€294 | +1.3% |
| Other operating charges | 640/8 | €10,103 | €2,952 | -€7,151 | -70.8% |
| Non-recurring operating charges | 66A | - | €61,688 | +€61,688 | |
| Gross operating margin | 9900 | €102,956 | €130,214 | +€27,258 | +26.5% |
| Operating profit (loss) | 9901 | €25,047 | -€4,693 | -€29,741 | |
| Financial income | 75/76B | €474 | €0 | -€473 | -100.0% |
| Recurring financial income | 75 | €474 | €0 | -€473 | -100.0% |
| Financial charges | 65/66B | €4,930 | - | -€4,930 | |
| Recurring financial charges | 65 | €4,930 | - | -€4,930 | |
| Profit (loss) for the period before taxes | 9903 | €20,591 | -€4,693 | -€25,284 | |
| Income taxes | 67/77 | €3,383 | -€7,639 | -€11,022 | |
| Profit (loss) for the period | 9904 | €17,208 | €2,946 | -€14,262 | -82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,208 | €2,946 | -€14,262 | -82.9% |
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 1 November 2026 via checked.be.