MIKABAXA: 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.
MIKABAXA
Largest movements
- Receivables within one year -€32,759
down €32,759 (-67.8%), from €48,343 to €15,584
of which Trade receivables: -€32,925
- Stocks and contracts +€8,010
up €8,010 (+210%), from €3,821 to €11,832
- Cash +€6,571
up €6,571 (+43.3%), from €15,168 to €21,739
mainly Receivables within one year (+€32,759) and Net result for the year (+€10,319)
- Tangible fixed assets +€1,098
up €1,098 (+31.2%), from €3,522 to €4,620
of which Furniture and vehicles: +€1,803
- Trade debts -€32,735
down €32,735 (-82.8%), from €39,549 to €6,814
- Reserves +€10,826
up €10,826 (+95.6%), from €11,329 to €22,156
- Tax, wage and social debts +€9,936
up €9,936 (+143%), from €6,970 to €16,906
of which Taxes: +€5,783
- Other debts -€4,564
down €4,564 (-44.4%), from €10,279 to €5,715
- Gross operating margin +€12,044
up €12,044 (+154%), from €7,804 to €19,848
- Taxes +€2,449
up €2,449 (+220%), from €1,114 to €3,563
- Other operating charges +€814
up €814 (+690%), from €118 to €932
- Financial charges +€576
up €576 (+17.0%), from €3,385 to €3,961
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 | €71,635 | €54,590 | -€17,044 | -23.8% |
| Fixed assets | 21/28 | €3,647 | €4,745 | +€1,098 | +30.1% |
| Tangible fixed assets | 22/27 | €3,522 | €4,620 | +€1,098 | +31.2% |
| Plant, machinery and equipment | 23 | €2,697 | €1,992 | -€705 | -26.2% |
| Furniture and vehicles | 24 | €825 | €2,628 | +€1,803 | +219% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €67,988 | €49,845 | -€18,143 | -26.7% |
| Stocks and contracts in progress | 3 | €3,821 | €11,832 | +€8,010 | +210% |
| Stocks | 30/36 | €3,821 | €11,832 | +€8,010 | +210% |
| Amounts receivable within one year | 40/41 | €48,343 | €15,584 | -€32,759 | -67.8% |
| Trade receivables | 40 | €47,894 | €14,969 | -€32,925 | -68.7% |
| Other amounts receivable | 41 | €449 | €615 | +€166 | +37.1% |
| Cash at bank and in hand | 54/58 | €15,168 | €21,739 | +€6,571 | +43.3% |
| Deferred charges and accrued income | 490/1 | €656 | €691 | +€35 | +5.4% |
| Total equity and liabilities | 10/49 | €71,635 | €54,590 | -€17,044 | -23.8% |
| Equity | 10/15 | €14,837 | €25,156 | +€10,319 | +69.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,329 | €22,156 | +€10,826 | +95.6% |
| Distributable reserves | 133 | €11,329 | €22,156 | +€10,826 | +95.6% |
| Profit (loss) carried forward | 14 | €508 | - | -€508 | |
| Amounts payable | 17/49 | €56,798 | €29,435 | -€27,363 | -48.2% |
| Amounts payable within one year | 42/48 | €56,798 | €29,435 | -€27,363 | -48.2% |
| Trade debts | 44 | €39,549 | €6,814 | -€32,735 | -82.8% |
| Suppliers | 440/4 | €39,549 | €6,814 | -€32,735 | -82.8% |
| Taxes, remuneration and social security | 45 | €6,970 | €16,906 | +€9,936 | +143% |
| Taxes | 450/3 | €6,970 | €12,753 | +€5,783 | +83.0% |
| Remuneration and social security | 454/9 | - | €4,153 | +€4,153 | |
| Other amounts payable | 47/48 | €10,279 | €5,715 | -€4,564 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €961 | €1,074 | +€113 | +11.8% |
| Other operating charges | 640/8 | €118 | €932 | +€814 | +690% |
| Gross operating margin | 9900 | €7,804 | €19,848 | +€12,044 | +154% |
| Operating profit (loss) | 9901 | €6,725 | €17,843 | +€11,118 | +165% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,385 | €3,961 | +€576 | +17.0% |
| Recurring financial charges | 65 | €3,385 | €3,961 | +€576 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €3,340 | €13,882 | +€10,542 | +316% |
| Income taxes | 67/77 | €1,114 | €3,563 | +€2,449 | +220% |
| Profit (loss) for the period | 9904 | €2,226 | €10,319 | +€8,093 | +364% |
| Profit (loss) for the period to be appropriated | 9905 | €2,226 | €10,319 | +€8,093 | +364% |
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 23 October 2026 via checked.be.