Mikalogy: 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.
Mikalogy
Largest movements
- Receivables after one year +€80,000
new in 2025: €80,000
- Receivables within one year -€67,941
down €67,941 (-94.9%), from €71,622 to €3,682
of which Other amounts receivable: -€48,910
- Cash +€6,092
up €6,092 (+50.8%), from €12,003 to €18,095
mainly Receivables within one year (+€67,941) and Net result for the year (+€28,002)
- Tangible fixed assets -€3,309
down €3,309 (-99.9%), from €3,312 to €4
of which Furniture and vehicles: -€2,975
- Profit (loss) carried forward +€28,002
up €28,002 (+48.4%), from €57,901 to €85,903
- Tax, wage and social debts -€10,637
down €10,637 (-68.3%), from €15,566 to €4,929
- Trade debts -€4,766
down €4,766 (-38.2%), from €12,471 to €7,705
- Other debts +€2,244
new in 2025: €2,244
- Gross operating margin -€14,496
down €14,496 (-27.5%), from €52,664 to €38,167
- Depreciation -€2,182
down €2,182 (-39.7%), from €5,491 to €3,309
- Financial income +€1,949
up €1,949 (+132%), from €1,482 to €3,432
- Taxes -€1,630
down €1,630 (-16.3%), from €9,992 to €8,362
- Other operating charges +€987
up €987 (+221%), from €446 to €1,433
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 | €86,937 | €101,780 | +€14,843 | +17.1% |
| Fixed assets | 21/28 | €3,312 | €4 | -€3,309 | -99.9% |
| Tangible fixed assets | 22/27 | €3,312 | €4 | -€3,309 | -99.9% |
| Plant, machinery and equipment | 23 | €337 | €4 | -€333 | -98.9% |
| Furniture and vehicles | 24 | €2,975 | €0 | -€2,975 | -100% |
| Current assets | 29/58 | €83,625 | €101,777 | +€18,152 | +21.7% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €71,622 | €3,682 | -€67,941 | -94.9% |
| Trade receivables | 40 | €22,687 | €3,657 | -€19,031 | -83.9% |
| Other amounts receivable | 41 | €48,935 | €25 | -€48,910 | -99.9% |
| Cash at bank and in hand | 54/58 | €12,003 | €18,095 | +€6,092 | +50.8% |
| Total equity and liabilities | 10/49 | €86,937 | €101,780 | +€14,843 | +17.1% |
| Equity | 10/15 | €58,901 | €86,903 | +€28,002 | +47.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,901 | €85,903 | +€28,002 | +48.4% |
| Amounts payable | 17/49 | €28,036 | €14,877 | -€13,159 | -46.9% |
| Amounts payable within one year | 42/48 | €28,036 | €14,877 | -€13,159 | -46.9% |
| Trade debts | 44 | €12,471 | €7,705 | -€4,766 | -38.2% |
| Suppliers | 440/4 | €12,471 | €7,705 | -€4,766 | -38.2% |
| Taxes, remuneration and social security | 45 | €15,566 | €4,929 | -€10,637 | -68.3% |
| Taxes | 450/3 | €15,566 | €4,929 | -€10,637 | -68.3% |
| Other amounts payable | 47/48 | - | €2,244 | +€2,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,491 | €3,309 | -€2,182 | -39.7% |
| Other operating charges | 640/8 | €446 | €1,433 | +€987 | +221% |
| Gross operating margin | 9900 | €52,664 | €38,167 | -€14,496 | -27.5% |
| Operating profit (loss) | 9901 | €46,727 | €33,425 | -€13,301 | -28.5% |
| Financial income | 75/76B | €1,482 | €3,432 | +€1,949 | +132% |
| Recurring financial income | 75 | €1,482 | €3,432 | +€1,949 | +132% |
| Financial charges | 65/66B | €148 | €493 | +€345 | +234% |
| Recurring financial charges | 65 | €148 | €493 | +€345 | +234% |
| Profit (loss) for the period before taxes | 9903 | €48,061 | €36,364 | -€11,697 | -24.3% |
| Income taxes | 67/77 | €9,992 | €8,362 | -€1,630 | -16.3% |
| Profit (loss) for the period | 9904 | €38,069 | €28,002 | -€10,067 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,069 | €28,002 | -€10,067 | -26.4% |
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 20 October 2026 via checked.be.