MIKAM: 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.
MIKAM
Largest movements
- Deferred charges and accrued income -€4,044
down €4,044 (-99.6%), from €4,061 to €17
- Receivables within one year -€2,711
down €2,711 (-14.0%), from €19,340 to €16,629
of which Trade receivables: -€1,531
- Cash -€1,432
down €1,432 (-33.4%), from €4,282 to €2,851
mainly Net result for the year (-€13,138)
- Tangible fixed assets -€354
down €354 (-46.2%), from €766 to €412
- Profit (loss) carried forward -€13,138
down €13,138 (-227%), from -€5,782 to -€18,920
- Tax, wage and social debts +€2,952
up €2,952 (+36.7%), from €8,042 to €10,994
- Other debts +€1,203
up €1,203 (+80.2%), from €1,499 to €2,702
- Trade debts +€442
up €442 (+7.3%), from €6,091 to €6,533
- Gross operating margin -€6,917
down €6,917 (-20.2%), from €34,176 to €27,259
- Staff costs +€2,736
up €2,736 (+7.6%), from €35,781 to €38,516
- Other operating charges -€391
down €391 (-34.8%), from €1,122 to €731
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,449 | €19,909 | -€8,540 | -30.0% |
| Fixed assets | 21/28 | €766 | €412 | -€354 | -46.2% |
| Tangible fixed assets | 22/27 | €766 | €412 | -€354 | -46.2% |
| Plant, machinery and equipment | 23 | €766 | €412 | -€354 | -46.2% |
| Current assets | 29/58 | €27,683 | €19,497 | -€8,186 | -29.6% |
| Amounts receivable within one year | 40/41 | €19,340 | €16,629 | -€2,711 | -14.0% |
| Trade receivables | 40 | €16,953 | €15,422 | -€1,531 | -9.0% |
| Other amounts receivable | 41 | €2,387 | €1,207 | -€1,180 | -49.4% |
| Cash at bank and in hand | 54/58 | €4,282 | €2,851 | -€1,432 | -33.4% |
| Deferred charges and accrued income | 490/1 | €4,061 | €17 | -€4,044 | -99.6% |
| Total equity and liabilities | 10/49 | €28,449 | €19,909 | -€8,540 | -30.0% |
| Equity | 10/15 | €12,818 | -€320 | -€13,138 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,782 | -€18,920 | -€13,138 | -227% |
| Amounts payable | 17/49 | €15,632 | €20,229 | +€4,598 | +29.4% |
| Amounts payable within one year | 42/48 | €15,632 | €20,229 | +€4,598 | +29.4% |
| Trade debts | 44 | €6,091 | €6,533 | +€442 | +7.3% |
| Suppliers | 440/4 | €6,091 | €6,533 | +€442 | +7.3% |
| Taxes, remuneration and social security | 45 | €8,042 | €10,994 | +€2,952 | +36.7% |
| Remuneration and social security | 454/9 | €8,042 | €10,994 | +€2,952 | +36.7% |
| Other amounts payable | 47/48 | €1,499 | €2,702 | +€1,203 | +80.2% |
| Remuneration, social security and pensions | 62 | €35,781 | €38,516 | +€2,736 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €296 | €354 | +€58 | +19.7% |
| Other operating charges | 640/8 | €1,122 | €731 | -€391 | -34.8% |
| Gross operating margin | 9900 | €34,176 | €27,259 | -€6,917 | -20.2% |
| Operating profit (loss) | 9901 | -€3,022 | -€12,342 | -€9,320 | -308% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,065 | €796 | -€269 | -25.3% |
| Recurring financial charges | 65 | €1,065 | €796 | -€269 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,087 | -€13,138 | -€9,051 | -221% |
| Profit (loss) for the period | 9904 | -€4,087 | -€13,138 | -€9,051 | -221% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,087 | -€13,138 | -€9,051 | -221% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.