MIKAN CONSULTING: what changed
MIKAN CONSULTING
Largest movements
- Cash +€74,212
up €74,212 (+194%), from €38,307 to €112,519
mainly Receivables within one year (+€55,136) and Net result for the year (+€19,015)
- Receivables within one year -€55,136
down €55,136 (-50.2%), from €109,924 to €54,788
of which Trade receivables: -€60,531
- Deferred charges and accrued income -€2,537
down €2,537 (-22.9%), from €11,053 to €8,516
- Tangible fixed assets -€2,053
down €2,053 (-52.0%), from €3,952 to €1,898
of which Plant, machinery and equipment: -€2,053
- Reserves +€19,000
up €19,000 (+13.8%), from €137,700 to €156,700
- Tax, wage and social debts -€3,138
down €3,138 (-35.7%), from €8,786 to €5,648
- Gross operating margin -€30,738
down €30,738 (-45.1%), from €68,111 to €37,373
- Taxes -€7,152
down €7,152 (-44.3%), from €16,156 to €9,004
- Financial charges -€4,015
down €4,015 (-47.5%), from €8,459 to €4,443
of which Non-recurring financial charges: -€3,890
- Depreciation -€1,569
down €1,569 (-43.3%), from €3,622 to €2,053
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,235 | €177,722 | +€14,486 | +8.9% |
| Fixed assets | 21/28 | €3,952 | €1,898 | -€2,053 | -52.0% |
| Tangible fixed assets | 22/27 | €3,952 | €1,898 | -€2,053 | -52.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €3,952 | €1,898 | -€2,053 | -52.0% |
| Current assets | 29/58 | €159,284 | €175,823 | +€16,539 | +10.4% |
| Amounts receivable within one year | 40/41 | €109,924 | €54,788 | -€55,136 | -50.2% |
| Trade receivables | 40 | €102,354 | €41,823 | -€60,531 | -59.1% |
| Other amounts receivable | 41 | €7,570 | €12,965 | +€5,395 | +71.3% |
| Cash at bank and in hand | 54/58 | €38,307 | €112,519 | +€74,212 | +194% |
| Deferred charges and accrued income | 490/1 | €11,053 | €8,516 | -€2,537 | -22.9% |
| Total equity and liabilities | 10/49 | €163,235 | €177,722 | +€14,486 | +8.9% |
| Equity | 10/15 | €148,049 | €167,064 | +€19,015 | +12.8% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Reserves | 13 | €137,700 | €156,700 | +€19,000 | +13.8% |
| Distributable reserves | 133 | €137,700 | €156,700 | +€19,000 | +13.8% |
| Profit (loss) carried forward | 14 | €3,549 | €3,564 | +€15 | +0.4% |
| Amounts payable | 17/49 | €15,186 | €10,658 | -€4,528 | -29.8% |
| Amounts payable within one year | 42/48 | €15,186 | €10,658 | -€4,528 | -29.8% |
| Trade debts | 44 | €5,955 | €4,600 | -€1,355 | -22.8% |
| Suppliers | 440/4 | €5,955 | €4,600 | -€1,355 | -22.8% |
| Taxes, remuneration and social security | 45 | €8,786 | €5,648 | -€3,138 | -35.7% |
| Taxes | 450/3 | €8,786 | €5,648 | -€3,138 | -35.7% |
| Other amounts payable | 47/48 | €445 | €410 | -€35 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,622 | €2,053 | -€1,569 | -43.3% |
| Other operating charges | 640/8 | €2,798 | €2,880 | +€82 | +2.9% |
| Gross operating margin | 9900 | €68,111 | €37,373 | -€30,738 | -45.1% |
| Operating profit (loss) | 9901 | €61,690 | €32,440 | -€29,250 | -47.4% |
| Financial income | 75/76B | €0 | €22 | +€22 | +19,645% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +19,645% |
| Financial charges | 65/66B | €8,459 | €4,443 | -€4,015 | -47.5% |
| Recurring financial charges | 65 | €4,568 | €4,443 | -€125 | -2.7% |
| Non-recurring financial charges | 66B | €3,890 | - | -€3,890 | |
| Profit (loss) for the period before taxes | 9903 | €53,232 | €28,018 | -€25,213 | -47.4% |
| Income taxes | 67/77 | €16,156 | €9,004 | -€7,152 | -44.3% |
| Profit (loss) for the period | 9904 | €37,076 | €19,015 | -€18,061 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,076 | €19,015 | -€18,061 | -48.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.