MIKANIK: 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.
MIKANIK
Largest movements
- Receivables within one year -€2,984
down €2,984 (-75.7%), from €3,939 to €955
of which Trade receivables: -€2,647
- Cash +€87
up €87 (+27.1%), from €320 to €406
mainly Receivables within one year (+€2,984) and Net result for the year (+€1,512)
- Other debts -€2,900
down €2,900 (-8.9%), from €32,416 to €29,516
- Profit (loss) carried forward +€1,512
up €1,512 (+2.8%), from -€54,126 to -€52,614
- Advances received -€1,452
down €1,452 (-43.3%), from €3,353 to €1,901
- Trade debts -€57
down €57 (-73.2%), from €77 to €21
- Gross operating margin +€21,635
up €21,635, from -€20,124 to €1,512
- Other operating charges -€374
no longer reported in 2024 (was €374)
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.
Cash bridge derived
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 | €4,258 | €1,361 | -€2,897 | -68.0% |
| Current assets | 29/58 | €4,258 | €1,361 | -€2,897 | -68.0% |
| Amounts receivable within one year | 40/41 | €3,939 | €955 | -€2,984 | -75.7% |
| Trade receivables | 40 | €2,647 | - | -€2,647 | |
| Other amounts receivable | 41 | €1,292 | €955 | -€337 | -26.1% |
| Cash at bank and in hand | 54/58 | €320 | €406 | +€87 | +27.1% |
| Total equity and liabilities | 10/49 | €4,258 | €1,361 | -€2,897 | -68.0% |
| Equity | 10/15 | -€35,526 | -€34,014 | +€1,512 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,126 | -€52,614 | +€1,512 | +2.8% |
| Amounts payable | 17/49 | €39,784 | €35,376 | -€4,409 | -11.1% |
| Amounts payable within one year | 42/48 | €39,784 | €35,376 | -€4,409 | -11.1% |
| Trade debts | 44 | €77 | €21 | -€57 | -73.2% |
| Suppliers | 440/4 | €77 | €21 | -€57 | -73.2% |
| Advances received on contracts in progress | 46 | €3,353 | €1,901 | -€1,452 | -43.3% |
| Taxes, remuneration and social security | 45 | €3,937 | €3,937 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,937 | €3,937 | = | 0.0% |
| Other amounts payable | 47/48 | €32,416 | €29,516 | -€2,900 | -8.9% |
| Other operating charges | 640/8 | €374 | - | -€374 | |
| Gross operating margin | 9900 | -€20,124 | €1,512 | +€21,635 | |
| Operating profit (loss) | 9901 | -€20,498 | €1,512 | +€22,010 | |
| Financial charges | 65/66B | €111 | - | -€111 | |
| Recurring financial charges | 65 | €111 | - | -€111 | |
| Profit (loss) for the period before taxes | 9903 | -€20,609 | €1,512 | +€22,121 | |
| Profit (loss) for the period | 9904 | -€20,609 | €1,512 | +€22,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,609 | €1,512 | +€22,121 |
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 10 October 2026 via checked.be.