Mikavér: 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.
Mikavér
Largest movements
- Cash +€59,041
up €59,041 (+79.4%), from €74,334 to €133,375
mainly Other debts (+€33,901) and Receivables within one year (+€19,256)
- Other debts +€33,901
up €33,901 (+3.3%), from €1.0m to €1.0m
- Gross operating margin +€12,678
up €12,678 (+122%), from €10,431 to €23,110
- Financial income -€2,602
down €2,602 (-100%), from €2,602 to €0
- Financial charges +€482
up €482 (+1,343%), from €36 to €518
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 | €2,072,997 | €2,106,827 | +€33,830 | +1.6% |
| Fixed assets | 21/28 | €1,941,416 | €1,935,421 | -€5,995 | -0.3% |
| Intangible fixed assets | 21 | €2,341 | €3,440 | +€1,099 | +47.0% |
| Tangible fixed assets | 22/27 | €54,735 | €47,641 | -€7,094 | -13.0% |
| Furniture and vehicles | 24 | €507 | €1,261 | +€754 | +149% |
| Other tangible fixed assets | 26 | €54,227 | €46,379 | -€7,848 | -14.5% |
| Financial fixed assets | 28 | €1,884,341 | €1,884,341 | = | 0.0% |
| Current assets | 29/58 | €131,580 | €171,406 | +€39,825 | +30.3% |
| Amounts receivable within one year | 40/41 | €55,506 | €36,250 | -€19,256 | -34.7% |
| Trade receivables | 40 | €51,102 | €34,515 | -€16,587 | -32.5% |
| Other amounts receivable | 41 | €4,404 | €1,735 | -€2,669 | -60.6% |
| Cash at bank and in hand | 54/58 | €74,334 | €133,375 | +€59,041 | +79.4% |
| Deferred charges and accrued income | 490/1 | €1,740 | €1,780 | +€40 | +2.3% |
| Total equity and liabilities | 10/49 | €2,072,997 | €2,106,827 | +€33,830 | +1.6% |
| Equity | 10/15 | €1,030,046 | €1,040,245 | +€10,199 | +1.0% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €782,152 | €792,352 | +€10,199 | +1.3% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €757,363 | €767,562 | +€10,199 | +1.3% |
| Amounts payable | 17/49 | €1,042,951 | €1,066,582 | +€23,631 | +2.3% |
| Amounts payable within one year | 42/48 | €1,042,951 | €1,066,582 | +€23,631 | +2.3% |
| Trade debts | 44 | €3,250 | €4,861 | +€1,611 | +49.6% |
| Suppliers | 440/4 | €3,250 | €4,861 | +€1,611 | +49.6% |
| Advances received on contracts in progress | 46 | €23,910 | €12,028 | -€11,881 | -49.7% |
| Other amounts payable | 47/48 | €1,015,791 | €1,049,692 | +€33,901 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,033 | €11,256 | +€223 | +2.0% |
| Other operating charges | 640/8 | €1,086 | €1,136 | +€50 | +4.6% |
| Gross operating margin | 9900 | €10,431 | €23,110 | +€12,678 | +122% |
| Operating profit (loss) | 9901 | -€1,687 | €10,718 | +€12,404 | |
| Financial income | 75/76B | €2,602 | €0 | -€2,602 | -100% |
| Recurring financial income | 75 | €2,602 | €0 | -€2,602 | -100% |
| Financial charges | 65/66B | €36 | €518 | +€482 | +1,343% |
| Recurring financial charges | 65 | €36 | €518 | +€482 | +1,343% |
| Profit (loss) for the period before taxes | 9903 | €880 | €10,199 | +€9,320 | +1,060% |
| Profit (loss) for the period | 9904 | €880 | €10,199 | +€9,320 | +1,060% |
| Profit (loss) for the period to be appropriated | 9905 | €880 | €10,199 | +€9,320 | +1,060% |
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 14 October 2026 via checked.be.