MiKaVerde: 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.
MiKaVerde
Largest movements
- Cash +€56,394
up €56,394 (+97.1%), from €58,063 to €114,457
mainly Net result for the year (+€28,654) and Depreciation (+€21,015)
- Tangible fixed assets -€21,015
down €21,015 (-13.8%), from €152,455 to €131,440
- Receivables within one year -€5,430
down €5,430 (-74.3%), from €7,312 to €1,882
of which Trade receivables: -€5,050
- Reserves +€28,654
new in 2025: €28,654
- Taxes +€2,957
up €2,957 (+27.8%), from €10,620 to €13,577
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.
Cash bridge derived
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 | €235,218 | €265,611 | +€30,393 | +12.9% |
| Fixed assets | 21/28 | €152,455 | €131,440 | -€21,015 | -13.8% |
| Tangible fixed assets | 22/27 | €152,455 | €131,440 | -€21,015 | -13.8% |
| Leasing and similar rights | 25 | €152,455 | €131,440 | -€21,015 | -13.8% |
| Current assets | 29/58 | €82,762 | €134,171 | +€51,408 | +62.1% |
| Stocks and contracts in progress | 3 | €16,362 | €16,769 | +€407 | +2.5% |
| Stocks | 30/36 | €16,362 | €16,769 | +€407 | +2.5% |
| Amounts receivable within one year | 40/41 | €7,312 | €1,882 | -€5,430 | -74.3% |
| Trade receivables | 40 | €6,932 | €1,882 | -€5,050 | -72.9% |
| Other amounts receivable | 41 | €380 | - | -€380 | |
| Cash at bank and in hand | 54/58 | €58,063 | €114,457 | +€56,394 | +97.1% |
| Deferred charges and accrued income | 490/1 | €1,025 | €1,063 | +€38 | +3.7% |
| Total equity and liabilities | 10/49 | €235,218 | €265,611 | +€30,393 | +12.9% |
| Equity | 10/15 | €232,139 | €260,792 | +€28,654 | +12.3% |
| Contributions | 10/11 | €63,532 | €63,532 | = | 0.0% |
| Reserves | 13 | - | €28,654 | +€28,654 | |
| Distributable reserves | 133 | - | €28,654 | +€28,654 | |
| Profit (loss) carried forward | 14 | €168,607 | €168,607 | = | 0.0% |
| Amounts payable | 17/49 | €3,079 | €4,819 | +€1,739 | +56.5% |
| Amounts payable within one year | 42/48 | €3,014 | €4,752 | +€1,738 | +57.7% |
| Trade debts | 44 | €1 | €9 | +€8 | +954.0% |
| Suppliers | 440/4 | €1 | €9 | +€8 | +954.0% |
| Taxes, remuneration and social security | 45 | €3,013 | €4,743 | +€1,730 | +57.4% |
| Taxes | 450/3 | €3,013 | €4,743 | +€1,730 | +57.4% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,015 | €21,015 | = | 0.0% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €63,661 | €63,182 | -€479 | -0.8% |
| Operating profit (loss) | 9901 | €42,520 | €42,039 | -€481 | -1.1% |
| Financial income | 75/76B | - | €370 | +€370 | |
| Recurring financial income | 75 | - | €370 | +€370 | |
| Financial charges | 65/66B | €40 | €179 | +€139 | +350.2% |
| Recurring financial charges | 65 | €40 | €179 | +€139 | +350.2% |
| Profit (loss) for the period before taxes | 9903 | €42,480 | €42,230 | -€250 | -0.6% |
| Income taxes | 67/77 | €10,620 | €13,577 | +€2,957 | +27.8% |
| Profit (loss) for the period | 9904 | €31,860 | €28,654 | -€3,206 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,860 | €28,654 | -€3,206 | -10.1% |
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 12 October 2026 via checked.be.