MIKE: what changed
Two fiscal 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.
MIKE
Largest movements
- Stocks and contracts +€3,840
up €3,840 (+7.3%), from €52,710 to €56,550
- Other debts +€5,215
up €5,215 (+62.9%), from €8,290 to €13,505
- Reserves -€2,141
down €2,141 (-7.5%), from €28,619 to €26,478
- Trade debts +€749
up €749 (+104.5%), from €717 to €1,466
- Gross operating margin -€3,367
down €3,367, from €2,648 to -€719
- Other operating charges +€368
up €368 (+49.0%), from €752 to €1,120
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 | €57,289 | €60,791 | +€3,501 | +6.1% |
| Fixed assets | 21/28 | €2,423 | €2,423 | = | 0.0% |
| Financial fixed assets | 28 | €2,423 | €2,423 | = | 0.0% |
| Current assets | 29/58 | €54,866 | €58,367 | +€3,501 | +6.4% |
| Stocks and contracts in progress | 3 | €52,710 | €56,550 | +€3,840 | +7.3% |
| Stocks | 30/36 | €52,710 | €56,550 | +€3,840 | +7.3% |
| Cash at bank and in hand | 54/58 | €1,878 | €1,526 | -€352 | -18.8% |
| Deferred charges and accrued income | 490/1 | €278 | €291 | +€14 | +5.0% |
| Total equity and liabilities | 10/49 | €57,289 | €60,791 | +€3,501 | +6.1% |
| Equity | 10/15 | €47,211 | €45,070 | -€2,141 | -4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,619 | €26,478 | -€2,141 | -7.5% |
| Distributable reserves | 133 | €28,619 | €26,478 | -€2,141 | -7.5% |
| Amounts payable | 17/49 | €10,078 | €15,720 | +€5,642 | +56.0% |
| Amounts payable within one year | 42/48 | €10,078 | €15,720 | +€5,642 | +56.0% |
| Trade debts | 44 | €717 | €1,466 | +€749 | +104.5% |
| Suppliers | 440/4 | €717 | €1,466 | +€749 | +104.5% |
| Taxes, remuneration and social security | 45 | €1,072 | €749 | -€322 | -30.1% |
| Taxes | 450/3 | €1,072 | €749 | -€322 | -30.1% |
| Other amounts payable | 47/48 | €8,290 | €13,505 | +€5,215 | +62.9% |
| Other operating charges | 640/8 | €752 | €1,120 | +€368 | +49.0% |
| Gross operating margin | 9900 | €2,648 | -€719 | -€3,367 | |
| Operating profit (loss) | 9901 | €1,897 | -€1,839 | -€3,735 | |
| Financial income | 75/76B | €1 | €24 | +€23 | +3084.2% |
| Recurring financial income | 75 | €1 | €24 | +€23 | +3084.2% |
| Financial charges | 65/66B | €342 | €326 | -€16 | -4.8% |
| Recurring financial charges | 65 | €342 | €326 | -€16 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €1,555 | -€2,141 | -€3,696 | |
| Profit (loss) for the period | 9904 | €1,555 | -€2,141 | -€3,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,555 | -€2,141 | -€3,696 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.