MIKE E.: 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.
MIKE E.
Largest movements
- Receivables within one year +€15,291
up €15,291 (+159.1%), from €9,613 to €24,904
of which Other amounts receivable: +€19,487
- Deferred charges and accrued income -€3,013
down €3,013 (-100.0%), from €3,013 to €0
- Cash -€993
down €993 (-31.3%), from €3,172 to €2,179
mainly Receivables within one year (-€15,291) and Other debts (-€9,180)
- Profit (loss) carried forward +€24,268
up €24,268 (+80.3%), from -€30,212 to -€5,944
- Other debts -€9,180
down €9,180 (-100.0%), from €9,180 to €0
- Trade debts -€4,846
down €4,846 (-56.1%), from €8,638 to €3,793
- Tax, wage and social debts +€1,046
up €1,046 (+18.9%), from €5,530 to €6,576
- Gross operating margin +€3,804
up €3,804 (+13.1%), from €28,955 to €32,758
- Taxes +€987
up €987 (+13.0%), from €7,572 to €8,559
- Financial income +€588
up €588 (+1499.2%), from €39 to €627
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 | €15,798 | €27,083 | +€11,285 | +71.4% |
| Current assets | 29/58 | €15,798 | €27,083 | +€11,285 | +71.4% |
| Amounts receivable within one year | 40/41 | €9,613 | €24,904 | +€15,291 | +159.1% |
| Trade receivables | 40 | €9,613 | €5,417 | -€4,196 | -43.6% |
| Other amounts receivable | 41 | €0 | €19,487 | +€19,487 | |
| Cash at bank and in hand | 54/58 | €3,172 | €2,179 | -€993 | -31.3% |
| Deferred charges and accrued income | 490/1 | €3,013 | €0 | -€3,013 | -100.0% |
| Total equity and liabilities | 10/49 | €15,798 | €27,083 | +€11,285 | +71.4% |
| Equity | 10/15 | -€17,812 | €6,456 | +€24,268 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,212 | -€5,944 | +€24,268 | +80.3% |
| Amounts payable | 17/49 | €33,610 | €20,628 | -€12,983 | -38.6% |
| Amounts payable within one year | 42/48 | €33,606 | €20,627 | -€12,979 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €10,258 | €10,258 | = | 0.0% |
| Credit institutions | 430/8 | €10,258 | €10,258 | = | 0.0% |
| Trade debts | 44 | €8,638 | €3,793 | -€4,846 | -56.1% |
| Suppliers | 440/4 | €8,638 | €3,793 | -€4,846 | -56.1% |
| Taxes, remuneration and social security | 45 | €5,530 | €6,576 | +€1,046 | +18.9% |
| Taxes | 450/3 | €5,530 | €6,576 | +€1,046 | +18.9% |
| Other amounts payable | 47/48 | €9,180 | €0 | -€9,180 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4 | €0 | -€4 | -94.7% |
| Other operating charges | 640/8 | €552 | €400 | -€153 | -27.6% |
| Gross operating margin | 9900 | €28,955 | €32,758 | +€3,804 | +13.1% |
| Operating profit (loss) | 9901 | €28,402 | €32,358 | +€3,956 | +13.9% |
| Financial income | 75/76B | €39 | €627 | +€588 | +1499.2% |
| Recurring financial income | 75 | €39 | €627 | +€588 | +1499.2% |
| Financial charges | 65/66B | €187 | €158 | -€28 | -15.1% |
| Recurring financial charges | 65 | €187 | €158 | -€28 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €28,255 | €32,827 | +€4,572 | +16.2% |
| Income taxes | 67/77 | €7,572 | €8,559 | +€987 | +13.0% |
| Profit (loss) for the period | 9904 | €20,683 | €24,268 | +€3,584 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,683 | €24,268 | +€3,584 | +17.3% |
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 10 October 2026 via checked.be.