MIKE ET YOU: 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 ET YOU
Largest movements
- Receivables within one year +€48,484
up €48,484 (+1,034%), from €4,688 to €53,172
of which Trade receivables: +€53,170
- Stocks and contracts -€45,608
down €45,608 (-57.1%), from €79,813 to €34,204
- Cash -€19,183
down €19,183 (-6.6%), from €292,416 to €273,233
mainly Receivables within one year (-€48,484) and Trade debts (-€17,567)
- Tangible fixed assets -€6,364
down €6,364 (-36.6%), from €17,407 to €11,043
of which Furniture and vehicles: -€6,142
- Trade debts -€17,567
down €17,567 (-64.1%), from €27,424 to €9,857
- Debts after one year -€5,934
down €5,934 (-3.8%), from €154,698 to €148,763
of which Financial debts: -€5,934
- Tax, wage and social debts +€5,724
up €5,724 (+40.9%), from €13,995 to €19,719
of which Taxes: +€5,395
- Depreciation -€8,597
down €8,597 (-57.5%), from €14,961 to €6,364
- Write-downs -€8,597
new in 2025: -€8,597
- Gross operating margin -€4,998
down €4,998 (-5.7%), from €87,908 to €82,910
- Staff costs +€3,318
up €3,318 (+4.0%), from €82,930 to €86,248
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 | €397,852 | €375,718 | -€22,134 | -5.6% |
| Fixed assets | 21/28 | €17,407 | €11,043 | -€6,364 | -36.6% |
| Tangible fixed assets | 22/27 | €17,407 | €11,043 | -€6,364 | -36.6% |
| Plant, machinery and equipment | 23 | €549 | €326 | -€223 | -40.6% |
| Furniture and vehicles | 24 | €16,858 | €10,717 | -€6,142 | -36.4% |
| Current assets | 29/58 | €380,445 | €364,676 | -€15,770 | -4.1% |
| Stocks and contracts in progress | 3 | €79,813 | €34,204 | -€45,608 | -57.1% |
| Stocks | 30/36 | €79,813 | €34,204 | -€45,608 | -57.1% |
| Amounts receivable within one year | 40/41 | €4,688 | €53,172 | +€48,484 | +1,034% |
| Trade receivables | 40 | - | €53,170 | +€53,170 | |
| Other amounts receivable | 41 | €4,688 | €2 | -€4,686 | -100.0% |
| Cash at bank and in hand | 54/58 | €292,416 | €273,233 | -€19,183 | -6.6% |
| Deferred charges and accrued income | 490/1 | €3,529 | €4,067 | +€538 | +15.2% |
| Total equity and liabilities | 10/49 | €397,852 | €375,718 | -€22,134 | -5.6% |
| Equity | 10/15 | €130,945 | €127,555 | -€3,389 | -2.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €1,237 | €1,237 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,237 | €1,237 | = | 0.0% |
| Legal reserve | 130 | €1,237 | €1,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,760 | €2,371 | -€3,389 | -58.8% |
| Amounts payable | 17/49 | €266,908 | €248,163 | -€18,745 | -7.0% |
| Amounts payable after more than one year | 17 | €154,698 | €148,763 | -€5,934 | -3.8% |
| Financial debts | 170/4 | €11,966 | €6,032 | -€5,934 | -49.6% |
| Other amounts payable | 178/9 | €142,732 | €142,732 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,245 | €99,400 | -€11,845 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €6,943 | €6,472 | -€472 | -6.8% |
| Trade debts | 44 | €27,424 | €9,857 | -€17,567 | -64.1% |
| Suppliers | 440/4 | €27,424 | €9,857 | -€17,567 | -64.1% |
| Taxes, remuneration and social security | 45 | €13,995 | €19,719 | +€5,724 | +40.9% |
| Taxes | 450/3 | €914 | €6,310 | +€5,395 | +590% |
| Remuneration and social security | 454/9 | €13,080 | €13,409 | +€328 | +2.5% |
| Other amounts payable | 47/48 | €62,883 | €63,352 | +€469 | +0.7% |
| Accrued charges and deferred income | 492/3 | €965 | - | -€965 | |
| Remuneration, social security and pensions | 62 | €82,930 | €86,248 | +€3,318 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,961 | €6,364 | -€8,597 | -57.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,597 | -€8,597 | |
| Other operating charges | 640/8 | €1,199 | €1,526 | +€328 | +27.3% |
| Gross operating margin | 9900 | €87,908 | €82,910 | -€4,998 | -5.7% |
| Operating profit (loss) | 9901 | -€11,182 | -€2,632 | +€8,550 | +76.5% |
| Financial income | 75/76B | €497 | €1,092 | +€594 | +120% |
| Recurring financial income | 75 | €497 | €1,092 | +€594 | +120% |
| Financial charges | 65/66B | €1,537 | €1,346 | -€191 | -12.4% |
| Recurring financial charges | 65 | €1,537 | €1,346 | -€191 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,221 | -€2,886 | +€9,335 | +76.4% |
| Income taxes | 67/77 | €500 | €503 | +€4 | +0.8% |
| Profit (loss) for the period | 9904 | -€12,721 | -€3,389 | +€9,332 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,721 | -€3,389 | +€9,332 | +73.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.