Mike-IT: 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-IT
Largest movements
- Tangible fixed assets +€68,786
up €68,786 (+893%), from €7,700 to €76,485
of which Furniture and vehicles: +€68,931
- Receivables within one year +€17,677
up €17,677 (+92.0%), from €19,225 to €36,902
of which Trade receivables: +€17,167
- Cash +€6,105
up €6,105 (+12.8%), from €47,742 to €53,847
mainly Debts after one year (+€44,524) and Net result for the year (+€40,099)
- Debts after one year +€44,524
new in 2025: €44,524
- Reserves +€40,099
up €40,099 (+77.4%), from €51,805 to €91,904
- Current portion of long-term debt +€10,515
new in 2025: €10,515
- Tax, wage and social debts -€2,624
down €2,624 (-12.3%), from €21,255 to €18,631
- Gross operating margin +€13,718
up €13,718 (+31.7%), from €43,340 to €57,058
- Taxes +€2,579
up €2,579 (+32.1%), from €8,026 to €10,605
- Depreciation +€2,017
up €2,017 (+96.6%), from €2,089 to €4,106
- Financial charges -€586
down €586 (-28.6%), from €2,048 to €1,462
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 | €74,784 | €168,025 | +€93,241 | +125% |
| Fixed assets | 21/28 | €7,700 | €76,485 | +€68,786 | +893% |
| Tangible fixed assets | 22/27 | €7,700 | €76,485 | +€68,786 | +893% |
| Plant, machinery and equipment | 23 | €1,156 | €1,011 | -€145 | -12.6% |
| Furniture and vehicles | 24 | €6,544 | €75,475 | +€68,931 | +1,053% |
| Current assets | 29/58 | €67,085 | €91,540 | +€24,455 | +36.5% |
| Amounts receivable within one year | 40/41 | €19,225 | €36,902 | +€17,677 | +92.0% |
| Trade receivables | 40 | €19,225 | €36,392 | +€17,167 | +89.3% |
| Other amounts receivable | 41 | - | €511 | +€511 | |
| Cash at bank and in hand | 54/58 | €47,742 | €53,847 | +€6,105 | +12.8% |
| Deferred charges and accrued income | 490/1 | €117 | €790 | +€673 | +573% |
| Total equity and liabilities | 10/49 | €74,784 | €168,025 | +€93,241 | +125% |
| Equity | 10/15 | €52,805 | €92,904 | +€40,099 | +75.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,805 | €91,904 | +€40,099 | +77.4% |
| Distributable reserves | 133 | €51,805 | €91,904 | +€40,099 | +77.4% |
| Amounts payable | 17/49 | €21,979 | €75,120 | +€53,142 | +242% |
| Amounts payable after more than one year | 17 | - | €44,524 | +€44,524 | |
| Financial debts | 170/4 | - | €44,524 | +€44,524 | |
| Amounts payable within one year | 42/48 | €21,979 | €30,596 | +€8,618 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €10,515 | +€10,515 | |
| Trade debts | 44 | €724 | €1,450 | +€727 | +100% |
| Suppliers | 440/4 | €724 | €1,450 | +€727 | +100% |
| Taxes, remuneration and social security | 45 | €21,255 | €18,631 | -€2,624 | -12.3% |
| Taxes | 450/3 | €21,255 | €18,631 | -€2,624 | -12.3% |
| Non-recurring operating income | 76A | - | €2,784 | +€2,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,089 | €4,106 | +€2,017 | +96.6% |
| Other operating charges | 640/8 | €864 | €800 | -€64 | -7.4% |
| Gross operating margin | 9900 | €43,340 | €57,058 | +€13,718 | +31.7% |
| Operating profit (loss) | 9901 | €40,388 | €52,152 | +€11,765 | +29.1% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €2,048 | €1,462 | -€586 | -28.6% |
| Recurring financial charges | 65 | €2,048 | €1,462 | -€586 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €38,340 | €50,704 | +€12,364 | +32.2% |
| Income taxes | 67/77 | €8,026 | €10,605 | +€2,579 | +32.1% |
| Profit (loss) for the period | 9904 | €30,314 | €40,099 | +€9,785 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,314 | €40,099 | +€9,785 | +32.3% |
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 14 October 2026 via checked.be.