MIKE MULTI SERVICES: 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 MULTI SERVICES
Largest movements
- Receivables within one year +€32,447
up €32,447 (+945.8%), from €3,431 to €35,878
of which Trade receivables: +€16,503
- Tangible fixed assets -€2,660
down €2,660 (-33.4%), from €7,965 to €5,304
of which Furniture and vehicles: -€2,162
- Cash -€2,051
down €2,051 (-28.7%), from €7,145 to €5,094
- Deferred charges and accrued income +€1,301
up €1,301 (+4426.4%), from €29 to €1,331
- Profit (loss) carried forward +€35,961
up €35,961 (+45.4%), from -€79,256 to -€43,295
- Tax, wage and social debts -€11,670
no longer reported in 2024 (was €11,670)
- Trade debts +€8,654
up €8,654 (+134.7%), from €6,425 to €15,078
- Contributions -€6,200
no longer reported in 2024 (was €6,200)
- Other debts +€2,043
up €2,043 (+11.2%), from €18,162 to €20,204
- Turnover -€126,316
no longer reported in 2024 (was €126,316)
- Purchases and services -€113,347
no longer reported in 2024 (was €113,347)
- Other operating charges -€63,488
down €63,488 (-98.5%), from €64,485 to €997
- Financial charges -€44,821
down €44,821 (-84.2%), from €53,204 to €8,383
of which Non-recurring financial charges: -€50,000
- Gross operating margin +€35,341
up €35,341 (+200.3%), from €17,641 to €52,982
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,320 | €48,357 | +€29,037 | +150.3% |
| Fixed assets | 21/28 | €8,715 | €6,054 | -€2,660 | -30.5% |
| Tangible fixed assets | 22/27 | €7,965 | €5,304 | -€2,660 | -33.4% |
| Plant, machinery and equipment | 23 | €833 | €1,255 | +€421 | +50.5% |
| Furniture and vehicles | 24 | €5,728 | €3,566 | -€2,162 | -37.7% |
| Other tangible fixed assets | 26 | €1,403 | €483 | -€919 | -65.5% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €10,605 | €42,302 | +€31,697 | +298.9% |
| Amounts receivable within one year | 40/41 | €3,431 | €35,878 | +€32,447 | +945.8% |
| Trade receivables | 40 | €3,431 | €19,933 | +€16,503 | +481.0% |
| Other amounts receivable | 41 | - | €15,944 | +€15,944 | |
| Cash at bank and in hand | 54/58 | €7,145 | €5,094 | -€2,051 | -28.7% |
| Deferred charges and accrued income | 490/1 | €29 | €1,331 | +€1,301 | +4426.4% |
| Total equity and liabilities | 10/49 | €19,320 | €48,357 | +€29,037 | +150.3% |
| Equity | 10/15 | -€16,937 | €12,824 | +€29,761 | |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €56,119 | €56,119 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €54,264 | €56,119 | +€1,855 | +3.4% |
| Profit (loss) carried forward | 14 | -€79,256 | -€43,295 | +€35,961 | +45.4% |
| Amounts payable | 17/49 | €36,256 | €35,533 | -€724 | -2.0% |
| Amounts payable within one year | 42/48 | €36,256 | €35,533 | -€724 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | - | €250 | +€250 | |
| Trade debts | 44 | €6,425 | €15,078 | +€8,654 | +134.7% |
| Suppliers | 440/4 | €6,425 | €15,078 | +€8,654 | +134.7% |
| Taxes, remuneration and social security | 45 | €11,670 | - | -€11,670 | |
| Taxes | 450/3 | €11,670 | - | -€11,670 | |
| Other amounts payable | 47/48 | €18,162 | €20,204 | +€2,043 | +11.2% |
| Turnover | 70 | €126,316 | - | -€126,316 | |
| Goods, raw materials, services and sundry goods | 60/61 | €113,347 | - | -€113,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,605 | €7,642 | +€6,036 | +376.1% |
| Other operating charges | 640/8 | €64,485 | €997 | -€63,488 | -98.5% |
| Non-recurring operating charges | 66A | €549 | - | -€549 | |
| Gross operating margin | 9900 | €17,641 | €52,982 | +€35,341 | +200.3% |
| Operating profit (loss) | 9901 | -€48,999 | €44,343 | +€93,342 | |
| Financial income | 75/76B | €23 | €178 | +€155 | +675.4% |
| Recurring financial income | 75 | €23 | €178 | +€155 | +675.4% |
| Financial charges | 65/66B | €53,204 | €8,383 | -€44,821 | -84.2% |
| Recurring financial charges | 65 | €3,204 | €8,383 | +€5,179 | +161.6% |
| Non-recurring financial charges | 66B | €50,000 | - | -€50,000 | |
| Profit (loss) for the period before taxes | 9903 | -€102,180 | €36,139 | +€138,319 | |
| Income taxes | 67/77 | €266 | €178 | -€88 | -33.2% |
| Profit (loss) for the period | 9904 | -€102,446 | €35,961 | +€138,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,446 | €35,961 | +€138,407 |
Source: filed annual accounts (NBB), financial years ended 31 May 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.