MIKEDSIGN: 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.
MIKEDSIGN
Largest movements
- Receivables within one year +€1,985
up €1,985 (+11.8%), from €16,854 to €18,839
of which Trade receivables: +€1,995
- Cash +€1,847
up €1,847 (+86.8%), from €2,128 to €3,975
mainly Tax, wage and social debts (+€1,795) and Trade debts (+€1,272)
- Tax, wage and social debts +€1,795
up €1,795 (+6.9%), from €26,142 to €27,937
of which Remuneration and social security: +€4,148
- Trade debts +€1,272
up €1,272 (+15.1%), from €8,429 to €9,701
- Advances received +€978
up €978 (+65.0%), from €1,505 to €2,482
- Short-term financial debts -€444
no longer reported in 2025 (was €444)
- Gross operating margin +€11,368
up €11,368, from -€9,634 to €1,734
- Taxes -€465
down €465 (-41.8%), from €1,112 to €647
- Financial income +€294
up €294 (+9595.1%), from €3 to €297
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 | €22,907 | €26,739 | +€3,832 | +16.7% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €22,657 | €26,489 | +€3,832 | +16.9% |
| Stocks and contracts in progress | 3 | €1,102 | €1,102 | = | 0.0% |
| Stocks | 30/36 | €1,102 | €1,102 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,854 | €18,839 | +€1,985 | +11.8% |
| Trade receivables | 40 | €16,660 | €18,654 | +€1,995 | +12.0% |
| Other amounts receivable | 41 | €194 | €185 | -€10 | -4.9% |
| Cash at bank and in hand | 54/58 | €2,128 | €3,975 | +€1,847 | +86.8% |
| Deferred charges and accrued income | 490/1 | €2,574 | €2,574 | = | 0.0% |
| Total equity and liabilities | 10/49 | €22,907 | €26,739 | +€3,832 | +16.7% |
| Equity | 10/15 | -€14,642 | -€14,411 | +€231 | +1.6% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Reserves | 13 | €333 | €333 | = | 0.0% |
| Non-distributable reserves | 130/1 | €333 | €333 | = | 0.0% |
| Reserves not available under the articles | 1311 | €333 | €333 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,975 | -€30,744 | +€231 | +0.7% |
| Amounts payable | 17/49 | €37,550 | €41,150 | +€3,601 | +9.6% |
| Amounts payable within one year | 42/48 | €37,550 | €41,150 | +€3,601 | +9.6% |
| Financial debts | 43 | €444 | - | -€444 | |
| Credit institutions | 430/8 | €444 | - | -€444 | |
| Trade debts | 44 | €8,429 | €9,701 | +€1,272 | +15.1% |
| Suppliers | 440/4 | €8,429 | €9,701 | +€1,272 | +15.1% |
| Advances received on contracts in progress | 46 | €1,505 | €2,482 | +€978 | +65.0% |
| Taxes, remuneration and social security | 45 | €26,142 | €27,937 | +€1,795 | +6.9% |
| Taxes | 450/3 | €6,278 | €3,925 | -€2,353 | -37.5% |
| Remuneration and social security | 454/9 | €19,864 | €24,012 | +€4,148 | +20.9% |
| Other amounts payable | 47/48 | €1,030 | €1,030 | = | 0.0% |
| Non-recurring operating income | 76A | - | €99 | +€99 | |
| Other operating charges | 640/8 | €957 | €901 | -€57 | -5.9% |
| Gross operating margin | 9900 | -€9,634 | €1,734 | +€11,368 | |
| Operating profit (loss) | 9901 | -€10,591 | €834 | +€11,425 | |
| Financial income | 75/76B | €3 | €297 | +€294 | +9595.1% |
| Recurring financial income | 75 | €3 | €297 | +€294 | +9595.1% |
| Financial charges | 65/66B | €344 | €252 | -€93 | -26.9% |
| Recurring financial charges | 65 | €344 | €252 | -€93 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,933 | €879 | +€11,811 | |
| Income taxes | 67/77 | €1,112 | €647 | -€465 | -41.8% |
| Profit (loss) for the period | 9904 | -€12,045 | €231 | +€12,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,045 | €231 | +€12,276 |
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 11 October 2026 via checked.be.