MiKimFX: what changed
Two fiscal 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.
MiKimFX
Largest movements
- Receivables within one year -€11,715
down €11,715 (-36.6%), from €32,018 to €20,303
of which Other amounts receivable: -€7,172
- Tangible fixed assets -€2,664
down €2,664 (-34.9%), from €7,626 to €4,962
of which Other tangible fixed assets: -€1,937
- Cash -€1,225
down €1,225 (-18.8%), from €6,516 to €5,290
mainly Accrued charges and deferred income (-€12,819) and Tax, wage and social debts (-€12,327)
- Deferred charges and accrued income +€1,089
up €1,089 (+116.3%), from €937 to €2,026
- Stocks and contracts -€715
down €715 (-3.3%), from €21,830 to €21,115
- Accrued charges and deferred income -€12,819
down €12,819 (-82.0%), from €15,638 to €2,819
- Tax, wage and social debts -€12,327
down €12,327 (-55.7%), from €22,111 to €9,784
- Profit (loss) carried forward +€12,001
up €12,001 (+56.4%), from -€21,263 to -€9,262
- Trade debts +€3,972
up €3,972 (+58.0%), from €6,849 to €10,820
- Advances received -€3,341
down €3,341 (-84.9%), from €3,935 to €594
- Gross operating margin +€21,076
up €21,076, from -€3,417 to €17,659
- Other operating charges -€1,431
down €1,431 (-82.3%), from €1,739 to €308
- Financial charges +€1,232
up €1,232 (+45.2%), from €2,726 to €3,958
- Financial income +€363
up €363 (+34.5%), from €1,050 to €1,413
- Depreciation +€213
up €213 (+8.7%), from €2,452 to €2,664
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 | €68,926 | €53,696 | -€15,231 | -22.1% |
| Fixed assets | 21/28 | €7,626 | €4,962 | -€2,664 | -34.9% |
| Tangible fixed assets | 22/27 | €7,626 | €4,962 | -€2,664 | -34.9% |
| Plant, machinery and equipment | 23 | €2,089 | €1,362 | -€728 | -34.8% |
| Other tangible fixed assets | 26 | €5,536 | €3,600 | -€1,937 | -35.0% |
| Current assets | 29/58 | €61,301 | €48,734 | -€12,566 | -20.5% |
| Stocks and contracts in progress | 3 | €21,830 | €21,115 | -€715 | -3.3% |
| Stocks | 30/36 | €21,830 | €21,115 | -€715 | -3.3% |
| Amounts receivable within one year | 40/41 | €32,018 | €20,303 | -€11,715 | -36.6% |
| Trade receivables | 40 | €20,657 | €16,114 | -€4,543 | -22.0% |
| Other amounts receivable | 41 | €11,361 | €4,189 | -€7,172 | -63.1% |
| Cash at bank and in hand | 54/58 | €6,516 | €5,290 | -€1,225 | -18.8% |
| Deferred charges and accrued income | 490/1 | €937 | €2,026 | +€1,089 | +116.3% |
| Total equity and liabilities | 10/49 | €68,926 | €53,696 | -€15,231 | -22.1% |
| Equity | 10/15 | €8,497 | €20,498 | +€12,001 | +141.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,160 | €11,160 | = | 0.0% |
| Distributable reserves | 133 | €11,160 | €11,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,263 | -€9,262 | +€12,001 | +56.4% |
| Amounts payable | 17/49 | €60,429 | €33,198 | -€27,232 | -45.1% |
| Amounts payable within one year | 42/48 | €44,792 | €30,379 | -€14,413 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €1,967 | €0 | -€1,967 | -100.0% |
| Financial debts | 43 | €9,930 | €9,180 | -€750 | -7.6% |
| Credit institutions | 430/8 | €9,930 | €9,180 | -€750 | -7.6% |
| Trade debts | 44 | €6,849 | €10,820 | +€3,972 | +58.0% |
| Suppliers | 440/4 | €6,849 | €10,820 | +€3,972 | +58.0% |
| Advances received on contracts in progress | 46 | €3,935 | €594 | -€3,341 | -84.9% |
| Taxes, remuneration and social security | 45 | €22,111 | €9,784 | -€12,327 | -55.7% |
| Taxes | 450/3 | €22,111 | €9,784 | -€12,327 | -55.7% |
| Accrued charges and deferred income | 492/3 | €15,638 | €2,819 | -€12,819 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €2,664 | +€213 | +8.7% |
| Other operating charges | 640/8 | €1,739 | €308 | -€1,431 | -82.3% |
| Gross operating margin | 9900 | -€3,417 | €17,659 | +€21,076 | |
| Operating profit (loss) | 9901 | -€7,608 | €14,687 | +€22,294 | |
| Financial income | 75/76B | €1,050 | €1,413 | +€363 | +34.5% |
| Recurring financial income | 75 | €1,050 | €1,413 | +€363 | +34.5% |
| Financial charges | 65/66B | €2,726 | €3,958 | +€1,232 | +45.2% |
| Recurring financial charges | 65 | €2,726 | €3,958 | +€1,232 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,283 | €12,142 | +€21,425 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€9,423 | €12,001 | +€21,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,423 | €12,001 | +€21,423 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.