MIKIMO: 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.
MIKIMO
Largest movements
- Tangible fixed assets -€47,109
down €47,109 (-4.5%), from €1.0m to €997,247
- Cash -€15,349
down €15,349 (-11.0%), from €139,767 to €124,417
mainly Debts after one year (-€55,743) and Other debts (-€42,742)
- Receivables within one year -€12,382
down €12,382 (-97.8%), from €12,659 to €277
of which Other amounts receivable: -€9,689
- Debts after one year -€55,743
down €55,743 (-10.4%), from €538,342 to €482,598
- Other debts -€42,742
down €42,742 (-99.5%), from €42,951 to €209
- Reserves +€18,938
up €18,938 (+9.8%), from €192,541 to €211,479
of which Distributable reserves: +€17,924
- Depreciation -€20,720
down €20,720 (-22.8%), from €90,924 to €70,204
- Gross operating margin +€18,361
up €18,361 (+17.0%), from €107,997 to €126,358
- Taxes +€8,827
new in 2025: €8,827
- Financial charges +€5,333
up €5,333 (+31.9%), from €16,711 to €22,044
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 | €1,196,782 | €1,121,941 | -€74,841 | -6.3% |
| Fixed assets | 21/28 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Tangible fixed assets | 22/27 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Land and buildings | 22 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Current assets | 29/58 | €152,426 | €124,694 | -€27,731 | -18.2% |
| Amounts receivable within one year | 40/41 | €12,659 | €277 | -€12,382 | -97.8% |
| Trade receivables | 40 | €2,693 | - | -€2,693 | |
| Other amounts receivable | 41 | €9,966 | €277 | -€9,689 | -97.2% |
| Cash at bank and in hand | 54/58 | €139,767 | €124,417 | -€15,349 | -11.0% |
| Total equity and liabilities | 10/49 | €1,196,782 | €1,121,941 | -€74,841 | -6.3% |
| Equity | 10/15 | €553,048 | €571,479 | +€18,432 | +3.3% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Capital | 10 | €360,000 | €360,000 | = | 0.0% |
| Issued capital | 100 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €192,541 | €211,479 | +€18,938 | +9.8% |
| Non-distributable reserves | 130/1 | €19,841 | €20,855 | +€1,014 | +5.1% |
| Legal reserve | 130 | €19,841 | €20,855 | +€1,014 | +5.1% |
| Distributable reserves | 133 | €172,700 | €190,625 | +€17,924 | +10.4% |
| Profit (loss) carried forward | 14 | €506 | - | -€506 | |
| Amounts payable | 17/49 | €643,735 | €550,462 | -€93,272 | -14.5% |
| Amounts payable after more than one year | 17 | €538,342 | €482,598 | -€55,743 | -10.4% |
| Financial debts | 170/4 | €538,342 | €482,598 | -€55,743 | -10.4% |
| Amounts payable within one year | 42/48 | €105,393 | €58,079 | -€47,315 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €53,649 | €55,743 | +€2,094 | +3.9% |
| Trade debts | 44 | €4,324 | €0 | -€4,324 | -100.0% |
| Suppliers | 440/4 | €4,324 | €0 | -€4,324 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,469 | €2,126 | -€2,343 | -52.4% |
| Taxes | 450/3 | €4,469 | €2,126 | -€2,343 | -52.4% |
| Other amounts payable | 47/48 | €42,951 | €209 | -€42,742 | -99.5% |
| Accrued charges and deferred income | 492/3 | - | €9,785 | +€9,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,924 | €70,204 | -€20,720 | -22.8% |
| Other operating charges | 640/8 | €7,620 | €8,354 | +€734 | +9.6% |
| Gross operating margin | 9900 | €107,997 | €126,358 | +€18,361 | +17.0% |
| Operating profit (loss) | 9901 | €9,452 | €47,800 | +€38,348 | +406% |
| Financial income | 75/76B | €815 | €1,503 | +€688 | +84.5% |
| Recurring financial income | 75 | €815 | €1,503 | +€688 | +84.5% |
| Financial charges | 65/66B | €16,711 | €22,044 | +€5,333 | +31.9% |
| Recurring financial charges | 65 | €16,711 | €22,044 | +€5,333 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,444 | €27,258 | +€33,702 | |
| Income taxes | 67/77 | - | €8,827 | +€8,827 | |
| Profit (loss) for the period | 9904 | -€6,444 | €18,432 | +€24,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,444 | €18,432 | +€24,876 |
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 17 October 2026 via checked.be.