MIKIRO: 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.
MIKIRO
Largest movements
- Current investments +€202,388
new in 2025: €202,388
- Cash -€92,273
down €92,273 (-76.6%), from €120,386 to €28,113
mainly Current investments (-€202,388) and Other debts (-€4,638)
- Reserves +€119,543
up €119,543 (+101.5%), from €117,780 to €237,324
- Other debts -€4,638
no longer reported in 2025 (was €4,638)
- Trade debts -€3,085
down €3,085 (-93.4%), from €3,303 to €218
- Depreciation -€4,475
down €4,475 (-91.9%), from €4,869 to €395
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 | €145,355 | €255,115 | +€109,760 | +75.5% |
| Fixed assets | 21/28 | €831 | €436 | -€395 | -47.5% |
| Tangible fixed assets | 22/27 | €831 | €436 | -€395 | -47.5% |
| Plant, machinery and equipment | 23 | €831 | €436 | -€395 | -47.5% |
| Current assets | 29/58 | €144,524 | €254,679 | +€110,155 | +76.2% |
| Current investments | 50/53 | - | €202,388 | +€202,388 | |
| Cash at bank and in hand | 54/58 | €120,386 | €28,113 | -€92,273 | -76.6% |
| Deferred charges and accrued income | 490/1 | €24,138 | €24,178 | +€40 | +0.2% |
| Total equity and liabilities | 10/49 | €145,355 | €255,115 | +€109,760 | +75.5% |
| Equity | 10/15 | €122,780 | €242,324 | +€119,543 | +97.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €117,780 | €237,324 | +€119,543 | +101.5% |
| Distributable reserves | 133 | €117,780 | €237,324 | +€119,543 | +101.5% |
| Amounts payable | 17/49 | €22,574 | €12,791 | -€9,783 | -43.3% |
| Amounts payable within one year | 42/48 | €22,248 | €12,643 | -€9,605 | -43.2% |
| Trade debts | 44 | €3,303 | €218 | -€3,085 | -93.4% |
| Suppliers | 440/4 | €3,303 | €218 | -€3,085 | -93.4% |
| Taxes, remuneration and social security | 45 | €14,306 | €12,425 | -€1,882 | -13.2% |
| Taxes | 450/3 | €14,306 | €12,425 | -€1,882 | -13.2% |
| Other amounts payable | 47/48 | €4,638 | - | -€4,638 | |
| Accrued charges and deferred income | 492/3 | €326 | €148 | -€178 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,869 | €395 | -€4,475 | -91.9% |
| Other operating charges | 640/8 | €735 | €1,124 | +€389 | +53.0% |
| Gross operating margin | 9900 | €157,156 | €156,648 | -€509 | -0.3% |
| Operating profit (loss) | 9901 | €151,552 | €155,129 | +€3,577 | +2.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €466 | €1,661 | +€1,195 | +256.4% |
| Recurring financial charges | 65 | €466 | €1,661 | +€1,195 | +256.4% |
| Profit (loss) for the period before taxes | 9903 | €151,087 | €153,468 | +€2,381 | +1.6% |
| Income taxes | 67/77 | €33,306 | €33,925 | +€618 | +1.9% |
| Profit (loss) for the period | 9904 | €117,780 | €119,543 | +€1,763 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €117,780 | €119,543 | +€1,763 | +1.5% |
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 2 October 2026 via checked.be.