MIKIT: 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.
MIKIT
Largest movements
- Cash -€45,543
down €45,543 (-33.4%), from €136,324 to €90,781
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€34,571)
- Tangible fixed assets +€28,867
up €28,867 (+802%), from €3,600 to €32,467
of which Furniture and vehicles: +€27,867
- Receivables within one year +€2,385
up €2,385 (+7.2%), from €33,189 to €35,574
- Profit (loss) carried forward -€23,053
down €23,053 (-36.8%), from €62,604 to €39,551
- Tax, wage and social debts +€6,746
up €6,746 (+107%), from €6,335 to €13,081
of which Taxes: +€5,720
- Gross operating margin +€25,856
up €25,856 (+34.7%), from €74,535 to €100,390
- Taxes +€3,007
up €3,007 (+19.8%), from €15,201 to €18,208
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 | €174,506 | €159,420 | -€15,086 | -8.6% |
| Fixed assets | 21/28 | €3,600 | €32,467 | +€28,867 | +802% |
| Tangible fixed assets | 22/27 | €3,600 | €32,467 | +€28,867 | +802% |
| Plant, machinery and equipment | 23 | - | €1,001 | +€1,001 | |
| Furniture and vehicles | 24 | €3,600 | €31,466 | +€27,867 | +774% |
| Current assets | 29/58 | €170,907 | €126,953 | -€43,953 | -25.7% |
| Amounts receivable within one year | 40/41 | €33,189 | €35,574 | +€2,385 | +7.2% |
| Trade receivables | 40 | €33,189 | €35,574 | +€2,385 | +7.2% |
| Cash at bank and in hand | 54/58 | €136,324 | €90,781 | -€45,543 | -33.4% |
| Deferred charges and accrued income | 490/1 | €1,394 | €598 | -€796 | -57.1% |
| Total equity and liabilities | 10/49 | €174,506 | €159,420 | -€15,086 | -8.6% |
| Equity | 10/15 | €67,604 | €44,551 | -€23,053 | -34.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,604 | €39,551 | -€23,053 | -36.8% |
| Amounts payable | 17/49 | €106,902 | €114,869 | +€7,967 | +7.5% |
| Amounts payable within one year | 42/48 | €106,612 | €114,569 | +€7,958 | +7.5% |
| Trade debts | 44 | €277 | €532 | +€254 | +91.8% |
| Suppliers | 440/4 | €277 | €532 | +€254 | +91.8% |
| Taxes, remuneration and social security | 45 | €6,335 | €13,081 | +€6,746 | +107% |
| Taxes | 450/3 | €5,539 | €11,259 | +€5,720 | +103% |
| Remuneration and social security | 454/9 | €796 | €1,822 | +€1,027 | +129% |
| Other amounts payable | 47/48 | €100,000 | €100,957 | +€957 | +1.0% |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,966 | €5,704 | -€262 | -4.4% |
| Other operating charges | 640/8 | €999 | €660 | -€339 | -33.9% |
| Gross operating margin | 9900 | €74,535 | €100,390 | +€25,856 | +34.7% |
| Operating profit (loss) | 9901 | €67,569 | €94,026 | +€26,457 | +39.2% |
| Financial income | 75/76B | €573 | €1,175 | +€602 | +105% |
| Recurring financial income | 75 | €573 | €1,175 | +€602 | +105% |
| Financial charges | 65/66B | €47 | €47 | -€0 | -0.4% |
| Recurring financial charges | 65 | €47 | €47 | -€0 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €68,095 | €95,155 | +€27,060 | +39.7% |
| Income taxes | 67/77 | €15,201 | €18,208 | +€3,007 | +19.8% |
| Profit (loss) for the period | 9904 | €52,895 | €76,947 | +€24,052 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,895 | €76,947 | +€24,052 | +45.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.