MIKKAH: 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.
MIKKAH
Largest movements
- Receivables within one year -€18,763
down €18,763 (-74.5%), from €25,190 to €6,427
of which Other amounts receivable: -€18,491
- Cash -€10,873
down €10,873 (-99.3%), from €10,954 to €81
mainly Net result for the year (-€29,287) and Tax, wage and social debts (-€3,531)
- Tangible fixed assets -€1,147
no longer reported in 2025 (was €1,147)
- Financial fixed assets +€420
new in 2025: €420
- Profit (loss) carried forward -€29,287
down €29,287, from €8,607 to -€20,680
- Tax, wage and social debts -€3,531
down €3,531 (-98.5%), from €3,584 to €53
- Other debts +€1,370
new in 2025: €1,370
- Trade debts +€1,085
up €1,085 (+94.1%), from €1,153 to €2,238
- Gross operating margin -€43,193
down €43,193, from €15,895 to -€27,298
- Staff costs -€20,281
down €20,281, from €20,245 to -€36
- Financial income -€1,217
down €1,217 (-96.9%), from €1,255 to €39
- Financial charges -€1,142
down €1,142 (-52.4%), from €2,178 to €1,037
- Other operating charges -€698
down €698 (-86.9%), from €802 to €105
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 | €37,291 | €6,928 | -€30,364 | -81.4% |
| Fixed assets | 21/28 | €1,147 | €420 | -€727 | -63.4% |
| Tangible fixed assets | 22/27 | €1,147 | - | -€1,147 | |
| Furniture and vehicles | 24 | €1,147 | - | -€1,147 | |
| Financial fixed assets | 28 | - | €420 | +€420 | |
| Current assets | 29/58 | €36,144 | €6,508 | -€29,637 | -82.0% |
| Amounts receivable within one year | 40/41 | €25,190 | €6,427 | -€18,763 | -74.5% |
| Trade receivables | 40 | €272 | - | -€272 | |
| Other amounts receivable | 41 | €24,918 | €6,427 | -€18,491 | -74.2% |
| Cash at bank and in hand | 54/58 | €10,954 | €81 | -€10,873 | -99.3% |
| Total equity and liabilities | 10/49 | €37,291 | €6,928 | -€30,364 | -81.4% |
| Equity | 10/15 | €32,554 | €3,267 | -€29,287 | -90.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €5,397 | €5,397 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €5,297 | €5,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,607 | -€20,680 | -€29,287 | |
| Amounts payable | 17/49 | €4,737 | €3,661 | -€1,077 | -22.7% |
| Amounts payable within one year | 42/48 | €4,737 | €3,661 | -€1,077 | -22.7% |
| Trade debts | 44 | €1,153 | €2,238 | +€1,085 | +94.1% |
| Suppliers | 440/4 | €1,153 | €2,238 | +€1,085 | +94.1% |
| Taxes, remuneration and social security | 45 | €3,584 | €53 | -€3,531 | -98.5% |
| Taxes | 450/3 | €3,584 | €53 | -€3,531 | -98.5% |
| Other amounts payable | 47/48 | - | €1,370 | +€1,370 | |
| Non-recurring operating income | 76A | €3,950 | - | -€3,950 | |
| Remuneration, social security and pensions | 62 | €20,245 | -€36 | -€20,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | - | -€688 | |
| Other operating charges | 640/8 | €802 | €105 | -€698 | -86.9% |
| Non-recurring operating charges | 66A | - | €857 | +€857 | |
| Gross operating margin | 9900 | €15,895 | -€27,298 | -€43,193 | |
| Operating profit (loss) | 9901 | -€5,841 | -€28,224 | -€22,383 | -383% |
| Financial income | 75/76B | €1,255 | €39 | -€1,217 | -96.9% |
| Recurring financial income | 75 | €1,255 | €39 | -€1,217 | -96.9% |
| Financial charges | 65/66B | €2,178 | €1,037 | -€1,142 | -52.4% |
| Recurring financial charges | 65 | €2,178 | €1,037 | -€1,142 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,764 | -€29,222 | -€22,458 | -332% |
| Income taxes | 67/77 | €63 | €65 | +€2 | +3.0% |
| Profit (loss) for the period | 9904 | -€6,827 | -€29,287 | -€22,460 | -329% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,827 | -€29,287 | -€22,460 | -329% |
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 18 October 2026 via checked.be.