MIKO Consulting: 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.
MIKO Consulting
Largest movements
- Cash +€47,548
up €47,548 (+126%), from €37,880 to €85,428
mainly Receivables within one year (+€44,001) and Net result for the year (+€18,306)
- Receivables within one year -€44,001
down €44,001 (-14.1%), from €311,129 to €267,129
of which Trade receivables: -€44,888
- Deferred charges and accrued income +€19,888
up €19,888 (+664%), from €2,996 to €22,884
- Reserves +€18,306
up €18,306 (+4.1%), from €448,392 to €466,698
of which Tax-exempt reserves: +€12,574
- Debts after one year -€15,183
down €15,183 (-22.2%), from €68,423 to €53,240
- Other debts +€9,777
up €9,777 (+11.2%), from €87,397 to €97,175
- Gross operating margin +€11,624
up €11,624 (+28.9%), from €40,204 to €51,828
- Depreciation +€4,320
up €4,320 (+31.3%), from €13,817 to €18,137
- Financial charges +€1,763
up €1,763 (+21.0%), from €8,411 to €10,174
- Taxes +€586
up €586 (+29.9%), from €1,960 to €2,546
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €648,199 | €667,433 | +€19,234 | +3.0% |
| Fixed assets | 21/28 | €296,194 | €291,992 | -€4,201 | -1.4% |
| Tangible fixed assets | 22/27 | €296,194 | €291,992 | -€4,201 | -1.4% |
| Land and buildings | 22 | €279,237 | €264,764 | -€14,473 | -5.2% |
| Plant, machinery and equipment | 23 | - | €3,586 | +€3,586 | |
| Furniture and vehicles | 24 | €16,957 | €18,732 | +€1,775 | +10.5% |
| Assets under construction and advance payments | 27 | - | €4,910 | +€4,910 | |
| Current assets | 29/58 | €352,005 | €375,441 | +€23,435 | +6.7% |
| Amounts receivable within one year | 40/41 | €311,129 | €267,129 | -€44,001 | -14.1% |
| Trade receivables | 40 | €56,746 | €11,858 | -€44,888 | -79.1% |
| Other amounts receivable | 41 | €254,384 | €255,271 | +€887 | +0.3% |
| Cash at bank and in hand | 54/58 | €37,880 | €85,428 | +€47,548 | +126% |
| Deferred charges and accrued income | 490/1 | €2,996 | €22,884 | +€19,888 | +664% |
| Total equity and liabilities | 10/49 | €648,199 | €667,433 | +€19,234 | +3.0% |
| Equity | 10/15 | €460,792 | €479,098 | +€18,306 | +4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €448,392 | €466,698 | +€18,306 | +4.1% |
| Tax-exempt reserves | 132 | €285 | €12,858 | +€12,574 | +4,416% |
| Distributable reserves | 133 | €448,107 | €453,840 | +€5,733 | +1.3% |
| Provisions and deferred taxes | 16 | - | €3,143 | +€3,143 | |
| Deferred taxes | 168 | - | €3,143 | +€3,143 | |
| Amounts payable | 17/49 | €187,407 | €185,191 | -€2,216 | -1.2% |
| Amounts payable after more than one year | 17 | €68,423 | €53,240 | -€15,183 | -22.2% |
| Financial debts | 170/4 | €68,423 | €53,240 | -€15,183 | -22.2% |
| Amounts payable within one year | 42/48 | €112,148 | €125,383 | +€13,235 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €15,006 | €15,183 | +€177 | +1.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,970 | €2,656 | -€314 | -10.6% |
| Suppliers | 440/4 | €2,970 | €2,656 | -€314 | -10.6% |
| Taxes, remuneration and social security | 45 | €6,775 | €10,369 | +€3,594 | +53.1% |
| Taxes | 450/3 | €6,775 | €10,369 | +€3,594 | +53.1% |
| Other amounts payable | 47/48 | €87,397 | €97,175 | +€9,777 | +11.2% |
| Accrued charges and deferred income | 492/3 | €6,837 | €6,569 | -€268 | -3.9% |
| Non-recurring operating income | 76A | - | €15,717 | +€15,717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,817 | €18,137 | +€4,320 | +31.3% |
| Other operating charges | 640/8 | €1,675 | €1,995 | +€320 | +19.1% |
| Gross operating margin | 9900 | €40,204 | €51,828 | +€11,624 | +28.9% |
| Operating profit (loss) | 9901 | €24,712 | €31,696 | +€6,984 | +28.3% |
| Financial income | 75/76B | €2,449 | €2,473 | +€24 | +1.0% |
| Recurring financial income | 75 | €2,449 | €2,473 | +€24 | +1.0% |
| Financial charges | 65/66B | €8,411 | €10,174 | +€1,763 | +21.0% |
| Recurring financial charges | 65 | €8,411 | €10,174 | +€1,763 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €18,751 | €23,996 | +€5,245 | +28.0% |
| Transfer to deferred taxes | 680 | - | €3,143 | +€3,143 | |
| Income taxes | 67/77 | €1,960 | €2,546 | +€586 | +29.9% |
| Profit (loss) for the period | 9904 | €16,790 | €18,306 | +€1,516 | +9.0% |
| Transfer to tax-exempt reserves | 689 | - | €12,574 | +€12,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,790 | €5,733 | -€11,058 | -65.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.