Miko-Electrics: 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-Electrics
Largest movements
- Cash +€18,709
up €18,709 (+153%), from €12,240 to €30,949
mainly Net result for the year (+€18,027) and Stocks and contracts (+€4,893)
- Stocks and contracts -€4,893
down €4,893 (-67.5%), from €7,251 to €2,359
of which Stocks: -€2,768
- Deferred charges and accrued income +€2,175
up €2,175 (+784%), from €278 to €2,453
- Tangible fixed assets +€1,996
up €1,996 (+34.2%), from €5,841 to €7,837
of which Furniture and vehicles: +€2,967
- Receivables within one year +€797
up €797 (+2.9%), from €27,676 to €28,473
of which Trade receivables: +€1,185
- Reserves +€17,227
up €17,227 (+69.8%), from €24,675 to €41,902
- Trade debts +€1,803
up €1,803 (+18.8%), from €9,588 to €11,391
- Current portion of long-term debt -€1,583
no longer reported in 2025 (was €1,583)
- Tax, wage and social debts +€942
up €942 (+65.4%), from €1,439 to €2,381
- Gross operating margin +€15,054
up €15,054 (+88.8%), from €16,952 to €32,006
- Taxes +€4,225
up €4,225 (+132%), from €3,195 to €7,419
- Depreciation +€1,088
up €1,088 (+77.4%), from €1,406 to €2,495
- Financial charges -€845
down €845 (-19.1%), from €4,415 to €3,570
- Other operating charges -€845
down €845 (-52.4%), from €1,611 to €766
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 | €53,287 | €72,070 | +€18,784 | +35.3% |
| Fixed assets | 21/28 | €5,841 | €7,837 | +€1,996 | +34.2% |
| Tangible fixed assets | 22/27 | €5,841 | €7,837 | +€1,996 | +34.2% |
| Land and buildings | 22 | €2,758 | €2,206 | -€552 | -20.0% |
| Plant, machinery and equipment | 23 | €1,992 | €1,573 | -€420 | -21.1% |
| Furniture and vehicles | 24 | €1,091 | €4,058 | +€2,967 | +272% |
| Current assets | 29/58 | €47,445 | €64,233 | +€16,788 | +35.4% |
| Stocks and contracts in progress | 3 | €7,251 | €2,359 | -€4,893 | -67.5% |
| Stocks | 30/36 | €5,126 | €2,359 | -€2,768 | -54.0% |
| Contracts in progress | 37 | €2,125 | - | -€2,125 | |
| Amounts receivable within one year | 40/41 | €27,676 | €28,473 | +€797 | +2.9% |
| Trade receivables | 40 | €24,939 | €26,125 | +€1,185 | +4.8% |
| Other amounts receivable | 41 | €2,737 | €2,348 | -€389 | -14.2% |
| Cash at bank and in hand | 54/58 | €12,240 | €30,949 | +€18,709 | +153% |
| Deferred charges and accrued income | 490/1 | €278 | €2,453 | +€2,175 | +784% |
| Total equity and liabilities | 10/49 | €53,287 | €72,070 | +€18,784 | +35.3% |
| Equity | 10/15 | €30,875 | €48,102 | +€17,227 | +55.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,675 | €41,902 | +€17,227 | +69.8% |
| Distributable reserves | 133 | €24,675 | €41,902 | +€17,227 | +69.8% |
| Amounts payable | 17/49 | €22,412 | €23,969 | +€1,557 | +6.9% |
| Amounts payable within one year | 42/48 | €22,412 | €23,969 | +€1,557 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €1,583 | - | -€1,583 | |
| Financial debts | 43 | €429 | €438 | +€10 | +2.3% |
| Other loans | 439 | €429 | €438 | +€10 | +2.3% |
| Trade debts | 44 | €9,588 | €11,391 | +€1,803 | +18.8% |
| Suppliers | 440/4 | €9,588 | €11,391 | +€1,803 | +18.8% |
| Taxes, remuneration and social security | 45 | €1,439 | €2,381 | +€942 | +65.4% |
| Taxes | 450/3 | €1,439 | €2,381 | +€942 | +65.4% |
| Other amounts payable | 47/48 | €9,373 | €9,758 | +€386 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,406 | €2,495 | +€1,088 | +77.4% |
| Other operating charges | 640/8 | €1,611 | €766 | -€845 | -52.4% |
| Gross operating margin | 9900 | €16,952 | €32,006 | +€15,054 | +88.8% |
| Operating profit (loss) | 9901 | €13,935 | €28,746 | +€14,811 | +106% |
| Financial income | 75/76B | €211 | €270 | +€59 | +28.2% |
| Recurring financial income | 75 | €211 | €270 | +€59 | +28.2% |
| Financial charges | 65/66B | €4,415 | €3,570 | -€845 | -19.1% |
| Recurring financial charges | 65 | €4,415 | €3,570 | -€845 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €9,730 | €25,446 | +€15,716 | +162% |
| Income taxes | 67/77 | €3,195 | €7,419 | +€4,225 | +132% |
| Profit (loss) for the period | 9904 | €6,536 | €18,027 | +€11,491 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €6,536 | €18,027 | +€11,491 | +176% |
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.