MIKOS: 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.
MIKOS
Largest movements
- Cash +€29,819
up €29,819 (+76.2%), from €39,154 to €68,973
mainly Net result for the year (+€32,998) and Trade debts (+€8,645)
- Receivables within one year +€15,507
up €15,507 (+55.3%), from €28,019 to €43,526
of which Other amounts receivable: +€14,744
- Tangible fixed assets -€1,479
down €1,479 (-38.5%), from €3,842 to €2,363
- Profit (loss) carried forward +€32,998
up €32,998 (+54.9%), from €60,155 to €93,153
- Trade debts +€8,645
up €8,645 (+1577.3%), from €548 to €9,193
- Advances received +€2,456
new in 2025: €2,456
- Gross operating margin +€7,045
up €7,045 (+17.7%), from €39,742 to €46,787
- Taxes +€1,880
up €1,880 (+19.2%), from €9,767 to €11,646
- Financial income +€632
up €632 (+120.9%), from €523 to €1,154
- Other operating charges +€507
up €507 (+58.8%), from €862 to €1,369
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 | €71,015 | €114,862 | +€43,848 | +61.7% |
| Fixed assets | 21/28 | €3,842 | €2,363 | -€1,479 | -38.5% |
| Tangible fixed assets | 22/27 | €3,842 | €2,363 | -€1,479 | -38.5% |
| Furniture and vehicles | 24 | €3,842 | €2,363 | -€1,479 | -38.5% |
| Current assets | 29/58 | €67,173 | €112,499 | +€45,326 | +67.5% |
| Amounts receivable within one year | 40/41 | €28,019 | €43,526 | +€15,507 | +55.3% |
| Trade receivables | 40 | €10,328 | €11,092 | +€764 | +7.4% |
| Other amounts receivable | 41 | €17,690 | €32,434 | +€14,744 | +83.3% |
| Cash at bank and in hand | 54/58 | €39,154 | €68,973 | +€29,819 | +76.2% |
| Total equity and liabilities | 10/49 | €71,015 | €114,862 | +€43,848 | +61.7% |
| Equity | 10/15 | €62,655 | €95,653 | +€32,998 | +52.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,155 | €93,153 | +€32,998 | +54.9% |
| Amounts payable | 17/49 | €8,360 | €19,210 | +€10,850 | +129.8% |
| Amounts payable within one year | 42/48 | €8,360 | €19,210 | +€10,850 | +129.8% |
| Trade debts | 44 | €548 | €9,193 | +€8,645 | +1577.3% |
| Suppliers | 440/4 | €548 | €9,193 | +€8,645 | +1577.3% |
| Advances received on contracts in progress | 46 | - | €2,456 | +€2,456 | |
| Taxes, remuneration and social security | 45 | €7,812 | €7,561 | -€251 | -3.2% |
| Taxes | 450/3 | €7,812 | €7,561 | -€251 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,606 | €1,479 | -€128 | -7.9% |
| Other operating charges | 640/8 | €862 | €1,369 | +€507 | +58.8% |
| Gross operating margin | 9900 | €39,742 | €46,787 | +€7,045 | +17.7% |
| Operating profit (loss) | 9901 | €37,274 | €43,940 | +€6,666 | +17.9% |
| Financial income | 75/76B | €523 | €1,154 | +€632 | +120.9% |
| Recurring financial income | 75 | €523 | €1,154 | +€632 | +120.9% |
| Financial charges | 65/66B | €472 | €450 | -€22 | -4.7% |
| Recurring financial charges | 65 | €472 | €450 | -€22 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €37,325 | €44,644 | +€7,320 | +19.6% |
| Income taxes | 67/77 | €9,767 | €11,646 | +€1,880 | +19.2% |
| Profit (loss) for the period | 9904 | €27,558 | €32,998 | +€5,440 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,558 | €32,998 | +€5,440 | +19.7% |
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 6 October 2026 via checked.be.