MIKRI: 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.
MIKRI
Largest movements
- Tangible fixed assets -€67,025
down €67,025 (-9.0%), from €744,966 to €677,941
of which Land and buildings: -€49,674
- Debts after one year -€44,106
down €44,106 (-16.3%), from €271,363 to €227,258
- Other debts -€22,548
no longer reported in 2025 (was €22,548)
- Reserves +€15,301
up €15,301 (+4.3%), from €358,864 to €374,165
of which Distributable reserves: +€15,301
- Profit (loss) carried forward +€13,777
no longer reported in 2025 (was -€13,777)
- Tax, wage and social debts -€11,169
down €11,169 (-97.4%), from €11,469 to €300
- Gross operating margin -€13,221
down €13,221 (-8.8%), from €149,705 to €136,484
- Depreciation +€4,759
up €4,759 (+7.6%), from €62,266 to €67,025
- Taxes -€4,274
down €4,274 (-23.3%), from €18,316 to €14,041
- Other operating charges -€3,352
down €3,352 (-18.4%), from €18,170 to €14,818
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 | €774,979 | €708,569 | -€66,410 | -8.6% |
| Fixed assets | 21/28 | €744,966 | €677,941 | -€67,025 | -9.0% |
| Tangible fixed assets | 22/27 | €744,966 | €677,941 | -€67,025 | -9.0% |
| Land and buildings | 22 | €705,700 | €656,026 | -€49,674 | -7.0% |
| Furniture and vehicles | 24 | €39,266 | €21,915 | -€17,351 | -44.2% |
| Current assets | 29/58 | €30,013 | €30,628 | +€615 | +2.0% |
| Amounts receivable within one year | 40/41 | €27,357 | €23,943 | -€3,414 | -12.5% |
| Other amounts receivable | 41 | €27,357 | €23,943 | -€3,414 | -12.5% |
| Cash at bank and in hand | 54/58 | €1,938 | €6,114 | +€4,176 | +215.5% |
| Deferred charges and accrued income | 490/1 | €719 | €572 | -€147 | -20.4% |
| Total equity and liabilities | 10/49 | €774,979 | €708,569 | -€66,410 | -8.6% |
| Equity | 10/15 | €406,588 | €435,665 | +€29,077 | +7.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €358,864 | €374,165 | +€15,301 | +4.3% |
| Non-distributable reserves | 130/1 | €24,230 | €24,230 | = | 0.0% |
| Legal reserve | 130 | €24,230 | €24,230 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,532 | €24,532 | = | 0.0% |
| Distributable reserves | 133 | €310,102 | €325,403 | +€15,301 | +4.9% |
| Profit (loss) carried forward | 14 | -€13,777 | - | +€13,777 | |
| Amounts payable | 17/49 | €368,391 | €272,904 | -€95,487 | -25.9% |
| Amounts payable after more than one year | 17 | €271,363 | €227,258 | -€44,106 | -16.3% |
| Financial debts | 170/4 | €271,363 | €227,258 | -€44,106 | -16.3% |
| Amounts payable within one year | 42/48 | €96,434 | €45,052 | -€51,382 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €51,747 | €44,106 | -€7,642 | -14.8% |
| Trade debts | 44 | €10,669 | €646 | -€10,023 | -93.9% |
| Suppliers | 440/4 | €10,669 | €646 | -€10,023 | -93.9% |
| Taxes, remuneration and social security | 45 | €11,469 | €300 | -€11,169 | -97.4% |
| Taxes | 450/3 | €11,469 | €300 | -€11,169 | -97.4% |
| Other amounts payable | 47/48 | €22,548 | - | -€22,548 | |
| Accrued charges and deferred income | 492/3 | €594 | €594 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,266 | €67,025 | +€4,759 | +7.6% |
| Other operating charges | 640/8 | €18,170 | €14,818 | -€3,352 | -18.4% |
| Gross operating margin | 9900 | €149,705 | €136,484 | -€13,221 | -8.8% |
| Operating profit (loss) | 9901 | €69,269 | €54,641 | -€14,628 | -21.1% |
| Financial income | 75/76B | €136 | €40 | -€95 | -70.3% |
| Recurring financial income | 75 | €136 | €40 | -€95 | -70.3% |
| Financial charges | 65/66B | €11,015 | €11,563 | +€547 | +5.0% |
| Recurring financial charges | 65 | €11,015 | €11,463 | +€447 | +4.1% |
| Non-recurring financial charges | 66B | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | €58,389 | €43,118 | -€15,270 | -26.2% |
| Income taxes | 67/77 | €18,316 | €14,041 | -€4,274 | -23.3% |
| Profit (loss) for the period | 9904 | €40,073 | €29,077 | -€10,996 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,073 | €29,077 | -€10,996 | -27.4% |
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 12 October 2026 via checked.be.