MIKY: 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.
MIKY
Largest movements
- Cash +€10,812
up €10,812 (+82.0%), from €13,184 to €23,996
mainly Tax, wage and social debts (+€22,674) and Other debts (+€12,155)
- Receivables within one year +€3,644
up €3,644 (+71.6%), from €5,088 to €8,732
of which Trade receivables: +€3,068
- Stocks and contracts +€2,153
up €2,153 (+52.1%), from €4,132 to €6,285
- Tax, wage and social debts +€22,674
up €22,674 (+100.3%), from €22,599 to €45,273
of which Remuneration and social security: +€16,848
- Profit (loss) carried forward -€15,399
down €15,399 (-98.0%), from -€15,712 to -€31,111
- Other debts +€12,155
new in 2025: €12,155
- Trade debts -€2,437
down €2,437 (-52.1%), from €4,675 to €2,238
- Staff costs -€16,041
down €16,041 (-25.3%), from €63,482 to €47,441
- Gross operating margin -€5,588
down €5,588 (-11.5%), from €48,518 to €42,930
- Depreciation +€1,498
up €1,498 (+51.8%), from €2,890 to €4,388
- Other operating charges +€1,331
up €1,331 (+42.1%), from €3,161 to €4,492
- Financial charges +€1,257
up €1,257 (+167.5%), from €751 to €2,008
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 | €32,022 | €49,014 | +€16,992 | +53.1% |
| Fixed assets | 21/28 | €9,618 | €10,000 | +€383 | +4.0% |
| Tangible fixed assets | 22/27 | €5,248 | €5,631 | +€383 | +7.3% |
| Land and buildings | 22 | €1,288 | €1,002 | -€285 | -22.2% |
| Plant, machinery and equipment | 23 | €1,589 | €866 | -€723 | -45.5% |
| Furniture and vehicles | 24 | €2,371 | €3,762 | +€1,391 | +58.7% |
| Financial fixed assets | 28 | €4,369 | €4,369 | = | 0.0% |
| Current assets | 29/58 | €22,404 | €39,014 | +€16,609 | +74.1% |
| Stocks and contracts in progress | 3 | €4,132 | €6,285 | +€2,153 | +52.1% |
| Stocks | 30/36 | €4,132 | €6,285 | +€2,153 | +52.1% |
| Amounts receivable within one year | 40/41 | €5,088 | €8,732 | +€3,644 | +71.6% |
| Trade receivables | 40 | €2,220 | €5,288 | +€3,068 | +138.2% |
| Other amounts receivable | 41 | €2,869 | €3,444 | +€576 | +20.1% |
| Cash at bank and in hand | 54/58 | €13,184 | €23,996 | +€10,812 | +82.0% |
| Total equity and liabilities | 10/49 | €32,022 | €49,014 | +€16,992 | +53.1% |
| Equity | 10/15 | €4,748 | -€10,651 | -€15,399 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,712 | -€31,111 | -€15,399 | -98.0% |
| Amounts payable | 17/49 | €27,274 | €59,666 | +€32,392 | +118.8% |
| Amounts payable within one year | 42/48 | €27,274 | €59,666 | +€32,392 | +118.8% |
| Trade debts | 44 | €4,675 | €2,238 | -€2,437 | -52.1% |
| Suppliers | 440/4 | €4,675 | €2,238 | -€2,437 | -52.1% |
| Taxes, remuneration and social security | 45 | €22,599 | €45,273 | +€22,674 | +100.3% |
| Taxes | 450/3 | €12,889 | €18,715 | +€5,826 | +45.2% |
| Remuneration and social security | 454/9 | €9,710 | €26,558 | +€16,848 | +173.5% |
| Other amounts payable | 47/48 | - | €12,155 | +€12,155 | |
| Remuneration, social security and pensions | 62 | €63,482 | €47,441 | -€16,041 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,890 | €4,388 | +€1,498 | +51.8% |
| Other operating charges | 640/8 | €3,161 | €4,492 | +€1,331 | +42.1% |
| Gross operating margin | 9900 | €48,518 | €42,930 | -€5,588 | -11.5% |
| Operating profit (loss) | 9901 | -€21,015 | -€13,391 | +€7,624 | +36.3% |
| Financial charges | 65/66B | €751 | €2,008 | +€1,257 | +167.5% |
| Recurring financial charges | 65 | €751 | €2,008 | +€1,257 | +167.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,766 | -€15,399 | +€6,367 | +29.3% |
| Profit (loss) for the period | 9904 | -€21,766 | -€15,399 | +€6,367 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,766 | -€15,399 | +€6,367 | +29.3% |
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 9 October 2026 via checked.be.