MIM: what changed
MIM
Largest movements
- Receivables within one year +€9,861
up €9,861 (+165%), from €5,992 to €15,852
of which Trade receivables: +€9,229
- Cash -€3,424
down €3,424 (-22.5%), from €15,245 to €11,821
mainly Receivables within one year (-€9,861) and Tax, wage and social debts (-€4,958)
- Tangible fixed assets -€895
down €895 (-42.2%), from €2,120 to €1,225
of which Furniture and vehicles: -€700
- Deferred charges and accrued income +€419
up €419 (+36.1%), from €1,158 to €1,577
- Profit (loss) carried forward +€11,438
up €11,438 (+14.2%), from -€80,697 to -€69,259
- Tax, wage and social debts -€4,958
down €4,958 (-17.8%), from €27,899 to €22,941
of which Taxes: -€5,358
- Trade debts -€3,911
down €3,911 (-42.2%), from €9,277 to €5,366
- Other debts +€3,266
up €3,266 (+6.6%), from €49,303 to €52,569
- Gross operating margin +€21,542
up €21,542, from -€585 to €20,957
- Staff costs +€5,736
up €5,736 (+8,764%), from €65 to €5,801
- Other operating charges +€627
up €627 (+30.1%), from €2,081 to €2,708
- Depreciation +€525
up €525 (+142%), from €370 to €895
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,503 | €31,338 | +€5,835 | +22.9% |
| Fixed assets | 21/28 | €2,120 | €1,225 | -€895 | -42.2% |
| Tangible fixed assets | 22/27 | €2,120 | €1,225 | -€895 | -42.2% |
| Furniture and vehicles | 24 | €1,925 | €1,225 | -€700 | -36.4% |
| Other tangible fixed assets | 26 | €195 | - | -€195 | |
| Current assets | 29/58 | €23,383 | €30,113 | +€6,730 | +28.8% |
| Stocks and contracts in progress | 3 | €989 | €863 | -€125 | -12.7% |
| Stocks | 30/36 | €989 | €863 | -€125 | -12.7% |
| Amounts receivable within one year | 40/41 | €5,992 | €15,852 | +€9,861 | +165% |
| Trade receivables | 40 | €2,341 | €11,570 | +€9,229 | +394% |
| Other amounts receivable | 41 | €3,651 | €4,282 | +€631 | +17.3% |
| Cash at bank and in hand | 54/58 | €15,245 | €11,821 | -€3,424 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,158 | €1,577 | +€419 | +36.1% |
| Total equity and liabilities | 10/49 | €25,503 | €31,338 | +€5,835 | +22.9% |
| Equity | 10/15 | -€60,976 | -€49,539 | +€11,438 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,120 | €1,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,120 | €1,120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,120 | €1,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,697 | -€69,259 | +€11,438 | +14.2% |
| Amounts payable | 17/49 | €86,479 | €80,877 | -€5,603 | -6.5% |
| Amounts payable within one year | 42/48 | €86,479 | €80,877 | -€5,603 | -6.5% |
| Trade debts | 44 | €9,277 | €5,366 | -€3,911 | -42.2% |
| Suppliers | 440/4 | €9,277 | €5,366 | -€3,911 | -42.2% |
| Taxes, remuneration and social security | 45 | €27,899 | €22,941 | -€4,958 | -17.8% |
| Taxes | 450/3 | €5,899 | €541 | -€5,358 | -90.8% |
| Remuneration and social security | 454/9 | €22,000 | €22,400 | +€400 | +1.8% |
| Other amounts payable | 47/48 | €49,303 | €52,569 | +€3,266 | +6.6% |
| Non-recurring operating income | 76A | €207 | €207 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €65 | €5,801 | +€5,736 | +8,764% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | €895 | +€525 | +142% |
| Other operating charges | 640/8 | €2,081 | €2,708 | +€627 | +30.1% |
| Gross operating margin | 9900 | -€585 | €20,957 | +€21,542 | |
| Operating profit (loss) | 9901 | -€3,101 | €11,553 | +€14,654 | |
| Financial income | 75/76B | €0 | €9 | +€9 | +94,200% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +94,200% |
| Financial charges | 65/66B | €290 | €125 | -€165 | -57.0% |
| Recurring financial charges | 65 | €290 | €125 | -€165 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,391 | €11,438 | +€14,829 | |
| Profit (loss) for the period | 9904 | -€3,391 | €11,438 | +€14,829 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,391 | €11,438 | +€14,829 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.