MIMACO: 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.
MIMACO
Largest movements
- Cash +€30,375
up €30,375 (+37.8%), from €80,459 to €110,834
mainly Net result for the year (+€36,885) and Tax, wage and social debts (+€4,181)
- Receivables within one year +€10,890
up €10,890 (+100.0%), from €10,890 to €21,780
- Reserves +€36,885
up €36,885 (+53.1%), from €69,492 to €106,377
- Tax, wage and social debts +€4,181
up €4,181 (+17.5%), from €23,877 to €28,058
- Gross operating margin -€8,635
down €8,635 (-15.1%), from €57,242 to €48,607
- Taxes -€1,069
down €1,069 (-9.0%), from €11,906 to €10,837
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 | €95,113 | €136,258 | +€41,145 | +43.3% |
| Fixed assets | 21/28 | €3,764 | €3,093 | -€671 | -17.8% |
| Tangible fixed assets | 22/27 | €3,764 | €3,093 | -€671 | -17.8% |
| Plant, machinery and equipment | 23 | €1,171 | €812 | -€360 | -30.7% |
| Other tangible fixed assets | 26 | €2,593 | €2,281 | -€312 | -12.0% |
| Current assets | 29/58 | €91,349 | €133,165 | +€41,816 | +45.8% |
| Amounts receivable within one year | 40/41 | €10,890 | €21,780 | +€10,890 | +100.0% |
| Trade receivables | 40 | €10,890 | €21,780 | +€10,890 | +100.0% |
| Cash at bank and in hand | 54/58 | €80,459 | €110,834 | +€30,375 | +37.8% |
| Deferred charges and accrued income | 490/1 | - | €551 | +€551 | |
| Total equity and liabilities | 10/49 | €95,113 | €136,258 | +€41,145 | +43.3% |
| Equity | 10/15 | €70,492 | €107,377 | +€36,885 | +52.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €69,492 | €106,377 | +€36,885 | +53.1% |
| Distributable reserves | 133 | €69,492 | €106,377 | +€36,885 | +53.1% |
| Amounts payable | 17/49 | €24,622 | €28,881 | +€4,260 | +17.3% |
| Amounts payable within one year | 42/48 | €24,622 | €28,881 | +€4,260 | +17.3% |
| Trade debts | 44 | €355 | €182 | -€173 | -48.6% |
| Suppliers | 440/4 | €355 | €182 | -€173 | -48.6% |
| Taxes, remuneration and social security | 45 | €23,877 | €28,058 | +€4,181 | +17.5% |
| Taxes | 450/3 | €23,877 | €28,058 | +€4,181 | +17.5% |
| Other amounts payable | 47/48 | €390 | €641 | +€251 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €671 | €671 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €173 | +€32 | +22.6% |
| Gross operating margin | 9900 | €57,242 | €48,607 | -€8,635 | -15.1% |
| Operating profit (loss) | 9901 | €56,429 | €47,763 | -€8,666 | -15.4% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €56,390 | €47,723 | -€8,668 | -15.4% |
| Income taxes | 67/77 | €11,906 | €10,837 | -€1,069 | -9.0% |
| Profit (loss) for the period | 9904 | €44,484 | €36,885 | -€7,599 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,484 | €36,885 | -€7,599 | -17.1% |
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 11 October 2026 via checked.be.