MIMALAGEO: 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.
MIMALAGEO
Largest movements
- Receivables within one year +€37,973
up €37,973 (+923.2%), from €4,113 to €42,087
of which Other amounts receivable: +€22,648
- Intangible fixed assets -€10,000
down €10,000 (-10.5%), from €95,000 to €85,000
- Cash -€8,680
down €8,680 (-99.6%), from €8,718 to €38
mainly Receivables within one year (-€37,973) and Stocks and contracts (-€3,756)
- Stocks and contracts +€3,756
up €3,756 (+57.9%), from €6,487 to €10,243
- Tax, wage and social debts +€20,245
up €20,245 (+181.6%), from €11,151 to €31,395
of which Taxes: +€13,670
- Trade debts +€7,761
up €7,761 (+82.5%), from €9,405 to €17,166
- Debts after one year -€3,526
down €3,526 (-3.7%), from €95,801 to €92,275
- Other debts -€3,445
no longer reported in 2025 (was €3,445)
- Profit (loss) carried forward +€1,689
up €1,689 (+13.9%), from -€12,183 to -€10,494
- Gross operating margin +€83,908
up €83,908 (+312.1%), from €26,886 to €110,794
- Staff costs +€61,655
up €61,655 (+241.5%), from €25,530 to €87,184
- Financial charges +€5,370
up €5,370 (+95.3%), from €5,635 to €11,005
- Depreciation +€5,000
up €5,000 (+100.0%), from €5,000 to €10,000
- Other operating charges -€1,677
down €1,677 (-57.5%), from €2,915 to €1,238
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 | €114,318 | €137,368 | +€23,050 | +20.2% |
| Fixed assets | 21/28 | €95,000 | €85,000 | -€10,000 | -10.5% |
| Intangible fixed assets | 21 | €95,000 | €85,000 | -€10,000 | -10.5% |
| Current assets | 29/58 | €19,318 | €52,368 | +€33,050 | +171.1% |
| Stocks and contracts in progress | 3 | €6,487 | €10,243 | +€3,756 | +57.9% |
| Stocks | 30/36 | €6,487 | €10,243 | +€3,756 | +57.9% |
| Amounts receivable within one year | 40/41 | €4,113 | €42,087 | +€37,973 | +923.2% |
| Trade receivables | 40 | €4,113 | €19,439 | +€15,326 | +372.6% |
| Other amounts receivable | 41 | - | €22,648 | +€22,648 | |
| Cash at bank and in hand | 54/58 | €8,718 | €38 | -€8,680 | -99.6% |
| Total equity and liabilities | 10/49 | €114,318 | €137,368 | +€23,050 | +20.2% |
| Equity | 10/15 | -€8,683 | -€6,994 | +€1,689 | +19.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,183 | -€10,494 | +€1,689 | +13.9% |
| Amounts payable | 17/49 | €123,002 | €144,362 | +€21,361 | +17.4% |
| Amounts payable after more than one year | 17 | €95,801 | €92,275 | -€3,526 | -3.7% |
| Financial debts | 170/4 | €95,801 | €92,275 | -€3,526 | -3.7% |
| Amounts payable within one year | 42/48 | €27,201 | €52,087 | +€24,887 | +91.5% |
| Current portion of amounts payable after more than one year | 42 | €3,200 | €3,526 | +€326 | +10.2% |
| Trade debts | 44 | €9,405 | €17,166 | +€7,761 | +82.5% |
| Suppliers | 440/4 | €9,405 | €17,166 | +€7,761 | +82.5% |
| Taxes, remuneration and social security | 45 | €11,151 | €31,395 | +€20,245 | +181.6% |
| Taxes | 450/3 | €7,682 | €21,352 | +€13,670 | +178.0% |
| Remuneration and social security | 454/9 | €3,469 | €10,044 | +€6,575 | +189.5% |
| Other amounts payable | 47/48 | €3,445 | - | -€3,445 | |
| Remuneration, social security and pensions | 62 | €25,530 | €87,184 | +€61,655 | +241.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €10,000 | +€5,000 | +100.0% |
| Other operating charges | 640/8 | €2,915 | €1,238 | -€1,677 | -57.5% |
| Gross operating margin | 9900 | €26,886 | €110,794 | +€83,908 | +312.1% |
| Operating profit (loss) | 9901 | -€6,559 | €12,371 | +€18,930 | |
| Financial income | 75/76B | €10 | €323 | +€313 | +3100.9% |
| Recurring financial income | 75 | €10 | €323 | +€313 | +3100.9% |
| Financial charges | 65/66B | €5,635 | €11,005 | +€5,370 | +95.3% |
| Recurring financial charges | 65 | €5,635 | €11,005 | +€5,370 | +95.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,183 | €1,689 | +€13,873 | |
| Profit (loss) for the period | 9904 | -€12,183 | €1,689 | +€13,873 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,183 | €1,689 | +€13,873 |
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 8 October 2026 via checked.be.