MIMALEO: 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.
MIMALEO
Largest movements
- Receivables within one year -€31,016
down €31,016 (-21.1%), from €147,237 to €116,221
- Cash -€24,993
down €24,993 (-49.6%), from €50,440 to €25,447
mainly Contributions, distributions and other (-€65,500) and Receivables after one year (-€15,000)
- Receivables after one year +€15,000
new in 2025: €15,000
- Reserves -€43,196
down €43,196 (-5.4%), from €804,335 to €761,139
- Financial income -€503,323
down €503,323 (-98.5%), from €510,920 to €7,597
of which Non-recurring financial income: -€450,182
- Taxes -€43,197
down €43,197 (-71.1%), from €60,788 to €17,590
- Financial charges -€8,793
down €8,793 (-36.1%), from €24,367 to €15,574
- Gross operating margin -€3,539
down €3,539 (-5.4%), from €65,559 to €62,020
- Depreciation -€2,391
down €2,391 (-16.6%), from €14,398 to €12,006
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 | €1,286,928 | €1,236,987 | -€49,941 | -3.9% |
| Fixed assets | 21/28 | €1,086,411 | €1,077,595 | -€8,816 | -0.8% |
| Tangible fixed assets | 22/27 | €13,397 | €4,582 | -€8,816 | -65.8% |
| Plant, machinery and equipment | 23 | €1,678 | €1,389 | -€289 | -17.2% |
| Furniture and vehicles | 24 | €11,719 | €3,192 | -€8,527 | -72.8% |
| Financial fixed assets | 28 | €1,073,013 | €1,073,013 | = | 0.0% |
| Current assets | 29/58 | €200,518 | €159,392 | -€41,126 | -20.5% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €147,237 | €116,221 | -€31,016 | -21.1% |
| Other amounts receivable | 41 | €147,237 | €116,221 | -€31,016 | -21.1% |
| Cash at bank and in hand | 54/58 | €50,440 | €25,447 | -€24,993 | -49.6% |
| Deferred charges and accrued income | 490/1 | €2,841 | €2,725 | -€117 | -4.1% |
| Total equity and liabilities | 10/49 | €1,286,928 | €1,236,987 | -€49,941 | -3.9% |
| Equity | 10/15 | €865,163 | €821,966 | -€43,196 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €804,335 | €761,139 | -€43,196 | -5.4% |
| Distributable reserves | 133 | €804,335 | €761,139 | -€43,196 | -5.4% |
| Profit (loss) carried forward | 14 | €54,628 | €54,628 | = | 0.0% |
| Amounts payable | 17/49 | €421,766 | €415,021 | -€6,745 | -1.6% |
| Amounts payable after more than one year | 17 | €393,107 | €387,911 | -€5,195 | -1.3% |
| Financial debts | 170/4 | €9,707 | €4,511 | -€5,195 | -53.5% |
| Other amounts payable | 178/9 | €383,400 | €383,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,453 | €17,453 | -€8,000 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €4,967 | €5,195 | +€228 | +4.6% |
| Financial debts | 43 | €6,110 | €6,047 | -€63 | -1.0% |
| Other loans | 439 | €6,110 | €6,047 | -€63 | -1.0% |
| Trade debts | 44 | €1,779 | €2,829 | +€1,049 | +59.0% |
| Suppliers | 440/4 | €1,779 | €2,829 | +€1,049 | +59.0% |
| Taxes, remuneration and social security | 45 | €12,596 | €3,382 | -€9,214 | -73.1% |
| Taxes | 450/3 | €12,596 | €3,382 | -€9,214 | -73.1% |
| Accrued charges and deferred income | 492/3 | €3,206 | €9,656 | +€6,450 | +201.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,398 | €12,006 | -€2,391 | -16.6% |
| Other operating charges | 640/8 | €1,023 | €2,143 | +€1,120 | +109.4% |
| Gross operating margin | 9900 | €65,559 | €62,020 | -€3,539 | -5.4% |
| Operating profit (loss) | 9901 | €50,138 | €47,871 | -€2,267 | -4.5% |
| Financial income | 75/76B | €510,920 | €7,597 | -€503,323 | -98.5% |
| Recurring financial income | 75 | €60,739 | €7,597 | -€53,141 | -87.5% |
| Non-recurring financial income | 76B | €450,182 | - | -€450,182 | |
| Financial charges | 65/66B | €24,367 | €15,574 | -€8,793 | -36.1% |
| Recurring financial charges | 65 | €24,367 | €15,574 | -€8,793 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €536,691 | €39,894 | -€496,797 | -92.6% |
| Income taxes | 67/77 | €60,788 | €17,590 | -€43,197 | -71.1% |
| Profit (loss) for the period | 9904 | €475,904 | €22,304 | -€453,600 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €475,904 | €22,304 | -€453,600 | -95.3% |
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 7 October 2026 via checked.be.