MIMCO: 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.
MIMCO
Largest movements
- Cash +€25,304
up €25,304 (+295.5%), from €8,563 to €33,867
mainly Net result for the year (+€23,044) and Depreciation (+€3,130)
- Tangible fixed assets -€3,130
down €3,130 (-5.5%), from €56,409 to €53,279
- Reserves +€23,044
up €23,044 (+13.7%), from €168,429 to €191,473
- Gross operating margin -€4,890
down €4,890 (-10.6%), from €46,320 to €41,430
- Taxes -€1,688
down €1,688 (-14.6%), from €11,579 to €9,891
- Financial charges -€646
down €646 (-22.5%), from €2,874 to €2,228
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,781 | €238,501 | +€20,719 | +9.5% |
| Fixed assets | 21/28 | €56,459 | €53,329 | -€3,130 | -5.5% |
| Tangible fixed assets | 22/27 | €56,409 | €53,279 | -€3,130 | -5.5% |
| Land and buildings | 22 | €56,409 | €53,279 | -€3,130 | -5.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €161,322 | €185,172 | +€23,850 | +14.8% |
| Amounts receivable within one year | 40/41 | €150,787 | €150,040 | -€747 | -0.5% |
| Trade receivables | 40 | €150,780 | €150,040 | -€740 | -0.5% |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €8,563 | €33,867 | +€25,304 | +295.5% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,265 | -€707 | -35.9% |
| Total equity and liabilities | 10/49 | €217,781 | €238,501 | +€20,719 | +9.5% |
| Equity | 10/15 | €186,979 | €210,023 | +€23,044 | +12.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €168,429 | €191,473 | +€23,044 | +13.7% |
| Distributable reserves | 133 | €168,429 | €191,473 | +€23,044 | +13.7% |
| Amounts payable | 17/49 | €30,803 | €28,478 | -€2,325 | -7.5% |
| Amounts payable within one year | 42/48 | €28,803 | €26,478 | -€2,325 | -8.1% |
| Trade debts | 44 | €2,973 | €1,251 | -€1,722 | -57.9% |
| Suppliers | 440/4 | €2,973 | €1,251 | -€1,722 | -57.9% |
| Taxes, remuneration and social security | 45 | €25,830 | €24,973 | -€856 | -3.3% |
| Taxes | 450/3 | €25,830 | €24,973 | -€856 | -3.3% |
| Other amounts payable | 47/48 | - | €254 | +€254 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,242 | €3,130 | -€112 | -3.4% |
| Other operating charges | 640/8 | €3,139 | €3,137 | -€2 | -0.1% |
| Gross operating margin | 9900 | €46,320 | €41,430 | -€4,890 | -10.6% |
| Operating profit (loss) | 9901 | €39,940 | €35,163 | -€4,777 | -12.0% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,874 | €2,228 | -€646 | -22.5% |
| Recurring financial charges | 65 | €2,874 | €2,228 | -€646 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €37,070 | €32,935 | -€4,135 | -11.2% |
| Income taxes | 67/77 | €11,579 | €9,891 | -€1,688 | -14.6% |
| Profit (loss) for the period | 9904 | €25,491 | €23,044 | -€2,447 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,491 | €23,044 | -€2,447 | -9.6% |
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 12 October 2026 via checked.be.