MIMO: 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.
MIMO
Largest movements
- Tangible fixed assets -€32,128
down €32,128 (-3.8%), from €836,568 to €804,440
of which Land and buildings: -€31,128
- Cash +€23,666
up €23,666 (+310.1%), from €7,631 to €31,297
mainly Other debts (+€55,873) and Depreciation (+€32,128)
- Debts after one year -€111,361
down €111,361 (-8.1%), from €1.4m to €1.3m
- Other debts +€55,873
up €55,873 (+16.6%), from €335,598 to €391,471
- Profit (loss) carried forward +€25,543
up €25,543 (+22.9%), from €111,602 to €137,145
- Gross operating margin -€18,013
down €18,013 (-12.5%), from €144,013 to €126,000
- Financial charges -€16,286
down €16,286 (-22.0%), from €74,084 to €57,798
- Other operating charges -€5,401
down €5,401 (-39.1%), from €13,832 to €8,430
- Taxes +€2,100
new in 2025: €2,100
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 | €2,019,694 | €2,006,221 | -€13,473 | -0.7% |
| Fixed assets | 21/28 | €2,002,263 | €1,970,135 | -€32,128 | -1.6% |
| Tangible fixed assets | 22/27 | €836,568 | €804,440 | -€32,128 | -3.8% |
| Land and buildings | 22 | €828,327 | €797,199 | -€31,128 | -3.8% |
| Furniture and vehicles | 24 | €8,241 | €7,241 | -€1,000 | -12.1% |
| Financial fixed assets | 28 | €1,165,695 | €1,165,695 | = | 0.0% |
| Current assets | 29/58 | €17,431 | €36,086 | +€18,655 | +107.0% |
| Amounts receivable within one year | 40/41 | €5,139 | - | -€5,139 | |
| Other amounts receivable | 41 | €5,139 | - | -€5,139 | |
| Cash at bank and in hand | 54/58 | €7,631 | €31,297 | +€23,666 | +310.1% |
| Deferred charges and accrued income | 490/1 | €4,661 | €4,789 | +€127 | +2.7% |
| Total equity and liabilities | 10/49 | €2,019,694 | €2,006,221 | -€13,473 | -0.7% |
| Equity | 10/15 | €179,802 | €205,345 | +€25,543 | +14.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,602 | €137,145 | +€25,543 | +22.9% |
| Amounts payable | 17/49 | €1,839,893 | €1,800,876 | -€39,017 | -2.1% |
| Amounts payable after more than one year | 17 | €1,374,269 | €1,262,908 | -€111,361 | -8.1% |
| Financial debts | 170/4 | €1,374,269 | €1,262,908 | -€111,361 | -8.1% |
| Amounts payable within one year | 42/48 | €465,624 | €537,968 | +€72,345 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €104,682 | €117,546 | +€12,864 | +12.3% |
| Trade debts | 44 | €25,344 | €26,852 | +€1,508 | +5.9% |
| Suppliers | 440/4 | €25,344 | €26,852 | +€1,508 | +5.9% |
| Taxes, remuneration and social security | 45 | - | €2,100 | +€2,100 | |
| Taxes | 450/3 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €335,598 | €391,471 | +€55,873 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,128 | €32,128 | = | 0.0% |
| Other operating charges | 640/8 | €13,832 | €8,430 | -€5,401 | -39.1% |
| Gross operating margin | 9900 | €144,013 | €126,000 | -€18,013 | -12.5% |
| Operating profit (loss) | 9901 | €98,054 | €85,442 | -€12,612 | -12.9% |
| Financial charges | 65/66B | €74,084 | €57,798 | -€16,286 | -22.0% |
| Recurring financial charges | 65 | €74,084 | €57,798 | -€16,286 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €23,969 | €27,643 | +€3,674 | +15.3% |
| Income taxes | 67/77 | - | €2,100 | +€2,100 | |
| Profit (loss) for the period | 9904 | €23,969 | €25,543 | +€1,574 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,969 | €25,543 | +€1,574 | +6.6% |
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 6 October 2026 via checked.be.