MIMOPA: 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.
MIMOPA
Largest movements
- Tangible fixed assets -€61,338
down €61,338 (-5.0%), from €1.2m to €1.2m
- Cash +€56,996
up €56,996 (+80.2%), from €71,085 to €128,081
mainly Depreciation (+€69,070) and Net result for the year (+€13,197)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€39,584
up €39,584 (+67.8%), from €58,424 to €98,008
- Taxes +€9,623
new in 2025: €9,623
- Depreciation -€1,816
down €1,816 (-2.6%), from €70,886 to €69,070
- Other operating charges +€1,161
up €1,161 (+10.9%), from €10,690 to €11,851
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 | €1,320,946 | €1,317,179 | -€3,767 | -0.3% |
| Fixed assets | 21/28 | €1,237,771 | €1,176,432 | -€61,338 | -5.0% |
| Tangible fixed assets | 22/27 | €1,237,771 | €1,176,432 | -€61,338 | -5.0% |
| Land and buildings | 22 | €1,237,771 | €1,176,432 | -€61,338 | -5.0% |
| Current assets | 29/58 | €83,175 | €140,747 | +€57,572 | +69.2% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €71,085 | €128,081 | +€56,996 | +80.2% |
| Deferred charges and accrued income | 490/1 | €2,090 | €2,666 | +€576 | +27.5% |
| Total equity and liabilities | 10/49 | €1,320,946 | €1,317,179 | -€3,767 | -0.3% |
| Equity | 10/15 | €1,229,071 | €1,242,268 | +€13,197 | +1.1% |
| Contributions | 10/11 | €53,000 | €53,000 | = | 0.0% |
| Reserves | 13 | €1,176,071 | €1,189,268 | +€13,197 | +1.1% |
| Tax-exempt reserves | 132 | €103,141 | €91,726 | -€11,416 | -11.1% |
| Distributable reserves | 133 | €1,072,930 | €1,097,542 | +€24,613 | +2.3% |
| Provisions and deferred taxes | 16 | €53,115 | €47,234 | -€5,881 | -11.1% |
| Deferred taxes | 168 | €53,115 | €47,234 | -€5,881 | -11.1% |
| Amounts payable | 17/49 | €38,759 | €27,677 | -€11,083 | -28.6% |
| Amounts payable after more than one year | 17 | €9,681 | €9,189 | -€492 | -5.1% |
| Other amounts payable | 178/9 | €9,681 | €9,189 | -€492 | -5.1% |
| Amounts payable within one year | 42/48 | €26,228 | €14,748 | -€11,481 | -43.8% |
| Trade debts | 44 | €721 | €34 | -€687 | -95.3% |
| Suppliers | 440/4 | €721 | €34 | -€687 | -95.3% |
| Taxes, remuneration and social security | 45 | - | €2,123 | +€2,123 | |
| Taxes | 450/3 | - | €2,123 | +€2,123 | |
| Other amounts payable | 47/48 | €25,507 | €12,591 | -€12,917 | -50.6% |
| Accrued charges and deferred income | 492/3 | €2,851 | €3,740 | +€889 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,886 | €69,070 | -€1,816 | -2.6% |
| Other operating charges | 640/8 | €10,690 | €11,851 | +€1,161 | +10.9% |
| Gross operating margin | 9900 | €58,424 | €98,008 | +€39,584 | +67.8% |
| Operating profit (loss) | 9901 | -€23,152 | €17,087 | +€40,239 | |
| Financial income | 75/76B | €2 | €2 | +€0 | +3.6% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +3.6% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,285 | €16,939 | +€40,224 | |
| Transfer from deferred taxes | 780 | €5,881 | €5,881 | = | 0.0% |
| Income taxes | 67/77 | - | €9,623 | +€9,623 | |
| Profit (loss) for the period | 9904 | -€17,404 | €13,197 | +€30,601 | |
| Transfer from tax-exempt reserves | 789 | €11,416 | €11,416 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,989 | €24,613 | +€30,601 |
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 4 October 2026 via checked.be.