MIMOSA: 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.
MIMOSA
Largest movements
- Stocks and contracts +€75,732
up €75,732 (+23.4%), from €324,313 to €400,045
- Tangible fixed assets +€14,436
up €14,436 (+58.9%), from €24,492 to €38,928
of which Other tangible fixed assets: +€11,737
- Receivables within one year +€10,026
up €10,026 (+9.7%), from €103,225 to €113,251
of which Trade receivables: +€16,680
- Other debts +€40,990
up €40,990 (+44.5%), from €92,169 to €133,159
- Profit (loss) carried forward +€33,676
up €33,676 (+68.2%), from -€49,344 to -€15,667
- Trade debts +€19,265
up €19,265 (+9.0%), from €214,514 to €233,779
- Short-term financial debts -€16,676
down €16,676 (-82.7%), from €20,165 to €3,488
- Debts after one year +€12,978
up €12,978 (+24.4%), from €53,185 to €66,162
- Gross operating margin +€94,919
up €94,919 (+607%), from €15,631 to €110,550
- Write-downs +€18,899
new in 2025: €18,899
- Financial charges -€10,725
down €10,725 (-63.4%), from €16,927 to €6,202
- Depreciation +€4,524
up €4,524 (+394%), from €1,147 to €5,671
- Staff costs +€3,917
up €3,917 (+9.8%), from €40,068 to €43,985
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,283 | €556,474 | +€103,191 | +22.8% |
| Fixed assets | 21/28 | €24,542 | €38,978 | +€14,436 | +58.8% |
| Tangible fixed assets | 22/27 | €24,492 | €38,928 | +€14,436 | +58.9% |
| Furniture and vehicles | 24 | €3,284 | €5,983 | +€2,699 | +82.2% |
| Other tangible fixed assets | 26 | €21,208 | €32,945 | +€11,737 | +55.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €428,741 | €517,496 | +€88,755 | +20.7% |
| Stocks and contracts in progress | 3 | €324,313 | €400,045 | +€75,732 | +23.4% |
| Stocks | 30/36 | €324,313 | €400,045 | +€75,732 | +23.4% |
| Amounts receivable within one year | 40/41 | €103,225 | €113,251 | +€10,026 | +9.7% |
| Trade receivables | 40 | €94,317 | €110,998 | +€16,680 | +17.7% |
| Other amounts receivable | 41 | €8,907 | €2,253 | -€6,654 | -74.7% |
| Deferred charges and accrued income | 490/1 | €1,203 | €4,200 | +€2,997 | +249% |
| Total equity and liabilities | 10/49 | €453,283 | €556,474 | +€103,191 | +22.8% |
| Equity | 10/15 | €50,088 | €83,764 | +€33,676 | +67.2% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Capital | 10 | €80,600 | €80,600 | = | 0.0% |
| Issued capital | 100 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €18,831 | €18,831 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €6,224 | €6,224 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,368 | €12,368 | = | 0.0% |
| Distributable reserves | 133 | €239 | €239 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,344 | -€15,667 | +€33,676 | +68.2% |
| Amounts payable | 17/49 | €403,195 | €472,710 | +€69,515 | +17.2% |
| Amounts payable after more than one year | 17 | €53,185 | €66,162 | +€12,978 | +24.4% |
| Financial debts | 170/4 | €53,185 | €66,162 | +€12,978 | +24.4% |
| Amounts payable within one year | 42/48 | €349,600 | €406,348 | +€56,748 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €15,463 | €22,111 | +€6,648 | +43.0% |
| Financial debts | 43 | €20,165 | €3,488 | -€16,676 | -82.7% |
| Credit institutions | 430/8 | €20,165 | €3,488 | -€16,676 | -82.7% |
| Trade debts | 44 | €214,514 | €233,779 | +€19,265 | +9.0% |
| Suppliers | 440/4 | €214,514 | €233,779 | +€19,265 | +9.0% |
| Taxes, remuneration and social security | 45 | €7,290 | €13,811 | +€6,521 | +89.4% |
| Taxes | 450/3 | €383 | €6,444 | +€6,061 | +1,581% |
| Remuneration and social security | 454/9 | €6,907 | €7,367 | +€460 | +6.7% |
| Other amounts payable | 47/48 | €92,169 | €133,159 | +€40,990 | +44.5% |
| Accrued charges and deferred income | 492/3 | €410 | €200 | -€210 | -51.3% |
| Remuneration, social security and pensions | 62 | €40,068 | €43,985 | +€3,917 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,147 | €5,671 | +€4,524 | +394% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,899 | +€18,899 | |
| Other operating charges | 640/8 | €2,435 | €1,942 | -€493 | -20.2% |
| Non-recurring operating charges | 66A | €14,763 | - | -€14,763 | |
| Gross operating margin | 9900 | €15,631 | €110,550 | +€94,919 | +607% |
| Operating profit (loss) | 9901 | -€42,782 | €40,053 | +€82,835 | |
| Financial income | 75/76B | - | €217 | +€217 | |
| Recurring financial income | 75 | - | €217 | +€217 | |
| Financial charges | 65/66B | €16,927 | €6,202 | -€10,725 | -63.4% |
| Recurring financial charges | 65 | €16,927 | €6,202 | -€10,725 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,710 | €34,067 | +€93,777 | |
| Income taxes | 67/77 | €383 | €391 | +€8 | +2.1% |
| Profit (loss) for the period | 9904 | -€60,093 | €33,676 | +€93,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,093 | €33,676 | +€93,769 |
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 18 October 2026 via checked.be.