MIMS: 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.
MIMS
Largest movements
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Tangible fixed assets +€174,446
up €174,446 (+16.7%), from €1.0m to €1.2m
of which Land and buildings: +€220,978
- Receivables within one year +€87,791
up €87,791 (+3973.3%), from €2,210 to €90,000
of which Other amounts receivable: +€88,500
- Debts after one year +€172,050
up €172,050 (+22.1%), from €778,149 to €950,199
- Profit (loss) carried forward -€169,939
down €169,939 (-100.0%), from €169,939 to €0
- Other debts -€101,058
down €101,058 (-29.1%), from €347,321 to €246,263
- Reserves +€97,064
new in 2025: €97,064
- Tax, wage and social debts +€77,585
up €77,585 (+203.3%), from €38,169 to €115,753
of which Taxes: +€77,198
- Gross operating margin +€219,137
up €219,137 (+29.9%), from €731,787 to €950,924
- Depreciation +€40,083
up €40,083 (+53.1%), from €75,505 to €115,588
- Staff costs +€37,566
up €37,566 (+39.0%), from €96,428 to €133,994
- Taxes +€34,997
up €34,997 (+25.7%), from €136,118 to €171,115
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 | €1,431,685 | €1,506,386 | +€74,701 | +5.2% |
| Fixed assets | 21/28 | €1,045,660 | €1,220,106 | +€174,446 | +16.7% |
| Tangible fixed assets | 22/27 | €1,045,660 | €1,220,106 | +€174,446 | +16.7% |
| Land and buildings | 22 | €778,499 | €999,477 | +€220,978 | +28.4% |
| Plant, machinery and equipment | 23 | €142,810 | €114,898 | -€27,912 | -19.5% |
| Furniture and vehicles | 24 | €124,350 | €105,731 | -€18,619 | -15.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €386,025 | €286,280 | -€99,745 | -25.8% |
| Amounts receivable within one year | 40/41 | €2,210 | €90,000 | +€87,791 | +3973.3% |
| Trade receivables | 40 | €710 | €0 | -€710 | -100.0% |
| Other amounts receivable | 41 | €1,500 | €90,000 | +€88,500 | +5900.0% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €180,027 | €190,139 | +€10,111 | +5.6% |
| Deferred charges and accrued income | 490/1 | €3,789 | €6,142 | +€2,353 | +62.1% |
| Total equity and liabilities | 10/49 | €1,431,685 | €1,506,386 | +€74,701 | +5.2% |
| Equity | 10/15 | €170,939 | €98,064 | -€72,875 | -42.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €97,064 | +€97,064 | |
| Distributable reserves | 133 | - | €97,064 | +€97,064 | |
| Profit (loss) carried forward | 14 | €169,939 | €0 | -€169,939 | -100.0% |
| Amounts payable | 17/49 | €1,260,747 | €1,408,323 | +€147,576 | +11.7% |
| Amounts payable after more than one year | 17 | €778,149 | €950,199 | +€172,050 | +22.1% |
| Financial debts | 170/4 | €778,149 | €950,199 | +€172,050 | +22.1% |
| Amounts payable within one year | 42/48 | €482,598 | €458,069 | -€24,529 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €67,684 | €77,623 | +€9,938 | +14.7% |
| Trade debts | 44 | €29,424 | €18,430 | -€10,994 | -37.4% |
| Suppliers | 440/4 | €29,424 | €18,430 | -€10,994 | -37.4% |
| Taxes, remuneration and social security | 45 | €38,169 | €115,753 | +€77,585 | +203.3% |
| Taxes | 450/3 | €26,118 | €103,315 | +€77,198 | +295.6% |
| Remuneration and social security | 454/9 | €12,051 | €12,438 | +€387 | +3.2% |
| Other amounts payable | 47/48 | €347,321 | €246,263 | -€101,058 | -29.1% |
| Accrued charges and deferred income | 492/3 | - | €55 | +€55 | |
| Remuneration, social security and pensions | 62 | €96,428 | €133,994 | +€37,566 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,505 | €115,588 | +€40,083 | +53.1% |
| Other operating charges | 640/8 | €4,416 | €6,290 | +€1,874 | +42.4% |
| Non-recurring operating charges | 66A | - | €8,069 | +€8,069 | |
| Gross operating margin | 9900 | €731,787 | €950,924 | +€219,137 | +29.9% |
| Operating profit (loss) | 9901 | €555,438 | €686,985 | +€131,546 | +23.7% |
| Financial income | 75/76B | €0 | €3,611 | +€3,611 | |
| Recurring financial income | 75 | €0 | €3,611 | +€3,611 | |
| Financial charges | 65/66B | €12,934 | €17,356 | +€4,422 | +34.2% |
| Recurring financial charges | 65 | €12,934 | €17,356 | +€4,422 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €542,504 | €673,240 | +€130,736 | +24.1% |
| Income taxes | 67/77 | €136,118 | €171,115 | +€34,997 | +25.7% |
| Profit (loss) for the period | 9904 | €406,386 | €502,125 | +€95,739 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €406,386 | €502,125 | +€95,739 | +23.6% |
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 1 October 2026 via checked.be.