Mimuze: 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.
Mimuze
Largest movements
- Tangible fixed assets -€75,314
down €75,314 (-8.5%), from €884,332 to €809,018
of which Land and buildings: -€47,057
- Stocks and contracts +€66,669
up €66,669 (+19.9%), from €334,448 to €401,116
- Receivables within one year +€35,725
up €35,725 (+192.2%), from €18,591 to €54,316
of which Trade receivables: +€24,659
- Cash -€16,325
down €16,325 (-20.6%), from €79,112 to €62,787
mainly Stocks and contracts (-€66,669) and Debts after one year (-€53,387)
- Debts after one year -€53,387
down €53,387 (-6.5%), from €816,632 to €763,245
- Trade debts +€35,969
up €35,969 (+66.8%), from €53,808 to €89,777
- Short-term financial debts +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Current portion of long-term debt -€15,177
down €15,177 (-21.6%), from €70,210 to €55,033
- Gross operating margin +€35,743
up €35,743 (+25.6%), from €139,638 to €175,382
- Staff costs +€10,460
up €10,460 (+20.5%), from €51,098 to €61,559
- Financial income -€3,119
down €3,119 (-43.1%), from €7,234 to €4,115
- Financial charges -€2,811
down €2,811 (-10.5%), from €26,672 to €23,861
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 | €1,330,230 | €1,335,470 | +€5,239 | +0.4% |
| Fixed assets | 21/28 | €884,751 | €809,437 | -€75,314 | -8.5% |
| Tangible fixed assets | 22/27 | €884,332 | €809,018 | -€75,314 | -8.5% |
| Land and buildings | 22 | €723,985 | €676,928 | -€47,057 | -6.5% |
| Plant, machinery and equipment | 23 | €14,909 | €12,024 | -€2,885 | -19.4% |
| Furniture and vehicles | 24 | €7,585 | €1,392 | -€6,194 | -81.7% |
| Other tangible fixed assets | 26 | €137,853 | €118,675 | -€19,177 | -13.9% |
| Financial fixed assets | 28 | €419 | €419 | = | 0.0% |
| Current assets | 29/58 | €445,480 | €526,033 | +€80,553 | +18.1% |
| Stocks and contracts in progress | 3 | €334,448 | €401,116 | +€66,669 | +19.9% |
| Stocks | 30/36 | €334,448 | €401,116 | +€66,669 | +19.9% |
| Amounts receivable within one year | 40/41 | €18,591 | €54,316 | +€35,725 | +192.2% |
| Trade receivables | 40 | €9,070 | €33,728 | +€24,659 | +271.9% |
| Other amounts receivable | 41 | €9,522 | €20,588 | +€11,066 | +116.2% |
| Cash at bank and in hand | 54/58 | €79,112 | €62,787 | -€16,325 | -20.6% |
| Deferred charges and accrued income | 490/1 | €13,329 | €7,813 | -€5,516 | -41.4% |
| Total equity and liabilities | 10/49 | €1,330,230 | €1,335,470 | +€5,239 | +0.4% |
| Equity | 10/15 | €158,216 | €163,218 | +€5,002 | +3.2% |
| Contributions | 10/11 | €110,600 | €110,600 | = | 0.0% |
| Reserves | 13 | €59,874 | €59,874 | = | 0.0% |
| Distributable reserves | 133 | €59,874 | €59,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,258 | -€7,256 | +€5,002 | +40.8% |
| Amounts payable | 17/49 | €1,172,014 | €1,172,252 | +€237 | 0.0% |
| Amounts payable after more than one year | 17 | €816,632 | €763,245 | -€53,387 | -6.5% |
| Financial debts | 170/4 | €816,632 | €763,245 | -€53,387 | -6.5% |
| Amounts payable within one year | 42/48 | €355,383 | €409,007 | +€53,624 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €70,210 | €55,033 | -€15,177 | -21.6% |
| Financial debts | 43 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Credit institutions | 430/8 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Trade debts | 44 | €53,808 | €89,777 | +€35,969 | +66.8% |
| Suppliers | 440/4 | €53,808 | €89,777 | +€35,969 | +66.8% |
| Taxes, remuneration and social security | 45 | €40,978 | €48,358 | +€7,380 | +18.0% |
| Taxes | 450/3 | €25,582 | €32,176 | +€6,594 | +25.8% |
| Remuneration and social security | 454/9 | €15,396 | €16,182 | +€787 | +5.1% |
| Other amounts payable | 47/48 | €115,387 | €115,839 | +€452 | +0.4% |
| Remuneration, social security and pensions | 62 | €51,098 | €61,559 | +€10,460 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,835 | €79,274 | +€439 | +0.6% |
| Other operating charges | 640/8 | €9,152 | €9,282 | +€131 | +1.4% |
| Gross operating margin | 9900 | €139,638 | €175,382 | +€35,743 | +25.6% |
| Operating profit (loss) | 9901 | €553 | €25,267 | +€24,714 | +4469.8% |
| Financial income | 75/76B | €7,234 | €4,115 | -€3,119 | -43.1% |
| Recurring financial income | 75 | €7,234 | €4,115 | -€3,119 | -43.1% |
| Financial charges | 65/66B | €26,672 | €23,861 | -€2,811 | -10.5% |
| Recurring financial charges | 65 | €26,672 | €23,861 | -€2,811 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,885 | €5,521 | +€24,406 | |
| Income taxes | 67/77 | €478 | €519 | +€41 | +8.5% |
| Profit (loss) for the period | 9904 | -€19,364 | €5,002 | +€24,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,364 | €5,002 | +€24,366 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.