MioCARD: 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.
MioCARD
Largest movements
- Cash +€98,470
up €98,470 (+130%), from €75,543 to €174,013
mainly Net result for the year (+€136,168) and Depreciation (+€8,027)
- Current investments +€30,000
up €30,000 (+19.7%), from €152,136 to €182,136
- Profit (loss) carried forward +€136,168
up €136,168 (+11,254%), from €1,210 to €137,378
- Debts after one year -€4,748
no longer reported in 2025 (was €4,748)
- Gross operating margin -€18,040
down €18,040 (-8.9%), from €202,095 to €184,055
- Taxes -€3,691
down €3,691 (-8.1%), from €45,733 to €42,042
- Depreciation +€2,294
up €2,294 (+40.0%), from €5,733 to €8,027
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
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 | €284,409 | €416,085 | +€131,676 | +46.3% |
| Fixed assets | 21/28 | €19,750 | €23,264 | +€3,514 | +17.8% |
| Tangible fixed assets | 22/27 | €19,750 | €23,264 | +€3,514 | +17.8% |
| Plant, machinery and equipment | 23 | €15,744 | €10,515 | -€5,229 | -33.2% |
| Furniture and vehicles | 24 | €4,007 | €10,201 | +€6,194 | +155% |
| Other tangible fixed assets | 26 | - | €2,548 | +€2,548 | |
| Current assets | 29/58 | €264,658 | €392,821 | +€128,162 | +48.4% |
| Amounts receivable within one year | 40/41 | €36,979 | €36,672 | -€307 | -0.8% |
| Trade receivables | 40 | €930 | - | -€930 | |
| Other amounts receivable | 41 | €36,049 | €36,672 | +€623 | +1.7% |
| Current investments | 50/53 | €152,136 | €182,136 | +€30,000 | +19.7% |
| Cash at bank and in hand | 54/58 | €75,543 | €174,013 | +€98,470 | +130% |
| Total equity and liabilities | 10/49 | €284,409 | €416,085 | +€131,676 | +46.3% |
| Equity | 10/15 | €258,210 | €394,378 | +€136,168 | +52.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €255,000 | €255,000 | = | 0.0% |
| Distributable reserves | 133 | €255,000 | €255,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,210 | €137,378 | +€136,168 | +11,254% |
| Amounts payable | 17/49 | €26,199 | €21,707 | -€4,491 | -17.1% |
| Amounts payable after more than one year | 17 | €4,748 | - | -€4,748 | |
| Financial debts | 170/4 | €4,748 | - | -€4,748 | |
| Amounts payable within one year | 42/48 | €21,450 | €21,707 | +€257 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €7,273 | €4,847 | -€2,426 | -33.4% |
| Trade debts | 44 | - | €13 | +€13 | |
| Suppliers | 440/4 | - | €13 | +€13 | |
| Taxes, remuneration and social security | 45 | €14,178 | €16,847 | +€2,669 | +18.8% |
| Taxes | 450/3 | €14,178 | €16,847 | +€2,669 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,733 | €8,027 | +€2,294 | +40.0% |
| Other operating charges | 640/8 | €590 | €2,423 | +€1,833 | +311% |
| Gross operating margin | 9900 | €202,095 | €184,055 | -€18,040 | -8.9% |
| Operating profit (loss) | 9901 | €195,772 | €173,605 | -€22,167 | -11.3% |
| Financial income | 75/76B | €2,943 | €4,843 | +€1,900 | +64.5% |
| Recurring financial income | 75 | €2,943 | €4,843 | +€1,900 | +64.5% |
| Financial charges | 65/66B | €384 | €239 | -€144 | -37.6% |
| Recurring financial charges | 65 | €384 | €239 | -€144 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €198,332 | €178,209 | -€20,122 | -10.1% |
| Income taxes | 67/77 | €45,733 | €42,042 | -€3,691 | -8.1% |
| Profit (loss) for the period | 9904 | €152,599 | €136,168 | -€16,431 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €152,599 | €136,168 | -€16,431 | -10.8% |
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 29 October 2026 via checked.be.