MIOG FINANCE: 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.
MIOG FINANCE
Largest movements
- Cash +€27,135
up €27,135 (+7,731%), from €351 to €27,486
mainly Net result for the year (+€26,646) and Tax, wage and social debts (+€9,236)
- Receivables within one year +€12,578
up €12,578 (+22.3%), from €56,407 to €68,985
of which Trade receivables: +€13,492
- Receivables after one year -€5,926
down €5,926 (-11.0%), from €53,819 to €47,893
- Profit (loss) carried forward +€26,646
up €26,646 (+25.4%), from €105,034 to €131,680
- Tax, wage and social debts +€9,236
up €9,236 (+2,253%), from €410 to €9,646
of which Taxes: +€9,369
- Trade debts -€2,454
down €2,454 (-71.4%), from €3,437 to €983
- Gross operating margin +€46,576
up €46,576, from -€22,086 to €24,490
- Financial income -€780
down €780 (-16.8%), from €4,644 to €3,864
- Depreciation -€303
down €303 (-15.1%), from €2,011 to €1,708
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 | €129,341 | €162,769 | +€33,428 | +25.8% |
| Fixed assets | 21/28 | €12,019 | €11,660 | -€359 | -3.0% |
| Tangible fixed assets | 22/27 | €3,567 | €3,208 | -€359 | -10.1% |
| Other tangible fixed assets | 26 | €3,567 | €3,208 | -€359 | -10.1% |
| Financial fixed assets | 28 | €8,452 | €8,452 | = | 0.0% |
| Current assets | 29/58 | €117,322 | €151,109 | +€33,787 | +28.8% |
| Amounts receivable after more than one year | 29 | €53,819 | €47,893 | -€5,926 | -11.0% |
| Other amounts receivable | 291 | €53,819 | €47,893 | -€5,926 | -11.0% |
| Amounts receivable within one year | 40/41 | €56,407 | €68,985 | +€12,578 | +22.3% |
| Trade receivables | 40 | €3,751 | €17,243 | +€13,492 | +360% |
| Other amounts receivable | 41 | €52,656 | €51,742 | -€914 | -1.7% |
| Current investments | 50/53 | €6,745 | €6,745 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €351 | €27,486 | +€27,135 | +7,731% |
| Total equity and liabilities | 10/49 | €129,341 | €162,769 | +€33,428 | +25.8% |
| Equity | 10/15 | €125,494 | €152,140 | +€26,646 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,034 | €131,680 | +€26,646 | +25.4% |
| Amounts payable | 17/49 | €3,847 | €10,629 | +€6,782 | +176% |
| Amounts payable within one year | 42/48 | €3,847 | €10,629 | +€6,782 | +176% |
| Trade debts | 44 | €3,437 | €983 | -€2,454 | -71.4% |
| Suppliers | 440/4 | €3,437 | €983 | -€2,454 | -71.4% |
| Taxes, remuneration and social security | 45 | €410 | €9,646 | +€9,236 | +2,253% |
| Taxes | 450/3 | €0 | €9,369 | +€9,369 | |
| Remuneration and social security | 454/9 | €410 | €277 | -€133 | -32.4% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €1,708 | -€303 | -15.1% |
| Gross operating margin | 9900 | -€22,086 | €24,490 | +€46,576 | |
| Operating profit (loss) | 9901 | -€24,097 | €22,782 | +€46,879 | |
| Financial income | 75/76B | €4,644 | €3,864 | -€780 | -16.8% |
| Recurring financial income | 75 | €4,644 | €3,864 | -€780 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,453 | €26,646 | +€46,099 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,453 | €26,646 | +€46,099 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,453 | €26,646 | +€46,099 |
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.