MION: 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.
MION
Largest movements
- Receivables within one year +€44,348
up €44,348 (+237.5%), from €18,676 to €63,024
- Cash -€38,162
down €38,162 (-17.3%), from €220,919 to €182,757
mainly Contributions, distributions and other (-€149,970) and Receivables within one year (-€44,348)
- Tangible fixed assets +€31,199
up €31,199 (+87.2%), from €35,784 to €66,983
of which Leasing and similar rights: +€28,040
- Other debts +€115,054
up €115,054 (+323.1%), from €35,610 to €150,664
- Reserves -€85,527
down €85,527 (-57.0%), from €149,970 to €64,443
- Debts after one year +€13,342
up €13,342 (+107.1%), from €12,457 to €25,799
- Tax, wage and social debts -€10,337
down €10,337 (-36.1%), from €28,663 to €18,326
- Current portion of long-term debt +€7,726
up €7,726 (+125.3%), from €6,165 to €13,891
- Gross operating margin +€26,308
up €26,308 (+38.3%), from €68,715 to €95,024
- Taxes +€4,393
up €4,393 (+31.7%), from €13,843 to €18,236
- Depreciation +€4,100
up €4,100 (+82.0%), from €4,999 to €9,099
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 | €275,628 | €315,192 | +€39,564 | +14.4% |
| Fixed assets | 21/28 | €35,784 | €66,983 | +€31,199 | +87.2% |
| Tangible fixed assets | 22/27 | €35,784 | €66,983 | +€31,199 | +87.2% |
| Plant, machinery and equipment | 23 | €557 | €1,709 | +€1,152 | +206.8% |
| Furniture and vehicles | 24 | €4,173 | €7,915 | +€3,742 | +89.7% |
| Leasing and similar rights | 25 | - | €28,040 | +€28,040 | |
| Other tangible fixed assets | 26 | €31,054 | €29,319 | -€1,735 | -5.6% |
| Current assets | 29/58 | €239,844 | €248,209 | +€8,365 | +3.5% |
| Amounts receivable within one year | 40/41 | €18,676 | €63,024 | +€44,348 | +237.5% |
| Trade receivables | 40 | €18,676 | €63,024 | +€44,348 | +237.5% |
| Cash at bank and in hand | 54/58 | €220,919 | €182,757 | -€38,162 | -17.3% |
| Deferred charges and accrued income | 490/1 | €249 | €2,428 | +€2,179 | +875.6% |
| Total equity and liabilities | 10/49 | €275,628 | €315,192 | +€39,564 | +14.4% |
| Equity | 10/15 | €168,570 | €83,043 | -€85,527 | -50.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,970 | €64,443 | -€85,527 | -57.0% |
| Distributable reserves | 133 | €149,970 | €64,443 | -€85,527 | -57.0% |
| Amounts payable | 17/49 | €107,058 | €232,149 | +€125,091 | +116.8% |
| Amounts payable after more than one year | 17 | €12,457 | €25,799 | +€13,342 | +107.1% |
| Financial debts | 170/4 | €12,457 | €25,799 | +€13,342 | +107.1% |
| Amounts payable within one year | 42/48 | €94,601 | €206,351 | +€111,749 | +118.1% |
| Current portion of amounts payable after more than one year | 42 | €6,165 | €13,891 | +€7,726 | +125.3% |
| Trade debts | 44 | €24,163 | €23,470 | -€693 | -2.9% |
| Suppliers | 440/4 | €24,163 | €23,470 | -€693 | -2.9% |
| Taxes, remuneration and social security | 45 | €28,663 | €18,326 | -€10,337 | -36.1% |
| Taxes | 450/3 | €28,663 | €18,326 | -€10,337 | -36.1% |
| Other amounts payable | 47/48 | €35,610 | €150,664 | +€115,054 | +323.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,999 | €9,099 | +€4,100 | +82.0% |
| Other operating charges | 640/8 | €618 | €1,475 | +€857 | +138.7% |
| Gross operating margin | 9900 | €68,715 | €95,024 | +€26,308 | +38.3% |
| Operating profit (loss) | 9901 | €63,098 | €84,450 | +€21,352 | +33.8% |
| Financial income | 75/76B | €6 | €6 | +€0 | +6.9% |
| Recurring financial income | 75 | €6 | €6 | +€0 | +6.9% |
| Financial charges | 65/66B | €1,244 | €1,777 | +€533 | +42.9% |
| Recurring financial charges | 65 | €1,244 | €1,777 | +€533 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €61,860 | €82,679 | +€20,819 | +33.7% |
| Income taxes | 67/77 | €13,843 | €18,236 | +€4,393 | +31.7% |
| Profit (loss) for the period | 9904 | €48,017 | €64,443 | +€16,426 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,017 | €64,443 | +€16,426 | +34.2% |
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 11 October 2026 via checked.be.