MIOTTO: 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.
MIOTTO
Largest movements
- Cash +€50,722
up €50,722 (+361.0%), from €14,051 to €64,773
mainly Net result for the year (+€44,150) and Tax, wage and social debts (+€11,541)
- Tangible fixed assets +€5,685
new in 2025: €5,685
of which Furniture and vehicles: +€4,553
- Receivables within one year +€4,754
up €4,754 (+211.6%), from €2,247 to €7,001
of which Other amounts receivable: +€3,551
- Profit (loss) carried forward +€44,150
up €44,150 (+420.4%), from €10,501 to €54,651
- Tax, wage and social debts +€11,541
up €11,541 (+334.9%), from €3,446 to €14,987
- Trade debts +€4,015
up €4,015 (+10037.5%), from €40 to €4,055
- Other debts +€2,008
up €2,008 (+548.6%), from €366 to €2,374
- Gross operating margin +€48,384
up €48,384 (+337.0%), from €14,357 to €62,741
- Taxes +€11,541
up €11,541 (+334.8%), from €3,447 to €14,988
- Other operating charges +€2,554
up €2,554 (+277.6%), from €920 to €3,474
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 | €16,353 | €78,067 | +€61,714 | +377.4% |
| Fixed assets | 21/28 | - | €5,685 | +€5,685 | |
| Tangible fixed assets | 22/27 | - | €5,685 | +€5,685 | |
| Plant, machinery and equipment | 23 | - | €1,132 | +€1,132 | |
| Furniture and vehicles | 24 | - | €4,553 | +€4,553 | |
| Current assets | 29/58 | €16,353 | €72,382 | +€56,029 | +342.6% |
| Stocks and contracts in progress | 3 | €55 | - | -€55 | |
| Stocks | 30/36 | €55 | - | -€55 | |
| Amounts receivable within one year | 40/41 | €2,247 | €7,001 | +€4,754 | +211.6% |
| Trade receivables | 40 | €997 | €2,200 | +€1,203 | +120.7% |
| Other amounts receivable | 41 | €1,250 | €4,801 | +€3,551 | +284.1% |
| Cash at bank and in hand | 54/58 | €14,051 | €64,773 | +€50,722 | +361.0% |
| Deferred charges and accrued income | 490/1 | - | €608 | +€608 | |
| Total equity and liabilities | 10/49 | €16,353 | €78,067 | +€61,714 | +377.4% |
| Equity | 10/15 | €12,501 | €56,651 | +€44,150 | +353.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,501 | €54,651 | +€44,150 | +420.4% |
| Amounts payable | 17/49 | €3,852 | €21,416 | +€17,564 | +456.0% |
| Amounts payable within one year | 42/48 | €3,852 | €21,416 | +€17,564 | +456.0% |
| Trade debts | 44 | €40 | €4,055 | +€4,015 | +10037.5% |
| Suppliers | 440/4 | €40 | €4,055 | +€4,015 | +10037.5% |
| Taxes, remuneration and social security | 45 | €3,446 | €14,987 | +€11,541 | +334.9% |
| Taxes | 450/3 | €3,446 | €14,987 | +€11,541 | +334.9% |
| Other amounts payable | 47/48 | €366 | €2,374 | +€2,008 | +548.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €86 | +€86 | |
| Other operating charges | 640/8 | €920 | €3,474 | +€2,554 | +277.6% |
| Gross operating margin | 9900 | €14,357 | €62,741 | +€48,384 | +337.0% |
| Operating profit (loss) | 9901 | €13,437 | €59,181 | +€45,744 | +340.4% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €44 | €43 | -€1 | -2.3% |
| Recurring financial charges | 65 | €44 | €43 | -€1 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €13,395 | €59,138 | +€45,743 | +341.5% |
| Income taxes | 67/77 | €3,447 | €14,988 | +€11,541 | +334.8% |
| Profit (loss) for the period | 9904 | €9,948 | €44,150 | +€34,202 | +343.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,948 | €44,150 | +€34,202 | +343.8% |
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 11 October 2026 via checked.be.