MIP CONSULTING: 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.
MIP CONSULTING
Largest movements
- Cash +€36,137
up €36,137 (+17.0%), from €212,455 to €248,592
mainly Net result for the year (+€49,556) and Depreciation (+€23,943)
- Tangible fixed assets -€17,438
down €17,438 (-5.1%), from €338,683 to €321,245
of which Other tangible fixed assets: -€9,050
- Receivables within one year +€9,718
up €9,718 (+27.5%), from €35,280 to €44,998
of which Other amounts receivable: +€6,814
- Reserves +€52,000
up €52,000 (+11.8%), from €438,900 to €490,900
- Debts after one year -€19,123
down €19,123 (-53.3%), from €35,847 to €16,724
- Gross operating margin -€13,392
down €13,392 (-12.9%), from €104,169 to €90,777
- Taxes -€3,536
down €3,536 (-20.9%), from €16,932 to €13,396
- Other operating charges +€1,467
up €1,467 (+69.9%), from €2,100 to €3,567
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 | €595,413 | €625,358 | +€29,945 | +5.0% |
| Fixed assets | 21/28 | €338,683 | €321,245 | -€17,438 | -5.1% |
| Tangible fixed assets | 22/27 | €338,683 | €321,245 | -€17,438 | -5.1% |
| Land and buildings | 22 | €230,592 | €225,019 | -€5,573 | -2.4% |
| Plant, machinery and equipment | 23 | €15,860 | €13,269 | -€2,591 | -16.3% |
| Furniture and vehicles | 24 | €224 | €0 | -€224 | -100% |
| Other tangible fixed assets | 26 | €92,007 | €82,957 | -€9,050 | -9.8% |
| Current assets | 29/58 | €256,730 | €304,113 | +€47,383 | +18.5% |
| Amounts receivable within one year | 40/41 | €35,280 | €44,998 | +€9,718 | +27.5% |
| Trade receivables | 40 | €32,017 | €34,921 | +€2,904 | +9.1% |
| Other amounts receivable | 41 | €3,263 | €10,077 | +€6,814 | +209% |
| Current investments | 50/53 | €7,860 | €7,860 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €212,455 | €248,592 | +€36,137 | +17.0% |
| Deferred charges and accrued income | 490/1 | €1,135 | €2,663 | +€1,528 | +135% |
| Total equity and liabilities | 10/49 | €595,413 | €625,358 | +€29,945 | +5.0% |
| Equity | 10/15 | €448,380 | €497,936 | +€49,556 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €438,900 | €490,900 | +€52,000 | +11.8% |
| Distributable reserves | 133 | €438,900 | €490,900 | +€52,000 | +11.8% |
| Profit (loss) carried forward | 14 | €3,280 | €836 | -€2,444 | -74.5% |
| Amounts payable | 17/49 | €147,033 | €127,422 | -€19,611 | -13.3% |
| Amounts payable after more than one year | 17 | €35,847 | €16,724 | -€19,123 | -53.3% |
| Financial debts | 170/4 | €35,847 | €16,724 | -€19,123 | -53.3% |
| Amounts payable within one year | 42/48 | €111,073 | €110,585 | -€488 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €19,420 | €19,124 | -€296 | -1.5% |
| Trade debts | 44 | €1,020 | €1,042 | +€22 | +2.2% |
| Suppliers | 440/4 | €1,020 | €1,042 | +€22 | +2.2% |
| Taxes, remuneration and social security | 45 | €9,079 | €8,845 | -€234 | -2.6% |
| Taxes | 450/3 | €7,329 | €7,095 | -€234 | -3.2% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €81,554 | €81,574 | +€20 | 0.0% |
| Accrued charges and deferred income | 492/3 | €113 | €113 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,196 | €23,943 | +€747 | +3.2% |
| Other operating charges | 640/8 | €2,100 | €3,567 | +€1,467 | +69.9% |
| Gross operating margin | 9900 | €104,169 | €90,777 | -€13,392 | -12.9% |
| Operating profit (loss) | 9901 | €78,873 | €63,267 | -€15,606 | -19.8% |
| Financial income | 75/76B | €655 | €700 | +€45 | +6.9% |
| Recurring financial income | 75 | €655 | €700 | +€45 | +6.9% |
| Financial charges | 65/66B | €1,368 | €1,015 | -€353 | -25.8% |
| Recurring financial charges | 65 | €1,368 | €1,015 | -€353 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €78,160 | €62,952 | -€15,208 | -19.5% |
| Income taxes | 67/77 | €16,932 | €13,396 | -€3,536 | -20.9% |
| Profit (loss) for the period | 9904 | €61,228 | €49,556 | -€11,672 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,228 | €49,556 | -€11,672 | -19.1% |
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 30 October 2026 via checked.be.