MIPATT: 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.
MIPATT
Largest movements
- Receivables within one year +€5,351
up €5,351 (+153%), from €3,490 to €8,842
of which Trade receivables: +€4,252
- Tangible fixed assets -€2,733
down €2,733 (-43.5%), from €6,279 to €3,546
of which Furniture and vehicles: -€1,914
- Cash +€2,241
up €2,241 (+193%), from €1,158 to €3,399
mainly Trade debts (+€8,621) and Depreciation (+€2,733)
- Deferred charges and accrued income -€586
down €586 (-100%), from €586 to €0
- Trade debts +€8,621
up €8,621 (+199%), from €4,335 to €12,957
- Profit (loss) carried forward -€3,361
down €3,361 (-7.9%), from -€42,506 to -€45,867
- Tax, wage and social debts -€799
down €799 (-76.3%), from €1,048 to €249
- Other debts -€588
down €588 (-1.7%), from €35,237 to €34,649
- Accrued charges and deferred income +€400
new in 2025: €400
- Gross operating margin +€2,225
up €2,225 (+95.0%), from -€2,341 to -€116
- Financial charges -€51
down €51 (-31.6%), from €162 to €111
- Depreciation +€39
up €39 (+1.5%), from €2,693 to €2,733
- Other operating charges +€32
up €32 (+8.6%), from €369 to €401
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 | €11,513 | €15,787 | +€4,273 | +37.1% |
| Fixed assets | 21/28 | €6,279 | €3,546 | -€2,733 | -43.5% |
| Tangible fixed assets | 22/27 | €6,279 | €3,546 | -€2,733 | -43.5% |
| Plant, machinery and equipment | 23 | €2,838 | €2,020 | -€818 | -28.8% |
| Furniture and vehicles | 24 | €3,440 | €1,526 | -€1,914 | -55.6% |
| Current assets | 29/58 | €5,235 | €12,241 | +€7,006 | +134% |
| Amounts receivable within one year | 40/41 | €3,490 | €8,842 | +€5,351 | +153% |
| Trade receivables | 40 | €3,490 | €7,742 | +€4,252 | +122% |
| Other amounts receivable | 41 | - | €1,100 | +€1,100 | |
| Cash at bank and in hand | 54/58 | €1,158 | €3,399 | +€2,241 | +193% |
| Deferred charges and accrued income | 490/1 | €586 | €0 | -€586 | -100% |
| Total equity and liabilities | 10/49 | €11,513 | €15,787 | +€4,273 | +37.1% |
| Equity | 10/15 | -€29,106 | -€32,467 | -€3,361 | -11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,506 | -€45,867 | -€3,361 | -7.9% |
| Amounts payable | 17/49 | €40,619 | €48,253 | +€7,634 | +18.8% |
| Amounts payable within one year | 42/48 | €40,619 | €47,854 | +€7,234 | +17.8% |
| Trade debts | 44 | €4,335 | €12,957 | +€8,621 | +199% |
| Suppliers | 440/4 | €4,335 | €12,957 | +€8,621 | +199% |
| Taxes, remuneration and social security | 45 | €1,048 | €249 | -€799 | -76.3% |
| Taxes | 450/3 | €1,048 | €249 | -€799 | -76.3% |
| Other amounts payable | 47/48 | €35,237 | €34,649 | -€588 | -1.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,693 | €2,733 | +€39 | +1.5% |
| Other operating charges | 640/8 | €369 | €401 | +€32 | +8.6% |
| Gross operating margin | 9900 | -€2,341 | -€116 | +€2,225 | +95.0% |
| Operating profit (loss) | 9901 | -€5,404 | -€3,250 | +€2,154 | +39.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €162 | €111 | -€51 | -31.6% |
| Recurring financial charges | 65 | €162 | €111 | -€51 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,566 | -€3,361 | +€2,205 | +39.6% |
| Profit (loss) for the period | 9904 | -€5,566 | -€3,361 | +€2,205 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,566 | -€3,361 | +€2,205 | +39.6% |
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 17 October 2026 via checked.be.