MITAMITA: 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.
MITAMITA
Largest movements
- Cash +€52,301
up €52,301 (+303%), from €17,243 to €69,544
mainly Net result for the year (+€87,801) and Depreciation (+€5,290)
- Receivables within one year -€3,892
down €3,892 (-9.9%), from €39,401 to €35,509
of which Trade receivables: -€3,874
- Tangible fixed assets +€1,838
up €1,838 (+9.5%), from €19,400 to €21,238
of which Furniture and vehicles: +€3,212
- Profit (loss) carried forward +€87,801
up €87,801, from -€12,575 to €75,226
- Debts after one year -€29,000
no longer reported in 2025 (was €29,000)
- Tax, wage and social debts -€5,816
down €5,816 (-23.2%), from €25,082 to €19,266
of which Remuneration and social security: -€12,846
- Trade debts -€1,827
down €1,827 (-4.7%), from €39,153 to €37,326
- Gross operating margin +€55,211
up €55,211 (+18.6%), from €297,295 to €352,506
- Taxes +€24,629
up €24,629 (+28,839%), from €85 to €24,714
- Other operating charges +€7,275
up €7,275 (+128%), from €5,672 to €12,947
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 | €110,680 | €159,875 | +€49,195 | +44.4% |
| Fixed assets | 21/28 | €44,382 | €46,220 | +€1,838 | +4.1% |
| Tangible fixed assets | 22/27 | €19,400 | €21,238 | +€1,838 | +9.5% |
| Furniture and vehicles | 24 | €2,150 | €5,361 | +€3,212 | +149% |
| Other tangible fixed assets | 26 | €17,251 | €15,877 | -€1,374 | -8.0% |
| Financial fixed assets | 28 | €24,982 | €24,982 | = | 0.0% |
| Current assets | 29/58 | €66,298 | €113,655 | +€47,357 | +71.4% |
| Stocks and contracts in progress | 3 | €8,653 | €7,381 | -€1,272 | -14.7% |
| Stocks | 30/36 | €8,653 | €7,381 | -€1,272 | -14.7% |
| Amounts receivable within one year | 40/41 | €39,401 | €35,509 | -€3,892 | -9.9% |
| Trade receivables | 40 | €39,383 | €35,509 | -€3,874 | -9.8% |
| Other amounts receivable | 41 | €18 | - | -€18 | |
| Cash at bank and in hand | 54/58 | €17,243 | €69,544 | +€52,301 | +303% |
| Deferred charges and accrued income | 490/1 | €1,001 | €1,221 | +€220 | +22.0% |
| Total equity and liabilities | 10/49 | €110,680 | €159,875 | +€49,195 | +44.4% |
| Equity | 10/15 | €7,425 | €95,226 | +€87,801 | +1,182% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,575 | €75,226 | +€87,801 | |
| Amounts payable | 17/49 | €103,255 | €64,649 | -€38,606 | -37.4% |
| Amounts payable after more than one year | 17 | €29,000 | - | -€29,000 | |
| Other amounts payable | 178/9 | €29,000 | - | -€29,000 | |
| Amounts payable within one year | 42/48 | €74,255 | €64,649 | -€9,606 | -12.9% |
| Trade debts | 44 | €39,153 | €37,326 | -€1,827 | -4.7% |
| Suppliers | 440/4 | €39,153 | €37,326 | -€1,827 | -4.7% |
| Advances received on contracts in progress | 46 | €1,110 | - | -€1,110 | |
| Taxes, remuneration and social security | 45 | €25,082 | €19,266 | -€5,816 | -23.2% |
| Taxes | 450/3 | €5,804 | €12,834 | +€7,030 | +121% |
| Remuneration and social security | 454/9 | €19,278 | €6,432 | -€12,846 | -66.6% |
| Other amounts payable | 47/48 | €8,910 | €8,057 | -€853 | -9.6% |
| Remuneration, social security and pensions | 62 | €210,406 | €212,129 | +€1,723 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,846 | €5,290 | -€555 | -9.5% |
| Other operating charges | 640/8 | €5,672 | €12,947 | +€7,275 | +128% |
| Gross operating margin | 9900 | €297,295 | €352,506 | +€55,211 | +18.6% |
| Operating profit (loss) | 9901 | €75,372 | €122,140 | +€46,768 | +62.0% |
| Financial income | 75/76B | €5 | €11 | +€7 | +137% |
| Recurring financial income | 75 | €5 | €11 | +€7 | +137% |
| Financial charges | 65/66B | €10,078 | €9,636 | -€442 | -4.4% |
| Recurring financial charges | 65 | €10,078 | €9,636 | -€442 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €65,298 | €112,515 | +€47,217 | +72.3% |
| Income taxes | 67/77 | €85 | €24,714 | +€24,629 | +28,839% |
| Profit (loss) for the period | 9904 | €65,213 | €87,801 | +€22,588 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,213 | €87,801 | +€22,588 | +34.6% |
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 22 October 2026 via checked.be.