Mitanni: 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.
Mitanni
Largest movements
- Receivables within one year +€45,315
up €45,315 (+279.1%), from €16,237 to €61,551
of which Trade receivables: +€45,912
- Tangible fixed assets +€43,793
up €43,793 (+137.8%), from €31,774 to €75,567
of which Furniture and vehicles: +€48,722
- Stocks and contracts +€8,631
up €8,631 (+94.3%), from €9,153 to €17,784
- Cash -€4,598
down €4,598 (-17.3%), from €26,533 to €21,934
mainly Investment in fixed assets (net) (-€53,550) and Receivables within one year (-€45,315)
- Deferred charges and accrued income -€3,379
no longer reported in 2025 (was €3,379)
- Trade debts +€68,416
up €68,416 (+394.8%), from €17,329 to €85,745
- Profit (loss) carried forward -€29,634
down €29,634 (-65.0%), from €45,605 to €15,972
- Other debts +€27,701
up €27,701 (+1304.4%), from €2,124 to €29,825
- Debts after one year +€18,260
new in 2025: €18,260
- Current portion of long-term debt +€4,083
new in 2025: €4,083
- Gross operating margin -€62,776
down €62,776 (-83.7%), from €74,963 to €12,187
- Staff costs +€21,106
up €21,106 (+261.7%), from €8,065 to €29,171
- Taxes -€11,614
down €11,614, from €11,600 to -€14
- Depreciation +€1,942
up €1,942 (+24.9%), from €7,814 to €9,756
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 | €87,074 | €176,836 | +€89,762 | +103.1% |
| Fixed assets | 21/28 | €31,774 | €75,567 | +€43,793 | +137.8% |
| Tangible fixed assets | 22/27 | €31,774 | €75,567 | +€43,793 | +137.8% |
| Plant, machinery and equipment | 23 | €24,831 | €20,403 | -€4,428 | -17.8% |
| Furniture and vehicles | 24 | €2,344 | €51,065 | +€48,722 | +2078.6% |
| Other tangible fixed assets | 26 | €4,599 | €4,099 | -€500 | -10.9% |
| Current assets | 29/58 | €55,301 | €101,270 | +€45,969 | +83.1% |
| Stocks and contracts in progress | 3 | €9,153 | €17,784 | +€8,631 | +94.3% |
| Stocks | 30/36 | €9,153 | €17,784 | +€8,631 | +94.3% |
| Amounts receivable within one year | 40/41 | €16,237 | €61,551 | +€45,315 | +279.1% |
| Trade receivables | 40 | €12,895 | €58,807 | +€45,912 | +356.0% |
| Other amounts receivable | 41 | €3,341 | €2,744 | -€597 | -17.9% |
| Cash at bank and in hand | 54/58 | €26,533 | €21,934 | -€4,598 | -17.3% |
| Deferred charges and accrued income | 490/1 | €3,379 | - | -€3,379 | |
| Total equity and liabilities | 10/49 | €87,074 | €176,836 | +€89,762 | +103.1% |
| Equity | 10/15 | €55,605 | €25,972 | -€29,634 | -53.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,605 | €15,972 | -€29,634 | -65.0% |
| Amounts payable | 17/49 | €31,469 | €150,865 | +€119,396 | +379.4% |
| Amounts payable after more than one year | 17 | - | €18,260 | +€18,260 | |
| Financial debts | 170/4 | - | €18,260 | +€18,260 | |
| Amounts payable within one year | 42/48 | €31,469 | €132,604 | +€101,135 | +321.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,083 | +€4,083 | |
| Trade debts | 44 | €17,329 | €85,745 | +€68,416 | +394.8% |
| Suppliers | 440/4 | €17,329 | €85,745 | +€68,416 | +394.8% |
| Taxes, remuneration and social security | 45 | €12,016 | €12,952 | +€936 | +7.8% |
| Taxes | 450/3 | €11,600 | €10,086 | -€1,514 | -13.1% |
| Remuneration and social security | 454/9 | €416 | €2,866 | +€2,450 | +588.8% |
| Other amounts payable | 47/48 | €2,124 | €29,825 | +€27,701 | +1304.4% |
| Remuneration, social security and pensions | 62 | €8,065 | €29,171 | +€21,106 | +261.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,814 | €9,756 | +€1,942 | +24.9% |
| Other operating charges | 640/8 | €1,348 | €1,095 | -€254 | -18.8% |
| Gross operating margin | 9900 | €74,963 | €12,187 | -€62,776 | -83.7% |
| Operating profit (loss) | 9901 | €57,736 | -€27,835 | -€85,571 | |
| Financial income | 75/76B | €552 | - | -€552 | |
| Recurring financial income | 75 | €552 | - | -€552 | |
| Financial charges | 65/66B | €1,082 | €1,812 | +€730 | +67.4% |
| Recurring financial charges | 65 | €1,082 | €1,812 | +€730 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €57,205 | -€29,648 | -€86,853 | |
| Income taxes | 67/77 | €11,600 | -€14 | -€11,614 | |
| Profit (loss) for the period | 9904 | €45,605 | -€29,634 | -€75,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,605 | -€29,634 | -€75,239 |
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 10 October 2026 via checked.be.