MITCHAUX: 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.
MITCHAUX
Largest movements
- Cash +€151,950
up €151,950 (+62.5%), from €242,969 to €394,919
mainly Net result for the year (+€150,498) and Depreciation (+€48,903)
- Receivables within one year -€34,907
down €34,907 (-54.2%), from €64,363 to €29,455
of which Other amounts receivable: -€34,715
- Tangible fixed assets -€33,080
down €33,080 (-29.6%), from €111,699 to €78,619
of which Land and buildings: -€22,059
- Reserves +€95,682
up €95,682 (+18.0%), from €531,755 to €627,436
of which Distributable reserves: +€95,682
- Debts after one year -€31,565
down €31,565 (-74.4%), from €42,445 to €10,880
- Trade debts +€16,106
up €16,106 (+142.0%), from €11,344 to €27,450
- Other debts +€8,827
up €8,827 (+19.2%), from €45,990 to €54,816
- Gross operating margin +€28,792
up €28,792 (+10.6%), from €271,712 to €300,504
- Financial income -€21,698
down €21,698 (-65.4%), from €33,200 to €11,503
of which Non-recurring financial income: -€22,536
- Taxes +€12,951
up €12,951 (+21.3%), from €60,740 to €73,691
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 | €727,180 | €812,623 | +€85,442 | +11.7% |
| Fixed assets | 21/28 | €111,699 | €78,619 | -€33,080 | -29.6% |
| Tangible fixed assets | 22/27 | €111,699 | €78,619 | -€33,080 | -29.6% |
| Land and buildings | 22 | €44,019 | €21,960 | -€22,059 | -50.1% |
| Plant, machinery and equipment | 23 | €39,470 | €42,922 | +€3,452 | +8.7% |
| Furniture and vehicles | 24 | €20,108 | €8,133 | -€11,975 | -59.6% |
| Other tangible fixed assets | 26 | €8,102 | €5,604 | -€2,498 | -30.8% |
| Current assets | 29/58 | €615,481 | €734,004 | +€118,522 | +19.3% |
| Amounts receivable after more than one year | 29 | €43,697 | €44,571 | +€874 | +2.0% |
| Other amounts receivable | 291 | €43,697 | €44,571 | +€874 | +2.0% |
| Stocks and contracts in progress | 3 | €4,620 | €6,520 | +€1,900 | +41.1% |
| Stocks | 30/36 | €4,620 | €6,520 | +€1,900 | +41.1% |
| Amounts receivable within one year | 40/41 | €64,363 | €29,455 | -€34,907 | -54.2% |
| Trade receivables | 40 | €8,196 | €8,004 | -€192 | -2.3% |
| Other amounts receivable | 41 | €56,167 | €21,452 | -€34,715 | -61.8% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €242,969 | €394,919 | +€151,950 | +62.5% |
| Deferred charges and accrued income | 490/1 | €9,832 | €8,538 | -€1,294 | -13.2% |
| Total equity and liabilities | 10/49 | €727,180 | €812,623 | +€85,442 | +11.7% |
| Equity | 10/15 | €550,355 | €646,036 | +€95,682 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €531,755 | €627,436 | +€95,682 | +18.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €529,895 | €625,576 | +€95,682 | +18.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €176,826 | €166,587 | -€10,239 | -5.8% |
| Amounts payable after more than one year | 17 | €42,445 | €10,880 | -€31,565 | -74.4% |
| Financial debts | 170/4 | €42,445 | €10,880 | -€31,565 | -74.4% |
| Amounts payable within one year | 42/48 | €134,381 | €155,706 | +€21,326 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €36,673 | €31,565 | -€5,108 | -13.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,344 | €27,450 | +€16,106 | +142.0% |
| Suppliers | 440/4 | €11,344 | €27,450 | +€16,106 | +142.0% |
| Taxes, remuneration and social security | 45 | €40,374 | €41,875 | +€1,501 | +3.7% |
| Taxes | 450/3 | €32,596 | €33,461 | +€865 | +2.7% |
| Remuneration and social security | 454/9 | €7,778 | €8,414 | +€636 | +8.2% |
| Other amounts payable | 47/48 | €45,990 | €54,816 | +€8,827 | +19.2% |
| Remuneration, social security and pensions | 62 | €31,514 | €31,945 | +€431 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,642 | €48,903 | +€2,261 | +4.8% |
| Other operating charges | 640/8 | €2,271 | €4,598 | +€2,327 | +102.4% |
| Gross operating margin | 9900 | €271,712 | €300,504 | +€28,792 | +10.6% |
| Operating profit (loss) | 9901 | €191,285 | €215,058 | +€23,774 | +12.4% |
| Financial income | 75/76B | €33,200 | €11,503 | -€21,698 | -65.4% |
| Recurring financial income | 75 | €10,665 | €11,503 | +€838 | +7.9% |
| Non-recurring financial income | 76B | €22,536 | €0 | -€22,536 | -100.0% |
| Financial charges | 65/66B | €4,425 | €2,373 | -€2,052 | -46.4% |
| Recurring financial charges | 65 | €4,425 | €2,373 | -€2,052 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €220,060 | €224,188 | +€4,128 | +1.9% |
| Income taxes | 67/77 | €60,740 | €73,691 | +€12,951 | +21.3% |
| Profit (loss) for the period | 9904 | €159,320 | €150,498 | -€8,822 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €159,320 | €150,498 | -€8,822 | -5.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.