Mitchell Piqué: what changed
Two fiscal 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.
Mitchell Piqué
Largest movements
- Receivables within one year +€900
up €900 (+78.1%), from €1,152 to €2,052
of which Trade receivables: +€520
- Cash +€391
up €391 (+8417.9%), from €5 to €395
mainly Trade debts (+€3,755)
- Trade debts +€3,755
up €3,755 (+60.2%), from €6,233 to €9,989
- Other debts -€2,087
down €2,087 (-48.7%), from €4,283 to €2,197
- Profit (loss) carried forward -€238
down €238 (-2.5%), from -€9,600 to -€9,838
- Tax, wage and social debts -€140
down €140 (-100.0%), from €140 to €0
- Gross operating margin +€1,484
up €1,484 (+93.0%), from -€1,595 to -€112
- Other operating charges -€150
down €150 (-100.0%), from €150 to €0
- Financial charges +€116
up €116 (+1067.0%), from €11 to €127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,157 | €2,447 | +€1,290 | +111.6% |
| Current assets | 29/58 | €1,157 | €2,447 | +€1,290 | +111.6% |
| Amounts receivable within one year | 40/41 | €1,152 | €2,052 | +€900 | +78.1% |
| Trade receivables | 40 | - | €520 | +€520 | |
| Other amounts receivable | 41 | €1,152 | €1,532 | +€380 | +33.0% |
| Cash at bank and in hand | 54/58 | €5 | €395 | +€391 | +8417.9% |
| Total equity and liabilities | 10/49 | €1,157 | €2,447 | +€1,290 | +111.6% |
| Equity | 10/15 | -€9,500 | -€9,738 | -€238 | -2.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,600 | -€9,838 | -€238 | -2.5% |
| Amounts payable | 17/49 | €10,657 | €12,185 | +€1,528 | +14.3% |
| Amounts payable within one year | 42/48 | €10,657 | €12,185 | +€1,528 | +14.3% |
| Trade debts | 44 | €6,233 | €9,989 | +€3,755 | +60.2% |
| Suppliers | 440/4 | €6,233 | €9,989 | +€3,755 | +60.2% |
| Taxes, remuneration and social security | 45 | €140 | €0 | -€140 | -100.0% |
| Taxes | 450/3 | €140 | €0 | -€140 | -100.0% |
| Other amounts payable | 47/48 | €4,283 | €2,197 | -€2,087 | -48.7% |
| Other operating charges | 640/8 | €150 | €0 | -€150 | -100.0% |
| Gross operating margin | 9900 | -€1,595 | -€112 | +€1,484 | +93.0% |
| Operating profit (loss) | 9901 | -€1,745 | -€112 | +€1,634 | +93.6% |
| Financial charges | 65/66B | €11 | €127 | +€116 | +1067.0% |
| Recurring financial charges | 65 | €11 | €127 | +€116 | +1067.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,756 | -€238 | +€1,518 | +86.4% |
| Profit (loss) for the period | 9904 | -€1,756 | -€238 | +€1,518 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,756 | -€238 | +€1,518 | +86.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.