MITCHVDA: 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.
MITCHVDA
Largest movements
- Tangible fixed assets +€6,725
new in 2025: €6,725
- Cash -€2,020
down €2,020 (-10.6%), from €19,037 to €17,017
mainly Contributions, distributions and other (-€35,912) and Investment in fixed assets (net) (-€6,831)
- Deferred charges and accrued income -€548
down €548 (-100.0%), from €548 to €0
- Other debts +€18,412
up €18,412, from €0 to €18,412
- Reserves -€17,500
down €17,500 (-73.9%), from €23,680 to €6,180
- Tax, wage and social debts +€2,865
up €2,865 (+111.8%), from €2,564 to €5,428
of which Taxes: +€2,865
- Trade debts +€565
up €565 (+435.3%), from €130 to €694
- Gross operating margin +€1,738
up €1,738 (+6.9%), from €25,309 to €27,047
- Financial charges +€691
up €691 (+112.1%), from €616 to €1,308
- Taxes +€673
up €673 (+10.5%), from €6,402 to €7,076
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 | €28,373 | €32,715 | +€4,341 | +15.3% |
| Fixed assets | 21/28 | - | €6,725 | +€6,725 | |
| Tangible fixed assets | 22/27 | - | €6,725 | +€6,725 | |
| Other tangible fixed assets | 26 | - | €6,725 | +€6,725 | |
| Current assets | 29/58 | €28,373 | €25,990 | -€2,383 | -8.4% |
| Amounts receivable within one year | 40/41 | €8,788 | €8,972 | +€185 | +2.1% |
| Trade receivables | 40 | €8,036 | €7,948 | -€88 | -1.1% |
| Other amounts receivable | 41 | €751 | €1,024 | +€273 | +36.3% |
| Cash at bank and in hand | 54/58 | €19,037 | €17,017 | -€2,020 | -10.6% |
| Deferred charges and accrued income | 490/1 | €548 | €0 | -€548 | -100.0% |
| Total equity and liabilities | 10/49 | €28,373 | €32,715 | +€4,341 | +15.3% |
| Equity | 10/15 | €25,680 | €8,180 | -€17,500 | -68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,680 | €6,180 | -€17,500 | -73.9% |
| Distributable reserves | 133 | €23,680 | €6,180 | -€17,500 | -73.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,693 | €24,535 | +€21,841 | +811.0% |
| Amounts payable within one year | 42/48 | €2,693 | €24,535 | +€21,841 | +811.0% |
| Trade debts | 44 | €130 | €694 | +€565 | +435.3% |
| Suppliers | 440/4 | €130 | €694 | +€565 | +435.3% |
| Taxes, remuneration and social security | 45 | €2,564 | €5,428 | +€2,865 | +111.8% |
| Taxes | 450/3 | €2,564 | €5,428 | +€2,865 | +111.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €18,412 | +€18,412 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €107 | +€107 | |
| Other operating charges | 640/8 | €463 | €249 | -€214 | -46.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,309 | €27,047 | +€1,738 | +6.9% |
| Operating profit (loss) | 9901 | €24,846 | €26,691 | +€1,845 | +7.4% |
| Financial income | 75/76B | €342 | €104 | -€238 | -69.5% |
| Recurring financial income | 75 | €342 | €104 | -€238 | -69.5% |
| Financial charges | 65/66B | €616 | €1,308 | +€691 | +112.1% |
| Recurring financial charges | 65 | €616 | €1,308 | +€691 | +112.1% |
| Profit (loss) for the period before taxes | 9903 | €24,571 | €25,488 | +€916 | +3.7% |
| Income taxes | 67/77 | €6,402 | €7,076 | +€673 | +10.5% |
| Profit (loss) for the period | 9904 | €18,169 | €18,412 | +€243 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,169 | €18,412 | +€243 | +1.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.