MITCHY: 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.
MITCHY
Largest movements
- Cash -€18,570
down €18,570 (-63.7%), from €29,170 to €10,600
mainly Other debts (-€44,946) and Trade debts (-€6,227)
- Receivables within one year +€6,037
up €6,037 (+25.1%), from €24,074 to €30,111
of which Other amounts receivable: +€3,937
- Current investments +€5,000
up €5,000 (+11.1%), from €45,000 to €50,000
- Stocks and contracts +€3,089
up €3,089 (+127.4%), from €2,425 to €5,515
- Other debts -€44,946
down €44,946 (-95.3%), from €47,181 to €2,235
- Reserves +€36,372
up €36,372 (+120.1%), from €30,297 to €66,669
- Tax, wage and social debts +€10,580
up €10,580 (+49.2%), from €21,498 to €32,078
of which Taxes: +€9,946
- Trade debts -€6,227
down €6,227 (-54.0%), from €11,528 to €5,300
- Gross operating margin +€32,355
up €32,355 (+26.0%), from €124,447 to €156,802
- Staff costs +€26,268
up €26,268 (+34.6%), from €75,860 to €102,128
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 | €115,504 | €111,283 | -€4,221 | -3.7% |
| Fixed assets | 21/28 | €10,805 | €11,354 | +€549 | +5.1% |
| Intangible fixed assets | 21 | €2,128 | €1,572 | -€556 | -26.1% |
| Tangible fixed assets | 22/27 | €8,677 | €9,248 | +€571 | +6.6% |
| Plant, machinery and equipment | 23 | €5,530 | €6,609 | +€1,079 | +19.5% |
| Furniture and vehicles | 24 | €1,607 | €1,486 | -€120 | -7.5% |
| Other tangible fixed assets | 26 | €1,540 | €1,152 | -€387 | -25.2% |
| Financial fixed assets | 28 | - | €534 | +€534 | |
| Current assets | 29/58 | €104,699 | €99,928 | -€4,770 | -4.6% |
| Stocks and contracts in progress | 3 | €2,425 | €5,515 | +€3,089 | +127.4% |
| Stocks | 30/36 | €2,425 | €5,515 | +€3,089 | +127.4% |
| Amounts receivable within one year | 40/41 | €24,074 | €30,111 | +€6,037 | +25.1% |
| Trade receivables | 40 | €23,794 | €25,894 | +€2,100 | +8.8% |
| Other amounts receivable | 41 | €280 | €4,217 | +€3,937 | +1406.8% |
| Current investments | 50/53 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €29,170 | €10,600 | -€18,570 | -63.7% |
| Deferred charges and accrued income | 490/1 | €4,029 | €3,703 | -€326 | -8.1% |
| Total equity and liabilities | 10/49 | €115,504 | €111,283 | -€4,221 | -3.7% |
| Equity | 10/15 | €35,297 | €71,669 | +€36,372 | +103.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,297 | €66,669 | +€36,372 | +120.1% |
| Distributable reserves | 133 | €30,297 | €66,669 | +€36,372 | +120.1% |
| Amounts payable | 17/49 | €80,207 | €39,614 | -€40,593 | -50.6% |
| Amounts payable within one year | 42/48 | €80,207 | €39,614 | -€40,593 | -50.6% |
| Trade debts | 44 | €11,528 | €5,300 | -€6,227 | -54.0% |
| Suppliers | 440/4 | €11,528 | €5,300 | -€6,227 | -54.0% |
| Taxes, remuneration and social security | 45 | €21,498 | €32,078 | +€10,580 | +49.2% |
| Taxes | 450/3 | €16,856 | €26,802 | +€9,946 | +59.0% |
| Remuneration and social security | 454/9 | €4,642 | €5,276 | +€634 | +13.7% |
| Other amounts payable | 47/48 | €47,181 | €2,235 | -€44,946 | -95.3% |
| Remuneration, social security and pensions | 62 | €75,860 | €102,128 | +€26,268 | +34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,862 | €3,491 | +€629 | +22.0% |
| Other operating charges | 640/8 | €1,681 | €1,139 | -€542 | -32.3% |
| Gross operating margin | 9900 | €124,447 | €156,802 | +€32,355 | +26.0% |
| Operating profit (loss) | 9901 | €44,044 | €50,045 | +€6,001 | +13.6% |
| Financial income | 75/76B | €280 | €422 | +€142 | +50.7% |
| Recurring financial income | 75 | €280 | €422 | +€142 | +50.7% |
| Financial charges | 65/66B | €2,836 | €3,531 | +€695 | +24.5% |
| Recurring financial charges | 65 | €2,836 | €3,531 | +€695 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €41,488 | €46,936 | +€5,448 | +13.1% |
| Income taxes | 67/77 | €10,856 | €10,564 | -€292 | -2.7% |
| Profit (loss) for the period | 9904 | €30,632 | €36,372 | +€5,740 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,632 | €36,372 | +€5,740 | +18.7% |
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 9 October 2026 via checked.be.