MITHOS: 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.
MITHOS
Largest movements
- Current investments -€309,745
down €309,745 (-99.8%), from €310,499 to €755
- Cash +€148,184
up €148,184 (+134.3%), from €110,325 to €258,509
mainly Current investments (+€309,745) and Net result for the year (+€308,794)
- Financial fixed assets +€19,415
up €19,415 (+10.3%), from €189,340 to €208,754
- Tangible fixed assets -€15,675
down €15,675 (-40.4%), from €38,804 to €23,129
of which Furniture and vehicles: -€12,767
- Deferred charges and accrued income -€14,974
down €14,974 (-73.0%), from €20,526 to €5,551
- Reserves -€171,206
down €171,206 (-26.8%), from €639,428 to €468,222
- Financial income +€30,587
up €30,587 (+145.7%), from €20,991 to €51,578
- Gross operating margin -€8,312
down €8,312 (-2.2%), from €371,976 to €363,664
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 | €669,494 | €501,335 | -€168,159 | -25.1% |
| Fixed assets | 21/28 | €228,144 | €231,883 | +€3,740 | +1.6% |
| Tangible fixed assets | 22/27 | €38,804 | €23,129 | -€15,675 | -40.4% |
| Plant, machinery and equipment | 23 | €13,059 | €10,152 | -€2,907 | -22.3% |
| Furniture and vehicles | 24 | €25,745 | €12,977 | -€12,767 | -49.6% |
| Financial fixed assets | 28 | €189,340 | €208,754 | +€19,415 | +10.3% |
| Current assets | 29/58 | €441,350 | €269,451 | -€171,899 | -38.9% |
| Amounts receivable within one year | 40/41 | - | €4,637 | +€4,637 | |
| Other amounts receivable | 41 | - | €4,637 | +€4,637 | |
| Current investments | 50/53 | €310,499 | €755 | -€309,745 | -99.8% |
| Cash at bank and in hand | 54/58 | €110,325 | €258,509 | +€148,184 | +134.3% |
| Deferred charges and accrued income | 490/1 | €20,526 | €5,551 | -€14,974 | -73.0% |
| Total equity and liabilities | 10/49 | €669,494 | €501,335 | -€168,159 | -25.1% |
| Equity | 10/15 | €658,028 | €486,822 | -€171,206 | -26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €639,428 | €468,222 | -€171,206 | -26.8% |
| Distributable reserves | 133 | €639,428 | €468,222 | -€171,206 | -26.8% |
| Amounts payable | 17/49 | €11,465 | €14,513 | +€3,048 | +26.6% |
| Amounts payable within one year | 42/48 | €11,465 | €14,513 | +€3,048 | +26.6% |
| Trade debts | 44 | €1,221 | €770 | -€451 | -36.9% |
| Suppliers | 440/4 | €1,221 | €770 | -€451 | -36.9% |
| Taxes, remuneration and social security | 45 | €216 | €2,300 | +€2,084 | +964.8% |
| Taxes | 450/3 | €216 | €2,300 | +€2,084 | +964.8% |
| Other amounts payable | 47/48 | €10,028 | €11,443 | +€1,414 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,675 | €15,675 | = | 0.0% |
| Other operating charges | 640/8 | €3,940 | €1,896 | -€2,044 | -51.9% |
| Gross operating margin | 9900 | €371,976 | €363,664 | -€8,312 | -2.2% |
| Operating profit (loss) | 9901 | €352,361 | €346,093 | -€6,268 | -1.8% |
| Financial income | 75/76B | €20,991 | €51,578 | +€30,587 | +145.7% |
| Recurring financial income | 75 | €20,991 | €51,578 | +€30,587 | +145.7% |
| Financial charges | 65/66B | €116 | €134 | +€18 | +15.6% |
| Recurring financial charges | 65 | €116 | €134 | +€18 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €373,236 | €397,537 | +€24,301 | +6.5% |
| Income taxes | 67/77 | €88,529 | €88,743 | +€215 | +0.2% |
| Profit (loss) for the period | 9904 | €284,708 | €308,794 | +€24,086 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €284,708 | €308,794 | +€24,086 | +8.5% |
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 28 September 2026 via checked.be.