Mithridate: 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.
Mithridate
Largest movements
- Receivables within one year +€73,542
up €73,542 (+506.5%), from €14,520 to €88,062
- Cash -€11,627
down €11,627 (-49.5%), from €23,486 to €11,860
mainly Net result for the year (-€139,695) and Receivables within one year (-€73,542)
- Intangible fixed assets -€2,269
down €2,269 (-3.4%), from €66,562 to €64,292
- Other debts +€199,229
up €199,229 (+79.7%), from €250,030 to €449,259
- Profit (loss) carried forward -€139,695
down €139,695 (-77.2%), from -€181,061 to -€320,757
- Trade debts +€10,408
up €10,408 (+168.3%), from €6,184 to €16,592
- Tax, wage and social debts -€9,901
down €9,901 (-43.7%), from €22,677 to €12,776
of which Remuneration and social security: -€7,061
- Gross operating margin +€82,759
up €82,759, from -€30,867 to €51,892
- Financial charges +€38,490
up €38,490 (+8687.8%), from €443 to €38,933
- Staff costs +€2,279
up €2,279 (+1.5%), from €147,406 to €149,685
- Depreciation +€757
up €757 (+50.0%), from €1,512 to €2,269
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 | €104,568 | €164,214 | +€59,646 | +57.0% |
| Fixed assets | 21/28 | €66,562 | €64,292 | -€2,269 | -3.4% |
| Intangible fixed assets | 21 | €66,562 | €64,292 | -€2,269 | -3.4% |
| Current assets | 29/58 | €38,006 | €99,921 | +€61,915 | +162.9% |
| Amounts receivable within one year | 40/41 | €14,520 | €88,062 | +€73,542 | +506.5% |
| Trade receivables | 40 | €14,520 | €88,062 | +€73,542 | +506.5% |
| Cash at bank and in hand | 54/58 | €23,486 | €11,860 | -€11,627 | -49.5% |
| Total equity and liabilities | 10/49 | €104,568 | €164,214 | +€59,646 | +57.0% |
| Equity | 10/15 | -€175,061 | -€314,757 | -€139,695 | -79.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,061 | -€320,757 | -€139,695 | -77.2% |
| Amounts payable | 17/49 | €279,629 | €478,970 | +€199,341 | +71.3% |
| Amounts payable within one year | 42/48 | €278,891 | €478,627 | +€199,736 | +71.6% |
| Trade debts | 44 | €6,184 | €16,592 | +€10,408 | +168.3% |
| Suppliers | 440/4 | €6,184 | €16,592 | +€10,408 | +168.3% |
| Taxes, remuneration and social security | 45 | €22,677 | €12,776 | -€9,901 | -43.7% |
| Taxes | 450/3 | €5,376 | €2,536 | -€2,840 | -52.8% |
| Remuneration and social security | 454/9 | €17,301 | €10,240 | -€7,061 | -40.8% |
| Other amounts payable | 47/48 | €250,030 | €449,259 | +€199,229 | +79.7% |
| Accrued charges and deferred income | 492/3 | €738 | €343 | -€395 | -53.5% |
| Remuneration, social security and pensions | 62 | €147,406 | €149,685 | +€2,279 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,512 | €2,269 | +€757 | +50.0% |
| Other operating charges | 640/8 | €834 | €700 | -€134 | -16.1% |
| Gross operating margin | 9900 | -€30,867 | €51,892 | +€82,759 | |
| Operating profit (loss) | 9901 | -€180,619 | -€100,762 | +€79,857 | +44.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €443 | €38,933 | +€38,490 | +8687.8% |
| Recurring financial charges | 65 | €443 | €38,933 | +€38,490 | +8687.8% |
| Profit (loss) for the period before taxes | 9903 | -€181,061 | -€139,695 | +€41,366 | +22.8% |
| Profit (loss) for the period | 9904 | -€181,061 | -€139,695 | +€41,366 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€181,061 | -€139,695 | +€41,366 | +22.8% |
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 7 October 2026 via checked.be.