MITIMO: 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.
MITIMO
Largest movements
- Tangible fixed assets +€143,699
up €143,699 (+33.2%), from €433,345 to €577,043
- Receivables within one year -€49,667
down €49,667 (-27.8%), from €178,955 to €129,288
- Debts after one year +€249,177
up €249,177 (+2305.1%), from €10,810 to €259,987
- Trade debts -€111,958
down €111,958 (-70.0%), from €159,900 to €47,942
- Other debts -€36,849
down €36,849 (-72.8%), from €50,651 to €13,802
- Current portion of long-term debt +€14,310
up €14,310 (+173.7%), from €8,239 to €22,549
- Profit (loss) carried forward -€9,399
down €9,399 (-3.9%), from -€241,379 to -€250,778
- Depreciation +€17,327
up €17,327 (+65.5%), from €26,441 to €43,768
- Other operating charges -€10,191
down €10,191 (-69.6%), from €14,643 to €4,452
- Gross operating margin +€6,065
up €6,065 (+17.0%), from €35,768 to €41,834
- Financial income +€4,458
up €4,458 (+416647.7%), from €1 to €4,459
- Financial charges +€2,474
up €2,474 (+49.5%), from €4,998 to €7,472
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,346 | €720,397 | +€99,051 | +15.9% |
| Fixed assets | 21/28 | €433,345 | €577,043 | +€143,699 | +33.2% |
| Tangible fixed assets | 22/27 | €433,345 | €577,043 | +€143,699 | +33.2% |
| Land and buildings | 22 | €433,345 | €577,043 | +€143,699 | +33.2% |
| Current assets | 29/58 | €188,002 | €143,354 | -€44,648 | -23.7% |
| Amounts receivable within one year | 40/41 | €178,955 | €129,288 | -€49,667 | -27.8% |
| Trade receivables | 40 | €178,955 | €129,288 | -€49,667 | -27.8% |
| Deferred charges and accrued income | 490/1 | €9,047 | €14,066 | +€5,019 | +55.5% |
| Total equity and liabilities | 10/49 | €621,346 | €720,397 | +€99,051 | +15.9% |
| Equity | 10/15 | €341,321 | €331,922 | -€9,399 | -2.8% |
| Contributions | 10/11 | €582,700 | €582,700 | = | 0.0% |
| Capital | 10 | €582,700 | €582,700 | = | 0.0% |
| Issued capital | 100 | €590,200 | €590,200 | = | 0.0% |
| Uncalled capital | 101 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€241,379 | -€250,778 | -€9,399 | -3.9% |
| Amounts payable | 17/49 | €280,026 | €388,475 | +€108,450 | +38.7% |
| Amounts payable after more than one year | 17 | €10,810 | €259,987 | +€249,177 | +2305.1% |
| Financial debts | 170/4 | €10,810 | €259,987 | +€249,177 | +2305.1% |
| Amounts payable within one year | 42/48 | €269,216 | €128,489 | -€140,727 | -52.3% |
| Current portion of amounts payable after more than one year | 42 | €8,239 | €22,549 | +€14,310 | +173.7% |
| Financial debts | 43 | €49,984 | €43,631 | -€6,352 | -12.7% |
| Credit institutions | 430/8 | €49,984 | €43,631 | -€6,352 | -12.7% |
| Trade debts | 44 | €159,900 | €47,942 | -€111,958 | -70.0% |
| Suppliers | 440/4 | €159,900 | €47,942 | -€111,958 | -70.0% |
| Taxes, remuneration and social security | 45 | €442 | €565 | +€123 | +27.7% |
| Taxes | 450/3 | €442 | €565 | +€123 | +27.7% |
| Other amounts payable | 47/48 | €50,651 | €13,802 | -€36,849 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,441 | €43,768 | +€17,327 | +65.5% |
| Other operating charges | 640/8 | €14,643 | €4,452 | -€10,191 | -69.6% |
| Gross operating margin | 9900 | €35,768 | €41,834 | +€6,065 | +17.0% |
| Operating profit (loss) | 9901 | -€5,316 | -€6,386 | -€1,070 | -20.1% |
| Financial income | 75/76B | €1 | €4,459 | +€4,458 | +416647.7% |
| Recurring financial income | 75 | €1 | €4,459 | +€4,458 | +416647.7% |
| Financial charges | 65/66B | €4,998 | €7,472 | +€2,474 | +49.5% |
| Recurring financial charges | 65 | €4,998 | €7,472 | +€2,474 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,313 | -€9,399 | +€914 | +8.9% |
| Profit (loss) for the period | 9904 | -€10,313 | -€9,399 | +€914 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,313 | -€9,399 | +€914 | +8.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.