Mitivanti: 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.
Mitivanti
Largest movements
- Cash +€62,222
up €62,222 (+95.4%), from €65,254 to €127,476
mainly Net result for the year (+€42,522) and Tax, wage and social debts (+€8,721)
- Receivables within one year -€4,255
down €4,255 (-16.5%), from €25,802 to €21,548
of which Other amounts receivable: -€6,106
- Tangible fixed assets -€2,845
down €2,845 (-28.8%), from €9,891 to €7,046
- Deferred charges and accrued income -€2,012
no longer reported in 2025 (was €2,012)
- Reserves +€42,522
up €42,522 (+60.4%), from €70,445 to €112,967
- Tax, wage and social debts +€8,721
up €8,721 (+32.8%), from €26,585 to €35,306
of which Taxes: +€6,221
- Trade debts +€1,867
up €1,867 (+47.5%), from €3,929 to €5,796
- Gross operating margin -€36,366
down €36,366 (-38.8%), from €93,648 to €57,282
- Taxes -€6,614
down €6,614 (-37.2%), from €17,757 to €11,142
- Financial charges -€3,136
down €3,136 (-86.2%), from €3,638 to €502
- Depreciation +€1,249
up €1,249 (+78.3%), from €1,596 to €2,845
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.
Derived cash bridge
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 | €102,959 | €156,070 | +€53,111 | +51.6% |
| Fixed assets | 21/28 | €9,891 | €7,046 | -€2,845 | -28.8% |
| Tangible fixed assets | 22/27 | €9,891 | €7,046 | -€2,845 | -28.8% |
| Furniture and vehicles | 24 | €9,891 | €7,046 | -€2,845 | -28.8% |
| Current assets | 29/58 | €93,068 | €149,024 | +€55,956 | +60.1% |
| Amounts receivable within one year | 40/41 | €25,802 | €21,548 | -€4,255 | -16.5% |
| Trade receivables | 40 | €16,783 | €18,634 | +€1,851 | +11.0% |
| Other amounts receivable | 41 | €9,020 | €2,914 | -€6,106 | -67.7% |
| Cash at bank and in hand | 54/58 | €65,254 | €127,476 | +€62,222 | +95.4% |
| Deferred charges and accrued income | 490/1 | €2,012 | - | -€2,012 | |
| Total equity and liabilities | 10/49 | €102,959 | €156,070 | +€53,111 | +51.6% |
| Equity | 10/15 | €72,445 | €114,967 | +€42,522 | +58.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,445 | €112,967 | +€42,522 | +60.4% |
| Distributable reserves | 133 | €70,445 | €112,967 | +€42,522 | +60.4% |
| Amounts payable | 17/49 | €30,514 | €41,102 | +€10,589 | +34.7% |
| Amounts payable within one year | 42/48 | €30,514 | €41,102 | +€10,589 | +34.7% |
| Trade debts | 44 | €3,929 | €5,796 | +€1,867 | +47.5% |
| Suppliers | 440/4 | €3,929 | €5,796 | +€1,867 | +47.5% |
| Taxes, remuneration and social security | 45 | €26,585 | €35,306 | +€8,721 | +32.8% |
| Taxes | 450/3 | €26,585 | €32,806 | +€6,221 | +23.4% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €2,845 | +€1,249 | +78.3% |
| Other operating charges | 640/8 | €212 | €403 | +€191 | +89.8% |
| Gross operating margin | 9900 | €93,648 | €57,282 | -€36,366 | -38.8% |
| Operating profit (loss) | 9901 | €91,840 | €54,034 | -€37,806 | -41.2% |
| Financial income | 75/76B | €0 | €132 | +€132 | +441,267% |
| Recurring financial income | 75 | €0 | €132 | +€132 | +441,267% |
| Financial charges | 65/66B | €3,638 | €502 | -€3,136 | -86.2% |
| Recurring financial charges | 65 | €3,638 | €502 | -€3,136 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | €88,202 | €53,665 | -€34,538 | -39.2% |
| Income taxes | 67/77 | €17,757 | €11,142 | -€6,614 | -37.2% |
| Profit (loss) for the period | 9904 | €70,445 | €42,522 | -€27,923 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,445 | €42,522 | -€27,923 | -39.6% |
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 31 October 2026 via checked.be.