MITLAN: 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.
MITLAN
Largest movements
- Receivables within one year -€8,167
down €8,167 (-99.4%), from €8,213 to €46
- Cash +€4,971
up €4,971 (+42.4%), from €11,736 to €16,708
mainly Receivables within one year (+€8,167) and Trade debts (+€4,056)
- Tangible fixed assets -€2,364
down €2,364 (-49.9%), from €4,738 to €2,374
- Deferred charges and accrued income +€543
up €543 (+22.7%), from €2,390 to €2,933
- Profit (loss) carried forward -€7,529
down €7,529 (-66.0%), from €11,414 to €3,886
- Trade debts +€4,056
up €4,056 (+265.1%), from €1,530 to €5,585
- Other debts -€1,408
down €1,408 (-57.6%), from €2,442 to €1,034
- Gross operating margin -€23,851
down €23,851, from €18,998 to -€4,853
- Taxes -€3,492
down €3,492 (-96.4%), from €3,624 to €132
- Depreciation -€1,134
down €1,134 (-32.4%), from €3,498 to €2,364
- Financial charges -€319
down €319 (-68.6%), from €466 to €146
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 | €27,077 | €22,060 | -€5,017 | -18.5% |
| Fixed assets | 21/28 | €4,738 | €2,374 | -€2,364 | -49.9% |
| Tangible fixed assets | 22/27 | €4,738 | €2,374 | -€2,364 | -49.9% |
| Furniture and vehicles | 24 | €4,738 | €2,374 | -€2,364 | -49.9% |
| Current assets | 29/58 | €22,339 | €19,687 | -€2,653 | -11.9% |
| Amounts receivable within one year | 40/41 | €8,213 | €46 | -€8,167 | -99.4% |
| Trade receivables | 40 | €8,213 | €46 | -€8,167 | -99.4% |
| Cash at bank and in hand | 54/58 | €11,736 | €16,708 | +€4,971 | +42.4% |
| Deferred charges and accrued income | 490/1 | €2,390 | €2,933 | +€543 | +22.7% |
| Total equity and liabilities | 10/49 | €27,077 | €22,060 | -€5,017 | -18.5% |
| Equity | 10/15 | €12,914 | €5,386 | -€7,529 | -58.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,414 | €3,886 | -€7,529 | -66.0% |
| Amounts payable | 17/49 | €14,163 | €16,675 | +€2,512 | +17.7% |
| Amounts payable within one year | 42/48 | €14,163 | €16,675 | +€2,512 | +17.7% |
| Trade debts | 44 | €1,530 | €5,585 | +€4,056 | +265.1% |
| Suppliers | 440/4 | €1,530 | €5,585 | +€4,056 | +265.1% |
| Taxes, remuneration and social security | 45 | €10,191 | €10,055 | -€136 | -1.3% |
| Taxes | 450/3 | €10,191 | €10,055 | -€136 | -1.3% |
| Other amounts payable | 47/48 | €2,442 | €1,034 | -€1,408 | -57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,498 | €2,364 | -€1,134 | -32.4% |
| Other operating charges | 640/8 | - | €78 | +€78 | |
| Gross operating margin | 9900 | €18,998 | -€4,853 | -€23,851 | |
| Operating profit (loss) | 9901 | €15,500 | -€7,295 | -€22,795 | |
| Financial income | 75/76B | €4 | €44 | +€40 | +998.5% |
| Recurring financial income | 75 | €4 | €44 | +€40 | +998.5% |
| Financial charges | 65/66B | €466 | €146 | -€319 | -68.6% |
| Recurring financial charges | 65 | €466 | €146 | -€319 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €15,039 | -€7,397 | -€22,435 | |
| Income taxes | 67/77 | €3,624 | €132 | -€3,492 | -96.4% |
| Profit (loss) for the period | 9904 | €11,414 | -€7,529 | -€18,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,414 | -€7,529 | -€18,943 |
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 2 October 2026 via checked.be.