MiToCo: 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.
MiToCo
Largest movements
- Tangible fixed assets -€14,367
down €14,367 (-5.7%), from €250,321 to €235,953
of which Land and buildings: -€13,533
- Receivables within one year -€6,440
down €6,440 (-33.6%), from €19,184 to €12,744
of which Other amounts receivable: -€6,440
- Reserves -€42,120
down €42,120 (-98.0%), from €43,000 to €880
- Debts after one year +€15,701
up €15,701 (+7.2%), from €218,248 to €233,949
- Other debts +€3,314
up €3,314, from €0 to €3,314
- Gross operating margin -€5,928
down €5,928 (-10.0%), from €59,246 to €53,319
- Financial charges -€2,255
down €2,255 (-19.2%), from €11,732 to €9,477
- Taxes -€961
down €961 (-13.5%), from €7,109 to €6,147
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 | €281,409 | €262,645 | -€18,764 | -6.7% |
| Fixed assets | 21/28 | €250,571 | €236,203 | -€14,367 | -5.7% |
| Tangible fixed assets | 22/27 | €250,321 | €235,953 | -€14,367 | -5.7% |
| Land and buildings | 22 | €244,083 | €230,550 | -€13,533 | -5.5% |
| Plant, machinery and equipment | 23 | €1,954 | €3,206 | +€1,252 | +64.1% |
| Furniture and vehicles | 24 | €4,284 | €2,198 | -€2,086 | -48.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €30,838 | €26,442 | -€4,397 | -14.3% |
| Amounts receivable within one year | 40/41 | €19,184 | €12,744 | -€6,440 | -33.6% |
| Trade receivables | 40 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 41 | €10,184 | €3,744 | -€6,440 | -63.2% |
| Cash at bank and in hand | 54/58 | €10,281 | €12,252 | +€1,971 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,446 | +€72 | +5.3% |
| Total equity and liabilities | 10/49 | €281,409 | €262,645 | -€18,764 | -6.7% |
| Equity | 10/15 | €45,500 | €3,380 | -€42,120 | -92.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €43,000 | €880 | -€42,120 | -98.0% |
| Distributable reserves | 133 | €43,000 | €880 | -€42,120 | -98.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,909 | €259,265 | +€23,356 | +9.9% |
| Amounts payable after more than one year | 17 | €218,248 | €233,949 | +€15,701 | +7.2% |
| Financial debts | 170/4 | €218,248 | €233,949 | +€15,701 | +7.2% |
| Amounts payable within one year | 42/48 | €17,203 | €25,190 | +€7,987 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €13,733 | €14,299 | +€566 | +4.1% |
| Trade debts | 44 | €1,745 | €4,433 | +€2,688 | +154.0% |
| Suppliers | 440/4 | €1,745 | €4,433 | +€2,688 | +154.0% |
| Taxes, remuneration and social security | 45 | €1,725 | €3,145 | +€1,420 | +82.3% |
| Taxes | 450/3 | €1,725 | €3,145 | +€1,420 | +82.3% |
| Other amounts payable | 47/48 | €0 | €3,314 | +€3,314 | |
| Accrued charges and deferred income | 492/3 | €459 | €126 | -€333 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,089 | €16,551 | +€462 | +2.9% |
| Other operating charges | 640/8 | €1,734 | €1,434 | -€300 | -17.3% |
| Gross operating margin | 9900 | €59,246 | €53,319 | -€5,928 | -10.0% |
| Operating profit (loss) | 9901 | €41,424 | €35,334 | -€6,090 | -14.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,732 | €9,477 | -€2,255 | -19.2% |
| Recurring financial charges | 65 | €11,732 | €9,477 | -€2,255 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €29,692 | €25,858 | -€3,834 | -12.9% |
| Income taxes | 67/77 | €7,109 | €6,147 | -€961 | -13.5% |
| Profit (loss) for the period | 9904 | €22,583 | €19,710 | -€2,873 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,583 | €19,710 | -€2,873 | -12.7% |
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 28 September 2026 via checked.be.