MITOSI: 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.
MITOSI
Largest movements
- Cash -€99,203
down €99,203 (-15.0%), from €659,548 to €560,345
mainly Contributions, distributions and other (-€278,277) and Provisions (-€92,759)
- Tangible fixed assets +€52,846
up €52,846 (+122%), from €43,313 to €96,158
of which Furniture and vehicles: +€31,563
- Receivables within one year +€22,354
up €22,354 (+13.4%), from €167,018 to €189,372
of which Other amounts receivable: +€25,526
- Provisions -€92,759
no longer reported in 2025 (was €92,759)
- Debts after one year +€39,185
new in 2025: €39,185
- Reserves +€35,428
up €35,428 (+5.1%), from €694,351 to €729,779
of which Distributable reserves: +€313,705
- Gross operating margin -€261,062
down €261,062 (-64.4%), from €405,468 to €144,406
- Financial charges -€115,154
down €115,154 (-99.6%), from €115,620 to €466
of which Non-recurring financial charges: -€102,560
- Taxes +€47,491
up €47,491 (+95.1%), from €49,925 to €97,417
- Depreciation +€6,522
up €6,522 (+80.1%), from €8,139 to €14,661
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 | €873,817 | €845,875 | -€27,942 | -3.2% |
| Fixed assets | 21/28 | €43,313 | €96,158 | +€52,846 | +122% |
| Tangible fixed assets | 22/27 | €43,313 | €96,158 | +€52,846 | +122% |
| Land and buildings | 22 | €17,909 | €15,355 | -€2,554 | -14.3% |
| Plant, machinery and equipment | 23 | €11,879 | €35,714 | +€23,836 | +201% |
| Furniture and vehicles | 24 | €13,525 | €45,088 | +€31,563 | +233% |
| Current assets | 29/58 | €830,505 | €749,717 | -€80,787 | -9.7% |
| Amounts receivable within one year | 40/41 | €167,018 | €189,372 | +€22,354 | +13.4% |
| Trade receivables | 40 | €15,518 | €12,346 | -€3,173 | -20.4% |
| Other amounts receivable | 41 | €151,500 | €177,026 | +€25,526 | +16.8% |
| Cash at bank and in hand | 54/58 | €659,548 | €560,345 | -€99,203 | -15.0% |
| Deferred charges and accrued income | 490/1 | €3,938 | - | -€3,938 | |
| Total equity and liabilities | 10/49 | €873,817 | €845,875 | -€27,942 | -3.2% |
| Equity | 10/15 | €703,048 | €738,476 | +€35,428 | +5.0% |
| Contributions | 10/11 | €8,697 | €8,697 | = | 0.0% |
| Reserves | 13 | €694,351 | €729,779 | +€35,428 | +5.1% |
| Tax-exempt reserves | 132 | €279,434 | €1,157 | -€278,277 | -99.6% |
| Distributable reserves | 133 | €414,917 | €728,622 | +€313,705 | +75.6% |
| Provisions and deferred taxes | 16 | €92,759 | - | -€92,759 | |
| Deferred taxes | 168 | €92,759 | - | -€92,759 | |
| Amounts payable | 17/49 | €78,011 | €107,400 | +€29,389 | +37.7% |
| Amounts payable after more than one year | 17 | - | €39,185 | +€39,185 | |
| Financial debts | 170/4 | - | €39,185 | +€39,185 | |
| Amounts payable within one year | 42/48 | €78,011 | €68,141 | -€9,870 | -12.7% |
| Trade debts | 44 | €10,739 | €8,064 | -€2,675 | -24.9% |
| Suppliers | 440/4 | €10,739 | €8,064 | -€2,675 | -24.9% |
| Taxes, remuneration and social security | 45 | €58,500 | €49,925 | -€8,575 | -14.7% |
| Taxes | 450/3 | €58,500 | €49,925 | -€8,575 | -14.7% |
| Other amounts payable | 47/48 | €8,772 | €10,152 | +€1,379 | +15.7% |
| Accrued charges and deferred income | 492/3 | - | €74 | +€74 | |
| Non-recurring operating income | 76A | €371,036 | €94,585 | -€276,450 | -74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,139 | €14,661 | +€6,522 | +80.1% |
| Other operating charges | 640/8 | €2,803 | €1,460 | -€1,343 | -47.9% |
| Gross operating margin | 9900 | €405,468 | €144,406 | -€261,062 | -64.4% |
| Operating profit (loss) | 9901 | €394,527 | €128,285 | -€266,242 | -67.5% |
| Financial income | 75/76B | €1,605 | €5,026 | +€3,421 | +213% |
| Recurring financial income | 75 | €1,605 | €5,026 | +€3,421 | +213% |
| Financial charges | 65/66B | €115,620 | €466 | -€115,154 | -99.6% |
| Recurring financial charges | 65 | €13,060 | €466 | -€12,594 | -96.4% |
| Non-recurring financial charges | 66B | €102,560 | - | -€102,560 | |
| Profit (loss) for the period before taxes | 9903 | €280,511 | €132,845 | -€147,667 | -52.6% |
| Transfer from deferred taxes | 780 | €75,254 | €278,277 | +€203,023 | +270% |
| Transfer to deferred taxes | 680 | €92,759 | - | -€92,759 | |
| Income taxes | 67/77 | €49,925 | €97,417 | +€47,491 | +95.1% |
| Profit (loss) for the period | 9904 | €213,081 | €313,705 | +€100,624 | +47.2% |
| Transfer from tax-exempt reserves | 789 | €145,744 | - | -€145,744 | |
| Transfer to tax-exempt reserves | 689 | €278,277 | - | -€278,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,548 | €313,705 | +€233,157 | +289% |
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 27 October 2026 via checked.be.