Mitrovic Isolatie: 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.
Mitrovic Isolatie
Largest movements
- Tangible fixed assets +€70,115
new in 2024: €70,115
- Receivables within one year +€69,435
up €69,435 (+519%), from €13,374 to €82,809
of which Trade receivables: +€48,062
- Cash -€18,108
down €18,108 (-84.8%), from €21,355 to €3,247
mainly Investment in fixed assets (net) (-€97,501) and Receivables within one year (-€69,435)
- Debts after one year +€55,108
new in 2024: €55,108
- Profit (loss) carried forward +€20,602
new in 2024: €20,602
- Trade debts +€19,298
up €19,298 (+760%), from €2,539 to €21,837
- Current portion of long-term debt +€17,676
new in 2024: €17,676
- Tax, wage and social debts +€9,644
up €9,644 (+174%), from €5,556 to €15,200
- Gross operating margin +€32,103
up €32,103 (+83.3%), from €38,534 to €70,637
- Depreciation +€27,427
new in 2024: €27,427
- Other operating charges +€7,792
up €7,792 (+2,485%), from €314 to €8,106
- Financial charges +€2,545
up €2,545 (+718%), from €355 to €2,900
- Taxes +€1,089
up €1,089 (+10.3%), from €10,556 to €11,644
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,405 | €161,067 | +€120,662 | +299% |
| Fixed assets | 21/28 | €40 | €70,115 | +€70,075 | +175,187% |
| Tangible fixed assets | 22/27 | - | €70,115 | +€70,115 | |
| Furniture and vehicles | 24 | - | €70,115 | +€70,115 | |
| Financial fixed assets | 28 | €40 | - | -€40 | |
| Current assets | 29/58 | €40,365 | €90,952 | +€50,587 | +125% |
| Amounts receivable within one year | 40/41 | €13,374 | €82,809 | +€69,435 | +519% |
| Trade receivables | 40 | €5,935 | €53,997 | +€48,062 | +810% |
| Other amounts receivable | 41 | €7,439 | €28,812 | +€21,373 | +287% |
| Cash at bank and in hand | 54/58 | €21,355 | €3,247 | -€18,108 | -84.8% |
| Deferred charges and accrued income | 490/1 | €5,635 | €4,895 | -€740 | -13.1% |
| Total equity and liabilities | 10/49 | €40,405 | €161,067 | +€120,662 | +299% |
| Equity | 10/15 | €30,644 | €51,246 | +€20,602 | +67.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,644 | €25,644 | = | 0.0% |
| Distributable reserves | 133 | €25,644 | €25,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €20,602 | +€20,602 | |
| Amounts payable | 17/49 | €9,761 | €109,821 | +€100,060 | +1,025% |
| Amounts payable after more than one year | 17 | - | €55,108 | +€55,108 | |
| Financial debts | 170/4 | - | €55,108 | +€55,108 | |
| Amounts payable within one year | 42/48 | €9,761 | €54,713 | +€44,952 | +461% |
| Current portion of amounts payable after more than one year | 42 | - | €17,676 | +€17,676 | |
| Trade debts | 44 | €2,539 | €21,837 | +€19,298 | +760% |
| Suppliers | 440/4 | €2,539 | €21,837 | +€19,298 | +760% |
| Taxes, remuneration and social security | 45 | €5,556 | €15,200 | +€9,644 | +174% |
| Taxes | 450/3 | €5,556 | €15,200 | +€9,644 | +174% |
| Other amounts payable | 47/48 | €1,666 | - | -€1,666 | |
| Non-recurring operating income | 76A | - | €130 | +€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €27,427 | +€27,427 | |
| Other operating charges | 640/8 | €314 | €8,106 | +€7,792 | +2,485% |
| Gross operating margin | 9900 | €38,534 | €70,637 | +€32,103 | +83.3% |
| Operating profit (loss) | 9901 | €38,220 | €35,105 | -€3,116 | -8.2% |
| Financial income | 75/76B | €0 | €41 | +€41 | +409,600% |
| Recurring financial income | 75 | €0 | €41 | +€41 | +409,600% |
| Financial charges | 65/66B | €355 | €2,900 | +€2,545 | +718% |
| Recurring financial charges | 65 | €355 | €2,900 | +€2,545 | +718% |
| Profit (loss) for the period before taxes | 9903 | €37,866 | €32,246 | -€5,620 | -14.8% |
| Income taxes | 67/77 | €10,556 | €11,644 | +€1,089 | +10.3% |
| Profit (loss) for the period | 9904 | €27,310 | €20,602 | -€6,709 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,310 | €20,602 | -€6,709 | -24.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.