MITUTOR: 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.
MITUTOR
Largest movements
- Cash +€54,057
up €54,057 (+147.1%), from €36,760 to €90,817
mainly Net result for the year (+€357,289) and Receivables within one year (+€27,714)
- Receivables within one year -€27,714
down €27,714 (-92.2%), from €30,044 to €2,329
of which Trade receivables: -€27,767
- Tangible fixed assets -€18,238
down €18,238 (-4.0%), from €451,325 to €433,087
- Debts after one year -€364,259
down €364,259 (-27.0%), from €1.4m to €986,194
- Reserves +€334,411
new in 2024: €334,411
- Financial income +€271,251
new in 2024: €271,251
- Gross operating margin +€89,673
up €89,673 (+115.7%), from €77,531 to €167,205
- Financial charges -€15,063
down €15,063 (-21.9%), from €68,759 to €53,697
- Taxes +€7,947
new in 2024: €7,947
- Depreciation -€3,312
down €3,312 (-15.4%), from €21,550 to €18,238
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.
Cash bridge derived
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 | €1,618,129 | €1,626,234 | +€8,105 | +0.5% |
| Fixed assets | 21/28 | €1,551,325 | €1,533,087 | -€18,238 | -1.2% |
| Tangible fixed assets | 22/27 | €451,325 | €433,087 | -€18,238 | -4.0% |
| Land and buildings | 22 | €451,325 | €433,087 | -€18,238 | -4.0% |
| Financial fixed assets | 28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Current assets | 29/58 | €66,804 | €93,147 | +€26,343 | +39.4% |
| Amounts receivable within one year | 40/41 | €30,044 | €2,329 | -€27,714 | -92.2% |
| Trade receivables | 40 | €30,044 | €2,277 | -€27,767 | -92.4% |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Cash at bank and in hand | 54/58 | €36,760 | €90,817 | +€54,057 | +147.1% |
| Total equity and liabilities | 10/49 | €1,618,129 | €1,626,234 | +€8,105 | +0.5% |
| Equity | 10/15 | €87,122 | €434,411 | +€347,289 | +398.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €334,411 | +€334,411 | |
| Distributable reserves | 133 | - | €334,411 | +€334,411 | |
| Profit (loss) carried forward | 14 | -€12,878 | €0 | +€12,878 | |
| Amounts payable | 17/49 | €1,531,006 | €1,191,823 | -€339,184 | -22.2% |
| Amounts payable after more than one year | 17 | €1,350,452 | €986,194 | -€364,259 | -27.0% |
| Financial debts | 170/4 | €1,350,452 | €986,194 | -€364,259 | -27.0% |
| Amounts payable within one year | 42/48 | €148,198 | €173,549 | +€25,351 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €141,905 | €145,877 | +€3,972 | +2.8% |
| Trade debts | 44 | €4,249 | €1,266 | -€2,983 | -70.2% |
| Suppliers | 440/4 | €4,249 | €1,266 | -€2,983 | -70.2% |
| Taxes, remuneration and social security | 45 | €2,044 | €16,406 | +€14,362 | +702.6% |
| Taxes | 450/3 | €2,044 | €16,406 | +€14,362 | +702.6% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €32,356 | €32,080 | -€276 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,550 | €18,238 | -€3,312 | -15.4% |
| Other operating charges | 640/8 | €100 | €1,285 | +€1,185 | +1185.0% |
| Gross operating margin | 9900 | €77,531 | €167,205 | +€89,673 | +115.7% |
| Operating profit (loss) | 9901 | €55,882 | €147,682 | +€91,800 | +164.3% |
| Financial income | 75/76B | - | €271,251 | +€271,251 | |
| Recurring financial income | 75 | - | €271,251 | +€271,251 | |
| Financial charges | 65/66B | €68,759 | €53,697 | -€15,063 | -21.9% |
| Recurring financial charges | 65 | €68,759 | €53,697 | -€15,063 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,878 | €365,236 | +€378,114 | |
| Income taxes | 67/77 | - | €7,947 | +€7,947 | |
| Profit (loss) for the period | 9904 | -€12,878 | €357,289 | +€370,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,878 | €357,289 | +€370,167 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.