MIV4N: 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.
MIV4N
Largest movements
- Tangible fixed assets -€1,631
down €1,631 (-66.7%), from €2,446 to €815
of which Furniture and vehicles: -€868
- Cash -€645
down €645 (-16.3%), from €3,964 to €3,319
mainly Other debts (-€4,373) and Trade debts (-€3,846)
- Receivables within one year +€120
up €120 (+13.7%), from €874 to €994
of which Trade receivables: +€611
- Profit (loss) carried forward +€6,063
up €6,063 (+7.1%), from -€85,942 to -€79,879
- Other debts -€4,373
down €4,373 (-5.3%), from €82,477 to €78,103
- Trade debts -€3,846
down €3,846 (-84.5%), from €4,549 to €703
- Gross operating margin +€8,180
up €8,180 (+7778.4%), from €105 to €8,285
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 | €7,284 | €5,127 | -€2,156 | -29.6% |
| Fixed assets | 21/28 | €2,446 | €815 | -€1,631 | -66.7% |
| Tangible fixed assets | 22/27 | €2,446 | €815 | -€1,631 | -66.7% |
| Land and buildings | 22 | €1,145 | €382 | -€763 | -66.7% |
| Furniture and vehicles | 24 | €1,302 | €434 | -€868 | -66.7% |
| Current assets | 29/58 | €4,838 | €4,312 | -€526 | -10.9% |
| Amounts receivable within one year | 40/41 | €874 | €994 | +€120 | +13.7% |
| Trade receivables | 40 | - | €611 | +€611 | |
| Other amounts receivable | 41 | €874 | €382 | -€492 | -56.3% |
| Cash at bank and in hand | 54/58 | €3,964 | €3,319 | -€645 | -16.3% |
| Total equity and liabilities | 10/49 | €7,284 | €5,127 | -€2,156 | -29.6% |
| Equity | 10/15 | -€79,742 | -€73,679 | +€6,063 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,942 | -€79,879 | +€6,063 | +7.1% |
| Amounts payable | 17/49 | €87,026 | €78,807 | -€8,219 | -9.4% |
| Amounts payable within one year | 42/48 | €87,026 | €78,807 | -€8,219 | -9.4% |
| Trade debts | 44 | €4,549 | €703 | -€3,846 | -84.5% |
| Suppliers | 440/4 | €4,549 | €703 | -€3,846 | -84.5% |
| Other amounts payable | 47/48 | €82,477 | €78,103 | -€4,373 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,631 | €1,631 | = | 0.0% |
| Other operating charges | 640/8 | €548 | €537 | -€11 | -1.9% |
| Gross operating margin | 9900 | €105 | €8,285 | +€8,180 | +7778.4% |
| Operating profit (loss) | 9901 | -€2,074 | €6,117 | +€8,190 | |
| Financial charges | 65/66B | €32 | €54 | +€22 | +71.3% |
| Recurring financial charges | 65 | €32 | €54 | +€22 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,105 | €6,063 | +€8,168 | |
| Profit (loss) for the period | 9904 | -€2,105 | €6,063 | +€8,168 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,105 | €6,063 | +€8,168 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.