MIVA CREATIONS: 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.
MIVA CREATIONS
Largest movements
- Cash -€23,568
down €23,568 (-46.9%), from €50,221 to €26,653
mainly Investment in fixed assets (net) (-€9,809) and Tax, wage and social debts (-€6,303)
- Financial fixed assets +€5,500
new in 2025: €5,500
- Receivables within one year +€4,747
up €4,747 (+46.2%), from €10,268 to €15,015
of which Other amounts receivable: +€13,122
- Tangible fixed assets +€2,094
up €2,094 (+45.2%), from €4,628 to €6,722
of which Furniture and vehicles: +€2,356
- Deferred charges and accrued income -€701
down €701 (-57.0%), from €1,231 to €530
- Tax, wage and social debts -€6,303
down €6,303 (-35.7%), from €17,633 to €11,329
- Reserves -€2,694
down €2,694 (-6.8%), from €39,395 to €36,701
- Other debts -€1,858
no longer reported in 2025 (was €1,858)
- Trade debts -€1,073
down €1,073 (-24.0%), from €4,464 to €3,391
- Gross operating margin -€46,412
down €46,412 (-93.2%), from €49,790 to €3,378
- Taxes -€8,878
down €8,878 (-88.2%), from €10,067 to €1,189
- Financial charges +€2,783
up €2,783 (+3,442%), from €81 to €2,863
- Depreciation +€1,962
up €1,962 (+778%), from €252 to €2,215
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 | €66,349 | €54,421 | -€11,928 | -18.0% |
| Fixed assets | 21/28 | €4,628 | €12,222 | +€7,594 | +164% |
| Tangible fixed assets | 22/27 | €4,628 | €6,722 | +€2,094 | +45.2% |
| Plant, machinery and equipment | 23 | €1,841 | €1,579 | -€262 | -14.2% |
| Furniture and vehicles | 24 | €2,787 | €5,143 | +€2,356 | +84.5% |
| Financial fixed assets | 28 | - | €5,500 | +€5,500 | |
| Current assets | 29/58 | €61,721 | €42,199 | -€19,522 | -31.6% |
| Amounts receivable within one year | 40/41 | €10,268 | €15,015 | +€4,747 | +46.2% |
| Trade receivables | 40 | €9,375 | €1,000 | -€8,375 | -89.3% |
| Other amounts receivable | 41 | €893 | €14,015 | +€13,122 | +1,469% |
| Cash at bank and in hand | 54/58 | €50,221 | €26,653 | -€23,568 | -46.9% |
| Deferred charges and accrued income | 490/1 | €1,231 | €530 | -€701 | -57.0% |
| Total equity and liabilities | 10/49 | €66,349 | €54,421 | -€11,928 | -18.0% |
| Equity | 10/15 | €42,395 | €39,701 | -€2,694 | -6.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,395 | €36,701 | -€2,694 | -6.8% |
| Distributable reserves | 133 | €39,395 | €36,701 | -€2,694 | -6.8% |
| Amounts payable | 17/49 | €23,954 | €14,720 | -€9,234 | -38.5% |
| Amounts payable within one year | 42/48 | €23,954 | €14,720 | -€9,234 | -38.5% |
| Trade debts | 44 | €4,464 | €3,391 | -€1,073 | -24.0% |
| Suppliers | 440/4 | €4,464 | €3,391 | -€1,073 | -24.0% |
| Taxes, remuneration and social security | 45 | €17,633 | €11,329 | -€6,303 | -35.7% |
| Taxes | 450/3 | €17,633 | €11,329 | -€6,303 | -35.7% |
| Other amounts payable | 47/48 | €1,858 | - | -€1,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €2,215 | +€1,962 | +778% |
| Other operating charges | 640/8 | - | €163 | +€163 | |
| Gross operating margin | 9900 | €49,790 | €3,378 | -€46,412 | -93.2% |
| Operating profit (loss) | 9901 | €49,537 | €1,000 | -€48,538 | -98.0% |
| Financial income | 75/76B | €5 | €359 | +€354 | +7,090% |
| Recurring financial income | 75 | €5 | €359 | +€354 | +7,090% |
| Financial charges | 65/66B | €81 | €2,863 | +€2,783 | +3,442% |
| Recurring financial charges | 65 | €81 | €2,863 | +€2,783 | +3,442% |
| Profit (loss) for the period before taxes | 9903 | €49,461 | -€1,505 | -€50,967 | |
| Income taxes | 67/77 | €10,067 | €1,189 | -€8,878 | -88.2% |
| Profit (loss) for the period | 9904 | €39,395 | -€2,694 | -€42,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,395 | -€2,694 | -€42,089 |
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 14 October 2026 via checked.be.