MIVANNES: 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.
MIVANNES
Largest movements
- Cash +€16,355
up €16,355 (+39.8%), from €41,125 to €57,480
mainly Net result for the year (+€18,477) and Tax, wage and social debts (+€7,419)
- Receivables within one year +€9,630
up €9,630 (+245%), from €3,924 to €13,554
of which Trade receivables: +€12,245
- Reserves +€18,477
up €18,477 (+49.6%), from €37,259 to €55,736
- Tax, wage and social debts +€7,419
up €7,419 (+1,746%), from €425 to €7,844
- Gross operating margin +€20,050
up €20,050 (+264%), from €7,590 to €27,640
- Taxes +€4,622
up €4,622 (+118%), from €3,917 to €8,539
- Financial income -€1,145
down €1,145 (-100.0%), from €1,146 to €1
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 | €45,191 | €71,253 | +€26,062 | +57.7% |
| Current assets | 29/58 | €45,191 | €71,253 | +€26,062 | +57.7% |
| Amounts receivable within one year | 40/41 | €3,924 | €13,554 | +€9,630 | +245% |
| Trade receivables | 40 | - | €12,245 | +€12,245 | |
| Other amounts receivable | 41 | €3,924 | €1,309 | -€2,615 | -66.6% |
| Cash at bank and in hand | 54/58 | €41,125 | €57,480 | +€16,355 | +39.8% |
| Deferred charges and accrued income | 490/1 | €142 | €219 | +€77 | +54.3% |
| Total equity and liabilities | 10/49 | €45,191 | €71,253 | +€26,062 | +57.7% |
| Equity | 10/15 | €42,259 | €60,736 | +€18,477 | +43.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €37,259 | €55,736 | +€18,477 | +49.6% |
| Distributable reserves | 133 | €37,259 | €55,736 | +€18,477 | +49.6% |
| Amounts payable | 17/49 | €2,931 | €10,517 | +€7,586 | +259% |
| Amounts payable within one year | 42/48 | €2,931 | €10,517 | +€7,586 | +259% |
| Trade debts | 44 | €2,506 | €2,473 | -€33 | -1.3% |
| Suppliers | 440/4 | €2,506 | €2,473 | -€33 | -1.3% |
| Taxes, remuneration and social security | 45 | €425 | €7,844 | +€7,419 | +1,746% |
| Taxes | 450/3 | €425 | €7,844 | +€7,419 | +1,746% |
| Other amounts payable | 47/48 | €0 | €199 | +€199 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €7,590 | €27,640 | +€20,050 | +264% |
| Operating profit (loss) | 9901 | €7,077 | €27,112 | +€20,036 | +283% |
| Financial income | 75/76B | €1,146 | €1 | -€1,145 | -100.0% |
| Recurring financial income | 75 | €1,146 | €1 | -€1,145 | -100.0% |
| Financial charges | 65/66B | €25 | €97 | +€72 | +283% |
| Recurring financial charges | 65 | €25 | €97 | +€72 | +283% |
| Profit (loss) for the period before taxes | 9903 | €8,197 | €27,015 | +€18,819 | +230% |
| Income taxes | 67/77 | €3,917 | €8,539 | +€4,622 | +118% |
| Profit (loss) for the period | 9904 | €4,280 | €18,477 | +€14,197 | +332% |
| Profit (loss) for the period to be appropriated | 9905 | €4,280 | €18,477 | +€14,197 | +332% |
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 18 October 2026 via checked.be.