MIVIDA: 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.
MIVIDA
Largest movements
- Stocks and contracts -€4,238
down €4,238 (-18.6%), from €22,799 to €18,561
- Cash -€3,481
down €3,481 (-7.1%), from €48,848 to €45,367
mainly Net result for the year (-€6,607) and Trade debts (-€2,042)
- Tangible fixed assets -€2,093
down €2,093 (-43.8%), from €4,782 to €2,688
of which Plant, machinery and equipment: -€1,686
- Financial fixed assets +€1,530
up €1,530 (+27.9%), from €5,484 to €7,015
- Profit (loss) carried forward -€6,607
down €6,607, from €5,980 to -€627
- Trade debts -€2,042
down €2,042 (-62.6%), from €3,263 to €1,220
- Gross operating margin -€22,220
down €22,220 (-76.1%), from €29,211 to €6,992
- Other operating charges -€12,955
down €12,955 (-67.7%), from €19,150 to €6,195
- Staff costs -€1,742
down €1,742 (-27.6%), from €6,304 to €4,562
- Taxes -€495
down €495 (-77.8%), from €636 to €141
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 | €93,921 | €85,160 | -€8,761 | -9.3% |
| Fixed assets | 21/28 | €10,266 | €9,703 | -€563 | -5.5% |
| Tangible fixed assets | 22/27 | €4,782 | €2,688 | -€2,093 | -43.8% |
| Plant, machinery and equipment | 23 | €3,865 | €2,179 | -€1,686 | -43.6% |
| Furniture and vehicles | 24 | €917 | €509 | -€407 | -44.4% |
| Financial fixed assets | 28 | €5,484 | €7,015 | +€1,530 | +27.9% |
| Current assets | 29/58 | €83,655 | €75,457 | -€8,198 | -9.8% |
| Stocks and contracts in progress | 3 | €22,799 | €18,561 | -€4,238 | -18.6% |
| Stocks | 30/36 | €22,799 | €18,561 | -€4,238 | -18.6% |
| Amounts receivable within one year | 40/41 | €12,008 | €11,528 | -€480 | -4.0% |
| Other amounts receivable | 41 | €12,008 | €11,528 | -€480 | -4.0% |
| Cash at bank and in hand | 54/58 | €48,848 | €45,367 | -€3,481 | -7.1% |
| Total equity and liabilities | 10/49 | €93,921 | €85,160 | -€8,761 | -9.3% |
| Equity | 10/15 | €83,694 | €77,087 | -€6,607 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,114 | €59,114 | = | 0.0% |
| Non-distributable reserves | 130/1 | €568 | €568 | = | 0.0% |
| Reserves not available under the articles | 1311 | €568 | €568 | = | 0.0% |
| Distributable reserves | 133 | €58,545 | €58,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,980 | -€627 | -€6,607 | |
| Amounts payable | 17/49 | €10,227 | €8,073 | -€2,154 | -21.1% |
| Amounts payable within one year | 42/48 | €10,227 | €8,073 | -€2,154 | -21.1% |
| Trade debts | 44 | €3,263 | €1,220 | -€2,042 | -62.6% |
| Suppliers | 440/4 | €3,263 | €1,220 | -€2,042 | -62.6% |
| Taxes, remuneration and social security | 45 | €2,964 | €2,852 | -€112 | -3.8% |
| Taxes | 450/3 | €2,685 | €2,494 | -€191 | -7.1% |
| Remuneration and social security | 454/9 | €279 | €358 | +€79 | +28.5% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €6,304 | €4,562 | -€1,742 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,239 | €2,093 | -€145 | -6.5% |
| Other operating charges | 640/8 | €19,150 | €6,195 | -€12,955 | -67.7% |
| Gross operating margin | 9900 | €29,211 | €6,992 | -€22,220 | -76.1% |
| Operating profit (loss) | 9901 | €1,519 | -€5,859 | -€7,377 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €566 | €607 | +€41 | +7.3% |
| Recurring financial charges | 65 | €566 | €607 | +€41 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €953 | -€6,466 | -€7,419 | |
| Income taxes | 67/77 | €636 | €141 | -€495 | -77.8% |
| Profit (loss) for the period | 9904 | €317 | -€6,607 | -€6,924 | |
| Profit (loss) for the period to be appropriated | 9905 | €317 | -€6,607 | -€6,924 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.