MIVOMAP: what changed
What changed
MIVOMAP
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€85,838
2024 · €321,593-€235,755
Equity
€1.7m
2024 · €1.6m+€85,838
Cash
€194,854
2024 · €243,344-€48,489
Balance sheet total
€3.9m
2024 · €4.2m-€253,670
Largest movements
Assets
- Deferred charges and accrued income -€142,608
down €142,608 (-83.2%), from €171,339 to €28,731
- Receivables within one year -€99,346
down €99,346 (-13.5%), from €738,621 to €639,275
of which Trade receivables: -€91,543
- Cash -€48,489
down €48,489 (-19.9%), from €243,344 to €194,854
mainly Trade debts (-€165,998) and Debts after one year (-€154,778)
Equity and liabilities
- Trade debts -€165,998
down €165,998 (-84.1%), from €197,425 to €31,428
- Debts after one year -€154,778
down €154,778 (-7.1%), from €2.2m to €2.0m
- Profit (loss) carried forward +€85,838
up €85,838 (+21.8%), from €394,635 to €480,473
Income statement
- Financial income -€283,865
down €283,865 (-92.2%), from €307,865 to €24,000
- Gross operating margin +€38,455
up €38,455 (+27.8%), from €138,541 to €176,995
- Taxes +€18,879
up €18,879 (+192%), from €9,811 to €28,690
- Financial charges -€6,934
down €6,934 (-10.7%), from €64,764 to €57,831
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€321,593
Gross operating margin
+€38,455
Depreciation
+€75
Other operating charges
+€110
Other operating items
+€21,415
Financial income
-€283,865
Financial charges
+€6,934
Taxes
-€18,879
Result 2025
€85,838
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€167,968
Investment
-€64,196
Financing
-€152,261
Cash 2024
€243,344
From operations (derived)
+€167,968
Net result for the year
+€85,838
Depreciation
+€27,423
Receivables within one year
+€99,346
Deferred charges and accrued income
+€142,608
Trade debts
-€165,998
Tax, wage and social debts
-€6,121
Accrued charges and deferred income
-€15,128
Investment (derived)
-€64,196
Investment in fixed assets (net)
-€64,196
Financing
-€152,261
Debts after one year
-€154,778
Current portion of long-term debt
+€2,516
Cash 2025
€194,854
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,157,491 | €3,903,821 | -€253,670 | -6.1% |
| Fixed assets | 21/28 | €3,004,187 | €3,040,960 | +€36,773 | +1.2% |
| Tangible fixed assets | 22/27 | €747,708 | €784,481 | +€36,773 | +4.9% |
| Leasing and similar rights | 25 | €199,399 | €171,976 | -€27,423 | -13.8% |
| Other tangible fixed assets | 26 | €548,309 | €612,505 | +€64,196 | +11.7% |
| Financial fixed assets | 28 | €2,256,479 | €2,256,479 | = | 0.0% |
| Current assets | 29/58 | €1,153,304 | €862,860 | -€290,443 | -25.2% |
| Amounts receivable within one year | 40/41 | €738,621 | €639,275 | -€99,346 | -13.5% |
| Trade receivables | 40 | €129,555 | €38,012 | -€91,543 | -70.7% |
| Other amounts receivable | 41 | €609,066 | €601,263 | -€7,804 | -1.3% |
| Cash at bank and in hand | 54/58 | €243,344 | €194,854 | -€48,489 | -19.9% |
| Deferred charges and accrued income | 490/1 | €171,339 | €28,731 | -€142,608 | -83.2% |
| Total equity and liabilities | 10/49 | €4,157,491 | €3,903,821 | -€253,670 | -6.1% |
| Equity | 10/15 | €1,614,635 | €1,700,473 | +€85,838 | +5.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,020,000 | €1,020,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,635 | €480,473 | +€85,838 | +21.8% |
| Amounts payable | 17/49 | €2,542,856 | €2,203,347 | -€339,509 | -13.4% |
| Amounts payable after more than one year | 17 | €2,165,730 | €2,010,952 | -€154,778 | -7.1% |
| Financial debts | 170/4 | €2,165,730 | €2,010,952 | -€154,778 | -7.1% |
| Amounts payable within one year | 42/48 | €359,498 | €189,895 | -€169,603 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €152,261 | €154,778 | +€2,516 | +1.7% |
| Trade debts | 44 | €197,425 | €31,428 | -€165,998 | -84.1% |
| Suppliers | 440/4 | €197,425 | €31,428 | -€165,998 | -84.1% |
| Taxes, remuneration and social security | 45 | €9,811 | €3,690 | -€6,121 | -62.4% |
| Taxes | 450/3 | €9,811 | €3,690 | -€6,121 | -62.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €17,628 | €2,500 | -€15,128 | -85.8% |
| Non-recurring operating income | 76A | €64,372 | €64,196 | -€176 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,498 | €27,423 | -€75 | -0.3% |
| Other operating charges | 640/8 | €1,325 | €1,214 | -€110 | -8.3% |
| Non-recurring operating charges | 66A | €21,415 | €0 | -€21,415 | -100% |
| Gross operating margin | 9900 | €138,541 | €176,995 | +€38,455 | +27.8% |
| Operating profit (loss) | 9901 | €88,303 | €148,358 | +€60,055 | +68.0% |
| Financial income | 75/76B | €307,865 | €24,000 | -€283,865 | -92.2% |
| Recurring financial income | 75 | €307,865 | €24,000 | -€283,865 | -92.2% |
| Financial charges | 65/66B | €64,764 | €57,831 | -€6,934 | -10.7% |
| Recurring financial charges | 65 | €64,764 | €57,831 | -€6,934 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €331,404 | €114,528 | -€216,876 | -65.4% |
| Income taxes | 67/77 | €9,811 | €28,690 | +€18,879 | +192% |
| Profit (loss) for the period | 9904 | €321,593 | €85,838 | -€235,755 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €321,593 | €85,838 | -€235,755 | -73.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.