miVXBuilding: 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.
miVXBuilding
Largest movements
- Tangible fixed assets +€4.6m
up €4.6m (+97.1%), from €4.7m to €9.3m
- Current investments -€1.0m
down €1.0m (-54.6%), from €1.9m to €861,973
- Cash +€323,968
up €323,968 (+206%), from €156,953 to €480,921
mainly Short-term financial debts (+€9.1m) and Current investments (+€1.0m)
- Short-term financial debts +€9.1m
new in 2025: €9.1m
of which Credit institutions: +€7.1m
- Debts after one year -€5.2m
no longer reported in 2025 (was €5.2m)
- Financial charges -€169,857
down €169,857 (-98.4%), from €172,618 to €2,761
- Financial income +€26,189
up €26,189 (+1,333%), from €1,964 to €28,153
- Gross operating margin -€15,470
down €15,470 (-111%), from -€13,876 to -€29,346
- Other operating charges -€328
down €328 (-21.1%), from €1,559 to €1,231
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 | €6,781,630 | €10,635,982 | +€3.9m | +56.8% |
| Fixed assets | 21/28 | €4,701,423 | €9,265,992 | +€4.6m | +97.1% |
| Tangible fixed assets | 22/27 | €4,701,423 | €9,265,992 | +€4.6m | +97.1% |
| Assets under construction and advance payments | 27 | €4,701,423 | €9,265,992 | +€4.6m | +97.1% |
| Current assets | 29/58 | €2,080,207 | €1,369,989 | -€710,218 | -34.1% |
| Amounts receivable within one year | 40/41 | €25,894 | €27,080 | +€1,186 | +4.6% |
| Other amounts receivable | 41 | €25,894 | €27,080 | +€1,186 | +4.6% |
| Current investments | 50/53 | €1,897,360 | €861,973 | -€1.0m | -54.6% |
| Cash at bank and in hand | 54/58 | €156,953 | €480,921 | +€323,968 | +206% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €6,781,630 | €10,635,982 | +€3.9m | +56.8% |
| Equity | 10/15 | €762,985 | €757,801 | -€5,184 | -0.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,015 | -€242,199 | -€5,184 | -2.2% |
| Amounts payable | 17/49 | €6,018,645 | €9,878,181 | +€3.9m | +64.1% |
| Amounts payable after more than one year | 17 | €5,200,497 | - | -€5.2m | |
| Financial debts | 170/4 | €5,200,497 | - | -€5.2m | |
| Amounts payable within one year | 42/48 | €812,642 | €9,838,494 | +€9.0m | +1,111% |
| Financial debts | 43 | - | €9,094,529 | +€9.1m | |
| Credit institutions | 430/8 | - | €7,070,338 | +€7.1m | |
| Other loans | 439 | - | €2,024,191 | +€2.0m | |
| Trade debts | 44 | €812,642 | €743,965 | -€68,677 | -8.5% |
| Suppliers | 440/4 | €812,642 | €743,965 | -€68,677 | -8.5% |
| Accrued charges and deferred income | 492/3 | €5,506 | €39,687 | +€34,181 | +621% |
| Other operating charges | 640/8 | €1,559 | €1,231 | -€328 | -21.1% |
| Gross operating margin | 9900 | -€13,876 | -€29,346 | -€15,470 | -111% |
| Operating profit (loss) | 9901 | -€15,435 | -€30,577 | -€15,142 | -98.1% |
| Financial income | 75/76B | €1,964 | €28,153 | +€26,189 | +1,333% |
| Recurring financial income | 75 | €1,964 | €28,153 | +€26,189 | +1,333% |
| Financial charges | 65/66B | €172,618 | €2,761 | -€169,857 | -98.4% |
| Recurring financial charges | 65 | €172,618 | €2,761 | -€169,857 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | -€186,089 | -€5,185 | +€180,904 | +97.2% |
| Profit (loss) for the period | 9904 | -€186,089 | -€5,185 | +€180,904 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€186,089 | -€5,185 | +€180,904 | +97.2% |
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.