MiWin-IT: 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.
MiWin-IT
Largest movements
- Cash +€11,593
up €11,593 (+42.8%), from €27,085 to €38,678
mainly Other debts (+€7,251) and Depreciation (+€3,169)
- Receivables within one year -€1,846
down €1,846 (-12.5%), from €14,745 to €12,899
of which Trade receivables: -€1,591
- Deferred charges and accrued income +€1,005
up €1,005 (+30.3%), from €3,317 to €4,322
- Other debts +€7,251
up €7,251 (+2609.3%), from €278 to €7,529
- Profit (loss) carried forward +€2,775
up €2,775 (+36.1%), from -€7,686 to -€4,910
- Provisions +€915
up €915 (+3.2%), from €28,914 to €29,829
- Financial charges -€4,782
down €4,782 (-13.6%), from €35,143 to €30,360
- Taxes +€1,755
up €1,755 (+55.4%), from €3,166 to €4,921
- Gross operating margin +€1,643
up €1,643 (+4.0%), from €41,347 to €42,990
- Depreciation +€829
up €829 (+35.4%), from €2,340 to €3,169
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 | €51,742 | €62,908 | +€11,166 | +21.6% |
| Fixed assets | 21/28 | €6,595 | €7,009 | +€414 | +6.3% |
| Tangible fixed assets | 22/27 | €6,595 | €7,009 | +€414 | +6.3% |
| Furniture and vehicles | 24 | €6,595 | €7,009 | +€414 | +6.3% |
| Current assets | 29/58 | €45,147 | €55,900 | +€10,752 | +23.8% |
| Amounts receivable within one year | 40/41 | €14,745 | €12,899 | -€1,846 | -12.5% |
| Trade receivables | 40 | €14,411 | €12,820 | -€1,591 | -11.0% |
| Other amounts receivable | 41 | €334 | €79 | -€255 | -76.4% |
| Cash at bank and in hand | 54/58 | €27,085 | €38,678 | +€11,593 | +42.8% |
| Deferred charges and accrued income | 490/1 | €3,317 | €4,322 | +€1,005 | +30.3% |
| Total equity and liabilities | 10/49 | €51,742 | €62,908 | +€11,166 | +21.6% |
| Equity | 10/15 | €18,292 | €21,068 | +€2,775 | +15.2% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €11,718 | €11,718 | = | 0.0% |
| Distributable reserves | 133 | €11,718 | €11,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,686 | -€4,910 | +€2,775 | +36.1% |
| Provisions and deferred taxes | 16 | €28,914 | €29,829 | +€915 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Other liabilities and charges | 164/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Amounts payable | 17/49 | €4,535 | €12,011 | +€7,476 | +164.8% |
| Amounts payable within one year | 42/48 | €4,535 | €12,011 | +€7,476 | +164.8% |
| Trade debts | 44 | €627 | €1,134 | +€507 | +80.9% |
| Suppliers | 440/4 | €627 | €1,134 | +€507 | +80.9% |
| Taxes, remuneration and social security | 45 | €3,630 | €3,348 | -€282 | -7.8% |
| Taxes | 450/3 | €3,630 | €3,348 | -€282 | -7.8% |
| Other amounts payable | 47/48 | €278 | €7,529 | +€7,251 | +2609.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,340 | €3,169 | +€829 | +35.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €691 | €915 | +€223 | +32.3% |
| Other operating charges | 640/8 | €583 | €550 | -€32 | -5.6% |
| Non-recurring operating charges | 66A | - | €326 | +€326 | |
| Gross operating margin | 9900 | €41,347 | €42,990 | +€1,643 | +4.0% |
| Operating profit (loss) | 9901 | €37,734 | €38,031 | +€297 | +0.8% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €35,143 | €30,360 | -€4,782 | -13.6% |
| Recurring financial charges | 65 | €35,143 | €30,360 | -€4,782 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €2,591 | €7,696 | +€5,105 | +197.0% |
| Income taxes | 67/77 | €3,166 | €4,921 | +€1,755 | +55.4% |
| Profit (loss) for the period | 9904 | -€575 | €2,775 | +€3,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€575 | €2,775 | +€3,350 |
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 2 October 2026 via checked.be.