MIXAM: 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.
MIXAM
Largest movements
- Cash +€62,189
up €62,189 (+39.1%), from €158,935 to €221,125
mainly Other debts (+€192,072) and Net result for the year (+€86,314)
- Receivables within one year -€10,583
down €10,583 (-36.8%), from €28,760 to €18,177
of which Trade receivables: -€11,404
- Tangible fixed assets +€5,818
up €5,818 (+13.1%), from €44,330 to €50,148
of which Furniture and vehicles: +€7,726
- Other debts +€192,072
up €192,072 (+1281.5%), from €14,988 to €207,059
- Reserves -€113,686
down €113,686 (-64.2%), from €177,091 to €63,404
- Tax, wage and social debts -€19,923
down €19,923 (-49.1%), from €40,615 to €20,691
of which Taxes: -€19,923
- Gross operating margin +€52,376
up €52,376 (+85.8%), from €61,029 to €113,405
- Taxes +€11,221
up €11,221 (+93.8%), from €11,958 to €23,179
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 | €236,100 | €294,852 | +€58,752 | +24.9% |
| Fixed assets | 21/28 | €44,330 | €50,148 | +€5,818 | +13.1% |
| Tangible fixed assets | 22/27 | €44,330 | €50,148 | +€5,818 | +13.1% |
| Land and buildings | 22 | €42,885 | €41,763 | -€1,122 | -2.6% |
| Plant, machinery and equipment | 23 | €1,445 | €660 | -€785 | -54.3% |
| Furniture and vehicles | 24 | - | €7,726 | +€7,726 | |
| Current assets | 29/58 | €191,770 | €244,703 | +€52,933 | +27.6% |
| Amounts receivable within one year | 40/41 | €28,760 | €18,177 | -€10,583 | -36.8% |
| Trade receivables | 40 | €28,760 | €17,356 | -€11,404 | -39.7% |
| Other amounts receivable | 41 | - | €821 | +€821 | |
| Cash at bank and in hand | 54/58 | €158,935 | €221,125 | +€62,189 | +39.1% |
| Deferred charges and accrued income | 490/1 | €4,074 | €5,402 | +€1,327 | +32.6% |
| Total equity and liabilities | 10/49 | €236,100 | €294,852 | +€58,752 | +24.9% |
| Equity | 10/15 | €179,591 | €65,904 | -€113,686 | -63.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €177,091 | €63,404 | -€113,686 | -64.2% |
| Distributable reserves | 133 | €177,091 | €63,404 | -€113,686 | -64.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €56,509 | €228,947 | +€172,438 | +305.2% |
| Amounts payable within one year | 42/48 | €56,509 | €228,947 | +€172,438 | +305.2% |
| Trade debts | 44 | €907 | €1,197 | +€290 | +32.0% |
| Suppliers | 440/4 | €907 | €1,197 | +€290 | +32.0% |
| Taxes, remuneration and social security | 45 | €40,615 | €20,691 | -€19,923 | -49.1% |
| Taxes | 450/3 | €40,615 | €20,691 | -€19,923 | -49.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,988 | €207,059 | +€192,072 | +1281.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €2,291 | +€454 | +24.7% |
| Other operating charges | 640/8 | €923 | €1,374 | +€451 | +48.9% |
| Gross operating margin | 9900 | €61,029 | €113,405 | +€52,376 | +85.8% |
| Operating profit (loss) | 9901 | €58,269 | €109,740 | +€51,470 | +88.3% |
| Financial income | 75/76B | €756 | €0 | -€756 | -100.0% |
| Recurring financial income | 75 | €756 | €0 | -€756 | -100.0% |
| Financial charges | 65/66B | €411 | €247 | -€164 | -39.8% |
| Recurring financial charges | 65 | €411 | €247 | -€164 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €58,614 | €109,493 | +€50,878 | +86.8% |
| Income taxes | 67/77 | €11,958 | €23,179 | +€11,221 | +93.8% |
| Profit (loss) for the period | 9904 | €46,656 | €86,314 | +€39,657 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,656 | €86,314 | +€39,657 | +85.0% |
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 9 October 2026 via checked.be.