MIXO: 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.
MIXO
Largest movements
- Receivables within one year +€273,901
up €273,901 (+49.3%), from €555,472 to €829,373
of which Other amounts receivable: +€148,124
- Cash -€64,091
down €64,091 (-42.4%), from €151,120 to €87,029
mainly Receivables within one year (-€273,901) and Contributions, distributions and other (-€130,588)
- Tangible fixed assets -€61,080
down €61,080 (-31.3%), from €195,246 to €134,166
of which Other tangible fixed assets: -€53,758
- Tax, wage and social debts +€66,610
up €66,610 (+124.4%), from €53,528 to €120,138
of which Taxes: +€50,463
- Profit (loss) carried forward +€31,547
up €31,547 (+4.2%), from €751,889 to €783,436
- Trade debts +€25,257
up €25,257 (+5.7%), from €442,529 to €467,786
- Gross operating margin +€70,268
up €70,268 (+11.7%), from €601,553 to €671,821
- Staff costs -€50,955
down €50,955 (-15.1%), from €338,271 to €287,316
- Write-downs +€46,224
new in 2025: €46,224
- Taxes -€11,688
down €11,688 (-15.1%), from €77,184 to €65,496
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 | €1,290,037 | €1,425,827 | +€135,790 | +10.5% |
| Fixed assets | 21/28 | €195,246 | €134,166 | -€61,080 | -31.3% |
| Tangible fixed assets | 22/27 | €195,246 | €134,166 | -€61,080 | -31.3% |
| Plant, machinery and equipment | 23 | €19,519 | €10,728 | -€8,791 | -45.0% |
| Furniture and vehicles | 24 | €27,951 | €29,420 | +€1,469 | +5.3% |
| Other tangible fixed assets | 26 | €147,776 | €94,018 | -€53,758 | -36.4% |
| Current assets | 29/58 | €1,094,791 | €1,291,661 | +€196,870 | +18.0% |
| Stocks and contracts in progress | 3 | €382,618 | €371,906 | -€10,712 | -2.8% |
| Stocks | 30/36 | €382,618 | €371,906 | -€10,712 | -2.8% |
| Amounts receivable within one year | 40/41 | €555,472 | €829,373 | +€273,901 | +49.3% |
| Trade receivables | 40 | €549,830 | €675,607 | +€125,777 | +22.9% |
| Other amounts receivable | 41 | €5,642 | €153,766 | +€148,124 | +2625.4% |
| Cash at bank and in hand | 54/58 | €151,120 | €87,029 | -€64,091 | -42.4% |
| Deferred charges and accrued income | 490/1 | €5,581 | €3,353 | -€2,228 | -39.9% |
| Total equity and liabilities | 10/49 | €1,290,037 | €1,425,827 | +€135,790 | +10.5% |
| Equity | 10/15 | €772,349 | €803,896 | +€31,547 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €751,889 | €783,436 | +€31,547 | +4.2% |
| Amounts payable | 17/49 | €517,688 | €621,931 | +€104,243 | +20.1% |
| Amounts payable within one year | 42/48 | €517,688 | €621,931 | +€104,243 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €21,592 | €23,980 | +€2,388 | +11.1% |
| Trade debts | 44 | €442,529 | €467,786 | +€25,257 | +5.7% |
| Suppliers | 440/4 | €442,529 | €467,786 | +€25,257 | +5.7% |
| Taxes, remuneration and social security | 45 | €53,528 | €120,138 | +€66,610 | +124.4% |
| Taxes | 450/3 | €16,644 | €67,107 | +€50,463 | +303.2% |
| Remuneration and social security | 454/9 | €36,884 | €53,031 | +€16,147 | +43.8% |
| Other amounts payable | 47/48 | €39 | €10,027 | +€9,988 | +25610.3% |
| Remuneration, social security and pensions | 62 | €338,271 | €287,316 | -€50,955 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,704 | €41,687 | -€4,017 | -8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €46,224 | +€46,224 | |
| Other operating charges | 640/8 | €3,406 | - | -€3,406 | |
| Non-recurring operating charges | 66A | - | €38,965 | +€38,965 | |
| Gross operating margin | 9900 | €601,553 | €671,821 | +€70,268 | +11.7% |
| Operating profit (loss) | 9901 | €214,172 | €257,629 | +€43,457 | +20.3% |
| Financial income | 75/76B | €123 | €14 | -€109 | -88.6% |
| Recurring financial income | 75 | €123 | €14 | -€109 | -88.6% |
| Financial charges | 65/66B | €30,128 | €30,012 | -€116 | -0.4% |
| Recurring financial charges | 65 | €30,128 | €30,012 | -€116 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €184,167 | €227,631 | +€43,464 | +23.6% |
| Income taxes | 67/77 | €77,184 | €65,496 | -€11,688 | -15.1% |
| Profit (loss) for the period | 9904 | €106,983 | €162,135 | +€55,152 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €106,983 | €162,135 | +€55,152 | +51.6% |
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 3 October 2026 via checked.be.