MIZKETA: 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.
MIZKETA
Largest movements
- Receivables within one year +€29,246
up €29,246 (+78.7%), from €37,145 to €66,391
of which Trade receivables: +€20,843
- Current investments +€25,000
up €25,000 (+42.4%), from €58,916 to €83,916
- Cash -€18,479
down €18,479 (-13.1%), from €141,121 to €122,641
mainly Receivables within one year (-€29,246) and Current investments (-€25,000)
- Tax, wage and social debts +€16,460
up €16,460 (+113%), from €14,508 to €30,968
of which Remuneration and social security: +€17,475
- Other debts +€13,328
up €13,328 (+16.7%), from €79,981 to €93,309
- Trade debts +€3,939
up €3,939 (+144%), from €2,738 to €6,677
- Staff costs +€28,815
up €28,815 (+463%), from €6,220 to €35,035
- Taxes -€7,643
down €7,643 (-58.7%), from €13,029 to €5,386
- Depreciation -€967
down €967 (-28.2%), from €3,436 to €2,468
- Other operating charges +€953
up €953 (+67.0%), from €1,421 to €2,374
- Financial charges -€562
down €562 (-88.4%), from €636 to €74
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,380 | €287,828 | +€31,447 | +12.3% |
| Fixed assets | 21/28 | €9,290 | €6,822 | -€2,468 | -26.6% |
| Tangible fixed assets | 22/27 | €7,565 | €5,097 | -€2,468 | -32.6% |
| Furniture and vehicles | 24 | €3,602 | €1,178 | -€2,423 | -67.3% |
| Other tangible fixed assets | 26 | €3,963 | €3,918 | -€45 | -1.1% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €247,090 | €281,006 | +€33,916 | +13.7% |
| Stocks and contracts in progress | 3 | €7,138 | €6,011 | -€1,127 | -15.8% |
| Stocks | 30/36 | €7,138 | €6,011 | -€1,127 | -15.8% |
| Amounts receivable within one year | 40/41 | €37,145 | €66,391 | +€29,246 | +78.7% |
| Trade receivables | 40 | €29,735 | €50,578 | +€20,843 | +70.1% |
| Other amounts receivable | 41 | €7,410 | €15,813 | +€8,403 | +113% |
| Current investments | 50/53 | €58,916 | €83,916 | +€25,000 | +42.4% |
| Cash at bank and in hand | 54/58 | €141,121 | €122,641 | -€18,479 | -13.1% |
| Deferred charges and accrued income | 490/1 | €2,771 | €2,046 | -€725 | -26.2% |
| Total equity and liabilities | 10/49 | €256,380 | €287,828 | +€31,447 | +12.3% |
| Equity | 10/15 | €157,524 | €154,682 | -€2,842 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,215 | €111,373 | -€2,842 | -2.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,355 | €109,513 | -€2,842 | -2.5% |
| Profit (loss) carried forward | 14 | €37,109 | €37,109 | = | 0.0% |
| Amounts payable | 17/49 | €98,857 | €133,146 | +€34,289 | +34.7% |
| Amounts payable within one year | 42/48 | €97,857 | €132,700 | +€34,843 | +35.6% |
| Financial debts | 43 | €630 | €1,746 | +€1,116 | +177% |
| Credit institutions | 430/8 | €630 | €1,746 | +€1,116 | +177% |
| Trade debts | 44 | €2,738 | €6,677 | +€3,939 | +144% |
| Suppliers | 440/4 | €2,738 | €6,677 | +€3,939 | +144% |
| Taxes, remuneration and social security | 45 | €14,508 | €30,968 | +€16,460 | +113% |
| Taxes | 450/3 | €6,360 | €5,345 | -€1,015 | -16.0% |
| Remuneration and social security | 454/9 | €8,148 | €25,623 | +€17,475 | +214% |
| Other amounts payable | 47/48 | €79,981 | €93,309 | +€13,328 | +16.7% |
| Accrued charges and deferred income | 492/3 | €1,000 | €446 | -€554 | -55.4% |
| Remuneration, social security and pensions | 62 | €6,220 | €35,035 | +€28,815 | +463% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €2,468 | -€967 | -28.2% |
| Other operating charges | 640/8 | €1,421 | €2,374 | +€953 | +67.0% |
| Gross operating margin | 9900 | €54,541 | €55,001 | +€461 | +0.8% |
| Operating profit (loss) | 9901 | €43,464 | €15,124 | -€28,339 | -65.2% |
| Financial income | 75/76B | €804 | €719 | -€85 | -10.6% |
| Recurring financial income | 75 | €804 | €719 | -€85 | -10.6% |
| Financial charges | 65/66B | €636 | €74 | -€562 | -88.4% |
| Recurring financial charges | 65 | €636 | €74 | -€562 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | €43,632 | €15,769 | -€27,863 | -63.9% |
| Income taxes | 67/77 | €13,029 | €5,386 | -€7,643 | -58.7% |
| Profit (loss) for the period | 9904 | €30,603 | €10,383 | -€20,220 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,603 | €10,383 | -€20,220 | -66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.