NBV MiMa: 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.
NBV MiMa
Largest movements
- Cash -€97,866
down €97,866 (-37.0%), from €264,580 to €166,714
mainly Contributions, distributions and other (-€400,000) and Investment in fixed assets (net) (-€93,181)
- Tangible fixed assets +€80,151
up €80,151 (+6697.8%), from €1,197 to €81,347
of which Furniture and vehicles: +€51,330
- Receivables within one year -€38,135
down €38,135 (-79.2%), from €48,135 to €10,000
- Other debts +€215,634
up €215,634, from €0 to €215,634
- Profit (loss) carried forward -€202,857
down €202,857 (-100.0%), from €202,857 to €0
- Tax, wage and social debts -€56,685
down €56,685 (-61.2%), from €92,580 to €35,895
of which Taxes: -€54,210
- Reserves -€14,648
down €14,648 (-99.3%), from €14,747 to €99
- Depreciation +€12,674
up €12,674 (+3566.4%), from €355 to €13,030
- Gross operating margin -€6,075
down €6,075 (-2.3%), from €269,114 to €263,039
- Other operating charges +€3,699
up €3,699 (+429.1%), from €862 to €4,561
- Taxes -€2,716
down €2,716 (-4.2%), from €64,000 to €61,284
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 | €313,912 | €258,061 | -€55,851 | -17.8% |
| Fixed assets | 21/28 | €1,197 | €81,347 | +€80,151 | +6697.8% |
| Tangible fixed assets | 22/27 | €1,197 | €81,347 | +€80,151 | +6697.8% |
| Furniture and vehicles | 24 | €1,197 | €52,527 | +€51,330 | +4289.4% |
| Other tangible fixed assets | 26 | - | €28,821 | +€28,821 | |
| Current assets | 29/58 | €312,715 | €176,714 | -€136,002 | -43.5% |
| Amounts receivable within one year | 40/41 | €48,135 | €10,000 | -€38,135 | -79.2% |
| Other amounts receivable | 41 | €48,135 | €10,000 | -€38,135 | -79.2% |
| Cash at bank and in hand | 54/58 | €264,580 | €166,714 | -€97,866 | -37.0% |
| Total equity and liabilities | 10/49 | €313,912 | €258,061 | -€55,851 | -17.8% |
| Equity | 10/15 | €220,604 | €3,099 | -€217,505 | -98.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,747 | €99 | -€14,648 | -99.3% |
| Distributable reserves | 133 | €14,747 | €99 | -€14,648 | -99.3% |
| Profit (loss) carried forward | 14 | €202,857 | €0 | -€202,857 | -100.0% |
| Amounts payable | 17/49 | €93,309 | €254,963 | +€161,654 | +173.2% |
| Amounts payable within one year | 42/48 | €93,084 | €251,691 | +€158,608 | +170.4% |
| Trade debts | 44 | €504 | €162 | -€342 | -67.8% |
| Suppliers | 440/4 | €504 | €162 | -€342 | -67.8% |
| Taxes, remuneration and social security | 45 | €92,580 | €35,895 | -€56,685 | -61.2% |
| Taxes | 450/3 | €90,105 | €35,895 | -€54,210 | -60.2% |
| Remuneration and social security | 454/9 | €2,475 | €0 | -€2,475 | -100.0% |
| Other amounts payable | 47/48 | €0 | €215,634 | +€215,634 | |
| Accrued charges and deferred income | 492/3 | €225 | €3,272 | +€3,047 | +1354.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €13,030 | +€12,674 | +3566.4% |
| Other operating charges | 640/8 | €862 | €4,561 | +€3,699 | +429.1% |
| Gross operating margin | 9900 | €269,114 | €263,039 | -€6,075 | -2.3% |
| Operating profit (loss) | 9901 | €267,896 | €245,448 | -€22,448 | -8.4% |
| Financial income | 75/76B | €120 | €800 | +€680 | +568.0% |
| Recurring financial income | 75 | €120 | €800 | +€680 | +568.0% |
| Financial charges | 65/66B | €1,159 | €2,469 | +€1,310 | +113.0% |
| Recurring financial charges | 65 | €1,159 | €2,469 | +€1,310 | +113.0% |
| Profit (loss) for the period before taxes | 9903 | €266,857 | €243,779 | -€23,078 | -8.6% |
| Income taxes | 67/77 | €64,000 | €61,284 | -€2,716 | -4.2% |
| Profit (loss) for the period | 9904 | €202,857 | €182,495 | -€20,362 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €202,857 | €182,495 | -€20,362 | -10.0% |
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 5 October 2026 via checked.be.