NEW MIDO: 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.
NEW MIDO
Largest movements
- Tangible fixed assets +€328,609
up €328,609 (+29.3%), from €1.1m to €1.5m
of which Land and buildings: +€283,180
- Cash +€31,442
up €31,442 (+27.9%), from €112,627 to €144,069
mainly Debts after one year (+€350,033) and Depreciation (+€56,846)
- Receivables within one year +€26,077
up €26,077 (+130.2%), from €20,024 to €46,100
of which Other amounts receivable: +€24,012
- Debts after one year +€350,033
up €350,033 (+33.8%), from €1.0m to €1.4m
- Gross operating margin +€44,359
up €44,359 (+22.2%), from €199,753 to €244,112
- Financial charges +€40,002
up €40,002 (+50.0%), from €80,037 to €120,039
- Depreciation +€2,954
up €2,954 (+5.5%), from €53,892 to €56,846
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 | €1,277,281 | €1,661,977 | +€384,696 | +30.1% |
| Fixed assets | 21/28 | €1,143,648 | €1,469,972 | +€326,324 | +28.5% |
| Intangible fixed assets | 21 | €21,526 | €17,216 | -€4,310 | -20.0% |
| Tangible fixed assets | 22/27 | €1,122,122 | €1,450,731 | +€328,609 | +29.3% |
| Land and buildings | 22 | €1,096,748 | €1,379,928 | +€283,180 | +25.8% |
| Plant, machinery and equipment | 23 | €25,374 | €24,001 | -€1,373 | -5.4% |
| Furniture and vehicles | 24 | - | €46,802 | +€46,802 | |
| Financial fixed assets | 28 | - | €2,025 | +€2,025 | |
| Current assets | 29/58 | €133,633 | €192,005 | +€58,372 | +43.7% |
| Amounts receivable within one year | 40/41 | €20,024 | €46,100 | +€26,077 | +130.2% |
| Trade receivables | 40 | - | €2,064 | +€2,064 | |
| Other amounts receivable | 41 | €20,024 | €44,036 | +€24,012 | +119.9% |
| Cash at bank and in hand | 54/58 | €112,627 | €144,069 | +€31,442 | +27.9% |
| Deferred charges and accrued income | 490/1 | €982 | €1,836 | +€854 | +87.0% |
| Total equity and liabilities | 10/49 | €1,277,281 | €1,661,977 | +€384,696 | +30.1% |
| Equity | 10/15 | €76,978 | €87,582 | +€10,604 | +13.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €58,428 | €69,032 | +€10,604 | +18.1% |
| Distributable reserves | 133 | €58,428 | €69,032 | +€10,604 | +18.1% |
| Amounts payable | 17/49 | €1,200,303 | €1,574,395 | +€374,093 | +31.2% |
| Amounts payable after more than one year | 17 | €1,035,687 | €1,385,720 | +€350,033 | +33.8% |
| Financial debts | 170/4 | €1,035,687 | €1,385,720 | +€350,033 | +33.8% |
| Amounts payable within one year | 42/48 | €164,616 | €188,676 | +€24,059 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €35,864 | €47,588 | +€11,725 | +32.7% |
| Financial debts | 43 | €18,000 | €18,000 | = | 0.0% |
| Other loans | 439 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €33,893 | €39,077 | +€5,185 | +15.3% |
| Suppliers | 440/4 | €33,893 | €39,077 | +€5,185 | +15.3% |
| Taxes, remuneration and social security | 45 | €5,560 | €4,735 | -€825 | -14.8% |
| Taxes | 450/3 | €3,284 | €2,375 | -€909 | -27.7% |
| Remuneration and social security | 454/9 | €2,276 | €2,361 | +€84 | +3.7% |
| Other amounts payable | 47/48 | €71,300 | €79,275 | +€7,975 | +11.2% |
| Remuneration, social security and pensions | 62 | €15,955 | €15,453 | -€502 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,892 | €56,846 | +€2,954 | +5.5% |
| Other operating charges | 640/8 | €36,766 | €38,224 | +€1,458 | +4.0% |
| Gross operating margin | 9900 | €199,753 | €244,112 | +€44,359 | +22.2% |
| Operating profit (loss) | 9901 | €93,140 | €133,589 | +€40,449 | +43.4% |
| Financial income | 75/76B | €31 | €0 | -€31 | -99.8% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -99.8% |
| Financial charges | 65/66B | €80,037 | €120,039 | +€40,002 | +50.0% |
| Recurring financial charges | 65 | €80,037 | €120,039 | +€40,002 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €13,134 | €13,550 | +€415 | +3.2% |
| Income taxes | 67/77 | €3,066 | €2,946 | -€120 | -3.9% |
| Profit (loss) for the period | 9904 | €10,068 | €10,604 | +€535 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,068 | €10,604 | +€535 | +5.3% |
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 7 October 2026 via checked.be.