STICHTING MIER: 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.
STICHTING MIER
Largest movements
- Cash +€118,630
up €118,630 (+572%), from €20,736 to €139,366
mainly Receivables within one year (+€76,305) and Net result for the year (+€44,075)
- Receivables within one year -€76,305
down €76,305 (-73.0%), from €104,593 to €28,288
of which Other amounts receivable: -€75,118
- Tangible fixed assets -€6,156
down €6,156 (-18.8%), from €32,700 to €26,544
- Other debts +€28,534
up €28,534 (+168%), from €16,970 to €45,504
- Reserves +€12,461
up €12,461 (+9.2%), from €135,902 to €148,363
- Tax, wage and social debts -€3,938
down €3,938 (-80.8%), from €4,873 to €935
- Gross operating margin +€47,759
up €47,759 (+233%), from €20,464 to €68,223
- Taxes +€12,955
up €12,955 (+328%), from €3,945 to €16,901
- Depreciation +€779
up €779 (+9.4%), from €8,288 to €9,067
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.
Derived cash bridge
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 | €160,547 | €197,578 | +€37,031 | +23.1% |
| Fixed assets | 21/28 | €32,700 | €26,544 | -€6,156 | -18.8% |
| Tangible fixed assets | 22/27 | €32,700 | €26,544 | -€6,156 | -18.8% |
| Furniture and vehicles | 24 | €32,700 | €26,544 | -€6,156 | -18.8% |
| Current assets | 29/58 | €127,847 | €171,035 | +€43,187 | +33.8% |
| Amounts receivable within one year | 40/41 | €104,593 | €28,288 | -€76,305 | -73.0% |
| Trade receivables | 40 | €21,799 | €20,611 | -€1,188 | -5.4% |
| Other amounts receivable | 41 | €82,794 | €7,677 | -€75,118 | -90.7% |
| Cash at bank and in hand | 54/58 | €20,736 | €139,366 | +€118,630 | +572% |
| Deferred charges and accrued income | 490/1 | €2,518 | €3,381 | +€863 | +34.3% |
| Total equity and liabilities | 10/49 | €160,547 | €197,578 | +€37,031 | +23.1% |
| Equity | 10/15 | €136,902 | €149,363 | +€12,461 | +9.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €135,902 | €148,363 | +€12,461 | +9.2% |
| Distributable reserves | 133 | €135,902 | €148,363 | +€12,461 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,645 | €48,216 | +€24,570 | +104% |
| Amounts payable within one year | 42/48 | €23,599 | €48,154 | +€24,555 | +104% |
| Trade debts | 44 | €1,756 | €1,715 | -€41 | -2.3% |
| Suppliers | 440/4 | €1,756 | €1,715 | -€41 | -2.3% |
| Taxes, remuneration and social security | 45 | €4,873 | €935 | -€3,938 | -80.8% |
| Taxes | 450/3 | €4,873 | €935 | -€3,938 | -80.8% |
| Other amounts payable | 47/48 | €16,970 | €45,504 | +€28,534 | +168% |
| Accrued charges and deferred income | 492/3 | €47 | €62 | +€15 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,288 | €9,067 | +€779 | +9.4% |
| Other operating charges | 640/8 | €1,014 | €946 | -€68 | -6.7% |
| Gross operating margin | 9900 | €20,464 | €68,223 | +€47,759 | +233% |
| Operating profit (loss) | 9901 | €11,162 | €58,210 | +€47,048 | +422% |
| Financial income | 75/76B | €2,637 | €2,823 | +€186 | +7.0% |
| Recurring financial income | 75 | €2,637 | €2,823 | +€186 | +7.0% |
| Financial charges | 65/66B | €43 | €57 | +€14 | +31.2% |
| Recurring financial charges | 65 | €43 | €57 | +€14 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €13,756 | €60,976 | +€47,220 | +343% |
| Income taxes | 67/77 | €3,945 | €16,901 | +€12,955 | +328% |
| Profit (loss) for the period | 9904 | €9,810 | €44,075 | +€34,265 | +349% |
| Profit (loss) for the period to be appropriated | 9905 | €9,810 | €44,075 | +€34,265 | +349% |
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 19 October 2026 via checked.be.