T. MIPS: 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.
T. MIPS
Largest movements
- Cash +€14,450
up €14,450 (+8.2%), from €175,494 to €189,945
mainly Net result for the year (+€10,335) and Depreciation (+€5,996)
- Tangible fixed assets -€8,924
down €8,924 (-56.6%), from €15,765 to €6,841
- Reserves +€10,000
up €10,000 (+72.1%), from €13,865 to €23,865
of which Distributable reserves: +€10,000
- Purchases and services -€29,594
down €29,594 (-44.0%), from €67,217 to €37,623
- Turnover -€19,131
down €19,131 (-24.9%), from €76,747 to €57,616
- Gross operating margin +€10,463
up €10,463 (+109.8%), from €9,530 to €19,993
- Taxes +€2,656
up €2,656 (+212.9%), from €1,247 to €3,904
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 | €204,264 | €212,765 | +€8,501 | +4.2% |
| Fixed assets | 21/28 | €15,765 | €6,841 | -€8,924 | -56.6% |
| Tangible fixed assets | 22/27 | €15,765 | €6,841 | -€8,924 | -56.6% |
| Furniture and vehicles | 24 | €15,765 | €6,841 | -€8,924 | -56.6% |
| Current assets | 29/58 | €188,499 | €205,924 | +€17,425 | +9.2% |
| Stocks and contracts in progress | 3 | €197 | €1,173 | +€976 | +494.6% |
| Stocks | 30/36 | €197 | €1,173 | +€976 | +494.6% |
| Amounts receivable within one year | 40/41 | €12,557 | €14,556 | +€1,999 | +15.9% |
| Trade receivables | 40 | €8,873 | €7,460 | -€1,413 | -15.9% |
| Other amounts receivable | 41 | €3,684 | €7,096 | +€3,412 | +92.6% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €175,494 | €189,945 | +€14,450 | +8.2% |
| Total equity and liabilities | 10/49 | €204,264 | €212,765 | +€8,501 | +4.2% |
| Equity | 10/15 | €198,716 | €206,651 | +€7,935 | +4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,865 | €23,865 | +€10,000 | +72.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,006 | €3,006 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €19,000 | +€10,000 | +111.1% |
| Profit (loss) carried forward | 14 | €166,259 | €164,194 | -€2,065 | -1.2% |
| Amounts payable | 17/49 | €5,547 | €6,114 | +€566 | +10.2% |
| Amounts payable within one year | 42/48 | €5,547 | €6,114 | +€566 | +10.2% |
| Trade debts | 44 | €522 | €567 | +€45 | +8.6% |
| Suppliers | 440/4 | €522 | €567 | +€45 | +8.6% |
| Taxes, remuneration and social security | 45 | €3,845 | €4,798 | +€953 | +24.8% |
| Taxes | 450/3 | €3,845 | €4,798 | +€953 | +24.8% |
| Other amounts payable | 47/48 | €1,180 | €749 | -€432 | -36.6% |
| Turnover | 70 | €76,747 | €57,616 | -€19,131 | -24.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,217 | €37,623 | -€29,594 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,996 | €5,996 | = | 0.0% |
| Other operating charges | 640/8 | €650 | €299 | -€350 | -53.9% |
| Gross operating margin | 9900 | €9,530 | €19,993 | +€10,463 | +109.8% |
| Operating profit (loss) | 9901 | €2,884 | €13,698 | +€10,813 | +374.9% |
| Financial income | 75/76B | €609 | €691 | +€82 | +13.5% |
| Recurring financial income | 75 | €609 | €691 | +€82 | +13.5% |
| Financial charges | 65/66B | €150 | €150 | = | 0.0% |
| Recurring financial charges | 65 | €150 | €150 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,343 | €14,239 | +€10,896 | +326.0% |
| Income taxes | 67/77 | €1,247 | €3,904 | +€2,656 | +212.9% |
| Profit (loss) for the period | 9904 | €2,095 | €10,335 | +€8,239 | +393.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,095 | €10,335 | +€8,239 | +393.2% |
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.