MIKIMO: what changed
MIKIMO
Largest movements
- Tangible fixed assets -€47,109
down €47,109 (-4.5%), from €1.0m to €997,247
- Cash -€15,349
down €15,349 (-11.0%), from €139,767 to €124,417
mainly Debts after one year (-€55,743) and Other debts (-€42,742)
- Receivables within one year -€12,382
down €12,382 (-97.8%), from €12,659 to €277
of which Other amounts receivable: -€9,689
- Debts after one year -€55,743
down €55,743 (-10.4%), from €538,342 to €482,598
- Other debts -€42,742
down €42,742 (-99.5%), from €42,951 to €209
- Reserves +€18,938
up €18,938 (+9.8%), from €192,541 to €211,479
of which Distributable reserves: +€17,924
- Depreciation -€20,720
down €20,720 (-22.8%), from €90,924 to €70,204
- Gross operating margin +€18,361
up €18,361 (+17.0%), from €107,997 to €126,358
- Taxes +€8,827
new in 2025: €8,827
- Financial charges +€5,333
up €5,333 (+31.9%), from €16,711 to €22,044
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,196,782 | €1,121,941 | -€74,841 | -6.3% |
| Fixed assets | 21/28 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Tangible fixed assets | 22/27 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Land and buildings | 22 | €1,044,356 | €997,247 | -€47,109 | -4.5% |
| Current assets | 29/58 | €152,426 | €124,694 | -€27,731 | -18.2% |
| Amounts receivable within one year | 40/41 | €12,659 | €277 | -€12,382 | -97.8% |
| Trade receivables | 40 | €2,693 | - | -€2,693 | |
| Other amounts receivable | 41 | €9,966 | €277 | -€9,689 | -97.2% |
| Cash at bank and in hand | 54/58 | €139,767 | €124,417 | -€15,349 | -11.0% |
| Total equity and liabilities | 10/49 | €1,196,782 | €1,121,941 | -€74,841 | -6.3% |
| Equity | 10/15 | €553,048 | €571,479 | +€18,432 | +3.3% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Capital | 10 | €360,000 | €360,000 | = | 0.0% |
| Issued capital | 100 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €192,541 | €211,479 | +€18,938 | +9.8% |
| Non-distributable reserves | 130/1 | €19,841 | €20,855 | +€1,014 | +5.1% |
| Legal reserve | 130 | €19,841 | €20,855 | +€1,014 | +5.1% |
| Distributable reserves | 133 | €172,700 | €190,625 | +€17,924 | +10.4% |
| Profit (loss) carried forward | 14 | €506 | - | -€506 | |
| Amounts payable | 17/49 | €643,735 | €550,462 | -€93,272 | -14.5% |
| Amounts payable after more than one year | 17 | €538,342 | €482,598 | -€55,743 | -10.4% |
| Financial debts | 170/4 | €538,342 | €482,598 | -€55,743 | -10.4% |
| Amounts payable within one year | 42/48 | €105,393 | €58,079 | -€47,315 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €53,649 | €55,743 | +€2,094 | +3.9% |
| Trade debts | 44 | €4,324 | €0 | -€4,324 | -100.0% |
| Suppliers | 440/4 | €4,324 | €0 | -€4,324 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,469 | €2,126 | -€2,343 | -52.4% |
| Taxes | 450/3 | €4,469 | €2,126 | -€2,343 | -52.4% |
| Other amounts payable | 47/48 | €42,951 | €209 | -€42,742 | -99.5% |
| Accrued charges and deferred income | 492/3 | - | €9,785 | +€9,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,924 | €70,204 | -€20,720 | -22.8% |
| Other operating charges | 640/8 | €7,620 | €8,354 | +€734 | +9.6% |
| Gross operating margin | 9900 | €107,997 | €126,358 | +€18,361 | +17.0% |
| Operating profit (loss) | 9901 | €9,452 | €47,800 | +€38,348 | +406% |
| Financial income | 75/76B | €815 | €1,503 | +€688 | +84.5% |
| Recurring financial income | 75 | €815 | €1,503 | +€688 | +84.5% |
| Financial charges | 65/66B | €16,711 | €22,044 | +€5,333 | +31.9% |
| Recurring financial charges | 65 | €16,711 | €22,044 | +€5,333 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,444 | €27,258 | +€33,702 | |
| Income taxes | 67/77 | - | €8,827 | +€8,827 | |
| Profit (loss) for the period | 9904 | -€6,444 | €18,432 | +€24,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,444 | €18,432 | +€24,876 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.