FRERES MIRANDA: what changed
FRERES MIRANDA
Largest movements
- Receivables within one year +€9,929
up €9,929 (+977%), from €1,016 to €10,945
of which Trade receivables: +€9,883
- Tangible fixed assets -€6,248
down €6,248 (-43.1%), from €14,481 to €8,233
- Deferred charges and accrued income +€5,825
up €5,825 (+29.5%), from €19,723 to €25,548
- Trade debts +€15,807
up €15,807 (+4,245%), from €372 to €16,179
- Profit (loss) carried forward -€7,090
down €7,090, from €5,169 to -€1,921
- Debts after one year -€6,474
down €6,474 (-74.1%), from €8,731 to €2,257
- Short-term financial debts +€5,921
up €5,921 (+93.2%), from €6,351 to €12,272
- Tax, wage and social debts +€2,704
up €2,704 (+56.2%), from €4,811 to €7,514
- Gross operating margin -€10,681
down €10,681 (-76.7%), from €13,928 to €3,247
- Taxes -€2,357
down €2,357 (-75.5%), from €3,119 to €763
- Other operating charges -€766
down €766 (-35.0%), from €2,190 to €1,423
- Financial charges +€230
up €230 (+13.5%), from €1,702 to €1,932
- Depreciation -€171
down €171 (-2.7%), from €6,418 to €6,248
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,269 | €44,776 | +€9,507 | +27.0% |
| Fixed assets | 21/28 | €14,531 | €8,283 | -€6,248 | -43.0% |
| Tangible fixed assets | 22/27 | €14,481 | €8,233 | -€6,248 | -43.1% |
| Furniture and vehicles | 24 | €14,481 | €8,233 | -€6,248 | -43.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €20,739 | €36,493 | +€15,755 | +76.0% |
| Amounts receivable within one year | 40/41 | €1,016 | €10,945 | +€9,929 | +977% |
| Trade receivables | 40 | - | €9,883 | +€9,883 | |
| Other amounts receivable | 41 | €1,016 | €1,063 | +€47 | +4.6% |
| Deferred charges and accrued income | 490/1 | €19,723 | €25,548 | +€5,825 | +29.5% |
| Total equity and liabilities | 10/49 | €35,269 | €44,776 | +€9,507 | +27.0% |
| Equity | 10/15 | €7,169 | €79 | -€7,090 | -98.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,169 | -€1,921 | -€7,090 | |
| Amounts payable | 17/49 | €28,100 | €44,697 | +€16,597 | +59.1% |
| Amounts payable after more than one year | 17 | €8,731 | €2,257 | -€6,474 | -74.1% |
| Financial debts | 170/4 | €8,731 | €2,257 | -€6,474 | -74.1% |
| Amounts payable within one year | 42/48 | €19,369 | €42,440 | +€23,071 | +119% |
| Current portion of amounts payable after more than one year | 42 | €6,051 | €6,474 | +€423 | +7.0% |
| Financial debts | 43 | €6,351 | €12,272 | +€5,921 | +93.2% |
| Credit institutions | 430/8 | €6,351 | €12,272 | +€5,921 | +93.2% |
| Trade debts | 44 | €372 | €16,179 | +€15,807 | +4,245% |
| Suppliers | 440/4 | €372 | €16,179 | +€15,807 | +4,245% |
| Taxes, remuneration and social security | 45 | €4,811 | €7,514 | +€2,704 | +56.2% |
| Taxes | 450/3 | €4,811 | €7,514 | +€2,704 | +56.2% |
| Other amounts payable | 47/48 | €1,784 | - | -€1,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,418 | €6,248 | -€171 | -2.7% |
| Other operating charges | 640/8 | €2,190 | €1,423 | -€766 | -35.0% |
| Gross operating margin | 9900 | €13,928 | €3,247 | -€10,681 | -76.7% |
| Operating profit (loss) | 9901 | €5,321 | -€4,423 | -€9,744 | |
| Financial income | 75/76B | €0 | €29 | +€28 | +6,159% |
| Recurring financial income | 75 | €0 | €29 | +€28 | +6,159% |
| Financial charges | 65/66B | €1,702 | €1,932 | +€230 | +13.5% |
| Recurring financial charges | 65 | €1,702 | €1,932 | +€230 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €3,619 | -€6,327 | -€9,946 | |
| Income taxes | 67/77 | €3,119 | €763 | -€2,357 | -75.5% |
| Profit (loss) for the period | 9904 | €499 | -€7,090 | -€7,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €499 | -€7,090 | -€7,589 |
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 8 November 2026 via checked.be.