LA MIRAGE: 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.
LA MIRAGE
Largest movements
- Cash +€106,401
up €106,401 (+1,083%), from €9,829 to €116,230
mainly Depreciation (+€78,821) and Net result for the year (+€65,040)
- Tangible fixed assets -€76,583
down €76,583 (-6.1%), from €1.3m to €1.2m
of which Land and buildings: -€75,033
- Debts after one year -€80,231
down €80,231 (-12.1%), from €660,989 to €580,758
- Profit (loss) carried forward +€65,040
up €65,040 (+90.5%), from €71,868 to €136,907
- Other debts +€38,305
up €38,305 (+14.1%), from €272,103 to €310,408
- Accrued charges and deferred income -€17,445
down €17,445 (-100%), from €17,445 to €0
- Current portion of long-term debt +€14,765
up €14,765 (+18.8%), from €78,542 to €93,307
- Gross operating margin +€30,172
up €30,172 (+19.1%), from €157,738 to €187,911
- Financial income -€12,430
down €12,430 (-58.4%), from €21,288 to €8,858
- Financial charges -€11,376
down €11,376 (-19.9%), from €57,093 to €45,718
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 | €1,335,134 | €1,357,462 | +€22,328 | +1.7% |
| Fixed assets | 21/28 | €1,260,884 | €1,184,302 | -€76,583 | -6.1% |
| Tangible fixed assets | 22/27 | €1,260,084 | €1,183,502 | -€76,583 | -6.1% |
| Land and buildings | 22 | €1,255,545 | €1,180,511 | -€75,033 | -6.0% |
| Plant, machinery and equipment | 23 | €4,540 | €2,991 | -€1,549 | -34.1% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €74,249 | €173,160 | +€98,911 | +133% |
| Amounts receivable within one year | 40/41 | €1,739 | €0 | -€1,739 | -100% |
| Trade receivables | 40 | €1,739 | €0 | -€1,739 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,829 | €116,230 | +€106,401 | +1,083% |
| Deferred charges and accrued income | 490/1 | €62,682 | €56,931 | -€5,751 | -9.2% |
| Total equity and liabilities | 10/49 | €1,335,134 | €1,357,462 | +€22,328 | +1.7% |
| Equity | 10/15 | €301,273 | €366,312 | +€65,040 | +21.6% |
| Contributions | 10/11 | €218,550 | €218,550 | = | 0.0% |
| Reserves | 13 | €10,855 | €10,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,868 | €136,907 | +€65,040 | +90.5% |
| Amounts payable | 17/49 | €1,033,861 | €991,150 | -€42,711 | -4.1% |
| Amounts payable after more than one year | 17 | €660,989 | €580,758 | -€80,231 | -12.1% |
| Financial debts | 170/4 | €660,989 | €580,758 | -€80,231 | -12.1% |
| Amounts payable within one year | 42/48 | €355,426 | €410,391 | +€54,965 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €78,542 | €93,307 | +€14,765 | +18.8% |
| Trade debts | 44 | €4,781 | €6,676 | +€1,895 | +39.6% |
| Suppliers | 440/4 | €4,781 | €6,676 | +€1,895 | +39.6% |
| Other amounts payable | 47/48 | €272,103 | €310,408 | +€38,305 | +14.1% |
| Accrued charges and deferred income | 492/3 | €17,445 | €0 | -€17,445 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,704 | €78,821 | +€117 | +0.1% |
| Other operating charges | 640/8 | €8,298 | €7,190 | -€1,108 | -13.4% |
| Gross operating margin | 9900 | €157,738 | €187,911 | +€30,172 | +19.1% |
| Operating profit (loss) | 9901 | €70,736 | €101,900 | +€31,164 | +44.1% |
| Financial income | 75/76B | €21,288 | €8,858 | -€12,430 | -58.4% |
| Recurring financial income | 75 | €21,288 | €8,858 | -€12,430 | -58.4% |
| Financial charges | 65/66B | €57,093 | €45,718 | -€11,376 | -19.9% |
| Recurring financial charges | 65 | €57,093 | €45,718 | -€11,376 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €34,931 | €65,040 | +€30,109 | +86.2% |
| Profit (loss) for the period | 9904 | €34,931 | €65,040 | +€30,109 | +86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,931 | €65,040 | +€30,109 | +86.2% |
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 25 October 2026 via checked.be.