MIAR SERVICES: 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.
MIAR SERVICES
Largest movements
- Receivables within one year +€34,406
up €34,406 (+676.2%), from €5,088 to €39,494
of which Trade receivables: +€29,797
- Cash +€14,700
up €14,700 (+114.4%), from €12,853 to €27,553
mainly Net result for the year (+€43,491) and Tax, wage and social debts (+€8,019)
- Tangible fixed assets +€3,284
new in 2025: €3,284
- Profit (loss) carried forward +€43,491
up €43,491 (+1064.8%), from €4,084 to €47,576
- Tax, wage and social debts +€8,019
up €8,019 (+74.3%), from €10,789 to €18,808
of which Taxes: +€6,519
- Trade debts +€880
up €880 (+22275.2%), from €4 to €884
- Gross operating margin +€43,689
up €43,689 (+371.1%), from €11,772 to €55,461
- Taxes +€3,629
up €3,629 (+49.9%), from €7,271 to €10,900
- Depreciation +€1,190
new in 2025: €1,190
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 | €17,941 | €70,331 | +€52,390 | +292.0% |
| Fixed assets | 21/28 | - | €3,284 | +€3,284 | |
| Tangible fixed assets | 22/27 | - | €3,284 | +€3,284 | |
| Furniture and vehicles | 24 | - | €3,284 | +€3,284 | |
| Current assets | 29/58 | €17,941 | €67,047 | +€49,106 | +273.7% |
| Amounts receivable within one year | 40/41 | €5,088 | €39,494 | +€34,406 | +676.2% |
| Trade receivables | 40 | €288 | €30,085 | +€29,797 | +10348.1% |
| Other amounts receivable | 41 | €4,800 | €9,409 | +€4,609 | +96.0% |
| Cash at bank and in hand | 54/58 | €12,853 | €27,553 | +€14,700 | +114.4% |
| Total equity and liabilities | 10/49 | €17,941 | €70,331 | +€52,390 | +292.0% |
| Equity | 10/15 | €5,084 | €48,576 | +€43,491 | +855.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,084 | €47,576 | +€43,491 | +1064.8% |
| Amounts payable | 17/49 | €12,856 | €21,755 | +€8,899 | +69.2% |
| Amounts payable within one year | 42/48 | €12,856 | €21,755 | +€8,899 | +69.2% |
| Trade debts | 44 | €4 | €884 | +€880 | +22275.2% |
| Suppliers | 440/4 | €4 | €884 | +€880 | +22275.2% |
| Taxes, remuneration and social security | 45 | €10,789 | €18,808 | +€8,019 | +74.3% |
| Taxes | 450/3 | €3,189 | €9,708 | +€6,519 | +204.4% |
| Remuneration and social security | 454/9 | €7,600 | €9,100 | +€1,500 | +19.7% |
| Other amounts payable | 47/48 | €2,063 | €2,063 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,190 | +€1,190 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €11,772 | €55,461 | +€43,689 | +371.1% |
| Operating profit (loss) | 9901 | €11,385 | €54,271 | +€42,886 | +376.7% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €29 | €6 | -€23 | -78.1% |
| Recurring financial charges | 65 | €29 | €6 | -€23 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €11,356 | €54,391 | +€43,036 | +379.0% |
| Income taxes | 67/77 | €7,271 | €10,900 | +€3,629 | +49.9% |
| Profit (loss) for the period | 9904 | €4,084 | €43,491 | +€39,407 | +964.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,084 | €43,491 | +€39,407 | +964.8% |
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 10 October 2026 via checked.be.