MIBURA: 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.
MIBURA
Largest movements
- Cash +€6,711
up €6,711 (+41.2%), from €16,269 to €22,980
mainly Depreciation (+€6,435) and Tax, wage and social debts (+€1,020)
- Tangible fixed assets -€6,435
down €6,435 (-22.0%), from €29,305 to €22,870
- Profit (loss) carried forward -€1,208
down €1,208 (-6.6%), from €18,420 to €17,212
- Tax, wage and social debts +€1,020
up €1,020 (+61.1%), from €1,670 to €2,690
- Other operating charges +€2,117
up €2,117 (+88.1%), from €2,403 to €4,519
- Gross operating margin +€1,101
up €1,101 (+7.9%), from €13,864 to €14,965
- Depreciation -€1,088
down €1,088 (-14.5%), from €7,522 to €6,435
- Staff costs +€930
new in 2025: €930
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 | €81,678 | €81,427 | -€250 | -0.3% |
| Fixed assets | 21/28 | €29,305 | €22,870 | -€6,435 | -22.0% |
| Tangible fixed assets | 22/27 | €29,305 | €22,870 | -€6,435 | -22.0% |
| Plant, machinery and equipment | 23 | €2,234 | €372 | -€1,862 | -83.4% |
| Furniture and vehicles | 24 | €4,630 | €2,893 | -€1,737 | -37.5% |
| Other tangible fixed assets | 26 | €22,442 | €19,606 | -€2,836 | -12.6% |
| Current assets | 29/58 | €52,372 | €58,557 | +€6,185 | +11.8% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,809 | €5,240 | -€569 | -9.8% |
| Trade receivables | 40 | €0 | €2,240 | +€2,240 | |
| Other amounts receivable | 41 | €5,809 | €3,000 | -€2,809 | -48.4% |
| Cash at bank and in hand | 54/58 | €16,269 | €22,980 | +€6,711 | +41.2% |
| Deferred charges and accrued income | 490/1 | €294 | €337 | +€43 | +14.5% |
| Total equity and liabilities | 10/49 | €81,678 | €81,427 | -€250 | -0.3% |
| Equity | 10/15 | €78,230 | €77,022 | -€1,208 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,210 | €41,210 | = | 0.0% |
| Distributable reserves | 133 | €41,210 | €41,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,420 | €17,212 | -€1,208 | -6.6% |
| Amounts payable | 17/49 | €3,447 | €4,405 | +€957 | +27.8% |
| Amounts payable within one year | 42/48 | €3,447 | €4,405 | +€957 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €773 | €771 | -€2 | -0.3% |
| Trade debts | 44 | €1,004 | €945 | -€60 | -6.0% |
| Suppliers | 440/4 | €1,004 | €945 | -€60 | -6.0% |
| Taxes, remuneration and social security | 45 | €1,670 | €2,690 | +€1,020 | +61.1% |
| Taxes | 450/3 | €1,670 | €2,690 | +€1,020 | +61.1% |
| Remuneration, social security and pensions | 62 | - | €930 | +€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,522 | €6,435 | -€1,088 | -14.5% |
| Other operating charges | 640/8 | €2,403 | €4,519 | +€2,117 | +88.1% |
| Gross operating margin | 9900 | €13,864 | €14,965 | +€1,101 | +7.9% |
| Operating profit (loss) | 9901 | €3,938 | €3,080 | -€859 | -21.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €4,163 | €4,287 | +€125 | +3.0% |
| Recurring financial charges | 65 | €4,163 | €4,287 | +€125 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€223 | -€1,208 | -€984 | -441% |
| Income taxes | 67/77 | €45 | €0 | -€45 | -100% |
| Profit (loss) for the period | 9904 | -€269 | -€1,208 | -€939 | -349% |
| Profit (loss) for the period to be appropriated | 9905 | -€269 | -€1,208 | -€939 | -349% |
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.