Miejori: 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.
Miejori
Largest movements
- Stocks and contracts -€308,923
down €308,923 (-61.4%), from €502,987 to €194,064
of which Stocks: -€326,368
- Cash +€69,562
up €69,562 (+760%), from €9,158 to €78,720
mainly Stocks and contracts (+€308,923) and Receivables within one year (+€15,135)
- Receivables within one year -€15,135
down €15,135 (-95.8%), from €15,790 to €655
of which Trade receivables: -€15,790
- Short-term financial debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Debts after one year -€101,000
down €101,000 (-39.7%), from €254,588 to €153,588
- Trade debts -€14,779
down €14,779 (-91.7%), from €16,124 to €1,345
- Other debts +€5,517
up €5,517 (+1,827%), from €302 to €5,819
- Gross operating margin +€31,498
up €31,498, from -€11,898 to €19,600
- Other operating charges -€8,824
down €8,824 (-91.9%), from €9,604 to €780
- Financial charges -€4,106
down €4,106 (-28.0%), from €14,666 to €10,560
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 | €542,150 | €284,030 | -€258,120 | -47.6% |
| Formation expenses | 20 | €2,441 | €2,186 | -€255 | -10.5% |
| Fixed assets | 21/28 | €11,583 | €8,405 | -€3,178 | -27.4% |
| Tangible fixed assets | 22/27 | €11,583 | €8,405 | -€3,178 | -27.4% |
| Plant, machinery and equipment | 23 | €713 | €250 | -€463 | -64.9% |
| Furniture and vehicles | 24 | €6,101 | €4,107 | -€1,994 | -32.7% |
| Other tangible fixed assets | 26 | €4,768 | €4,048 | -€720 | -15.1% |
| Current assets | 29/58 | €528,125 | €273,439 | -€254,686 | -48.2% |
| Stocks and contracts in progress | 3 | €502,987 | €194,064 | -€308,923 | -61.4% |
| Stocks | 30/36 | €502,987 | €176,619 | -€326,368 | -64.9% |
| Contracts in progress | 37 | - | €17,445 | +€17,445 | |
| Amounts receivable within one year | 40/41 | €15,790 | €655 | -€15,135 | -95.8% |
| Trade receivables | 40 | €15,790 | €0 | -€15,790 | -100% |
| Other amounts receivable | 41 | €0 | €655 | +€655 | |
| Cash at bank and in hand | 54/58 | €9,158 | €78,720 | +€69,562 | +760% |
| Deferred charges and accrued income | 490/1 | €190 | €0 | -€190 | -100% |
| Total equity and liabilities | 10/49 | €542,150 | €284,030 | -€258,120 | -47.6% |
| Equity | 10/15 | €118,452 | €123,278 | +€4,826 | +4.1% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €79,852 | €84,678 | +€4,826 | +6.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €79,852 | €84,678 | +€4,826 | +6.0% |
| Amounts payable | 17/49 | €423,698 | €160,752 | -€262,946 | -62.1% |
| Amounts payable after more than one year | 17 | €254,588 | €153,588 | -€101,000 | -39.7% |
| Other amounts payable | 178/9 | €254,588 | €153,588 | -€101,000 | -39.7% |
| Amounts payable within one year | 42/48 | €169,109 | €7,164 | -€161,945 | -95.8% |
| Financial debts | 43 | €150,000 | €0 | -€150,000 | -100% |
| Credit institutions | 430/8 | €150,000 | €0 | -€150,000 | -100% |
| Trade debts | 44 | €16,124 | €1,345 | -€14,779 | -91.7% |
| Suppliers | 440/4 | €16,124 | €1,345 | -€14,779 | -91.7% |
| Advances received on contracts in progress | 46 | €25 | €0 | -€25 | -100% |
| Taxes, remuneration and social security | 45 | €2,659 | €0 | -€2,659 | -100% |
| Taxes | 450/3 | €2,659 | €0 | -€2,659 | -100% |
| Other amounts payable | 47/48 | €302 | €5,819 | +€5,517 | +1,827% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,295 | €3,434 | +€139 | +4.2% |
| Other operating charges | 640/8 | €9,604 | €780 | -€8,824 | -91.9% |
| Non-recurring operating charges | 66A | €12,802 | €0 | -€12,802 | -100% |
| Gross operating margin | 9900 | -€11,898 | €19,600 | +€31,498 | |
| Operating profit (loss) | 9901 | -€37,599 | €15,386 | +€52,985 | |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €14,666 | €10,560 | -€4,106 | -28.0% |
| Recurring financial charges | 65 | €14,666 | €10,560 | -€4,106 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€52,265 | €4,826 | +€57,091 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€52,265 | €4,826 | +€57,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,265 | €4,826 | +€57,091 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.