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MIERIE: what changed

Two fiscal 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.

What changed

MIERIE

BE 0829.013.369
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€6,996
2024 · €3,983-€10,978
Equity
€33,425
2024 · €40,421-€6,996
Cash
€31,549
2024 · €23,081+€8,468
Balance sheet total
€34,787
2024 · €42,588-€7,801

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€16,016

    down €16,016 (-94.9%), from €16,875 to €859

    of which Land and buildings: -€14,509

  • Cash +€8,468

    up €8,468 (+36.7%), from €23,081 to €31,549

    mainly Depreciation (+€16,016) and Trade debts (+€303)

Equity and liabilities
  • Profit (loss) carried forward -€6,996

    down €6,996, from €519 to -€6,476

  • Tax, wage and social debts -€1,108

    down €1,108 (-75.2%), from €1,473 to €365

Income statement
  • Gross operating margin -€11,749

    down €11,749 (-48.2%), from €24,398 to €12,648

  • Depreciation -€588

    down €588 (-3.5%), from €16,604 to €16,016

  • Taxes -€384

    down €384 (-49.6%), from €773 to €390

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,983
Gross operating margin -€11,749
Depreciation +€588
Other operating charges -€73
Financial income +€88
Financial charges -€215
Taxes +€384
Result 2025 -€6,996

Cash bridge derived

cash 2024 to 2025

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.

From operations +€8,468
Investment €0
Financing €0
Cash 2024 €23,081
Net result for the year -€6,996
Depreciation +€16,016
Deferred charges and accrued income +€253
Trade debts +€303
Tax, wage and social debts -€1,108
Cash 2025 €31,549
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €42,588 €34,787 -€7,801 -18.3%
Fixed assets 21/28 €16,875 €859 -€16,016 -94.9%
Tangible fixed assets 22/27 €16,875 €859 -€16,016 -94.9%
Land and buildings 22 €15,240 €732 -€14,509 -95.2%
Plant, machinery and equipment 23 €1,635 €128 -€1,507 -92.2%
Current assets 29/58 €25,713 €33,928 +€8,215 +32.0%
Cash at bank and in hand 54/58 €23,081 €31,549 +€8,468 +36.7%
Deferred charges and accrued income 490/1 €2,631 €2,379 -€253 -9.6%
Total equity and liabilities 10/49 €42,588 €34,787 -€7,801 -18.3%
Equity 10/15 €40,421 €33,425 -€6,996 -17.3%
Contributions 10/11 €15,000 €15,000 = 0.0%
Reserves 13 €24,901 €24,901 = 0.0%
Distributable reserves 133 €24,901 €24,901 = 0.0%
Profit (loss) carried forward 14 €519 -€6,476 -€6,996
Amounts payable 17/49 €2,167 €1,362 -€805 -37.2%
Amounts payable within one year 42/48 €2,167 €1,362 -€805 -37.2%
Trade debts 44 €42 €345 +€303 +722.9%
Suppliers 440/4 €42 €345 +€303 +722.9%
Taxes, remuneration and social security 45 €1,473 €365 -€1,108 -75.2%
Taxes 450/3 €1,473 €365 -€1,108 -75.2%
Other amounts payable 47/48 €652 €652 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,604 €16,016 -€588 -3.5%
Other operating charges 640/8 €2,753 €2,826 +€73 +2.7%
Gross operating margin 9900 €24,398 €12,648 -€11,749 -48.2%
Operating profit (loss) 9901 €5,040 -€6,194 -€11,235
Financial income 75/76B €1 €88 +€88 +13298.5%
Recurring financial income 75 €1 €88 +€88 +13298.5%
Financial charges 65/66B €285 €500 +€215 +75.5%
Recurring financial charges 65 €285 €500 +€215 +75.5%
Profit (loss) for the period before taxes 9903 €4,756 -€6,606 -€11,362
Income taxes 67/77 €773 €390 -€384 -49.6%
Profit (loss) for the period 9904 €3,983 -€6,996 -€10,978
Profit (loss) for the period to be appropriated 9905 €3,983 -€6,996 -€10,978

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.