MIERMANS JOHNNY: 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.
MIERMANS JOHNNY
Largest movements
- Receivables within one year -€92,982
down €92,982 (-31.7%), from €293,709 to €200,727
of which Other amounts receivable: -€93,093
- Deferred charges and accrued income +€80,252
new in 2025: €80,252
- Cash -€31,430
no longer reported in 2025 (was €31,430)
mainly Deferred charges and accrued income (-€80,252) and Trade debts (-€14,401)
- Stocks and contracts +€12,500
new in 2025: €12,500
- Tangible fixed assets -€7,994
down €7,994 (-20.4%), from €39,140 to €31,146
of which Plant, machinery and equipment: -€4,552
- Trade debts -€14,401
down €14,401 (-86.6%), from €16,622 to €2,221
- Tax, wage and social debts -€13,640
down €13,640 (-52.1%), from €26,201 to €12,561
- Reserves -€7,282
down €7,282 (-1.8%), from €396,896 to €389,615
of which Distributable reserves: -€7,282
- Debts after one year -€4,778
down €4,778 (-79.5%), from €6,010 to €1,232
- Gross operating margin -€48,442
down €48,442, from €37,956 to -€10,486
- Taxes -€23,407
down €23,407 (-96.1%), from €24,369 to €962
- Financial income -€3,904
down €3,904 (-18.0%), from €21,649 to €17,745
of which Financial income: -€4,586
- Financial charges -€2,260
down €2,260 (-73.1%), from €3,090 to €831
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 | €464,279 | €424,625 | -€39,654 | -8.5% |
| Fixed assets | 21/28 | €39,140 | €31,146 | -€7,994 | -20.4% |
| Tangible fixed assets | 22/27 | €39,140 | €31,146 | -€7,994 | -20.4% |
| Plant, machinery and equipment | 23 | €27,564 | €23,011 | -€4,552 | -16.5% |
| Furniture and vehicles | 24 | €11,576 | €8,135 | -€3,441 | -29.7% |
| Current assets | 29/58 | €425,139 | €393,479 | -€31,660 | -7.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €12,500 | +€12,500 | |
| Stocks | 30/36 | - | €12,500 | +€12,500 | |
| Amounts receivable within one year | 40/41 | €293,709 | €200,727 | -€92,982 | -31.7% |
| Trade receivables | 40 | €82,411 | €82,521 | +€110 | +0.1% |
| Other amounts receivable | 41 | €211,298 | €118,206 | -€93,093 | -44.1% |
| Cash at bank and in hand | 54/58 | €31,430 | - | -€31,430 | |
| Deferred charges and accrued income | 490/1 | - | €80,252 | +€80,252 | |
| Total equity and liabilities | 10/49 | €464,279 | €424,625 | -€39,654 | -8.5% |
| Equity | 10/15 | €410,896 | €403,615 | -€7,282 | -1.8% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €396,896 | €389,615 | -€7,282 | -1.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €394,896 | €387,615 | -€7,282 | -1.8% |
| Amounts payable | 17/49 | €53,382 | €21,010 | -€32,372 | -60.6% |
| Amounts payable after more than one year | 17 | €6,010 | €1,232 | -€4,778 | -79.5% |
| Financial debts | 170/4 | €6,010 | €1,232 | -€4,778 | -79.5% |
| Amounts payable within one year | 42/48 | €47,372 | €19,779 | -€27,594 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €4,549 | €4,996 | +€448 | +9.8% |
| Trade debts | 44 | €16,622 | €2,221 | -€14,401 | -86.6% |
| Suppliers | 440/4 | €16,622 | €2,221 | -€14,401 | -86.6% |
| Taxes, remuneration and social security | 45 | €26,201 | €12,561 | -€13,640 | -52.1% |
| Taxes | 450/3 | €26,201 | €12,561 | -€13,640 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,301 | €7,994 | -€308 | -3.7% |
| Other operating charges | 640/8 | €5,050 | €4,754 | -€296 | -5.9% |
| Gross operating margin | 9900 | €37,956 | -€10,486 | -€48,442 | |
| Operating profit (loss) | 9901 | €24,604 | -€23,234 | -€47,838 | |
| Financial income | 75/76B | €21,649 | €17,745 | -€3,904 | -18.0% |
| Recurring financial income | 75 | €18,766 | €14,180 | -€4,586 | -24.4% |
| Non-recurring financial income | 76B | €2,883 | €3,565 | +€682 | +23.7% |
| Financial charges | 65/66B | €3,090 | €831 | -€2,260 | -73.1% |
| Recurring financial charges | 65 | €3,090 | €831 | -€2,260 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | €43,163 | -€6,320 | -€49,482 | |
| Income taxes | 67/77 | €24,369 | €962 | -€23,407 | -96.1% |
| Profit (loss) for the period | 9904 | €18,793 | -€7,282 | -€26,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,793 | -€7,282 | -€26,075 |
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.