MIR: 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.
MIR
Largest movements
- Current investments +€20,000
new in 2024: €20,000
- Tangible fixed assets -€7,792
down €7,792 (-25.1%), from €31,048 to €23,256
of which Furniture and vehicles: -€8,087
- Cash -€5,921
down €5,921 (-4.9%), from €120,218 to €114,296
mainly Current investments (-€20,000) and Debts after one year (-€5,115)
- Deferred charges and accrued income -€2,645
down €2,645 (-66.1%), from €4,000 to €1,355
- Reserves +€9,472
up €9,472 (+9.1%), from €104,410 to €113,881
- Debts after one year -€5,115
down €5,115 (-51.2%), from €9,991 to €4,876
- Gross operating margin +€8,941
up €8,941 (+64.3%), from €13,896 to €22,837
- Taxes +€2,633
up €2,633 (+262.3%), from €1,004 to €3,636
- Other operating charges -€718
down €718 (-46.3%), from €1,551 to €833
- Financial income +€330
new in 2024: €330
- Financial charges +€317
up €317 (+38.7%), from €818 to €1,135
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,446 | €164,837 | +€2,391 | +1.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €31,048 | €23,256 | -€7,792 | -25.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €31,048 | €23,256 | -€7,792 | -25.1% |
| Plant, machinery and equipment | 23 | €0 | €296 | +€296 | |
| Furniture and vehicles | 24 | €31,048 | €22,960 | -€8,087 | -26.0% |
| Current assets | 29/58 | €131,399 | €141,581 | +€10,182 | +7.7% |
| Amounts receivable within one year | 40/41 | €7,181 | €5,930 | -€1,251 | -17.4% |
| Trade receivables | 40 | €6,768 | €5,856 | -€911 | -13.5% |
| Other amounts receivable | 41 | €413 | €73 | -€340 | -82.3% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €120,218 | €114,296 | -€5,921 | -4.9% |
| Deferred charges and accrued income | 490/1 | €4,000 | €1,355 | -€2,645 | -66.1% |
| Total equity and liabilities | 10/49 | €162,446 | €164,837 | +€2,391 | +1.5% |
| Equity | 10/15 | €123,002 | €132,473 | +€9,472 | +7.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €104,410 | €113,881 | +€9,472 | +9.1% |
| Distributable reserves | 133 | €104,410 | €113,881 | +€9,472 | +9.1% |
| Amounts payable | 17/49 | €39,445 | €32,364 | -€7,081 | -18.0% |
| Amounts payable after more than one year | 17 | €9,991 | €4,876 | -€5,115 | -51.2% |
| Financial debts | 170/4 | €9,991 | €4,876 | -€5,115 | -51.2% |
| Amounts payable within one year | 42/48 | €29,454 | €27,315 | -€2,139 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €4,911 | €5,115 | +€204 | +4.2% |
| Trade debts | 44 | €1,923 | €1,091 | -€832 | -43.3% |
| Suppliers | 440/4 | €1,923 | €1,091 | -€832 | -43.3% |
| Taxes, remuneration and social security | 45 | €3,232 | €1,796 | -€1,435 | -44.4% |
| Taxes | 450/3 | €2,094 | €617 | -€1,476 | -70.5% |
| Remuneration and social security | 454/9 | €1,138 | €1,179 | +€41 | +3.6% |
| Other amounts payable | 47/48 | €19,388 | €19,312 | -€76 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €173 | +€173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,847 | €8,092 | +€244 | +3.1% |
| Other operating charges | 640/8 | €1,551 | €833 | -€718 | -46.3% |
| Gross operating margin | 9900 | €13,896 | €22,837 | +€8,941 | +64.3% |
| Operating profit (loss) | 9901 | €4,498 | €13,912 | +€9,415 | +209.3% |
| Financial income | 75/76B | - | €330 | +€330 | |
| Recurring financial income | 75 | - | €330 | +€330 | |
| Financial charges | 65/66B | €818 | €1,135 | +€317 | +38.7% |
| Recurring financial charges | 65 | €818 | €1,135 | +€317 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €3,680 | €13,108 | +€9,428 | +256.2% |
| Income taxes | 67/77 | €1,004 | €3,636 | +€2,633 | +262.3% |
| Profit (loss) for the period | 9904 | €2,676 | €9,472 | +€6,796 | +253.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,676 | €9,472 | +€6,796 | +253.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.