MIRA: 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.
MIRA
Largest movements
- Current investments -€190,000
down €190,000 (-100%), from €190,000 to €0
- Tangible fixed assets +€92,784
up €92,784 (+24.8%), from €373,905 to €466,688
of which Furniture and vehicles: +€158,415
- Cash +€54,556
up €54,556 (+1,339%), from €4,074 to €58,631
mainly Current investments (+€190,000) and Depreciation (+€77,216)
- Receivables within one year +€35,865
up €35,865 (+16.8%), from €213,263 to €249,127
of which Other amounts receivable: +€31,315
- Provisions -€11,912
down €11,912 (-19.2%), from €61,998 to €50,086
- Other debts +€9,919
up €9,919 (+6.5%), from €153,735 to €163,654
- Depreciation +€5,085
up €5,085 (+7.0%), from €72,131 to €77,216
- Financial income -€3,800
down €3,800 (-62.7%), from €6,060 to €2,259
- Gross operating margin -€2,051
down €2,051 (-2.3%), from €90,199 to €88,148
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 | €784,033 | €774,446 | -€9,586 | -1.2% |
| Fixed assets | 21/28 | €373,905 | €466,688 | +€92,784 | +24.8% |
| Tangible fixed assets | 22/27 | €373,905 | €466,688 | +€92,784 | +24.8% |
| Plant, machinery and equipment | 23 | €368,025 | €302,394 | -€65,631 | -17.8% |
| Furniture and vehicles | 24 | €5,880 | €164,295 | +€158,415 | +2,694% |
| Current assets | 29/58 | €410,128 | €307,758 | -€102,370 | -25.0% |
| Amounts receivable within one year | 40/41 | €213,263 | €249,127 | +€35,865 | +16.8% |
| Trade receivables | 40 | €213,263 | €217,813 | +€4,550 | +2.1% |
| Other amounts receivable | 41 | - | €31,315 | +€31,315 | |
| Current investments | 50/53 | €190,000 | €0 | -€190,000 | -100% |
| Cash at bank and in hand | 54/58 | €4,074 | €58,631 | +€54,556 | +1,339% |
| Deferred charges and accrued income | 490/1 | €2,791 | €0 | -€2,791 | -100% |
| Total equity and liabilities | 10/49 | €784,033 | €774,446 | -€9,586 | -1.2% |
| Equity | 10/15 | €549,346 | €546,719 | -€2,627 | -0.5% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €354,078 | €351,451 | -€2,627 | -0.7% |
| Non-distributable reserves | 130/1 | €9,340 | €10,996 | +€1,655 | +17.7% |
| Legal reserve | 130 | €9,340 | €10,996 | +€1,655 | +17.7% |
| Tax-exempt reserves | 132 | €185,993 | €150,258 | -€35,735 | -19.2% |
| Distributable reserves | 133 | €158,745 | €190,198 | +€31,453 | +19.8% |
| Profit (loss) carried forward | 14 | €9,347 | €9,347 | = | 0.0% |
| Provisions and deferred taxes | 16 | €61,998 | €50,086 | -€11,912 | -19.2% |
| Deferred taxes | 168 | €61,998 | €50,086 | -€11,912 | -19.2% |
| Amounts payable | 17/49 | €172,689 | €177,642 | +€4,953 | +2.9% |
| Amounts payable within one year | 42/48 | €159,967 | €166,472 | +€6,505 | +4.1% |
| Trade debts | 44 | €195 | €513 | +€318 | +163% |
| Suppliers | 440/4 | €195 | €513 | +€318 | +163% |
| Taxes, remuneration and social security | 45 | €6,037 | €2,305 | -€3,732 | -61.8% |
| Taxes | 450/3 | €6,037 | €2,305 | -€3,732 | -61.8% |
| Other amounts payable | 47/48 | €153,735 | €163,654 | +€9,919 | +6.5% |
| Accrued charges and deferred income | 492/3 | €12,722 | €11,170 | -€1,552 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,131 | €77,216 | +€5,085 | +7.0% |
| Other operating charges | 640/8 | €536 | €544 | +€8 | +1.4% |
| Gross operating margin | 9900 | €90,199 | €88,148 | -€2,051 | -2.3% |
| Operating profit (loss) | 9901 | €17,531 | €10,388 | -€7,143 | -40.7% |
| Financial income | 75/76B | €6,060 | €2,259 | -€3,800 | -62.7% |
| Recurring financial income | 75 | €6,060 | €2,259 | -€3,800 | -62.7% |
| Financial charges | 65/66B | €12,417 | €11,703 | -€713 | -5.7% |
| Recurring financial charges | 65 | €12,417 | €11,703 | -€713 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €11,174 | €944 | -€10,230 | -91.6% |
| Transfer from deferred taxes | 780 | €11,985 | €11,912 | -€73 | -0.6% |
| Income taxes | 67/77 | €15,685 | €15,483 | -€203 | -1.3% |
| Profit (loss) for the period | 9904 | €7,474 | -€2,627 | -€10,101 | |
| Transfer from tax-exempt reserves | 789 | €35,955 | €35,735 | -€220 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,428 | €33,108 | -€10,320 | -23.8% |
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 21 October 2026 via checked.be.