MIRA NEF: 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 NEF
Largest movements
- Receivables within one year -€111,719
down €111,719 (-55.7%), from €200,534 to €88,814
of which Trade receivables: -€115,338
- Cash +€72,915
up €72,915 (+666%), from €10,943 to €83,858
mainly Depreciation (+€116,917) and Receivables within one year (+€111,719)
- Tangible fixed assets +€33,189
up €33,189 (+2.6%), from €1.3m to €1.3m
of which Plant, machinery and equipment: +€86,968
- Debts after one year -€94,464
down €94,464 (-11.1%), from €851,257 to €756,793
- Profit (loss) carried forward +€86,281
up €86,281 (+124%), from €69,418 to €155,699
- Other debts -€49,795
down €49,795 (-66.1%), from €75,385 to €25,590
- Tax, wage and social debts +€21,195
up €21,195 (+11.9%), from €178,190 to €199,386
of which Remuneration and social security: +€23,775
- Trade debts +€19,301
up €19,301 (+118%), from €16,350 to €35,652
- Staff costs +€106,818
up €106,818 (+27.6%), from €386,519 to €493,337
- Taxes -€77,828
down €77,828 (-73.8%), from €105,525 to €27,697
- Depreciation +€48,955
up €48,955 (+72.0%), from €67,963 to €116,917
- Financial charges +€29,572
up €29,572 (+339%), from €8,732 to €38,303
- Gross operating margin -€20,581
down €20,581 (-2.6%), from €788,714 to €768,134
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 | €1,504,896 | €1,506,711 | +€1,815 | +0.1% |
| Fixed assets | 21/28 | €1,292,731 | €1,325,920 | +€33,189 | +2.6% |
| Tangible fixed assets | 22/27 | €1,292,731 | €1,325,920 | +€33,189 | +2.6% |
| Land and buildings | 22 | €1,012,423 | €979,803 | -€32,620 | -3.2% |
| Plant, machinery and equipment | 23 | €32,915 | €119,882 | +€86,968 | +264% |
| Furniture and vehicles | 24 | €247,394 | €226,235 | -€21,159 | -8.6% |
| Current assets | 29/58 | €212,165 | €180,791 | -€31,374 | -14.8% |
| Amounts receivable within one year | 40/41 | €200,534 | €88,814 | -€111,719 | -55.7% |
| Trade receivables | 40 | €158,442 | €43,104 | -€115,338 | -72.8% |
| Other amounts receivable | 41 | €42,091 | €45,710 | +€3,619 | +8.6% |
| Cash at bank and in hand | 54/58 | €10,943 | €83,858 | +€72,915 | +666% |
| Deferred charges and accrued income | 490/1 | €688 | €8,118 | +€7,430 | +1,079% |
| Total equity and liabilities | 10/49 | €1,504,896 | €1,506,711 | +€1,815 | +0.1% |
| Equity | 10/15 | €296,270 | €382,551 | +€86,281 | +29.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €211,852 | €211,852 | = | 0.0% |
| Distributable reserves | 133 | €211,852 | €211,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,418 | €155,699 | +€86,281 | +124% |
| Amounts payable | 17/49 | €1,208,626 | €1,124,159 | -€84,466 | -7.0% |
| Amounts payable after more than one year | 17 | €851,257 | €756,793 | -€94,464 | -11.1% |
| Financial debts | 170/4 | €851,257 | €756,793 | -€94,464 | -11.1% |
| Amounts payable within one year | 42/48 | €357,369 | €367,366 | +€9,998 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €87,443 | €94,464 | +€7,021 | +8.0% |
| Trade debts | 44 | €16,350 | €35,652 | +€19,301 | +118% |
| Suppliers | 440/4 | €16,350 | €35,652 | +€19,301 | +118% |
| Advances received on contracts in progress | 46 | - | €12,275 | +€12,275 | |
| Taxes, remuneration and social security | 45 | €178,190 | €199,386 | +€21,195 | +11.9% |
| Taxes | 450/3 | €137,508 | €134,928 | -€2,579 | -1.9% |
| Remuneration and social security | 454/9 | €40,682 | €64,457 | +€23,775 | +58.4% |
| Other amounts payable | 47/48 | €75,385 | €25,590 | -€49,795 | -66.1% |
| Remuneration, social security and pensions | 62 | €386,519 | €493,337 | +€106,818 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,963 | €116,917 | +€48,955 | +72.0% |
| Other operating charges | 640/8 | €8,211 | €5,652 | -€2,559 | -31.2% |
| Gross operating margin | 9900 | €788,714 | €768,134 | -€20,581 | -2.6% |
| Operating profit (loss) | 9901 | €326,022 | €152,228 | -€173,794 | -53.3% |
| Financial income | 75/76B | €87 | €54 | -€33 | -37.9% |
| Recurring financial income | 75 | €87 | €54 | -€33 | -37.9% |
| Financial charges | 65/66B | €8,732 | €38,303 | +€29,572 | +339% |
| Recurring financial charges | 65 | €8,732 | €38,303 | +€29,572 | +339% |
| Profit (loss) for the period before taxes | 9903 | €317,377 | €113,978 | -€203,399 | -64.1% |
| Income taxes | 67/77 | €105,525 | €27,697 | -€77,828 | -73.8% |
| Profit (loss) for the period | 9904 | €211,852 | €86,281 | -€125,571 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €211,852 | €86,281 | -€125,571 | -59.3% |
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 28 October 2026 via checked.be.