Miraci: 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.
Miraci
Largest movements
- Stocks and contracts -€8,560
down €8,560 (-54.8%), from €15,627 to €7,067
- Tangible fixed assets -€8,480
down €8,480 (-19.7%), from €43,095 to €34,616
of which Leasing and similar rights: -€4,896
- Deferred charges and accrued income +€7,688
new in 2025: €7,688
- Cash +€4,326
up €4,326 (+72.1%), from €6,001 to €10,327
mainly Net result for the year (+€16,079) and Depreciation (+€13,522)
- Receivables within one year -€3,167
down €3,167 (-11.2%), from €28,247 to €25,080
of which Other amounts receivable: -€4,301
- Reserves +€16,079
up €16,079 (+129%), from €12,483 to €28,562
of which Distributable reserves: +€16,079
- Trade debts -€10,892
down €10,892 (-65.7%), from €16,584 to €5,692
- Tax, wage and social debts -€10,551
down €10,551 (-30.8%), from €34,259 to €23,708
of which Remuneration and social security: -€5,776
- Current portion of long-term debt -€7,144
no longer reported in 2025 (was €7,144)
- Advances received +€5,000
new in 2025: €5,000
- Taxes -€50,227
down €50,227, from €29,573 to -€20,654
- Gross operating margin -€47,790
down €47,790 (-64.3%), from €74,267 to €26,477
- Staff costs -€23,584
down €23,584 (-78.3%), from €30,138 to €6,554
- Financial income +€1,372
up €1,372 (+273%), from €502 to €1,874
- Financial charges +€1,022
up €1,022 (+68.7%), from €1,488 to €2,510
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 | €93,155 | €84,962 | -€8,194 | -8.8% |
| Fixed assets | 21/28 | €43,280 | €34,801 | -€8,480 | -19.6% |
| Tangible fixed assets | 22/27 | €43,095 | €34,616 | -€8,480 | -19.7% |
| Land and buildings | 22 | €14,537 | €12,331 | -€2,206 | -15.2% |
| Plant, machinery and equipment | 23 | €10,032 | €8,730 | -€1,302 | -13.0% |
| Furniture and vehicles | 24 | €5,168 | €5,092 | -€76 | -1.5% |
| Leasing and similar rights | 25 | €13,359 | €8,463 | -€4,896 | -36.6% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €49,875 | €50,161 | +€286 | +0.6% |
| Stocks and contracts in progress | 3 | €15,627 | €7,067 | -€8,560 | -54.8% |
| Stocks | 30/36 | €15,627 | €7,067 | -€8,560 | -54.8% |
| Amounts receivable within one year | 40/41 | €28,247 | €25,080 | -€3,167 | -11.2% |
| Trade receivables | 40 | €5,535 | €6,669 | +€1,134 | +20.5% |
| Other amounts receivable | 41 | €22,712 | €18,410 | -€4,301 | -18.9% |
| Cash at bank and in hand | 54/58 | €6,001 | €10,327 | +€4,326 | +72.1% |
| Deferred charges and accrued income | 490/1 | - | €7,688 | +€7,688 | |
| Total equity and liabilities | 10/49 | €93,155 | €84,962 | -€8,194 | -8.8% |
| Equity | 10/15 | €31,083 | €47,162 | +€16,079 | +51.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,483 | €28,562 | +€16,079 | +129% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,623 | €26,702 | +€16,079 | +151% |
| Amounts payable | 17/49 | €62,072 | €37,800 | -€24,272 | -39.1% |
| Amounts payable within one year | 42/48 | €58,012 | €34,400 | -€23,612 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | €7,144 | - | -€7,144 | |
| Financial debts | 43 | €26 | - | -€26 | |
| Credit institutions | 430/8 | €26 | - | -€26 | |
| Trade debts | 44 | €16,584 | €5,692 | -€10,892 | -65.7% |
| Suppliers | 440/4 | €16,584 | €5,692 | -€10,892 | -65.7% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €34,259 | €23,708 | -€10,551 | -30.8% |
| Taxes | 450/3 | €26,742 | €21,967 | -€4,775 | -17.9% |
| Remuneration and social security | 454/9 | €7,517 | €1,741 | -€5,776 | -76.8% |
| Accrued charges and deferred income | 492/3 | €4,060 | €3,400 | -€660 | -16.3% |
| Remuneration, social security and pensions | 62 | €30,138 | €6,554 | -€23,584 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,000 | €13,522 | -€478 | -3.4% |
| Other operating charges | 640/8 | €10,033 | €10,340 | +€307 | +3.1% |
| Gross operating margin | 9900 | €74,267 | €26,477 | -€47,790 | -64.3% |
| Operating profit (loss) | 9901 | €20,095 | -€3,939 | -€24,035 | |
| Financial income | 75/76B | €502 | €1,874 | +€1,372 | +273% |
| Recurring financial income | 75 | €502 | €1,874 | +€1,372 | +273% |
| Financial charges | 65/66B | €1,488 | €2,510 | +€1,022 | +68.7% |
| Recurring financial charges | 65 | €1,488 | €2,510 | +€1,022 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €19,109 | -€4,576 | -€23,685 | |
| Income taxes | 67/77 | €29,573 | -€20,654 | -€50,227 | |
| Profit (loss) for the period | 9904 | -€10,464 | €16,079 | +€26,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,464 | €16,079 | +€26,542 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.