MIRACLE 8: 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.
MIRACLE 8
Largest movements
- Receivables within one year +€6,072
up €6,072 (+284%), from €2,140 to €8,212
of which Trade receivables: +€5,127
- Cash +€3,606
up €3,606, from €0 to €3,606
mainly Net result for the year (+€11,887) and Trade debts (+€4,872)
- Tangible fixed assets -€3,025
down €3,025 (-39.1%), from €7,747 to €4,721
- Other debts -€12,979
down €12,979 (-100%), from €12,979 to €0
- Profit (loss) carried forward +€11,887
up €11,887 (+54.5%), from -€21,801 to -€9,915
- Trade debts +€4,872
up €4,872 (+153%), from €3,194 to €8,066
- Tax, wage and social debts +€4,156
up €4,156 (+2,668%), from €156 to €4,311
- Short-term financial debts -€1,290
down €1,290 (-77.1%), from €1,674 to €384
- Gross operating margin +€60,949
up €60,949, from -€44,690 to €16,259
- Financial income -€640
down €640 (-99.9%), from €640 to €1
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 | €11,017 | €17,662 | +€6,645 | +60.3% |
| Fixed assets | 21/28 | €8,272 | €5,246 | -€3,025 | -36.6% |
| Tangible fixed assets | 22/27 | €7,747 | €4,721 | -€3,025 | -39.1% |
| Furniture and vehicles | 24 | €7,747 | €4,721 | -€3,025 | -39.1% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €2,745 | €12,415 | +€9,670 | +352% |
| Amounts receivable within one year | 40/41 | €2,140 | €8,212 | +€6,072 | +284% |
| Trade receivables | 40 | €0 | €5,127 | +€5,127 | |
| Other amounts receivable | 41 | €2,140 | €3,085 | +€945 | +44.1% |
| Cash at bank and in hand | 54/58 | €0 | €3,606 | +€3,606 | |
| Deferred charges and accrued income | 490/1 | €605 | €597 | -€8 | -1.3% |
| Total equity and liabilities | 10/49 | €11,017 | €17,662 | +€6,645 | +60.3% |
| Equity | 10/15 | -€6,986 | €4,900 | +€11,887 | |
| Contributions | 10/11 | €12,364 | €12,364 | = | 0.0% |
| Reserves | 13 | €2,451 | €2,451 | = | 0.0% |
| 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 | €591 | €591 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,801 | -€9,915 | +€11,887 | +54.5% |
| Amounts payable | 17/49 | €18,003 | €12,761 | -€5,242 | -29.1% |
| Amounts payable within one year | 42/48 | €18,003 | €12,761 | -€5,242 | -29.1% |
| Financial debts | 43 | €1,674 | €384 | -€1,290 | -77.1% |
| Credit institutions | 430/8 | €1,674 | €384 | -€1,290 | -77.1% |
| Trade debts | 44 | €3,194 | €8,066 | +€4,872 | +153% |
| Suppliers | 440/4 | €3,194 | €8,066 | +€4,872 | +153% |
| Taxes, remuneration and social security | 45 | €156 | €4,311 | +€4,156 | +2,668% |
| Taxes | 450/3 | €156 | €4,311 | +€4,156 | +2,668% |
| Other amounts payable | 47/48 | €12,979 | €0 | -€12,979 | -100% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,618 | €3,466 | -€151 | -4.2% |
| Other operating charges | 640/8 | €463 | €387 | -€75 | -16.3% |
| Gross operating margin | 9900 | -€44,690 | €16,259 | +€60,949 | |
| Operating profit (loss) | 9901 | -€48,771 | €12,405 | +€61,176 | |
| Financial income | 75/76B | €640 | €1 | -€640 | -99.9% |
| Recurring financial income | 75 | €640 | €1 | -€640 | -99.9% |
| Financial charges | 65/66B | €202 | €284 | +€83 | +41.0% |
| Recurring financial charges | 65 | €202 | €284 | +€83 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | -€48,332 | €12,121 | +€60,453 | |
| Income taxes | 67/77 | €188 | €235 | +€47 | +25.0% |
| Profit (loss) for the period | 9904 | -€48,520 | €11,887 | +€60,406 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,520 | €11,887 | +€60,406 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.