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MIRACLE BUILDING: 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.

What changed

MIRACLE BUILDING

BE 0770.481.490
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€11,012
2024 · €53,456-€42,445
Equity
€113,783
2024 · €102,772+€11,012
Cash
€6,540
2024 · €1,056+€5,484
Balance sheet total
€539,715
2024 · €615,613-€75,897

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€546,177

    no longer reported in 2025 (was €546,177)

  • Tangible fixed assets +€532,490

    new in 2025: €532,490

  • Receivables within one year -€67,694

    down €67,694 (-99.0%), from €68,380 to €686

    of which Trade receivables: -€68,200

Equity and liabilities
  • Other debts -€44,449

    down €44,449 (-35.8%), from €124,041 to €79,593

  • Debts after one year -€24,617

    down €24,617 (-7.7%), from €320,509 to €295,893

    of which Financial debts: -€18,617

  • Trade debts -€12,086

    down €12,086 (-75.3%), from €16,045 to €3,959

  • Reserves +€11,012

    up €11,012 (+11.0%), from €99,772 to €110,783

Income statement
  • Gross operating margin -€30,578

    down €30,578 (-37.3%), from €81,877 to €51,299

  • Depreciation +€16,640

    new in 2025: €16,640

  • Taxes -€10,452

    down €10,452 (-77.8%), from €13,442 to €2,989

  • Other operating charges +€4,672

    up €4,672 (+1506.9%), from €310 to €4,982

  • Financial charges +€1,007

    up €1,007 (+6.9%), from €14,669 to €15,676

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €53,456
Gross operating margin -€30,578
Depreciation -€16,640
Other operating charges -€4,672
Financial charges -€1,007
Taxes +€10,452
Result 2025 €11,012

Cash bridge derived

cash 2024 to 2025

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.

From operations +€579,137
Investment -€549,130
Financing -€24,523
Cash 2024 €1,056
Net result for the year +€11,012
Depreciation +€16,640
Stocks and contracts +€546,177
Receivables within one year +€67,694
Trade debts -€12,086
Tax, wage and social debts -€5,852
Other debts -€44,449
Investment in fixed assets (net) -€549,130
Debts after one year -€24,617
Current portion of long-term debt +€94
Cash 2025 €6,540
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €615,613 €539,715 -€75,897 -12.3%
Fixed assets 21/28 - €532,490 +€532,490
Tangible fixed assets 22/27 - €532,490 +€532,490
Land and buildings 22 - €532,490 +€532,490
Current assets 29/58 €615,613 €7,225 -€608,387 -98.8%
Stocks and contracts in progress 3 €546,177 - -€546,177
Stocks 30/36 €546,177 - -€546,177
Amounts receivable within one year 40/41 €68,380 €686 -€67,694 -99.0%
Trade receivables 40 €68,200 - -€68,200
Other amounts receivable 41 €180 €686 +€506 +281.8%
Cash at bank and in hand 54/58 €1,056 €6,540 +€5,484 +519.5%
Total equity and liabilities 10/49 €615,613 €539,715 -€75,897 -12.3%
Equity 10/15 €102,772 €113,783 +€11,012 +10.7%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €99,772 €110,783 +€11,012 +11.0%
Distributable reserves 133 €99,772 €110,783 +€11,012 +11.0%
Amounts payable 17/49 €512,841 €425,932 -€86,909 -16.9%
Amounts payable after more than one year 17 €320,509 €295,893 -€24,617 -7.7%
Financial debts 170/4 €314,509 €295,893 -€18,617 -5.9%
Other amounts payable 178/9 €6,000 - -€6,000
Amounts payable within one year 42/48 €192,332 €130,039 -€62,292 -32.4%
Current portion of amounts payable after more than one year 42 €18,523 €18,617 +€94 +0.5%
Trade debts 44 €16,045 €3,959 -€12,086 -75.3%
Suppliers 440/4 €16,045 €3,959 -€12,086 -75.3%
Taxes, remuneration and social security 45 €33,722 €27,871 -€5,852 -17.4%
Taxes 450/3 €25,183 €27,871 +€2,688 +10.7%
Remuneration and social security 454/9 €8,540 - -€8,540
Other amounts payable 47/48 €124,041 €79,593 -€44,449 -35.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €16,640 +€16,640
Other operating charges 640/8 €310 €4,982 +€4,672 +1506.9%
Gross operating margin 9900 €81,877 €51,299 -€30,578 -37.3%
Operating profit (loss) 9901 €81,567 €29,677 -€51,890 -63.6%
Financial charges 65/66B €14,669 €15,676 +€1,007 +6.9%
Recurring financial charges 65 €14,669 €15,676 +€1,007 +6.9%
Profit (loss) for the period before taxes 9903 €66,898 €14,001 -€52,897 -79.1%
Income taxes 67/77 €13,442 €2,989 -€10,452 -77.8%
Profit (loss) for the period 9904 €53,456 €11,012 -€42,445 -79.4%
Profit (loss) for the period to be appropriated 9905 €53,456 €11,012 -€42,445 -79.4%

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 11 October 2026 via checked.be.