Miradeux: 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.
Miradeux
Largest movements
- Cash +€16,581
up €16,581 (+73.7%), from €22,488 to €39,069
mainly Net result for the year (+€10,739) and Other debts (+€7,922)
- Receivables within one year +€4,332
up €4,332 (+50.0%), from €8,659 to €12,991
of which Trade receivables: +€7,053
- Current investments +€4,000
up €4,000 (+68.3%), from €5,854 to €9,854
- Tangible fixed assets -€3,565
down €3,565 (-70.5%), from €5,055 to €1,489
- Profit (loss) carried forward +€10,739
up €10,739 (+79.2%), from €13,556 to €24,295
- Other debts +€7,922
up €7,922, from €0 to €7,922
- Trade debts +€2,605
up €2,605 (+145.2%), from €1,794 to €4,399
- Short-term financial debts +€967
up €967 (+3339.2%), from €29 to €996
of which Other loans: +€996
- Tax, wage and social debts -€885
down €885 (-14.2%), from €6,217 to €5,331
- Gross operating margin -€4,831
down €4,831 (-22.1%), from €21,880 to €17,049
- Taxes -€1,873
down €1,873 (-34.5%), from €5,428 to €3,555
- Depreciation -€646
down €646 (-25.0%), from €2,581 to €1,935
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.
Cash bridge derived
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 | €42,055 | €63,404 | +€21,349 | +50.8% |
| Fixed assets | 21/28 | €5,055 | €1,489 | -€3,565 | -70.5% |
| Tangible fixed assets | 22/27 | €5,055 | €1,489 | -€3,565 | -70.5% |
| Furniture and vehicles | 24 | €5,055 | €1,489 | -€3,565 | -70.5% |
| Current assets | 29/58 | €37,001 | €61,914 | +€24,914 | +67.3% |
| Amounts receivable within one year | 40/41 | €8,659 | €12,991 | +€4,332 | +50.0% |
| Trade receivables | 40 | €0 | €7,053 | +€7,053 | |
| Other amounts receivable | 41 | €8,659 | €5,939 | -€2,720 | -31.4% |
| Current investments | 50/53 | €5,854 | €9,854 | +€4,000 | +68.3% |
| Cash at bank and in hand | 54/58 | €22,488 | €39,069 | +€16,581 | +73.7% |
| Total equity and liabilities | 10/49 | €42,055 | €63,404 | +€21,349 | +50.8% |
| Equity | 10/15 | €34,016 | €44,755 | +€10,739 | +31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,556 | €24,295 | +€10,739 | +79.2% |
| Amounts payable | 17/49 | €8,040 | €18,649 | +€10,610 | +132.0% |
| Amounts payable within one year | 42/48 | €8,040 | €18,649 | +€10,610 | +132.0% |
| Financial debts | 43 | €29 | €996 | +€967 | +3339.2% |
| Credit institutions | 430/8 | €29 | €0 | -€29 | -100.0% |
| Other loans | 439 | - | €996 | +€996 | |
| Trade debts | 44 | €1,794 | €4,399 | +€2,605 | +145.2% |
| Suppliers | 440/4 | €1,794 | €4,399 | +€2,605 | +145.2% |
| Taxes, remuneration and social security | 45 | €6,217 | €5,331 | -€885 | -14.2% |
| Taxes | 450/3 | €6,217 | €5,331 | -€885 | -14.2% |
| Other amounts payable | 47/48 | €0 | €7,922 | +€7,922 | |
| Non-recurring operating income | 76A | - | €1,262 | +€1,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,581 | €1,935 | -€646 | -25.0% |
| Other operating charges | 640/8 | €519 | €517 | -€1 | -0.3% |
| Gross operating margin | 9900 | €21,880 | €17,049 | -€4,831 | -22.1% |
| Operating profit (loss) | 9901 | €18,780 | €14,596 | -€4,184 | -22.3% |
| Financial income | 75/76B | €267 | €405 | +€138 | +51.5% |
| Recurring financial income | 75 | €267 | €405 | +€138 | +51.5% |
| Financial charges | 65/66B | €557 | €707 | +€150 | +27.0% |
| Recurring financial charges | 65 | €557 | €707 | +€150 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €18,490 | €14,294 | -€4,197 | -22.7% |
| Income taxes | 67/77 | €5,428 | €3,555 | -€1,873 | -34.5% |
| Profit (loss) for the period | 9904 | €13,062 | €10,739 | -€2,323 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,062 | €10,739 | -€2,323 | -17.8% |
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 9 October 2026 via checked.be.