MIRAKON: 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.
MIRAKON
Largest movements
- Receivables within one year +€36,405
up €36,405 (+10.8%), from €337,033 to €373,439
of which Other amounts receivable: +€112,933
- Intangible fixed assets -€35,143
down €35,143 (-18.8%), from €186,847 to €151,704
- Tangible fixed assets -€14,766
down €14,766 (-27.0%), from €54,782 to €40,016
of which Plant, machinery and equipment: -€10,491
- Profit (loss) carried forward -€8,067
down €8,067 (-15.0%), from €53,945 to €45,879
- Trade debts -€6,527
down €6,527 (-1.5%), from €423,283 to €416,757
- Gross operating margin -€26,659
down €26,659 (-5.0%), from €531,861 to €505,202
- Staff costs -€13,369
down €13,369 (-2.8%), from €477,994 to €464,626
- Financial income -€6,470
down €6,470 (-71.4%), from €9,065 to €2,595
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,470 | €609,076 | -€13,394 | -2.2% |
| Fixed assets | 21/28 | €241,629 | €191,720 | -€49,909 | -20.7% |
| Intangible fixed assets | 21 | €186,847 | €151,704 | -€35,143 | -18.8% |
| Tangible fixed assets | 22/27 | €54,782 | €40,016 | -€14,766 | -27.0% |
| Plant, machinery and equipment | 23 | €32,345 | €21,854 | -€10,491 | -32.4% |
| Furniture and vehicles | 24 | €309 | €157 | -€152 | -49.3% |
| Other tangible fixed assets | 26 | €22,128 | €18,005 | -€4,123 | -18.6% |
| Current assets | 29/58 | €380,841 | €417,357 | +€36,515 | +9.6% |
| Stocks and contracts in progress | 3 | €43,808 | €43,918 | +€110 | +0.3% |
| Stocks | 30/36 | €43,808 | €43,918 | +€110 | +0.3% |
| Amounts receivable within one year | 40/41 | €337,033 | €373,439 | +€36,405 | +10.8% |
| Trade receivables | 40 | €194,093 | €117,566 | -€76,527 | -39.4% |
| Other amounts receivable | 41 | €142,940 | €255,873 | +€112,933 | +79.0% |
| Total equity and liabilities | 10/49 | €622,470 | €609,076 | -€13,394 | -2.2% |
| Equity | 10/15 | €70,445 | €62,379 | -€8,067 | -11.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,945 | €45,879 | -€8,067 | -15.0% |
| Amounts payable | 17/49 | €552,024 | €546,698 | -€5,327 | -1.0% |
| Amounts payable within one year | 42/48 | €552,024 | €546,698 | -€5,327 | -1.0% |
| Trade debts | 44 | €423,283 | €416,757 | -€6,527 | -1.5% |
| Suppliers | 440/4 | €423,283 | €416,757 | -€6,527 | -1.5% |
| Taxes, remuneration and social security | 45 | €128,741 | €129,941 | +€1,200 | +0.9% |
| Taxes | 450/3 | €48,081 | €48,762 | +€681 | +1.4% |
| Remuneration and social security | 454/9 | €80,660 | €81,178 | +€519 | +0.6% |
| Remuneration, social security and pensions | 62 | €477,994 | €464,626 | -€13,369 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,420 | €49,123 | +€703 | +1.5% |
| Other operating charges | 640/8 | €648 | €532 | -€115 | -17.8% |
| Gross operating margin | 9900 | €531,861 | €505,202 | -€26,659 | -5.0% |
| Operating profit (loss) | 9901 | €4,800 | -€9,079 | -€13,879 | |
| Financial income | 75/76B | €9,065 | €2,595 | -€6,470 | -71.4% |
| Recurring financial income | 75 | €9,065 | €2,595 | -€6,470 | -71.4% |
| Financial charges | 65/66B | €289 | €341 | +€52 | +18.1% |
| Recurring financial charges | 65 | €289 | €341 | +€52 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €13,576 | -€6,825 | -€20,401 | |
| Income taxes | 67/77 | €6,504 | €1,242 | -€5,263 | -80.9% |
| Profit (loss) for the period | 9904 | €7,072 | -€8,067 | -€15,138 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,072 | -€8,067 | -€15,138 |
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.