Miramar: 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.
Miramar
Largest movements
- Cash +€154,290
up €154,290 (+392.3%), from €39,334 to €193,624
- Receivables after one year +€12,750
up €12,750 (+37.6%), from €33,900 to €46,650
- Tangible fixed assets -€10,081
down €10,081 (-13.8%), from €73,043 to €62,963
of which Plant, machinery and equipment: -€6,818
- Trade debts +€95,553
up €95,553 (+104.9%), from €91,056 to €186,609
- Tax, wage and social debts +€58,264
up €58,264 (+574.9%), from €10,134 to €68,397
of which Remuneration and social security: +€60,957
- Profit (loss) carried forward +€7,525
up €7,525 (+19.6%), from €38,401 to €45,925
- Current portion of long-term debt -€6,000
down €6,000 (-60.0%), from €10,000 to €4,000
- Accrued charges and deferred income +€4,561
up €4,561 (+1904.7%), from €239 to €4,800
- Staff costs +€85,329
up €85,329 (+52.3%), from €163,124 to €248,453
- Gross operating margin +€76,378
up €76,378 (+39.4%), from €193,812 to €270,190
- Depreciation +€10,325
up €10,325 (+72.9%), from €14,162 to €24,487
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,890 | €317,792 | +€159,902 | +101.3% |
| Fixed assets | 21/28 | €79,693 | €69,613 | -€10,081 | -12.6% |
| Tangible fixed assets | 22/27 | €73,043 | €62,963 | -€10,081 | -13.8% |
| Land and buildings | 22 | €15,177 | €18,175 | +€2,998 | +19.8% |
| Plant, machinery and equipment | 23 | €26,493 | €19,675 | -€6,818 | -25.7% |
| Furniture and vehicles | 24 | €31,373 | €25,112 | -€6,261 | -20.0% |
| Financial fixed assets | 28 | €6,650 | €6,650 | = | 0.0% |
| Current assets | 29/58 | €78,197 | €248,180 | +€169,983 | +217.4% |
| Amounts receivable after more than one year | 29 | €33,900 | €46,650 | +€12,750 | +37.6% |
| Trade receivables | 290 | €33,900 | €46,650 | +€12,750 | +37.6% |
| Amounts receivable within one year | 40/41 | €4,963 | €7,906 | +€2,943 | +59.3% |
| Trade receivables | 40 | €1,200 | €1,940 | +€740 | +61.7% |
| Other amounts receivable | 41 | €3,763 | €5,965 | +€2,202 | +58.5% |
| Cash at bank and in hand | 54/58 | €39,334 | €193,624 | +€154,290 | +392.3% |
| Total equity and liabilities | 10/49 | €157,890 | €317,792 | +€159,902 | +101.3% |
| Equity | 10/15 | €46,461 | €53,985 | +€7,525 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,401 | €45,925 | +€7,525 | +19.6% |
| Amounts payable | 17/49 | €111,429 | €263,807 | +€152,377 | +136.7% |
| Amounts payable within one year | 42/48 | €111,190 | €259,007 | +€147,817 | +132.9% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €4,000 | -€6,000 | -60.0% |
| Trade debts | 44 | €91,056 | €186,609 | +€95,553 | +104.9% |
| Suppliers | 440/4 | €91,056 | €186,609 | +€95,553 | +104.9% |
| Taxes, remuneration and social security | 45 | €10,134 | €68,397 | +€58,264 | +574.9% |
| Taxes | 450/3 | €9,264 | €6,571 | -€2,693 | -29.1% |
| Remuneration and social security | 454/9 | €870 | €61,827 | +€60,957 | +7008.7% |
| Accrued charges and deferred income | 492/3 | €239 | €4,800 | +€4,561 | +1904.7% |
| Remuneration, social security and pensions | 62 | €163,124 | €248,453 | +€85,329 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,162 | €24,487 | +€10,325 | +72.9% |
| Other operating charges | 640/8 | €1,953 | €2,995 | +€1,042 | +53.3% |
| Gross operating margin | 9900 | €193,812 | €270,190 | +€76,378 | +39.4% |
| Operating profit (loss) | 9901 | €14,573 | -€5,745 | -€20,318 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200.0% |
| Financial charges | 65/66B | €6,006 | €7,956 | +€1,950 | +32.5% |
| Recurring financial charges | 65 | €6,006 | €7,956 | +€1,950 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €8,567 | -€13,700 | -€22,268 | |
| Income taxes | 67/77 | €2,712 | €59 | -€2,652 | -97.8% |
| Profit (loss) for the period | 9904 | €5,856 | -€13,760 | -€19,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,856 | -€13,760 | -€19,615 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.