MIRANDA DIERICKX: 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.
MIRANDA DIERICKX
Largest movements
- Cash +€38,460
up €38,460 (+34.1%), from €112,728 to €151,188
mainly Net result for the year (+€46,913) and Trade debts (+€9,166)
- Receivables within one year +€10,458
up €10,458 (+115.5%), from €9,058 to €19,516
of which Trade receivables: +€11,408
- Tangible fixed assets +€1,986
up €1,986 (+153.6%), from €1,293 to €3,280
of which Furniture and vehicles: +€1,986
- Reserves +€30,913
up €30,913 (+31.7%), from €97,648 to €128,560
of which Distributable reserves: +€30,913
- Trade debts +€9,166
up €9,166 (+501.7%), from €1,827 to €10,993
- Other debts +€8,000
up €8,000 (+100.0%), from €8,000 to €16,000
- Tax, wage and social debts +€2,826
up €2,826 (+88.2%), from €3,204 to €6,030
- Gross operating margin +€16,436
up €16,436 (+36.1%), from €45,573 to €62,009
- Taxes +€3,622
up €3,622 (+39.4%), from €9,204 to €12,826
- Depreciation -€3,092
down €3,092 (-67.8%), from €4,560 to €1,467
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 | €123,079 | €173,984 | +€50,905 | +41.4% |
| Fixed assets | 21/28 | €1,293 | €3,280 | +€1,986 | +153.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,293 | €3,280 | +€1,986 | +153.6% |
| Furniture and vehicles | 24 | €1,293 | €3,280 | +€1,986 | +153.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €121,786 | €170,704 | +€48,918 | +40.2% |
| Amounts receivable within one year | 40/41 | €9,058 | €19,516 | +€10,458 | +115.5% |
| Trade receivables | 40 | €6,723 | €18,131 | +€11,408 | +169.7% |
| Other amounts receivable | 41 | €2,335 | €1,385 | -€950 | -40.7% |
| Cash at bank and in hand | 54/58 | €112,728 | €151,188 | +€38,460 | +34.1% |
| Total equity and liabilities | 10/49 | €123,079 | €173,984 | +€50,905 | +41.4% |
| Equity | 10/15 | €110,048 | €140,960 | +€30,913 | +28.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €97,648 | €128,560 | +€30,913 | +31.7% |
| 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 | €95,788 | €126,700 | +€30,913 | +32.3% |
| Amounts payable | 17/49 | €13,031 | €33,023 | +€19,992 | +153.4% |
| Amounts payable within one year | 42/48 | €13,031 | €33,023 | +€19,992 | +153.4% |
| Trade debts | 44 | €1,827 | €10,993 | +€9,166 | +501.7% |
| Suppliers | 440/4 | €1,827 | €10,993 | +€9,166 | +501.7% |
| Taxes, remuneration and social security | 45 | €3,204 | €6,030 | +€2,826 | +88.2% |
| Taxes | 450/3 | €3,204 | €6,030 | +€2,826 | +88.2% |
| Other amounts payable | 47/48 | €8,000 | €16,000 | +€8,000 | +100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Non-recurring operating income | 76A | €3,000 | €1,500 | -€1,500 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,560 | €1,467 | -€3,092 | -67.8% |
| Other operating charges | 640/8 | €602 | €663 | +€60 | +10.0% |
| Gross operating margin | 9900 | €45,573 | €62,009 | +€16,436 | +36.1% |
| Operating profit (loss) | 9901 | €40,411 | €59,879 | +€19,467 | +48.2% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €40,271 | €59,739 | +€19,467 | +48.3% |
| Income taxes | 67/77 | €9,204 | €12,826 | +€3,622 | +39.4% |
| Profit (loss) for the period | 9904 | €31,067 | €46,913 | +€15,846 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,067 | €46,913 | +€15,846 | +51.0% |
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.