MIRANTE: what changed
Two fiscal 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.
MIRANTE
Largest movements
- Receivables within one year -€40,042
down €40,042 (-86.7%), from €46,163 to €6,121
of which Trade receivables: -€45,000
- Tangible fixed assets -€10,862
down €10,862 (-25.4%), from €42,806 to €31,944
- Financial fixed assets -€4,698
no longer reported in 2025 (was €4,698)
- Profit (loss) carried forward -€20,787
down €20,787 (-11.4%), from €181,807 to €161,020
- Other debts -€20,090
no longer reported in 2025 (was €20,090)
- Tax, wage and social debts -€14,934
down €14,934 (-33.4%), from €44,689 to €29,756
of which Taxes: -€9,357
- Gross operating margin -€208,303
down €208,303, from €199,229 to -€9,074
- Staff costs -€57,689
down €57,689, from €55,975 to -€1,714
- Taxes -€34,483
down €34,483 (-94.4%), from €36,542 to €2,059
- Depreciation -€7,358
down €7,358 (-40.4%), from €18,220 to €10,862
- Other operating charges -€5,996
down €5,996 (-91.3%), from €6,568 to €572
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 | €386,024 | €330,158 | -€55,866 | -14.5% |
| Fixed assets | 21/28 | €47,504 | €31,944 | -€15,560 | -32.8% |
| Tangible fixed assets | 22/27 | €42,806 | €31,944 | -€10,862 | -25.4% |
| Furniture and vehicles | 24 | €42,806 | €31,944 | -€10,862 | -25.4% |
| Financial fixed assets | 28 | €4,698 | - | -€4,698 | |
| Current assets | 29/58 | €338,520 | €298,214 | -€40,306 | -11.9% |
| Amounts receivable within one year | 40/41 | €46,163 | €6,121 | -€40,042 | -86.7% |
| Trade receivables | 40 | €45,000 | - | -€45,000 | |
| Other amounts receivable | 41 | €1,163 | €6,121 | +€4,958 | +426.3% |
| Cash at bank and in hand | 54/58 | €292,357 | €290,624 | -€1,733 | -0.6% |
| Deferred charges and accrued income | 490/1 | - | €1,469 | +€1,469 | |
| Total equity and liabilities | 10/49 | €386,024 | €330,158 | -€55,866 | -14.5% |
| Equity | 10/15 | €317,258 | €296,471 | -€20,787 | -6.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €116,859 | €116,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,807 | €161,020 | -€20,787 | -11.4% |
| Amounts payable | 17/49 | €68,765 | €33,686 | -€35,079 | -51.0% |
| Amounts payable within one year | 42/48 | €68,765 | €33,686 | -€35,079 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €3,085 | €2,045 | -€1,041 | -33.7% |
| Trade debts | 44 | €900 | €1,886 | +€986 | +109.5% |
| Suppliers | 440/4 | €900 | €1,886 | +€986 | +109.5% |
| Taxes, remuneration and social security | 45 | €44,689 | €29,756 | -€14,934 | -33.4% |
| Taxes | 450/3 | €39,113 | €29,756 | -€9,357 | -23.9% |
| Remuneration and social security | 454/9 | €5,577 | - | -€5,577 | |
| Other amounts payable | 47/48 | €20,090 | - | -€20,090 | |
| Non-recurring operating income | 76A | €2,631 | - | -€2,631 | |
| Remuneration, social security and pensions | 62 | €55,975 | -€1,714 | -€57,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,220 | €10,862 | -€7,358 | -40.4% |
| Other operating charges | 640/8 | €6,568 | €572 | -€5,996 | -91.3% |
| Non-recurring operating charges | 66A | - | €464 | +€464 | |
| Gross operating margin | 9900 | €199,229 | -€9,074 | -€208,303 | |
| Operating profit (loss) | 9901 | €118,466 | -€19,259 | -€137,725 | |
| Financial income | 75/76B | €84 | €903 | +€820 | +980.1% |
| Recurring financial income | 75 | €84 | €903 | +€820 | +980.1% |
| Financial charges | 65/66B | €1,503 | €372 | -€1,131 | -75.3% |
| Recurring financial charges | 65 | €1,503 | €372 | -€1,131 | -75.3% |
| Non-recurring financial charges | 66B | -€0 | - | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €117,046 | -€18,728 | -€135,774 | |
| Income taxes | 67/77 | €36,542 | €2,059 | -€34,483 | -94.4% |
| Profit (loss) for the period | 9904 | €80,504 | -€20,787 | -€101,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,504 | -€20,787 | -€101,291 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.