Mirante Studio: 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.
Mirante Studio
Largest movements
- Cash -€8,447
down €8,447 (-62.2%), from €13,589 to €5,142
mainly Net result for the year (-€10,311) and Debts after one year (-€5,634)
- Tangible fixed assets -€3,242
down €3,242 (-12.3%), from €26,419 to €23,176
- Receivables within one year -€2,414
down €2,414 (-30.9%), from €7,812 to €5,398
of which Trade receivables: -€2,138
- Financial fixed assets -€500
down €500 (-57.9%), from €863 to €363
- Profit (loss) carried forward -€10,311
down €10,311, from €5,955 to -€4,356
- Debts after one year -€5,634
down €5,634 (-27.7%), from €20,361 to €14,727
- Other debts +€2,629
up €2,629 (+45.4%), from €5,791 to €8,419
- Tax, wage and social debts -€1,421
down €1,421 (-23.8%), from €5,970 to €4,549
- Gross operating margin -€16,153
down €16,153 (-95.9%), from €16,850 to €697
- Depreciation +€3,485
up €3,485 (+77.5%), from €4,495 to €7,980
- Taxes -€3,246
down €3,246 (-93.6%), from €3,467 to €221
- Financial income -€302
no longer reported in 2025 (was €302)
of which Non-recurring financial income: -€300
- Other operating charges +€190
up €190 (+14.8%), from €1,283 to €1,473
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.
Derived cash bridge
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 | €48,892 | €34,096 | -€14,796 | -30.3% |
| Fixed assets | 21/28 | €27,282 | €23,539 | -€3,742 | -13.7% |
| Tangible fixed assets | 22/27 | €26,419 | €23,176 | -€3,242 | -12.3% |
| Furniture and vehicles | 24 | €26,419 | €23,176 | -€3,242 | -12.3% |
| Financial fixed assets | 28 | €863 | €363 | -€500 | -57.9% |
| Current assets | 29/58 | €21,610 | €10,556 | -€11,054 | -51.2% |
| Amounts receivable within one year | 40/41 | €7,812 | €5,398 | -€2,414 | -30.9% |
| Trade receivables | 40 | €7,062 | €4,925 | -€2,138 | -30.3% |
| Other amounts receivable | 41 | €750 | €473 | -€277 | -36.9% |
| Cash at bank and in hand | 54/58 | €13,589 | €5,142 | -€8,447 | -62.2% |
| Deferred charges and accrued income | 490/1 | €209 | €17 | -€192 | -92.1% |
| Total equity and liabilities | 10/49 | €48,892 | €34,096 | -€14,796 | -30.3% |
| Equity | 10/15 | €10,315 | €4 | -€10,311 | -100.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,955 | -€4,356 | -€10,311 | |
| Amounts payable | 17/49 | €38,577 | €34,091 | -€4,485 | -11.6% |
| Amounts payable after more than one year | 17 | €20,361 | €14,727 | -€5,634 | -27.7% |
| Financial debts | 170/4 | €20,361 | €14,727 | -€5,634 | -27.7% |
| Amounts payable within one year | 42/48 | €18,216 | €19,364 | +€1,148 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €5,373 | €5,634 | +€261 | +4.9% |
| Trade debts | 44 | €1,082 | €762 | -€320 | -29.6% |
| Suppliers | 440/4 | €1,082 | €762 | -€320 | -29.6% |
| Taxes, remuneration and social security | 45 | €5,970 | €4,549 | -€1,421 | -23.8% |
| Taxes | 450/3 | €5,970 | €4,549 | -€1,421 | -23.8% |
| Other amounts payable | 47/48 | €5,791 | €8,419 | +€2,629 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,495 | €7,980 | +€3,485 | +77.5% |
| Other operating charges | 640/8 | €1,283 | €1,473 | +€190 | +14.8% |
| Gross operating margin | 9900 | €16,850 | €697 | -€16,153 | -95.9% |
| Operating profit (loss) | 9901 | €11,072 | -€8,755 | -€19,828 | |
| Financial income | 75/76B | €302 | - | -€302 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Non-recurring financial income | 76B | €300 | - | -€300 | |
| Financial charges | 65/66B | €1,288 | €1,334 | +€46 | +3.6% |
| Recurring financial charges | 65 | €1,288 | €1,334 | +€46 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €10,086 | -€10,089 | -€20,176 | |
| Income taxes | 67/77 | €3,467 | €221 | -€3,246 | -93.6% |
| Profit (loss) for the period | 9904 | €6,619 | -€10,311 | -€16,929 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,619 | -€10,311 | -€16,929 |
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 24 October 2026 via checked.be.