MIRAS: 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.
MIRAS
Largest movements
- Receivables within one year +€11,551
up €11,551 (+30.8%), from €37,546 to €49,097
- Cash +€1,110
up €1,110 (+255.5%), from €434 to €1,544
mainly Trade debts (+€10,595) and Depreciation (+€3,459)
- Trade debts +€10,595
up €10,595 (+295.2%), from €3,589 to €14,184
- Profit (loss) carried forward +€1,944
up €1,944 (+3.5%), from €55,418 to €57,362
- Gross operating margin -€4,176
down €4,176 (-21.9%), from €19,072 to €14,896
- Taxes -€2,042
down €2,042 (-78.9%), from €2,589 to €547
- Financial income +€788
up €788 (+134.7%), from €585 to €1,372
- Other operating charges -€579
down €579 (-14.6%), from €3,979 to €3,400
- Financial charges +€476
up €476 (+21.6%), from €2,203 to €2,679
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 | €84,121 | €97,174 | +€13,053 | +15.5% |
| Fixed assets | 21/28 | €45,128 | €45,472 | +€343 | +0.8% |
| Tangible fixed assets | 22/27 | €43,208 | €43,552 | +€343 | +0.8% |
| Land and buildings | 22 | €43,208 | €43,552 | +€343 | +0.8% |
| Financial fixed assets | 28 | €1,920 | €1,920 | = | 0.0% |
| Current assets | 29/58 | €38,992 | €51,702 | +€12,710 | +32.6% |
| Amounts receivable within one year | 40/41 | €37,546 | €49,097 | +€11,551 | +30.8% |
| Other amounts receivable | 41 | €37,546 | €49,097 | +€11,551 | +30.8% |
| Cash at bank and in hand | 54/58 | €434 | €1,544 | +€1,110 | +255.5% |
| Deferred charges and accrued income | 490/1 | €1,012 | €1,061 | +€49 | +4.9% |
| Total equity and liabilities | 10/49 | €84,121 | €97,174 | +€13,053 | +15.5% |
| Equity | 10/15 | €78,518 | €80,462 | +€1,944 | +2.5% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,418 | €57,362 | +€1,944 | +3.5% |
| Amounts payable | 17/49 | €5,602 | €16,711 | +€11,109 | +198.3% |
| Amounts payable within one year | 42/48 | €5,602 | €16,711 | +€11,109 | +198.3% |
| Current portion of amounts payable after more than one year | 42 | €1,875 | €1,875 | = | 0.0% |
| Financial debts | 43 | €50 | €653 | +€603 | +1209.7% |
| Credit institutions | 430/8 | €50 | €653 | +€603 | +1209.7% |
| Trade debts | 44 | €3,589 | €14,184 | +€10,595 | +295.2% |
| Suppliers | 440/4 | €3,589 | €14,184 | +€10,595 | +295.2% |
| Taxes, remuneration and social security | 45 | €89 | €0 | -€89 | -100.0% |
| Taxes | 450/3 | €89 | €0 | -€89 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,212 | €3,459 | +€248 | +7.7% |
| Other operating charges | 640/8 | €3,979 | €3,400 | -€579 | -14.6% |
| Non-recurring operating charges | 66A | - | €4,240 | +€4,240 | |
| Gross operating margin | 9900 | €19,072 | €14,896 | -€4,176 | -21.9% |
| Operating profit (loss) | 9901 | €11,881 | €3,797 | -€8,084 | -68.0% |
| Financial income | 75/76B | €585 | €1,372 | +€788 | +134.7% |
| Recurring financial income | 75 | €585 | €1,372 | +€788 | +134.7% |
| Financial charges | 65/66B | €2,203 | €2,679 | +€476 | +21.6% |
| Recurring financial charges | 65 | €2,203 | €2,679 | +€476 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €10,263 | €2,491 | -€7,772 | -75.7% |
| Income taxes | 67/77 | €2,589 | €547 | -€2,042 | -78.9% |
| Profit (loss) for the period | 9904 | €7,674 | €1,944 | -€5,730 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,674 | €1,944 | -€5,730 | -74.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.