MIRAS: 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.
MIRAS
Largest movements
- Receivables within one year -€10,577
down €10,577 (-24.1%), from €43,818 to €33,241
of which Trade receivables: -€13,899
- Cash +€10,473
up €10,473 (+3565.9%), from €294 to €10,767
mainly Current portion of long-term debt (+€12,170) and Receivables within one year (+€10,577)
- Stocks and contracts -€7,097
no longer reported in 2024 (was €7,097)
- Tangible fixed assets -€1,132
no longer reported in 2024 (was €1,132)
- Debts after one year -€24,952
down €24,952 (-57.9%), from €43,125 to €18,173
- Current portion of long-term debt +€12,170
up €12,170 (+4531.6%), from €269 to €12,438
- Profit (loss) carried forward +€7,023
up €7,023 (+850.5%), from €826 to €7,849
- Contributions -€4,000
no longer reported in 2024 (was €4,000)
- Tax, wage and social debts +€1,542
up €1,542 (+45.4%), from €3,400 to €4,942
of which Taxes: +€3,312
- Turnover -€134,410
no longer reported in 2024 (was €134,410)
- Purchases and services -€104,770
no longer reported in 2024 (was €104,770)
- Gross operating margin -€28,195
down €28,195 (-70.7%), from €39,870 to €11,675
- Other operating charges -€20,738
down €20,738 (-93.5%), from €22,179 to €1,440
- Depreciation -€2,887
no longer reported in 2024 (was €2,887)
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,288 | €78,019 | -€8,268 | -9.6% |
| Fixed assets | 21/28 | €2,122 | €990 | -€1,132 | -53.4% |
| Tangible fixed assets | 22/27 | €1,132 | - | -€1,132 | |
| Plant, machinery and equipment | 23 | €1,132 | - | -€1,132 | |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €84,166 | €77,029 | -€7,136 | -8.5% |
| Amounts receivable after more than one year | 29 | €32,957 | €32,957 | = | 0.0% |
| Other amounts receivable | 291 | €32,957 | €32,957 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,097 | - | -€7,097 | |
| Stocks | 30/36 | €7,097 | - | -€7,097 | |
| Amounts receivable within one year | 40/41 | €43,818 | €33,241 | -€10,577 | -24.1% |
| Trade receivables | 40 | €40,553 | €26,653 | -€13,899 | -34.3% |
| Other amounts receivable | 41 | €3,265 | €6,588 | +€3,322 | +101.8% |
| Cash at bank and in hand | 54/58 | €294 | €10,767 | +€10,473 | +3565.9% |
| Deferred charges and accrued income | 490/1 | - | €65 | +€65 | |
| Total equity and liabilities | 10/49 | €86,288 | €78,019 | -€8,268 | -9.6% |
| Equity | 10/15 | €38,563 | €41,586 | +€3,023 | +7.8% |
| Contributions | 10/11 | €4,000 | - | -€4,000 | |
| Reserves | 13 | €33,737 | €33,737 | = | 0.0% |
| Distributable reserves | 133 | €33,737 | €33,737 | = | 0.0% |
| Profit (loss) carried forward | 14 | €826 | €7,849 | +€7,023 | +850.5% |
| Amounts payable | 17/49 | €47,725 | €36,434 | -€11,292 | -23.7% |
| Amounts payable after more than one year | 17 | €43,125 | €18,173 | -€24,952 | -57.9% |
| Financial debts | 170/4 | €43,125 | €18,173 | -€24,952 | -57.9% |
| Amounts payable within one year | 42/48 | €4,601 | €18,261 | +€13,660 | +296.9% |
| Current portion of amounts payable after more than one year | 42 | €269 | €12,438 | +€12,170 | +4531.6% |
| Trade debts | 44 | €932 | €881 | -€52 | -5.5% |
| Suppliers | 440/4 | €932 | €881 | -€52 | -5.5% |
| Taxes, remuneration and social security | 45 | €3,400 | €4,942 | +€1,542 | +45.4% |
| Taxes | 450/3 | €1,629 | €4,942 | +€3,312 | +203.3% |
| Remuneration and social security | 454/9 | €1,770 | - | -€1,770 | |
| Turnover | 70 | €134,410 | - | -€134,410 | |
| Non-recurring operating income | 76A | €6,000 | - | -€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €104,770 | - | -€104,770 | |
| Remuneration, social security and pensions | 62 | €187 | - | -€187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,887 | - | -€2,887 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,132 | +€1,132 | |
| Other operating charges | 640/8 | €22,179 | €1,440 | -€20,738 | -93.5% |
| Gross operating margin | 9900 | €39,870 | €11,675 | -€28,195 | -70.7% |
| Operating profit (loss) | 9901 | €14,617 | €9,102 | -€5,515 | -37.7% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €2,320 | €164 | -€2,156 | -92.9% |
| Recurring financial charges | 65 | €2,320 | €164 | -€2,156 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €12,310 | €8,938 | -€3,372 | -27.4% |
| Income taxes | 67/77 | €1,400 | €1,915 | +€515 | +36.8% |
| Profit (loss) for the period | 9904 | €10,910 | €7,023 | -€3,887 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,910 | €7,023 | -€3,887 | -35.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.