MIRBUD: 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.
MIRBUD
Largest movements
- Receivables after one year +€15,000
new in 2025: €15,000
- Cash +€12,225
up €12,225 (+245.5%), from €4,979 to €17,204
mainly Net result for the year (+€28,714) and Other debts (+€15,630)
- Tangible fixed assets -€8,312
down €8,312 (-50.3%), from €16,530 to €8,219
of which Furniture and vehicles: -€6,115
- Receivables within one year +€3,013
up €3,013 (+14.4%), from €20,959 to €23,972
of which Other amounts receivable: +€10,045
- Trade debts -€17,432
down €17,432 (-98.5%), from €17,690 to €259
- Other debts +€15,630
up €15,630 (+4223.4%), from €370 to €16,000
- Tax, wage and social debts +€11,014
up €11,014 (+577.9%), from €1,906 to €12,920
of which Taxes: +€8,414
- Reserves +€10,000
up €10,000 (+537.6%), from €1,860 to €11,860
of which Distributable reserves: +€10,000
- Profit (loss) carried forward +€2,714
up €2,714 (+132.9%), from €2,042 to €4,757
- Turnover +€54,371
up €54,371 (+29.8%), from €182,176 to €236,547
- Gross operating margin +€39,920
up €39,920 (+338.4%), from €11,798 to €51,718
- Purchases and services +€15,250
up €15,250 (+8.6%), from €176,861 to €192,111
- Taxes +€9,176
up €9,176 (+620.3%), from €1,479 to €10,656
- Other operating charges +€4,538
up €4,538 (+234.1%), from €1,939 to €6,476
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 | €42,469 | €64,395 | +€21,926 | +51.6% |
| Fixed assets | 21/28 | €16,530 | €8,219 | -€8,312 | -50.3% |
| Tangible fixed assets | 22/27 | €16,530 | €8,219 | -€8,312 | -50.3% |
| Plant, machinery and equipment | 23 | €2,199 | €2 | -€2,197 | -99.9% |
| Furniture and vehicles | 24 | €14,331 | €8,216 | -€6,115 | -42.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €25,938 | €56,177 | +€30,238 | +116.6% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €20,959 | €23,972 | +€3,013 | +14.4% |
| Trade receivables | 40 | €8,089 | €1,058 | -€7,032 | -86.9% |
| Other amounts receivable | 41 | €12,870 | €22,915 | +€10,045 | +78.1% |
| Cash at bank and in hand | 54/58 | €4,979 | €17,204 | +€12,225 | +245.5% |
| Total equity and liabilities | 10/49 | €42,469 | €64,395 | +€21,926 | +51.6% |
| Equity | 10/15 | €22,502 | €35,217 | +€12,714 | +56.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €11,860 | +€10,000 | +537.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €2,042 | €4,757 | +€2,714 | +132.9% |
| Amounts payable | 17/49 | €19,966 | €29,178 | +€9,212 | +46.1% |
| Amounts payable within one year | 42/48 | €19,966 | €29,178 | +€9,212 | +46.1% |
| Trade debts | 44 | €17,690 | €259 | -€17,432 | -98.5% |
| Suppliers | 440/4 | €17,690 | €259 | -€17,432 | -98.5% |
| Taxes, remuneration and social security | 45 | €1,906 | €12,920 | +€11,014 | +577.9% |
| Taxes | 450/3 | €1,906 | €10,320 | +€8,414 | +441.5% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €370 | €16,000 | +€15,630 | +4223.4% |
| Turnover | 70 | €182,176 | €236,547 | +€54,371 | +29.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €176,861 | €192,111 | +€15,250 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,730 | €5,483 | -€247 | -4.3% |
| Other operating charges | 640/8 | €1,939 | €6,476 | +€4,538 | +234.1% |
| Gross operating margin | 9900 | €11,798 | €51,718 | +€39,920 | +338.4% |
| Operating profit (loss) | 9901 | €4,129 | €39,759 | +€35,629 | +862.8% |
| Financial income | 75/76B | €0 | €9 | +€9 | +28933.3% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +28933.3% |
| Financial charges | 65/66B | €350 | €397 | +€48 | +13.6% |
| Recurring financial charges | 65 | €350 | €397 | +€48 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €3,780 | €39,370 | +€35,590 | +941.6% |
| Income taxes | 67/77 | €1,479 | €10,656 | +€9,176 | +620.3% |
| Profit (loss) for the period | 9904 | €2,301 | €28,714 | +€26,414 | +1148.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,301 | €28,714 | +€26,414 | +1148.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.