MIRCOPA: 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.
MIRCOPA
Largest movements
- Receivables within one year +€104,078
up €104,078 (+153%), from €67,972 to €172,050
of which Trade receivables: +€71,678
- Deferred charges and accrued income -€12,646
down €12,646 (-8.8%), from €143,197 to €130,551
- Advances received +€77,001
up €77,001 (+731%), from €10,530 to €87,531
- Reserves +€38,000
up €38,000 (+100%), from €38,000 to €76,000
- Debts after one year -€34,832
down €34,832 (-6.6%), from €529,673 to €494,841
- Tax, wage and social debts +€17,406
up €17,406 (+139%), from €12,563 to €29,969
- Turnover +€149,080
new in 2024: €149,080
- Purchases and services +€53,964
new in 2024: €53,964
- Depreciation -€17,141
down €17,141 (-55.4%), from €30,962 to €13,820
- Gross operating margin +€15,166
up €15,166 (+19.0%), from €79,951 to €95,116
- Taxes +€12,833
up €12,833 (+138%), from €9,318 to €22,151
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.
Derived cash bridge
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 | €660,024 | €760,559 | +€100,535 | +15.2% |
| Fixed assets | 21/28 | €447,405 | €453,894 | +€6,489 | +1.5% |
| Tangible fixed assets | 22/27 | €447,405 | €453,894 | +€6,489 | +1.5% |
| Land and buildings | 22 | €447,405 | €451,878 | +€4,474 | +1.0% |
| Furniture and vehicles | 24 | - | €2,015 | +€2,015 | |
| Current assets | 29/58 | €212,619 | €306,666 | +€94,046 | +44.2% |
| Amounts receivable within one year | 40/41 | €67,972 | €172,050 | +€104,078 | +153% |
| Trade receivables | 40 | €10,485 | €82,163 | +€71,678 | +684% |
| Other amounts receivable | 41 | €57,487 | €89,887 | +€32,400 | +56.4% |
| Cash at bank and in hand | 54/58 | €1,450 | €4,064 | +€2,614 | +180% |
| Deferred charges and accrued income | 490/1 | €143,197 | €130,551 | -€12,646 | -8.8% |
| Total equity and liabilities | 10/49 | €660,024 | €760,559 | +€100,535 | +15.2% |
| Equity | 10/15 | €53,242 | €91,945 | +€38,703 | +72.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €38,000 | €76,000 | +€38,000 | +100% |
| Distributable reserves | 133 | €38,000 | €76,000 | +€38,000 | +100% |
| Profit (loss) carried forward | 14 | €982 | €1,685 | +€703 | +71.6% |
| Amounts payable | 17/49 | €606,782 | €668,614 | +€61,832 | +10.2% |
| Amounts payable after more than one year | 17 | €529,673 | €494,841 | -€34,832 | -6.6% |
| Financial debts | 170/4 | €529,673 | €494,841 | -€34,832 | -6.6% |
| Amounts payable within one year | 42/48 | €74,859 | €173,719 | +€98,861 | +132% |
| Current portion of amounts payable after more than one year | 42 | €36,530 | €37,231 | +€702 | +1.9% |
| Trade debts | 44 | €11,036 | €8,305 | -€2,731 | -24.7% |
| Suppliers | 440/4 | €11,036 | €8,305 | -€2,731 | -24.7% |
| Advances received on contracts in progress | 46 | €10,530 | €87,531 | +€77,001 | +731% |
| Taxes, remuneration and social security | 45 | €12,563 | €29,969 | +€17,406 | +139% |
| Taxes | 450/3 | €12,563 | €29,969 | +€17,406 | +139% |
| Other amounts payable | 47/48 | €4,199 | €10,683 | +€6,484 | +154% |
| Accrued charges and deferred income | 492/3 | €2,250 | €54 | -€2,196 | -97.6% |
| Turnover | 70 | - | €149,080 | +€149,080 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €53,964 | +€53,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,962 | €13,820 | -€17,141 | -55.4% |
| Other operating charges | 640/8 | €4,486 | €5,204 | +€718 | +16.0% |
| Gross operating margin | 9900 | €79,951 | €95,116 | +€15,166 | +19.0% |
| Operating profit (loss) | 9901 | €44,502 | €76,092 | +€31,589 | +71.0% |
| Financial income | 75/76B | €505 | €54 | -€450 | -89.2% |
| Recurring financial income | 75 | €505 | €54 | -€450 | -89.2% |
| Financial charges | 65/66B | €9,235 | €15,292 | +€6,058 | +65.6% |
| Recurring financial charges | 65 | €9,235 | €15,292 | +€6,058 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €35,772 | €60,854 | +€25,081 | +70.1% |
| Income taxes | 67/77 | €9,318 | €22,151 | +€12,833 | +138% |
| Profit (loss) for the period | 9904 | €26,454 | €38,703 | +€12,248 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,454 | €38,703 | +€12,248 | +46.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.