MIRE & CIBLE: 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.
MIRE & CIBLE
Largest movements
- Cash +€3,335
new in 2025: €3,335
mainly Other debts (+€7,009) and Trade debts (+€2,300)
- Receivables within one year +€1,673
up €1,673 (+83.0%), from €2,017 to €3,690
of which Trade receivables: +€2,828
- Tangible fixed assets -€1,592
down €1,592 (-30.6%), from €5,205 to €3,613
of which Other tangible fixed assets: -€1,040
- Other debts +€7,009
up €7,009 (+779%), from €899 to €7,909
- Profit (loss) carried forward -€3,722
down €3,722 (-20.1%), from -€18,476 to -€22,198
- Trade debts +€2,300
up €2,300, from €0 to €2,300
- Tax, wage and social debts -€1,983
no longer reported in 2025 (was €1,983)
of which Remuneration and social security: -€1,983
- Short-term financial debts -€237
no longer reported in 2025 (was €237)
- Gross operating margin +€9,548
up €9,548 (+84.2%), from -€11,334 to -€1,786
- Depreciation -€158
down €158 (-9.0%), from €1,750 to €1,592
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 | €7,270 | €10,638 | +€3,368 | +46.3% |
| Fixed assets | 21/28 | €5,205 | €3,613 | -€1,592 | -30.6% |
| Tangible fixed assets | 22/27 | €5,205 | €3,613 | -€1,592 | -30.6% |
| Furniture and vehicles | 24 | €1,046 | €494 | -€552 | -52.8% |
| Other tangible fixed assets | 26 | €4,158 | €3,119 | -€1,040 | -25.0% |
| Current assets | 29/58 | €2,066 | €7,025 | +€4,959 | +240% |
| Amounts receivable within one year | 40/41 | €2,017 | €3,690 | +€1,673 | +83.0% |
| Trade receivables | 40 | €820 | €3,648 | +€2,828 | +345% |
| Other amounts receivable | 41 | €1,196 | €42 | -€1,155 | -96.5% |
| Cash at bank and in hand | 54/58 | - | €3,335 | +€3,335 | |
| Deferred charges and accrued income | 490/1 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €7,270 | €10,638 | +€3,368 | +46.3% |
| Equity | 10/15 | €4,151 | €430 | -€3,722 | -89.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,035 | €4,035 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,035 | €4,035 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,035 | €4,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,476 | -€22,198 | -€3,722 | -20.1% |
| Amounts payable | 17/49 | €3,119 | €10,209 | +€7,089 | +227% |
| Amounts payable within one year | 42/48 | €3,119 | €10,209 | +€7,089 | +227% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €237 | - | -€237 | |
| Credit institutions | 430/8 | €237 | - | -€237 | |
| Trade debts | 44 | €0 | €2,300 | +€2,300 | |
| Suppliers | 440/4 | - | €2,300 | +€2,300 | |
| Taxes, remuneration and social security | 45 | €1,983 | - | -€1,983 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,983 | - | -€1,983 | |
| Other amounts payable | 47/48 | €899 | €7,909 | +€7,009 | +779% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,750 | €1,592 | -€158 | -9.0% |
| Gross operating margin | 9900 | -€11,334 | -€1,786 | +€9,548 | +84.2% |
| Operating profit (loss) | 9901 | -€13,084 | -€3,378 | +€9,706 | +74.2% |
| Financial charges | 65/66B | €291 | €344 | +€53 | +18.1% |
| Recurring financial charges | 65 | €291 | €344 | +€53 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,375 | -€3,722 | +€9,654 | +72.2% |
| Income taxes | 67/77 | €7 | - | -€7 | |
| Profit (loss) for the period | 9904 | -€13,382 | -€3,722 | +€9,661 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,382 | -€3,722 | +€9,661 | +72.2% |
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.