MIREC & CO: what changed
MIREC & CO
Largest movements
- Tangible fixed assets +€27,392
new in 2025: €27,392
- Receivables within one year +€6,832
up €6,832 (+54.4%), from €12,560 to €19,392
of which Trade receivables: +€4,210
- Cash +€3,832
up €3,832 (+73.6%), from €5,209 to €9,042
mainly Debts after one year (+€17,623) and Net result for the year (+€8,354)
- Debts after one year +€17,623
new in 2025: €17,623
- Profit (loss) carried forward +€8,354
up €8,354 (+68.9%), from €12,121 to €20,475
- Trade debts +€8,046
up €8,046 (+14,165%), from €57 to €8,103
- Current portion of long-term debt +€5,097
new in 2025: €5,097
- Tax, wage and social debts -€783
down €783 (-17.8%), from €4,404 to €3,621
- Gross operating margin -€5,470
down €5,470 (-23.9%), from €22,884 to €17,414
- Other operating charges -€2,235
down €2,235 (-50.1%), from €4,459 to €2,224
- Depreciation +€1,608
new in 2025: €1,608
- Taxes -€783
down €783 (-17.8%), from €4,404 to €3,621
- Financial charges -€294
down €294 (-15.5%), from €1,901 to €1,607
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,581 | €56,918 | +€38,337 | +206% |
| Fixed assets | 21/28 | - | €27,392 | +€27,392 | |
| Tangible fixed assets | 22/27 | - | €27,392 | +€27,392 | |
| Furniture and vehicles | 24 | - | €27,392 | +€27,392 | |
| Current assets | 29/58 | €18,581 | €29,526 | +€10,945 | +58.9% |
| Amounts receivable within one year | 40/41 | €12,560 | €19,392 | +€6,832 | +54.4% |
| Trade receivables | 40 | €3,738 | €7,948 | +€4,210 | +113% |
| Other amounts receivable | 41 | €8,823 | €11,444 | +€2,622 | +29.7% |
| Cash at bank and in hand | 54/58 | €5,209 | €9,042 | +€3,832 | +73.6% |
| Deferred charges and accrued income | 490/1 | €812 | €1,092 | +€280 | +34.5% |
| Total equity and liabilities | 10/49 | €18,581 | €56,918 | +€38,337 | +206% |
| Equity | 10/15 | €14,121 | €22,475 | +€8,354 | +59.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,121 | €20,475 | +€8,354 | +68.9% |
| Amounts payable | 17/49 | €4,460 | €34,443 | +€29,983 | +672% |
| Amounts payable after more than one year | 17 | - | €17,623 | +€17,623 | |
| Financial debts | 170/4 | - | €17,623 | +€17,623 | |
| Amounts payable within one year | 42/48 | €4,460 | €16,820 | +€12,360 | +277% |
| Current portion of amounts payable after more than one year | 42 | - | €5,097 | +€5,097 | |
| Trade debts | 44 | €57 | €8,103 | +€8,046 | +14,165% |
| Suppliers | 440/4 | €57 | €8,103 | +€8,046 | +14,165% |
| Taxes, remuneration and social security | 45 | €4,404 | €3,621 | -€783 | -17.8% |
| Taxes | 450/3 | €4,404 | €3,621 | -€783 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,608 | +€1,608 | |
| Other operating charges | 640/8 | €4,459 | €2,224 | -€2,235 | -50.1% |
| Gross operating margin | 9900 | €22,884 | €17,414 | -€5,470 | -23.9% |
| Operating profit (loss) | 9901 | €18,425 | €13,582 | -€4,843 | -26.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -61.5% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -61.5% |
| Financial charges | 65/66B | €1,901 | €1,607 | -€294 | -15.5% |
| Recurring financial charges | 65 | €1,901 | €1,607 | -€294 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €16,524 | €11,975 | -€4,549 | -27.5% |
| Income taxes | 67/77 | €4,404 | €3,621 | -€783 | -17.8% |
| Profit (loss) for the period | 9904 | €12,121 | €8,354 | -€3,767 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,121 | €8,354 | -€3,767 | -31.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.