MIRENA TRANSPORT: 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.
MIRENA TRANSPORT
Largest movements
- Receivables within one year +€121,748
up €121,748 (+33.1%), from €367,341 to €489,089
of which Other amounts receivable: +€99,093
- Tangible fixed assets -€17,847
down €17,847 (-16.1%), from €111,184 to €93,337
of which Leasing and similar rights: -€33,357
- Cash +€9,113
up €9,113 (+856%), from €1,065 to €10,177
mainly Net result for the year (+€113,008) and Other debts (+€61,000)
- Other debts +€61,000
up €61,000 (+290%), from €21,000 to €82,000
- Reserves +€50,000
up €50,000 (+56.0%), from €89,360 to €139,360
of which Distributable reserves: +€50,000
- Profit (loss) carried forward -€36,992
down €36,992 (-74.1%), from €49,896 to €12,904
- Debts after one year -€21,822
down €21,822 (-19.1%), from €114,129 to €92,308
- Trade debts +€20,170
up €20,170 (+130%), from €15,463 to €35,634
- Gross operating margin +€149,322
up €149,322 (+57.7%), from €259,001 to €408,323
- Staff costs +€35,681
up €35,681 (+35.2%), from €101,273 to €136,954
- Taxes +€19,880
up €19,880 (+62.2%), from €31,980 to €51,861
- Financial charges +€13,938
up €13,938 (+99.1%), from €14,059 to €27,997
- Depreciation +€9,413
up €9,413 (+32.0%), from €29,438 to €38,851
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 | €509,289 | €621,881 | +€112,592 | +22.1% |
| Fixed assets | 21/28 | €137,845 | €119,998 | -€17,847 | -12.9% |
| Tangible fixed assets | 22/27 | €111,184 | €93,337 | -€17,847 | -16.1% |
| Plant, machinery and equipment | 23 | €4,742 | €5,402 | +€660 | +13.9% |
| Furniture and vehicles | 24 | €1,899 | €16,749 | +€14,849 | +782% |
| Leasing and similar rights | 25 | €104,543 | €71,186 | -€33,357 | -31.9% |
| Financial fixed assets | 28 | €26,661 | €26,661 | = | 0.0% |
| Current assets | 29/58 | €371,444 | €501,884 | +€130,439 | +35.1% |
| Amounts receivable within one year | 40/41 | €367,341 | €489,089 | +€121,748 | +33.1% |
| Trade receivables | 40 | €184,618 | €207,273 | +€22,655 | +12.3% |
| Other amounts receivable | 41 | €182,723 | €281,816 | +€99,093 | +54.2% |
| Cash at bank and in hand | 54/58 | €1,065 | €10,177 | +€9,113 | +856% |
| Deferred charges and accrued income | 490/1 | €3,039 | €2,617 | -€422 | -13.9% |
| Total equity and liabilities | 10/49 | €509,289 | €621,881 | +€112,592 | +22.1% |
| Equity | 10/15 | €157,856 | €170,864 | +€13,008 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,360 | €139,360 | +€50,000 | +56.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €100,000 | +€50,000 | +100% |
| Profit (loss) carried forward | 14 | €49,896 | €12,904 | -€36,992 | -74.1% |
| Amounts payable | 17/49 | €351,433 | €451,017 | +€99,584 | +28.3% |
| Amounts payable after more than one year | 17 | €114,129 | €92,308 | -€21,822 | -19.1% |
| Financial debts | 170/4 | €114,129 | €92,308 | -€21,822 | -19.1% |
| Amounts payable within one year | 42/48 | €237,304 | €358,709 | +€121,406 | +51.2% |
| Current portion of amounts payable after more than one year | 42 | €38,912 | €49,821 | +€10,909 | +28.0% |
| Financial debts | 43 | - | €10,823 | +€10,823 | |
| Credit institutions | 430/8 | - | €10,823 | +€10,823 | |
| Trade debts | 44 | €15,463 | €35,634 | +€20,170 | +130% |
| Suppliers | 440/4 | €15,463 | €35,634 | +€20,170 | +130% |
| Taxes, remuneration and social security | 45 | €161,929 | €180,433 | +€18,504 | +11.4% |
| Taxes | 450/3 | €112,062 | €169,045 | +€56,983 | +50.8% |
| Remuneration and social security | 454/9 | €49,867 | €11,387 | -€38,480 | -77.2% |
| Other amounts payable | 47/48 | €21,000 | €82,000 | +€61,000 | +290% |
| Remuneration, social security and pensions | 62 | €101,273 | €136,954 | +€35,681 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,438 | €38,851 | +€9,413 | +32.0% |
| Other operating charges | 640/8 | €32,189 | €39,197 | +€7,009 | +21.8% |
| Non-recurring operating charges | 66A | - | €455 | +€455 | |
| Gross operating margin | 9900 | €259,001 | €408,323 | +€149,322 | +57.7% |
| Operating profit (loss) | 9901 | €96,102 | €192,866 | +€96,764 | +101% |
| Financial charges | 65/66B | €14,059 | €27,997 | +€13,938 | +99.1% |
| Recurring financial charges | 65 | €14,059 | €27,997 | +€13,938 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €82,043 | €164,869 | +€82,826 | +101% |
| Income taxes | 67/77 | €31,980 | €51,861 | +€19,880 | +62.2% |
| Profit (loss) for the period | 9904 | €50,063 | €113,008 | +€62,945 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €50,063 | €113,008 | +€62,945 | +126% |
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 28 October 2026 via checked.be.