MIRESEY: 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.
MIRESEY
Largest movements
- Cash -€198,233
down €198,233 (-96.4%), from €205,673 to €7,439
mainly Receivables within one year (-€148,638) and Trade debts (-€42,149)
- Receivables within one year +€148,638
up €148,638 (+199.3%), from €74,573 to €223,211
of which Other amounts receivable: +€151,306
- Tangible fixed assets -€23,821
down €23,821 (-36.0%), from €66,223 to €42,403
of which Leasing and similar rights: -€19,460
- Stocks and contracts -€5,155
down €5,155 (-84.1%), from €6,134 to €978
- Financial fixed assets +€4,000
new in 2025: €4,000
- Trade debts -€42,149
down €42,149 (-87.3%), from €48,302 to €6,153
- Current portion of long-term debt -€21,539
down €21,539 (-57.5%), from €37,492 to €15,952
- Profit (loss) carried forward +€16,875
up €16,875 (+11.9%), from €141,988 to €158,863
- Debts after one year -€16,274
down €16,274 (-59.5%), from €27,370 to €11,096
- Tax, wage and social debts -€14,269
down €14,269 (-51.7%), from €27,598 to €13,329
of which Taxes: -€11,045
- Staff costs -€24,503
down €24,503 (-51.7%), from €47,374 to €22,872
- Gross operating margin -€15,316
down €15,316 (-16.9%), from €90,785 to €75,469
- Financial income +€8,545
up €8,545 (+854.5%), from €1,000 to €9,545
- Financial charges +€5,332
up €5,332 (+66.3%), from €8,037 to €13,369
- Taxes +€2,221
up €2,221 (+79.3%), from €2,800 to €5,020
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 | €360,269 | €284,708 | -€75,561 | -21.0% |
| Fixed assets | 21/28 | €73,890 | €52,569 | -€21,321 | -28.9% |
| Intangible fixed assets | 21 | €7,667 | €6,167 | -€1,500 | -19.6% |
| Tangible fixed assets | 22/27 | €66,223 | €42,403 | -€23,821 | -36.0% |
| Furniture and vehicles | 24 | €6,032 | €2,800 | -€3,232 | -53.6% |
| Leasing and similar rights | 25 | €53,699 | €34,239 | -€19,460 | -36.2% |
| Other tangible fixed assets | 26 | €6,492 | €5,363 | -€1,129 | -17.4% |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €286,379 | €232,138 | -€54,240 | -18.9% |
| Stocks and contracts in progress | 3 | €6,134 | €978 | -€5,155 | -84.1% |
| Stocks | 30/36 | €6,134 | €978 | -€5,155 | -84.1% |
| Amounts receivable within one year | 40/41 | €74,573 | €223,211 | +€148,638 | +199.3% |
| Trade receivables | 40 | €2,668 | - | -€2,668 | |
| Other amounts receivable | 41 | €71,905 | €223,211 | +€151,306 | +210.4% |
| Cash at bank and in hand | 54/58 | €205,673 | €7,439 | -€198,233 | -96.4% |
| Deferred charges and accrued income | 490/1 | - | €510 | +€510 | |
| Total equity and liabilities | 10/49 | €360,269 | €284,708 | -€75,561 | -21.0% |
| Equity | 10/15 | €151,448 | €168,323 | +€16,875 | +11.1% |
| Contributions | 10/11 | €8,600 | €9,460 | +€860 | +10.0% |
| Reserves | 13 | €860 | - | -€860 | |
| Non-distributable reserves | 130/1 | €860 | - | -€860 | |
| Other | 1319 | €860 | - | -€860 | |
| Profit (loss) carried forward | 14 | €141,988 | €158,863 | +€16,875 | +11.9% |
| Amounts payable | 17/49 | €208,821 | €116,385 | -€92,436 | -44.3% |
| Amounts payable after more than one year | 17 | €27,370 | €11,096 | -€16,274 | -59.5% |
| Financial debts | 170/4 | €27,370 | €11,096 | -€16,274 | -59.5% |
| Amounts payable within one year | 42/48 | €181,450 | €105,289 | -€76,162 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €37,492 | €15,952 | -€21,539 | -57.5% |
| Financial debts | 43 | €68,058 | €69,854 | +€1,795 | +2.6% |
| Credit institutions | 430/8 | €68,058 | €69,854 | +€1,795 | +2.6% |
| Trade debts | 44 | €48,302 | €6,153 | -€42,149 | -87.3% |
| Suppliers | 440/4 | €48,302 | €6,153 | -€42,149 | -87.3% |
| Taxes, remuneration and social security | 45 | €27,598 | €13,329 | -€14,269 | -51.7% |
| Taxes | 450/3 | €19,895 | €8,850 | -€11,045 | -55.5% |
| Remuneration and social security | 454/9 | €7,703 | €4,479 | -€3,224 | -41.9% |
| Remuneration, social security and pensions | 62 | €47,374 | €22,872 | -€24,503 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,154 | €25,321 | +€167 | +0.7% |
| Other operating charges | 640/8 | €1,240 | €1,557 | +€317 | +25.6% |
| Gross operating margin | 9900 | €90,785 | €75,469 | -€15,316 | -16.9% |
| Operating profit (loss) | 9901 | €17,016 | €25,718 | +€8,702 | +51.1% |
| Financial income | 75/76B | €1,000 | €9,545 | +€8,545 | +854.5% |
| Recurring financial income | 75 | €1,000 | €9,545 | +€8,545 | +854.5% |
| Financial charges | 65/66B | €8,037 | €13,369 | +€5,332 | +66.3% |
| Recurring financial charges | 65 | €8,037 | €13,369 | +€5,332 | +66.3% |
| Profit (loss) for the period before taxes | 9903 | €9,979 | €21,895 | +€11,916 | +119.4% |
| Income taxes | 67/77 | €2,800 | €5,020 | +€2,221 | +79.3% |
| Profit (loss) for the period | 9904 | €7,180 | €16,875 | +€9,695 | +135.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,180 | €16,875 | +€9,695 | +135.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.