Mirexi: what changed
Two fiscal 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.
Mirexi
Largest movements
- Receivables within one year +€122,115
up €122,115 (+510.6%), from €23,918 to €146,033
of which Trade receivables: +€127,321
- Stocks and contracts -€100,003
down €100,003 (-95.8%), from €104,367 to €4,364
- Tangible fixed assets +€50,696
up €50,696 (+31.7%), from €160,010 to €210,706
of which Land and buildings: +€43,812
- Cash +€5,043
up €5,043 (+9.8%), from €51,373 to €56,416
mainly Stocks and contracts (+€100,003) and Net result for the year (+€73,471)
- Reserves +€73,400
up €73,400 (+67.4%), from €108,860 to €182,260
- Trade debts +€16,092
up €16,092 (+23.8%), from €67,559 to €83,652
- Debts after one year -€11,675
down €11,675 (-11.9%), from €97,817 to €86,142
- Other debts -€5,385
down €5,385 (-69.8%), from €7,715 to €2,330
- Current portion of long-term debt +€5,000
up €5,000 (+16.3%), from €30,674 to €35,674
- Gross operating margin +€14,352
up €14,352 (+11.0%), from €130,112 to €144,464
- Depreciation +€12,874
up €12,874 (+36.7%), from €35,071 to €47,944
- Financial income +€12,484
up €12,484 (+344.2%), from €3,627 to €16,111
of which Non-recurring financial income: +€12,760
- Taxes +€3,408
up €3,408 (+13.7%), from €24,802 to €28,210
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 | €341,120 | €421,531 | +€80,411 | +23.6% |
| Fixed assets | 21/28 | €160,010 | €212,706 | +€52,696 | +32.9% |
| Tangible fixed assets | 22/27 | €160,010 | €210,706 | +€50,696 | +31.7% |
| Land and buildings | 22 | €74,112 | €117,924 | +€43,812 | +59.1% |
| Plant, machinery and equipment | 23 | €31,473 | €13,964 | -€17,509 | -55.6% |
| Furniture and vehicles | 24 | €54,425 | €78,818 | +€24,393 | +44.8% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €181,110 | €208,825 | +€27,715 | +15.3% |
| Stocks and contracts in progress | 3 | €104,367 | €4,364 | -€100,003 | -95.8% |
| Stocks | 30/36 | €104,367 | €4,364 | -€100,003 | -95.8% |
| Amounts receivable within one year | 40/41 | €23,918 | €146,033 | +€122,115 | +510.6% |
| Trade receivables | 40 | €0 | €127,321 | +€127,321 | |
| Other amounts receivable | 41 | €23,918 | €18,712 | -€5,206 | -21.8% |
| Cash at bank and in hand | 54/58 | €51,373 | €56,416 | +€5,043 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,452 | €2,012 | +€560 | +38.6% |
| Total equity and liabilities | 10/49 | €341,120 | €421,531 | +€80,411 | +23.6% |
| Equity | 10/15 | €130,077 | €203,548 | +€73,471 | +56.5% |
| Contributions | 10/11 | €6,824 | €6,824 | = | 0.0% |
| Reserves | 13 | €108,860 | €182,260 | +€73,400 | +67.4% |
| Distributable reserves | 133 | €108,860 | €182,260 | +€73,400 | +67.4% |
| Profit (loss) carried forward | 14 | €14,393 | €14,464 | +€71 | +0.5% |
| Amounts payable | 17/49 | €211,042 | €217,983 | +€6,941 | +3.3% |
| Amounts payable after more than one year | 17 | €97,817 | €86,142 | -€11,675 | -11.9% |
| Financial debts | 170/4 | €97,817 | €86,142 | -€11,675 | -11.9% |
| Amounts payable within one year | 42/48 | €113,225 | €131,840 | +€18,615 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €30,674 | €35,674 | +€5,000 | +16.3% |
| Trade debts | 44 | €67,559 | €83,652 | +€16,092 | +23.8% |
| Suppliers | 440/4 | €67,559 | €83,652 | +€16,092 | +23.8% |
| Taxes, remuneration and social security | 45 | €7,277 | €10,185 | +€2,908 | +40.0% |
| Taxes | 450/3 | €6,325 | €10,185 | +€3,859 | +61.0% |
| Remuneration and social security | 454/9 | €951 | €0 | -€951 | -100.0% |
| Other amounts payable | 47/48 | €7,715 | €2,330 | -€5,385 | -69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,071 | €47,944 | +€12,874 | +36.7% |
| Other operating charges | 640/8 | €4,634 | €4,654 | +€20 | +0.4% |
| Gross operating margin | 9900 | €130,112 | €144,464 | +€14,352 | +11.0% |
| Operating profit (loss) | 9901 | €90,408 | €91,866 | +€1,458 | +1.6% |
| Financial income | 75/76B | €3,627 | €16,111 | +€12,484 | +344.2% |
| Recurring financial income | 75 | €887 | €611 | -€276 | -31.1% |
| Non-recurring financial income | 76B | €2,740 | €15,500 | +€12,760 | +465.8% |
| Financial charges | 65/66B | €6,143 | €6,296 | +€153 | +2.5% |
| Recurring financial charges | 65 | €6,143 | €6,296 | +€153 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €87,892 | €101,681 | +€13,789 | +15.7% |
| Income taxes | 67/77 | €24,802 | €28,210 | +€3,408 | +13.7% |
| Profit (loss) for the period | 9904 | €63,089 | €73,471 | +€10,382 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,089 | €73,471 | +€10,382 | +16.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.