MIREYA: 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.
MIREYA
Largest movements
- Receivables within one year -€297,142
down €297,142 (-37.9%), from €783,650 to €486,508
of which Trade receivables: -€289,100
- Cash +€132,047
up €132,047 (+346%), from €38,205 to €170,251
mainly Receivables within one year (+€297,142) and Accrued charges and deferred income (+€57,626)
- Deferred charges and accrued income +€74,234
new in 2025: €74,234
- Stocks and contracts -€40,859
down €40,859 (-8.9%), from €461,065 to €420,206
- Trade debts -€195,129
down €195,129 (-15.3%), from €1.3m to €1.1m
- Accrued charges and deferred income +€57,626
new in 2025: €57,626
- Gross operating margin -€25,450
down €25,450 (-63.2%), from €40,251 to €14,801
- Financial charges -€11,104
down €11,104 (-70.0%), from €15,870 to €4,766
- Taxes -€6,849
down €6,849, from €5,940 to -€909
- Depreciation +€5,635
up €5,635 (+206%), from €2,733 to €8,368
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 | €1,322,026 | €1,181,938 | -€140,088 | -10.6% |
| Fixed assets | 21/28 | €39,107 | €30,739 | -€8,368 | -21.4% |
| Tangible fixed assets | 22/27 | €39,107 | €30,739 | -€8,368 | -21.4% |
| Plant, machinery and equipment | 23 | €39,107 | €30,739 | -€8,368 | -21.4% |
| Current assets | 29/58 | €1,282,919 | €1,151,199 | -€131,720 | -10.3% |
| Stocks and contracts in progress | 3 | €461,065 | €420,206 | -€40,859 | -8.9% |
| Stocks | 30/36 | €461,065 | €420,206 | -€40,859 | -8.9% |
| Amounts receivable within one year | 40/41 | €783,650 | €486,508 | -€297,142 | -37.9% |
| Trade receivables | 40 | €773,411 | €484,310 | -€289,100 | -37.4% |
| Other amounts receivable | 41 | €10,239 | €2,197 | -€8,041 | -78.5% |
| Cash at bank and in hand | 54/58 | €38,205 | €170,251 | +€132,047 | +346% |
| Deferred charges and accrued income | 490/1 | - | €74,234 | +€74,234 | |
| Total equity and liabilities | 10/49 | €1,322,026 | €1,181,938 | -€140,088 | -10.6% |
| Equity | 10/15 | €22,221 | €24,166 | +€1,945 | +8.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €15,221 | €17,166 | +€1,945 | +12.8% |
| Distributable reserves | 133 | €15,221 | €17,166 | +€1,945 | +12.8% |
| Amounts payable | 17/49 | €1,299,805 | €1,157,772 | -€142,033 | -10.9% |
| Amounts payable within one year | 42/48 | €1,299,805 | €1,100,146 | -€199,658 | -15.4% |
| Trade debts | 44 | €1,278,909 | €1,083,780 | -€195,129 | -15.3% |
| Suppliers | 440/4 | €1,278,909 | €1,083,780 | -€195,129 | -15.3% |
| Taxes, remuneration and social security | 45 | €6,100 | €640 | -€5,460 | -89.5% |
| Taxes | 450/3 | €6,100 | €640 | -€5,460 | -89.5% |
| Other amounts payable | 47/48 | €14,795 | €15,726 | +€930 | +6.3% |
| Accrued charges and deferred income | 492/3 | - | €57,626 | +€57,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,733 | €8,368 | +€5,635 | +206% |
| Other operating charges | 640/8 | €890 | €829 | -€60 | -6.8% |
| Gross operating margin | 9900 | €40,251 | €14,801 | -€25,450 | -63.2% |
| Operating profit (loss) | 9901 | €36,628 | €5,604 | -€31,025 | -84.7% |
| Financial income | 75/76B | €403 | €199 | -€204 | -50.6% |
| Recurring financial income | 75 | €403 | €199 | -€204 | -50.6% |
| Financial charges | 65/66B | €15,870 | €4,766 | -€11,104 | -70.0% |
| Recurring financial charges | 65 | €15,870 | €4,766 | -€11,104 | -70.0% |
| Profit (loss) for the period before taxes | 9903 | €21,161 | €1,037 | -€20,125 | -95.1% |
| Income taxes | 67/77 | €5,940 | -€909 | -€6,849 | |
| Profit (loss) for the period | 9904 | €15,221 | €1,945 | -€13,276 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,221 | €1,945 | -€13,276 | -87.2% |
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 25 October 2026 via checked.be.