MIRHAT: 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.
MIRHAT
Largest movements
- Receivables within one year +€12,533
up €12,533 (+253.7%), from €4,940 to €17,474
- Tangible fixed assets -€10,086
down €10,086 (-4.0%), from €254,597 to €244,511
of which Land and buildings: -€5,615
- Stocks and contracts +€5,081
up €5,081 (+93.2%), from €5,449 to €10,530
- Current portion of long-term debt -€27,411
down €27,411 (-98.0%), from €27,964 to €553
- Trade debts +€21,069
up €21,069 (+289.9%), from €7,267 to €28,336
- Tax, wage and social debts +€7,586
up €7,586 (+94.4%), from €8,039 to €15,625
of which Taxes: +€7,906
- Profit (loss) carried forward +€5,880
up €5,880 (+35.7%), from -€16,491 to -€10,611
- Staff costs -€6,528
down €6,528 (-30.0%), from €21,763 to €15,234
- Other operating charges +€6,097
up €6,097 (+263.7%), from €2,312 to €8,409
- Taxes +€2,959
up €2,959 (+363.3%), from €815 to €3,774
- Gross operating margin -€2,700
down €2,700 (-4.1%), from €66,464 to €63,764
- Financial charges +€1,474
up €1,474 (+10.0%), from €14,793 to €16,267
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,939 | €287,121 | +€8,182 | +2.9% |
| Fixed assets | 21/28 | €254,597 | €244,511 | -€10,086 | -4.0% |
| Tangible fixed assets | 22/27 | €254,597 | €244,511 | -€10,086 | -4.0% |
| Land and buildings | 22 | €206,154 | €200,539 | -€5,615 | -2.7% |
| Plant, machinery and equipment | 23 | €23,965 | €21,350 | -€2,615 | -10.9% |
| Furniture and vehicles | 24 | €24,478 | €22,622 | -€1,856 | -7.6% |
| Current assets | 29/58 | €24,342 | €42,610 | +€18,268 | +75.0% |
| Stocks and contracts in progress | 3 | €5,449 | €10,530 | +€5,081 | +93.2% |
| Stocks | 30/36 | €5,449 | €10,530 | +€5,081 | +93.2% |
| Amounts receivable within one year | 40/41 | €4,940 | €17,474 | +€12,533 | +253.7% |
| Trade receivables | 40 | €4,940 | €17,474 | +€12,533 | +253.7% |
| Cash at bank and in hand | 54/58 | €1,966 | €3,093 | +€1,127 | +57.3% |
| Deferred charges and accrued income | 490/1 | €11,986 | €11,513 | -€474 | -4.0% |
| Total equity and liabilities | 10/49 | €278,939 | €287,121 | +€8,182 | +2.9% |
| Equity | 10/15 | €3,114 | €8,994 | +€5,880 | +188.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,005 | €1,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,005 | €1,005 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,005 | €1,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,491 | -€10,611 | +€5,880 | +35.7% |
| Amounts payable | 17/49 | €275,825 | €278,127 | +€2,302 | +0.8% |
| Amounts payable after more than one year | 17 | €230,440 | €230,440 | = | 0.0% |
| Financial debts | 170/4 | €230,440 | €230,440 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,385 | €47,687 | +€2,302 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €27,964 | €553 | -€27,411 | -98.0% |
| Trade debts | 44 | €7,267 | €28,336 | +€21,069 | +289.9% |
| Suppliers | 440/4 | €7,267 | €28,336 | +€21,069 | +289.9% |
| Taxes, remuneration and social security | 45 | €8,039 | €15,625 | +€7,586 | +94.4% |
| Taxes | 450/3 | €3,919 | €11,825 | +€7,906 | +201.7% |
| Remuneration and social security | 454/9 | €4,120 | €3,800 | -€320 | -7.8% |
| Other amounts payable | 47/48 | €2,115 | €3,173 | +€1,058 | +50.0% |
| Non-recurring operating income | 76A | - | €1,669 | +€1,669 | |
| Remuneration, social security and pensions | 62 | €21,763 | €15,234 | -€6,528 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,774 | €14,203 | -€571 | -3.9% |
| Other operating charges | 640/8 | €2,312 | €8,409 | +€6,097 | +263.7% |
| Gross operating margin | 9900 | €66,464 | €63,764 | -€2,700 | -4.1% |
| Operating profit (loss) | 9901 | €27,616 | €25,918 | -€1,698 | -6.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | +767.9% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +767.9% |
| Financial charges | 65/66B | €14,793 | €16,267 | +€1,474 | +10.0% |
| Recurring financial charges | 65 | €14,793 | €16,267 | +€1,474 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €12,823 | €9,653 | -€3,170 | -24.7% |
| Income taxes | 67/77 | €815 | €3,774 | +€2,959 | +363.3% |
| Profit (loss) for the period | 9904 | €12,009 | €5,880 | -€6,129 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,009 | €5,880 | -€6,129 | -51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.