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MIRKO: 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.

What changed

MIRKO

BE 0459.971.921
NACE 73.110, Advertising agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€33,594
2024 · -€79,015+€45,422
Equity
€29,049
2024 · €62,643-€33,594
Cash
€87
2024 · €7,471-€7,384
Balance sheet total
€120,862
2024 · €148,887-€28,025

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€15,411

    down €15,411 (-12.3%), from €125,632 to €110,222

    of which Trade receivables: -€9,860

  • Cash -€7,384

    down €7,384 (-98.8%), from €7,471 to €87

    mainly Net result for the year (-€33,594) and Accrued charges and deferred income (-€499)

  • Tangible fixed assets -€4,627

    down €4,627 (-34.8%), from €13,279 to €8,652

Equity and liabilities
  • Profit (loss) carried forward -€33,594

    down €33,594 (-97.3%), from -€34,514 to -€68,108

  • Other debts +€3,905

    up €3,905 (+4.8%), from €81,033 to €84,938

Income statement
  • Gross operating margin +€29,979

    up €29,979 (+52.2%), from -€57,380 to -€27,401

  • Taxes -€14,943

    down €14,943 (-100.0%), from €14,943 to €0

  • Financial charges -€751

    down €751 (-54.1%), from €1,386 to €636

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€79,015
Gross operating margin +€29,979
Depreciation -€20
Other operating charges -€231
Financial charges +€751
Taxes +€14,943
Result 2025 -€33,594

Cash bridge derived

cash 2024 to 2025

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.

From operations -€8,732
Investment €0
Financing +€1,348
Cash 2024 €7,471
Net result for the year -€33,594
Depreciation +€4,627
Receivables within one year +€15,411
Deferred charges and accrued income +€604
Trade debts +€716
Tax, wage and social debts +€98
Other debts +€3,905
Accrued charges and deferred income -€499
Short-term financial debts +€1,348
Cash 2025 €87
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €148,887 €120,862 -€28,025 -18.8%
Fixed assets 21/28 €13,279 €8,652 -€4,627 -34.8%
Tangible fixed assets 22/27 €13,279 €8,652 -€4,627 -34.8%
Furniture and vehicles 24 €13,279 €8,652 -€4,627 -34.8%
Current assets 29/58 €135,608 €112,210 -€23,399 -17.3%
Amounts receivable within one year 40/41 €125,632 €110,222 -€15,411 -12.3%
Trade receivables 40 €14,431 €4,571 -€9,860 -68.3%
Other amounts receivable 41 €111,202 €105,651 -€5,551 -5.0%
Cash at bank and in hand 54/58 €7,471 €87 -€7,384 -98.8%
Deferred charges and accrued income 490/1 €2,505 €1,901 -€604 -24.1%
Total equity and liabilities 10/49 €148,887 €120,862 -€28,025 -18.8%
Equity 10/15 €62,643 €29,049 -€33,594 -53.6%
Contributions 10/11 €61,973 €61,973 = 0.0%
Capital 10 €61,973 €61,973 = 0.0%
Issued capital 100 €61,973 €61,973 = 0.0%
Reserves 13 €35,184 €35,184 = 0.0%
Non-distributable reserves 130/1 €6,197 €6,197 = 0.0%
Legal reserve 130 €6,197 €6,197 = 0.0%
Distributable reserves 133 €28,986 €28,986 = 0.0%
Profit (loss) carried forward 14 -€34,514 -€68,108 -€33,594 -97.3%
Amounts payable 17/49 €86,245 €91,813 +€5,568 +6.5%
Amounts payable within one year 42/48 €83,179 €89,246 +€6,067 +7.3%
Current portion of amounts payable after more than one year 42 €0 - =
Financial debts 43 - €1,348 +€1,348
Credit institutions 430/8 - €1,348 +€1,348
Trade debts 44 €2,045 €2,761 +€716 +35.0%
Suppliers 440/4 €2,045 €2,761 +€716 +35.0%
Taxes, remuneration and social security 45 €101 €200 +€98 +97.0%
Taxes 450/3 €101 €200 +€98 +97.0%
Other amounts payable 47/48 €81,033 €84,938 +€3,905 +4.8%
Accrued charges and deferred income 492/3 €3,066 €2,567 -€499 -16.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,607 €4,627 +€20 +0.4%
Other operating charges 640/8 €699 €930 +€231 +33.0%
Gross operating margin 9900 -€57,380 -€27,401 +€29,979 +52.2%
Operating profit (loss) 9901 -€62,686 -€32,958 +€29,728 +47.4%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €1,386 €636 -€751 -54.1%
Recurring financial charges 65 €1,386 €636 -€751 -54.1%
Profit (loss) for the period before taxes 9903 -€64,072 -€33,594 +€30,478 +47.6%
Income taxes 67/77 €14,943 €0 -€14,943 -100.0%
Profit (loss) for the period 9904 -€79,015 -€33,594 +€45,422 +57.5%
Profit (loss) for the period to be appropriated 9905 -€79,015 -€33,594 +€45,422 +57.5%

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 30 September 2026 via checked.be.