MIRKO: 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.
MIRKO
Largest movements
- Receivables after one year -€85,120
down €85,120 (-89.5%), from €95,120 to €10,000
- Receivables within one year +€53,574
up €53,574 (+48.6%), from €110,259 to €163,832
of which Other amounts receivable: +€51,857
- Tangible fixed assets +€21,438
up €21,438 (+95.1%), from €22,535 to €43,973
of which Other tangible fixed assets: +€20,151
- Current portion of long-term debt +€25,878
up €25,878 (+53.8%), from €48,074 to €73,952
- Other debts -€24,930
down €24,930 (-31.6%), from €78,918 to €53,988
- Trade debts -€11,069
down €11,069 (-54.5%), from €20,304 to €9,235
- Short-term financial debts -€7,500
down €7,500 (-37.5%), from €20,000 to €12,500
- Gross operating margin +€13,552
up €13,552 (+4.1%), from €328,532 to €342,084
- Staff costs -€12,068
down €12,068 (-3.7%), from €330,083 to €318,015
- Other operating charges +€4,703
up €4,703 (+250%), from €1,884 to €6,587
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 | €572,045 | €558,960 | -€13,085 | -2.3% |
| Fixed assets | 21/28 | €344,746 | €366,184 | +€21,438 | +6.2% |
| Tangible fixed assets | 22/27 | €22,535 | €43,973 | +€21,438 | +95.1% |
| Plant, machinery and equipment | 23 | €804 | €604 | -€200 | -24.9% |
| Furniture and vehicles | 24 | - | €1,487 | +€1,487 | |
| Other tangible fixed assets | 26 | €21,731 | €41,882 | +€20,151 | +92.7% |
| Financial fixed assets | 28 | €322,212 | €322,212 | = | 0.0% |
| Current assets | 29/58 | €227,298 | €192,776 | -€34,523 | -15.2% |
| Amounts receivable after more than one year | 29 | €95,120 | €10,000 | -€85,120 | -89.5% |
| Other amounts receivable | 291 | €95,120 | €10,000 | -€85,120 | -89.5% |
| Stocks and contracts in progress | 3 | €10,677 | €7,239 | -€3,438 | -32.2% |
| Stocks | 30/36 | €10,677 | €7,239 | -€3,438 | -32.2% |
| Amounts receivable within one year | 40/41 | €110,259 | €163,832 | +€53,574 | +48.6% |
| Trade receivables | 40 | €23,474 | €25,190 | +€1,716 | +7.3% |
| Other amounts receivable | 41 | €86,785 | €138,642 | +€51,857 | +59.8% |
| Cash at bank and in hand | 54/58 | €3,243 | €4,704 | +€1,461 | +45.0% |
| Deferred charges and accrued income | 490/1 | €8,000 | €7,000 | -€1,000 | -12.5% |
| Total equity and liabilities | 10/49 | €572,045 | €558,960 | -€13,085 | -2.3% |
| Equity | 10/15 | €48,916 | €52,030 | +€3,114 | +6.4% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €39,616 | €42,730 | +€3,114 | +7.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,756 | €40,870 | +€3,114 | +8.2% |
| Amounts payable | 17/49 | €523,129 | €506,930 | -€16,199 | -3.1% |
| Amounts payable after more than one year | 17 | €322,000 | €322,000 | = | 0.0% |
| Financial debts | 170/4 | €322,000 | €322,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,129 | €184,930 | -€16,199 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €48,074 | €73,952 | +€25,878 | +53.8% |
| Financial debts | 43 | €20,000 | €12,500 | -€7,500 | -37.5% |
| Credit institutions | 430/8 | €20,000 | €12,500 | -€7,500 | -37.5% |
| Trade debts | 44 | €20,304 | €9,235 | -€11,069 | -54.5% |
| Suppliers | 440/4 | €20,304 | €9,235 | -€11,069 | -54.5% |
| Advances received on contracts in progress | 46 | €9,375 | €9,375 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,458 | €25,880 | +€1,422 | +5.8% |
| Taxes | 450/3 | €11,039 | €8,970 | -€2,069 | -18.7% |
| Remuneration and social security | 454/9 | €13,419 | €16,910 | +€3,491 | +26.0% |
| Other amounts payable | 47/48 | €78,918 | €53,988 | -€24,930 | -31.6% |
| Remuneration, social security and pensions | 62 | €330,083 | €318,015 | -€12,068 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,888 | €9,457 | +€2,569 | +37.3% |
| Other operating charges | 640/8 | €1,884 | €6,587 | +€4,703 | +250% |
| Gross operating margin | 9900 | €328,532 | €342,084 | +€13,552 | +4.1% |
| Operating profit (loss) | 9901 | -€10,324 | €8,025 | +€18,349 | |
| Financial income | 75/76B | €2,622 | €2,018 | -€604 | -23.0% |
| Recurring financial income | 75 | €2,622 | €2,018 | -€604 | -23.0% |
| Financial charges | 65/66B | €3,883 | €6,930 | +€3,047 | +78.5% |
| Recurring financial charges | 65 | €3,883 | €6,930 | +€3,047 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,584 | €3,114 | +€14,698 | |
| Profit (loss) for the period | 9904 | -€11,584 | €3,114 | +€14,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,584 | €3,114 | +€14,698 |
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 17 October 2026 via checked.be.