MIRMEX MOTOR: what changed
What changed
MIRMEX MOTOR
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
-€464,871
2024 · -€857,301+€392,429
Equity
€1.6m
2024 · €2.0m-€464,871
Cash
€328,744
2024 · €1.3m-€934,259
Balance sheet total
€2.5m
2024 · €2.7m-€218,205
Largest movements
Assets
- Cash -€934,259
down €934,259 (-74.0%), from €1.3m to €328,744
mainly Investment in fixed assets (net) (-€1.0m) and Net result for the year (-€464,871)
- Tangible fixed assets +€529,087
up €529,087 (+665%), from €79,613 to €608,700
of which Furniture and vehicles: +€534,298
- Receivables within one year +€137,464
up €137,464 (+22.1%), from €622,760 to €760,224
of which Trade receivables: +€145,940
- Stocks and contracts +€92,703
up €92,703 (+115%), from €80,760 to €173,463
- Intangible fixed assets -€43,293
down €43,293 (-6.6%), from €654,515 to €611,223
Equity and liabilities
- Profit (loss) carried forward -€464,871
down €464,871 (-54.2%), from -€857,301 to -€1.3m
- Other debts +€243,075
new in 2025: €243,075
Income statement
- Financial income +€335,953
up €335,953 (+227%), from €147,988 to €483,942
- Gross operating margin +€180,504
up €180,504 (+264%), from €68,447 to €248,951
- Staff costs +€76,721
up €76,721 (+13.7%), from €558,122 to €634,843
- Depreciation +€46,111
up €46,111 (+9.3%), from €497,221 to €543,332
- Taxes -€9,222
down €9,222, from €1,093 to -€8,129
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€857,301
Gross operating margin
+€180,504
Staff costs
-€76,721
Depreciation
-€46,111
Write-downs
-€7,415
Other operating charges
+€1,018
Financial income
+€335,953
Financial charges
-€4,020
Taxes
+€9,222
Result 2025
-€464,871
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€94,958
Investment
-€1.0m
Financing
-€1
Cash 2024
€1.3m
From operations (derived)
+€94,958
Net result for the year
-€464,871
Depreciation
+€543,332
Stocks and contracts
-€92,703
Receivables within one year
-€137,464
Deferred charges and accrued income
-€3
Trade debts
-€7,897
Tax, wage and social debts
+€14,290
Other debts
+€243,075
Accrued charges and deferred income
-€2,800
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€1
Debts after one year
-€1
Cash 2025
€328,744
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,715,414 | €2,497,209 | -€218,205 | -8.0% |
| Fixed assets | 21/28 | €748,495 | €1,234,379 | +€485,883 | +64.9% |
| Intangible fixed assets | 21 | €654,515 | €611,223 | -€43,293 | -6.6% |
| Tangible fixed assets | 22/27 | €79,613 | €608,700 | +€529,087 | +665% |
| Furniture and vehicles | 24 | €58,571 | €592,869 | +€534,298 | +912% |
| Other tangible fixed assets | 26 | €21,041 | €15,831 | -€5,210 | -24.8% |
| Financial fixed assets | 28 | €14,367 | €14,456 | +€89 | +0.6% |
| Current assets | 29/58 | €1,966,919 | €1,262,830 | -€704,089 | -35.8% |
| Stocks and contracts in progress | 3 | €80,760 | €173,463 | +€92,703 | +115% |
| Stocks | 30/36 | €80,760 | €173,463 | +€92,703 | +115% |
| Amounts receivable within one year | 40/41 | €622,760 | €760,224 | +€137,464 | +22.1% |
| Trade receivables | 40 | €91,184 | €237,124 | +€145,940 | +160% |
| Other amounts receivable | 41 | €531,576 | €523,100 | -€8,476 | -1.6% |
| Cash at bank and in hand | 54/58 | €1,263,003 | €328,744 | -€934,259 | -74.0% |
| Deferred charges and accrued income | 490/1 | €396 | €398 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €2,715,414 | €2,497,209 | -€218,205 | -8.0% |
| Equity | 10/15 | €2,035,408 | €1,570,536 | -€464,871 | -22.8% |
| Contributions | 10/11 | €2,892,368 | €2,892,368 | = | 0.0% |
| Capital | 10 | €2,892,368 | €2,892,368 | = | 0.0% |
| Issued capital | 100 | €2,892,368 | €2,892,368 | = | 0.0% |
| Reserves | 13 | €340 | €340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €340 | €340 | = | 0.0% |
| Legal reserve | 130 | €340 | €340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€857,301 | -€1,322,172 | -€464,871 | -54.2% |
| Amounts payable | 17/49 | €680,006 | €926,672 | +€246,666 | +36.3% |
| Amounts payable after more than one year | 17 | €465,366 | €465,365 | -€1 | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €465,366 | €465,365 | -€1 | 0.0% |
| Amounts payable within one year | 42/48 | €211,841 | €461,308 | +€249,467 | +118% |
| Trade debts | 44 | €155,541 | €147,644 | -€7,897 | -5.1% |
| Suppliers | 440/4 | €155,541 | €147,644 | -€7,897 | -5.1% |
| Taxes, remuneration and social security | 45 | €56,299 | €70,589 | +€14,290 | +25.4% |
| Remuneration and social security | 454/9 | €56,299 | €70,589 | +€14,290 | +25.4% |
| Other amounts payable | 47/48 | - | €243,075 | +€243,075 | |
| Accrued charges and deferred income | 492/3 | €2,800 | €0 | -€2,800 | -100% |
| Remuneration, social security and pensions | 62 | €558,122 | €634,843 | +€76,721 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497,221 | €543,332 | +€46,111 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,098 | €8,513 | +€7,415 | +675% |
| Other operating charges | 640/8 | €3,031 | €2,013 | -€1,018 | -33.6% |
| Gross operating margin | 9900 | €68,447 | €248,951 | +€180,504 | +264% |
| Operating profit (loss) | 9901 | -€991,025 | -€939,750 | +€51,274 | +5.2% |
| Financial income | 75/76B | €147,988 | €483,942 | +€335,953 | +227% |
| Recurring financial income | 75 | €147,988 | €483,942 | +€335,953 | +227% |
| Financial charges | 65/66B | €13,171 | €17,191 | +€4,020 | +30.5% |
| Recurring financial charges | 65 | €13,171 | €17,191 | +€4,020 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | -€856,207 | -€473,000 | +€383,207 | +44.8% |
| Income taxes | 67/77 | €1,093 | -€8,129 | -€9,222 | |
| Profit (loss) for the period | 9904 | -€857,301 | -€464,871 | +€392,429 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€857,301 | -€464,871 | +€392,429 | +45.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.