MIRMIL: 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.
MIRMIL
Largest movements
- Cash -€580,243
down €580,243 (-63.2%), from €918,132 to €337,889
mainly Receivables within one year (-€350,039) and Current investments (-€249,999)
- Receivables within one year +€350,039
up €350,039 (+156.5%), from €223,655 to €573,694
of which Trade receivables: +€342,643
- Current investments +€249,999
new in 2025: €249,999
- Tangible fixed assets +€41,980
up €41,980 (+8.4%), from €498,979 to €540,959
- Reserves +€162,469
up €162,469 (+18.2%), from €895,121 to €1.1m
of which Distributable reserves: +€162,469
- Other debts -€82,901
down €82,901 (-93.2%), from €88,945 to €6,044
- Accrued charges and deferred income -€50,248
down €50,248 (-58.3%), from €86,248 to €36,000
- Trade debts +€42,169
up €42,169 (+50.6%), from €83,392 to €125,561
- Current portion of long-term debt +€35,709
up €35,709 (+27.8%), from €128,458 to €164,166
- Gross operating margin -€132,798
down €132,798 (-10.3%), from €1.3m to €1.2m
- Taxes -€57,308
down €57,308 (-40.6%), from €141,305 to €83,998
- Depreciation +€48,119
up €48,119 (+48.9%), from €98,501 to €146,620
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.
Cash bridge derived
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 | €1,643,346 | €1,705,121 | +€61,775 | +3.8% |
| Fixed assets | 21/28 | €501,559 | €543,539 | +€41,980 | +8.4% |
| Tangible fixed assets | 22/27 | €498,979 | €540,959 | +€41,980 | +8.4% |
| Land and buildings | 22 | €1,943 | €1,295 | -€648 | -33.3% |
| Plant, machinery and equipment | 23 | €26,991 | €36,797 | +€9,806 | +36.3% |
| Furniture and vehicles | 24 | €470,045 | €483,415 | +€13,370 | +2.8% |
| Assets under construction and advance payments | 27 | - | €19,452 | +€19,452 | |
| Financial fixed assets | 28 | €2,580 | €2,580 | = | 0.0% |
| Current assets | 29/58 | €1,141,787 | €1,161,582 | +€19,795 | +1.7% |
| Amounts receivable within one year | 40/41 | €223,655 | €573,694 | +€350,039 | +156.5% |
| Trade receivables | 40 | €173,623 | €516,266 | +€342,643 | +197.3% |
| Other amounts receivable | 41 | €50,032 | €57,428 | +€7,396 | +14.8% |
| Current investments | 50/53 | - | €249,999 | +€249,999 | |
| Cash at bank and in hand | 54/58 | €918,132 | €337,889 | -€580,243 | -63.2% |
| Total equity and liabilities | 10/49 | €1,643,346 | €1,705,121 | +€61,775 | +3.8% |
| Equity | 10/15 | €913,721 | €1,076,190 | +€162,469 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €895,121 | €1,057,590 | +€162,469 | +18.2% |
| 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 | €893,261 | €1,055,730 | +€162,469 | +18.2% |
| Amounts payable | 17/49 | €729,625 | €628,930 | -€100,694 | -13.8% |
| Amounts payable after more than one year | 17 | €298,959 | €268,904 | -€30,056 | -10.1% |
| Financial debts | 170/4 | €298,959 | €268,904 | -€30,056 | -10.1% |
| Amounts payable within one year | 42/48 | €344,418 | €324,027 | -€20,391 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €128,458 | €164,166 | +€35,709 | +27.8% |
| Trade debts | 44 | €83,392 | €125,561 | +€42,169 | +50.6% |
| Suppliers | 440/4 | €83,392 | €125,561 | +€42,169 | +50.6% |
| Taxes, remuneration and social security | 45 | €43,623 | €28,255 | -€15,368 | -35.2% |
| Taxes | 450/3 | €43,623 | €28,255 | -€15,368 | -35.2% |
| Other amounts payable | 47/48 | €88,945 | €6,044 | -€82,901 | -93.2% |
| Accrued charges and deferred income | 492/3 | €86,248 | €36,000 | -€50,248 | -58.3% |
| Remuneration, social security and pensions | 62 | €712,717 | €713,611 | +€894 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,501 | €146,620 | +€48,119 | +48.9% |
| Other operating charges | 640/8 | €7,635 | €8,150 | +€515 | +6.7% |
| Gross operating margin | 9900 | €1,292,938 | €1,160,140 | -€132,798 | -10.3% |
| Operating profit (loss) | 9901 | €474,085 | €291,759 | -€182,326 | -38.5% |
| Financial income | 75/76B | €9 | €12 | +€3 | +30.9% |
| Recurring financial income | 75 | €9 | €12 | +€3 | +30.9% |
| Financial charges | 65/66B | €20,458 | €18,618 | -€1,840 | -9.0% |
| Recurring financial charges | 65 | €20,458 | €18,618 | -€1,840 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €453,636 | €273,153 | -€180,483 | -39.8% |
| Transfer to deferred taxes | 680 | - | €1 | +€1 | |
| Income taxes | 67/77 | €141,305 | €83,998 | -€57,308 | -40.6% |
| Profit (loss) for the period | 9904 | €312,331 | €189,155 | -€123,176 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €312,331 | €189,155 | -€123,176 | -39.4% |
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 11 October 2026 via checked.be.