MIRO: 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.
MIRO
Largest movements
- Deferred charges and accrued income +€11,392
up €11,392 (+151%), from €7,552 to €18,944
- Cash -€7,878
down €7,878 (-92.4%), from €8,530 to €652
mainly Net result for the year (-€18,266) and Deferred charges and accrued income (-€11,392)
- Intangible fixed assets -€6,875
down €6,875 (-76.7%), from €8,958 to €2,083
- Receivables within one year -€3,639
down €3,639 (-5.4%), from €67,314 to €63,675
of which Trade receivables: -€2,440
- Tangible fixed assets -€2,597
down €2,597 (-14.6%), from €17,804 to €15,208
of which Furniture and vehicles: -€2,740
- Profit (loss) carried forward -€18,266
down €18,266, from €2,160 to -€16,106
- Other debts +€16,837
up €16,837 (+22.3%), from €75,368 to €92,205
- Trade debts -€7,213
down €7,213 (-39.5%), from €18,276 to €11,064
- Gross operating margin -€16,963
down €16,963, from €9,433 to -€7,530
- Depreciation -€4,390
down €4,390 (-26.4%), from €16,618 to €12,228
- Taxes +€931
up €931, from -€770 to €161
- Other operating charges +€120
up €120 (+31.2%), from €384 to €504
- Financial income -€116
down €116 (-4.9%), from €2,346 to €2,230
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 | €110,158 | €100,561 | -€9,597 | -8.7% |
| Fixed assets | 21/28 | €26,763 | €17,291 | -€9,472 | -35.4% |
| Intangible fixed assets | 21 | €8,958 | €2,083 | -€6,875 | -76.7% |
| Tangible fixed assets | 22/27 | €17,804 | €15,208 | -€2,597 | -14.6% |
| Plant, machinery and equipment | 23 | €2,291 | €2,435 | +€143 | +6.3% |
| Furniture and vehicles | 24 | €15,513 | €12,773 | -€2,740 | -17.7% |
| Current assets | 29/58 | €83,395 | €83,270 | -€125 | -0.2% |
| Amounts receivable within one year | 40/41 | €67,314 | €63,675 | -€3,639 | -5.4% |
| Trade receivables | 40 | €7,561 | €5,121 | -€2,440 | -32.3% |
| Other amounts receivable | 41 | €59,752 | €58,553 | -€1,199 | -2.0% |
| Cash at bank and in hand | 54/58 | €8,530 | €652 | -€7,878 | -92.4% |
| Deferred charges and accrued income | 490/1 | €7,552 | €18,944 | +€11,392 | +151% |
| Total equity and liabilities | 10/49 | €110,158 | €100,561 | -€9,597 | -8.7% |
| Equity | 10/15 | €15,220 | -€3,046 | -€18,266 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €6,860 | €6,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,160 | -€16,106 | -€18,266 | |
| Amounts payable | 17/49 | €94,938 | €103,607 | +€8,669 | +9.1% |
| Amounts payable within one year | 42/48 | €94,938 | €103,607 | +€8,669 | +9.1% |
| Trade debts | 44 | €18,276 | €11,064 | -€7,213 | -39.5% |
| Suppliers | 440/4 | €18,276 | €11,064 | -€7,213 | -39.5% |
| Taxes, remuneration and social security | 45 | €1,293 | €338 | -€955 | -73.9% |
| Taxes | 450/3 | €1,293 | €338 | -€955 | -73.9% |
| Other amounts payable | 47/48 | €75,368 | €92,205 | +€16,837 | +22.3% |
| Non-recurring operating income | 76A | €1,326 | €1,261 | -€65 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,618 | €12,228 | -€4,390 | -26.4% |
| Other operating charges | 640/8 | €384 | €504 | +€120 | +31.2% |
| Gross operating margin | 9900 | €9,433 | -€7,530 | -€16,963 | |
| Operating profit (loss) | 9901 | -€7,569 | -€20,262 | -€12,693 | -168% |
| Financial income | 75/76B | €2,346 | €2,230 | -€116 | -4.9% |
| Recurring financial income | 75 | €2,346 | €2,230 | -€116 | -4.9% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,292 | -€18,105 | -€12,813 | -242% |
| Income taxes | 67/77 | -€770 | €161 | +€931 | |
| Profit (loss) for the period | 9904 | -€4,523 | -€18,266 | -€13,744 | -304% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,523 | -€18,266 | -€13,744 | -304% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.