MIRO: 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.
MIRO
Largest movements
- Cash -€30,175
down €30,175 (-14.3%), from €211,574 to €181,399
mainly Investment in fixed assets (net) (-€27,929) and Tax, wage and social debts (-€14,609)
- Tangible fixed assets +€22,418
up €22,418 (+1005.2%), from €2,230 to €24,648
- Receivables within one year +€14,550
up €14,550 (+36.7%), from €39,644 to €54,194
of which Other amounts receivable: +€14,039
- Stocks and contracts -€10,851
down €10,851 (-10.2%), from €105,866 to €95,015
- Reserves +€21,428
up €21,428 (+7.9%), from €271,441 to €292,869
of which Distributable reserves: +€21,428
- Tax, wage and social debts -€14,609
down €14,609 (-28.8%), from €50,666 to €36,057
of which Remuneration and social security: -€13,413
- Trade debts -€11,337
down €11,337 (-33.4%), from €33,976 to €22,638
- Staff costs +€26,831
up €26,831 (+24.6%), from €108,996 to €135,827
- Taxes -€11,899
down €11,899 (-53.7%), from €22,178 to €10,279
- Gross operating margin -€8,370
down €8,370 (-5.0%), from €168,218 to €159,847
- Depreciation +€5,195
up €5,195 (+1617.3%), from €321 to €5,516
- Write-downs -€2,147
down €2,147 (-100.0%), from €2,147 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,189 | €360,962 | -€2,227 | -0.6% |
| Fixed assets | 21/28 | €2,772 | €25,185 | +€22,413 | +808.6% |
| Tangible fixed assets | 22/27 | €2,230 | €24,648 | +€22,418 | +1005.2% |
| Furniture and vehicles | 24 | €2,230 | €24,648 | +€22,418 | +1005.2% |
| Financial fixed assets | 28 | €542 | €537 | -€5 | -0.9% |
| Current assets | 29/58 | €360,418 | €335,777 | -€24,640 | -6.8% |
| Stocks and contracts in progress | 3 | €105,866 | €95,015 | -€10,851 | -10.2% |
| Stocks | 30/36 | €105,866 | €95,015 | -€10,851 | -10.2% |
| Amounts receivable within one year | 40/41 | €39,644 | €54,194 | +€14,550 | +36.7% |
| Trade receivables | 40 | €35,464 | €35,975 | +€511 | +1.4% |
| Other amounts receivable | 41 | €4,180 | €18,219 | +€14,039 | +335.8% |
| Cash at bank and in hand | 54/58 | €211,574 | €181,399 | -€30,175 | -14.3% |
| Deferred charges and accrued income | 490/1 | €3,334 | €5,169 | +€1,836 | +55.1% |
| Total equity and liabilities | 10/49 | €363,189 | €360,962 | -€2,227 | -0.6% |
| Equity | 10/15 | €277,641 | €299,069 | +€21,428 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €271,441 | €292,869 | +€21,428 | +7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €271,441 | €292,869 | +€21,428 | +7.9% |
| Amounts payable | 17/49 | €85,548 | €61,893 | -€23,655 | -27.7% |
| Amounts payable within one year | 42/48 | €85,548 | €61,893 | -€23,655 | -27.7% |
| Trade debts | 44 | €33,976 | €22,638 | -€11,337 | -33.4% |
| Suppliers | 440/4 | €33,976 | €22,638 | -€11,337 | -33.4% |
| Advances received on contracts in progress | 46 | €790 | €1,016 | +€226 | +28.6% |
| Taxes, remuneration and social security | 45 | €50,666 | €36,057 | -€14,609 | -28.8% |
| Taxes | 450/3 | €24,822 | €23,625 | -€1,196 | -4.8% |
| Remuneration and social security | 454/9 | €25,844 | €12,431 | -€13,413 | -51.9% |
| Other amounts payable | 47/48 | €117 | €2,182 | +€2,065 | +1765.2% |
| Non-recurring operating income | 76A | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €108,996 | €135,827 | +€26,831 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | €5,516 | +€5,195 | +1617.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,147 | €0 | -€2,147 | -100.0% |
| Other operating charges | 640/8 | €841 | €1,649 | +€808 | +96.1% |
| Gross operating margin | 9900 | €168,218 | €159,847 | -€8,370 | -5.0% |
| Operating profit (loss) | 9901 | €55,913 | €16,855 | -€39,058 | -69.9% |
| Financial income | 75/76B | €14,530 | €15,619 | +€1,089 | +7.5% |
| Recurring financial income | 75 | €14,530 | €15,619 | +€1,089 | +7.5% |
| Financial charges | 65/66B | €688 | €767 | +€79 | +11.5% |
| Recurring financial charges | 65 | €688 | €767 | +€79 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €69,755 | €31,707 | -€38,048 | -54.5% |
| Income taxes | 67/77 | €22,178 | €10,279 | -€11,899 | -53.7% |
| Profit (loss) for the period | 9904 | €47,577 | €21,428 | -€26,149 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,577 | €21,428 | -€26,149 | -55.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.