MIRO CREATION: 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 CREATION
Largest movements
- Receivables within one year +€8,238
up €8,238 (+42.3%), from €19,482 to €27,720
of which Other amounts receivable: +€9,135
- Cash -€6,733
down €6,733 (-3.0%), from €221,425 to €214,692
mainly Receivables within one year (-€8,238) and Short-term financial debts (-€5,863)
- Tangible fixed assets -€4,636
down €4,636 (-15.3%), from €30,313 to €25,677
of which Land and buildings: -€3,284
- Short-term financial debts -€5,863
no longer reported in 2025 (was €5,863)
- Reserves +€4,254
up €4,254 (+2.5%), from €173,164 to €177,418
- Tax, wage and social debts -€4,010
down €4,010 (-36.8%), from €10,901 to €6,891
of which Taxes: -€2,104
- Trade debts +€3,536
up €3,536 (+141.9%), from €2,491 to €6,027
- Gross operating margin -€44,348
down €44,348 (-42.3%), from €104,810 to €60,462
- Taxes -€11,091
down €11,091 (-74.5%), from €14,892 to €3,801
- Staff costs -€4,237
down €4,237 (-9.0%), from €47,158 to €42,921
- Financial charges -€3,115
down €3,115 (-86.0%), from €3,622 to €507
- Other operating charges -€1,624
down €1,624 (-27.1%), from €5,991 to €4,368
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 | €282,221 | €279,072 | -€3,149 | -1.1% |
| Fixed assets | 21/28 | €30,313 | €25,677 | -€4,636 | -15.3% |
| Tangible fixed assets | 22/27 | €30,313 | €25,677 | -€4,636 | -15.3% |
| Land and buildings | 22 | €28,532 | €25,248 | -€3,284 | -11.5% |
| Plant, machinery and equipment | 23 | €1,779 | - | -€1,779 | |
| Furniture and vehicles | 24 | €2 | €429 | +€427 | +19860.0% |
| Current assets | 29/58 | €251,907 | €253,395 | +€1,488 | +0.6% |
| Stocks and contracts in progress | 3 | €4,362 | €3,076 | -€1,286 | -29.5% |
| Stocks | 30/36 | €4,362 | €3,076 | -€1,286 | -29.5% |
| Amounts receivable within one year | 40/41 | €19,482 | €27,720 | +€8,238 | +42.3% |
| Trade receivables | 40 | €19,482 | €18,585 | -€898 | -4.6% |
| Other amounts receivable | 41 | - | €9,135 | +€9,135 | |
| Cash at bank and in hand | 54/58 | €221,425 | €214,692 | -€6,733 | -3.0% |
| Deferred charges and accrued income | 490/1 | €6,638 | €7,908 | +€1,269 | +19.1% |
| Total equity and liabilities | 10/49 | €282,221 | €279,072 | -€3,149 | -1.1% |
| Equity | 10/15 | €230,764 | €235,018 | +€4,254 | +1.8% |
| Contributions | 10/11 | €57,600 | €57,600 | = | 0.0% |
| Reserves | 13 | €173,164 | €177,418 | +€4,254 | +2.5% |
| Distributable reserves | 133 | €173,164 | €177,418 | +€4,254 | +2.5% |
| Amounts payable | 17/49 | €51,457 | €44,055 | -€7,403 | -14.4% |
| Amounts payable within one year | 42/48 | €49,900 | €42,238 | -€7,662 | -15.4% |
| Financial debts | 43 | €5,863 | - | -€5,863 | |
| Credit institutions | 430/8 | €5,863 | - | -€5,863 | |
| Trade debts | 44 | €2,491 | €6,027 | +€3,536 | +141.9% |
| Suppliers | 440/4 | €2,491 | €6,027 | +€3,536 | +141.9% |
| Taxes, remuneration and social security | 45 | €10,901 | €6,891 | -€4,010 | -36.8% |
| Taxes | 450/3 | €5,524 | €3,420 | -€2,104 | -38.1% |
| Remuneration and social security | 454/9 | €5,377 | €3,471 | -€1,906 | -35.5% |
| Other amounts payable | 47/48 | €30,645 | €29,320 | -€1,325 | -4.3% |
| Accrued charges and deferred income | 492/3 | €1,557 | €1,817 | +€260 | +16.7% |
| Remuneration, social security and pensions | 62 | €47,158 | €42,921 | -€4,237 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,273 | €5,167 | -€1,106 | -17.6% |
| Other operating charges | 640/8 | €5,991 | €4,368 | -€1,624 | -27.1% |
| Gross operating margin | 9900 | €104,810 | €60,462 | -€44,348 | -42.3% |
| Operating profit (loss) | 9901 | €45,387 | €8,006 | -€37,381 | -82.4% |
| Financial income | 75/76B | €1,069 | €556 | -€513 | -48.0% |
| Recurring financial income | 75 | €1,069 | €556 | -€513 | -48.0% |
| Financial charges | 65/66B | €3,622 | €507 | -€3,115 | -86.0% |
| Recurring financial charges | 65 | €3,622 | €507 | -€3,115 | -86.0% |
| Profit (loss) for the period before taxes | 9903 | €42,835 | €8,055 | -€34,780 | -81.2% |
| Income taxes | 67/77 | €14,892 | €3,801 | -€11,091 | -74.5% |
| Profit (loss) for the period | 9904 | €27,942 | €4,254 | -€23,688 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,942 | €4,254 | -€23,688 | -84.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.