MIROAG: 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.
MIROAG
Largest movements
- Cash +€3,165
up €3,165 (+9.3%), from €34,153 to €37,318
mainly Net result for the year (+€22,897) and Receivables within one year (+€2,148)
- Receivables within one year -€2,148
down €2,148 (-14.0%), from €15,312 to €13,164
of which Trade receivables: -€2,140
- Profit (loss) carried forward +€7,897
up €7,897 (+76.8%), from €10,286 to €18,184
- Other debts -€5,044
down €5,044 (-15.1%), from €33,302 to €28,259
- Trade debts -€1,897
down €1,897 (-95.9%), from €1,978 to €80
- Gross operating margin -€3,747
down €3,747 (-10.7%), from €35,145 to €31,397
- Taxes -€3,468
down €3,468 (-46.6%), from €7,445 to €3,976
- Depreciation -€1,182
down €1,182 (-47.6%), from €2,482 to €1,300
- Other operating charges +€719
up €719 (+29.5%), from €2,432 to €3,151
- Financial charges -€495
down €495 (-70.0%), from €707 to €213
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 | €50,811 | €52,071 | +€1,260 | +2.5% |
| Fixed assets | 21/28 | €1,143 | €1,590 | +€447 | +39.1% |
| Tangible fixed assets | 22/27 | €1,143 | €1,590 | +€447 | +39.1% |
| Plant, machinery and equipment | 23 | €1,143 | €1,590 | +€447 | +39.1% |
| Current assets | 29/58 | €49,668 | €50,482 | +€813 | +1.6% |
| Amounts receivable within one year | 40/41 | €15,312 | €13,164 | -€2,148 | -14.0% |
| Trade receivables | 40 | €14,440 | €12,300 | -€2,140 | -14.8% |
| Other amounts receivable | 41 | €872 | €864 | -€7 | -0.8% |
| Cash at bank and in hand | 54/58 | €34,153 | €37,318 | +€3,165 | +9.3% |
| Deferred charges and accrued income | 490/1 | €204 | - | -€204 | |
| Total equity and liabilities | 10/49 | €50,811 | €52,071 | +€1,260 | +2.5% |
| Equity | 10/15 | €13,586 | €21,484 | +€7,897 | +58.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,286 | €18,184 | +€7,897 | +76.8% |
| Amounts payable | 17/49 | €37,225 | €30,588 | -€6,637 | -17.8% |
| Amounts payable within one year | 42/48 | €37,225 | €30,588 | -€6,637 | -17.8% |
| Trade debts | 44 | €1,978 | €80 | -€1,897 | -95.9% |
| Suppliers | 440/4 | €1,978 | €80 | -€1,897 | -95.9% |
| Taxes, remuneration and social security | 45 | €1,945 | €2,249 | +€304 | +15.6% |
| Taxes | 450/3 | €1,945 | - | -€1,945 | |
| Remuneration and social security | 454/9 | - | €2,249 | +€2,249 | |
| Other amounts payable | 47/48 | €33,302 | €28,259 | -€5,044 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,482 | €1,300 | -€1,182 | -47.6% |
| Other operating charges | 640/8 | €2,432 | €3,151 | +€719 | +29.5% |
| Gross operating margin | 9900 | €35,145 | €31,397 | -€3,747 | -10.7% |
| Operating profit (loss) | 9901 | €30,230 | €26,947 | -€3,284 | -10.9% |
| Financial income | 75/76B | €59 | €140 | +€81 | +135.8% |
| Recurring financial income | 75 | €59 | €140 | +€81 | +135.8% |
| Financial charges | 65/66B | €707 | €213 | -€495 | -70.0% |
| Recurring financial charges | 65 | €707 | €213 | -€495 | -70.0% |
| Profit (loss) for the period before taxes | 9903 | €29,582 | €26,874 | -€2,709 | -9.2% |
| Income taxes | 67/77 | €7,445 | €3,976 | -€3,468 | -46.6% |
| Profit (loss) for the period | 9904 | €22,138 | €22,897 | +€760 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,138 | €22,897 | +€760 | +3.4% |
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 10 October 2026 via checked.be.