MIROLU: 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.
MIROLU
Largest movements
- Cash +€40,170
up €40,170 (+157.3%), from €25,541 to €65,711
mainly Receivables within one year (+€36,326) and Net result for the year (+€20,639)
- Receivables within one year -€36,326
down €36,326 (-26.7%), from €136,074 to €99,747
of which Other amounts receivable: -€37,310
- Reserves +€340,103
up €340,103 (+3251.5%), from €10,460 to €350,563
of which Distributable reserves: +€341,963
- Profit (loss) carried forward -€320,297
no longer reported in 2025 (was €320,297)
- Tax, wage and social debts -€17,510
down €17,510 (-28.8%), from €60,765 to €43,256
of which Taxes: -€18,434
- Gross operating margin +€30,901
up €30,901 (+140.3%), from €22,024 to €52,925
- Financial income -€6,782
down €6,782 (-81.0%), from €8,377 to €1,594
- Taxes +€6,299
up €6,299 (+69.7%), from €9,032 to €15,331
- Financial charges +€3,226
up €3,226 (+192.2%), from €1,678 to €4,905
- Depreciation -€2,149
down €2,149 (-21.8%), from €9,858 to €7,709
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 | €429,435 | €433,944 | +€4,509 | +1.1% |
| Fixed assets | 21/28 | €162,821 | €163,486 | +€665 | +0.4% |
| Tangible fixed assets | 22/27 | €39,244 | €39,909 | +€665 | +1.7% |
| Land and buildings | 22 | €27,882 | €22,000 | -€5,882 | -21.1% |
| Plant, machinery and equipment | 23 | €904 | €652 | -€253 | -27.9% |
| Furniture and vehicles | 24 | €4,545 | €8,359 | +€3,814 | +83.9% |
| Other tangible fixed assets | 26 | €5,913 | €8,898 | +€2,985 | +50.5% |
| Financial fixed assets | 28 | €123,577 | €123,577 | = | 0.0% |
| Current assets | 29/58 | €266,614 | €270,458 | +€3,844 | +1.4% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €136,074 | €99,747 | -€36,326 | -26.7% |
| Trade receivables | 40 | €40,651 | €41,635 | +€984 | +2.4% |
| Other amounts receivable | 41 | €95,423 | €58,113 | -€37,310 | -39.1% |
| Cash at bank and in hand | 54/58 | €25,541 | €65,711 | +€40,170 | +157.3% |
| Total equity and liabilities | 10/49 | €429,435 | €433,944 | +€4,509 | +1.1% |
| Equity | 10/15 | €349,357 | €369,163 | +€19,806 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,460 | €350,563 | +€340,103 | +3251.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €8,600 | €350,563 | +€341,963 | +3976.3% |
| Profit (loss) carried forward | 14 | €320,297 | - | -€320,297 | |
| Amounts payable | 17/49 | €80,078 | €64,781 | -€15,297 | -19.1% |
| Amounts payable within one year | 42/48 | €80,078 | €63,625 | -€16,453 | -20.5% |
| Trade debts | 44 | €16,313 | €16,537 | +€224 | +1.4% |
| Suppliers | 440/4 | €16,313 | €16,537 | +€224 | +1.4% |
| Taxes, remuneration and social security | 45 | €60,765 | €43,256 | -€17,510 | -28.8% |
| Taxes | 450/3 | €58,636 | €40,203 | -€18,434 | -31.4% |
| Remuneration and social security | 454/9 | €2,129 | €3,053 | +€924 | +43.4% |
| Other amounts payable | 47/48 | €3,000 | €3,833 | +€833 | +27.8% |
| Accrued charges and deferred income | 492/3 | - | €1,156 | +€1,156 | |
| Non-recurring operating income | 76A | - | €8,230 | +€8,230 | |
| Remuneration, social security and pensions | 62 | - | €1,671 | +€1,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,858 | €7,709 | -€2,149 | -21.8% |
| Other operating charges | 640/8 | €1,180 | €999 | -€181 | -15.4% |
| Non-recurring operating charges | 66A | - | €3,267 | +€3,267 | |
| Gross operating margin | 9900 | €22,024 | €52,925 | +€30,901 | +140.3% |
| Operating profit (loss) | 9901 | €10,987 | €39,280 | +€28,293 | +257.5% |
| Financial income | 75/76B | €8,377 | €1,594 | -€6,782 | -81.0% |
| Recurring financial income | 75 | €8,377 | €1,594 | -€6,782 | -81.0% |
| Financial charges | 65/66B | €1,678 | €4,905 | +€3,226 | +192.2% |
| Recurring financial charges | 65 | €1,678 | €4,905 | +€3,226 | +192.2% |
| Profit (loss) for the period before taxes | 9903 | €17,685 | €35,970 | +€18,285 | +103.4% |
| Income taxes | 67/77 | €9,032 | €15,331 | +€6,299 | +69.7% |
| Profit (loss) for the period | 9904 | €8,654 | €20,639 | +€11,986 | +138.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,654 | €20,639 | +€11,986 | +138.5% |
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 9 October 2026 via checked.be.