Mirova: 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.
Mirova
Largest movements
- Financial fixed assets +€391,555
up €391,555 (+131.5%), from €297,727 to €689,282
- Cash -€272,947
down €272,947 (-75.9%), from €359,840 to €86,893
mainly Investment in fixed assets (net) (-€391,555) and Other debts (-€299,155)
- Receivables after one year +€21,000
up €21,000 (+6.5%), from €325,545 to €346,545
- Profit (loss) carried forward +€535,469
up €535,469 (+1.1%), from -€47.0m to -€46.5m
- Other debts -€299,155
down €299,155 (-51.2%), from €583,743 to €284,588
- Debts after one year -€105,000
down €105,000 (-100.0%), from €105,000 to €0
- Financial income +€261,993
up €261,993 (+744.3%), from €35,202 to €297,195
- Gross operating margin +€24,997
up €24,997 (+11.5%), from €218,262 to €243,259
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 | €1,200,711 | €1,343,428 | +€142,718 | +11.9% |
| Fixed assets | 21/28 | €297,727 | €689,282 | +€391,555 | +131.5% |
| Financial fixed assets | 28 | €297,727 | €689,282 | +€391,555 | +131.5% |
| Current assets | 29/58 | €902,983 | €654,146 | -€248,837 | -27.6% |
| Amounts receivable after more than one year | 29 | €325,545 | €346,545 | +€21,000 | +6.5% |
| Other amounts receivable | 291 | €325,545 | €346,545 | +€21,000 | +6.5% |
| Amounts receivable within one year | 40/41 | €217,598 | €220,595 | +€2,997 | +1.4% |
| Trade receivables | 40 | €52,798 | €51,408 | -€1,389 | -2.6% |
| Other amounts receivable | 41 | €164,801 | €169,187 | +€4,386 | +2.7% |
| Cash at bank and in hand | 54/58 | €359,840 | €86,893 | -€272,947 | -75.9% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €1,200,711 | €1,343,428 | +€142,718 | +11.9% |
| Equity | 10/15 | €504,810 | €1,040,280 | +€535,469 | +106.1% |
| Contributions | 10/11 | €47,477,676 | €47,477,676 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,997,866 | -€46,462,397 | +€535,469 | +1.1% |
| Amounts payable | 17/49 | €695,900 | €303,149 | -€392,752 | -56.4% |
| Amounts payable after more than one year | 17 | €105,000 | €0 | -€105,000 | -100.0% |
| Financial debts | 170/4 | €105,000 | €0 | -€105,000 | -100.0% |
| Amounts payable within one year | 42/48 | €590,900 | €303,149 | -€287,752 | -48.7% |
| Trade debts | 44 | €1,744 | €10,521 | +€8,777 | +503.4% |
| Suppliers | 440/4 | €1,744 | €10,521 | +€8,777 | +503.4% |
| Taxes, remuneration and social security | 45 | €5,414 | €8,040 | +€2,626 | +48.5% |
| Taxes | 450/3 | €5,414 | €8,040 | +€2,626 | +48.5% |
| Other amounts payable | 47/48 | €583,743 | €284,588 | -€299,155 | -51.2% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €218,262 | €243,259 | +€24,997 | +11.5% |
| Operating profit (loss) | 9901 | €217,759 | €242,751 | +€24,992 | +11.5% |
| Financial income | 75/76B | €35,202 | €297,195 | +€261,993 | +744.3% |
| Recurring financial income | 75 | €35,202 | €297,195 | +€261,993 | +744.3% |
| Financial charges | 65/66B | €4,592 | €4,477 | -€115 | -2.5% |
| Recurring financial charges | 65 | €4,592 | €4,477 | -€115 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €248,369 | €535,469 | +€287,100 | +115.6% |
| Profit (loss) for the period | 9904 | €248,369 | €535,469 | +€287,100 | +115.6% |
| Profit (loss) for the period to be appropriated | 9905 | €248,369 | €535,469 | +€287,100 | +115.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.