MIRRE: 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.
MIRRE
Largest movements
- Tangible fixed assets +€340,964
up €340,964 (+13.3%), from €2.6m to €2.9m
of which Land and buildings: +€374,956
- Cash -€206,746
down €206,746 (-43.4%), from €476,198 to €269,452
mainly Investment in fixed assets (net) (-€470,378) and Net result for the year (-€148,836)
- Other debts +€258,906
up €258,906 (+53.2%), from €486,344 to €745,250
- Reserves -€148,836
down €148,836 (-6.5%), from €2.3m to €2.2m
of which Distributable reserves: -€148,639
- Tax, wage and social debts +€44,011
up €44,011 (+1165.6%), from €3,776 to €47,787
of which Taxes: +€46,511
- Gross operating margin -€406,531
down €406,531 (-91.0%), from €446,709 to €40,178
- Taxes -€73,382
down €73,382 (-99.3%), from €73,865 to €483
- Depreciation +€38,516
up €38,516 (+42.4%), from €90,898 to €129,414
- Financial charges -€6,037
down €6,037 (-14.5%), from €41,498 to €35,461
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 | €3,096,553 | €3,220,790 | +€124,237 | +4.0% |
| Fixed assets | 21/28 | €2,564,351 | €2,905,315 | +€340,964 | +13.3% |
| Tangible fixed assets | 22/27 | €2,564,351 | €2,905,315 | +€340,964 | +13.3% |
| Land and buildings | 22 | €2,401,680 | €2,776,636 | +€374,956 | +15.6% |
| Plant, machinery and equipment | 23 | €33,765 | €44,969 | +€11,204 | +33.2% |
| Furniture and vehicles | 24 | €128,906 | €83,710 | -€45,196 | -35.1% |
| Current assets | 29/58 | €532,202 | €315,475 | -€216,727 | -40.7% |
| Amounts receivable within one year | 40/41 | €52,616 | €37,918 | -€14,698 | -27.9% |
| Trade receivables | 40 | €25,556 | €37,918 | +€12,362 | +48.4% |
| Other amounts receivable | 41 | €27,060 | €0 | -€27,060 | -100.0% |
| Cash at bank and in hand | 54/58 | €476,198 | €269,452 | -€206,746 | -43.4% |
| Deferred charges and accrued income | 490/1 | €3,389 | €8,105 | +€4,716 | +139.2% |
| Total equity and liabilities | 10/49 | €3,096,553 | €3,220,790 | +€124,237 | +4.0% |
| Equity | 10/15 | €2,330,261 | €2,181,426 | -€148,835 | -6.4% |
| Contributions | 10/11 | €23,046 | €23,046 | -€0 | 0.0% |
| Reserves | 13 | €2,307,216 | €2,158,380 | -€148,836 | -6.5% |
| Tax-exempt reserves | 132 | €17,820 | €17,624 | -€196 | -1.1% |
| Distributable reserves | 133 | €2,289,395 | €2,140,756 | -€148,639 | -6.5% |
| Provisions and deferred taxes | 16 | €303 | €202 | -€101 | -33.2% |
| Deferred taxes | 168 | €303 | €202 | -€101 | -33.2% |
| Amounts payable | 17/49 | €765,988 | €1,039,162 | +€273,174 | +35.7% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €518,527 | €799,835 | +€281,308 | +54.3% |
| Trade debts | 44 | €28,251 | €6,798 | -€21,453 | -75.9% |
| Suppliers | 440/4 | €28,251 | €6,798 | -€21,453 | -75.9% |
| Advances received on contracts in progress | 46 | €157 | €0 | -€157 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,776 | €47,787 | +€44,011 | +1165.6% |
| Taxes | 450/3 | €1,276 | €47,787 | +€46,511 | +3645.1% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts payable | 47/48 | €486,344 | €745,250 | +€258,906 | +53.2% |
| Accrued charges and deferred income | 492/3 | €47,461 | €39,327 | -€8,134 | -17.1% |
| Non-recurring operating income | 76A | €834 | €0 | -€834 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,898 | €129,414 | +€38,516 | +42.4% |
| Other operating charges | 640/8 | €8,042 | €7,454 | -€588 | -7.3% |
| Non-recurring operating charges | 66A | €386 | €17,650 | +€17,264 | +4472.5% |
| Gross operating margin | 9900 | €446,709 | €40,178 | -€406,531 | -91.0% |
| Operating profit (loss) | 9901 | €347,383 | -€114,340 | -€461,723 | |
| Financial income | 75/76B | €4,109 | €1,346 | -€2,763 | -67.2% |
| Recurring financial income | 75 | €4,109 | €1,346 | -€2,763 | -67.2% |
| Financial charges | 65/66B | €41,498 | €35,461 | -€6,037 | -14.5% |
| Recurring financial charges | 65 | €41,498 | €35,461 | -€6,037 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €309,994 | -€148,454 | -€458,448 | |
| Transfer from deferred taxes | 780 | €101 | €101 | +€0 | +0.1% |
| Income taxes | 67/77 | €73,865 | €483 | -€73,382 | -99.3% |
| Profit (loss) for the period | 9904 | €236,230 | -€148,836 | -€385,066 | |
| Transfer from tax-exempt reserves | 789 | €196 | €196 | +€0 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €236,426 | -€148,639 | -€385,065 |
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 3 October 2026 via checked.be.