MIRRORMAN: 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.
MIRRORMAN
Largest movements
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Cash +€48,332
up €48,332 (+64.2%), from €75,294 to €123,625
mainly Current investments (+€60,000) and Net result for the year (+€17,230)
- Receivables within one year +€17,955
up €17,955 (+103%), from €17,513 to €35,467
of which Trade receivables: +€25,118
- Tangible fixed assets -€13,256
down €13,256 (-40.9%), from €32,393 to €19,137
- Profit (loss) carried forward +€17,230
up €17,230 (+26.4%), from €65,244 to €82,474
- Reserves -€14,118
down €14,118 (-17.2%), from €82,298 to €68,180
- Tax, wage and social debts -€9,395
down €9,395 (-61.6%), from €15,240 to €5,845
of which Taxes: -€7,120
- Other debts +€2,715
up €2,715 (+19.2%), from €14,118 to €16,832
- Gross operating margin +€26,434
up €26,434 (+347%), from €7,619 to €34,053
- Taxes +€4,277
up €4,277 (+2,282%), from €187 to €4,465
- Financial income +€631
up €631 (+43.5%), from €1,448 to €2,079
of which Financial income: +€631
- Depreciation +€406
up €406 (+3.2%), from €12,850 to €13,256
- Other operating charges -€382
down €382 (-37.6%), from €1,016 to €635
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.
Derived cash bridge
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 | €185,826 | €179,854 | -€5,973 | -3.2% |
| Fixed assets | 21/28 | €32,433 | €19,177 | -€13,256 | -40.9% |
| Tangible fixed assets | 22/27 | €32,393 | €19,137 | -€13,256 | -40.9% |
| Furniture and vehicles | 24 | €32,393 | €19,137 | -€13,256 | -40.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €153,393 | €160,677 | +€7,284 | +4.7% |
| Amounts receivable within one year | 40/41 | €17,513 | €35,467 | +€17,955 | +103% |
| Trade receivables | 40 | €9,846 | €34,964 | +€25,118 | +255% |
| Other amounts receivable | 41 | €7,667 | €503 | -€7,164 | -93.4% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €75,294 | €123,625 | +€48,332 | +64.2% |
| Deferred charges and accrued income | 490/1 | €587 | €1,584 | +€997 | +170% |
| Total equity and liabilities | 10/49 | €185,826 | €179,854 | -€5,973 | -3.2% |
| Equity | 10/15 | €153,742 | €156,855 | +€3,113 | +2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,298 | €68,180 | -€14,118 | -17.2% |
| Distributable reserves | 133 | €82,298 | €68,180 | -€14,118 | -17.2% |
| Profit (loss) carried forward | 14 | €65,244 | €82,474 | +€17,230 | +26.4% |
| Amounts payable | 17/49 | €32,084 | €22,999 | -€9,085 | -28.3% |
| Amounts payable within one year | 42/48 | €30,581 | €22,999 | -€7,582 | -24.8% |
| Trade debts | 44 | €1,224 | €322 | -€902 | -73.7% |
| Suppliers | 440/4 | €1,224 | €322 | -€902 | -73.7% |
| Taxes, remuneration and social security | 45 | €15,240 | €5,845 | -€9,395 | -61.6% |
| Taxes | 450/3 | €12,965 | €5,845 | -€7,120 | -54.9% |
| Remuneration and social security | 454/9 | €2,275 | €0 | -€2,275 | -100% |
| Other amounts payable | 47/48 | €14,118 | €16,832 | +€2,715 | +19.2% |
| Accrued charges and deferred income | 492/3 | €1,503 | €0 | -€1,503 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,850 | €13,256 | +€406 | +3.2% |
| Other operating charges | 640/8 | €1,016 | €635 | -€382 | -37.6% |
| Non-recurring operating charges | 66A | €221 | €0 | -€221 | -100% |
| Gross operating margin | 9900 | €7,619 | €34,053 | +€26,434 | +347% |
| Operating profit (loss) | 9901 | -€6,468 | €20,162 | +€26,630 | |
| Financial income | 75/76B | €1,448 | €2,079 | +€631 | +43.5% |
| Recurring financial income | 75 | €1,448 | €2,079 | +€631 | +43.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €283 | €546 | +€263 | +93.1% |
| Recurring financial charges | 65 | €283 | €546 | +€263 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,303 | €21,695 | +€26,997 | |
| Income taxes | 67/77 | €187 | €4,465 | +€4,277 | +2,282% |
| Profit (loss) for the period | 9904 | -€5,490 | €17,230 | +€22,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,490 | €17,230 | +€22,720 |
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 17 October 2026 via checked.be.