MIRSADA SOFTWARE ENTERPRISE: 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.
MIRSADA SOFTWARE ENTERPRISE
Largest movements
- Tangible fixed assets -€38,607
down €38,607 (-10.0%), from €384,736 to €346,130
of which Land and buildings: -€22,073
- Current investments -€12,752
down €12,752 (-70.8%), from €18,008 to €5,256
- Receivables within one year -€11,799
down €11,799 (-29.7%), from €39,734 to €27,935
of which Trade receivables: -€25,673
- Reserves -€26,657
down €26,657 (-7.6%), from €349,431 to €322,774
- Debts after one year -€15,187
down €15,187 (-41.7%), from €36,450 to €21,263
- Other debts -€10,048
no longer reported in 2025 (was €10,048)
- Tax, wage and social debts -€10,022
down €10,022 (-51.3%), from €19,530 to €9,508
- Trade debts -€4,465
down €4,465 (-74.0%), from €6,030 to €1,565
- Gross operating margin -€84,511
down €84,511 (-60.2%), from €140,423 to €55,913
- Taxes -€23,856
down €23,856 (-82.0%), from €29,079 to €5,223
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 | €445,441 | €381,254 | -€64,187 | -14.4% |
| Fixed assets | 21/28 | €384,736 | €346,130 | -€38,607 | -10.0% |
| Tangible fixed assets | 22/27 | €384,736 | €346,130 | -€38,607 | -10.0% |
| Land and buildings | 22 | €330,343 | €308,270 | -€22,073 | -6.7% |
| Plant, machinery and equipment | 23 | €562 | €375 | -€187 | -33.3% |
| Furniture and vehicles | 24 | €53,831 | €37,485 | -€16,346 | -30.4% |
| Current assets | 29/58 | €60,705 | €35,125 | -€25,580 | -42.1% |
| Amounts receivable within one year | 40/41 | €39,734 | €27,935 | -€11,799 | -29.7% |
| Trade receivables | 40 | €39,734 | €14,061 | -€25,673 | -64.6% |
| Other amounts receivable | 41 | - | €13,875 | +€13,875 | |
| Current investments | 50/53 | €18,008 | €5,256 | -€12,752 | -70.8% |
| Cash at bank and in hand | 54/58 | €320 | - | -€320 | |
| Deferred charges and accrued income | 490/1 | €2,642 | €1,933 | -€709 | -26.8% |
| Total equity and liabilities | 10/49 | €445,441 | €381,254 | -€64,187 | -14.4% |
| Equity | 10/15 | €355,631 | €328,974 | -€26,657 | -7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €349,431 | €322,774 | -€26,657 | -7.6% |
| Distributable reserves | 133 | €349,431 | €322,774 | -€26,657 | -7.6% |
| Amounts payable | 17/49 | €89,810 | €52,281 | -€37,530 | -41.8% |
| Amounts payable after more than one year | 17 | €36,450 | €21,263 | -€15,187 | -41.7% |
| Financial debts | 170/4 | €36,450 | €21,263 | -€15,187 | -41.7% |
| Amounts payable within one year | 42/48 | €53,360 | €31,018 | -€22,342 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €14,565 | €15,187 | +€622 | +4.3% |
| Financial debts | 43 | €3,187 | €4,757 | +€1,570 | +49.3% |
| Credit institutions | 430/8 | €3,187 | €4,757 | +€1,570 | +49.3% |
| Trade debts | 44 | €6,030 | €1,565 | -€4,465 | -74.0% |
| Suppliers | 440/4 | €6,030 | €1,565 | -€4,465 | -74.0% |
| Taxes, remuneration and social security | 45 | €19,530 | €9,508 | -€10,022 | -51.3% |
| Taxes | 450/3 | €19,530 | €9,508 | -€10,022 | -51.3% |
| Other amounts payable | 47/48 | €10,048 | - | -€10,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,607 | €38,607 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,781 | €3,602 | -€1,180 | -24.7% |
| Gross operating margin | 9900 | €140,423 | €55,913 | -€84,511 | -60.2% |
| Operating profit (loss) | 9901 | €97,035 | €13,704 | -€83,331 | -85.9% |
| Financial income | 75/76B | €8 | €900 | +€892 | +11119.7% |
| Recurring financial income | 75 | €8 | €900 | +€892 | +11119.7% |
| Financial charges | 65/66B | €4,280 | €2,966 | -€1,314 | -30.7% |
| Recurring financial charges | 65 | €4,280 | €2,966 | -€1,314 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €92,763 | €11,638 | -€81,125 | -87.5% |
| Income taxes | 67/77 | €29,079 | €5,223 | -€23,856 | -82.0% |
| Profit (loss) for the period | 9904 | €63,684 | €6,416 | -€57,269 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,684 | €6,416 | -€57,269 | -89.9% |
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 12 October 2026 via checked.be.