Mirtex: 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.
Mirtex
Largest movements
- Cash -€23,579
down €23,579 (-95.3%), from €24,747 to €1,168
mainly Tax, wage and social debts (-€27,559) and Net result for the year (-€9,223)
- Receivables within one year -€17,170
down €17,170 (-26.8%), from €63,982 to €46,812
of which Trade receivables: -€23,252
- Tangible fixed assets -€7,985
down €7,985 (-57.6%), from €13,873 to €5,888
of which Furniture and vehicles: -€6,220
- Tax, wage and social debts -€27,559
down €27,559 (-93.5%), from €29,483 to €1,923
of which Remuneration and social security: -€17,703
- Profit (loss) carried forward -€6,923
down €6,923, from €3,784 to -€3,139
- Debts after one year -€6,098
down €6,098 (-22.5%), from €27,098 to €21,000
- Trade debts -€5,948
down €5,948 (-70.6%), from €8,426 to €2,478
- Reserves -€2,300
down €2,300 (-21.4%), from €10,750 to €8,450
- Gross operating margin -€55,794
down €55,794 (-48.1%), from €116,106 to €60,313
- Staff costs -€42,851
down €42,851 (-42.3%), from €101,259 to €58,408
- Taxes -€1,602
down €1,602 (-91.4%), from €1,753 to €151
- Depreciation -€1,581
down €1,581 (-16.5%), from €9,566 to €7,985
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 | €103,864 | €54,727 | -€49,137 | -47.3% |
| Fixed assets | 21/28 | €13,873 | €5,888 | -€7,985 | -57.6% |
| Tangible fixed assets | 22/27 | €13,873 | €5,888 | -€7,985 | -57.6% |
| Furniture and vehicles | 24 | €10,826 | €4,607 | -€6,220 | -57.4% |
| Other tangible fixed assets | 26 | €3,046 | €1,281 | -€1,766 | -58.0% |
| Current assets | 29/58 | €89,991 | €48,839 | -€41,152 | -45.7% |
| Amounts receivable within one year | 40/41 | €63,982 | €46,812 | -€17,170 | -26.8% |
| Trade receivables | 40 | €23,252 | - | -€23,252 | |
| Other amounts receivable | 41 | €40,730 | €46,812 | +€6,082 | +14.9% |
| Cash at bank and in hand | 54/58 | €24,747 | €1,168 | -€23,579 | -95.3% |
| Deferred charges and accrued income | 490/1 | €1,262 | €860 | -€403 | -31.9% |
| Total equity and liabilities | 10/49 | €103,864 | €54,727 | -€49,137 | -47.3% |
| Equity | 10/15 | €32,112 | €22,889 | -€9,223 | -28.7% |
| Contributions | 10/11 | €17,579 | €17,579 | = | 0.0% |
| Reserves | 13 | €10,750 | €8,450 | -€2,300 | -21.4% |
| Distributable reserves | 133 | €10,750 | €8,450 | -€2,300 | -21.4% |
| Profit (loss) carried forward | 14 | €3,784 | -€3,139 | -€6,923 | |
| Amounts payable | 17/49 | €71,751 | €31,838 | -€39,914 | -55.6% |
| Amounts payable after more than one year | 17 | €27,098 | €21,000 | -€6,098 | -22.5% |
| Financial debts | 170/4 | €27,098 | €21,000 | -€6,098 | -22.5% |
| Amounts payable within one year | 42/48 | €44,653 | €10,838 | -€33,816 | -75.7% |
| Current portion of amounts payable after more than one year | 42 | €5,899 | €5,599 | -€300 | -5.1% |
| Trade debts | 44 | €8,426 | €2,478 | -€5,948 | -70.6% |
| Suppliers | 440/4 | €8,426 | €2,478 | -€5,948 | -70.6% |
| Taxes, remuneration and social security | 45 | €29,483 | €1,923 | -€27,559 | -93.5% |
| Taxes | 450/3 | €11,779 | €1,923 | -€9,856 | -83.7% |
| Remuneration and social security | 454/9 | €17,703 | - | -€17,703 | |
| Other amounts payable | 47/48 | €846 | €838 | -€9 | -1.0% |
| Remuneration, social security and pensions | 62 | €101,259 | €58,408 | -€42,851 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,566 | €7,985 | -€1,581 | -16.5% |
| Other operating charges | 640/8 | €888 | €828 | -€60 | -6.7% |
| Non-recurring operating charges | 66A | €126 | €906 | +€780 | +617.9% |
| Gross operating margin | 9900 | €116,106 | €60,313 | -€55,794 | -48.1% |
| Operating profit (loss) | 9901 | €4,267 | -€7,815 | -€12,082 | |
| Financial income | 75/76B | €71 | €314 | +€243 | +340.2% |
| Recurring financial income | 75 | €71 | €314 | +€243 | +340.2% |
| Financial charges | 65/66B | €1,139 | €1,572 | +€433 | +38.0% |
| Recurring financial charges | 65 | €1,139 | €1,572 | +€433 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €3,200 | -€9,072 | -€12,272 | |
| Income taxes | 67/77 | €1,753 | €151 | -€1,602 | -91.4% |
| Profit (loss) for the period | 9904 | €1,447 | -€9,223 | -€10,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,447 | -€9,223 | -€10,670 |
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 11 October 2026 via checked.be.