MIRTO: 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.
What changed
MIRTO
NACE 88.993, Social work activities without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€113,147
2024 · -€116,848+€3,701
Equity
€5.1m
2024 · €5.2m-€128,688
Cash
€1.2m
2024 · €1.1m+€78,037
Balance sheet total
€9.9m
2024 · €10.0m-€97,305
Largest movements
Assets
- Current investments +€499,758
up €499,758 (+206,307%), from €242 to €500,000
- Receivables within one year -€483,862
down €483,862 (-23.3%), from €2.1m to €1.6m
of which Other amounts receivable: -€479,389
- Tangible fixed assets -€210,014
down €210,014 (-3.3%), from €6.4m to €6.1m
of which Land and buildings: -€166,986
Equity and liabilities
- Debts within one year +€171,548
up €171,548 (+9.3%), from €1.8m to €2.0m
of which Tax, wage and social debts: +€118,477
- Debts after one year -€166,466
down €166,466 (-5.9%), from €2.8m to €2.7m
- Profit (loss) carried forward -€113,147
down €113,147 (-9.0%), from -€1.3m to -€1.4m
Income statement
- Staff costs -€521,456
down €521,456 (-5.1%), from €10.2m to €9.6m
- Turnover -€239,193
down €239,193 (-3.5%), from €6.8m to €6.6m
- Services and other goods -€121,377
down €121,377 (-7.5%), from €1.6m to €1.5m
- Goods and materials -€70,258
down €70,258 (-3.2%), from €2.2m to €2.1m
of which Purchases: -€77,658
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.
Result 2024
-€116,848
Turnover
-€239,193
Other operating income
+€539
Goods and materials
+€70,258
Services and other goods
+€121,377
Staff costs
+€521,456
Depreciation
-€48,675
Other operating charges
+€7,040
Other operating items
-€380,266
Financial income
-€23,978
Financial charges
-€24,856
Result 2025
-€113,147
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€748,770
Financing
-€182,007
Cash 2024
€1.1m
From operations (derived)
+€1.0m
Net result for the year
-€113,147
Depreciation
+€461,566
Stocks and contracts
+€45,159
Receivables within one year
+€483,862
Deferred charges and accrued income
-€66,475
Provisions
-€16,112
Debts within one year
+€171,548
Accrued charges and deferred income
+€42,413
Investment (derived)
-€748,770
Investment in fixed assets (net)
-€249,012
Current investments
-€499,758
Financing
-€182,007
Debts after one year
-€166,466
Contributions, distributions and other
-€15,541
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,952,016 | €9,854,711 | -€97,305 | -1.0% |
| Fixed assets | 21/28 | €6,422,805 | €6,210,251 | -€212,554 | -3.3% |
| Tangible fixed assets | 22/27 | €6,352,391 | €6,142,377 | -€210,014 | -3.3% |
| Land and buildings | 22 | €5,685,219 | €5,518,233 | -€166,986 | -2.9% |
| Plant, machinery and equipment | 23 | €356,469 | €354,832 | -€1,637 | -0.5% |
| Furniture and vehicles | 24 | €270,896 | €240,431 | -€30,466 | -11.2% |
| Leasing and similar rights | 25 | €39,806 | €28,881 | -€10,925 | -27.4% |
| Financial fixed assets | 28 | €70,414 | €67,874 | -€2,540 | -3.6% |
| Other financial fixed assets | 284/8 | €70,414 | €67,874 | -€2,540 | -3.6% |
| Amounts receivable and cash guarantees | 285/8 | €70,414 | €67,874 | -€2,540 | -3.6% |
| Current assets | 29/58 | €3,529,211 | €3,644,460 | +€115,249 | +3.3% |
| Stocks and contracts in progress | 3 | €293,743 | €248,584 | -€45,159 | -15.4% |
| Stocks | 30/36 | €293,743 | €248,584 | -€45,159 | -15.4% |
| Raw materials and consumables | 30/31 | €198,967 | €183,873 | -€15,094 | -7.6% |
| Work in progress | 32 | €94,777 | €64,711 | -€30,065 | -31.7% |
| Amounts receivable within one year | 40/41 | €2,078,369 | €1,594,508 | -€483,862 | -23.3% |
| Trade receivables | 40 | €1,455,537 | €1,451,064 | -€4,473 | -0.3% |
| Other amounts receivable | 41 | €622,832 | €143,444 | -€479,389 | -77.0% |
| Current investments | 50/53 | €242 | €500,000 | +€499,758 | +206,307% |
| Cash at bank and in hand | 54/58 | €1,091,162 | €1,169,200 | +€78,037 | +7.2% |
| Deferred charges and accrued income | 490/1 | €65,694 | €132,169 | +€66,475 | +101% |
| Total equity and liabilities | 10/49 | €9,952,016 | €9,854,711 | -€97,305 | -1.0% |
| Equity | 10/15 | €5,184,345 | €5,055,657 | -€128,688 | -2.5% |
| Contributions | 10/11 | €1,487,361 | €1,487,361 | = | 0.0% |
| Capital | 10 | €1,487,361 | €1,487,361 | = | 0.0% |
| Reserves | 13 | €4,923,027 | €4,923,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,255,705 | -€1,368,852 | -€113,147 | -9.0% |
| Investment grants | 15 | €29,662 | €14,121 | -€15,541 | -52.4% |
| Provisions and deferred taxes | 16 | €45,275 | €29,163 | -€16,112 | -35.6% |
| Provisions for liabilities and charges | 160/5 | €45,275 | €29,163 | -€16,112 | -35.6% |
| Pensions and similar obligations | 160 | €29,143 | €12,840 | -€16,303 | -55.9% |
| Major repairs and maintenance | 162 | €6,566 | €6,566 | = | 0.0% |
| Other liabilities and charges | 164/5 | €9,565 | €9,757 | +€191 | +2.0% |
| Amounts payable | 17/49 | €4,722,396 | €4,769,891 | +€47,495 | +1.0% |
| Amounts payable after more than one year | 17 | €2,827,356 | €2,660,890 | -€166,466 | -5.9% |
| Financial debts | 170/4 | €2,827,356 | €2,660,890 | -€166,466 | -5.9% |
| Leasing and similar obligations | 172 | €29,697 | €18,594 | -€11,103 | -37.4% |
| Credit institutions | 173 | €2,797,659 | €2,642,296 | -€155,363 | -5.6% |
| Amounts payable within one year | 42/48 | €1,847,035 | €2,018,583 | +€171,548 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €162,426 | €166,470 | +€4,044 | +2.5% |
| Trade debts | 44 | €476,836 | €530,057 | +€53,221 | +11.2% |
| Suppliers | 440/4 | €476,836 | €530,057 | +€53,221 | +11.2% |
| Taxes, remuneration and social security | 45 | €1,193,293 | €1,311,770 | +€118,477 | +9.9% |
| Taxes | 450/3 | €239,204 | €236,513 | -€2,690 | -1.1% |
| Remuneration and social security | 454/9 | €954,089 | €1,075,257 | +€121,167 | +12.7% |
| Accrued charges and deferred income | 492/3 | €48,005 | €90,418 | +€42,413 | +88.4% |
| Operating income | 70/76A | €14,282,957 | €13,671,041 | -€611,916 | -4.3% |
| Turnover | 70 | €6,824,280 | €6,585,087 | -€239,193 | -3.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €75,783 | -€30,065 | -€105,848 | |
| Membership fees, donations, legacies and grants | 73 | €7,201,523 | €6,944,532 | -€256,991 | -3.6% |
| Other operating income | 74 | €139,332 | €139,871 | +€539 | +0.4% |
| Non-recurring operating income | 76A | €42,039 | €31,617 | -€10,422 | -24.8% |
| Operating charges | 60/66A | €14,394,981 | €13,730,529 | -€664,451 | -4.6% |
| Goods for resale, raw materials and consumables | 60 | €2,177,774 | €2,107,517 | -€70,258 | -3.2% |
| Purchases | 600/8 | €2,170,081 | €2,092,423 | -€77,658 | -3.6% |
| Change in stocks: decrease (increase) | 609 | €7,693 | €15,094 | +€7,400 | +96.2% |
| Services and other goods | 61 | €1,622,203 | €1,500,826 | -€121,377 | -7.5% |
| Remuneration, social security and pensions | 62 | €10,156,067 | €9,634,611 | -€521,456 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412,891 | €461,566 | +€48,675 | +11.8% |
| Other operating charges | 640/8 | €14,557 | €7,517 | -€7,040 | -48.4% |
| Non-recurring operating charges | 66A | €19,267 | €34,605 | +€15,338 | +79.6% |
| Operating profit (loss) | 9901 | -€112,024 | -€59,489 | +€52,535 | +46.9% |
| Financial income | 75/76B | €62,371 | €38,393 | -€23,978 | -38.4% |
| Recurring financial income | 75 | €62,371 | €38,393 | -€23,978 | -38.4% |
| Income from financial fixed assets | 750 | - | €34 | +€34 | |
| Income from current assets | 751 | €512 | €7,178 | +€6,666 | +1,303% |
| Other financial income | 752/9 | €61,859 | €31,181 | -€30,678 | -49.6% |
| Financial charges | 65/66B | €67,195 | €92,051 | +€24,856 | +37.0% |
| Recurring financial charges | 65 | €67,195 | €92,051 | +€24,856 | +37.0% |
| Debt charges | 650 | €64,008 | €88,675 | +€24,666 | +38.5% |
| Other financial charges | 652/9 | €3,187 | €3,376 | +€190 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€116,848 | -€113,147 | +€3,701 | +3.2% |
| Profit (loss) for the period | 9904 | -€116,848 | -€113,147 | +€3,701 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€116,848 | -€113,147 | +€3,701 | +3.2% |
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 14 October 2026 via checked.be.