Miru: 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.
Miru
Largest movements
- Cash +€84,820
new in 2025: €84,820
mainly Contributions, distributions and other (+€120,000) and Trade debts (+€55,492)
- Deferred charges and accrued income +€19,306
new in 2025: €19,306
- Receivables within one year +€10,302
up €10,302 (+21.3%), from €48,269 to €58,571
of which Trade receivables: +€41,575
- Financial fixed assets +€3,108
new in 2025: €3,108
- Contributions +€120,000
up €120,000 (+266.7%), from €45,000 to €165,000
- Trade debts +€55,492
up €55,492 (+2613.0%), from €2,124 to €57,616
- Profit (loss) carried forward -€44,175
down €44,175 (-123.3%), from -€35,836 to -€80,011
- Short-term financial debts -€25,951
down €25,951 (-92.0%), from €28,218 to €2,268
- Tax, wage and social debts +€10,473
new in 2025: €10,473
of which Taxes: +€5,270
- Staff costs +€13,559
new in 2025: €13,559
- Gross operating margin +€7,844
up €7,844 (+22.2%), from -€35,402 to -€27,558
- Financial charges +€2,219
up €2,219 (+3883.0%), from €57 to €2,276
- Financial income +€1,453
new in 2025: €1,453
- Other operating charges +€1,228
up €1,228 (+451.8%), from €272 to €1,500
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 | €49,165 | €167,388 | +€118,223 | +240.5% |
| Fixed assets | 21/28 | €896 | €4,687 | +€3,791 | +423.1% |
| Tangible fixed assets | 22/27 | €896 | €1,579 | +€683 | +76.2% |
| Plant, machinery and equipment | 23 | €896 | €563 | -€333 | -37.2% |
| Furniture and vehicles | 24 | - | €1,016 | +€1,016 | |
| Financial fixed assets | 28 | - | €3,108 | +€3,108 | |
| Current assets | 29/58 | €48,269 | €162,701 | +€114,432 | +237.1% |
| Amounts receivable within one year | 40/41 | €48,269 | €58,571 | +€10,302 | +21.3% |
| Trade receivables | 40 | €1,282 | €42,857 | +€41,575 | +3243.9% |
| Other amounts receivable | 41 | €46,988 | €15,715 | -€31,273 | -66.6% |
| Current investments | 50/53 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | - | €84,820 | +€84,820 | |
| Deferred charges and accrued income | 490/1 | - | €19,306 | +€19,306 | |
| Total equity and liabilities | 10/49 | €49,165 | €167,388 | +€118,223 | +240.5% |
| Equity | 10/15 | €9,164 | €84,989 | +€75,825 | +827.4% |
| Contributions | 10/11 | €45,000 | €165,000 | +€120,000 | +266.7% |
| Profit (loss) carried forward | 14 | -€35,836 | -€80,011 | -€44,175 | -123.3% |
| Amounts payable | 17/49 | €40,001 | €82,399 | +€42,398 | +106.0% |
| Amounts payable within one year | 42/48 | €40,001 | €76,399 | +€36,398 | +91.0% |
| Financial debts | 43 | €28,218 | €2,268 | -€25,951 | -92.0% |
| Credit institutions | 430/8 | €28,218 | €2,268 | -€25,951 | -92.0% |
| Trade debts | 44 | €2,124 | €57,616 | +€55,492 | +2613.0% |
| Suppliers | 440/4 | €2,124 | €57,616 | +€55,492 | +2613.0% |
| Taxes, remuneration and social security | 45 | - | €10,473 | +€10,473 | |
| Taxes | 450/3 | - | €5,270 | +€5,270 | |
| Remuneration and social security | 454/9 | - | €5,202 | +€5,202 | |
| Other amounts payable | 47/48 | €9,659 | €6,042 | -€3,616 | -37.4% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | - | €13,559 | +€13,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | €734 | +€630 | +605.5% |
| Other operating charges | 640/8 | €272 | €1,500 | +€1,228 | +451.8% |
| Gross operating margin | 9900 | -€35,402 | -€27,558 | +€7,844 | +22.2% |
| Operating profit (loss) | 9901 | -€35,778 | -€43,352 | -€7,574 | -21.2% |
| Financial income | 75/76B | - | €1,453 | +€1,453 | |
| Recurring financial income | 75 | - | €1,453 | +€1,453 | |
| Financial charges | 65/66B | €57 | €2,276 | +€2,219 | +3883.0% |
| Recurring financial charges | 65 | €57 | €2,276 | +€2,219 | +3883.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,836 | -€44,175 | -€8,340 | -23.3% |
| Profit (loss) for the period | 9904 | -€35,836 | -€44,175 | -€8,340 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,836 | -€44,175 | -€8,340 | -23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.