MIRWAR: 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.
MIRWAR
Largest movements
- Receivables within one year +€338,623
up €338,623 (+835.9%), from €40,512 to €379,135
of which Other amounts receivable: +€338,696
- Cash +€62,769
up €62,769 (+104.5%), from €60,078 to €122,847
mainly Net result for the year (+€217,319) and Tax, wage and social debts (+€209,648)
- Tangible fixed assets +€15,014
up €15,014 (+22.8%), from €65,907 to €80,921
of which Plant, machinery and equipment: +€10,816
- Tax, wage and social debts +€209,648
up €209,648 (+540.9%), from €38,758 to €248,406
of which Taxes: +€144,074
- Reserves +€104,277
up €104,277 (+1489.5%), from €7,001 to €111,278
of which Distributable reserves: +€104,277
- Current portion of long-term debt +€80,774
new in 2024: €80,774
- Profit (loss) carried forward +€33,042
no longer reported in 2024 (was -€33,042)
- Other debts -€9,022
down €9,022 (-10.1%), from €89,022 to €80,000
- Gross operating margin +€622,931
up €622,931 (+548.7%), from €113,524 to €736,456
- Staff costs +€267,486
up €267,486 (+620.2%), from €43,127 to €310,613
- Taxes +€100,262
up €100,262 (+620.8%), from €16,150 to €116,412
- Other operating charges +€44,293
up €44,293 (+5637.7%), from €786 to €45,079
- Financial charges +€26,506
up €26,506 (+4585.5%), from €578 to €27,085
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,189 | €607,585 | +€412,396 | +211.3% |
| Fixed assets | 21/28 | €84,205 | €98,753 | +€14,548 | +17.3% |
| Intangible fixed assets | 21 | €1,998 | €1,332 | -€667 | -33.4% |
| Tangible fixed assets | 22/27 | €65,907 | €80,921 | +€15,014 | +22.8% |
| Land and buildings | 22 | - | €9,537 | +€9,537 | |
| Plant, machinery and equipment | 23 | €30,105 | €40,921 | +€10,816 | +35.9% |
| Furniture and vehicles | 24 | €35,802 | €30,463 | -€5,339 | -14.9% |
| Financial fixed assets | 28 | €16,300 | €16,500 | +€200 | +1.2% |
| Current assets | 29/58 | €110,984 | €508,832 | +€397,848 | +358.5% |
| Stocks and contracts in progress | 3 | €8,000 | €6,850 | -€1,150 | -14.4% |
| Stocks | 30/36 | €8,000 | €6,850 | -€1,150 | -14.4% |
| Amounts receivable within one year | 40/41 | €40,512 | €379,135 | +€338,623 | +835.9% |
| Trade receivables | 40 | €22,855 | €22,782 | -€73 | -0.3% |
| Other amounts receivable | 41 | €17,657 | €356,353 | +€338,696 | +1918.2% |
| Cash at bank and in hand | 54/58 | €60,078 | €122,847 | +€62,769 | +104.5% |
| Deferred charges and accrued income | 490/1 | €2,395 | - | -€2,395 | |
| Total equity and liabilities | 10/49 | €195,189 | €607,585 | +€412,396 | +211.3% |
| Equity | 10/15 | €43,960 | €181,279 | +€137,319 | +312.4% |
| Contributions | 10/11 | €70,001 | €70,001 | = | 0.0% |
| Capital | 10 | €70,001 | €70,001 | = | 0.0% |
| Issued capital | 100 | €70,001 | €70,001 | = | 0.0% |
| Reserves | 13 | €7,001 | €111,278 | +€104,277 | +1489.5% |
| Non-distributable reserves | 130/1 | €7,001 | €7,001 | = | 0.0% |
| Legal reserve | 130 | €7,001 | €7,001 | = | 0.0% |
| Distributable reserves | 133 | - | €104,277 | +€104,277 | |
| Profit (loss) carried forward | 14 | -€33,042 | - | +€33,042 | |
| Amounts payable | 17/49 | €151,229 | €426,306 | +€275,077 | +181.9% |
| Amounts payable after more than one year | 17 | €2,500 | - | -€2,500 | |
| Financial debts | 170/4 | €2,500 | - | -€2,500 | |
| Amounts payable within one year | 42/48 | €148,729 | €425,106 | +€276,377 | +185.8% |
| Current portion of amounts payable after more than one year | 42 | - | €80,774 | +€80,774 | |
| Trade debts | 44 | €20,950 | €15,926 | -€5,024 | -24.0% |
| Suppliers | 440/4 | €20,950 | €15,926 | -€5,024 | -24.0% |
| Taxes, remuneration and social security | 45 | €38,758 | €248,406 | +€209,648 | +540.9% |
| Taxes | 450/3 | €31,217 | €175,291 | +€144,074 | +461.5% |
| Remuneration and social security | 454/9 | €7,541 | €73,116 | +€65,574 | +869.5% |
| Other amounts payable | 47/48 | €89,022 | €80,000 | -€9,022 | -10.1% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Remuneration, social security and pensions | 62 | €43,127 | €310,613 | +€267,486 | +620.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,520 | €19,948 | +€14,429 | +261.4% |
| Other operating charges | 640/8 | €786 | €45,079 | +€44,293 | +5637.7% |
| Gross operating margin | 9900 | €113,524 | €736,456 | +€622,931 | +548.7% |
| Operating profit (loss) | 9901 | €64,092 | €360,815 | +€296,724 | +463.0% |
| Financial charges | 65/66B | €578 | €27,085 | +€26,506 | +4585.5% |
| Recurring financial charges | 65 | €578 | €27,085 | +€26,506 | +4585.5% |
| Profit (loss) for the period before taxes | 9903 | €63,514 | €333,731 | +€270,217 | +425.4% |
| Income taxes | 67/77 | €16,150 | €116,412 | +€100,262 | +620.8% |
| Profit (loss) for the period | 9904 | €47,364 | €217,319 | +€169,955 | +358.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,364 | €217,319 | +€169,955 | +358.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.