MIRZA EXPRESS: 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.
MIRZA EXPRESS
Largest movements
- Stocks and contracts +€76,300
up €76,300 (+197%), from €38,700 to €115,000
- Trade debts +€66,000
up €66,000 (+440%), from €15,000 to €81,000
- Other debts +€10,299
up €10,299 (+114%), from €9,000 to €19,299
- Turnover -€20,400
down €20,400 (-10.3%), from €197,615 to €177,215
- Purchases and services -€18,343
down €18,343 (-9.5%), from €192,292 to €173,950
- Gross operating margin -€2,057
down €2,057 (-38.6%), from €5,322 to €3,265
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,599 | €116,155 | +€75,555 | +186% |
| Current assets | 29/58 | €40,599 | €116,155 | +€75,555 | +186% |
| Stocks and contracts in progress | 3 | €38,700 | €115,000 | +€76,300 | +197% |
| Stocks | 30/36 | €38,700 | €115,000 | +€76,300 | +197% |
| Cash at bank and in hand | 54/58 | €1,899 | €1,155 | -€745 | -39.2% |
| Total equity and liabilities | 10/49 | €40,599 | €116,155 | +€75,555 | +186% |
| Equity | 10/15 | €14,258 | €13,468 | -€790 | -5.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €213 | €216 | +€3 | +1.5% |
| Non-distributable reserves | 130/1 | €213 | €216 | +€3 | +1.5% |
| Legal reserve | 130 | €213 | €216 | +€3 | +1.5% |
| Profit (loss) carried forward | 14 | €4,045 | €3,252 | -€793 | -19.6% |
| Amounts payable | 17/49 | €26,341 | €102,687 | +€76,345 | +290% |
| Amounts payable within one year | 42/48 | €26,341 | €102,687 | +€76,345 | +290% |
| Trade debts | 44 | €15,000 | €81,000 | +€66,000 | +440% |
| Suppliers | 440/4 | €15,000 | €81,000 | +€66,000 | +440% |
| Taxes, remuneration and social security | 45 | €2,341 | €2,388 | +€47 | +2.0% |
| Taxes | 450/3 | €2,341 | €2,388 | +€47 | +2.0% |
| Other amounts payable | 47/48 | €9,000 | €19,299 | +€10,299 | +114% |
| Turnover | 70 | €197,615 | €177,215 | -€20,400 | -10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €192,292 | €173,950 | -€18,343 | -9.5% |
| Gross operating margin | 9900 | €5,322 | €3,265 | -€2,057 | -38.6% |
| Operating profit (loss) | 9901 | €5,322 | €3,265 | -€2,057 | -38.6% |
| Financial charges | 65/66B | - | €53 | +€53 | |
| Recurring financial charges | 65 | - | €53 | +€53 | |
| Profit (loss) for the period before taxes | 9903 | €5,322 | €3,212 | -€2,110 | -39.6% |
| Income taxes | 67/77 | €1,065 | €643 | -€422 | -39.6% |
| Profit (loss) for the period | 9904 | €4,258 | €2,570 | -€1,688 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,258 | €2,570 | -€1,688 | -39.6% |
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 16 October 2026 via checked.be.