MIRZA PRODUCTION: 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 PRODUCTION
Largest movements
- Tangible fixed assets -€2,532
down €2,532 (-31.1%), from €8,142 to €5,611
of which Furniture and vehicles: -€2,483
- Receivables within one year -€894
down €894 (-48.7%), from €1,836 to €941
of which Other amounts receivable: -€894
- Deferred charges and accrued income -€674
down €674 (-47.2%), from €1,428 to €754
- Other debts +€83,886
up €83,886 (+56.2%), from €149,323 to €233,209
- Profit (loss) carried forward -€61,765
down €61,765 (-31.9%), from -€193,835 to -€255,600
- Tax, wage and social debts -€24,484
down €24,484 (-83.5%), from €29,306 to €4,821
of which Remuneration and social security: -€24,661
- Trade debts -€2,033
down €2,033 (-33.2%), from €6,116 to €4,083
- Short-term financial debts +€277
up €277 (+13.6%), from €2,044 to €2,322
- Staff costs +€9,201
up €9,201 (+26.2%), from €35,139 to €44,339
- Gross operating margin +€4,920
up €4,920 (+29.3%), from -€16,789 to -€11,869
- Depreciation -€2,792
down €2,792 (-43.5%), from €6,419 to €3,627
- Taxes -€312
down €312 (-63.9%), from €488 to €176
- Other operating charges +€226
up €226 (+28.4%), from €795 to €1,021
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,406 | €9,306 | -€4,100 | -30.6% |
| Fixed assets | 21/28 | €10,142 | €7,611 | -€2,532 | -25.0% |
| Tangible fixed assets | 22/27 | €8,142 | €5,611 | -€2,532 | -31.1% |
| Furniture and vehicles | 24 | €8,094 | €5,611 | -€2,483 | -30.7% |
| Leasing and similar rights | 25 | €48 | - | -€48 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €3,263 | €1,695 | -€1,568 | -48.1% |
| Amounts receivable within one year | 40/41 | €1,836 | €941 | -€894 | -48.7% |
| Trade receivables | 40 | €395 | €395 | +€0 | 0.0% |
| Other amounts receivable | 41 | €1,441 | €547 | -€894 | -62.1% |
| Deferred charges and accrued income | 490/1 | €1,428 | €754 | -€674 | -47.2% |
| Total equity and liabilities | 10/49 | €13,406 | €9,306 | -€4,100 | -30.6% |
| Equity | 10/15 | -€173,384 | -€235,149 | -€61,765 | -35.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,835 | -€255,600 | -€61,765 | -31.9% |
| Amounts payable | 17/49 | €186,789 | €244,455 | +€57,665 | +30.9% |
| Amounts payable within one year | 42/48 | €186,789 | €244,435 | +€57,646 | +30.9% |
| Financial debts | 43 | €2,044 | €2,322 | +€277 | +13.6% |
| Credit institutions | 430/8 | €2,044 | €2,322 | +€277 | +13.6% |
| Trade debts | 44 | €6,116 | €4,083 | -€2,033 | -33.2% |
| Suppliers | 440/4 | €6,116 | €4,083 | -€2,033 | -33.2% |
| Taxes, remuneration and social security | 45 | €29,306 | €4,821 | -€24,484 | -83.5% |
| Taxes | 450/3 | €174 | €351 | +€176 | +101% |
| Remuneration and social security | 454/9 | €29,131 | €4,471 | -€24,661 | -84.7% |
| Other amounts payable | 47/48 | €149,323 | €233,209 | +€83,886 | +56.2% |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Remuneration, social security and pensions | 62 | €35,139 | €44,339 | +€9,201 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,419 | €3,627 | -€2,792 | -43.5% |
| Other operating charges | 640/8 | €795 | €1,021 | +€226 | +28.4% |
| Gross operating margin | 9900 | -€16,789 | -€11,869 | +€4,920 | +29.3% |
| Operating profit (loss) | 9901 | -€59,143 | -€60,857 | -€1,714 | -2.9% |
| Financial income | 75/76B | €5 | €0 | -€5 | -95.2% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -95.2% |
| Financial charges | 65/66B | €904 | €732 | -€171 | -19.0% |
| Recurring financial charges | 65 | €904 | €732 | -€171 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€60,041 | -€61,589 | -€1,548 | -2.6% |
| Income taxes | 67/77 | €488 | €176 | -€312 | -63.9% |
| Profit (loss) for the period | 9904 | -€60,530 | -€61,765 | -€1,235 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,530 | -€61,765 | -€1,235 | -2.0% |
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 20 October 2026 via checked.be.