NEW MIRO: 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.
NEW MIRO
Largest movements
- Current investments +€290,924
new in 2025: €290,924
- Cash -€204,181
down €204,181 (-83.7%), from €244,070 to €39,889
mainly Current investments (-€290,924) and Debts after one year (-€18,765)
- Tangible fixed assets -€29,705
down €29,705 (-24.7%), from €120,458 to €90,753
of which Plant, machinery and equipment: -€24,049
- Reserves +€75,562
up €75,562 (+32.6%), from €231,637 to €307,199
- Trade debts +€21,935
up €21,935 (+163%), from €13,458 to €35,392
- Debts after one year -€18,765
down €18,765 (-63.9%), from €29,374 to €10,608
- Tax, wage and social debts -€14,052
down €14,052 (-30.4%), from €46,283 to €32,231
of which Taxes: -€13,480
- Other debts -€5,457
down €5,457 (-25.8%), from €21,177 to €15,720
- Gross operating margin -€43,446
down €43,446 (-10.5%), from €411,911 to €368,465
- Taxes -€9,363
down €9,363 (-23.6%), from €39,739 to €30,376
- Staff costs -€6,685
down €6,685 (-3.0%), from €224,272 to €217,587
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 | €378,694 | €438,516 | +€59,822 | +15.8% |
| Fixed assets | 21/28 | €120,458 | €90,753 | -€29,705 | -24.7% |
| Tangible fixed assets | 22/27 | €120,458 | €90,753 | -€29,705 | -24.7% |
| Plant, machinery and equipment | 23 | €68,082 | €44,033 | -€24,049 | -35.3% |
| Furniture and vehicles | 24 | €51,203 | €46,211 | -€4,992 | -9.7% |
| Other tangible fixed assets | 26 | €1,173 | €508 | -€665 | -56.7% |
| Current assets | 29/58 | €258,236 | €347,764 | +€89,528 | +34.7% |
| Stocks and contracts in progress | 3 | €8,537 | €8,414 | -€123 | -1.4% |
| Stocks | 30/36 | €8,537 | €8,414 | -€123 | -1.4% |
| Amounts receivable within one year | 40/41 | €5,629 | €6,457 | +€828 | +14.7% |
| Other amounts receivable | 41 | €5,629 | €6,457 | +€828 | +14.7% |
| Current investments | 50/53 | - | €290,924 | +€290,924 | |
| Cash at bank and in hand | 54/58 | €244,070 | €39,889 | -€204,181 | -83.7% |
| Deferred charges and accrued income | 490/1 | - | €2,080 | +€2,080 | |
| Total equity and liabilities | 10/49 | €378,694 | €438,516 | +€59,822 | +15.8% |
| Equity | 10/15 | €250,237 | €325,799 | +€75,562 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €231,637 | €307,199 | +€75,562 | +32.6% |
| Distributable reserves | 133 | €231,637 | €307,199 | +€75,562 | +32.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €128,457 | €112,718 | -€15,739 | -12.3% |
| Amounts payable after more than one year | 17 | €29,374 | €10,608 | -€18,765 | -63.9% |
| Financial debts | 170/4 | €29,374 | €10,608 | -€18,765 | -63.9% |
| Amounts payable within one year | 42/48 | €99,083 | €102,109 | +€3,026 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €18,166 | €18,765 | +€600 | +3.3% |
| Trade debts | 44 | €13,458 | €35,392 | +€21,935 | +163% |
| Suppliers | 440/4 | €13,458 | €35,392 | +€21,935 | +163% |
| Taxes, remuneration and social security | 45 | €46,283 | €32,231 | -€14,052 | -30.4% |
| Taxes | 450/3 | €29,337 | €15,857 | -€13,480 | -45.9% |
| Remuneration and social security | 454/9 | €16,946 | €16,374 | -€572 | -3.4% |
| Other amounts payable | 47/48 | €21,177 | €15,720 | -€5,457 | -25.8% |
| Remuneration, social security and pensions | 62 | €224,272 | €217,587 | -€6,685 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,976 | €41,626 | -€350 | -0.8% |
| Other operating charges | 640/8 | €2,393 | €3,032 | +€639 | +26.7% |
| Gross operating margin | 9900 | €411,911 | €368,465 | -€43,446 | -10.5% |
| Operating profit (loss) | 9901 | €143,270 | €106,220 | -€37,050 | -25.9% |
| Financial income | 75/76B | €149 | €1,573 | +€1,424 | +955% |
| Recurring financial income | 75 | €149 | €1,573 | +€1,424 | +955% |
| Financial charges | 65/66B | €2,524 | €1,856 | -€668 | -26.5% |
| Recurring financial charges | 65 | €2,524 | €1,856 | -€668 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €140,895 | €105,937 | -€34,958 | -24.8% |
| Income taxes | 67/77 | €39,739 | €30,376 | -€9,363 | -23.6% |
| Profit (loss) for the period | 9904 | €101,156 | €75,562 | -€25,595 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €101,156 | €75,562 | -€25,595 | -25.3% |
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 19 October 2026 via checked.be.