SB MIRAGE: 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.
SB MIRAGE
Largest movements
- Cash +€8,557
up €8,557 (+56.9%), from €15,042 to €23,599
mainly Depreciation (+€7,840) and Net result for the year (+€3,948)
- Stocks and contracts -€2,854
down €2,854 (-22.0%), from €12,946 to €10,092
- Receivables within one year -€2,393
down €2,393 (-48.3%), from €4,958 to €2,565
of which Other amounts receivable: -€2,944
- Tangible fixed assets -€707
down €707 (-2.8%), from €24,903 to €24,196
of which Plant, machinery and equipment: -€1,059
- Profit (loss) carried forward +€3,948
up €3,948 (+11.3%), from €34,893 to €38,841
- Trade debts -€961
down €961 (-39.9%), from €2,408 to €1,447
- Tax, wage and social debts -€896
down €896 (-37.6%), from €2,383 to €1,487
of which Remuneration and social security: -€945
- Staff costs -€23,330
down €23,330 (-77.4%), from €30,149 to €6,819
- Gross operating margin -€18,960
down €18,960 (-45.4%), from €41,767 to €22,807
- Taxes +€1,913
up €1,913 (+159%), from €1,203 to €3,116
- Depreciation -€1,261
down €1,261 (-13.9%), from €9,101 to €7,840
- Other operating charges +€619
up €619 (+158%), from €393 to €1,012
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 | €61,228 | €63,311 | +€2,083 | +3.4% |
| Fixed assets | 21/28 | €28,282 | €27,055 | -€1,227 | -4.3% |
| Intangible fixed assets | 21 | €3,249 | €2,729 | -€520 | -16.0% |
| Tangible fixed assets | 22/27 | €24,903 | €24,196 | -€707 | -2.8% |
| Plant, machinery and equipment | 23 | €14,329 | €13,270 | -€1,059 | -7.4% |
| Furniture and vehicles | 24 | €10,574 | €10,926 | +€352 | +3.3% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €32,946 | €36,256 | +€3,310 | +10.0% |
| Stocks and contracts in progress | 3 | €12,946 | €10,092 | -€2,854 | -22.0% |
| Stocks | 30/36 | €12,946 | €10,092 | -€2,854 | -22.0% |
| Amounts receivable within one year | 40/41 | €4,958 | €2,565 | -€2,393 | -48.3% |
| Trade receivables | 40 | - | €551 | +€551 | |
| Other amounts receivable | 41 | €4,958 | €2,014 | -€2,944 | -59.4% |
| Cash at bank and in hand | 54/58 | €15,042 | €23,599 | +€8,557 | +56.9% |
| Total equity and liabilities | 10/49 | €61,228 | €63,311 | +€2,083 | +3.4% |
| Equity | 10/15 | €55,793 | €59,741 | +€3,948 | +7.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,893 | €38,841 | +€3,948 | +11.3% |
| Amounts payable | 17/49 | €5,435 | €3,570 | -€1,865 | -34.3% |
| Amounts payable within one year | 42/48 | €5,435 | €3,570 | -€1,865 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €644 | €636 | -€8 | -1.2% |
| Trade debts | 44 | €2,408 | €1,447 | -€961 | -39.9% |
| Suppliers | 440/4 | €2,408 | €1,447 | -€961 | -39.9% |
| Taxes, remuneration and social security | 45 | €2,383 | €1,487 | -€896 | -37.6% |
| Taxes | 450/3 | €1,283 | €1,332 | +€49 | +3.8% |
| Remuneration and social security | 454/9 | €1,100 | €155 | -€945 | -85.9% |
| Remuneration, social security and pensions | 62 | €30,149 | €6,819 | -€23,330 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,101 | €7,840 | -€1,261 | -13.9% |
| Other operating charges | 640/8 | €393 | €1,012 | +€619 | +158% |
| Gross operating margin | 9900 | €41,767 | €22,807 | -€18,960 | -45.4% |
| Operating profit (loss) | 9901 | €2,124 | €7,136 | +€5,012 | +236% |
| Financial income | 75/76B | €55 | €37 | -€18 | -32.7% |
| Recurring financial income | 75 | €55 | €37 | -€18 | -32.7% |
| Financial charges | 65/66B | €193 | €109 | -€84 | -43.5% |
| Recurring financial charges | 65 | €193 | €109 | -€84 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €1,986 | €7,064 | +€5,078 | +256% |
| Income taxes | 67/77 | €1,203 | €3,116 | +€1,913 | +159% |
| Profit (loss) for the period | 9904 | €783 | €3,948 | +€3,165 | +404% |
| Profit (loss) for the period to be appropriated | 9905 | €783 | €3,948 | +€3,165 | +404% |
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 26 October 2026 via checked.be.