MICDEV
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €190,000.
Balance sheet
balance sheet total €189,009 on 31-12-2025in euro
in euro
Position in the sector
53.1%
Higher than 44% of 21,208 companies in 2025.
2.92
Higher than 57% of 20,571 companies in 2025.
10.6%
Higher than 36% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
189,009 | 180,818 | 153,913 | |
21/28 |
127,581 | 137,847 | 135,194 | |
22/27 |
127,581 | 137,847 | 135,194 | |
22 |
119,984 | 127,563 | 124,642 | |
23 |
3,528 | 4,006 | 2,575 | |
24 |
4,070 | 6,277 | 7,977 | |
29/58 |
61,428 | 42,971 | 18,719 | |
40/41 |
16,668 | 11,186 | - | |
40 |
58 | - | - | |
41 |
16,610 | 11,186 | - | |
54/58 |
44,334 | 31,381 | 18,340 | |
490/1 |
426 | 404 | 379 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
189,009 | 180,818 | 153,913 | |
10/15 |
100,337 | 80,291 | 43,797 | |
10/11 |
2,000 | 2,000 | 2,000 | |
13 |
41,790 | 41,790 | 41,790 | |
133 |
41,790 | 41,790 | 41,790 | |
14 |
56,547 | 36,501 | 7 | |
17/49 |
88,673 | 100,527 | 110,116 | |
17 |
67,641 | 80,133 | 86,160 | |
170/4 |
67,641 | 80,133 | 86,160 | |
42/48 |
21,032 | 20,394 | 23,955 | |
42 |
12,492 | 12,479 | 9,777 | |
44 |
1,632 | 1,430 | 381 | |
440/4 |
1,632 | 1,430 | 381 | |
45 |
6,908 | 6,484 | 13,798 | |
450/3 |
6,908 | 6,484 | 13,798 | |
| Income statement | ||||
9900 |
41,428 | 61,364 | 80,973 | |
630 |
11,769 | 10,368 | 6,845 | |
640/8 |
498 | 482 | 12,796 | |
9901 |
29,161 | 50,515 | 61,331 | |
75/76B |
628 | 336 | 1 | |
75 |
628 | 336 | 1 | |
65/66B |
3,856 | 4,448 | 2,631 | |
65 |
3,856 | 4,448 | 2,631 | |
9903 |
25,933 | 46,403 | 58,701 | |
67/77 |
5,887 | 9,909 | 16,903 | |
9904 |
20,045 | 36,494 | 41,797 | |
9905 |
20,045 | 36,494 | 41,797 | |
| Appropriation of the result | ||||
9906 |
56,547 | 36,501 | 41,797 | |
14P |
36,501 | 7 | - | |
691/2 |
- | - | 41,790 | |
6921 |
- | - | 41,790 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 40,930 | 60,882 | 68,176 | ||
| 31,814 | 46,862 | 48,643 | ||
| 1,503 | 13,021 | 142,039 | ||
| 12,953 | 13,041 | - | ||
| 40,396 | 22,578 | -5,236 | ||
| 53.1% | 44.4% | 28.5% | ||
| 2.92 | 2.11 | 0.78 | ||
| 0.88 | 1.25 | 2.51 | ||
| 20.0% | 45.5% | 95.4% | ||
| 10.6% | 20.2% | 27.2% | ||
| 10.62 | 13.69 | 25.91 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,503 | €13,021 | €142,039 |
| €11,769 | €10,368 | €6,845 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MICDEV
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 55.6% to 46.9%. Equity is higher and debt is lower.