AD - MICRO: 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.
AD - MICRO
Largest movements
- Cash -€10,092
down €10,092 (-71.5%), from €14,107 to €4,015
mainly Net result for the year (-€19,684) and Tax, wage and social debts (-€5,942)
- Receivables within one year -€5,694
down €5,694 (-25.6%), from €22,251 to €16,557
of which Trade receivables: -€6,553
- Profit (loss) carried forward -€19,684
down €19,684 (-28.8%), from -€68,426 to -€88,110
- Other debts +€9,802
up €9,802 (+27.9%), from €35,095 to €44,897
- Tax, wage and social debts -€5,942
down €5,942 (-89.2%), from €6,663 to €721
- Gross operating margin +€7,953
up €7,953 (+32.9%), from -€24,150 to -€16,197
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 | €55,991 | €40,364 | -€15,627 | -27.9% |
| Fixed assets | 21/28 | €5,977 | €5,862 | -€115 | -1.9% |
| Tangible fixed assets | 22/27 | €5,977 | €5,862 | -€115 | -1.9% |
| Plant, machinery and equipment | 23 | - | €1,303 | +€1,303 | |
| Furniture and vehicles | 24 | €76 | €0 | -€76 | -100% |
| Other tangible fixed assets | 26 | €5,901 | €4,559 | -€1,342 | -22.7% |
| Current assets | 29/58 | €50,015 | €34,502 | -€15,513 | -31.0% |
| Amounts receivable within one year | 40/41 | €22,251 | €16,557 | -€5,694 | -25.6% |
| Trade receivables | 40 | €22,251 | €15,699 | -€6,553 | -29.4% |
| Other amounts receivable | 41 | €0 | €858 | +€858 | |
| Cash at bank and in hand | 54/58 | €14,107 | €4,015 | -€10,092 | -71.5% |
| Deferred charges and accrued income | 490/1 | €13,656 | €13,929 | +€273 | +2.0% |
| Total equity and liabilities | 10/49 | €55,991 | €40,364 | -€15,627 | -27.9% |
| Equity | 10/15 | €12,214 | -€7,471 | -€19,684 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,240 | €68,240 | = | 0.0% |
| Distributable reserves | 133 | €68,240 | €68,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,426 | -€88,110 | -€19,684 | -28.8% |
| Amounts payable | 17/49 | €43,778 | €47,835 | +€4,057 | +9.3% |
| Amounts payable within one year | 42/48 | €43,778 | €47,812 | +€4,034 | +9.2% |
| Trade debts | 44 | €2,020 | €2,194 | +€174 | +8.6% |
| Suppliers | 440/4 | €2,020 | €2,194 | +€174 | +8.6% |
| Taxes, remuneration and social security | 45 | €6,663 | €721 | -€5,942 | -89.2% |
| Taxes | 450/3 | €6,663 | €721 | -€5,942 | -89.2% |
| Other amounts payable | 47/48 | €35,095 | €44,897 | +€9,802 | +27.9% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,580 | €1,488 | -€92 | -5.8% |
| Other operating charges | 640/8 | €615 | €691 | +€76 | +12.4% |
| Gross operating margin | 9900 | -€24,150 | -€16,197 | +€7,953 | +32.9% |
| Operating profit (loss) | 9901 | -€26,345 | -€18,376 | +€7,969 | +30.2% |
| Financial income | 75/76B | €24 | €8 | -€16 | -68.5% |
| Recurring financial income | 75 | €24 | €8 | -€16 | -68.5% |
| Financial charges | 65/66B | €969 | €949 | -€20 | -2.0% |
| Recurring financial charges | 65 | €969 | €949 | -€20 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,291 | -€19,318 | +€7,972 | +29.2% |
| Income taxes | 67/77 | €355 | €366 | +€11 | +3.1% |
| Profit (loss) for the period | 9904 | -€27,646 | -€19,684 | +€7,961 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,646 | -€19,684 | +€7,961 | +28.8% |
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 29 October 2026 via checked.be.