IMMOBILIERE MICAR: what changed
IMMOBILIERE MICAR
Largest movements
- Receivables within one year -€30,902
down €30,902 (-13.9%), from €221,943 to €191,041
of which Other amounts receivable: -€30,902
- Cash -€16,423
no longer reported in 2025 (was €16,423)
mainly Other debts (-€30,512) and Tax, wage and social debts (-€21,458)
- Other debts -€30,512
down €30,512 (-50.4%), from €60,529 to €30,017
- Tax, wage and social debts -€21,458
down €21,458 (-92.6%), from €23,168 to €1,710
- Profit (loss) carried forward +€4,596
up €4,596 (+4.3%), from €107,568 to €112,164
- Taxes -€21,458
down €21,458 (-92.6%), from €23,168 to €1,710
- Other operating charges -€3,391
no longer reported in 2025 (was €3,391)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,366 | €191,041 | -€47,325 | -19.9% |
| Current assets | 29/58 | €238,366 | €191,041 | -€47,325 | -19.9% |
| Amounts receivable within one year | 40/41 | €221,943 | €191,041 | -€30,902 | -13.9% |
| Trade receivables | 40 | €44,095 | €44,095 | = | 0.0% |
| Other amounts receivable | 41 | €177,848 | €146,946 | -€30,902 | -17.4% |
| Cash at bank and in hand | 54/58 | €16,423 | - | -€16,423 | |
| Total equity and liabilities | 10/49 | €238,366 | €191,041 | -€47,325 | -19.9% |
| Equity | 10/15 | €154,670 | €159,266 | +€4,596 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,902 | €40,902 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,902 | €40,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,568 | €112,164 | +€4,596 | +4.3% |
| Amounts payable | 17/49 | €83,697 | €31,775 | -€51,922 | -62.0% |
| Amounts payable within one year | 42/48 | €83,697 | €31,775 | -€51,922 | -62.0% |
| Financial debts | 43 | - | €48 | +€48 | |
| Credit institutions | 430/8 | - | €48 | +€48 | |
| Taxes, remuneration and social security | 45 | €23,168 | €1,710 | -€21,458 | -92.6% |
| Taxes | 450/3 | €23,168 | €1,710 | -€21,458 | -92.6% |
| Other amounts payable | 47/48 | €60,529 | €30,017 | -€30,512 | -50.4% |
| Other operating charges | 640/8 | €3,391 | - | -€3,391 | |
| Operating profit (loss) | 9901 | -€3,391 | - | +€3,391 | |
| Financial income | 75/76B | €8,759 | €6,721 | -€2,038 | -23.3% |
| Recurring financial income | 75 | €8,759 | €6,721 | -€2,038 | -23.3% |
| Financial charges | 65/66B | €291 | €415 | +€124 | +42.8% |
| Recurring financial charges | 65 | €291 | €415 | +€124 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €5,077 | €6,306 | +€1,229 | +24.2% |
| Income taxes | 67/77 | €23,168 | €1,710 | -€21,458 | -92.6% |
| Profit (loss) for the period | 9904 | -€18,090 | €4,596 | +€22,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,090 | €4,596 | +€22,687 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.