M.I.C. advice: 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.
M.I.C. advice
Largest movements
- Receivables within one year +€16,597
up €16,597 (+2,899%), from €573 to €17,169
of which Trade receivables: +€14,520
- Profit (loss) carried forward +€25,055
up €25,055 (+79.1%), from -€31,664 to -€6,609
- Other debts -€10,516
no longer reported in 2025 (was €10,516)
- Tax, wage and social debts +€2,981
new in 2025: €2,981
- Trade debts -€1,006
down €1,006 (-78.3%), from €1,284 to €278
- Gross operating margin +€29,122
up €29,122, from -€2,730 to €26,391
- Taxes +€491
new in 2025: €491
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 | €720 | €17,234 | +€16,514 | +2,294% |
| Current assets | 29/58 | €720 | €17,234 | +€16,514 | +2,294% |
| Amounts receivable within one year | 40/41 | €573 | €17,169 | +€16,597 | +2,899% |
| Trade receivables | 40 | €182 | €14,702 | +€14,520 | +8,000% |
| Other amounts receivable | 41 | €391 | €2,468 | +€2,077 | +531% |
| Cash at bank and in hand | 54/58 | €41 | €65 | +€24 | +58.2% |
| Deferred charges and accrued income | 490/1 | €106 | - | -€106 | |
| Total equity and liabilities | 10/49 | €720 | €17,234 | +€16,514 | +2,294% |
| Equity | 10/15 | -€11,080 | €13,975 | +€25,055 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,984 | €1,984 | = | 0.0% |
| Distributable reserves | 133 | €1,984 | €1,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,664 | -€6,609 | +€25,055 | +79.1% |
| Amounts payable | 17/49 | €11,800 | €3,259 | -€8,541 | -72.4% |
| Amounts payable within one year | 42/48 | €11,800 | €3,259 | -€8,541 | -72.4% |
| Trade debts | 44 | €1,284 | €278 | -€1,006 | -78.3% |
| Suppliers | 440/4 | €1,284 | €278 | -€1,006 | -78.3% |
| Taxes, remuneration and social security | 45 | - | €2,981 | +€2,981 | |
| Taxes | 450/3 | - | €2,981 | +€2,981 | |
| Other amounts payable | 47/48 | €10,516 | - | -€10,516 | |
| Other operating charges | 640/8 | €505 | €631 | +€125 | +24.8% |
| Gross operating margin | 9900 | -€2,730 | €26,391 | +€29,122 | |
| Operating profit (loss) | 9901 | -€3,236 | €25,761 | +€28,996 | |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €132 | €240 | +€108 | +82.3% |
| Recurring financial charges | 65 | €132 | €240 | +€108 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,367 | €25,546 | +€28,913 | |
| Income taxes | 67/77 | - | €491 | +€491 | |
| Profit (loss) for the period | 9904 | -€3,367 | €25,055 | +€28,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,367 | €25,055 | +€28,422 |
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 21 October 2026 via checked.be.