M.I.C. ELECTRONICS: what changed
Two fiscal 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. ELECTRONICS
Largest movements
- Receivables within one year -€24,433
down €24,433 (-43.8%), from €55,761 to €31,328
of which Trade receivables: -€24,698
- Stocks and contracts -€14,263
down €14,263 (-31.0%), from €46,000 to €31,737
- Tangible fixed assets -€10,936
down €10,936 (-5.6%), from €195,579 to €184,643
of which Land and buildings: -€10,936
- Profit (loss) carried forward -€60,866
down €60,866 (-25.1%), from -€242,857 to -€303,723
- Other debts +€24,657
up €24,657 (+21.2%), from €116,173 to €140,830
- Trade debts -€16,540
down €16,540 (-65.4%), from €25,309 to €8,769
- Financial charges +€8,732
up €8,732 (+68.8%), from €12,696 to €21,429
- Gross operating margin -€6,575
down €6,575 (-37.1%), from -€17,718 to -€24,293
- Other operating charges -€3,570
down €3,570 (-47.0%), from €7,594 to €4,023
- Depreciation -€472
down €472 (-4.1%), from €11,408 to €10,936
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,408 | €248,844 | -€52,564 | -17.4% |
| Fixed assets | 21/28 | €195,579 | €184,643 | -€10,936 | -5.6% |
| Tangible fixed assets | 22/27 | €195,579 | €184,643 | -€10,936 | -5.6% |
| Land and buildings | 22 | €195,579 | €184,643 | -€10,936 | -5.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €105,829 | €64,201 | -€41,628 | -39.3% |
| Stocks and contracts in progress | 3 | €46,000 | €31,737 | -€14,263 | -31.0% |
| Stocks | 30/36 | €46,000 | €31,737 | -€14,263 | -31.0% |
| Amounts receivable within one year | 40/41 | €55,761 | €31,328 | -€24,433 | -43.8% |
| Trade receivables | 40 | €53,064 | €28,366 | -€24,698 | -46.5% |
| Other amounts receivable | 41 | €2,697 | €2,962 | +€265 | +9.8% |
| Cash at bank and in hand | 54/58 | €4,068 | €1,136 | -€2,932 | -72.1% |
| Total equity and liabilities | 10/49 | €301,408 | €248,844 | -€52,564 | -17.4% |
| Equity | 10/15 | -€165,074 | -€225,940 | -€60,866 | -36.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €46,797 | €46,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,013 | €31,013 | = | 0.0% |
| Distributable reserves | 133 | €12,685 | €12,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,857 | -€303,723 | -€60,866 | -25.1% |
| Amounts payable | 17/49 | €466,482 | €474,784 | +€8,302 | +1.8% |
| Amounts payable within one year | 42/48 | €466,482 | €474,784 | +€8,302 | +1.8% |
| Financial debts | 43 | €325,000 | €325,000 | = | 0.0% |
| Credit institutions | 430/8 | - | €325,000 | +€325,000 | |
| Other loans | 439 | €325,000 | €0 | -€325,000 | -100.0% |
| Trade debts | 44 | €25,309 | €8,769 | -€16,540 | -65.4% |
| Suppliers | 440/4 | €25,309 | €8,769 | -€16,540 | -65.4% |
| Taxes, remuneration and social security | 45 | - | €185 | +€185 | |
| Taxes | 450/3 | - | €185 | +€185 | |
| Other amounts payable | 47/48 | €116,173 | €140,830 | +€24,657 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,408 | €10,936 | -€472 | -4.1% |
| Other operating charges | 640/8 | €7,594 | €4,023 | -€3,570 | -47.0% |
| Gross operating margin | 9900 | -€17,718 | -€24,293 | -€6,575 | -37.1% |
| Operating profit (loss) | 9901 | -€36,720 | -€39,252 | -€2,533 | -6.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €12,696 | €21,429 | +€8,732 | +68.8% |
| Recurring financial charges | 65 | €12,696 | €21,429 | +€8,732 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,414 | -€60,681 | -€11,267 | -22.8% |
| Income taxes | 67/77 | -€0 | €185 | +€185 | |
| Profit (loss) for the period | 9904 | -€49,414 | -€60,866 | -€11,452 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,414 | -€60,866 | -€11,452 | -23.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.