MIC 3: 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.
MIC 3
Largest movements
- Tangible fixed assets -€16,522
down €16,522 (-23.9%), from €69,245 to €52,723
of which Furniture and vehicles: -€15,717
- Receivables within one year -€6,617
down €6,617 (-46.6%), from €14,208 to €7,591
of which Trade receivables: -€9,344
- Cash -€1,878
down €1,878 (-3.4%), from €54,511 to €52,633
mainly Debts after one year (-€12,000) and Tax, wage and social debts (-€6,667)
- Debts after one year -€12,000
down €12,000 (-22.2%), from €54,000 to €42,000
- Tax, wage and social debts -€6,667
down €6,667 (-78.2%), from €8,527 to €1,860
of which Taxes: -€4,453
- Profit (loss) carried forward -€4,244
down €4,244 (-20.0%), from €21,198 to €16,954
- Other debts -€1,459
down €1,459 (-36.3%), from €4,020 to €2,561
- Gross operating margin -€12,337
down €12,337 (-49.0%), from €25,178 to €12,841
- Taxes -€2,591
down €2,591 (-93.2%), from €2,781 to €190
- Depreciation +€1,742
up €1,742 (+11.8%), from €14,780 to €16,522
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.
Cash bridge derived
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 | €137,964 | €112,947 | -€25,017 | -18.1% |
| Fixed assets | 21/28 | €69,245 | €52,723 | -€16,522 | -23.9% |
| Tangible fixed assets | 22/27 | €69,245 | €52,723 | -€16,522 | -23.9% |
| Plant, machinery and equipment | 23 | €3,843 | €3,038 | -€805 | -20.9% |
| Furniture and vehicles | 24 | €65,402 | €49,685 | -€15,717 | -24.0% |
| Current assets | 29/58 | €68,719 | €60,224 | -€8,495 | -12.4% |
| Amounts receivable within one year | 40/41 | €14,208 | €7,591 | -€6,617 | -46.6% |
| Trade receivables | 40 | €11,903 | €2,559 | -€9,344 | -78.5% |
| Other amounts receivable | 41 | €2,305 | €5,032 | +€2,727 | +118.3% |
| Cash at bank and in hand | 54/58 | €54,511 | €52,633 | -€1,878 | -3.4% |
| Total equity and liabilities | 10/49 | €137,964 | €112,947 | -€25,017 | -18.1% |
| Equity | 10/15 | €70,698 | €66,454 | -€4,244 | -6.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €34,500 | €34,500 | = | 0.0% |
| Distributable reserves | 133 | €34,500 | €34,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,198 | €16,954 | -€4,244 | -20.0% |
| Amounts payable | 17/49 | €67,266 | €46,492 | -€20,774 | -30.9% |
| Amounts payable after more than one year | 17 | €54,000 | €42,000 | -€12,000 | -22.2% |
| Financial debts | 170/4 | €54,000 | €42,000 | -€12,000 | -22.2% |
| Amounts payable within one year | 42/48 | €13,266 | €4,492 | -€8,774 | -66.1% |
| Trade debts | 44 | €719 | €71 | -€648 | -90.1% |
| Suppliers | 440/4 | €719 | €71 | -€648 | -90.1% |
| Taxes, remuneration and social security | 45 | €8,527 | €1,860 | -€6,667 | -78.2% |
| Taxes | 450/3 | €6,313 | €1,860 | -€4,453 | -70.5% |
| Remuneration and social security | 454/9 | €2,214 | - | -€2,214 | |
| Other amounts payable | 47/48 | €4,020 | €2,561 | -€1,459 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,780 | €16,522 | +€1,742 | +11.8% |
| Other operating charges | 640/8 | €387 | €252 | -€134 | -34.8% |
| Gross operating margin | 9900 | €25,178 | €12,841 | -€12,337 | -49.0% |
| Operating profit (loss) | 9901 | €10,011 | -€3,933 | -€13,944 | |
| Financial charges | 65/66B | €82 | €121 | +€39 | +48.0% |
| Recurring financial charges | 65 | €82 | €121 | +€39 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €9,930 | -€4,054 | -€13,983 | |
| Income taxes | 67/77 | €2,781 | €190 | -€2,591 | -93.2% |
| Profit (loss) for the period | 9904 | €7,148 | -€4,244 | -€11,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,148 | -€4,244 | -€11,392 |
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 11 October 2026 via checked.be.