MIC.PI.DA.: 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.
MIC.PI.DA.
Largest movements
- Cash +€59,038
up €59,038 (+43.1%), from €136,869 to €195,907
mainly Net result for the year (+€60,978) and Debts after one year (+€35,398)
- Tangible fixed assets +€27,530
up €27,530 (+53.4%), from €51,540 to €79,070
of which Furniture and vehicles: +€22,081
- Receivables within one year +€20,173
up €20,173 (+31.3%), from €64,545 to €84,718
of which Trade receivables: +€29,788
- Debts after one year +€35,398
up €35,398 (+23.9%), from €147,851 to €183,249
- Trade debts +€29,665
up €29,665 (+84.8%), from €34,968 to €64,633
- Profit (loss) carried forward +€25,978
up €25,978 (+60.8%), from €42,705 to €68,683
- Tax, wage and social debts +€13,550
up €13,550 (+51.2%), from €26,448 to €39,998
of which Remuneration and social security: +€10,580
- Staff costs +€74,924
up €74,924 (+36.4%), from €205,615 to €280,539
- Other operating charges -€60,292
down €60,292 (-86.2%), from €69,921 to €9,629
- Gross operating margin +€35,508
up €35,508 (+10.5%), from €339,577 to €375,085
- Taxes +€10,156
up €10,156, from -€713 to €9,444
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 | €258,173 | €362,763 | +€104,590 | +40.5% |
| Fixed assets | 21/28 | €51,540 | €79,070 | +€27,530 | +53.4% |
| Tangible fixed assets | 22/27 | €51,540 | €79,070 | +€27,530 | +53.4% |
| Plant, machinery and equipment | 23 | €543 | €13,748 | +€13,205 | +2431.1% |
| Furniture and vehicles | 24 | €4,290 | €26,372 | +€22,081 | +514.7% |
| Other tangible fixed assets | 26 | €46,706 | €38,950 | -€7,756 | -16.6% |
| Current assets | 29/58 | €206,633 | €283,693 | +€77,060 | +37.3% |
| Stocks and contracts in progress | 3 | €3,815 | €1,550 | -€2,265 | -59.4% |
| Stocks | 30/36 | €3,815 | €1,550 | -€2,265 | -59.4% |
| Amounts receivable within one year | 40/41 | €64,545 | €84,718 | +€20,173 | +31.3% |
| Trade receivables | 40 | €52,270 | €82,058 | +€29,788 | +57.0% |
| Other amounts receivable | 41 | €12,276 | €2,660 | -€9,616 | -78.3% |
| Cash at bank and in hand | 54/58 | €136,869 | €195,907 | +€59,038 | +43.1% |
| Deferred charges and accrued income | 490/1 | €1,403 | €1,518 | +€115 | +8.2% |
| Total equity and liabilities | 10/49 | €258,173 | €362,763 | +€104,590 | +40.5% |
| Equity | 10/15 | €48,905 | €74,883 | +€25,978 | +53.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,705 | €68,683 | +€25,978 | +60.8% |
| Amounts payable | 17/49 | €209,267 | €287,880 | +€78,612 | +37.6% |
| Amounts payable after more than one year | 17 | €147,851 | €183,249 | +€35,398 | +23.9% |
| Other amounts payable | 178/9 | €147,851 | €183,249 | +€35,398 | +23.9% |
| Amounts payable within one year | 42/48 | €61,416 | €104,631 | +€43,214 | +70.4% |
| Trade debts | 44 | €34,968 | €64,633 | +€29,665 | +84.8% |
| Suppliers | 440/4 | €34,968 | €64,633 | +€29,665 | +84.8% |
| Taxes, remuneration and social security | 45 | €26,448 | €39,998 | +€13,550 | +51.2% |
| Taxes | 450/3 | €1,177 | €4,146 | +€2,970 | +252.4% |
| Remuneration and social security | 454/9 | €25,272 | €35,852 | +€10,580 | +41.9% |
| Remuneration, social security and pensions | 62 | €205,615 | €280,539 | +€74,924 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,218 | €10,884 | +€1,666 | +18.1% |
| Other operating charges | 640/8 | €69,921 | €9,629 | -€60,292 | -86.2% |
| Non-recurring operating charges | 66A | - | €3,073 | +€3,073 | |
| Gross operating margin | 9900 | €339,577 | €375,085 | +€35,508 | +10.5% |
| Operating profit (loss) | 9901 | €54,822 | €70,961 | +€16,138 | +29.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €548 | €539 | -€9 | -1.6% |
| Recurring financial charges | 65 | €548 | €539 | -€9 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €54,277 | €70,421 | +€16,144 | +29.7% |
| Income taxes | 67/77 | -€713 | €9,444 | +€10,156 | |
| Profit (loss) for the period | 9904 | €54,990 | €60,978 | +€5,988 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,990 | €60,978 | +€5,988 | +10.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.