MIC@WORK: what changed
What changed
MIC@WORK
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€27,412
2024 · €36,095-€8,683
Equity
€106,854
2024 · €119,167-€12,313
Cash
€39,723
2024 · €41,364-€1,640
Balance sheet total
€296,268
2024 · €298,012-€1,744
Largest movements
Assets
- Tangible fixed assets -€9,743
down €9,743 (-4.1%), from €236,402 to €226,659
of which Land and buildings: -€7,195
- Receivables within one year +€9,347
up €9,347 (+53.8%), from €17,388 to €26,735
of which Trade receivables: +€7,266
Equity and liabilities
- Other debts +€33,914
up €33,914 (+759%), from €4,468 to €38,382
- Debts after one year -€19,683
down €19,683 (-14.4%), from €136,963 to €117,281
- Reserves -€12,313
down €12,313 (-10.9%), from €112,967 to €100,654
of which Distributable reserves: -€12,313
- Current portion of long-term debt -€3,764
down €3,764 (-16.1%), from €23,447 to €19,683
Income statement
- Gross operating margin -€13,490
down €13,490 (-18.7%), from €72,182 to €58,692
- Taxes -€3,247
down €3,247 (-20.0%), from €16,199 to €12,952
- Financial charges -€1,566
down €1,566 (-20.6%), from €7,613 to €6,047
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.
Result 2024
€36,095
Gross operating margin
-€13,490
Depreciation
-€56
Other operating charges
-€111
Other operating items
+€149
Financial income
+€11
Financial charges
+€1,566
Taxes
+€3,247
Result 2025
€27,412
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€62,591
Investment
-€1,060
Financing
-€63,171
Cash 2024
€41,364
From operations (derived)
+€62,591
Net result for the year
+€27,412
Depreciation
+€10,804
Receivables within one year
-€9,347
Deferred charges and accrued income
-€292
Trade debts
-€2,254
Tax, wage and social debts
+€2,356
Other debts
+€33,914
Investment (derived)
-€1,060
Investment in fixed assets (net)
-€1,060
Financing
-€63,171
Debts after one year
-€19,683
Current portion of long-term debt
-€3,764
Contributions, distributions and other
-€39,725
Cash 2025
€39,723
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,012 | €296,268 | -€1,744 | -0.6% |
| Fixed assets | 21/28 | €236,402 | €226,659 | -€9,743 | -4.1% |
| Tangible fixed assets | 22/27 | €236,402 | €226,659 | -€9,743 | -4.1% |
| Land and buildings | 22 | €227,673 | €220,478 | -€7,195 | -3.2% |
| Furniture and vehicles | 24 | €8,729 | €6,181 | -€2,549 | -29.2% |
| Current assets | 29/58 | €61,610 | €69,609 | +€7,999 | +13.0% |
| Amounts receivable within one year | 40/41 | €17,388 | €26,735 | +€9,347 | +53.8% |
| Trade receivables | 40 | €17,388 | €24,654 | +€7,266 | +41.8% |
| Other amounts receivable | 41 | €0 | €2,081 | +€2,081 | |
| Cash at bank and in hand | 54/58 | €41,364 | €39,723 | -€1,640 | -4.0% |
| Deferred charges and accrued income | 490/1 | €2,859 | €3,151 | +€292 | +10.2% |
| Total equity and liabilities | 10/49 | €298,012 | €296,268 | -€1,744 | -0.6% |
| Equity | 10/15 | €119,167 | €106,854 | -€12,313 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,967 | €100,654 | -€12,313 | -10.9% |
| Tax-exempt reserves | 132 | €18,112 | €18,112 | = | 0.0% |
| Distributable reserves | 133 | €94,855 | €82,542 | -€12,313 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,845 | €189,414 | +€10,568 | +5.9% |
| Amounts payable after more than one year | 17 | €136,963 | €117,281 | -€19,683 | -14.4% |
| Financial debts | 170/4 | €136,963 | €117,281 | -€19,683 | -14.4% |
| Amounts payable within one year | 42/48 | €41,882 | €72,133 | +€30,251 | +72.2% |
| Current portion of amounts payable after more than one year | 42 | €23,447 | €19,683 | -€3,764 | -16.1% |
| Trade debts | 44 | €4,739 | €2,485 | -€2,254 | -47.6% |
| Suppliers | 440/4 | €4,739 | €2,485 | -€2,254 | -47.6% |
| Taxes, remuneration and social security | 45 | €9,228 | €11,584 | +€2,356 | +25.5% |
| Taxes | 450/3 | €9,228 | €11,584 | +€2,356 | +25.5% |
| Other amounts payable | 47/48 | €4,468 | €38,382 | +€33,914 | +759% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,748 | €10,804 | +€56 | +0.5% |
| Other operating charges | 640/8 | €1,481 | €1,591 | +€111 | +7.5% |
| Non-recurring operating charges | 66A | €149 | €0 | -€149 | -100% |
| Gross operating margin | 9900 | €72,182 | €58,692 | -€13,490 | -18.7% |
| Operating profit (loss) | 9901 | €59,804 | €46,297 | -€13,507 | -22.6% |
| Financial income | 75/76B | €102 | €113 | +€11 | +10.7% |
| Recurring financial income | 75 | €102 | €113 | +€11 | +10.7% |
| Financial charges | 65/66B | €7,613 | €6,047 | -€1,566 | -20.6% |
| Recurring financial charges | 65 | €7,613 | €6,047 | -€1,566 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €52,294 | €40,364 | -€11,930 | -22.8% |
| Income taxes | 67/77 | €16,199 | €12,952 | -€3,247 | -20.0% |
| Profit (loss) for the period | 9904 | €36,095 | €27,412 | -€8,683 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,095 | €27,412 | -€8,683 | -24.1% |
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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 6 November 2026 via checked.be.