MICA CONCEPT: 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.
MICA CONCEPT
Largest movements
- Cash +€211,797
up €211,797 (+1,461%), from €14,498 to €226,295
mainly Other debts (+€304,676) and Net result for the year (+€290,024)
- Stocks and contracts +€138,228
up €138,228 (+5.6%), from €2.5m to €2.6m
of which Contracts in progress: +€1.7m
- Tangible fixed assets -€66,107
down €66,107 (-10.1%), from €652,644 to €586,537
- Short-term financial debts -€485,796
down €485,796 (-28.5%), from €1.7m to €1.2m
- Other debts +€304,676
up €304,676 (+53.4%), from €570,590 to €875,266
- Profit (loss) carried forward +€226,702
up €226,702, from -€226,702 to €0
- Advances received +€200,000
new in 2025: €200,000
- Reserves +€63,323
up €63,323 (+8.5%), from €741,766 to €805,089
- Gross operating margin +€510,733
up €510,733 (+3,380%), from €15,110 to €525,843
- Taxes +€42,708
new in 2025: €42,708
- Financial charges -€13,645
down €13,645 (-12.1%), from €112,503 to €98,858
- Other operating charges -€8,191
down €8,191 (-22.5%), from €36,336 to €28,145
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 | €3,169,753 | €3,440,934 | +€271,182 | +8.6% |
| Fixed assets | 21/28 | €653,854 | €587,747 | -€66,107 | -10.1% |
| Tangible fixed assets | 22/27 | €652,644 | €586,537 | -€66,107 | -10.1% |
| Land and buildings | 22 | €480,081 | €451,588 | -€28,493 | -5.9% |
| Plant, machinery and equipment | 23 | €5,648 | €2,667 | -€2,981 | -52.8% |
| Furniture and vehicles | 24 | €102,569 | €76,571 | -€25,998 | -25.3% |
| Other tangible fixed assets | 26 | €64,346 | €55,711 | -€8,635 | -13.4% |
| Financial fixed assets | 28 | €1,210 | €1,210 | = | 0.0% |
| Current assets | 29/58 | €2,515,898 | €2,853,187 | +€337,289 | +13.4% |
| Stocks and contracts in progress | 3 | €2,471,236 | €2,609,464 | +€138,228 | +5.6% |
| Stocks | 30/36 | €2,471,236 | €866,005 | -€1.6m | -65.0% |
| Contracts in progress | 37 | - | €1,743,459 | +€1.7m | |
| Amounts receivable within one year | 40/41 | €20,611 | €9,122 | -€11,489 | -55.7% |
| Trade receivables | 40 | €69 | €42 | -€27 | -39.5% |
| Other amounts receivable | 41 | €20,542 | €9,080 | -€11,461 | -55.8% |
| Cash at bank and in hand | 54/58 | €14,498 | €226,295 | +€211,797 | +1,461% |
| Deferred charges and accrued income | 490/1 | €9,554 | €8,306 | -€1,248 | -13.1% |
| Total equity and liabilities | 10/49 | €3,169,753 | €3,440,934 | +€271,182 | +8.6% |
| Equity | 10/15 | €521,265 | €811,289 | +€290,024 | +55.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €741,766 | €805,089 | +€63,323 | +8.5% |
| Distributable reserves | 133 | €741,766 | €805,089 | +€63,323 | +8.5% |
| Profit (loss) carried forward | 14 | -€226,702 | €0 | +€226,702 | |
| Amounts payable | 17/49 | €2,648,488 | €2,629,645 | -€18,843 | -0.7% |
| Amounts payable after more than one year | 17 | €275,485 | €258,631 | -€16,853 | -6.1% |
| Financial debts | 170/4 | €275,485 | €258,631 | -€16,853 | -6.1% |
| Amounts payable within one year | 42/48 | €2,355,497 | €2,341,456 | -€14,041 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,637 | - | -€16,637 | |
| Financial debts | 43 | €1,702,649 | €1,216,853 | -€485,796 | -28.5% |
| Credit institutions | 430/8 | €1,702,649 | €1,216,853 | -€485,796 | -28.5% |
| Trade debts | 44 | €48,915 | €19,147 | -€29,768 | -60.9% |
| Suppliers | 440/4 | €48,915 | €19,147 | -€29,768 | -60.9% |
| Advances received on contracts in progress | 46 | - | €200,000 | +€200,000 | |
| Taxes, remuneration and social security | 45 | €16,706 | €30,190 | +€13,484 | +80.7% |
| Taxes | 450/3 | €10,706 | €24,190 | +€13,484 | +126% |
| Remuneration and social security | 454/9 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 47/48 | €570,590 | €875,266 | +€304,676 | +53.4% |
| Accrued charges and deferred income | 492/3 | €17,507 | €29,558 | +€12,051 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,187 | €66,107 | +€920 | +1.4% |
| Other operating charges | 640/8 | €36,336 | €28,145 | -€8,191 | -22.5% |
| Gross operating margin | 9900 | €15,110 | €525,843 | +€510,733 | +3,380% |
| Operating profit (loss) | 9901 | -€86,413 | €431,591 | +€518,004 | |
| Financial charges | 65/66B | €112,503 | €98,858 | -€13,645 | -12.1% |
| Recurring financial charges | 65 | €112,503 | €98,858 | -€13,645 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€198,916 | €332,733 | +€531,648 | |
| Income taxes | 67/77 | - | €42,708 | +€42,708 | |
| Profit (loss) for the period | 9904 | -€198,916 | €290,024 | +€488,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€198,916 | €290,024 | +€488,940 |
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 26 October 2026 via checked.be.