MICAFLEX: 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.
MICAFLEX
Largest movements
- Cash +€39,078
up €39,078 (+97.1%), from €40,229 to €79,307
mainly Net result for the year (+€39,265) and Tax, wage and social debts (+€10,472)
- Receivables within one year +€18,759
up €18,759 (+35.8%), from €52,326 to €71,084
of which Trade receivables: +€18,661
- Reserves +€39,000
up €39,000 (+55.4%), from €70,460 to €109,460
of which Distributable reserves: +€39,000
- Tax, wage and social debts +€10,472
up €10,472 (+92.0%), from €11,380 to €21,852
of which Remuneration and social security: +€5,685
- Trade debts +€7,837
up €7,837 (+86.9%), from €9,018 to €16,855
- Staff costs +€10,765
up €10,765 (+17.5%), from €61,559 to €72,324
- Gross operating margin +€8,505
up €8,505 (+6.9%), from €123,320 to €131,825
- Taxes +€1,912
up €1,912 (+12.4%), from €15,428 to €17,340
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 | €97,595 | €155,160 | +€57,566 | +59.0% |
| Current assets | 29/58 | €97,595 | €155,160 | +€57,566 | +59.0% |
| Amounts receivable within one year | 40/41 | €52,326 | €71,084 | +€18,759 | +35.8% |
| Trade receivables | 40 | €48,225 | €66,886 | +€18,661 | +38.7% |
| Other amounts receivable | 41 | €4,101 | €4,198 | +€97 | +2.4% |
| Cash at bank and in hand | 54/58 | €40,229 | €79,307 | +€39,078 | +97.1% |
| Deferred charges and accrued income | 490/1 | €5,040 | €4,769 | -€271 | -5.4% |
| Total equity and liabilities | 10/49 | €97,595 | €155,160 | +€57,566 | +59.0% |
| Equity | 10/15 | €76,789 | €116,053 | +€39,265 | +51.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Outside capital | 11 | €6,300 | €6,300 | = | 0.0% |
| Other | 1109/19 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €70,460 | €109,460 | +€39,000 | +55.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,600 | €107,600 | +€39,000 | +56.9% |
| Profit (loss) carried forward | 14 | €29 | €293 | +€265 | +928.2% |
| Amounts payable | 17/49 | €20,806 | €39,107 | +€18,301 | +88.0% |
| Amounts payable within one year | 42/48 | €20,398 | €38,707 | +€18,309 | +89.8% |
| Trade debts | 44 | €9,018 | €16,855 | +€7,837 | +86.9% |
| Suppliers | 440/4 | €9,018 | €16,855 | +€7,837 | +86.9% |
| Taxes, remuneration and social security | 45 | €11,380 | €21,852 | +€10,472 | +92.0% |
| Taxes | 450/3 | €3,471 | €8,258 | +€4,786 | +137.9% |
| Remuneration and social security | 454/9 | €7,909 | €13,594 | +€5,685 | +71.9% |
| Accrued charges and deferred income | 492/3 | €408 | €400 | -€9 | -2.1% |
| Remuneration, social security and pensions | 62 | €61,559 | €72,324 | +€10,765 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | - | -€366 | |
| Other operating charges | 640/8 | €1,414 | €1,042 | -€372 | -26.3% |
| Gross operating margin | 9900 | €123,320 | €131,825 | +€8,505 | +6.9% |
| Operating profit (loss) | 9901 | €59,982 | €58,460 | -€1,522 | -2.5% |
| Financial income | 75/76B | €134 | €531 | +€396 | +294.7% |
| Recurring financial income | 75 | €134 | €531 | +€396 | +294.7% |
| Financial charges | 65/66B | €2,671 | €2,386 | -€286 | -10.7% |
| Recurring financial charges | 65 | €2,671 | €2,386 | -€286 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €57,445 | €56,605 | -€840 | -1.5% |
| Income taxes | 67/77 | €15,428 | €17,340 | +€1,912 | +12.4% |
| Profit (loss) for the period | 9904 | €42,017 | €39,265 | -€2,752 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,017 | €39,265 | -€2,752 | -6.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.