MICANT: 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.
MICANT
Largest movements
- Cash +€99,491
up €99,491 (+1108.1%), from €8,978 to €108,470
mainly Net result for the year (+€90,357) and Receivables within one year (+€70,810)
- Receivables within one year -€70,810
down €70,810 (-24.3%), from €291,235 to €220,425
of which Trade receivables: -€118,315
- Receivables after one year +€24,000
new in 2025: €24,000
- Tangible fixed assets -€5,510
down €5,510 (-46.4%), from €11,871 to €6,361
- Profit (loss) carried forward +€90,357
up €90,357 (+46.0%), from €196,579 to €286,935
- Trade debts -€32,364
down €32,364 (-88.4%), from €36,625 to €4,261
- Tax, wage and social debts -€7,497
down €7,497 (-9.6%), from €77,881 to €70,384
- Gross operating margin +€28,319
up €28,319 (+27.5%), from €103,087 to €131,407
- Taxes +€9,811
up €9,811 (+34.0%), from €28,865 to €38,675
- Financial charges -€4,921
down €4,921 (-56.9%), from €8,645 to €3,724
- Financial income +€2,826
up €2,826 (+62.1%), from €4,553 to €7,379
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 | €312,084 | €362,581 | +€50,496 | +16.2% |
| Fixed assets | 21/28 | €11,871 | €6,361 | -€5,510 | -46.4% |
| Tangible fixed assets | 22/27 | €11,871 | €6,361 | -€5,510 | -46.4% |
| Furniture and vehicles | 24 | €11,871 | €6,361 | -€5,510 | -46.4% |
| Current assets | 29/58 | €300,213 | €356,220 | +€56,006 | +18.7% |
| Amounts receivable after more than one year | 29 | - | €24,000 | +€24,000 | |
| Other amounts receivable | 291 | - | €24,000 | +€24,000 | |
| Amounts receivable within one year | 40/41 | €291,235 | €220,425 | -€70,810 | -24.3% |
| Trade receivables | 40 | €178,854 | €60,539 | -€118,315 | -66.2% |
| Other amounts receivable | 41 | €112,381 | €159,887 | +€47,505 | +42.3% |
| Cash at bank and in hand | 54/58 | €8,978 | €108,470 | +€99,491 | +1108.1% |
| Deferred charges and accrued income | 490/1 | - | €3,325 | +€3,325 | |
| Total equity and liabilities | 10/49 | €312,084 | €362,581 | +€50,496 | +16.2% |
| Equity | 10/15 | €197,579 | €287,935 | +€90,357 | +45.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,579 | €286,935 | +€90,357 | +46.0% |
| Amounts payable | 17/49 | €114,505 | €74,645 | -€39,860 | -34.8% |
| Amounts payable within one year | 42/48 | €114,505 | €74,645 | -€39,860 | -34.8% |
| Trade debts | 44 | €36,625 | €4,261 | -€32,364 | -88.4% |
| Suppliers | 440/4 | €36,625 | €4,261 | -€32,364 | -88.4% |
| Taxes, remuneration and social security | 45 | €77,881 | €70,384 | -€7,497 | -9.6% |
| Taxes | 450/3 | €77,881 | €70,384 | -€7,497 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,510 | €5,510 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €103,087 | €131,407 | +€28,319 | +27.5% |
| Operating profit (loss) | 9901 | €97,072 | €125,377 | +€28,305 | +29.2% |
| Financial income | 75/76B | €4,553 | €7,379 | +€2,826 | +62.1% |
| Recurring financial income | 75 | €4,553 | €7,379 | +€2,826 | +62.1% |
| Financial charges | 65/66B | €8,645 | €3,724 | -€4,921 | -56.9% |
| Recurring financial charges | 65 | €8,645 | €3,724 | -€4,921 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €92,981 | €129,032 | +€36,051 | +38.8% |
| Income taxes | 67/77 | €28,865 | €38,675 | +€9,811 | +34.0% |
| Profit (loss) for the period | 9904 | €64,116 | €90,357 | +€26,240 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,116 | €90,357 | +€26,240 | +40.9% |
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 29 September 2026 via checked.be.