MICCICHE CONSTRUCTION: 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.
MICCICHE CONSTRUCTION
Largest movements
- Tangible fixed assets +€51,078
up €51,078 (+1,743%), from €2,930 to €54,008
of which Plant, machinery and equipment: +€45,945
- Receivables within one year +€32,648
up €32,648 (+14.3%), from €227,694 to €260,342
of which Trade receivables: +€38,425
- Stocks and contracts +€4,504
new in 2024: €4,504
- Tax, wage and social debts +€32,908
up €32,908 (+103%), from €31,813 to €64,721
of which Taxes: +€32,161
- Debts after one year +€32,358
up €32,358 (+52.1%), from €62,162 to €94,520
- Current portion of long-term debt +€11,019
up €11,019 (+102%), from €10,828 to €21,848
- Trade debts +€10,253
up €10,253 (+7.9%), from €129,779 to €140,032
- Reserves +€4,678
up €4,678 (+17.7%), from €26,460 to €31,138
of which Distributable reserves: +€4,678
- Gross operating margin -€9,594
down €9,594 (-5.2%), from €185,775 to €176,181
- Financial charges +€7,202
up €7,202 (+47.6%), from €15,120 to €22,322
- Taxes -€5,186
down €5,186 (-54.8%), from €9,472 to €4,286
- Other operating charges -€3,751
down €3,751 (-53.1%), from €7,059 to €3,308
- Staff costs +€2,385
up €2,385 (+1.8%), from €133,486 to €135,871
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,998 | €373,982 | +€88,983 | +31.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,351 | €54,429 | +€51,078 | +1,524% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,930 | €54,008 | +€51,078 | +1,743% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €921 | €46,866 | +€45,945 | +4,991% |
| Furniture and vehicles | 24 | €2,010 | €7,143 | +€5,133 | +255% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €281,647 | €319,553 | +€37,906 | +13.5% |
| Stocks and contracts in progress | 3 | - | €4,504 | +€4,504 | |
| Stocks | 30/36 | - | €4,504 | +€4,504 | |
| Amounts receivable within one year | 40/41 | €227,694 | €260,342 | +€32,648 | +14.3% |
| Trade receivables | 40 | €186,023 | €224,448 | +€38,425 | +20.7% |
| Other amounts receivable | 41 | €41,671 | €35,893 | -€5,778 | -13.9% |
| Cash at bank and in hand | 54/58 | €49,409 | €51,849 | +€2,440 | +4.9% |
| Deferred charges and accrued income | 490/1 | €4,545 | €2,859 | -€1,686 | -37.1% |
| Total equity and liabilities | 10/49 | €284,998 | €373,982 | +€88,983 | +31.2% |
| Equity | 10/15 | €42,385 | €47,062 | +€4,678 | +11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,460 | €31,138 | +€4,678 | +17.7% |
| 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 | €24,600 | €29,278 | +€4,678 | +19.0% |
| Profit (loss) carried forward | 14 | €3,525 | €3,525 | = | 0.0% |
| Amounts payable | 17/49 | €242,614 | €326,919 | +€84,306 | +34.7% |
| Amounts payable after more than one year | 17 | €62,162 | €94,520 | +€32,358 | +52.1% |
| Financial debts | 170/4 | €62,162 | €94,520 | +€32,358 | +52.1% |
| Amounts payable within one year | 42/48 | €172,451 | €226,949 | +€54,498 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €10,828 | €21,848 | +€11,019 | +102% |
| Financial debts | 43 | €31 | €0 | -€31 | -100% |
| Credit institutions | 430/8 | €31 | €0 | -€31 | -100% |
| Trade debts | 44 | €129,779 | €140,032 | +€10,253 | +7.9% |
| Suppliers | 440/4 | €129,779 | €140,032 | +€10,253 | +7.9% |
| Taxes, remuneration and social security | 45 | €31,813 | €64,721 | +€32,908 | +103% |
| Taxes | 450/3 | €22,518 | €54,679 | +€32,161 | +143% |
| Remuneration and social security | 454/9 | €9,295 | €10,042 | +€746 | +8.0% |
| Other amounts payable | 47/48 | - | €348 | +€348 | |
| Accrued charges and deferred income | 492/3 | €8,000 | €5,450 | -€2,550 | -31.9% |
| Non-recurring operating income | 76A | - | €5,742 | +€5,742 | |
| Remuneration, social security and pensions | 62 | €133,486 | €135,871 | +€2,385 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,753 | €3,939 | -€814 | -17.1% |
| Other operating charges | 640/8 | €7,059 | €3,308 | -€3,751 | -53.1% |
| Non-recurring operating charges | 66A | - | €5,590 | +€5,590 | |
| Gross operating margin | 9900 | €185,775 | €176,181 | -€9,594 | -5.2% |
| Operating profit (loss) | 9901 | €40,477 | €27,473 | -€13,004 | -32.1% |
| Financial income | 75/76B | €1,852 | €3,813 | +€1,961 | +106% |
| Recurring financial income | 75 | €1,852 | €3,813 | +€1,961 | +106% |
| Financial charges | 65/66B | €15,120 | €22,322 | +€7,202 | +47.6% |
| Recurring financial charges | 65 | €15,120 | €22,322 | +€7,202 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | €27,209 | €8,964 | -€18,245 | -67.1% |
| Income taxes | 67/77 | €9,472 | €4,286 | -€5,186 | -54.8% |
| Profit (loss) for the period | 9904 | €17,737 | €4,678 | -€13,059 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,737 | €4,678 | -€13,059 | -73.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.