MICICO: 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.
MICICO
Largest movements
- Cash +€31,082
up €31,082 (+76.0%), from €40,912 to €71,994
mainly Net result for the year (+€37,764) and Tax, wage and social debts (+€9,441)
- Receivables within one year -€5,367
down €5,367 (-56.0%), from €9,592 to €4,225
of which Trade receivables: -€5,675
- Profit (loss) carried forward +€37,764
up €37,764 (+179.6%), from €21,028 to €58,792
- Trade debts -€20,872
no longer reported in 2025 (was €20,872)
- Tax, wage and social debts +€9,441
up €9,441 (+177.3%), from €5,326 to €14,767
- Gross operating margin +€20,968
up €20,968 (+79.3%), from €26,448 to €47,416
- Taxes +€4,116
up €4,116 (+77.3%), from €5,326 to €9,441
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 | €50,504 | €76,836 | +€26,333 | +52.1% |
| Current assets | 29/58 | €50,504 | €76,836 | +€26,333 | +52.1% |
| Amounts receivable within one year | 40/41 | €9,592 | €4,225 | -€5,367 | -56.0% |
| Trade receivables | 40 | €9,210 | €3,535 | -€5,675 | -61.6% |
| Other amounts receivable | 41 | €382 | €690 | +€308 | +80.7% |
| Cash at bank and in hand | 54/58 | €40,912 | €71,994 | +€31,082 | +76.0% |
| Deferred charges and accrued income | 490/1 | - | €617 | +€617 | |
| Total equity and liabilities | 10/49 | €50,504 | €76,836 | +€26,333 | +52.1% |
| Equity | 10/15 | €23,528 | €61,292 | +€37,764 | +160.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,028 | €58,792 | +€37,764 | +179.6% |
| Amounts payable | 17/49 | €26,976 | €15,544 | -€11,432 | -42.4% |
| Amounts payable within one year | 42/48 | €26,976 | €15,544 | -€11,432 | -42.4% |
| Trade debts | 44 | €20,872 | - | -€20,872 | |
| Suppliers | 440/4 | €20,872 | - | -€20,872 | |
| Taxes, remuneration and social security | 45 | €5,326 | €14,767 | +€9,441 | +177.3% |
| Taxes | 450/3 | €5,326 | €14,767 | +€9,441 | +177.3% |
| Other amounts payable | 47/48 | €778 | €778 | -€0 | 0.0% |
| Other operating charges | 640/8 | €150 | €150 | = | 0.0% |
| Gross operating margin | 9900 | €26,448 | €47,416 | +€20,968 | +79.3% |
| Operating profit (loss) | 9901 | €26,298 | €47,266 | +€20,968 | +79.7% |
| Financial income | 75/76B | €150 | €11 | -€139 | -92.4% |
| Recurring financial income | 75 | €150 | €11 | -€139 | -92.4% |
| Non-recurring financial income | 76B | €150 | - | -€150 | |
| Financial charges | 65/66B | €94 | €72 | -€22 | -23.7% |
| Recurring financial charges | 65 | €94 | €72 | -€22 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €26,353 | €47,205 | +€20,852 | +79.1% |
| Income taxes | 67/77 | €5,326 | €9,441 | +€4,116 | +77.3% |
| Profit (loss) for the period | 9904 | €21,028 | €37,764 | +€16,736 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,028 | €37,764 | +€16,736 | +79.6% |
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 12 October 2026 via checked.be.