MICK: 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.
MICK
Largest movements
- Receivables within one year -€115,457
down €115,457 (-22.1%), from €521,925 to €406,468
of which Other amounts receivable: -€88,390
- Cash -€41,995
down €41,995 (-21.1%), from €198,904 to €156,909
mainly Trade debts (-€177,670) and Deferred charges and accrued income (-€421)
- Trade debts -€177,670
down €177,670 (-81.9%), from €216,974 to €39,304
- Tax, wage and social debts +€11,943
up €11,943 (+24.6%), from €48,569 to €60,511
of which Taxes: +€12,201
- Staff costs -€14,612
down €14,612 (-4.4%), from €334,439 to €319,828
- Gross operating margin -€3,891
down €3,891 (-1.1%), from €368,183 to €364,292
- Financial income -€3,770
down €3,770 (-98.4%), from €3,831 to €61
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 | €733,971 | €574,440 | -€159,531 | -21.7% |
| Fixed assets | 21/28 | €5,597 | €3,097 | -€2,500 | -44.7% |
| Intangible fixed assets | 21 | €5,526 | €3,026 | -€2,500 | -45.2% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €728,375 | €571,344 | -€157,031 | -21.6% |
| Amounts receivable within one year | 40/41 | €521,925 | €406,468 | -€115,457 | -22.1% |
| Trade receivables | 40 | €51,906 | €24,838 | -€27,068 | -52.1% |
| Other amounts receivable | 41 | €470,020 | €381,630 | -€88,390 | -18.8% |
| Cash at bank and in hand | 54/58 | €198,904 | €156,909 | -€41,995 | -21.1% |
| Deferred charges and accrued income | 490/1 | €7,545 | €7,966 | +€421 | +5.6% |
| Total equity and liabilities | 10/49 | €733,971 | €574,440 | -€159,531 | -21.7% |
| Equity | 10/15 | €468,429 | €474,625 | +€6,197 | +1.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €446,429 | €452,625 | +€6,197 | +1.4% |
| Amounts payable | 17/49 | €265,542 | €99,815 | -€165,727 | -62.4% |
| Amounts payable within one year | 42/48 | €265,542 | €99,815 | -€165,727 | -62.4% |
| Trade debts | 44 | €216,974 | €39,304 | -€177,670 | -81.9% |
| Suppliers | 440/4 | €216,974 | €39,304 | -€177,670 | -81.9% |
| Taxes, remuneration and social security | 45 | €48,569 | €60,511 | +€11,943 | +24.6% |
| Taxes | 450/3 | €2,270 | €14,471 | +€12,201 | +537.5% |
| Remuneration and social security | 454/9 | €46,299 | €46,041 | -€258 | -0.6% |
| Remuneration, social security and pensions | 62 | €334,439 | €319,828 | -€14,612 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,500 | = | 0.0% |
| Other operating charges | 640/8 | €27,768 | €28,594 | +€826 | +3.0% |
| Gross operating margin | 9900 | €368,183 | €364,292 | -€3,891 | -1.1% |
| Operating profit (loss) | 9901 | €3,476 | €13,371 | +€9,894 | +284.6% |
| Financial income | 75/76B | €3,831 | €61 | -€3,770 | -98.4% |
| Recurring financial income | 75 | €3,831 | €61 | -€3,770 | -98.4% |
| Financial charges | 65/66B | €6,640 | €6,459 | -€181 | -2.7% |
| Recurring financial charges | 65 | €6,640 | €6,459 | -€181 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €667 | €6,973 | +€6,305 | +944.7% |
| Income taxes | 67/77 | €8 | €776 | +€768 | +9272.7% |
| Profit (loss) for the period | 9904 | €659 | €6,197 | +€5,537 | +840.1% |
| Profit (loss) for the period to be appropriated | 9905 | €659 | €6,197 | +€5,537 | +840.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.