MICK: 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.
MICK
Largest movements
- Receivables within one year -€12,233
down €12,233 (-13.7%), from €89,299 to €77,066
of which Trade receivables: -€16,512
- Tangible fixed assets -€11,172
down €11,172 (-11.0%), from €101,443 to €90,271
of which Land and buildings: -€10,601
- Short-term financial debts -€11,660
no longer reported in 2025 (was €11,660)
- Debts after one year -€7,745
down €7,745 (-25.6%), from €30,207 to €22,463
- Trade debts +€5,234
up €5,234 (+1361.5%), from €384 to €5,619
- Tax, wage and social debts -€4,949
down €4,949 (-63.8%), from €7,751 to €2,803
- Current portion of long-term debt -€2,227
down €2,227 (-21.8%), from €10,216 to €7,989
- Gross operating margin +€2,237
up €2,237 (+8.7%), from €25,711 to €27,948
- Depreciation +€2,042
up €2,042 (+10.5%), from €19,518 to €21,560
- Financial charges +€562
up €562 (+14.6%), from €3,845 to €4,406
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 | €190,915 | €167,424 | -€23,491 | -12.3% |
| Fixed assets | 21/28 | €101,443 | €90,271 | -€11,172 | -11.0% |
| Tangible fixed assets | 22/27 | €101,443 | €90,271 | -€11,172 | -11.0% |
| Land and buildings | 22 | €100,056 | €89,455 | -€10,601 | -10.6% |
| Furniture and vehicles | 24 | €1,387 | €816 | -€571 | -41.2% |
| Current assets | 29/58 | €89,472 | €77,153 | -€12,319 | -13.8% |
| Amounts receivable within one year | 40/41 | €89,299 | €77,066 | -€12,233 | -13.7% |
| Trade receivables | 40 | €55,768 | €39,256 | -€16,512 | -29.6% |
| Other amounts receivable | 41 | €33,531 | €37,810 | +€4,279 | +12.8% |
| Cash at bank and in hand | 54/58 | €173 | €87 | -€86 | -49.9% |
| Total equity and liabilities | 10/49 | €190,915 | €167,424 | -€23,491 | -12.3% |
| Equity | 10/15 | €130,696 | €128,551 | -€2,145 | -1.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Outside capital | 11 | - | €30,987 | +€30,987 | |
| Other | 1109/19 | - | €30,987 | +€30,987 | |
| Reserves | 13 | €101,296 | €101,296 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €98,198 | €98,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,587 | -€3,732 | -€2,145 | -135.1% |
| Amounts payable | 17/49 | €60,219 | €38,872 | -€21,347 | -35.4% |
| Amounts payable after more than one year | 17 | €30,207 | €22,463 | -€7,745 | -25.6% |
| Financial debts | 170/4 | €30,207 | €22,463 | -€7,745 | -25.6% |
| Amounts payable within one year | 42/48 | €30,012 | €16,410 | -€13,602 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €10,216 | €7,989 | -€2,227 | -21.8% |
| Financial debts | 43 | €11,660 | - | -€11,660 | |
| Other loans | 439 | €11,660 | - | -€11,660 | |
| Trade debts | 44 | €384 | €5,619 | +€5,234 | +1361.5% |
| Suppliers | 440/4 | €384 | €5,619 | +€5,234 | +1361.5% |
| Taxes, remuneration and social security | 45 | €7,751 | €2,803 | -€4,949 | -63.8% |
| Taxes | 450/3 | €7,751 | €2,803 | -€4,949 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,518 | €21,560 | +€2,042 | +10.5% |
| Other operating charges | 640/8 | €3,936 | €4,127 | +€190 | +4.8% |
| Gross operating margin | 9900 | €25,711 | €27,948 | +€2,237 | +8.7% |
| Operating profit (loss) | 9901 | €2,258 | €2,262 | +€4 | +0.2% |
| Financial charges | 65/66B | €3,845 | €4,406 | +€562 | +14.6% |
| Recurring financial charges | 65 | €3,845 | €4,406 | +€562 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,587 | -€2,145 | -€557 | -35.1% |
| Profit (loss) for the period | 9904 | -€1,587 | -€2,145 | -€557 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,587 | -€2,145 | -€557 | -35.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.