MICKELENTRIK: 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.
MICKELENTRIK
Largest movements
- Cash +€19,161
up €19,161 (+159%), from €12,021 to €31,182
mainly Net result for the year (+€13,798) and Receivables within one year (+€8,921)
- Receivables within one year -€8,921
down €8,921 (-49.1%), from €18,170 to €9,249
of which Trade receivables: -€8,033
- Tangible fixed assets -€6,361
down €6,361 (-20.7%), from €30,735 to €24,374
- Reserves +€13,798
up €13,798 (+75.4%), from €18,308 to €32,106
- Debts after one year -€4,448
down €4,448 (-28.0%), from €15,914 to €11,466
- Other debts -€4,021
down €4,021 (-31.8%), from €12,662 to €8,641
- Trade debts -€2,421
down €2,421 (-77.5%), from €3,125 to €704
- Gross operating margin +€3,930
up €3,930 (+16.1%), from €24,364 to €28,294
- Depreciation +€3,594
up €3,594 (+77.3%), from €4,650 to €8,244
- Other operating charges +€314
up €314 (+66.6%), from €471 to €785
- Taxes +€293
up €293 (+7.3%), from €3,983 to €4,276
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.
Derived cash bridge
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 | €63,761 | €67,231 | +€3,469 | +5.4% |
| Fixed assets | 21/28 | €30,735 | €24,374 | -€6,361 | -20.7% |
| Tangible fixed assets | 22/27 | €30,735 | €24,374 | -€6,361 | -20.7% |
| Furniture and vehicles | 24 | €30,735 | €24,374 | -€6,361 | -20.7% |
| Current assets | 29/58 | €33,026 | €42,857 | +€9,830 | +29.8% |
| Amounts receivable within one year | 40/41 | €18,170 | €9,249 | -€8,921 | -49.1% |
| Trade receivables | 40 | €17,138 | €9,105 | -€8,033 | -46.9% |
| Other amounts receivable | 41 | €1,032 | €144 | -€888 | -86.1% |
| Cash at bank and in hand | 54/58 | €12,021 | €31,182 | +€19,161 | +159% |
| Deferred charges and accrued income | 490/1 | €2,836 | €2,426 | -€410 | -14.5% |
| Total equity and liabilities | 10/49 | €63,761 | €67,231 | +€3,469 | +5.4% |
| Equity | 10/15 | €23,308 | €37,106 | +€13,798 | +59.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,308 | €32,106 | +€13,798 | +75.4% |
| Distributable reserves | 133 | €18,308 | €32,106 | +€13,798 | +75.4% |
| Amounts payable | 17/49 | €40,453 | €30,125 | -€10,328 | -25.5% |
| Amounts payable after more than one year | 17 | €15,914 | €11,466 | -€4,448 | -28.0% |
| Financial debts | 170/4 | €15,914 | €11,466 | -€4,448 | -28.0% |
| Amounts payable within one year | 42/48 | €24,539 | €18,659 | -€5,880 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €4,372 | €4,448 | +€77 | +1.8% |
| Trade debts | 44 | €3,125 | €704 | -€2,421 | -77.5% |
| Suppliers | 440/4 | €3,125 | €704 | -€2,421 | -77.5% |
| Taxes, remuneration and social security | 45 | €4,379 | €4,865 | +€486 | +11.1% |
| Taxes | 450/3 | €4,379 | €4,865 | +€486 | +11.1% |
| Other amounts payable | 47/48 | €12,662 | €8,641 | -€4,021 | -31.8% |
| Remuneration, social security and pensions | 62 | - | €205 | +€205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,650 | €8,244 | +€3,594 | +77.3% |
| Other operating charges | 640/8 | €471 | €785 | +€314 | +66.6% |
| Gross operating margin | 9900 | €24,364 | €28,294 | +€3,930 | +16.1% |
| Operating profit (loss) | 9901 | €19,243 | €19,060 | -€183 | -0.9% |
| Financial income | 75/76B | €4 | €1 | -€3 | -86.5% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -86.5% |
| Financial charges | 65/66B | €720 | €988 | +€268 | +37.2% |
| Recurring financial charges | 65 | €720 | €988 | +€268 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €18,527 | €18,073 | -€454 | -2.4% |
| Income taxes | 67/77 | €3,983 | €4,276 | +€293 | +7.3% |
| Profit (loss) for the period | 9904 | €14,544 | €13,798 | -€746 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,544 | €13,798 | -€746 | -5.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.