MICLIP: 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.
MICLIP
Largest movements
- Tangible fixed assets -€20,591
down €20,591 (-29.3%), from €70,269 to €49,679
- Receivables within one year -€12,369
down €12,369 (-9.9%), from €124,640 to €112,271
of which Trade receivables: -€12,705
- Cash -€2,872
down €2,872 (-50.4%), from €5,697 to €2,825
mainly Net result for the year (-€17,211) and Other debts (-€9,917)
- Profit (loss) carried forward -€17,211
down €17,211 (-20.2%), from -€85,071 to -€102,282
- Other debts -€9,917
down €9,917 (-4.8%), from €207,476 to €197,560
- Debts after one year -€6,484
no longer reported in 2025 (was €6,484)
- Gross operating margin -€16,183
down €16,183 (-75.5%), from €21,438 to €5,254
- Depreciation -€1,258
down €1,258 (-5.8%), from €21,849 to €20,591
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 | €201,282 | €165,460 | -€35,822 | -17.8% |
| Fixed assets | 21/28 | €70,269 | €49,679 | -€20,591 | -29.3% |
| Tangible fixed assets | 22/27 | €70,269 | €49,679 | -€20,591 | -29.3% |
| Land and buildings | 22 | €70,269 | €49,679 | -€20,591 | -29.3% |
| Current assets | 29/58 | €131,012 | €115,782 | -€15,231 | -11.6% |
| Amounts receivable within one year | 40/41 | €124,640 | €112,271 | -€12,369 | -9.9% |
| Trade receivables | 40 | €97,670 | €84,965 | -€12,705 | -13.0% |
| Other amounts receivable | 41 | €26,970 | €27,306 | +€336 | +1.2% |
| Cash at bank and in hand | 54/58 | €5,697 | €2,825 | -€2,872 | -50.4% |
| Deferred charges and accrued income | 490/1 | €675 | €685 | +€10 | +1.5% |
| Total equity and liabilities | 10/49 | €201,282 | €165,460 | -€35,822 | -17.8% |
| Equity | 10/15 | -€23,071 | -€40,282 | -€17,211 | -74.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,071 | -€102,282 | -€17,211 | -20.2% |
| Amounts payable | 17/49 | €224,352 | €205,742 | -€18,610 | -8.3% |
| Amounts payable after more than one year | 17 | €6,484 | - | -€6,484 | |
| Financial debts | 170/4 | €6,484 | - | -€6,484 | |
| Amounts payable within one year | 42/48 | €217,868 | €205,742 | -€12,126 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €8,495 | €6,484 | -€2,011 | -23.7% |
| Trade debts | 44 | €1,658 | €1,699 | +€41 | +2.5% |
| Suppliers | 440/4 | €1,658 | €1,699 | +€41 | +2.5% |
| Taxes, remuneration and social security | 45 | €239 | - | -€239 | |
| Taxes | 450/3 | €239 | - | -€239 | |
| Other amounts payable | 47/48 | €207,476 | €197,560 | -€9,917 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,849 | €20,591 | -€1,258 | -5.8% |
| Other operating charges | 640/8 | €1,553 | €1,599 | +€46 | +2.9% |
| Gross operating margin | 9900 | €21,438 | €5,254 | -€16,183 | -75.5% |
| Operating profit (loss) | 9901 | -€1,964 | -€16,935 | -€14,971 | -762.2% |
| Financial charges | 65/66B | €478 | €276 | -€202 | -42.3% |
| Recurring financial charges | 65 | €478 | €276 | -€202 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,443 | -€17,211 | -€14,769 | -604.6% |
| Profit (loss) for the period | 9904 | -€2,443 | -€17,211 | -€14,769 | -604.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,443 | -€17,211 | -€14,769 | -604.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.