MICO-GROUP: 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.
MICO-GROUP
Largest movements
- Receivables within one year -€22,256
down €22,256 (-19.6%), from €113,663 to €91,407
of which Other amounts receivable: -€16,752
- Cash +€1,582
up €1,582 (+812%), from €195 to €1,777
mainly Receivables within one year (+€22,256) and Tax, wage and social debts (+€14,679)
- Tangible fixed assets -€1,401
down €1,401 (-37.4%), from €3,749 to €2,348
of which Furniture and vehicles: -€1,104
- Profit (loss) carried forward -€24,618
down €24,618 (-44.1%), from €55,836 to €31,219
- Trade debts -€16,512
down €16,512 (-96.1%), from €17,189 to €678
- Tax, wage and social debts +€14,679
up €14,679 (+271%), from €5,422 to €20,101
of which Taxes: +€9,316
- Other debts +€9,535
new in 2024: €9,535
- Accrued charges and deferred income -€5,159
no longer reported in 2024 (was €5,159)
- Turnover -€70,101
down €70,101 (-60.4%), from €116,151 to €46,050
- Purchases and services -€60,065
down €60,065 (-45.2%), from €132,965 to €72,901
- Gross operating margin -€10,036
down €10,036 (-59.7%), from -€16,814 to -€26,850
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,607 | €95,532 | -€22,075 | -18.8% |
| Fixed assets | 21/28 | €3,749 | €2,348 | -€1,401 | -37.4% |
| Tangible fixed assets | 22/27 | €3,749 | €2,348 | -€1,401 | -37.4% |
| Plant, machinery and equipment | 23 | €409 | €112 | -€297 | -72.6% |
| Furniture and vehicles | 24 | €3,341 | €2,236 | -€1,104 | -33.1% |
| Current assets | 29/58 | €113,858 | €93,184 | -€20,674 | -18.2% |
| Amounts receivable within one year | 40/41 | €113,663 | €91,407 | -€22,256 | -19.6% |
| Trade receivables | 40 | €34,905 | €29,401 | -€5,504 | -15.8% |
| Other amounts receivable | 41 | €78,758 | €62,006 | -€16,752 | -21.3% |
| Cash at bank and in hand | 54/58 | €195 | €1,777 | +€1,582 | +812% |
| Total equity and liabilities | 10/49 | €117,607 | €95,532 | -€22,075 | -18.8% |
| Equity | 10/15 | €89,836 | €65,219 | -€24,618 | -27.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,836 | €31,219 | -€24,618 | -44.1% |
| Amounts payable | 17/49 | €27,771 | €30,313 | +€2,543 | +9.2% |
| Amounts payable within one year | 42/48 | €22,611 | €30,313 | +€7,702 | +34.1% |
| Trade debts | 44 | €17,189 | €678 | -€16,512 | -96.1% |
| Suppliers | 440/4 | €17,189 | €678 | -€16,512 | -96.1% |
| Taxes, remuneration and social security | 45 | €5,422 | €20,101 | +€14,679 | +271% |
| Taxes | 450/3 | €2,972 | €12,288 | +€9,316 | +313% |
| Remuneration and social security | 454/9 | €2,450 | €7,813 | +€5,363 | +219% |
| Other amounts payable | 47/48 | - | €9,535 | +€9,535 | |
| Accrued charges and deferred income | 492/3 | €5,159 | - | -€5,159 | |
| Turnover | 70 | €116,151 | €46,050 | -€70,101 | -60.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €132,965 | €72,901 | -€60,065 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,401 | +€392 | +38.8% |
| Gross operating margin | 9900 | -€16,814 | -€26,850 | -€10,036 | -59.7% |
| Operating profit (loss) | 9901 | -€17,823 | -€28,251 | -€10,428 | -58.5% |
| Financial income | 75/76B | €5,842 | €4,960 | -€882 | -15.1% |
| Recurring financial income | 75 | €5,842 | €4,960 | -€882 | -15.1% |
| Financial charges | 65/66B | €444 | €890 | +€447 | +101% |
| Recurring financial charges | 65 | €444 | €890 | +€447 | +101% |
| Profit (loss) for the period before taxes | 9903 | -€12,425 | -€24,182 | -€11,757 | -94.6% |
| Income taxes | 67/77 | €329 | €436 | +€107 | +32.6% |
| Profit (loss) for the period | 9904 | -€12,753 | -€24,618 | -€11,864 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,753 | -€24,618 | -€11,864 | -93.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.