MICO IMMO: 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 IMMO
Largest movements
- Tangible fixed assets -€588,098
down €588,098 (-22.1%), from €2.7m to €2.1m
of which Land and buildings: -€564,849
- Receivables within one year +€250,881
up €250,881 (+8,300%), from €3,023 to €253,904
of which Trade receivables: +€251,201
- Cash +€211,594
up €211,594 (+294%), from €71,941 to €283,534
mainly Investment in fixed assets (net) (+€473,665) and Net result for the year (+€263,645)
- Debts after one year -€429,504
down €429,504 (-19.8%), from €2.2m to €1.7m
of which Financial debts: -€425,844
- Profit (loss) carried forward +€263,645
up €263,645 (+97.3%), from -€270,952 to -€7,307
- Other debts +€81,694
up €81,694 (+14.9%), from €548,384 to €630,079
- Current portion of long-term debt -€36,004
down €36,004 (-28.6%), from €125,916 to €89,911
- Gross operating margin +€311,440
up €311,440 (+147%), from €211,338 to €522,778
- Staff costs -€9,674
down €9,674 (-98.9%), from €9,785 to €111
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 | €2,739,665 | €2,613,737 | -€125,927 | -4.6% |
| Fixed assets | 21/28 | €2,662,687 | €2,074,589 | -€588,098 | -22.1% |
| Tangible fixed assets | 22/27 | €2,662,687 | €2,074,589 | -€588,098 | -22.1% |
| Land and buildings | 22 | €2,639,438 | €2,074,589 | -€564,849 | -21.4% |
| Furniture and vehicles | 24 | €23,249 | - | -€23,249 | |
| Current assets | 29/58 | €76,978 | €539,148 | +€462,170 | +600% |
| Amounts receivable within one year | 40/41 | €3,023 | €253,904 | +€250,881 | +8,300% |
| Trade receivables | 40 | - | €251,201 | +€251,201 | |
| Other amounts receivable | 41 | €3,023 | €2,703 | -€320 | -10.6% |
| Cash at bank and in hand | 54/58 | €71,941 | €283,534 | +€211,594 | +294% |
| Deferred charges and accrued income | 490/1 | €2,015 | €1,710 | -€305 | -15.1% |
| Total equity and liabilities | 10/49 | €2,739,665 | €2,613,737 | -€125,927 | -4.6% |
| Equity | 10/15 | -€130,952 | €132,693 | +€263,645 | |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€270,952 | -€7,307 | +€263,645 | +97.3% |
| Amounts payable | 17/49 | €2,870,617 | €2,481,045 | -€389,572 | -13.6% |
| Amounts payable after more than one year | 17 | €2,173,144 | €1,743,639 | -€429,504 | -19.8% |
| Financial debts | 170/4 | €2,166,394 | €1,740,549 | -€425,844 | -19.7% |
| Other amounts payable | 178/9 | €6,750 | €3,090 | -€3,660 | -54.2% |
| Amounts payable within one year | 42/48 | €697,473 | €737,406 | +€39,932 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €125,916 | €89,911 | -€36,004 | -28.6% |
| Trade debts | 44 | €23,174 | €17,416 | -€5,758 | -24.8% |
| Suppliers | 440/4 | €23,174 | €17,416 | -€5,758 | -24.8% |
| Other amounts payable | 47/48 | €548,384 | €630,079 | +€81,694 | +14.9% |
| Non-recurring operating income | 76A | - | €387,028 | +€387,028 | |
| Remuneration, social security and pensions | 62 | €9,785 | €111 | -€9,674 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,187 | €114,433 | +€246 | +0.2% |
| Other operating charges | 640/8 | €31,521 | €28,702 | -€2,818 | -8.9% |
| Gross operating margin | 9900 | €211,338 | €522,778 | +€311,440 | +147% |
| Operating profit (loss) | 9901 | €55,846 | €379,533 | +€323,687 | +580% |
| Financial income | 75/76B | €0 | €40 | +€40 | +404,100% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +404,100% |
| Financial charges | 65/66B | €119,046 | €115,928 | -€3,118 | -2.6% |
| Recurring financial charges | 65 | €119,046 | €115,928 | -€3,118 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€63,200 | €263,645 | +€326,845 | |
| Profit (loss) for the period | 9904 | -€63,200 | €263,645 | +€326,845 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,200 | €263,645 | +€326,845 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.