MICOFORM: 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.
MICOFORM
Largest movements
- Receivables within one year -€3,945
down €3,945 (-15.6%), from €25,318 to €21,374
of which Other amounts receivable: -€8,708
- Trade debts -€7,928
down €7,928 (-37.5%), from €21,133 to €13,206
- Short-term financial debts +€7,913
up €7,913 (+50.6%), from €15,643 to €23,555
- Profit (loss) carried forward -€4,039
down €4,039 (-6.4%), from -€63,492 to -€67,531
- Gross operating margin +€2,972
up €2,972 (+43.0%), from -€6,908 to -€3,936
- Other operating charges -€1,790
down €1,790 (-100%), from €1,790 to €0
- Financial charges +€205
up €205 (+20.8%), from €985 to €1,190
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 | €29,148 | €25,211 | -€3,937 | -13.5% |
| Current assets | 29/58 | €29,148 | €25,211 | -€3,937 | -13.5% |
| Amounts receivable after more than one year | 29 | €3,500 | €3,500 | = | 0.0% |
| Other amounts receivable | 291 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,318 | €21,374 | -€3,945 | -15.6% |
| Trade receivables | 40 | €5,382 | €10,145 | +€4,763 | +88.5% |
| Other amounts receivable | 41 | €19,937 | €11,229 | -€8,708 | -43.7% |
| Current investments | 50/53 | €33 | €26 | -€7 | -22.3% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €297 | €312 | +€15 | +5.1% |
| Total equity and liabilities | 10/49 | €29,148 | €25,211 | -€3,937 | -13.5% |
| Equity | 10/15 | -€14,660 | -€18,699 | -€4,039 | -27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,233 | €30,233 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85 | €85 | = | 0.0% |
| Reserves not available under the articles | 1311 | €85 | €85 | = | 0.0% |
| Distributable reserves | 133 | €30,147 | €30,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,492 | -€67,531 | -€4,039 | -6.4% |
| Amounts payable | 17/49 | €43,808 | €43,910 | +€102 | +0.2% |
| Amounts payable within one year | 42/48 | €42,308 | €42,410 | +€102 | +0.2% |
| Financial debts | 43 | €15,643 | €23,555 | +€7,913 | +50.6% |
| Credit institutions | 430/8 | €15,643 | €23,555 | +€7,913 | +50.6% |
| Trade debts | 44 | €21,133 | €13,206 | -€7,928 | -37.5% |
| Suppliers | 440/4 | €21,133 | €13,206 | -€7,928 | -37.5% |
| Taxes, remuneration and social security | 45 | €5,532 | €5,649 | +€117 | +2.1% |
| Taxes | 450/3 | €5,532 | €5,649 | +€117 | +2.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,790 | €0 | -€1,790 | -100% |
| Gross operating margin | 9900 | -€6,908 | -€3,936 | +€2,972 | +43.0% |
| Operating profit (loss) | 9901 | -€8,698 | -€3,936 | +€4,762 | +54.8% |
| Financial income | 75/76B | €1,128 | €1,087 | -€41 | -3.6% |
| Recurring financial income | 75 | €1,128 | €1,087 | -€41 | -3.6% |
| Financial charges | 65/66B | €985 | €1,190 | +€205 | +20.8% |
| Recurring financial charges | 65 | €985 | €1,190 | +€205 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,555 | -€4,039 | +€4,516 | +52.8% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +50.0% |
| Profit (loss) for the period | 9904 | -€8,555 | -€4,039 | +€4,516 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,555 | -€4,039 | +€4,516 | +52.8% |
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 26 October 2026 via checked.be.