Micolut: 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.
Micolut
Largest movements
- Tangible fixed assets +€31,990
up €31,990 (+4,485%), from €713 to €32,704
of which Furniture and vehicles: +€32,053
- Cash -€27,635
down €27,635 (-53.5%), from €51,651 to €24,016
mainly Investment in fixed assets (net) (-€33,594) and Contributions, distributions and other (-€30,786)
- Receivables within one year -€12,562
down €12,562 (-55.2%), from €22,757 to €10,195
of which Trade receivables: -€8,078
- Deferred charges and accrued income -€1,433
down €1,433 (-55.7%), from €2,573 to €1,140
- Profit (loss) carried forward -€27,828
down €27,828 (-100%), from €27,828 to €0
- Debts after one year +€18,622
new in 2025: €18,622
- Tax, wage and social debts -€9,974
down €9,974 (-95.6%), from €10,434 to €460
- Current portion of long-term debt +€5,898
new in 2025: €5,898
- Trade debts +€4,735
up €4,735 (+530%), from €893 to €5,629
- Gross operating margin -€30,636
down €30,636 (-81.4%), from €37,636 to €7,000
- Taxes -€7,349
down €7,349 (-99.9%), from €7,355 to €6
- Other operating charges +€1,197
up €1,197 (+126%), from €950 to €2,147
- Financial income -€545
down €545 (-97.8%), from €558 to €12
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 | €79,534 | €69,812 | -€9,722 | -12.2% |
| Fixed assets | 21/28 | €713 | €32,704 | +€31,990 | +4,485% |
| Tangible fixed assets | 22/27 | €713 | €32,704 | +€31,990 | +4,485% |
| Plant, machinery and equipment | 23 | €63 | €0 | -€63 | -100% |
| Furniture and vehicles | 24 | €651 | €32,704 | +€32,053 | +4,925% |
| Current assets | 29/58 | €78,820 | €37,108 | -€41,712 | -52.9% |
| Stocks and contracts in progress | 3 | €1,339 | €1,257 | -€82 | -6.2% |
| Stocks | 30/36 | €1,339 | €1,257 | -€82 | -6.2% |
| Amounts receivable within one year | 40/41 | €22,757 | €10,195 | -€12,562 | -55.2% |
| Trade receivables | 40 | €11,460 | €3,382 | -€8,078 | -70.5% |
| Other amounts receivable | 41 | €11,297 | €6,814 | -€4,483 | -39.7% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,651 | €24,016 | -€27,635 | -53.5% |
| Deferred charges and accrued income | 490/1 | €2,573 | €1,140 | -€1,433 | -55.7% |
| Total equity and liabilities | 10/49 | €79,534 | €69,812 | -€9,722 | -12.2% |
| Equity | 10/15 | €66,703 | €38,875 | -€27,828 | -41.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,875 | €28,875 | = | 0.0% |
| Distributable reserves | 133 | €28,875 | €28,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,828 | €0 | -€27,828 | -100% |
| Amounts payable | 17/49 | €12,831 | €30,937 | +€18,107 | +141% |
| Amounts payable after more than one year | 17 | - | €18,622 | +€18,622 | |
| Financial debts | 170/4 | - | €18,622 | +€18,622 | |
| Amounts payable within one year | 42/48 | €11,910 | €12,315 | +€404 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,898 | +€5,898 | |
| Trade debts | 44 | €893 | €5,629 | +€4,735 | +530% |
| Suppliers | 440/4 | €893 | €5,629 | +€4,735 | +530% |
| Taxes, remuneration and social security | 45 | €10,434 | €460 | -€9,974 | -95.6% |
| Taxes | 450/3 | €10,434 | €460 | -€9,974 | -95.6% |
| Other amounts payable | 47/48 | €583 | €327 | -€256 | -43.8% |
| Accrued charges and deferred income | 492/3 | €920 | €0 | -€920 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €1,603 | +€311 | +24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€130 | €0 | +€130 | |
| Other operating charges | 640/8 | €950 | €2,147 | +€1,197 | +126% |
| Gross operating margin | 9900 | €37,636 | €7,000 | -€30,636 | -81.4% |
| Operating profit (loss) | 9901 | €35,524 | €3,249 | -€32,275 | -90.9% |
| Financial income | 75/76B | €558 | €12 | -€545 | -97.8% |
| Recurring financial income | 75 | €558 | €12 | -€545 | -97.8% |
| Financial charges | 65/66B | €65 | €298 | +€233 | +358% |
| Recurring financial charges | 65 | €65 | €298 | +€233 | +358% |
| Profit (loss) for the period before taxes | 9903 | €36,017 | €2,963 | -€33,053 | -91.8% |
| Income taxes | 67/77 | €7,355 | €6 | -€7,349 | -99.9% |
| Profit (loss) for the period | 9904 | €28,661 | €2,957 | -€25,704 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,661 | €2,957 | -€25,704 | -89.7% |
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 13 October 2026 via checked.be.