MICORAL: 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.
MICORAL
Largest movements
- Tangible fixed assets -€4,970
down €4,970 (-4.2%), from €118,603 to €113,633
- Current investments +€1,585
up €1,585 (+932.4%), from €170 to €1,755
- Debts after one year -€9,984
down €9,984 (-49.4%), from €20,193 to €10,209
- Profit (loss) carried forward +€6,379
up €6,379 (+45.8%), from -€13,916 to -€7,537
- Other debts -€1,583
down €1,583 (-9.3%), from €16,999 to €15,416
- Accrued charges and deferred income +€1,250
new in 2024: €1,250
- Gross operating margin -€3,436
down €3,436 (-19.7%), from €17,460 to €14,024
- Taxes -€1,835
down €1,835, from €10 to -€1,825
- Financial charges -€193
down €193 (-21.2%), from €909 to €716
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.
Cash bridge derived
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 | €120,201 | €116,971 | -€3,230 | -2.7% |
| Fixed assets | 21/28 | €118,603 | €113,633 | -€4,970 | -4.2% |
| Tangible fixed assets | 22/27 | €118,603 | €113,633 | -€4,970 | -4.2% |
| Land and buildings | 22 | €118,603 | €113,633 | -€4,970 | -4.2% |
| Current assets | 29/58 | €1,598 | €3,338 | +€1,740 | +108.9% |
| Current investments | 50/53 | €170 | €1,755 | +€1,585 | +932.4% |
| Cash at bank and in hand | 54/58 | €776 | €927 | +€151 | +19.5% |
| Deferred charges and accrued income | 490/1 | €652 | €656 | +€4 | +0.6% |
| Total equity and liabilities | 10/49 | €120,201 | €116,971 | -€3,230 | -2.7% |
| Equity | 10/15 | €72,863 | €79,242 | +€6,379 | +8.8% |
| Contributions | 10/11 | €86,770 | €86,770 | = | 0.0% |
| Capital | 10 | - | €86,770 | +€86,770 | |
| Issued capital | 100 | - | €86,770 | +€86,770 | |
| Reserves | 13 | €9 | €9 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9 | €9 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9 | €9 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,916 | -€7,537 | +€6,379 | +45.8% |
| Amounts payable | 17/49 | €47,338 | €37,729 | -€9,609 | -20.3% |
| Amounts payable after more than one year | 17 | €20,193 | €10,209 | -€9,984 | -49.4% |
| Financial debts | 170/4 | €20,193 | €10,209 | -€9,984 | -49.4% |
| Amounts payable within one year | 42/48 | €27,145 | €26,270 | -€875 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €9,762 | €9,983 | +€221 | +2.3% |
| Trade debts | 44 | €384 | €871 | +€487 | +126.8% |
| Suppliers | 440/4 | €384 | €871 | +€487 | +126.8% |
| Other amounts payable | 47/48 | €16,999 | €15,416 | -€1,583 | -9.3% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,969 | €4,969 | = | 0.0% |
| Other operating charges | 640/8 | €3,648 | €3,795 | +€147 | +4.0% |
| Gross operating margin | 9900 | €17,460 | €14,024 | -€3,436 | -19.7% |
| Operating profit (loss) | 9901 | €8,843 | €5,260 | -€3,583 | -40.5% |
| Financial income | 75/76B | €32 | €10 | -€22 | -68.8% |
| Recurring financial income | 75 | €32 | €10 | -€22 | -68.8% |
| Financial charges | 65/66B | €909 | €716 | -€193 | -21.2% |
| Recurring financial charges | 65 | €909 | €716 | -€193 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €7,966 | €4,554 | -€3,412 | -42.8% |
| Income taxes | 67/77 | €10 | -€1,825 | -€1,835 | |
| Profit (loss) for the period | 9904 | €7,956 | €6,379 | -€1,577 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,956 | €6,379 | -€1,577 | -19.8% |
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 9 October 2026 via checked.be.