MICRO-IMMUNO: what changed
Two fiscal 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.
MICRO-IMMUNO
Largest movements
- Cash +€48,887
up €48,887 (+9.3%), from €525,482 to €574,369
mainly Net result for the year (+€31,156) and Current investments (+€24,856)
- Current investments -€24,856
down €24,856 (-7.9%), from €314,271 to €289,415
- Reserves +€31,156
up €31,156 (+3.6%), from €876,287 to €907,443
of which Non-distributable reserves: +€31,156
- Turnover -€53,671
down €53,671 (-23.6%), from €227,361 to €173,689
- Gross operating margin -€37,794
down €37,794 (-44.1%), from €85,643 to €47,849
- Purchases and services -€33,413
down €33,413 (-20.6%), from €162,553 to €129,140
- Taxes -€9,337
down €9,337 (-42.6%), from €21,914 to €12,577
- Financial income +€2,483
up €2,483 (+230.9%), from €1,076 to €3,558
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.
Cash bridge derived
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 | €907,377 | €934,002 | +€26,625 | +2.9% |
| Fixed assets | 21/28 | €28,573 | €25,918 | -€2,655 | -9.3% |
| Tangible fixed assets | 22/27 | €28,151 | €25,496 | -€2,655 | -9.4% |
| Plant, machinery and equipment | 23 | €16,438 | €14,511 | -€1,927 | -11.7% |
| Furniture and vehicles | 24 | €11,713 | €10,985 | -€728 | -6.2% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €878,804 | €908,084 | +€29,280 | +3.3% |
| Amounts receivable within one year | 40/41 | €38,308 | €40,731 | +€2,423 | +6.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €38,308 | €40,731 | +€2,423 | +6.3% |
| Current investments | 50/53 | €314,271 | €289,415 | -€24,856 | -7.9% |
| Cash at bank and in hand | 54/58 | €525,482 | €574,369 | +€48,887 | +9.3% |
| Deferred charges and accrued income | 490/1 | €743 | €3,569 | +€2,826 | +380.2% |
| Total equity and liabilities | 10/49 | €907,377 | €934,002 | +€26,625 | +2.9% |
| Equity | 10/15 | €885,491 | €916,647 | +€31,156 | +3.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Capital | 10 | €6,205 | €6,205 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €876,287 | €907,443 | +€31,156 | +3.6% |
| Non-distributable reserves | 130/1 | €806,287 | €837,443 | +€31,156 | +3.9% |
| Legal reserve | 130 | €7,971 | €7,971 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | €798,316 | €829,472 | +€31,156 | +3.9% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,999 | €2,999 | = | 0.0% |
| Amounts payable | 17/49 | €21,885 | €17,354 | -€4,531 | -20.7% |
| Amounts payable within one year | 42/48 | €21,885 | €17,354 | -€4,531 | -20.7% |
| Trade debts | 44 | €0 | €1,333 | +€1,333 | |
| Suppliers | 440/4 | €0 | €1,333 | +€1,333 | |
| Taxes, remuneration and social security | 45 | €4,852 | €0 | -€4,852 | -100.0% |
| Taxes | 450/3 | €4,852 | €0 | -€4,852 | -100.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €17,033 | €16,022 | -€1,011 | -5.9% |
| Turnover | 70 | €227,361 | €173,689 | -€53,671 | -23.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €162,553 | €129,140 | -€33,413 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,165 | €6,555 | +€1,390 | +26.9% |
| Other operating charges | 640/8 | €700 | €888 | +€188 | +26.9% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | €85,643 | €47,849 | -€37,794 | -44.1% |
| Operating profit (loss) | 9901 | €79,779 | €40,398 | -€39,380 | -49.4% |
| Financial income | 75/76B | €1,076 | €3,558 | +€2,483 | +230.9% |
| Recurring financial income | 75 | €1,076 | €3,558 | +€2,483 | +230.9% |
| Financial charges | 65/66B | €125 | €224 | +€100 | +79.9% |
| Recurring financial charges | 65 | €125 | €224 | +€100 | +79.9% |
| Profit (loss) for the period before taxes | 9903 | €80,730 | €43,733 | -€36,997 | -45.8% |
| Income taxes | 67/77 | €21,914 | €12,577 | -€9,337 | -42.6% |
| Profit (loss) for the period | 9904 | €58,816 | €31,156 | -€27,660 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,816 | €31,156 | -€27,660 | -47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.