Micro-Matic-Research: 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.
Micro-Matic-Research
Largest movements
- Tangible fixed assets -€67,219
down €67,219 (-41.3%), from €162,858 to €95,639
- Receivables within one year +€61,828
up €61,828 (+512%), from €12,085 to €73,914
of which Trade receivables: +€61,410
- Deferred charges and accrued income -€31,518
down €31,518 (-22.8%), from €138,389 to €106,872
- Cash -€14,957
down €14,957 (-78.7%), from €19,009 to €4,052
mainly Net result for the year (-€94,585) and Receivables within one year (-€61,828)
- Profit (loss) carried forward -€94,585
down €94,585 (-42.0%), from -€225,018 to -€319,603
- Debts after one year +€55,117
up €55,117 (+268%), from €20,577 to €75,694
- Trade debts -€9,568
down €9,568 (-1.4%), from €670,622 to €661,054
- Gross operating margin +€12,707
up €12,707 (+26.0%), from -€48,866 to -€36,159
- Financial income +€8,250
up €8,250 (+431%), from €1,914 to €10,164
- Depreciation +€6,189
up €6,189 (+10.1%), from €61,030 to €67,219
- Financial charges +€4,692
up €4,692, from -€4,458 to €235
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 | €860,860 | €816,657 | -€44,203 | -5.1% |
| Fixed assets | 21/28 | €162,858 | €95,639 | -€67,219 | -41.3% |
| Tangible fixed assets | 22/27 | €162,858 | €95,639 | -€67,219 | -41.3% |
| Furniture and vehicles | 24 | €162,858 | €95,639 | -€67,219 | -41.3% |
| Current assets | 29/58 | €698,003 | €721,019 | +€23,016 | +3.3% |
| Amounts receivable within one year | 40/41 | €12,085 | €73,914 | +€61,828 | +512% |
| Trade receivables | 40 | €10,140 | €71,550 | +€61,410 | +606% |
| Other amounts receivable | 41 | €1,946 | €2,364 | +€418 | +21.5% |
| Current investments | 50/53 | €528,519 | €536,181 | +€7,662 | +1.4% |
| Cash at bank and in hand | 54/58 | €19,009 | €4,052 | -€14,957 | -78.7% |
| Deferred charges and accrued income | 490/1 | €138,389 | €106,872 | -€31,518 | -22.8% |
| Total equity and liabilities | 10/49 | €860,860 | €816,657 | -€44,203 | -5.1% |
| Equity | 10/15 | €166,006 | €71,421 | -€94,585 | -57.0% |
| Contributions | 10/11 | €312,679 | €312,679 | = | 0.0% |
| Capital | 10 | €312,679 | €312,679 | = | 0.0% |
| Issued capital | 100 | €312,679 | €312,679 | = | 0.0% |
| Reserves | 13 | €78,345 | €78,345 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,268 | €11,268 | = | 0.0% |
| Legal reserve | 130 | €11,268 | €11,268 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,952 | €66,952 | = | 0.0% |
| Distributable reserves | 133 | €125 | €125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,018 | -€319,603 | -€94,585 | -42.0% |
| Amounts payable | 17/49 | €694,854 | €745,236 | +€50,382 | +7.3% |
| Amounts payable after more than one year | 17 | €20,577 | €75,694 | +€55,117 | +268% |
| Other amounts payable | 178/9 | €20,577 | €75,694 | +€55,117 | +268% |
| Amounts payable within one year | 42/48 | €670,622 | €663,703 | -€6,919 | -1.0% |
| Trade debts | 44 | €670,622 | €661,054 | -€9,568 | -1.4% |
| Suppliers | 440/4 | €670,622 | €661,054 | -€9,568 | -1.4% |
| Taxes, remuneration and social security | 45 | €0 | €2,649 | +€2,649 | |
| Taxes | 450/3 | €0 | €2,649 | +€2,649 | |
| Accrued charges and deferred income | 492/3 | €3,655 | €5,839 | +€2,184 | +59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,030 | €67,219 | +€6,189 | +10.1% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€48,866 | -€36,159 | +€12,707 | +26.0% |
| Operating profit (loss) | 9901 | -€110,864 | -€104,376 | +€6,488 | +5.9% |
| Financial income | 75/76B | €1,914 | €10,164 | +€8,250 | +431% |
| Recurring financial income | 75 | €1,914 | €10,164 | +€8,250 | +431% |
| Financial charges | 65/66B | -€4,458 | €235 | +€4,692 | |
| Recurring financial charges | 65 | -€4,458 | €235 | +€4,692 | |
| Profit (loss) for the period before taxes | 9903 | -€104,492 | -€94,447 | +€10,045 | +9.6% |
| Income taxes | 67/77 | €137 | €137 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€104,630 | -€94,585 | +€10,045 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,630 | -€94,585 | +€10,045 | +9.6% |
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 16 October 2026 via checked.be.