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Microcyc: 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.

What changed

Microcyc

BE 0874.557.641
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€97,790
2024 · €156,173-€58,383
Equity
€212,960
2024 · €417,081-€204,121
Cash
€83,149
2024 · €240,739-€157,590
Balance sheet total
€896,730
2024 · €1.0m-€118,722

Largest movements

2024 to 2025
Assets
  • Cash -€157,590

    down €157,590 (-65.5%), from €240,739 to €83,149

    mainly Contributions, distributions and other (-€301,911) and Investment in fixed assets (net) (-€168,640)

  • Receivables within one year +€44,790

    up €44,790 (+42.1%), from €106,470 to €151,260

Equity and liabilities
  • Other debts +€261,911

    new in 2025: €261,911

  • Profit (loss) carried forward -€164,121

    down €164,121 (-100.0%), from €164,121 to €0

  • Tax, wage and social debts -€76,944

    down €76,944 (-47.3%), from €162,588 to €85,644

    of which Taxes: -€41,791

  • Accrued charges and deferred income -€64,330

    no longer reported in 2025 (was €64,330)

  • Debts after one year -€64,166

    down €64,166 (-25.7%), from €249,695 to €185,529

Income statement
  • Staff costs +€53,282

    up €53,282 (+11.7%), from €454,188 to €507,470

  • Financial income -€44,463

    no longer reported in 2025 (was €44,463)

    of which Financial income: -€44,463

  • Gross operating margin +€33,317

    up €33,317 (+4.2%), from €799,653 to €832,970

  • Taxes -€8,983

    down €8,983 (-18.1%), from €49,560 to €40,577

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €156,173
Gross operating margin +€33,317
Staff costs -€53,282
Depreciation -€2,346
Write-downs +€5,314
Other operating charges -€6,334
Financial income -€44,463
Financial charges +€428
Taxes +€8,983
Result 2025 €97,790

Cash bridge derived

cash 2024 to 2025

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.

From operations +€365,362
Investment -€168,638
Financing -€354,315
Cash 2024 €240,739
Net result for the year +€97,790
Depreciation +€168,784
Stocks and contracts +€1,865
Receivables within one year -€44,790
Deferred charges and accrued income +€3,910
Trade debts +€17,165
Tax, wage and social debts -€76,944
Other debts +€261,911
Accrued charges and deferred income -€64,330
Investment in fixed assets (net) -€168,640
Current investments +€2
Debts after one year -€64,166
Current portion of long-term debt -€19,029
Short-term financial debts +€30,792
Contributions, distributions and other -€301,911
Cash 2025 €83,149
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,015,452 €896,730 -€118,722 -11.7%
Fixed assets 21/28 €661,925 €661,781 -€144 0.0%
Intangible fixed assets 21 €385,845 €388,961 +€3,116 +0.8%
Tangible fixed assets 22/27 €273,870 €270,609 -€3,261 -1.2%
Land and buildings 22 €229,761 €236,322 +€6,561 +2.9%
Furniture and vehicles 24 €44,109 €34,288 -€9,821 -22.3%
Financial fixed assets 28 €2,210 €2,210 = 0.0%
Current assets 29/58 €353,527 €234,949 -€118,578 -33.5%
Stocks and contracts in progress 3 €1,865 - -€1,865
Stocks 30/36 €1,865 - -€1,865
Amounts receivable within one year 40/41 €106,470 €151,260 +€44,790 +42.1%
Trade receivables 40 €106,470 €151,260 +€44,790 +42.1%
Current investments 50/53 €2 - -€2
Cash at bank and in hand 54/58 €240,739 €83,149 -€157,590 -65.5%
Deferred charges and accrued income 490/1 €4,451 €541 -€3,910 -87.8%
Total equity and liabilities 10/49 €1,015,452 €896,730 -€118,722 -11.7%
Equity 10/15 €417,081 €212,960 -€204,121 -48.9%
Contributions 10/11 €43,600 €43,600 = 0.0%
Reserves 13 €209,360 €169,360 -€40,000 -19.1%
Distributable reserves 133 €209,360 €169,360 -€40,000 -19.1%
Profit (loss) carried forward 14 €164,121 €0 -€164,121 -100.0%
Amounts payable 17/49 €598,371 €683,770 +€85,399 +14.3%
Amounts payable after more than one year 17 €249,695 €185,529 -€64,166 -25.7%
Financial debts 170/4 €249,695 €185,529 -€64,166 -25.7%
Amounts payable within one year 42/48 €284,346 €498,241 +€213,895 +75.2%
Current portion of amounts payable after more than one year 42 €83,195 €64,166 -€19,029 -22.9%
Financial debts 43 - €30,792 +€30,792
Credit institutions 430/8 - €30,792 +€30,792
Trade debts 44 €38,563 €55,728 +€17,165 +44.5%
Suppliers 440/4 €38,563 €55,728 +€17,165 +44.5%
Taxes, remuneration and social security 45 €162,588 €85,644 -€76,944 -47.3%
Taxes 450/3 €57,438 €15,647 -€41,791 -72.8%
Remuneration and social security 454/9 €105,150 €69,997 -€35,153 -33.4%
Other amounts payable 47/48 - €261,911 +€261,911
Accrued charges and deferred income 492/3 €64,330 - -€64,330
Remuneration, social security and pensions 62 €454,188 €507,470 +€53,282 +11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €166,438 €168,784 +€2,346 +1.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - -€5,314 -€5,314
Other operating charges 640/8 €4,928 €11,262 +€6,334 +128.5%
Gross operating margin 9900 €799,653 €832,970 +€33,317 +4.2%
Operating profit (loss) 9901 €174,099 €150,768 -€23,331 -13.4%
Financial income 75/76B €44,463 - -€44,463
Recurring financial income 75 €44,463 - -€44,463
Non-recurring financial income 76B €44,463 - -€44,463
Financial charges 65/66B €12,829 €12,401 -€428 -3.3%
Recurring financial charges 65 €12,829 €12,401 -€428 -3.3%
Profit (loss) for the period before taxes 9903 €205,733 €138,367 -€67,366 -32.7%
Income taxes 67/77 €49,560 €40,577 -€8,983 -18.1%
Profit (loss) for the period 9904 €156,173 €97,790 -€58,383 -37.4%
Profit (loss) for the period to be appropriated 9905 €156,173 €97,790 -€58,383 -37.4%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.