MICROFLUO: 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.
MICROFLUO
Largest movements
- Receivables within one year +€301,662
up €301,662 (+52.8%), from €571,438 to €873,100
of which Other amounts receivable: +€197,749
- Cash -€212,626
down €212,626 (-80.2%), from €264,958 to €52,331
mainly Receivables within one year (-€301,662) and Investment in fixed assets (net) (-€55,805)
- Tangible fixed assets +€44,364
up €44,364 (+130.8%), from €33,928 to €78,291
of which Other tangible fixed assets: +€38,127
- Stocks and contracts -€25,330
down €25,330 (-3.8%), from €658,472 to €633,142
- Trade debts +€97,686
up €97,686 (+789.4%), from €12,374 to €110,061
- Gross operating margin -€130,582
down €130,582 (-36.6%), from €356,923 to €226,340
- Taxes -€33,911
down €33,911 (-99.5%), from €34,076 to €165
- Staff costs +€25,156
up €25,156 (+12.7%), from €198,228 to €223,384
- Financial income -€5,269
down €5,269 (-68.6%), from €7,675 to €2,406
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 | €1,864,220 | €1,971,699 | +€107,478 | +5.8% |
| Fixed assets | 21/28 | €368,138 | €412,501 | +€44,364 | +12.1% |
| Tangible fixed assets | 22/27 | €33,928 | €78,291 | +€44,364 | +130.8% |
| Land and buildings | 22 | €2,294 | €2,341 | +€47 | +2.0% |
| Plant, machinery and equipment | 23 | €26,315 | €28,820 | +€2,505 | +9.5% |
| Furniture and vehicles | 24 | €5,318 | €9,003 | +€3,685 | +69.3% |
| Other tangible fixed assets | 26 | - | €38,127 | +€38,127 | |
| Financial fixed assets | 28 | €334,210 | €334,210 | = | 0.0% |
| Current assets | 29/58 | €1,496,083 | €1,559,197 | +€63,115 | +4.2% |
| Stocks and contracts in progress | 3 | €658,472 | €633,142 | -€25,330 | -3.8% |
| Stocks | 30/36 | €658,472 | €633,142 | -€25,330 | -3.8% |
| Amounts receivable within one year | 40/41 | €571,438 | €873,100 | +€301,662 | +52.8% |
| Trade receivables | 40 | €198,645 | €302,557 | +€103,913 | +52.3% |
| Other amounts receivable | 41 | €372,794 | €570,543 | +€197,749 | +53.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €264,958 | €52,331 | -€212,626 | -80.2% |
| Deferred charges and accrued income | 490/1 | €1,215 | €624 | -€590 | -48.6% |
| Total equity and liabilities | 10/49 | €1,864,220 | €1,971,699 | +€107,478 | +5.8% |
| Equity | 10/15 | €1,804,415 | €1,790,246 | -€14,170 | -0.8% |
| Contributions | 10/11 | €42,500 | €42,500 | = | 0.0% |
| Reserves | 13 | €1,754,250 | €1,744,250 | -€10,000 | -0.6% |
| Non-distributable reserves | 130/1 | €4,250 | €4,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,250 | €4,250 | = | 0.0% |
| Distributable reserves | 133 | €1,750,000 | €1,740,000 | -€10,000 | -0.6% |
| Profit (loss) carried forward | 14 | €7,665 | €3,496 | -€4,170 | -54.4% |
| Amounts payable | 17/49 | €59,805 | €181,453 | +€121,648 | +203.4% |
| Amounts payable within one year | 42/48 | €59,554 | €163,309 | +€103,755 | +174.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €12,374 | €110,061 | +€97,686 | +789.4% |
| Suppliers | 440/4 | €12,374 | €110,061 | +€97,686 | +789.4% |
| Taxes, remuneration and social security | 45 | €38,790 | €50,759 | +€11,970 | +30.9% |
| Taxes | 450/3 | €13,784 | €23,815 | +€10,031 | +72.8% |
| Remuneration and social security | 454/9 | €25,006 | €26,945 | +€1,939 | +7.8% |
| Other amounts payable | 47/48 | €8,390 | €2,489 | -€5,901 | -70.3% |
| Accrued charges and deferred income | 492/3 | €251 | €18,145 | +€17,893 | +7115.8% |
| Remuneration, social security and pensions | 62 | €198,228 | €223,384 | +€25,156 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,316 | €11,442 | +€1,126 | +10.9% |
| Other operating charges | 640/8 | €1,734 | €2,299 | +€565 | +32.6% |
| Gross operating margin | 9900 | €356,923 | €226,340 | -€130,582 | -36.6% |
| Operating profit (loss) | 9901 | €146,645 | -€10,785 | -€157,429 | |
| Financial income | 75/76B | €7,675 | €2,406 | -€5,269 | -68.6% |
| Recurring financial income | 75 | €7,675 | €2,406 | -€5,269 | -68.6% |
| Financial charges | 65/66B | €7,540 | €5,627 | -€1,914 | -25.4% |
| Recurring financial charges | 65 | €7,540 | €5,627 | -€1,914 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €146,780 | -€14,005 | -€160,785 | |
| Income taxes | 67/77 | €34,076 | €165 | -€33,911 | -99.5% |
| Profit (loss) for the period | 9904 | €112,704 | -€14,170 | -€126,874 | |
| Profit (loss) for the period to be appropriated | 9905 | €112,704 | -€14,170 | -€126,874 |
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 29 September 2026 via checked.be.