MICROGROOVE: 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.
MICROGROOVE
Largest movements
- Receivables within one year +€31,922
up €31,922 (+98.2%), from €32,496 to €64,418
of which Trade receivables: +€31,922
- Tangible fixed assets -€16,346
down €16,346 (-35.3%), from €46,322 to €29,975
of which Land and buildings: -€14,108
- Cash +€7,418
up €7,418 (+33.3%), from €22,270 to €29,688
- Reserves +€52,033
up €52,033 (+63.8%), from €81,597 to €133,629
of which Distributable reserves: +€52,033
- Other debts -€48,338
down €48,338 (-28.4%), from €169,919 to €121,581
- Tax, wage and social debts +€13,081
up €13,081 (+56.9%), from €22,974 to €36,055
- Accrued charges and deferred income +€6,136
up €6,136 (+18.4%), from €33,433 to €39,569
- Gross operating margin +€56,681
up €56,681 (+155.8%), from €36,388 to €93,069
- Taxes +€21,169
up €21,169 (+452.6%), from €4,677 to €25,845
- Financial charges -€7,358
down €7,358 (-97.3%), from €7,560 to €202
- Other operating charges +€2,028
up €2,028 (+104.8%), from €1,935 to €3,964
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,740 | €549,081 | +€20,342 | +3.8% |
| Fixed assets | 21/28 | €471,322 | €454,975 | -€16,346 | -3.5% |
| Tangible fixed assets | 22/27 | €46,322 | €29,975 | -€16,346 | -35.3% |
| Land and buildings | 22 | €43,000 | €28,892 | -€14,108 | -32.8% |
| Plant, machinery and equipment | 23 | €1,188 | €888 | -€300 | -25.3% |
| Furniture and vehicles | 24 | €2,134 | €195 | -€1,939 | -90.8% |
| Financial fixed assets | 28 | €425,000 | €425,000 | = | 0.0% |
| Current assets | 29/58 | €57,418 | €94,106 | +€36,688 | +63.9% |
| Stocks and contracts in progress | 3 | €2,073 | - | -€2,073 | |
| Stocks | 30/36 | €2,073 | - | -€2,073 | |
| Amounts receivable within one year | 40/41 | €32,496 | €64,418 | +€31,922 | +98.2% |
| Trade receivables | 40 | €31,946 | €63,868 | +€31,922 | +99.9% |
| Other amounts receivable | 41 | €550 | €550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,270 | €29,688 | +€7,418 | +33.3% |
| Deferred charges and accrued income | 490/1 | €579 | - | -€579 | |
| Total equity and liabilities | 10/49 | €528,740 | €549,081 | +€20,342 | +3.8% |
| Equity | 10/15 | €287,408 | €339,440 | +€52,033 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,597 | €133,629 | +€52,033 | +63.8% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,000 | €11,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €51,847 | €103,879 | +€52,033 | +100.4% |
| Profit (loss) carried forward | 14 | €187,211 | €187,211 | = | 0.0% |
| Amounts payable | 17/49 | €241,332 | €209,641 | -€31,691 | -13.1% |
| Amounts payable within one year | 42/48 | €207,899 | €170,072 | -€37,827 | -18.2% |
| Trade debts | 44 | €15,006 | €12,436 | -€2,570 | -17.1% |
| Suppliers | 440/4 | €15,006 | €12,436 | -€2,570 | -17.1% |
| Taxes, remuneration and social security | 45 | €22,974 | €36,055 | +€13,081 | +56.9% |
| Taxes | 450/3 | €22,974 | €36,055 | +€13,081 | +56.9% |
| Other amounts payable | 47/48 | €169,919 | €121,581 | -€48,338 | -28.4% |
| Accrued charges and deferred income | 492/3 | €33,433 | €39,569 | +€6,136 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,414 | €13,637 | +€223 | +1.7% |
| Other operating charges | 640/8 | €1,935 | €3,964 | +€2,028 | +104.8% |
| Gross operating margin | 9900 | €36,388 | €93,069 | +€56,681 | +155.8% |
| Operating profit (loss) | 9901 | €21,039 | €75,469 | +€54,430 | +258.7% |
| Financial charges | 65/66B | €7,560 | €202 | -€7,358 | -97.3% |
| Recurring financial charges | 65 | €7,560 | €202 | -€7,358 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | €13,479 | €75,266 | +€61,788 | +458.4% |
| Income taxes | 67/77 | €4,677 | €25,845 | +€21,169 | +452.6% |
| Profit (loss) for the period | 9904 | €8,802 | €49,421 | +€40,619 | +461.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,802 | €49,421 | +€40,619 | +461.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.