MICRON: 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.
MICRON
Largest movements
- Receivables after one year +€344,300
new in 2025: €344,300
- Current investments -€103,181
down €103,181 (-3.9%), from €2.6m to €2.5m
- Reserves +€151,128
up €151,128 (+9.3%), from €1.6m to €1.8m
of which Distributable reserves: +€151,128
- Short-term financial debts +€80,000
up €80,000 (+19.1%), from €418,500 to €498,500
of which Credit institutions: +€82,000
- Financial income +€50,725
up €50,725 (+34.9%), from €145,148 to €195,873
- Gross operating margin +€29,666
up €29,666 (+71.5%), from €41,502 to €71,168
- Taxes +€28,345
up €28,345 (+67.5%), from €41,978 to €70,322
- Staff costs -€10,026
down €10,026 (-50.0%), from €20,040 to €10,014
- Financial charges -€6,455
down €6,455 (-16.6%), from €38,842 to €32,387
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 | €2,698,613 | €2,925,524 | +€226,911 | +8.4% |
| Fixed assets | 21/28 | €508 | €62 | -€445 | -87.7% |
| Tangible fixed assets | 22/27 | €508 | €62 | -€445 | -87.7% |
| Plant, machinery and equipment | 23 | €508 | €62 | -€445 | -87.7% |
| Current assets | 29/58 | €2,698,105 | €2,925,461 | +€227,356 | +8.4% |
| Amounts receivable after more than one year | 29 | - | €344,300 | +€344,300 | |
| Other amounts receivable | 291 | - | €344,300 | +€344,300 | |
| Amounts receivable within one year | 40/41 | €10,647 | €7,958 | -€2,689 | -25.3% |
| Trade receivables | 40 | €10,355 | €7,958 | -€2,397 | -23.1% |
| Other amounts receivable | 41 | €292 | - | -€292 | |
| Current investments | 50/53 | €2,642,498 | €2,539,316 | -€103,181 | -3.9% |
| Cash at bank and in hand | 54/58 | €23,583 | €10,540 | -€13,043 | -55.3% |
| Deferred charges and accrued income | 490/1 | €21,378 | €23,347 | +€1,969 | +9.2% |
| Total equity and liabilities | 10/49 | €2,698,613 | €2,925,524 | +€226,911 | +8.4% |
| Equity | 10/15 | €2,238,472 | €2,389,600 | +€151,128 | +6.8% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €1,627,065 | €1,778,194 | +€151,128 | +9.3% |
| Non-distributable reserves | 130/1 | €33,383 | €33,383 | = | 0.0% |
| Legal reserve | 130 | €33,383 | €33,383 | = | 0.0% |
| Distributable reserves | 133 | €1,593,682 | €1,744,810 | +€151,128 | +9.5% |
| Profit (loss) carried forward | 14 | €487,460 | €487,460 | = | 0.0% |
| Amounts payable | 17/49 | €460,141 | €535,923 | +€75,783 | +16.5% |
| Amounts payable within one year | 42/48 | €450,410 | €535,923 | +€85,513 | +19.0% |
| Financial debts | 43 | €418,500 | €498,500 | +€80,000 | +19.1% |
| Credit institutions | 430/8 | €90,000 | €172,000 | +€82,000 | +91.1% |
| Other loans | 439 | €328,500 | €326,500 | -€2,000 | -0.6% |
| Trade debts | 44 | €8,923 | €2,650 | -€6,273 | -70.3% |
| Suppliers | 440/4 | €8,923 | €2,650 | -€6,273 | -70.3% |
| Taxes, remuneration and social security | 45 | €22,987 | €34,773 | +€11,786 | +51.3% |
| Taxes | 450/3 | €21,371 | €34,773 | +€13,402 | +62.7% |
| Remuneration and social security | 454/9 | €1,615 | €0 | -€1,615 | -100.0% |
| Accrued charges and deferred income | 492/3 | €9,731 | €0 | -€9,731 | -100.0% |
| Remuneration, social security and pensions | 62 | €20,040 | €10,014 | -€10,026 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €445 | = | 0.0% |
| Other operating charges | 640/8 | €131 | €2,743 | +€2,612 | +1989.5% |
| Gross operating margin | 9900 | €41,502 | €71,168 | +€29,666 | +71.5% |
| Operating profit (loss) | 9901 | €20,885 | €57,965 | +€37,079 | +177.5% |
| Financial income | 75/76B | €145,148 | €195,873 | +€50,725 | +34.9% |
| Recurring financial income | 75 | €145,148 | €195,873 | +€50,725 | +34.9% |
| Financial charges | 65/66B | €38,842 | €32,387 | -€6,455 | -16.6% |
| Recurring financial charges | 65 | €38,842 | €32,387 | -€6,455 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €127,192 | €221,451 | +€94,259 | +74.1% |
| Income taxes | 67/77 | €41,978 | €70,322 | +€28,345 | +67.5% |
| Profit (loss) for the period | 9904 | €85,214 | €151,128 | +€65,914 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,214 | €151,128 | +€65,914 | +77.4% |
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 28 September 2026 via checked.be.