Micronaos: 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.
Micronaos
Largest movements
- Current investments +€62,500
new in 2025: €62,500
- Receivables within one year +€15,858
up €15,858 (+150.5%), from €10,535 to €26,393
of which Other amounts receivable: +€10,545
- Cash -€11,062
down €11,062 (-10.7%), from €103,338 to €92,277
mainly Current investments (-€62,500) and Contributions, distributions and other (-€28,409)
- Tangible fixed assets +€3,088
up €3,088 (+719.5%), from €429 to €3,517
- Other debts +€27,983
up €27,983 (+5049.4%), from €554 to €28,537
- Tax, wage and social debts +€25,143
up €25,143 (+1393.5%), from €1,804 to €26,947
- Reserves +€15,425
up €15,425 (+16.5%), from €93,648 to €109,074
of which Distributable reserves: +€15,425
- Trade debts +€2,523
up €2,523 (+114.9%), from €2,195 to €4,718
- Gross operating margin +€63,011
up €63,011 (+1130.5%), from €5,574 to €68,585
- Taxes +€19,731
up €19,731 (+2987.2%), from €661 to €20,392
- Other operating charges +€2,880
up €2,880 (+141.9%), from €2,029 to €4,909
- Financial income +€872
up €872 (+181.2%), from €481 to €1,352
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 | €114,302 | €185,376 | +€71,074 | +62.2% |
| Fixed assets | 21/28 | €429 | €3,517 | +€3,088 | +719.5% |
| Tangible fixed assets | 22/27 | €429 | €3,517 | +€3,088 | +719.5% |
| Furniture and vehicles | 24 | €429 | €3,517 | +€3,088 | +719.5% |
| Current assets | 29/58 | €113,873 | €181,859 | +€67,986 | +59.7% |
| Amounts receivable within one year | 40/41 | €10,535 | €26,393 | +€15,858 | +150.5% |
| Trade receivables | 40 | €10,521 | €15,834 | +€5,313 | +50.5% |
| Other amounts receivable | 41 | €14 | €10,559 | +€10,545 | +76082.0% |
| Current investments | 50/53 | - | €62,500 | +€62,500 | |
| Cash at bank and in hand | 54/58 | €103,338 | €92,277 | -€11,062 | -10.7% |
| Deferred charges and accrued income | 490/1 | - | €689 | +€689 | |
| Total equity and liabilities | 10/49 | €114,302 | €185,376 | +€71,074 | +62.2% |
| Equity | 10/15 | €109,748 | €125,174 | +€15,425 | +14.1% |
| Contributions | 10/11 | €16,100 | €16,100 | = | 0.0% |
| Reserves | 13 | €93,648 | €109,074 | +€15,425 | +16.5% |
| Tax-exempt reserves | 132 | €6,462 | €6,462 | = | 0.0% |
| Distributable reserves | 133 | €87,186 | €102,611 | +€15,425 | +17.7% |
| Amounts payable | 17/49 | €4,554 | €60,203 | +€55,649 | +1222.0% |
| Amounts payable within one year | 42/48 | €4,554 | €60,203 | +€55,649 | +1222.0% |
| Trade debts | 44 | €2,195 | €4,718 | +€2,523 | +114.9% |
| Suppliers | 440/4 | €2,195 | €4,718 | +€2,523 | +114.9% |
| Taxes, remuneration and social security | 45 | €1,804 | €26,947 | +€25,143 | +1393.5% |
| Taxes | 450/3 | €1,804 | €26,947 | +€25,143 | +1393.5% |
| Other amounts payable | 47/48 | €554 | €28,537 | +€27,983 | +5049.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €501 | -€142 | -22.1% |
| Other operating charges | 640/8 | €2,029 | €4,909 | +€2,880 | +141.9% |
| Gross operating margin | 9900 | €5,574 | €68,585 | +€63,011 | +1130.5% |
| Operating profit (loss) | 9901 | €2,901 | €63,174 | +€60,273 | +2077.4% |
| Financial income | 75/76B | €481 | €1,352 | +€872 | +181.2% |
| Recurring financial income | 75 | €481 | €1,352 | +€872 | +181.2% |
| Financial charges | 65/66B | €290 | €301 | +€12 | +4.0% |
| Recurring financial charges | 65 | €290 | €301 | +€12 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €3,093 | €64,225 | +€61,133 | +1976.7% |
| Income taxes | 67/77 | €661 | €20,392 | +€19,731 | +2987.2% |
| Profit (loss) for the period | 9904 | €2,432 | €43,834 | +€41,402 | +1702.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,432 | €43,834 | +€41,402 | +1702.3% |
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 9 October 2026 via checked.be.