MICRONISER: 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.
MICRONISER
Largest movements
- Receivables within one year +€134,827
up €134,827 (+68.4%), from €197,165 to €331,992
of which Trade receivables: +€134,827
- Cash -€71,402
down €71,402 (-59.6%), from €119,835 to €48,433
mainly Receivables within one year (-€134,827) and Deferred charges and accrued income (-€903)
- Trade debts +€52,423
up €52,423 (+70.3%), from €74,603 to €127,025
- Tax, wage and social debts +€8,784
up €8,784 (+23.8%), from €36,892 to €45,675
of which Taxes: +€8,828
- Gross operating margin -€23,877
down €23,877 (-20.9%), from €114,423 to €90,546
- Taxes -€7,134
down €7,134 (-97.7%), from €7,305 to €171
- Staff costs -€4,433
down €4,433 (-4.9%), from €90,025 to €85,592
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.
Derived cash bridge
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 | €318,014 | €381,366 | +€63,352 | +19.9% |
| Fixed assets | 21/28 | €1,015 | €38 | -€977 | -96.3% |
| Intangible fixed assets | 21 | €977 | - | -€977 | |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €317,000 | €381,328 | +€64,329 | +20.3% |
| Amounts receivable within one year | 40/41 | €197,165 | €331,992 | +€134,827 | +68.4% |
| Trade receivables | 40 | €183,993 | €318,821 | +€134,827 | +73.3% |
| Other amounts receivable | 41 | €13,171 | €13,171 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,835 | €48,433 | -€71,402 | -59.6% |
| Deferred charges and accrued income | 490/1 | - | €903 | +€903 | |
| Total equity and liabilities | 10/49 | €318,014 | €381,366 | +€63,352 | +19.9% |
| Equity | 10/15 | €189,213 | €191,358 | +€2,146 | +1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €127,213 | €129,358 | +€2,146 | +1.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €121,013 | €123,158 | +€2,146 | +1.8% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €113,802 | €175,008 | +€61,206 | +53.8% |
| Amounts payable within one year | 42/48 | €111,494 | €172,700 | +€61,206 | +54.9% |
| Trade debts | 44 | €74,603 | €127,025 | +€52,423 | +70.3% |
| Suppliers | 440/4 | €74,603 | €127,025 | +€52,423 | +70.3% |
| Taxes, remuneration and social security | 45 | €36,892 | €45,675 | +€8,784 | +23.8% |
| Taxes | 450/3 | €26,676 | €35,504 | +€8,828 | +33.1% |
| Remuneration and social security | 454/9 | €10,215 | €10,171 | -€45 | -0.4% |
| Accrued charges and deferred income | 492/3 | €2,308 | €2,308 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €90,025 | €85,592 | -€4,433 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,087 | €977 | -€110 | -10.1% |
| Other operating charges | 640/8 | €421 | €1,202 | +€781 | +185% |
| Non-recurring operating charges | 66A | €147 | €63 | -€84 | -57.1% |
| Gross operating margin | 9900 | €114,423 | €90,546 | -€23,877 | -20.9% |
| Operating profit (loss) | 9901 | €22,743 | €2,712 | -€20,031 | -88.1% |
| Financial income | 75/76B | - | €185 | +€185 | |
| Recurring financial income | 75 | - | €185 | +€185 | |
| Financial charges | 65/66B | €471 | €580 | +€109 | +23.0% |
| Recurring financial charges | 65 | €471 | €580 | +€109 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €22,271 | €2,317 | -€19,954 | -89.6% |
| Income taxes | 67/77 | €7,305 | €171 | -€7,134 | -97.7% |
| Profit (loss) for the period | 9904 | €14,966 | €2,146 | -€12,821 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,966 | €2,146 | -€12,821 | -85.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.