MICROSANG: 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.
MICROSANG
Largest movements
- Current investments -€240,000
no longer reported in 2025 (was €240,000)
- Cash -€19,900
down €19,900 (-6.1%), from €323,643 to €303,743
mainly Contributions, distributions and other (-€1.0m) and Deferred charges and accrued income (-€10,195)
- Tangible fixed assets -€16,722
down €16,722 (-19.2%), from €87,054 to €70,332
of which Leasing and similar rights: -€9,287
- Deferred charges and accrued income +€10,195
up €10,195 (+48.3%), from €21,097 to €31,292
- Receivables within one year +€8,333
new in 2025: €8,333
- Reserves -€619,999
down €619,999 (-99.7%), from €622,036 to €2,037
- Other debts +€317,528
up €317,528 (+3030.2%), from €10,479 to €328,007
- Tax, wage and social debts +€45,982
up €45,982 (+220.9%), from €20,812 to €66,794
- Current portion of long-term debt -€7,036
down €7,036 (-74.8%), from €9,400 to €2,364
- Gross operating margin +€83,556
up €83,556 (+18.8%), from €444,796 to €528,353
- Taxes +€20,329
up €20,329 (+19.7%), from €103,366 to €123,695
- Financial charges +€9,253
up €9,253 (+658.3%), from €1,406 to €10,659
- Depreciation -€8,216
down €8,216 (-30.5%), from €26,918 to €18,702
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 | €671,794 | €413,699 | -€258,095 | -38.4% |
| Fixed assets | 21/28 | €87,054 | €70,332 | -€16,722 | -19.2% |
| Tangible fixed assets | 22/27 | €87,054 | €70,332 | -€16,722 | -19.2% |
| Plant, machinery and equipment | 23 | €1,227 | €1,061 | -€166 | -13.5% |
| Furniture and vehicles | 24 | €1,070 | €391 | -€679 | -63.4% |
| Leasing and similar rights | 25 | €11,424 | €2,137 | -€9,287 | -81.3% |
| Other tangible fixed assets | 26 | €73,334 | €66,743 | -€6,591 | -9.0% |
| Current assets | 29/58 | €584,740 | €343,368 | -€241,372 | -41.3% |
| Amounts receivable within one year | 40/41 | - | €8,333 | +€8,333 | |
| Other amounts receivable | 41 | - | €8,333 | +€8,333 | |
| Current investments | 50/53 | €240,000 | - | -€240,000 | |
| Cash at bank and in hand | 54/58 | €323,643 | €303,743 | -€19,900 | -6.1% |
| Deferred charges and accrued income | 490/1 | €21,097 | €31,292 | +€10,195 | +48.3% |
| Total equity and liabilities | 10/49 | €671,794 | €413,699 | -€258,095 | -38.4% |
| Equity | 10/15 | €624,036 | €4,037 | -€619,999 | -99.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €622,036 | €2,037 | -€619,999 | -99.7% |
| Distributable reserves | 133 | €622,036 | €2,037 | -€619,999 | -99.7% |
| Amounts payable | 17/49 | €47,758 | €409,662 | +€361,905 | +757.8% |
| Amounts payable after more than one year | 17 | €2,364 | - | -€2,364 | |
| Financial debts | 170/4 | €2,364 | - | -€2,364 | |
| Amounts payable within one year | 42/48 | €44,521 | €402,227 | +€357,706 | +803.4% |
| Current portion of amounts payable after more than one year | 42 | €9,400 | €2,364 | -€7,036 | -74.8% |
| Trade debts | 44 | €3,831 | €5,062 | +€1,232 | +32.2% |
| Suppliers | 440/4 | €3,831 | €5,062 | +€1,232 | +32.2% |
| Taxes, remuneration and social security | 45 | €20,812 | €66,794 | +€45,982 | +220.9% |
| Taxes | 450/3 | €20,812 | €66,794 | +€45,982 | +220.9% |
| Other amounts payable | 47/48 | €10,479 | €328,007 | +€317,528 | +3030.2% |
| Accrued charges and deferred income | 492/3 | €872 | €7,435 | +€6,563 | +752.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,918 | €18,702 | -€8,216 | -30.5% |
| Other operating charges | 640/8 | €980 | €1,276 | +€296 | +30.2% |
| Gross operating margin | 9900 | €444,796 | €528,353 | +€83,556 | +18.8% |
| Operating profit (loss) | 9901 | €416,898 | €508,374 | +€91,476 | +21.9% |
| Financial income | 75/76B | €8,111 | €11,871 | +€3,760 | +46.4% |
| Recurring financial income | 75 | €8,111 | €11,871 | +€3,760 | +46.4% |
| Financial charges | 65/66B | €1,406 | €10,659 | +€9,253 | +658.3% |
| Recurring financial charges | 65 | €1,406 | €10,659 | +€9,253 | +658.3% |
| Profit (loss) for the period before taxes | 9903 | €423,604 | €509,586 | +€85,983 | +20.3% |
| Income taxes | 67/77 | €103,366 | €123,695 | +€20,329 | +19.7% |
| Profit (loss) for the period | 9904 | €320,237 | €385,891 | +€65,653 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €320,237 | €385,891 | +€65,653 | +20.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.