MICROSON: 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.
MICROSON
Largest movements
- Current investments -€825,214
down €825,214 (-100.0%), from €825,214 to €0
- Cash +€665,386
up €665,386 (+204.1%), from €326,062 to €991,448
mainly Current investments (+€825,214) and Tax, wage and social debts (+€132,755)
- Receivables within one year +€120,041
up €120,041 (+65.2%), from €183,980 to €304,021
of which Trade receivables: +€120,983
- Tangible fixed assets -€58,681
down €58,681 (-21.5%), from €273,082 to €214,401
of which Furniture and vehicles: -€40,692
- Profit (loss) carried forward -€183,200
down €183,200 (-31.4%), from -€582,598 to -€765,798
- Tax, wage and social debts +€132,755
up €132,755 (+140.1%), from €94,776 to €227,531
of which Remuneration and social security: +€84,963
- Reserves -€94,753
down €94,753 (-5.3%), from €1.8m to €1.7m
of which Distributable reserves: -€94,753
- Trade debts +€32,458
up €32,458 (+15.9%), from €204,494 to €236,951
- Staff costs -€86,258
down €86,258 (-8.6%), from €1.0m to €922,597
- Gross operating margin -€56,378
down €56,378 (-6.0%), from €939,880 to €883,502
- Taxes +€28,479
up €28,479 (+5218.7%), from €546 to €29,024
- Depreciation +€20,497
up €20,497 (+21.1%), from €97,189 to €117,686
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 | €1,696,224 | €1,570,366 | -€125,858 | -7.4% |
| Fixed assets | 21/28 | €304,500 | €238,727 | -€65,774 | -21.6% |
| Intangible fixed assets | 21 | €27,168 | €24,326 | -€2,843 | -10.5% |
| Tangible fixed assets | 22/27 | €273,082 | €214,401 | -€58,681 | -21.5% |
| Plant, machinery and equipment | 23 | €60,890 | €42,902 | -€17,988 | -29.5% |
| Furniture and vehicles | 24 | €212,192 | €171,499 | -€40,692 | -19.2% |
| Financial fixed assets | 28 | €4,250 | €0 | -€4,250 | -100.0% |
| Current assets | 29/58 | €1,391,724 | €1,331,640 | -€60,084 | -4.3% |
| Stocks and contracts in progress | 3 | €29,699 | €14,922 | -€14,777 | -49.8% |
| Stocks | 30/36 | €29,699 | €14,922 | -€14,777 | -49.8% |
| Amounts receivable within one year | 40/41 | €183,980 | €304,021 | +€120,041 | +65.2% |
| Trade receivables | 40 | €179,761 | €300,744 | +€120,983 | +67.3% |
| Other amounts receivable | 41 | €4,220 | €3,277 | -€942 | -22.3% |
| Current investments | 50/53 | €825,214 | €0 | -€825,214 | -100.0% |
| Cash at bank and in hand | 54/58 | €326,062 | €991,448 | +€665,386 | +204.1% |
| Deferred charges and accrued income | 490/1 | €26,768 | €21,248 | -€5,520 | -20.6% |
| Total equity and liabilities | 10/49 | €1,696,224 | €1,570,366 | -€125,858 | -7.4% |
| Equity | 10/15 | €1,340,402 | €1,051,268 | -€289,135 | -21.6% |
| Contributions | 10/11 | €140,000 | €128,819 | -€11,181 | -8.0% |
| Capital | 10 | €140,000 | €128,819 | -€11,181 | -8.0% |
| Issued capital | 100 | €140,000 | €128,819 | -€11,181 | -8.0% |
| Reserves | 13 | €1,783,000 | €1,688,247 | -€94,753 | -5.3% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €1,769,000 | €1,674,247 | -€94,753 | -5.4% |
| Profit (loss) carried forward | 14 | -€582,598 | -€765,798 | -€183,200 | -31.4% |
| Amounts payable | 17/49 | €355,822 | €519,099 | +€163,277 | +45.9% |
| Amounts payable within one year | 42/48 | €354,242 | €519,099 | +€164,857 | +46.5% |
| Financial debts | 43 | €1,287 | €977 | -€310 | -24.1% |
| Credit institutions | 430/8 | €1,287 | €0 | -€1,287 | -100.0% |
| Other loans | 439 | - | €977 | +€977 | |
| Trade debts | 44 | €204,494 | €236,951 | +€32,458 | +15.9% |
| Suppliers | 440/4 | €204,494 | €236,951 | +€32,458 | +15.9% |
| Taxes, remuneration and social security | 45 | €94,776 | €227,531 | +€132,755 | +140.1% |
| Taxes | 450/3 | €6,560 | €54,352 | +€47,792 | +728.6% |
| Remuneration and social security | 454/9 | €88,216 | €173,180 | +€84,963 | +96.3% |
| Other amounts payable | 47/48 | €53,685 | €53,639 | -€45 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,580 | €0 | -€1,580 | -100.0% |
| Non-recurring operating income | 76A | €10,264 | €0 | -€10,264 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,008,855 | €922,597 | -€86,258 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,189 | €117,686 | +€20,497 | +21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €962 | €0 | -€962 | -100.0% |
| Other operating charges | 640/8 | €5,030 | €8,105 | +€3,075 | +61.1% |
| Gross operating margin | 9900 | €939,880 | €883,502 | -€56,378 | -6.0% |
| Operating profit (loss) | 9901 | -€172,157 | -€164,886 | +€7,270 | +4.2% |
| Financial income | 75/76B | €5,430 | €10,897 | +€5,467 | +100.7% |
| Recurring financial income | 75 | €5,430 | €10,897 | +€5,467 | +100.7% |
| Financial charges | 65/66B | €257 | €187 | -€70 | -27.4% |
| Recurring financial charges | 65 | €257 | €187 | -€70 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€166,984 | -€154,176 | +€12,808 | +7.7% |
| Income taxes | 67/77 | €546 | €29,024 | +€28,479 | +5218.7% |
| Profit (loss) for the period | 9904 | -€167,529 | -€183,200 | -€15,671 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€167,529 | -€183,200 | -€15,671 | -9.4% |
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 1 October 2026 via checked.be.