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MicroStart Support: 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.

What changed

MicroStart Support

BE 0835.911.059
NACE 64.929, Financial service activities, except insurance and pension funding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,394
2024 · €35,758-€9,364
Equity
€47,868
2024 · €21,473+€26,395
Cash
€213,316
2024 · €130,620+€82,696
Balance sheet total
€1.2m
2024 · €1.3m-€108,688

Largest movements

2024 to 2025
Assets
  • Receivables after one year -€190,521

    down €190,521 (-41.5%), from €459,000 to €268,479

  • Intangible fixed assets +€84,642

    up €84,642 (+192.0%), from €44,081 to €128,723

  • Cash +€82,696

    up €82,696 (+63.3%), from €130,620 to €213,316

    mainly Debts after one year (+€377,000) and Receivables after one year (+€190,521)

  • Receivables within one year -€68,971

    down €68,971 (-12.0%), from €574,942 to €505,971

    of which Trade receivables: -€35,437

  • Tangible fixed assets -€20,554

    down €20,554 (-79.6%), from €25,819 to €5,265

    of which Other tangible fixed assets: -€16,483

Equity and liabilities
  • Accrued charges and deferred income -€460,696

    down €460,696 (-49.9%), from €923,702 to €463,006

  • Debts after one year +€377,000

    up €377,000 (+837.8%), from €45,000 to €422,000

  • Debts within one year -€51,387

    down €51,387 (-18.6%), from €276,387 to €225,000

    of which Trade debts: -€155,209

  • Profit (loss) carried forward +€42,316

    up €42,316 (+51.3%), from -€82,448 to -€40,132

  • Reserves -€15,921

    down €15,921 (-15.3%), from €103,921 to €88,000

Income statement
  • Purchases and services -€197,829

    down €197,829 (-36.4%), from €544,078 to €346,249

  • Turnover +€101,801

    new in 2025: €101,801

  • Depreciation +€39,364

    up €39,364 (+197.6%), from €19,924 to €59,288

  • Staff costs -€30,922

    down €30,922 (-3.8%), from €807,993 to €777,071

  • Other operating charges +€10,532

    up €10,532 (+12.8%), from €82,538 to €93,070

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €35,758
Gross operating margin +€7,468
Staff costs +€30,922
Depreciation -€39,364
Other operating charges -€10,532
Financial income -€2,726
Financial charges +€4,868
Result 2025 €26,394

Cash bridge derived

cash 2024 to 2025

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.

From operations -€169,829
Investment -€124,476
Financing +€377,001
Cash 2024 €130,620
Net result for the year +€26,394
Depreciation +€59,288
Receivables after one year +€190,521
Receivables within one year +€68,971
Deferred charges and accrued income -€2,920
Debts within one year -€51,387
Accrued charges and deferred income -€460,696
Investment in fixed assets (net) -€124,476
Debts after one year +€377,000
Contributions, distributions and other +€1
Cash 2025 €213,316
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,266,562 €1,157,874 -€108,688 -8.6%
Fixed assets 21/28 €101,433 €166,621 +€65,188 +64.3%
Intangible fixed assets 21 €44,081 €128,723 +€84,642 +192.0%
Tangible fixed assets 22/27 €25,819 €5,265 -€20,554 -79.6%
Furniture and vehicles 24 €9,336 €5,265 -€4,071 -43.6%
Other tangible fixed assets 26 €16,483 €0 -€16,483 -100.0%
Financial fixed assets 28 €31,533 €32,633 +€1,100 +3.5%
Current assets 29/58 €1,165,129 €991,253 -€173,876 -14.9%
Amounts receivable after more than one year 29 €459,000 €268,479 -€190,521 -41.5%
Other amounts receivable 291 €459,000 €268,479 -€190,521 -41.5%
Amounts receivable within one year 40/41 €574,942 €505,971 -€68,971 -12.0%
Trade receivables 40 €52,371 €16,934 -€35,437 -67.7%
Other amounts receivable 41 €522,571 €489,037 -€33,534 -6.4%
Cash at bank and in hand 54/58 €130,620 €213,316 +€82,696 +63.3%
Deferred charges and accrued income 490/1 €567 €3,487 +€2,920 +515.0%
Total equity and liabilities 10/49 €1,266,562 €1,157,874 -€108,688 -8.6%
Equity 10/15 €21,473 €47,868 +€26,395 +122.9%
Reserves 13 €103,921 €88,000 -€15,921 -15.3%
Profit (loss) carried forward 14 -€82,448 -€40,132 +€42,316 +51.3%
Investment grants 15 €0 - =
Amounts payable 17/49 €1,245,089 €1,110,006 -€135,083 -10.8%
Amounts payable after more than one year 17 €45,000 €422,000 +€377,000 +837.8%
Trade debts 175 €45,000 €422,000 +€377,000 +837.8%
Amounts payable within one year 42/48 €276,387 €225,000 -€51,387 -18.6%
Trade debts 44 €188,261 €33,052 -€155,209 -82.4%
Suppliers 440/4 €188,261 €33,052 -€155,209 -82.4%
Taxes, remuneration and social security 45 €85,766 €142,948 +€57,182 +66.7%
Taxes 450/3 €98 €24,469 +€24,371 +24868.4%
Remuneration and social security 454/9 €85,668 €118,479 +€32,811 +38.3%
Accrued charges and deferred income 492/3 €923,702 €463,006 -€460,696 -49.9%
Turnover 70 - €101,801 +€101,801
Non-recurring operating income 76A €201,772 €200,000 -€1,772 -0.9%
Goods, raw materials, services and sundry goods 60/61 €544,078 €346,249 -€197,829 -36.4%
Remuneration, social security and pensions 62 €807,993 €777,071 -€30,922 -3.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,924 €59,288 +€39,364 +197.6%
Other operating charges 640/8 €82,538 €93,070 +€10,532 +12.8%
Gross operating margin 9900 €955,549 €963,017 +€7,468 +0.8%
Operating profit (loss) 9901 €45,094 €33,588 -€11,506 -25.5%
Financial income 75/76B €2,752 €26 -€2,726 -99.1%
Recurring financial income 75 €2,752 €26 -€2,726 -99.1%
Financial charges 65/66B €12,088 €7,220 -€4,868 -40.3%
Recurring financial charges 65 €12,088 €7,220 -€4,868 -40.3%
Profit (loss) for the period before taxes 9903 €35,758 €26,394 -€9,364 -26.2%
Profit (loss) for the period 9904 €35,758 €26,394 -€9,364 -26.2%
Profit (loss) for the period to be appropriated 9905 €35,758 €26,394 -€9,364 -26.2%

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 29 September 2026 via checked.be.