MICROTELECOM: 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.
MICROTELECOM
Largest movements
- Cash +€40,185
up €40,185 (+47.8%), from €84,075 to €124,260
mainly Receivables within one year (+€35,951) and Trade debts (+€13,044)
- Receivables within one year -€35,951
down €35,951 (-45.9%), from €78,327 to €42,376
of which Trade receivables: -€25,898
- Trade debts +€13,044
new in 2025: €13,044
- Profit (loss) carried forward -€9,752
down €9,752, from €1,065 to -€8,687
- Other debts +€2,175
up €2,175 (+2.5%), from €88,441 to €90,616
- Tax, wage and social debts -€1,935
down €1,935 (-14.0%), from €13,791 to €11,856
of which Taxes: -€1,269
- Gross operating margin -€16,113
down €16,113 (-29.1%), from €55,387 to €39,275
- Financial charges -€4,316
down €4,316 (-65.1%), from €6,635 to €2,319
- Staff costs +€1,941
up €1,941 (+4.1%), from €47,778 to €49,719
- Financial income -€1,105
down €1,105 (-21.9%), from €5,044 to €3,939
- Taxes -€627
no longer reported in 2025 (was €627)
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 | €171,497 | €175,029 | +€3,532 | +2.1% |
| Current assets | 29/58 | €171,497 | €175,029 | +€3,532 | +2.1% |
| Amounts receivable within one year | 40/41 | €78,327 | €42,376 | -€35,951 | -45.9% |
| Trade receivables | 40 | €63,949 | €38,051 | -€25,898 | -40.5% |
| Other amounts receivable | 41 | €14,378 | €4,325 | -€10,053 | -69.9% |
| Cash at bank and in hand | 54/58 | €84,075 | €124,260 | +€40,185 | +47.8% |
| Deferred charges and accrued income | 490/1 | €9,095 | €8,393 | -€702 | -7.7% |
| Total equity and liabilities | 10/49 | €171,497 | €175,029 | +€3,532 | +2.1% |
| Equity | 10/15 | €69,265 | €59,513 | -€9,752 | -14.1% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,065 | -€8,687 | -€9,752 | |
| Amounts payable | 17/49 | €102,232 | €115,516 | +€13,284 | +13.0% |
| Amounts payable within one year | 42/48 | €102,232 | €115,516 | +€13,284 | +13.0% |
| Trade debts | 44 | - | €13,044 | +€13,044 | |
| Suppliers | 440/4 | - | €13,044 | +€13,044 | |
| Taxes, remuneration and social security | 45 | €13,791 | €11,856 | -€1,935 | -14.0% |
| Taxes | 450/3 | €4,785 | €3,516 | -€1,269 | -26.5% |
| Remuneration and social security | 454/9 | €9,006 | €8,340 | -€666 | -7.4% |
| Other amounts payable | 47/48 | €88,441 | €90,616 | +€2,175 | +2.5% |
| Remuneration, social security and pensions | 62 | €47,778 | €49,719 | +€1,941 | +4.1% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €55,387 | €39,275 | -€16,113 | -29.1% |
| Operating profit (loss) | 9901 | €6,711 | -€11,373 | -€18,084 | |
| Financial income | 75/76B | €5,044 | €3,939 | -€1,105 | -21.9% |
| Recurring financial income | 75 | €5,044 | €3,939 | -€1,105 | -21.9% |
| Financial charges | 65/66B | €6,635 | €2,319 | -€4,316 | -65.1% |
| Recurring financial charges | 65 | €6,635 | €2,319 | -€4,316 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €5,120 | -€9,752 | -€14,872 | |
| Income taxes | 67/77 | €627 | - | -€627 | |
| Profit (loss) for the period | 9904 | €4,493 | -€9,752 | -€14,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,493 | -€9,752 | -€14,245 |
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 7 October 2026 via checked.be.