MICROTRON: 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
MICROTRON
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€368,587
2024 · €67,461+€301,126
Equity
€1.0m
2024 · €755,641+€248,587
Cash
€96,116
2024 · €43,439+€52,678
Balance sheet total
€2.7m
2024 · €3.6m-€936,991
Largest movements
Assets
- Receivables within one year -€734,463
down €734,463 (-35.7%), from €2.1m to €1.3m
of which Other amounts receivable: -€836,098
- Stocks and contracts -€424,241
down €424,241 (-39.1%), from €1.1m to €659,484
- Financial fixed assets +€125,248
new in 2025: €125,248
- Intangible fixed assets +€95,394
up €95,394 (+5662.9%), from €1,685 to €97,079
- Cash +€52,678
up €52,678 (+121.3%), from €43,439 to €96,116
mainly Receivables within one year (+€734,463) and Stocks and contracts (+€424,241)
Equity and liabilities
- Short-term financial debts -€784,934
down €784,934 (-45.8%), from €1.7m to €929,546
- Trade debts -€576,754
down €576,754 (-64.5%), from €894,774 to €318,020
- Other debts +€251,995
new in 2025: €251,995
- Reserves +€204,776
up €204,776 (+281.8%), from €72,677 to €277,454
of which Distributable reserves: +€204,776
- Tax, wage and social debts -€59,789
down €59,789 (-35.6%), from €168,040 to €108,251
of which Taxes: -€33,315
Income statement
- Turnover +€11.0m
new in 2025: €11.0m
- Goods and materials +€8.2m
new in 2025: €8.2m
of which Purchases: +€7.8m
- Services and other goods +€1.6m
new in 2025: €1.6m
- Gross operating margin -€1.5m
no longer reported in 2025 (was €1.5m)
- Other operating income +€510,659
new in 2025: €510,659
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.
Result 2024
€67,461
Turnover
+€11.0m
Other operating income
+€510,659
Goods and materials
-€8.2m
Services and other goods
-€1.6m
Staff costs
+€152,256
Depreciation
+€6,193
Write-downs
-€45,805
Other operating charges
-€1,534
Other operating items
-€1.6m
Financial income
+€111,974
Financial charges
-€48,134
Taxes
-€11,554
Result 2025
€368,587
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.
From operations
+€1.2m
Investment
-€247,838
Financing
-€907,030
Cash 2024
€43,439
From operations (derived)
+€1.2m
Net result for the year
+€368,587
Depreciation
+€78,803
Stocks and contracts
+€424,241
Receivables within one year
+€734,463
Trade debts
-€576,754
Tax, wage and social debts
-€59,789
Other debts
+€251,995
Accrued charges and deferred income
-€14,000
Investment (derived)
-€247,838
Investment in fixed assets (net)
-€247,838
Financing
-€907,030
Debts after one year
-€7,469
Current portion of long-term debt
+€5,373
Short-term financial debts
-€784,934
Contributions, distributions and other
-€120,000
Cash 2025
€96,116
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,599,170 | €2,662,179 | -€936,991 | -26.0% |
| Fixed assets | 21/28 | €415,190 | €584,225 | +€169,035 | +40.7% |
| Intangible fixed assets | 21 | €1,685 | €97,079 | +€95,394 | +5662.9% |
| Tangible fixed assets | 22/27 | €413,505 | €361,898 | -€51,607 | -12.5% |
| Land and buildings | 22 | €104,980 | €85,249 | -€19,731 | -18.8% |
| Plant, machinery and equipment | 23 | €61,181 | €42,949 | -€18,232 | -29.8% |
| Furniture and vehicles | 24 | €113,147 | €106,556 | -€6,591 | -5.8% |
| Leasing and similar rights | 25 | €7,053 | €0 | -€7,053 | -100.0% |
| Other tangible fixed assets | 26 | €127,144 | €127,144 | = | 0.0% |
| Financial fixed assets | 28 | - | €125,248 | +€125,248 | |
| Affiliated companies | 280/1 | - | €125,248 | +€125,248 | |
| Participating interests | 280 | - | €125,248 | +€125,248 | |
| Current assets | 29/58 | €3,183,980 | €2,077,954 | -€1.1m | -34.7% |
| Stocks and contracts in progress | 3 | €1,083,725 | €659,484 | -€424,241 | -39.1% |
| Stocks | 30/36 | €1,083,725 | €659,484 | -€424,241 | -39.1% |
| Goods purchased for resale | 34 | - | €659,484 | +€659,484 | |
| Amounts receivable within one year | 40/41 | €2,056,817 | €1,322,354 | -€734,463 | -35.7% |
| Trade receivables | 40 | €1,208,597 | €1,310,233 | +€101,635 | +8.4% |
| Other amounts receivable | 41 | €848,219 | €12,121 | -€836,098 | -98.6% |
| Cash at bank and in hand | 54/58 | €43,439 | €96,116 | +€52,678 | +121.3% |
| Total equity and liabilities | 10/49 | €3,599,170 | €2,662,179 | -€936,991 | -26.0% |
| Equity | 10/15 | €755,641 | €1,004,227 | +€248,587 | +32.9% |
| Contributions | 10/11 | €726,774 | €726,774 | = | 0.0% |
| Capital | 10 | €726,774 | €726,774 | = | 0.0% |
| Issued capital | 100 | €726,774 | €726,774 | = | 0.0% |
| Reserves | 13 | €72,677 | €277,454 | +€204,776 | +281.8% |
| Non-distributable reserves | 130/1 | €72,677 | €72,677 | = | 0.0% |
| Legal reserve | 130 | €72,677 | €72,677 | = | 0.0% |
| Distributable reserves | 133 | - | €204,776 | +€204,776 | |
| Profit (loss) carried forward | 14 | -€43,810 | €0 | +€43,810 | |
| Amounts payable | 17/49 | €2,843,529 | €1,657,951 | -€1.2m | -41.7% |
| Amounts payable after more than one year | 17 | €29,996 | €22,528 | -€7,469 | -24.9% |
| Financial debts | 170/4 | €29,996 | €22,528 | -€7,469 | -24.9% |
| Credit institutions | 173 | - | €22,528 | +€22,528 | |
| Amounts payable within one year | 42/48 | €2,799,533 | €1,635,424 | -€1.2m | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €22,239 | €27,612 | +€5,373 | +24.2% |
| Financial debts | 43 | €1,714,480 | €929,546 | -€784,934 | -45.8% |
| Credit institutions | 430/8 | €1,714,480 | €929,546 | -€784,934 | -45.8% |
| Trade debts | 44 | €894,774 | €318,020 | -€576,754 | -64.5% |
| Suppliers | 440/4 | €894,774 | €318,020 | -€576,754 | -64.5% |
| Taxes, remuneration and social security | 45 | €168,040 | €108,251 | -€59,789 | -35.6% |
| Taxes | 450/3 | €45,625 | €12,310 | -€33,315 | -73.0% |
| Remuneration and social security | 454/9 | €122,415 | €95,941 | -€26,474 | -21.6% |
| Other amounts payable | 47/48 | - | €251,995 | +€251,995 | |
| Accrued charges and deferred income | 492/3 | €14,000 | €0 | -€14,000 | -100.0% |
| Operating income | 70/76A | - | €11,537,091 | +€11.5m | |
| Turnover | 70 | - | €11,026,432 | +€11.0m | |
| Other operating income | 74 | - | €510,659 | +€510,659 | |
| Operating charges | 60/66A | - | €11,096,241 | +€11.1m | |
| Goods for resale, raw materials and consumables | 60 | - | €8,178,640 | +€8.2m | |
| Purchases | 600/8 | - | €7,802,012 | +€7.8m | |
| Change in stocks: decrease (increase) | 609 | - | €376,628 | +€376,628 | |
| Services and other goods | 61 | - | €1,591,334 | +€1.6m | |
| Remuneration, social security and pensions | 62 | €1,170,522 | €1,018,266 | -€152,256 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,996 | €78,803 | -€6,193 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,250 | €44,555 | +€45,805 | |
| Other operating charges | 640/8 | €43,263 | €44,798 | +€1,534 | +3.5% |
| Non-recurring operating charges | 66A | - | €139,844 | +€139,844 | |
| Gross operating margin | 9900 | €1,489,541 | - | -€1.5m | |
| Operating profit (loss) | 9901 | €192,010 | €440,850 | +€248,840 | +129.6% |
| Financial income | 75/76B | €22,172 | €134,146 | +€111,974 | +505.0% |
| Recurring financial income | 75 | €22,172 | €8,898 | -€13,274 | -59.9% |
| Income from current assets | 751 | - | €0 | = | |
| Other financial income | 752/9 | - | €8,898 | +€8,898 | |
| Non-recurring financial income | 76B | - | €125,248 | +€125,248 | |
| Financial charges | 65/66B | €101,407 | €149,541 | +€48,134 | +47.5% |
| Recurring financial charges | 65 | €101,407 | €149,541 | +€48,134 | +47.5% |
| Debt charges | 650 | - | €32,413 | +€32,413 | |
| Other financial charges | 652/9 | - | €117,128 | +€117,128 | |
| Profit (loss) for the period before taxes | 9903 | €112,775 | €425,455 | +€312,680 | +277.3% |
| Income taxes | 67/77 | €45,314 | €56,869 | +€11,554 | +25.5% |
| Taxes | 670/3 | - | €56,869 | +€56,869 | |
| Profit (loss) for the period | 9904 | €67,461 | €368,587 | +€301,126 | +446.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,461 | €368,587 | +€301,126 | +446.4% |
Source: filed annual accounts (NBB), fiscal years ended 29 September 2024 and 29 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.