MICTIV: 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.
MICTIV
Largest movements
- Receivables within one year +€361,038
up €361,038 (+639.6%), from €56,446 to €417,484
of which Other amounts receivable: +€371,438
- Cash -€113,285
down €113,285 (-77.8%), from €145,639 to €32,354
mainly Receivables within one year (-€361,038) and Contributions, distributions and other (-€75,953)
- Profit (loss) carried forward +€367,406
up €367,406 (+483.7%), from €75,953 to €443,359
- Other debts -€66,742
down €66,742 (-46.6%), from €143,298 to €76,556
- Tax, wage and social debts -€28,320
down €28,320 (-63.7%), from €44,473 to €16,153
- Current portion of long-term debt -€8,773
down €8,773 (-56.7%), from €15,469 to €6,696
- Debts after one year -€6,696
down €6,696 (-100.0%), from €6,696 to €0
- Financial income +€370,000
new in 2025: €370,000
- Gross operating margin -€3,261
down €3,261 (-2.7%), from €118,931 to €115,670
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 | €288,001 | €544,787 | +€256,787 | +89.2% |
| Fixed assets | 21/28 | €84,979 | €94,199 | +€9,219 | +10.8% |
| Tangible fixed assets | 22/27 | €53,539 | €57,758 | +€4,219 | +7.9% |
| Plant, machinery and equipment | 23 | €3,097 | €2,537 | -€560 | -18.1% |
| Furniture and vehicles | 24 | €50,441 | €41,199 | -€9,243 | -18.3% |
| Other tangible fixed assets | 26 | - | €14,022 | +€14,022 | |
| Financial fixed assets | 28 | €31,441 | €36,441 | +€5,000 | +15.9% |
| Current assets | 29/58 | €203,022 | €450,589 | +€247,567 | +121.9% |
| Amounts receivable within one year | 40/41 | €56,446 | €417,484 | +€361,038 | +639.6% |
| Trade receivables | 40 | €48,400 | €38,000 | -€10,400 | -21.5% |
| Other amounts receivable | 41 | €8,046 | €379,484 | +€371,438 | +4616.6% |
| Cash at bank and in hand | 54/58 | €145,639 | €32,354 | -€113,285 | -77.8% |
| Deferred charges and accrued income | 490/1 | €937 | €751 | -€186 | -19.8% |
| Total equity and liabilities | 10/49 | €288,001 | €544,787 | +€256,787 | +89.2% |
| Equity | 10/15 | €76,953 | €444,359 | +€367,406 | +477.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,953 | €443,359 | +€367,406 | +483.7% |
| Amounts payable | 17/49 | €211,048 | €100,428 | -€110,620 | -52.4% |
| Amounts payable after more than one year | 17 | €6,696 | €0 | -€6,696 | -100.0% |
| Financial debts | 170/4 | €6,696 | €0 | -€6,696 | -100.0% |
| Amounts payable within one year | 42/48 | €204,352 | €100,428 | -€103,924 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €15,469 | €6,696 | -€8,773 | -56.7% |
| Trade debts | 44 | €1,112 | €1,023 | -€89 | -8.0% |
| Suppliers | 440/4 | €1,112 | €1,023 | -€89 | -8.0% |
| Taxes, remuneration and social security | 45 | €44,473 | €16,153 | -€28,320 | -63.7% |
| Taxes | 450/3 | €44,473 | €16,153 | -€28,320 | -63.7% |
| Other amounts payable | 47/48 | €143,298 | €76,556 | -€66,742 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,365 | €17,421 | +€1,055 | +6.4% |
| Other operating charges | 640/8 | €1,432 | €1,480 | +€47 | +3.3% |
| Gross operating margin | 9900 | €118,931 | €115,670 | -€3,261 | -2.7% |
| Operating profit (loss) | 9901 | €101,133 | €96,769 | -€4,364 | -4.3% |
| Financial income | 75/76B | - | €370,000 | +€370,000 | |
| Recurring financial income | 75 | - | €370,000 | +€370,000 | |
| Financial charges | 65/66B | €1,837 | €1,044 | -€793 | -43.2% |
| Recurring financial charges | 65 | €1,837 | €1,044 | -€793 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €99,296 | €465,726 | +€366,429 | +369.0% |
| Income taxes | 67/77 | €23,343 | €22,366 | -€977 | -4.2% |
| Profit (loss) for the period | 9904 | €75,953 | €443,359 | +€367,406 | +483.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,953 | €443,359 | +€367,406 | +483.7% |
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.