MIKROS: what changed
Two financial 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.
MIKROS
Largest movements
- Tangible fixed assets -€107,558
down €107,558 (-2.9%), from €3.7m to €3.6m
- Cash +€87,154
up €87,154 (+71.3%), from €122,180 to €209,334
mainly Depreciation (+€113,317) and Net result for the year (+€67,235)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€76,726
down €76,726 (-20.8%), from €369,075 to €292,349
- Taxes -€15,603
down €15,603 (-39.3%), from €39,693 to €24,090
- Financial charges -€14,935
down €14,935 (-17.3%), from €86,517 to €71,582
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.
Derived cash bridge
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 | €3,942,085 | €3,901,098 | -€40,987 | -1.0% |
| Fixed assets | 21/28 | €3,727,489 | €3,619,931 | -€107,558 | -2.9% |
| Tangible fixed assets | 22/27 | €3,682,489 | €3,574,931 | -€107,558 | -2.9% |
| Land and buildings | 22 | €3,682,489 | €3,574,931 | -€107,558 | -2.9% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €214,596 | €281,167 | +€66,571 | +31.0% |
| Amounts receivable within one year | 40/41 | €22,812 | €2,067 | -€20,745 | -90.9% |
| Trade receivables | 40 | €2,047 | €2,067 | +€20 | +1.0% |
| Other amounts receivable | 41 | €20,765 | €0 | -€20,765 | -100% |
| Current investments | 50/53 | €69,604 | €69,766 | +€162 | +0.2% |
| Cash at bank and in hand | 54/58 | €122,180 | €209,334 | +€87,154 | +71.3% |
| Total equity and liabilities | 10/49 | €3,942,085 | €3,901,098 | -€40,987 | -1.0% |
| Equity | 10/15 | €2,795,058 | €2,762,293 | -€32,765 | -1.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,733,169 | €2,700,169 | -€33,000 | -1.2% |
| Non-distributable reserves | 130/1 | €80,169 | €80,169 | = | 0.0% |
| Legal reserve | 130 | €80,169 | €80,169 | = | 0.0% |
| Distributable reserves | 133 | €2,653,000 | €2,620,000 | -€33,000 | -1.2% |
| Profit (loss) carried forward | 14 | €389 | €624 | +€235 | +60.5% |
| Amounts payable | 17/49 | €1,147,027 | €1,138,805 | -€8,222 | -0.7% |
| Amounts payable after more than one year | 17 | €1,037,363 | €1,000,000 | -€37,363 | -3.6% |
| Financial debts | 170/4 | €1,037,363 | €1,000,000 | -€37,363 | -3.6% |
| Amounts payable within one year | 42/48 | €105,020 | €130,985 | +€25,965 | +24.7% |
| Trade debts | 44 | €0 | €1,286 | +€1,286 | |
| Suppliers | 440/4 | €0 | €1,286 | +€1,286 | |
| Taxes, remuneration and social security | 45 | €51,623 | €54,856 | +€3,233 | +6.3% |
| Taxes | 450/3 | €51,623 | €54,856 | +€3,233 | +6.3% |
| Other amounts payable | 47/48 | €53,396 | €74,842 | +€21,446 | +40.2% |
| Accrued charges and deferred income | 492/3 | €4,644 | €7,820 | +€3,176 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,846 | €113,317 | +€1,471 | +1.3% |
| Other operating charges | 640/8 | €20,176 | €19,312 | -€865 | -4.3% |
| Gross operating margin | 9900 | €369,075 | €292,349 | -€76,726 | -20.8% |
| Operating profit (loss) | 9901 | €237,052 | €159,720 | -€77,333 | -32.6% |
| Financial income | 75/76B | €1,024 | €3,187 | +€2,163 | +211% |
| Recurring financial income | 75 | €1,024 | €3,187 | +€2,163 | +211% |
| Financial charges | 65/66B | €86,517 | €71,582 | -€14,935 | -17.3% |
| Recurring financial charges | 65 | €86,517 | €71,582 | -€14,935 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €151,560 | €91,325 | -€60,235 | -39.7% |
| Income taxes | 67/77 | €39,693 | €24,090 | -€15,603 | -39.3% |
| Profit (loss) for the period | 9904 | €111,867 | €67,235 | -€44,632 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €111,867 | €67,235 | -€44,632 | -39.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.