Mircon: 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.
What changed
Mircon
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€125,744
2024 · €84,475+€41,269
Equity
€423,680
2024 · €314,694+€108,986
Cash
€154,378
2024 · €151,361+€3,017
Balance sheet total
€760,756
2024 · €657,159+€103,597
Largest movements
Assets
- Current investments +€85,000
new in 2025: €85,000
- Receivables within one year +€16,937
up €16,937 (+40.5%), from €41,870 to €58,806
of which Trade receivables: +€22,326
Equity and liabilities
- Reserves +€110,652
up €110,652 (+37.8%), from €292,801 to €403,453
- Debts after one year -€37,252
down €37,252 (-17.0%), from €219,572 to €182,320
- Tax, wage and social debts +€14,006
up €14,006 (+38.2%), from €36,678 to €50,683
of which Remuneration and social security: +€7,316
- Accrued charges and deferred income +€7,986
up €7,986 (+1,836%), from €435 to €8,421
Income statement
- Gross operating margin +€103,613
up €103,613 (+32.7%), from €317,130 to €420,744
- Staff costs +€36,201
up €36,201 (+23.8%), from €151,861 to €188,062
- Taxes +€19,808
up €19,808 (+60.0%), from €33,019 to €52,826
- Depreciation +€6,800
up €6,800 (+18.6%), from €36,628 to €43,428
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
€84,475
Gross operating margin
+€103,613
Staff costs
-€36,201
Depreciation
-€6,800
Other operating charges
-€37
Other operating items
+€623
Financial income
-€615
Financial charges
+€494
Taxes
-€19,808
Result 2025
€125,744
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€179,217
Investment
-€123,824
Financing
-€52,375
Cash 2024
€151,361
From operations (derived)
+€179,217
Net result for the year
+€125,744
Depreciation
+€43,428
Receivables within one year
-€16,937
Deferred charges and accrued income
-€3,247
Trade debts
+€7,601
Tax, wage and social debts
+€14,006
Other debts
+€635
Accrued charges and deferred income
+€7,986
Investment (derived)
-€123,824
Investment in fixed assets (net)
-€38,824
Current investments
-€85,000
Financing
-€52,375
Debts after one year
-€37,252
Current portion of long-term debt
+€1,635
Contributions, distributions and other
-€16,758
Cash 2025
€154,378
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €657,159 | €760,756 | +€103,597 | +15.8% |
| Fixed assets | 21/28 | €453,080 | €448,476 | -€4,604 | -1.0% |
| Tangible fixed assets | 22/27 | €115,690 | €111,087 | -€4,604 | -4.0% |
| Plant, machinery and equipment | 23 | €13,470 | €8,531 | -€4,939 | -36.7% |
| Furniture and vehicles | 24 | €98,365 | €99,117 | +€751 | +0.8% |
| Other tangible fixed assets | 26 | €3,855 | €3,439 | -€416 | -10.8% |
| Financial fixed assets | 28 | €337,389 | €337,389 | = | 0.0% |
| Current assets | 29/58 | €204,079 | €312,280 | +€108,200 | +53.0% |
| Amounts receivable within one year | 40/41 | €41,870 | €58,806 | +€16,937 | +40.5% |
| Trade receivables | 40 | €36,480 | €58,806 | +€22,326 | +61.2% |
| Other amounts receivable | 41 | €5,390 | €0 | -€5,390 | -100% |
| Current investments | 50/53 | - | €85,000 | +€85,000 | |
| Cash at bank and in hand | 54/58 | €151,361 | €154,378 | +€3,017 | +2.0% |
| Deferred charges and accrued income | 490/1 | €10,848 | €14,095 | +€3,247 | +29.9% |
| Total equity and liabilities | 10/49 | €657,159 | €760,756 | +€103,597 | +15.8% |
| Equity | 10/15 | €314,694 | €423,680 | +€108,986 | +34.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €292,801 | €403,453 | +€110,652 | +37.8% |
| Distributable reserves | 133 | €292,801 | €403,453 | +€110,652 | +37.8% |
| Profit (loss) carried forward | 14 | €1,893 | €227 | -€1,666 | -88.0% |
| Amounts payable | 17/49 | €342,465 | €337,075 | -€5,390 | -1.6% |
| Amounts payable after more than one year | 17 | €219,572 | €182,320 | -€37,252 | -17.0% |
| Financial debts | 170/4 | €219,572 | €182,320 | -€37,252 | -17.0% |
| Amounts payable within one year | 42/48 | €122,458 | €146,334 | +€23,877 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €52,839 | €54,474 | +€1,635 | +3.1% |
| Trade debts | 44 | €26,982 | €34,583 | +€7,601 | +28.2% |
| Suppliers | 440/4 | €26,982 | €34,583 | +€7,601 | +28.2% |
| Taxes, remuneration and social security | 45 | €36,678 | €50,683 | +€14,006 | +38.2% |
| Taxes | 450/3 | €26,048 | €32,738 | +€6,690 | +25.7% |
| Remuneration and social security | 454/9 | €10,630 | €17,946 | +€7,316 | +68.8% |
| Other amounts payable | 47/48 | €5,958 | €6,593 | +€635 | +10.7% |
| Accrued charges and deferred income | 492/3 | €435 | €8,421 | +€7,986 | +1,836% |
| Non-recurring operating income | 76A | - | €3,512 | +€3,512 | |
| Remuneration, social security and pensions | 62 | €151,861 | €188,062 | +€36,201 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,628 | €43,428 | +€6,800 | +18.6% |
| Other operating charges | 640/8 | €1,336 | €1,373 | +€37 | +2.8% |
| Non-recurring operating charges | 66A | €798 | €176 | -€623 | -78.0% |
| Gross operating margin | 9900 | €317,130 | €420,744 | +€103,613 | +32.7% |
| Operating profit (loss) | 9901 | €126,507 | €187,705 | +€61,199 | +48.4% |
| Financial income | 75/76B | €1,195 | €580 | -€615 | -51.5% |
| Recurring financial income | 75 | €1,195 | €580 | -€615 | -51.5% |
| Financial charges | 65/66B | €10,209 | €9,715 | -€494 | -4.8% |
| Recurring financial charges | 65 | €10,209 | €9,715 | -€494 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €117,493 | €178,570 | +€61,077 | +52.0% |
| Income taxes | 67/77 | €33,019 | €52,826 | +€19,808 | +60.0% |
| Profit (loss) for the period | 9904 | €84,475 | €125,744 | +€41,269 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,475 | €125,744 | +€41,269 | +48.9% |
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 13 October 2026 via checked.be.