Mycore: 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.
Mycore
Largest movements
- Stocks and contracts +€345,009
up €345,009 (+1247.5%), from €27,657 to €372,666
- Cash -€97,672
down €97,672 (-43.1%), from €226,440 to €128,768
mainly Stocks and contracts (-€345,009) and Contributions, distributions and other (-€151,476)
- Receivables within one year -€53,635
down €53,635 (-31.0%), from €172,965 to €119,330
of which Trade receivables: -€90,157
- Receivables after one year +€40,000
new in 2025: €40,000
- Other debts +€173,794
up €173,794 (+3578.5%), from €4,857 to €178,651
- Reserves -€151,476
down €151,476 (-79.8%), from €189,852 to €38,376
- Profit (loss) carried forward +€128,609
up €128,609, from €0 to €128,609
- Trade debts +€83,643
up €83,643 (+30.6%), from €273,344 to €356,986
- Current portion of long-term debt +€33,875
up €33,875 (+187.9%), from €18,028 to €51,902
- Gross operating margin -€48,695
down €48,695 (-21.2%), from €229,688 to €180,992
- Other operating charges -€8,510
down €8,510 (-87.0%), from €9,785 to €1,275
- Financial charges -€8,428
down €8,428 (-72.2%), from €11,667 to €3,239
- Taxes -€7,833
down €7,833 (-14.9%), from €52,694 to €44,861
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 | €519,490 | €759,402 | +€239,911 | +46.2% |
| Fixed assets | 21/28 | €87,054 | €88,303 | +€1,249 | +1.4% |
| Tangible fixed assets | 22/27 | €87,054 | €88,303 | +€1,249 | +1.4% |
| Land and buildings | 22 | €73,750 | €73,750 | = | 0.0% |
| Furniture and vehicles | 24 | €7,332 | €9,614 | +€2,282 | +31.1% |
| Other tangible fixed assets | 26 | €5,972 | €4,939 | -€1,033 | -17.3% |
| Current assets | 29/58 | €432,437 | €671,099 | +€238,662 | +55.2% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Stocks and contracts in progress | 3 | €27,657 | €372,666 | +€345,009 | +1247.5% |
| Stocks | 30/36 | €27,657 | €372,666 | +€345,009 | +1247.5% |
| Amounts receivable within one year | 40/41 | €172,965 | €119,330 | -€53,635 | -31.0% |
| Trade receivables | 40 | €171,879 | €81,722 | -€90,157 | -52.5% |
| Other amounts receivable | 41 | €1,086 | €37,607 | +€36,522 | +3364.4% |
| Cash at bank and in hand | 54/58 | €226,440 | €128,768 | -€97,672 | -43.1% |
| Deferred charges and accrued income | 490/1 | €5,375 | €10,335 | +€4,960 | +92.3% |
| Total equity and liabilities | 10/49 | €519,490 | €759,402 | +€239,911 | +46.2% |
| Equity | 10/15 | €190,852 | €167,985 | -€22,867 | -12.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €189,852 | €38,376 | -€151,476 | -79.8% |
| Distributable reserves | 133 | €189,852 | €38,376 | -€151,476 | -79.8% |
| Profit (loss) carried forward | 14 | €0 | €128,609 | +€128,609 | |
| Amounts payable | 17/49 | €328,638 | €591,417 | +€262,779 | +80.0% |
| Amounts payable after more than one year | 17 | €0 | €2,653 | +€2,653 | |
| Financial debts | 170/4 | €0 | €2,653 | +€2,653 | |
| Amounts payable within one year | 42/48 | €328,638 | €587,540 | +€258,902 | +78.8% |
| Current portion of amounts payable after more than one year | 42 | €18,028 | €51,902 | +€33,875 | +187.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €273,344 | €356,986 | +€83,643 | +30.6% |
| Suppliers | 440/4 | €273,344 | €356,986 | +€83,643 | +30.6% |
| Taxes, remuneration and social security | 45 | €32,410 | €0 | -€32,410 | -100.0% |
| Taxes | 450/3 | €32,410 | €0 | -€32,410 | -100.0% |
| Other amounts payable | 47/48 | €4,857 | €178,651 | +€173,794 | +3578.5% |
| Accrued charges and deferred income | 492/3 | - | €1,224 | +€1,224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,066 | €4,534 | +€469 | +11.5% |
| Other operating charges | 640/8 | €9,785 | €1,275 | -€8,510 | -87.0% |
| Gross operating margin | 9900 | €229,688 | €180,992 | -€48,695 | -21.2% |
| Operating profit (loss) | 9901 | €215,836 | €175,183 | -€40,654 | -18.8% |
| Financial income | 75/76B | €1 | €1,526 | +€1,525 | +277336.4% |
| Recurring financial income | 75 | €1 | €1,526 | +€1,525 | +277336.4% |
| Financial charges | 65/66B | €11,667 | €3,239 | -€8,428 | -72.2% |
| Recurring financial charges | 65 | €11,667 | €3,239 | -€8,428 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €204,170 | €173,469 | -€30,701 | -15.0% |
| Income taxes | 67/77 | €52,694 | €44,861 | -€7,833 | -14.9% |
| Profit (loss) for the period | 9904 | €151,476 | €128,609 | -€22,867 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €151,476 | €128,609 | -€22,867 | -15.1% |
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 8 October 2026 via checked.be.