DE KOP VAN MUNTE: 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.
DE KOP VAN MUNTE
Largest movements
- Tangible fixed assets -€7,565
down €7,565 (-29.5%), from €25,682 to €18,117
- Stocks and contracts +€7,326
new in 2025: €7,326
- Cash -€4,170
down €4,170 (-19.9%), from €20,948 to €16,778
mainly Net result for the year (-€57,774) and Stocks and contracts (-€7,326)
- Receivables within one year -€1,395
no longer reported in 2025 (was €1,395)
of which Other amounts receivable: -€1,395
- Profit (loss) carried forward -€57,774
down €57,774 (-114.6%), from -€50,407 to -€108,181
- Trade debts +€52,182
up €52,182 (+833.8%), from €6,258 to €58,440
- Tax, wage and social debts -€7,137
down €7,137 (-32.0%), from €22,331 to €15,195
of which Taxes: -€6,216
- Other debts +€6,924
up €6,924 (+10.8%), from €64,342 to €71,266
- Gross operating margin -€85,207
down €85,207 (-64.2%), from €132,769 to €47,562
- Staff costs -€43,396
down €43,396 (-30.7%), from €141,248 to €97,852
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 | €52,525 | €46,720 | -€5,805 | -11.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €30,182 | €22,617 | -€7,565 | -25.1% |
| Tangible fixed assets | 22/27 | €25,682 | €18,117 | -€7,565 | -29.5% |
| Plant, machinery and equipment | 23 | €25,682 | €18,117 | -€7,565 | -29.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €22,343 | €24,103 | +€1,760 | +7.9% |
| Stocks and contracts in progress | 3 | - | €7,326 | +€7,326 | |
| Stocks | 30/36 | - | €7,326 | +€7,326 | |
| Amounts receivable within one year | 40/41 | €1,395 | - | -€1,395 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,395 | - | -€1,395 | |
| Cash at bank and in hand | 54/58 | €20,948 | €16,778 | -€4,170 | -19.9% |
| Total equity and liabilities | 10/49 | €52,525 | €46,720 | -€5,805 | -11.1% |
| Equity | 10/15 | -€40,407 | -€98,181 | -€57,774 | -143.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,407 | -€108,181 | -€57,774 | -114.6% |
| Amounts payable | 17/49 | €92,932 | €144,901 | +€51,969 | +55.9% |
| Amounts payable within one year | 42/48 | €92,932 | €144,901 | +€51,969 | +55.9% |
| Trade debts | 44 | €6,258 | €58,440 | +€52,182 | +833.8% |
| Suppliers | 440/4 | €6,258 | €58,440 | +€52,182 | +833.8% |
| Taxes, remuneration and social security | 45 | €22,331 | €15,195 | -€7,137 | -32.0% |
| Taxes | 450/3 | €7,279 | €1,064 | -€6,216 | -85.4% |
| Remuneration and social security | 454/9 | €15,052 | €14,131 | -€921 | -6.1% |
| Other amounts payable | 47/48 | €64,342 | €71,266 | +€6,924 | +10.8% |
| Remuneration, social security and pensions | 62 | €141,248 | €97,852 | -€43,396 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,804 | €7,565 | -€1,239 | -14.1% |
| Other operating charges | 640/8 | €17 | €708 | +€692 | +4161.6% |
| Gross operating margin | 9900 | €132,769 | €47,562 | -€85,207 | -64.2% |
| Operating profit (loss) | 9901 | -€17,300 | -€58,563 | -€41,263 | -238.5% |
| Financial income | 75/76B | €19 | €1,193 | +€1,173 | +6047.1% |
| Recurring financial income | 75 | €19 | €1,193 | +€1,173 | +6047.1% |
| Financial charges | 65/66B | -€874 | €403 | +€1,277 | |
| Recurring financial charges | 65 | -€874 | €403 | +€1,277 | |
| Profit (loss) for the period before taxes | 9903 | -€16,407 | -€57,774 | -€41,367 | -252.1% |
| Profit (loss) for the period | 9904 | -€16,407 | -€57,774 | -€41,367 | -252.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,407 | -€57,774 | -€41,367 | -252.1% |
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 30 September 2026 via checked.be.