M-KUT: 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.
M-KUT
Largest movements
- Cash -€13,022
down €13,022 (-67.5%), from €19,299 to €6,277
mainly Receivables within one year (-€11,462) and Other debts (-€9,053)
- Receivables within one year +€11,462
up €11,462 (+113.4%), from €10,107 to €21,568
of which Trade receivables: +€13,270
- Tangible fixed assets +€604
new in 2024: €604
- Trade debts +€11,816
up €11,816 (+83.4%), from €14,175 to €25,991
- Other debts -€9,053
down €9,053 (-69.8%), from €12,978 to €3,924
- Profit (loss) carried forward -€3,862
down €3,862, from €59 to -€3,803
- Gross operating margin -€3,817
down €3,817, from €453 to -€3,363
- Other operating charges -€384
no longer reported in 2024 (was €384)
- Depreciation +€266
new in 2024: €266
- Financial charges +€225
up €225 (+2568.8%), from €9 to €233
- Taxes -€194
no longer reported in 2024 (was €194)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,406 | €28,450 | -€956 | -3.3% |
| Fixed assets | 21/28 | - | €604 | +€604 | |
| Tangible fixed assets | 22/27 | - | €604 | +€604 | |
| Furniture and vehicles | 24 | - | €604 | +€604 | |
| Current assets | 29/58 | €29,406 | €27,846 | -€1,560 | -5.3% |
| Amounts receivable within one year | 40/41 | €10,107 | €21,568 | +€11,462 | +113.4% |
| Trade receivables | 40 | €8,265 | €21,535 | +€13,270 | +160.6% |
| Other amounts receivable | 41 | €1,842 | €33 | -€1,808 | -98.2% |
| Cash at bank and in hand | 54/58 | €19,299 | €6,277 | -€13,022 | -67.5% |
| Total equity and liabilities | 10/49 | €29,406 | €28,450 | -€956 | -3.3% |
| Equity | 10/15 | €2,059 | -€1,803 | -€3,862 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59 | -€3,803 | -€3,862 | |
| Amounts payable | 17/49 | €27,347 | €30,252 | +€2,906 | +10.6% |
| Amounts payable within one year | 42/48 | €27,347 | €30,252 | +€2,906 | +10.6% |
| Trade debts | 44 | €14,175 | €25,991 | +€11,816 | +83.4% |
| Suppliers | 440/4 | €14,175 | €25,991 | +€11,816 | +83.4% |
| Taxes, remuneration and social security | 45 | €194 | €337 | +€143 | +73.7% |
| Taxes | 450/3 | €194 | €337 | +€143 | +73.7% |
| Other amounts payable | 47/48 | €12,978 | €3,924 | -€9,053 | -69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €266 | +€266 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €453 | -€3,363 | -€3,817 | |
| Operating profit (loss) | 9901 | €69 | -€3,629 | -€3,698 | |
| Financial income | 75/76B | €193 | €1 | -€193 | -99.7% |
| Recurring financial income | 75 | €193 | €1 | -€193 | -99.7% |
| Financial charges | 65/66B | €9 | €233 | +€225 | +2568.8% |
| Recurring financial charges | 65 | €9 | €233 | +€225 | +2568.8% |
| Profit (loss) for the period before taxes | 9903 | €253 | -€3,862 | -€4,115 | |
| Income taxes | 67/77 | €194 | - | -€194 | |
| Profit (loss) for the period | 9904 | €59 | -€3,862 | -€3,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €59 | -€3,862 | -€3,921 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.