MA KINA: 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.
MA KINA
Largest movements
- Cash -€2,210
down €2,210 (-71.3%), from €3,101 to €891
mainly Net result for the year (-€8,349) and Accrued charges and deferred income (-€117)
- Receivables within one year -€1,756
down €1,756 (-92.6%), from €1,896 to €140
of which Trade receivables: -€1,355
- Tangible fixed assets -€1,299
down €1,299 (-21.9%), from €5,924 to €4,626
of which Furniture and vehicles: -€1,060
- Profit (loss) carried forward -€8,349
down €8,349 (-141%), from -€5,922 to -€14,271
- Other debts +€2,500
up €2,500 (+27.8%), from €8,983 to €11,483
- Tax, wage and social debts +€389
new in 2025: €389
- Trade debts +€193
up €193 (+62.0%), from €312 to €505
- Advances received +€119
new in 2025: €119
- Turnover -€10,868
down €10,868 (-64.2%), from €16,915 to €6,047
- Purchases and services -€7,118
down €7,118 (-37.7%), from €18,876 to €11,758
- Gross operating margin -€3,750
down €3,750 (-191%), from -€1,962 to -€5,711
- Write-downs -€786
no longer reported in 2025 (was €786)
- Other operating charges +€331
up €331 (+73.0%), from €454 to €785
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 | €11,558 | €6,294 | -€5,264 | -45.5% |
| Fixed assets | 21/28 | €6,004 | €4,706 | -€1,299 | -21.6% |
| Tangible fixed assets | 22/27 | €5,924 | €4,626 | -€1,299 | -21.9% |
| Plant, machinery and equipment | 23 | €668 | €429 | -€239 | -35.7% |
| Furniture and vehicles | 24 | €5,257 | €4,197 | -€1,060 | -20.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €5,553 | €1,588 | -€3,965 | -71.4% |
| Stocks and contracts in progress | 3 | €524 | €524 | = | 0.0% |
| Stocks | 30/36 | €524 | €524 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,896 | €140 | -€1,756 | -92.6% |
| Trade receivables | 40 | €1,355 | - | -€1,355 | |
| Other amounts receivable | 41 | €541 | €140 | -€401 | -74.2% |
| Cash at bank and in hand | 54/58 | €3,101 | €891 | -€2,210 | -71.3% |
| Deferred charges and accrued income | 490/1 | €33 | €33 | +€0 | +1.4% |
| Total equity and liabilities | 10/49 | €11,558 | €6,294 | -€5,264 | -45.5% |
| Equity | 10/15 | €2,138 | -€6,211 | -€8,349 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,922 | -€14,271 | -€8,349 | -141% |
| Amounts payable | 17/49 | €9,420 | €12,504 | +€3,084 | +32.7% |
| Amounts payable within one year | 42/48 | €9,295 | €12,496 | +€3,201 | +34.4% |
| Trade debts | 44 | €312 | €505 | +€193 | +62.0% |
| Suppliers | 440/4 | €312 | €505 | +€193 | +62.0% |
| Advances received on contracts in progress | 46 | - | €119 | +€119 | |
| Taxes, remuneration and social security | 45 | - | €389 | +€389 | |
| Taxes | 450/3 | - | €389 | +€389 | |
| Other amounts payable | 47/48 | €8,983 | €11,483 | +€2,500 | +27.8% |
| Accrued charges and deferred income | 492/3 | €125 | €8 | -€117 | -93.4% |
| Turnover | 70 | €16,915 | €6,047 | -€10,868 | -64.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,876 | €11,758 | -€7,118 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,299 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €786 | - | -€786 | |
| Other operating charges | 640/8 | €454 | €785 | +€331 | +73.0% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | -€1,962 | -€5,711 | -€3,750 | -191% |
| Operating profit (loss) | 9901 | -€4,499 | -€8,295 | -€3,795 | -84.4% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €59 | €54 | -€5 | -9.2% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,555 | -€8,349 | -€3,794 | -83.3% |
| Profit (loss) for the period | 9904 | -€4,555 | -€8,349 | -€3,794 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,555 | -€8,349 | -€3,794 | -83.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.