MB KINE: 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.
MB KINE
Largest movements
- Tangible fixed assets -€6,843
down €6,843 (-78.9%), from €8,667 to €1,825
of which Land and buildings: -€4,694
- Receivables within one year -€6,368
down €6,368 (-24.0%), from €26,546 to €20,178
- Deferred charges and accrued income +€481
up €481 (+47.4%), from €1,014 to €1,495
- Current portion of long-term debt -€13,542
down €13,542 (-63.4%), from €21,362 to €7,821
- Debts after one year -€7,821
no longer reported in 2025 (was €7,821)
- Tax, wage and social debts +€7,770
up €7,770 (+130%), from €6,000 to €13,770
- Profit (loss) carried forward +€1,153
up €1,153 (+28.9%), from €3,988 to €5,141
- Gross operating margin +€10,148
up €10,148 (+39.0%), from €25,992 to €36,140
- Taxes +€3,735
up €3,735 (+92.6%), from €4,035 to €7,770
- Other operating charges -€478
down €478 (-54.4%), from €877 to €400
- Financial income -€443
down €443 (-24.2%), from €1,829 to €1,387
- Financial charges -€378
down €378 (-21.7%), from €1,738 to €1,361
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 | €42,230 | €29,710 | -€12,520 | -29.6% |
| Fixed assets | 21/28 | €8,667 | €1,825 | -€6,843 | -78.9% |
| Tangible fixed assets | 22/27 | €8,667 | €1,825 | -€6,843 | -78.9% |
| Land and buildings | 22 | €4,694 | - | -€4,694 | |
| Other tangible fixed assets | 26 | €3,973 | €1,825 | -€2,148 | -54.1% |
| Current assets | 29/58 | €33,563 | €27,885 | -€5,678 | -16.9% |
| Amounts receivable within one year | 40/41 | €26,546 | €20,178 | -€6,368 | -24.0% |
| Other amounts receivable | 41 | €26,546 | €20,178 | -€6,368 | -24.0% |
| Cash at bank and in hand | 54/58 | €6,003 | €6,213 | +€210 | +3.5% |
| Deferred charges and accrued income | 490/1 | €1,014 | €1,495 | +€481 | +47.4% |
| Total equity and liabilities | 10/49 | €42,230 | €29,710 | -€12,520 | -29.6% |
| Equity | 10/15 | €4,988 | €6,141 | +€1,153 | +23.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,988 | €5,141 | +€1,153 | +28.9% |
| Amounts payable | 17/49 | €37,242 | €23,569 | -€13,673 | -36.7% |
| Amounts payable after more than one year | 17 | €7,821 | - | -€7,821 | |
| Financial debts | 170/4 | €7,821 | - | -€7,821 | |
| Amounts payable within one year | 42/48 | €29,422 | €23,569 | -€5,853 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €21,362 | €7,821 | -€13,542 | -63.4% |
| Financial debts | 43 | €21 | - | -€21 | |
| Credit institutions | 430/8 | €21 | - | -€21 | |
| Trade debts | 44 | €2,038 | €1,978 | -€60 | -3.0% |
| Suppliers | 440/4 | €2,038 | €1,978 | -€60 | -3.0% |
| Taxes, remuneration and social security | 45 | €6,000 | €13,770 | +€7,770 | +130% |
| Taxes | 450/3 | €6,000 | €13,770 | +€7,770 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,879 | €6,843 | -€36 | -0.5% |
| Other operating charges | 640/8 | €877 | €400 | -€478 | -54.4% |
| Gross operating margin | 9900 | €25,992 | €36,140 | +€10,148 | +39.0% |
| Operating profit (loss) | 9901 | €18,236 | €28,898 | +€10,662 | +58.5% |
| Financial income | 75/76B | €1,829 | €1,387 | -€443 | -24.2% |
| Recurring financial income | 75 | €1,829 | €1,387 | -€443 | -24.2% |
| Financial charges | 65/66B | €1,738 | €1,361 | -€378 | -21.7% |
| Recurring financial charges | 65 | €1,738 | €1,361 | -€378 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €18,327 | €28,924 | +€10,597 | +57.8% |
| Income taxes | 67/77 | €4,035 | €7,770 | +€3,735 | +92.6% |
| Profit (loss) for the period | 9904 | €14,291 | €21,153 | +€6,862 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,291 | €21,153 | +€6,862 | +48.0% |
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 19 October 2026 via checked.be.