MCKiné: 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.
MCKiné
Largest movements
- Cash +€8,483
up €8,483 (+62.3%), from €13,607 to €22,089
mainly Other debts (+€8,509) and Depreciation (+€5,169)
- Tangible fixed assets -€4,193
down €4,193 (-38.2%), from €10,969 to €6,776
- Receivables within one year -€2,032
down €2,032 (-14.3%), from €14,168 to €12,136
of which Other amounts receivable: -€1,868
- Other debts +€8,509
up €8,509 (+2382.9%), from €357 to €8,866
- Reserves -€6,549
down €6,549 (-24.9%), from €26,318 to €19,769
of which Distributable reserves: -€6,549
- Trade debts +€595
up €595 (+124.0%), from €480 to €1,075
of which Bills of exchange payable: +€1,039
- Gross operating margin -€3,068
down €3,068 (-27.4%), from €11,213 to €8,144
- Other operating charges -€2,042
down €2,042 (-70.9%), from €2,878 to €836
- Depreciation +€1,223
up €1,223 (+31.0%), from €3,946 to €5,169
- Taxes -€528
down €528 (-26.2%), from €2,017 to €1,489
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 | €38,934 | €41,268 | +€2,334 | +6.0% |
| Fixed assets | 21/28 | €10,969 | €6,776 | -€4,193 | -38.2% |
| Tangible fixed assets | 22/27 | €10,969 | €6,776 | -€4,193 | -38.2% |
| Furniture and vehicles | 24 | €10,969 | €6,776 | -€4,193 | -38.2% |
| Current assets | 29/58 | €27,965 | €34,492 | +€6,527 | +23.3% |
| Amounts receivable within one year | 40/41 | €14,168 | €12,136 | -€2,032 | -14.3% |
| Trade receivables | 40 | €9,805 | €9,641 | -€164 | -1.7% |
| Other amounts receivable | 41 | €4,363 | €2,495 | -€1,868 | -42.8% |
| Cash at bank and in hand | 54/58 | €13,607 | €22,089 | +€8,483 | +62.3% |
| Deferred charges and accrued income | 490/1 | €190 | €267 | +€76 | +40.0% |
| Total equity and liabilities | 10/49 | €38,934 | €41,268 | +€2,334 | +6.0% |
| Equity | 10/15 | €37,876 | €31,328 | -€6,549 | -17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,318 | €19,769 | -€6,549 | -24.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,458 | €17,909 | -€6,549 | -26.8% |
| Profit (loss) carried forward | 14 | €5,359 | €5,359 | = | 0.0% |
| Amounts payable | 17/49 | €1,058 | €9,941 | +€8,883 | +839.4% |
| Amounts payable within one year | 42/48 | €1,058 | €9,941 | +€8,883 | +839.4% |
| Trade debts | 44 | €480 | €1,075 | +€595 | +124.0% |
| Suppliers | 440/4 | €480 | €36 | -€444 | -92.4% |
| Bills of exchange payable | 441 | - | €1,039 | +€1,039 | |
| Taxes, remuneration and social security | 45 | €221 | - | -€221 | |
| Taxes | 450/3 | €221 | - | -€221 | |
| Other amounts payable | 47/48 | €357 | €8,866 | +€8,509 | +2382.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,946 | €5,169 | +€1,223 | +31.0% |
| Other operating charges | 640/8 | €2,878 | €836 | -€2,042 | -70.9% |
| Gross operating margin | 9900 | €11,213 | €8,144 | -€3,068 | -27.4% |
| Operating profit (loss) | 9901 | €4,389 | €2,139 | -€2,250 | -51.3% |
| Financial charges | 65/66B | €161 | €125 | -€37 | -22.8% |
| Recurring financial charges | 65 | €161 | €125 | -€37 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €4,228 | €2,015 | -€2,213 | -52.3% |
| Income taxes | 67/77 | €2,017 | €1,489 | -€528 | -26.2% |
| Profit (loss) for the period | 9904 | €2,211 | €526 | -€1,685 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,211 | €526 | -€1,685 | -76.2% |
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 10 October 2026 via checked.be.