Mijnpark KMO: 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.
Mijnpark KMO
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+116%), from €986,862 to €2.1m
- Cash +€544,733
up €544,733 (+921%), from €59,136 to €603,869
mainly Trade debts (+€1.5m) and Debts after one year (+€1.2m)
- Receivables within one year +€82,989
up €82,989 (+11.3%), from €737,173 to €820,162
of which Other amounts receivable: +€42,159
- Trade debts +€1.5m
up €1.5m (+169%), from €899,359 to €2.4m
- Debts after one year +€1.2m
up €1.2m (+22,855%), from €5,088 to €1.2m
of which Financial debts: +€1.2m
- Tax, wage and social debts -€521,191
down €521,191 (-80.9%), from €643,869 to €122,679
- Advances received -€478,225
down €478,225 (-100%), from €478,225 to €0
- Gross operating margin -€762,381
down €762,381 (-84.6%), from €901,041 to €138,660
- Taxes -€193,524
down €193,524 (-93.0%), from €208,099 to €14,575
- Financial charges -€19,871
down €19,871 (-27.8%), from €71,575 to €51,704
- Depreciation +€13,034
up €13,034 (+71.9%), from €18,120 to €31,154
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 | €2,679,026 | €4,404,770 | +€1.7m | +64.4% |
| Fixed assets | 21/28 | €893,790 | €849,889 | -€43,900 | -4.9% |
| Tangible fixed assets | 22/27 | €893,790 | €849,889 | -€43,900 | -4.9% |
| Land and buildings | 22 | €893,790 | €849,889 | -€43,900 | -4.9% |
| Current assets | 29/58 | €1,785,236 | €3,554,881 | +€1.8m | +99.1% |
| Stocks and contracts in progress | 3 | €986,862 | €2,130,816 | +€1.1m | +116% |
| Stocks | 30/36 | €986,862 | €2,130,816 | +€1.1m | +116% |
| Amounts receivable within one year | 40/41 | €737,173 | €820,162 | +€82,989 | +11.3% |
| Trade receivables | 40 | €736,499 | €777,329 | +€40,830 | +5.5% |
| Other amounts receivable | 41 | €674 | €42,834 | +€42,159 | +6,252% |
| Cash at bank and in hand | 54/58 | €59,136 | €603,869 | +€544,733 | +921% |
| Deferred charges and accrued income | 490/1 | €2,065 | €33 | -€2,032 | -98.4% |
| Total equity and liabilities | 10/49 | €2,679,026 | €4,404,770 | +€1.7m | +64.4% |
| Equity | 10/15 | €650,127 | €690,167 | +€40,040 | +6.2% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €587,127 | €627,167 | +€40,040 | +6.8% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €580,827 | €620,867 | +€40,040 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,028,899 | €3,714,604 | +€1.7m | +83.1% |
| Amounts payable after more than one year | 17 | €5,088 | €1,167,933 | +€1.2m | +22,855% |
| Financial debts | 170/4 | €0 | €1,162,845 | +€1.2m | |
| Other amounts payable | 178/9 | €5,088 | €5,088 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,021,454 | €2,542,238 | +€520,784 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €899,359 | €2,419,559 | +€1.5m | +169% |
| Suppliers | 440/4 | €899,359 | €2,419,559 | +€1.5m | +169% |
| Advances received on contracts in progress | 46 | €478,225 | €0 | -€478,225 | -100% |
| Taxes, remuneration and social security | 45 | €643,869 | €122,679 | -€521,191 | -80.9% |
| Taxes | 450/3 | €643,869 | €122,679 | -€521,191 | -80.9% |
| Accrued charges and deferred income | 492/3 | €2,357 | €4,433 | +€2,076 | +88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,120 | €31,154 | +€13,034 | +71.9% |
| Other operating charges | 640/8 | €1,224 | €1,186 | -€38 | -3.1% |
| Gross operating margin | 9900 | €901,041 | €138,660 | -€762,381 | -84.6% |
| Operating profit (loss) | 9901 | €881,696 | €106,319 | -€775,377 | -87.9% |
| Financial charges | 65/66B | €71,575 | €51,704 | -€19,871 | -27.8% |
| Recurring financial charges | 65 | €71,575 | €51,704 | -€19,871 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €810,121 | €54,615 | -€755,506 | -93.3% |
| Income taxes | 67/77 | €208,099 | €14,575 | -€193,524 | -93.0% |
| Profit (loss) for the period | 9904 | €602,022 | €40,040 | -€561,982 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €602,022 | €40,040 | -€561,982 | -93.3% |
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 28 October 2026 via checked.be.