MIRKA KAPPI: 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.
MIRKA KAPPI
Largest movements
- Tangible fixed assets -€7,580
down €7,580 (-25.4%), from €29,825 to €22,245
- Receivables within one year -€5,542
down €5,542 (-26.5%), from €20,903 to €15,362
of which Trade receivables: -€4,039
- Cash +€5,475
up €5,475 (+29.7%), from €18,417 to €23,892
mainly Depreciation (+€8,449) and Receivables within one year (+€5,542)
- Trade debts -€8,305
down €8,305 (-51.4%), from €16,147 to €7,842
- Debts after one year -€5,751
down €5,751 (-25.0%), from €22,964 to €17,213
- Tax, wage and social debts +€4,946
up €4,946 (+364%), from €1,358 to €6,304
of which Taxes: +€3,946
- Profit (loss) carried forward +€3,316
up €3,316 (+51.5%), from €6,435 to €9,751
- Advances received -€2,236
no longer reported in 2025 (was €2,236)
- Gross operating margin +€17,424
up €17,424, from -€762 to €16,662
- Taxes +€2,989
up €2,989, from -€69 to €2,920
- Financial charges -€681
down €681 (-34.1%), from €2,000 to €1,318
- Depreciation -€571
down €571 (-6.3%), from €9,020 to €8,449
- Other operating charges +€457
up €457 (+153%), from €299 to €755
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 | €69,686 | €61,968 | -€7,718 | -11.1% |
| Fixed assets | 21/28 | €29,825 | €22,245 | -€7,580 | -25.4% |
| Tangible fixed assets | 22/27 | €29,825 | €22,245 | -€7,580 | -25.4% |
| Furniture and vehicles | 24 | €29,825 | €22,245 | -€7,580 | -25.4% |
| Current assets | 29/58 | €39,861 | €39,724 | -€137 | -0.3% |
| Amounts receivable within one year | 40/41 | €20,903 | €15,362 | -€5,542 | -26.5% |
| Trade receivables | 40 | €18,417 | €14,378 | -€4,039 | -21.9% |
| Other amounts receivable | 41 | €2,486 | €983 | -€1,502 | -60.4% |
| Cash at bank and in hand | 54/58 | €18,417 | €23,892 | +€5,475 | +29.7% |
| Deferred charges and accrued income | 490/1 | €541 | €470 | -€71 | -13.1% |
| Total equity and liabilities | 10/49 | €69,686 | €61,968 | -€7,718 | -11.1% |
| Equity | 10/15 | €21,481 | €24,798 | +€3,316 | +15.4% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €1,446 | €1,446 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,446 | €1,446 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,446 | €1,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,435 | €9,751 | +€3,316 | +51.5% |
| Amounts payable | 17/49 | €48,205 | €37,171 | -€11,034 | -22.9% |
| Amounts payable after more than one year | 17 | €22,964 | €17,213 | -€5,751 | -25.0% |
| Financial debts | 170/4 | €22,964 | €17,213 | -€5,751 | -25.0% |
| Amounts payable within one year | 42/48 | €25,241 | €19,897 | -€5,343 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €5,499 | €5,751 | +€252 | +4.6% |
| Trade debts | 44 | €16,147 | €7,842 | -€8,305 | -51.4% |
| Suppliers | 440/4 | €16,147 | €7,842 | -€8,305 | -51.4% |
| Advances received on contracts in progress | 46 | €2,236 | - | -€2,236 | |
| Taxes, remuneration and social security | 45 | €1,358 | €6,304 | +€4,946 | +364% |
| Taxes | 450/3 | €1,358 | €5,304 | +€3,946 | +291% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,020 | €8,449 | -€571 | -6.3% |
| Other operating charges | 640/8 | €299 | €755 | +€457 | +153% |
| Gross operating margin | 9900 | -€762 | €16,662 | +€17,424 | |
| Operating profit (loss) | 9901 | -€10,080 | €7,457 | +€17,538 | |
| Financial income | 75/76B | €167 | €97 | -€69 | -41.6% |
| Recurring financial income | 75 | €167 | €97 | -€69 | -41.6% |
| Financial charges | 65/66B | €2,000 | €1,318 | -€681 | -34.1% |
| Recurring financial charges | 65 | €2,000 | €1,318 | -€681 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,913 | €6,236 | +€18,150 | |
| Income taxes | 67/77 | -€69 | €2,920 | +€2,989 | |
| Profit (loss) for the period | 9904 | -€11,844 | €3,316 | +€15,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,844 | €3,316 | +€15,160 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.