MK&HN: 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.
MK&HN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
No income-statement line moved by more than 1% of the activity.
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €19,836 | €19,836 | -€0 | 0.0% |
| Current assets | 29/58 | €19,836 | €19,836 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €13,629 | €13,629 | = | 0.0% |
| Other amounts receivable | 41 | €13,629 | €13,629 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,207 | €6,207 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €19,836 | €19,836 | -€0 | 0.0% |
| Equity | 10/15 | €19,836 | €19,836 | -€0 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164 | -€164 | -€0 | -0.1% |
| Gross operating margin | 9900 | - | €0 | = | |
| Operating profit (loss) | 9901 | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | - | €0 | = | |
| Profit (loss) for the period | 9904 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | - | €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 20 October 2026 via checked.be.