MK JNC: what changed
Two fiscal 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 JNC
Largest movements
- Cash +€4,460
up €4,460 (+14.5%), from €30,686 to €35,146
mainly Net result for the year (+€26,436) and Current portion of long-term debt (+€275)
- Reserves +€25,000
up €25,000 (+71.4%), from €35,000 to €60,000
- Debts after one year -€17,452
down €17,452 (-23.8%), from €73,331 to €55,879
- Tax, wage and social debts -€4,436
down €4,436 (-66.1%), from €6,708 to €2,272
- Financial income +€4,713
new in 2025: €4,713
- Gross operating margin -€1,792
down €1,792 (-5.0%), from €35,953 to €34,161
- Taxes +€367
up €367 (+3.6%), from €10,207 to €10,574
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 | €183,227 | €188,050 | +€4,823 | +2.6% |
| Fixed assets | 21/28 | €150,000 | €150,000 | = | 0.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €33,227 | €38,050 | +€4,823 | +14.5% |
| Amounts receivable within one year | 40/41 | €2,541 | €2,904 | +€363 | +14.3% |
| Trade receivables | 40 | €2,541 | €2,904 | +€363 | +14.3% |
| Cash at bank and in hand | 54/58 | €30,686 | €35,146 | +€4,460 | +14.5% |
| Total equity and liabilities | 10/49 | €183,227 | €188,050 | +€4,823 | +2.6% |
| Equity | 10/15 | €86,012 | €112,447 | +€26,436 | +30.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Distributable reserves | 133 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Profit (loss) carried forward | 14 | €11,012 | €12,447 | +€1,436 | +13.0% |
| Amounts payable | 17/49 | €97,215 | €75,603 | -€21,613 | -22.2% |
| Amounts payable after more than one year | 17 | €73,331 | €55,879 | -€17,452 | -23.8% |
| Financial debts | 170/4 | €73,331 | €55,879 | -€17,452 | -23.8% |
| Amounts payable within one year | 42/48 | €23,884 | €19,723 | -€4,161 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €17,177 | €17,452 | +€275 | +1.6% |
| Taxes, remuneration and social security | 45 | €6,708 | €2,272 | -€4,436 | -66.1% |
| Taxes | 450/3 | €6,708 | €2,272 | -€4,436 | -66.1% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €35,953 | €34,161 | -€1,792 | -5.0% |
| Operating profit (loss) | 9901 | €35,504 | €33,699 | -€1,804 | -5.1% |
| Financial income | 75/76B | - | €4,713 | +€4,713 | |
| Recurring financial income | 75 | - | €4,713 | +€4,713 | |
| Financial charges | 65/66B | €1,674 | €1,403 | -€271 | -16.2% |
| Recurring financial charges | 65 | €1,674 | €1,403 | -€271 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €33,830 | €37,010 | +€3,180 | +9.4% |
| Income taxes | 67/77 | €10,207 | €10,574 | +€367 | +3.6% |
| Profit (loss) for the period | 9904 | €23,622 | €26,436 | +€2,814 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,622 | €26,436 | +€2,814 | +11.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.