MKK: 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.
MKK
Largest movements
- Cash -€14,115
down €14,115 (-17.6%), from €80,389 to €66,274
mainly Net result for the year (-€13,254) and Trade debts (-€867)
- Profit (loss) carried forward -€13,254
down €13,254 (-6.8%), from -€195,161 to -€208,415
- Gross operating margin -€18,896
down €18,896, from €2,699 to -€16,197
- Financial income -€351
down €351 (-8.9%), from €3,944 to €3,593
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 | €426,022 | €411,902 | -€14,121 | -3.3% |
| Current assets | 29/58 | €426,022 | €411,902 | -€14,121 | -3.3% |
| Stocks and contracts in progress | 3 | €110,000 | €110,000 | = | 0.0% |
| Stocks | 30/36 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,106 | €1,100 | -€6 | -0.5% |
| Other amounts receivable | 41 | €1,106 | €1,100 | -€6 | -0.5% |
| Current investments | 50/53 | €234,528 | €234,528 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,389 | €66,274 | -€14,115 | -17.6% |
| Total equity and liabilities | 10/49 | €426,022 | €411,902 | -€14,121 | -3.3% |
| Equity | 10/15 | €423,431 | €410,177 | -€13,254 | -3.1% |
| Contributions | 10/11 | €618,592 | €618,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€195,161 | -€208,415 | -€13,254 | -6.8% |
| Amounts payable | 17/49 | €2,591 | €1,725 | -€867 | -33.5% |
| Amounts payable within one year | 42/48 | €2,591 | €1,725 | -€867 | -33.5% |
| Trade debts | 44 | €2,591 | €1,725 | -€867 | -33.5% |
| Suppliers | 440/4 | €2,591 | €1,725 | -€867 | -33.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other operating charges | 640/8 | €595 | €610 | +€14 | +2.4% |
| Gross operating margin | 9900 | €2,699 | -€16,197 | -€18,896 | |
| Operating profit (loss) | 9901 | €2,104 | -€16,807 | -€18,910 | |
| Financial income | 75/76B | €3,944 | €3,593 | -€351 | -8.9% |
| Recurring financial income | 75 | €3,944 | €3,593 | -€351 | -8.9% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.4% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €6,004 | -€13,254 | -€19,258 | |
| Profit (loss) for the period | 9904 | €6,004 | -€13,254 | -€19,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,004 | -€13,254 | -€19,258 |
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 5 October 2026 via checked.be.