Mknives: 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.
Mknives
Largest movements
- Cash +€14,148
up €14,148 (+116.1%), from €12,191 to €26,340
mainly Other debts (+€9,652) and Tax, wage and social debts (+€8,256)
- Receivables within one year +€6,302
up €6,302 (+252.5%), from €2,496 to €8,798
of which Other amounts receivable: +€4,559
- Tangible fixed assets -€2,835
down €2,835 (-100.0%), from €2,835 to €0
of which Leasing and similar rights: -€2,391
- Other debts +€9,652
up €9,652 (+18.8%), from €51,365 to €61,017
- Tax, wage and social debts +€8,256
up €8,256 (+167.9%), from €4,917 to €13,173
- Current portion of long-term debt -€5,013
down €5,013 (-100.0%), from €5,013 to €0
- Trade debts +€3,078
up €3,078 (+113.3%), from €2,717 to €5,795
- Profit (loss) carried forward +€1,946
up €1,946 (+4.5%), from -€43,280 to -€41,334
- Gross operating margin +€3,781
up €3,781 (+111.2%), from €3,399 to €7,180
- Financial income +€1,943
up €1,943, from €0 to €1,943
- Depreciation -€1,288
down €1,288 (-31.2%), from €4,124 to €2,835
- Financial charges +€1,249
up €1,249 (+134.2%), from €931 to €2,180
- Taxes +€973
new in 2025: €973
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 | €22,814 | €40,652 | +€17,838 | +78.2% |
| Fixed assets | 21/28 | €2,835 | €0 | -€2,835 | -100.0% |
| Tangible fixed assets | 22/27 | €2,835 | €0 | -€2,835 | -100.0% |
| Land and buildings | 22 | €445 | €0 | -€445 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Leasing and similar rights | 25 | €2,391 | €0 | -€2,391 | -100.0% |
| Current assets | 29/58 | €19,978 | €40,652 | +€20,673 | +103.5% |
| Amounts receivable within one year | 40/41 | €2,496 | €8,798 | +€6,302 | +252.5% |
| Trade receivables | 40 | €1,564 | €3,307 | +€1,743 | +111.5% |
| Other amounts receivable | 41 | €932 | €5,491 | +€4,559 | +489.4% |
| Current investments | 50/53 | €5,291 | €5,291 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,191 | €26,340 | +€14,148 | +116.1% |
| Deferred charges and accrued income | 490/1 | - | €223 | +€223 | |
| Total equity and liabilities | 10/49 | €22,814 | €40,652 | +€17,838 | +78.2% |
| Equity | 10/15 | -€41,280 | -€39,334 | +€1,946 | +4.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,280 | -€41,334 | +€1,946 | +4.5% |
| Amounts payable | 17/49 | €64,094 | €79,986 | +€15,892 | +24.8% |
| Amounts payable after more than one year | 17 | €81 | €0 | -€81 | -100.0% |
| Other amounts payable | 178/9 | €81 | €0 | -€81 | -100.0% |
| Amounts payable within one year | 42/48 | €64,012 | €79,986 | +€15,973 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €5,013 | €0 | -€5,013 | -100.0% |
| Trade debts | 44 | €2,717 | €5,795 | +€3,078 | +113.3% |
| Suppliers | 440/4 | €2,717 | €5,795 | +€3,078 | +113.3% |
| Taxes, remuneration and social security | 45 | €4,917 | €13,173 | +€8,256 | +167.9% |
| Taxes | 450/3 | €4,917 | €13,173 | +€8,256 | +167.9% |
| Other amounts payable | 47/48 | €51,365 | €61,017 | +€9,652 | +18.8% |
| Remuneration, social security and pensions | 62 | €329 | €0 | -€329 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,124 | €2,835 | -€1,288 | -31.2% |
| Other operating charges | 640/8 | €2,087 | €1,189 | -€898 | -43.0% |
| Gross operating margin | 9900 | €3,399 | €7,180 | +€3,781 | +111.2% |
| Operating profit (loss) | 9901 | -€3,140 | €3,156 | +€6,296 | |
| Financial income | 75/76B | €0 | €1,943 | +€1,943 | |
| Recurring financial income | 75 | €0 | €1,943 | +€1,943 | |
| Financial charges | 65/66B | €931 | €2,180 | +€1,249 | +134.2% |
| Recurring financial charges | 65 | €931 | €2,180 | +€1,249 | +134.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,071 | €2,919 | +€6,990 | |
| Income taxes | 67/77 | - | €973 | +€973 | |
| Profit (loss) for the period | 9904 | -€4,071 | €1,946 | +€6,017 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,071 | €1,946 | +€6,017 |
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.