MMC Kiné: 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.
MMC Kiné
Largest movements
- Cash +€64,624
up €64,624 (+654%), from €9,882 to €74,506
mainly Receivables within one year (+€36,567) and Net result for the year (+€33,752)
- Receivables within one year -€36,567
down €36,567 (-99.1%), from €36,906 to €339
- Deferred charges and accrued income +€9,501
new in 2025: €9,501
- Tangible fixed assets -€8,333
down €8,333 (-35.7%), from €23,311 to €14,977
- Profit (loss) carried forward +€33,752
up €33,752 (+102%), from €33,062 to €66,814
- Debts after one year -€9,882
down €9,882 (-85.5%), from €11,561 to €1,679
- Current portion of long-term debt +€6,200
up €6,200 (+64.9%), from €9,560 to €15,761
- Trade debts -€4,071
down €4,071 (-79.6%), from €5,116 to €1,046
- Tax, wage and social debts +€2,382
up €2,382 (+28.7%), from €8,299 to €10,681
of which Remuneration and social security: +€2,000
- Gross operating margin +€10,833
up €10,833 (+25.3%), from €42,880 to €53,713
- Depreciation +€6,644
up €6,644 (+393%), from €1,690 to €8,333
- Taxes +€1,362
up €1,362 (+16.4%), from €8,299 to €9,661
- Other operating charges +€1,003
new in 2025: €1,003
- Financial charges +€903
up €903 (+1,492%), from €61 to €963
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 | €70,099 | €99,323 | +€29,225 | +41.7% |
| Fixed assets | 21/28 | €23,311 | €14,977 | -€8,333 | -35.7% |
| Tangible fixed assets | 22/27 | €23,311 | €14,977 | -€8,333 | -35.7% |
| Furniture and vehicles | 24 | €23,311 | €14,977 | -€8,333 | -35.7% |
| Current assets | 29/58 | €46,788 | €84,346 | +€37,558 | +80.3% |
| Amounts receivable within one year | 40/41 | €36,906 | €339 | -€36,567 | -99.1% |
| Other amounts receivable | 41 | €36,906 | €339 | -€36,567 | -99.1% |
| Cash at bank and in hand | 54/58 | €9,882 | €74,506 | +€64,624 | +654% |
| Deferred charges and accrued income | 490/1 | - | €9,501 | +€9,501 | |
| Total equity and liabilities | 10/49 | €70,099 | €99,323 | +€29,225 | +41.7% |
| Equity | 10/15 | €35,562 | €69,314 | +€33,752 | +94.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,062 | €66,814 | +€33,752 | +102% |
| Amounts payable | 17/49 | €34,537 | €30,009 | -€4,528 | -13.1% |
| Amounts payable after more than one year | 17 | €11,561 | €1,679 | -€9,882 | -85.5% |
| Financial debts | 170/4 | €11,561 | €1,679 | -€9,882 | -85.5% |
| Amounts payable within one year | 42/48 | €22,976 | €28,330 | +€5,355 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €9,560 | €15,761 | +€6,200 | +64.9% |
| Trade debts | 44 | €5,116 | €1,046 | -€4,071 | -79.6% |
| Suppliers | 440/4 | €5,116 | €1,046 | -€4,071 | -79.6% |
| Taxes, remuneration and social security | 45 | €8,299 | €10,681 | +€2,382 | +28.7% |
| Taxes | 450/3 | €8,299 | €8,681 | +€382 | +4.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €843 | +€843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,690 | €8,333 | +€6,644 | +393% |
| Other operating charges | 640/8 | - | €1,003 | +€1,003 | |
| Gross operating margin | 9900 | €42,880 | €53,713 | +€10,833 | +25.3% |
| Operating profit (loss) | 9901 | €41,190 | €44,376 | +€3,186 | +7.7% |
| Financial income | 75/76B | €231 | €0 | -€231 | -100% |
| Recurring financial income | 75 | €231 | €0 | -€231 | -100% |
| Financial charges | 65/66B | €61 | €963 | +€903 | +1,492% |
| Recurring financial charges | 65 | €61 | €963 | +€903 | +1,492% |
| Profit (loss) for the period before taxes | 9903 | €41,361 | €43,413 | +€2,052 | +5.0% |
| Income taxes | 67/77 | €8,299 | €9,661 | +€1,362 | +16.4% |
| Profit (loss) for the period | 9904 | €33,062 | €33,752 | +€690 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,062 | €33,752 | +€690 | +2.1% |
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 13 October 2026 via checked.be.