MNFT: 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.
MNFT
Largest movements
- Cash -€2,185
down €2,185 (-93.7%), from €2,332 to €147
mainly Net result for the year (-€1,757) and Tax, wage and social debts (-€767)
- Formation expenses -€204
no longer reported in 2025 (was €204)
- Intangible fixed assets -€100
down €100 (-25.7%), from €389 to €289
- Profit (loss) carried forward -€1,757
down €1,757 (-95.7%), from €1,837 to €80
- Tax, wage and social debts -€767
down €767 (-80.8%), from €949 to €182
- Gross operating margin -€2,332
down €2,332, from €1,090 to -€1,243
- Other operating charges -€776
down €776 (-92.8%), from €836 to €60
- Depreciation -€498
down €498 (-62.1%), from €803 to €304
- Financial charges +€49
up €49 (+48.2%), from €101 to €150
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 | €5,786 | €3,297 | -€2,489 | -43.0% |
| Formation expenses | 20 | €204 | - | -€204 | |
| Fixed assets | 21/28 | €389 | €289 | -€100 | -25.7% |
| Intangible fixed assets | 21 | €389 | €289 | -€100 | -25.7% |
| Current assets | 29/58 | €5,193 | €3,008 | -€2,184 | -42.1% |
| Amounts receivable within one year | 40/41 | €2,861 | €2,861 | +€0 | 0.0% |
| Trade receivables | 40 | €2,107 | €2,136 | +€29 | +1.4% |
| Other amounts receivable | 41 | €754 | €725 | -€29 | -3.8% |
| Cash at bank and in hand | 54/58 | €2,332 | €147 | -€2,185 | -93.7% |
| Total equity and liabilities | 10/49 | €5,786 | €3,297 | -€2,489 | -43.0% |
| Equity | 10/15 | €4,837 | €3,080 | -€1,757 | -36.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,837 | €80 | -€1,757 | -95.7% |
| Amounts payable | 17/49 | €949 | €218 | -€732 | -77.1% |
| Amounts payable within one year | 42/48 | €949 | €218 | -€732 | -77.1% |
| Taxes, remuneration and social security | 45 | €949 | €182 | -€767 | -80.8% |
| Taxes | 450/3 | €949 | €182 | -€767 | -80.8% |
| Other amounts payable | 47/48 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803 | €304 | -€498 | -62.1% |
| Other operating charges | 640/8 | €836 | €60 | -€776 | -92.8% |
| Gross operating margin | 9900 | €1,090 | -€1,243 | -€2,332 | |
| Operating profit (loss) | 9901 | -€549 | -€1,607 | -€1,059 | -193% |
| Financial charges | 65/66B | €101 | €150 | +€49 | +48.2% |
| Recurring financial charges | 65 | €101 | €150 | +€49 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | -€650 | -€1,757 | -€1,108 | -170% |
| Profit (loss) for the period | 9904 | -€650 | -€1,757 | -€1,108 | -170% |
| Profit (loss) for the period to be appropriated | 9905 | -€650 | -€1,757 | -€1,108 | -170% |
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 14 October 2026 via checked.be.