MP KIN: 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.
MP KIN
Largest movements
- Tangible fixed assets -€11,676
down €11,676 (-33.1%), from €35,256 to €23,581
of which Land and buildings: -€10,291
- Receivables within one year +€5,493
up €5,493 (+46.3%), from €11,858 to €17,351
of which Other amounts receivable: +€2,997
- Cash -€3,944
down €3,944 (-11.8%), from €33,484 to €29,540
mainly Net result for the year (-€9,841) and Receivables within one year (-€5,493)
- Profit (loss) carried forward -€9,841
down €9,841 (-502.1%), from -€1,960 to -€11,801
- Accrued charges and deferred income -€851
down €851 (-100.0%), from €851 to €0
- Tax, wage and social debts -€823
down €823 (-83.0%), from €991 to €168
- Gross operating margin -€24,024
down €24,024 (-83.7%), from €28,694 to €4,669
- Taxes -€2,823
down €2,823 (-94.4%), from €2,991 to €168
- Depreciation -€1,035
down €1,035 (-8.1%), from €12,717 to €11,683
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 | €81,873 | €71,098 | -€10,775 | -13.2% |
| Fixed assets | 21/28 | €35,256 | €23,581 | -€11,676 | -33.1% |
| Tangible fixed assets | 22/27 | €35,256 | €23,581 | -€11,676 | -33.1% |
| Land and buildings | 22 | €26,536 | €16,245 | -€10,291 | -38.8% |
| Plant, machinery and equipment | 23 | €2,577 | €6,884 | +€4,306 | +167.1% |
| Furniture and vehicles | 24 | €6,143 | €452 | -€5,691 | -92.6% |
| Current assets | 29/58 | €46,617 | €47,518 | +€900 | +1.9% |
| Amounts receivable within one year | 40/41 | €11,858 | €17,351 | +€5,493 | +46.3% |
| Trade receivables | 40 | €8,004 | €10,500 | +€2,496 | +31.2% |
| Other amounts receivable | 41 | €3,854 | €6,851 | +€2,997 | +77.8% |
| Cash at bank and in hand | 54/58 | €33,484 | €29,540 | -€3,944 | -11.8% |
| Deferred charges and accrued income | 490/1 | €1,275 | €627 | -€649 | -50.9% |
| Total equity and liabilities | 10/49 | €81,873 | €71,098 | -€10,775 | -13.2% |
| Equity | 10/15 | €79,540 | €69,699 | -€9,841 | -12.4% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €11,500 | €11,500 | = | 0.0% |
| Distributable reserves | 133 | €11,500 | €11,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,960 | -€11,801 | -€9,841 | -502.1% |
| Amounts payable | 17/49 | €2,333 | €1,399 | -€934 | -40.0% |
| Amounts payable within one year | 42/48 | €1,482 | €1,399 | -€83 | -5.6% |
| Trade debts | 44 | €158 | €133 | -€25 | -16.1% |
| Suppliers | 440/4 | €158 | €133 | -€25 | -16.1% |
| Taxes, remuneration and social security | 45 | €991 | €168 | -€823 | -83.0% |
| Taxes | 450/3 | €991 | €168 | -€823 | -83.0% |
| Other amounts payable | 47/48 | €333 | €1,098 | +€765 | +229.8% |
| Accrued charges and deferred income | 492/3 | €851 | €0 | -€851 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,717 | €11,683 | -€1,035 | -8.1% |
| Other operating charges | 640/8 | €2,450 | €2,593 | +€143 | +5.8% |
| Gross operating margin | 9900 | €28,694 | €4,669 | -€24,024 | -83.7% |
| Operating profit (loss) | 9901 | €13,526 | -€9,606 | -€23,133 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €187 | €66 | -€121 | -64.8% |
| Recurring financial charges | 65 | €187 | €66 | -€121 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €13,339 | -€9,672 | -€23,011 | |
| Income taxes | 67/77 | €2,991 | €168 | -€2,823 | -94.4% |
| Profit (loss) for the period | 9904 | €10,348 | -€9,841 | -€20,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,348 | -€9,841 | -€20,188 |
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.