MUKANYA: 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.
MUKANYA
Largest movements
- Tangible fixed assets -€2,550
down €2,550 (-21.0%), from €12,141 to €9,592
of which Other tangible fixed assets: -€1,676
- Cash -€1,687
down €1,687 (-14.1%), from €12,002 to €10,315
mainly Net result for the year (-€9,162) and Receivables within one year (-€1,010)
- Receivables within one year +€1,010
up €1,010 (+149%), from €677 to €1,687
of which Trade receivables: +€1,230
- Receivables after one year -€675
down €675 (-3.1%), from €21,513 to €20,838
- Profit (loss) carried forward -€9,162
down €9,162 (-25.2%), from €36,379 to €27,217
- Other debts +€4,498
new in 2025: €4,498
- Trade debts +€762
up €762 (+40.2%), from €1,895 to €2,657
- Gross operating margin -€3,589
down €3,589 (-123%), from -€2,908 to -€6,497
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 | €46,334 | €42,432 | -€3,901 | -8.4% |
| Fixed assets | 21/28 | €12,141 | €9,592 | -€2,550 | -21.0% |
| Tangible fixed assets | 22/27 | €12,141 | €9,592 | -€2,550 | -21.0% |
| Furniture and vehicles | 24 | €1,747 | €874 | -€873 | -50.0% |
| Other tangible fixed assets | 26 | €10,395 | €8,718 | -€1,676 | -16.1% |
| Current assets | 29/58 | €34,192 | €32,840 | -€1,352 | -4.0% |
| Amounts receivable after more than one year | 29 | €21,513 | €20,838 | -€675 | -3.1% |
| Other amounts receivable | 291 | €21,513 | €20,838 | -€675 | -3.1% |
| Amounts receivable within one year | 40/41 | €677 | €1,687 | +€1,010 | +149% |
| Trade receivables | 40 | - | €1,230 | +€1,230 | |
| Other amounts receivable | 41 | €677 | €457 | -€220 | -32.5% |
| Cash at bank and in hand | 54/58 | €12,002 | €10,315 | -€1,687 | -14.1% |
| Total equity and liabilities | 10/49 | €46,334 | €42,432 | -€3,901 | -8.4% |
| Equity | 10/15 | €44,439 | €35,277 | -€9,162 | -20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,379 | €27,217 | -€9,162 | -25.2% |
| Amounts payable | 17/49 | €1,895 | €7,156 | +€5,261 | +278% |
| Amounts payable within one year | 42/48 | €1,895 | €7,156 | +€5,261 | +278% |
| Trade debts | 44 | €1,895 | €2,657 | +€762 | +40.2% |
| Suppliers | 440/4 | €1,895 | €2,657 | +€762 | +40.2% |
| Other amounts payable | 47/48 | - | €4,498 | +€4,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,550 | €2,550 | = | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€2,908 | -€6,497 | -€3,589 | -123% |
| Operating profit (loss) | 9901 | -€5,458 | -€9,047 | -€3,589 | -65.8% |
| Financial charges | 65/66B | €74 | €115 | +€42 | +57.0% |
| Recurring financial charges | 65 | €74 | €115 | +€42 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,531 | -€9,162 | -€3,631 | -65.7% |
| Profit (loss) for the period | 9904 | -€5,531 | -€9,162 | -€3,631 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,531 | -€9,162 | -€3,631 | -65.7% |
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 26 October 2026 via checked.be.