MUKO: 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.
MUKO
Largest movements
- Receivables within one year +€34,728
up €34,728 (+111.2%), from €31,237 to €65,965
of which Other amounts receivable: +€33,626
- Cash +€749
up €749 (+8920.6%), from €8 to €758
mainly Net result for the year (+€28,458) and Trade debts (+€5,453)
- Profit (loss) carried forward +€28,458
up €28,458 (+399.5%), from €7,124 to €35,582
- Trade debts +€5,453
up €5,453 (+57.7%), from €9,455 to €14,908
- Tax, wage and social debts +€1,543
up €1,543 (+9.9%), from €15,545 to €17,088
of which Taxes: +€6,799
- Purchases and services +€52,566
new in 2024: €52,566
- Gross operating margin +€24,086
up €24,086 (+37.9%), from €63,493 to €87,579
- Taxes +€5,174
up €5,174 (+98.0%), from €5,282 to €10,455
- Staff costs -€1,340
down €1,340 (-3.0%), from €44,312 to €42,972
- Depreciation +€998
up €998 (+102.3%), from €975 to €1,973
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,324 | €73,778 | +€35,454 | +92.5% |
| Fixed assets | 21/28 | €6,928 | €7,055 | +€127 | +1.8% |
| Tangible fixed assets | 22/27 | €6,928 | €7,055 | +€127 | +1.8% |
| Furniture and vehicles | 24 | €6,928 | €7,055 | +€127 | +1.8% |
| Current assets | 29/58 | €31,395 | €66,723 | +€35,327 | +112.5% |
| Amounts receivable within one year | 40/41 | €31,237 | €65,965 | +€34,728 | +111.2% |
| Trade receivables | 40 | €15,951 | €17,053 | +€1,101 | +6.9% |
| Other amounts receivable | 41 | €15,286 | €48,912 | +€33,626 | +220.0% |
| Cash at bank and in hand | 54/58 | €8 | €758 | +€749 | +8920.6% |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €38,324 | €73,778 | +€35,454 | +92.5% |
| Equity | 10/15 | €13,324 | €41,782 | +€28,458 | +213.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,124 | €35,582 | +€28,458 | +399.5% |
| Amounts payable | 17/49 | €25,000 | €31,996 | +€6,997 | +28.0% |
| Amounts payable within one year | 42/48 | €25,000 | €31,996 | +€6,997 | +28.0% |
| Trade debts | 44 | €9,455 | €14,908 | +€5,453 | +57.7% |
| Suppliers | 440/4 | €9,455 | €14,908 | +€5,453 | +57.7% |
| Taxes, remuneration and social security | 45 | €15,545 | €17,088 | +€1,543 | +9.9% |
| Taxes | 450/3 | €8,382 | €15,181 | +€6,799 | +81.1% |
| Remuneration and social security | 454/9 | €7,163 | €1,907 | -€5,256 | -73.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €52,566 | +€52,566 | |
| Remuneration, social security and pensions | 62 | €44,312 | €42,972 | -€1,340 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €1,973 | +€998 | +102.3% |
| Other operating charges | 640/8 | €1,908 | €1,181 | -€727 | -38.1% |
| Non-recurring operating charges | 66A | - | €2,120 | +€2,120 | |
| Gross operating margin | 9900 | €63,493 | €87,579 | +€24,086 | +37.9% |
| Operating profit (loss) | 9901 | €16,298 | €39,333 | +€23,036 | +141.3% |
| Financial income | 75/76B | €464 | - | -€464 | |
| Recurring financial income | 75 | €464 | - | -€464 | |
| Financial charges | 65/66B | €1,138 | €420 | -€717 | -63.1% |
| Recurring financial charges | 65 | €1,138 | €420 | -€717 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €15,625 | €38,913 | +€23,289 | +149.1% |
| Income taxes | 67/77 | €5,282 | €10,455 | +€5,174 | +98.0% |
| Profit (loss) for the period | 9904 | €10,343 | €28,458 | +€18,115 | +175.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,343 | €28,458 | +€18,115 | +175.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.