MÜKRA: 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.
MÜKRA
Largest movements
- Tangible fixed assets -€7,276
down €7,276 (-3.3%), from €217,991 to €210,715
- Cash +€6,516
new in 2025: €6,516
mainly Depreciation (+€7,276) and Accrued charges and deferred income (+€4,948)
- Debts after one year -€7,851
down €7,851 (-6.2%), from €127,188 to €119,338
- Accrued charges and deferred income +€4,948
up €4,948 (+185%), from €2,678 to €7,626
- Profit (loss) carried forward +€3,544
up €3,544 (+6.0%), from -€59,412 to -€55,868
- Gross operating margin +€8,638
up €8,638 (+100%), from €8,597 to €17,235
- Taxes +€1,304
up €1,304 (+551%), from €236 to €1,541
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 | €231,294 | €232,932 | +€1,637 | +0.7% |
| Fixed assets | 21/28 | €220,241 | €212,965 | -€7,276 | -3.3% |
| Tangible fixed assets | 22/27 | €217,991 | €210,715 | -€7,276 | -3.3% |
| Land and buildings | 22 | €217,991 | €210,715 | -€7,276 | -3.3% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €11,053 | €19,966 | +€8,914 | +80.6% |
| Amounts receivable within one year | 40/41 | €9,840 | €12,100 | +€2,260 | +23.0% |
| Trade receivables | 40 | €9,840 | €12,100 | +€2,260 | +23.0% |
| Cash at bank and in hand | 54/58 | - | €6,516 | +€6,516 | |
| Deferred charges and accrued income | 490/1 | €1,213 | €1,351 | +€138 | +11.4% |
| Total equity and liabilities | 10/49 | €231,294 | €232,932 | +€1,637 | +0.7% |
| Equity | 10/15 | €85,888 | €89,432 | +€3,544 | +4.1% |
| Contributions | 10/11 | €142,000 | €142,000 | = | 0.0% |
| Capital | 10 | €142,000 | €142,000 | = | 0.0% |
| Issued capital | 100 | €142,000 | €142,000 | = | 0.0% |
| Reserves | 13 | €3,300 | €3,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Legal reserve | 130 | €3,300 | €3,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,412 | -€55,868 | +€3,544 | +6.0% |
| Amounts payable | 17/49 | €145,407 | €143,500 | -€1,907 | -1.3% |
| Amounts payable after more than one year | 17 | €127,188 | €119,338 | -€7,851 | -6.2% |
| Financial debts | 170/4 | €127,188 | €119,338 | -€7,851 | -6.2% |
| Amounts payable within one year | 42/48 | €15,540 | €16,536 | +€996 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €7,696 | €7,851 | +€155 | +2.0% |
| Trade debts | 44 | €1,125 | €1,126 | +€2 | +0.1% |
| Suppliers | 440/4 | €1,125 | €1,126 | +€2 | +0.1% |
| Taxes, remuneration and social security | 45 | €6,719 | €7,559 | +€840 | +12.5% |
| Taxes | 450/3 | €5,219 | €7,559 | +€2,340 | +44.8% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Accrued charges and deferred income | 492/3 | €2,678 | €7,626 | +€4,948 | +185% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,276 | €7,276 | = | 0.0% |
| Other operating charges | 640/8 | €2,256 | €2,103 | -€153 | -6.8% |
| Gross operating margin | 9900 | €8,597 | €17,235 | +€8,638 | +100% |
| Operating profit (loss) | 9901 | -€935 | €7,856 | +€8,791 | |
| Financial charges | 65/66B | €2,872 | €2,771 | -€101 | -3.5% |
| Recurring financial charges | 65 | €2,872 | €2,771 | -€101 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,807 | €5,085 | +€8,892 | |
| Income taxes | 67/77 | €236 | €1,541 | +€1,304 | +551% |
| Profit (loss) for the period | 9904 | -€4,044 | €3,544 | +€7,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,044 | €3,544 | +€7,588 |
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 20 October 2026 via checked.be.