MYKENE: 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.
MYKENE
Largest movements
- Cash -€17,439
down €17,439 (-75.0%), from €23,253 to €5,814
mainly Tax, wage and social debts (-€50,143) and Investment in fixed assets (net) (-€22,471)
- Receivables within one year -€9,532
down €9,532 (-71.6%), from €13,319 to €3,787
of which Trade receivables: -€9,524
- Tangible fixed assets +€8,318
up €8,318 (+16.5%), from €50,436 to €58,754
of which Plant, machinery and equipment: +€14,689
- Stocks and contracts -€3,010
down €3,010 (-10.5%), from €28,536 to €25,526
- Deferred charges and accrued income +€1,437
up €1,437 (+18.8%), from €7,640 to €9,077
- Tax, wage and social debts -€50,143
down €50,143 (-29.2%), from €171,680 to €121,537
of which Remuneration and social security: -€40,939
- Other debts +€17,223
up €17,223 (+258%), from €6,679 to €23,901
- Profit (loss) carried forward +€9,045
up €9,045 (+3.3%), from -€277,228 to -€268,184
- Short-term financial debts +€4,426
up €4,426 (+57.2%), from €7,740 to €12,166
- Current portion of long-term debt -€1,264
down €1,264 (-24.3%), from €5,204 to €3,940
- Gross operating margin -€117,022
down €117,022 (-13.8%), from €850,588 to €733,565
- Staff costs -€84,316
down €84,316 (-11.0%), from €767,943 to €683,627
- Depreciation -€11,557
down €11,557 (-44.3%), from €26,105 to €14,548
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 | €124,027 | €103,407 | -€20,620 | -16.6% |
| Fixed assets | 21/28 | €51,280 | €59,204 | +€7,924 | +15.5% |
| Tangible fixed assets | 22/27 | €50,436 | €58,754 | +€8,318 | +16.5% |
| Plant, machinery and equipment | 23 | €29,069 | €43,758 | +€14,689 | +50.5% |
| Furniture and vehicles | 24 | €6,147 | €4,318 | -€1,829 | -29.8% |
| Other tangible fixed assets | 26 | €15,219 | €10,678 | -€4,541 | -29.8% |
| Financial fixed assets | 28 | €844 | €450 | -€394 | -46.7% |
| Current assets | 29/58 | €72,748 | €44,203 | -€28,544 | -39.2% |
| Stocks and contracts in progress | 3 | €28,536 | €25,526 | -€3,010 | -10.5% |
| Stocks | 30/36 | €28,536 | €25,526 | -€3,010 | -10.5% |
| Amounts receivable within one year | 40/41 | €13,319 | €3,787 | -€9,532 | -71.6% |
| Trade receivables | 40 | €13,311 | €3,787 | -€9,524 | -71.6% |
| Other amounts receivable | 41 | €8 | €0 | -€8 | -100% |
| Cash at bank and in hand | 54/58 | €23,253 | €5,814 | -€17,439 | -75.0% |
| Deferred charges and accrued income | 490/1 | €7,640 | €9,077 | +€1,437 | +18.8% |
| Total equity and liabilities | 10/49 | €124,027 | €103,407 | -€20,620 | -16.6% |
| Equity | 10/15 | -€206,362 | -€197,317 | +€9,045 | +4.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,866 | €8,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,666 | €2,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€277,228 | -€268,184 | +€9,045 | +3.3% |
| Amounts payable | 17/49 | €330,389 | €300,724 | -€29,665 | -9.0% |
| Amounts payable within one year | 42/48 | €329,527 | €300,503 | -€29,024 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €5,204 | €3,940 | -€1,264 | -24.3% |
| Financial debts | 43 | €7,740 | €12,166 | +€4,426 | +57.2% |
| Credit institutions | 430/8 | €7,740 | €12,166 | +€4,426 | +57.2% |
| Trade debts | 44 | €137,725 | €138,959 | +€1,234 | +0.9% |
| Suppliers | 440/4 | €137,725 | €138,959 | +€1,234 | +0.9% |
| Advances received on contracts in progress | 46 | €500 | €0 | -€500 | -100% |
| Taxes, remuneration and social security | 45 | €171,680 | €121,537 | -€50,143 | -29.2% |
| Taxes | 450/3 | €26,359 | €17,154 | -€9,205 | -34.9% |
| Remuneration and social security | 454/9 | €145,321 | €104,382 | -€40,939 | -28.2% |
| Other amounts payable | 47/48 | €6,679 | €23,901 | +€17,223 | +258% |
| Accrued charges and deferred income | 492/3 | €863 | €221 | -€641 | -74.3% |
| Remuneration, social security and pensions | 62 | €767,943 | €683,627 | -€84,316 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,105 | €14,548 | -€11,557 | -44.3% |
| Other operating charges | 640/8 | €5,819 | €11,282 | +€5,462 | +93.9% |
| Non-recurring operating charges | 66A | - | €219 | +€219 | |
| Gross operating margin | 9900 | €850,588 | €733,565 | -€117,022 | -13.8% |
| Operating profit (loss) | 9901 | €50,721 | €23,890 | -€26,831 | -52.9% |
| Financial income | 75/76B | €546 | €1,542 | +€996 | +182% |
| Recurring financial income | 75 | €546 | €1,542 | +€996 | +182% |
| Financial charges | 65/66B | €15,363 | €15,674 | +€311 | +2.0% |
| Recurring financial charges | 65 | €15,363 | €15,674 | +€311 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €35,904 | €9,758 | -€26,146 | -72.8% |
| Income taxes | 67/77 | €677 | €713 | +€36 | +5.4% |
| Profit (loss) for the period | 9904 | €35,227 | €9,045 | -€26,182 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,227 | €9,045 | -€26,182 | -74.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.