MYKKADO: 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.
MYKKADO
Largest movements
- Tangible fixed assets -€43,522
down €43,522 (-4.3%), from €1.0m to €957,555
of which Land and buildings: -€42,680
- Debts after one year -€54,968
down €54,968 (-6.7%), from €814,989 to €760,021
- Reserves +€13,963
up €13,963 (+171%), from €8,167 to €22,130
- Gross operating margin +€7,686
up €7,686 (+11.0%), from €70,023 to €77,709
- Depreciation -€1,750
down €1,750 (-3.9%), from €45,271 to €43,522
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 | €1,006,622 | €964,864 | -€41,758 | -4.1% |
| Fixed assets | 21/28 | €1,001,076 | €957,555 | -€43,522 | -4.3% |
| Tangible fixed assets | 22/27 | €1,001,076 | €957,555 | -€43,522 | -4.3% |
| Land and buildings | 22 | €996,538 | €953,858 | -€42,680 | -4.3% |
| Plant, machinery and equipment | 23 | €2,638 | €2,110 | -€528 | -20.0% |
| Furniture and vehicles | 24 | €1,900 | €1,586 | -€314 | -16.5% |
| Current assets | 29/58 | €5,545 | €7,309 | +€1,764 | +31.8% |
| Cash at bank and in hand | 54/58 | €5,545 | €7,309 | +€1,764 | +31.8% |
| Total equity and liabilities | 10/49 | €1,006,622 | €964,864 | -€41,758 | -4.1% |
| Equity | 10/15 | €48,167 | €62,130 | +€13,963 | +29.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €8,167 | €22,130 | +€13,963 | +171% |
| Distributable reserves | 133 | €8,167 | €22,130 | +€13,963 | +171% |
| Amounts payable | 17/49 | €958,454 | €902,734 | -€55,721 | -5.8% |
| Amounts payable after more than one year | 17 | €814,989 | €760,021 | -€54,968 | -6.7% |
| Financial debts | 170/4 | €814,989 | €760,021 | -€54,968 | -6.7% |
| Amounts payable within one year | 42/48 | €143,465 | €142,712 | -€753 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €54,221 | €54,968 | +€747 | +1.4% |
| Other amounts payable | 47/48 | €89,244 | €87,744 | -€1,500 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,271 | €43,522 | -€1,750 | -3.9% |
| Other operating charges | 640/8 | €8,120 | €8,488 | +€368 | +4.5% |
| Gross operating margin | 9900 | €70,023 | €77,709 | +€7,686 | +11.0% |
| Operating profit (loss) | 9901 | €16,632 | €25,699 | +€9,068 | +54.5% |
| Financial charges | 65/66B | €12,476 | €11,737 | -€739 | -5.9% |
| Recurring financial charges | 65 | €12,476 | €11,737 | -€739 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €4,156 | €13,963 | +€9,807 | +236% |
| Profit (loss) for the period | 9904 | €4,156 | €13,963 | +€9,807 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €4,156 | €13,963 | +€9,807 | +236% |
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 15 October 2026 via checked.be.