MK TECHNICS
Dissolved and wound up on 06-03-2026Financials · financial year 2026, micro format
Annual accounts 2026 filed on 01-04-2026 PDF all 15 filings
Equity
€203,093▼ 0.6%
2025 · €204,392
Total assets
€228,651▼ 19.2%
2025 · €283,127
Net result
-€1,299▲ 97.1%
2025 · -€44,421
Working capital
€197,529▼ 0.7%
2025 · €198,828
Multi-year overview
2018 to 2026, 9 financial yearsOperating result
-€1,271
▲ 96.6%
2026
20182026
Net result
-€1,299
▲ 97.1%
2026
20182026
Equity
€203,093
▼ 0.6%
2026
20182026
Total assets
€228,651
▼ 19.2%
2026
20182026
Debt
€25,558
▼ 67.5%
2026
20182026
Working capital
€197,529
▼ 0.7%
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€28,228-€109,119▲ 287%€58,699▼ 46.2%€67,675▲ 15.3%€6,203▼ 90.8%€75,856▲ 12×€3,221▼ 95.8%-€36,861-€1,271▲ 96.6%
Net result€19,641-€80,292▲ 309%€41,318▼ 48.5%€50,515▲ 22.3%€3,846▼ 92.4%€56,094▲ 15×-€2,682-€44,421▼ 1,556%-€1,299▲ 97.1%
Equity€74,483-€147,775▲ 98.4%€189,093▲ 28.0%€233,609▲ 23.5%€237,455▲ 1.6%€293,549▲ 23.6%€248,812▼ 15.2%€204,392▼ 17.9%€203,093▼ 0.6%
Total assets€131,595-€203,294▲ 54.5%€261,660▲ 28.7%€301,931▲ 15.4%€287,405▼ 4.8%€494,661▲ 72.1%€456,087▼ 7.8%€283,127▼ 37.9%€228,651▼ 19.2%
Debt€57,112-€55,519▼ 2.8%€72,567▲ 30.7%€68,322▼ 5.8%€49,950▼ 26.9%€201,113▲ 303%€207,274▲ 3.1%€78,736▼ 62.0%€25,558▼ 67.5%
Working capital€52,424-€129,300▲ 147%€167,706▲ 29.7%€216,591▲ 29.1%€209,181▼ 3.4%€127,539▼ 39.0%€88,707▼ 30.4%€198,828▲ 124%€197,529▼ 0.7%
The operating result for 2026 is a loss of €1,271, smaller than the loss of €36,861 in 2025.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €228,651
Fixed assets
€5,564 =
Current assets
€223,087 ▼ 19.6%
Equity and liabilities €228,651
Equity
€203,093 ▼ 0.6%
Debt
€25,558 ▼ 67.5%
Debt's share of the balance-sheet total falls from 27.8% to 11.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,271▲
2025 · -€32,532
Cash flow
-€1,299▲
2025 · -€40,092
Current ratio
8.73▲
2025 · 3.53
Quick ratio
8.30▲
2025 · 3.39
Debt to equity
0.13▼
2025 · 0.39
ROE
-0.6%▲
2025 · -21.7%
ROA
-0.6%▲
2025 · -15.7%
Interest coverage
-46.71▼
2025 · -4.28
Debt ≤ 1 year
€25,558▼
2025 · €78,736
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2022 | 2023 | 2024 | 2025 | 06-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,463 | €300,636 | €3,484 | - | - |
| Financial fixed assets | €3,500 | - | - | €0 | - |
| Depreciation and write-downs of the year | €7,962 | €15,560 | €28,665 | €4,329 | €0 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €60 awarded · €60 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,407 | €0 | - | - | €6,322 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,304 | €15,842 | €10,039 | €5,942 | €7,962 | €15,560 | €28,665 | €4,329 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€3,008 | €0 | €7,422 | -€7,422 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €4,351 | €1,647 | €5,619 | €1,907 | €4,484 | €988 | ▼ 78.0% |
| Non-recurring operating charges66A | - | - | - | - | €252 | €0 | - | €11,324 | €0 | ▼ 100% |
| Gross operating margin9900 | €52,835 | €127,138 | €71,424 | €74,960 | €16,064 | €104,457 | €26,371 | -€16,724 | -€284 | ▲ 98.3% |
| Operating profit (loss)9901 | €28,228 | €109,119 | €58,699 | €67,675 | €6,203 | €75,856 | €3,221 | -€36,861 | -€1,271 | ▲ 96.6% |
| Financial income75/76B | - | - | - | €393 | €269 | €235 | €126 | €40 | €0 | ▼ 100% |
| Recurring financial income75 | €431 | €543 | €411 | €393 | €269 | €235 | €126 | €40 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €1,854 | €1,814 | €3,283 | €5,892 | €7,600 | €27 | ▼ 99.6% |
| Recurring financial charges65 | €997 | €1,559 | €1,537 | €1,854 | €1,814 | €3,283 | €5,892 | €7,600 | €27 | ▼ 99.6% |
| Profit (loss) for the period before taxes9903 | €27,662 | €108,104 | €57,573 | €66,214 | €4,658 | €72,808 | -€2,545 | -€44,421 | -€1,299 | ▲ 97.1% |
| Income taxes67/77 | €8,021 | €27,812 | €16,255 | €15,699 | €812 | €16,713 | €137 | €0 | - | - |
| Profit (loss) for the period9904 | €19,641 | €80,292 | €41,318 | €50,515 | €3,846 | €56,094 | -€2,682 | -€44,421 | -€1,299 | ▲ 97.1% |
| Profit (loss) for the period to be appropriated9905 | €19,641 | €80,292 | €41,318 | €50,515 | €3,846 | €56,094 | -€2,682 | -€44,421 | -€1,299 | ▲ 97.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €131,595 | €203,294 | €261,660 | €301,931 | €287,405 | €494,661 | €456,087 | €283,127 | €228,651 | ▼ 19.2% |
| Fixed assets21/28 | €42,372 | €29,385 | €22,963 | €18,199 | €29,448 | €307,500 | €282,320 | €5,564 | €5,564 | = |
| Tangible fixed assets22/27 | €42,372 | €29,385 | €22,963 | €18,199 | €25,948 | €304,000 | €278,820 | €5,564 | €5,564 | = |
| Land and buildings22 | - | - | - | - | - | €238,480 | €227,320 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €7,468 | €13,361 | €10,487 | €9,798 | €5,009 | €5,009 | = |
| Furniture and vehicles24 | - | - | - | €8,666 | €10,743 | €53,412 | €40,303 | €555 | €555 | = |
| Other tangible fixed assets26 | - | - | - | €2,066 | €1,843 | €1,621 | €1,398 | €0 | - | - |
| Financial fixed assets28 | - | - | - | - | €3,500 | €3,500 | €3,500 | €0 | - | - |
| Current assets29/58 | €89,223 | €173,909 | €238,697 | €283,731 | €257,957 | €187,162 | €173,767 | €277,563 | €223,087 | ▼ 19.6% |
| Stocks and contracts in progress3 | €12,501 | €5,235 | €5,833 | €16,077 | €19,293 | €14,220 | €26,094 | €11,026 | €11,026 | = |
| Stocks30/36 | - | - | - | €16,077 | €19,293 | €14,220 | €26,094 | €11,026 | €11,026 | = |
| Amounts receivable within one year40/41 | €49,800 | €49,637 | €67,082 | €99,198 | €54,635 | €89,170 | €29,585 | €16,018 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €69,254 | €37,141 | €21,361 | €12,498 | €1,155 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €29,944 | €17,494 | €67,809 | €17,087 | €14,863 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €26,030 | €114,181 | €160,208 | €166,405 | €174,383 | €80,768 | €113,905 | €250,520 | €212,061 | ▼ 15.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2,052 | €9,646 | €3,004 | €4,184 | €0 | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €131,595 | €203,294 | €261,660 | €301,931 | €287,405 | €494,661 | €456,087 | €283,127 | €228,651 | ▼ 19.2% |
| Equity10/15 | €74,483 | €147,775 | €189,093 | €233,609 | €237,455 | €293,549 | €248,812 | €204,392 | €203,093 | ▼ 0.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €55,883 | €129,175 | €170,493 | €215,009 | €218,855 | €274,949 | €230,212 | €219,066 | €219,066 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €213,149 | €216,995 | €274,949 | €230,212 | €219,066 | €219,066 | = |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - | €0 | -€33,275 | -€34,573 | ▼ 3.9% |
| Amounts payable17/49 | €57,112 | €55,519 | €72,567 | €68,322 | €49,950 | €201,113 | €207,274 | €78,736 | €25,558 | ▼ 67.5% |
| Amounts payable after more than one year17 | €19,557 | €9,882 | €714 | - | - | €140,058 | €122,214 | €0 | - | - |
| Financial debts170/4 | - | - | - | - | - | €140,058 | €122,214 | €0 | - | - |
| Amounts payable within one year42/48 | €36,799 | €44,608 | €70,991 | €67,141 | €48,776 | €59,622 | €85,060 | €78,736 | €25,558 | ▼ 67.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €714 | €0 | €16,314 | €17,844 | €0 | - | - |
| Trade debts44 | €11,390 | €10,449 | €17,880 | €18,147 | €7,881 | €6,365 | €2,217 | €5,590 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €18,147 | €7,881 | €6,365 | €2,217 | €5,590 | €0 | ▼ 100% |
| Advances received on contracts in progress46 | - | - | - | €64 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €2,006 | €699 | €5,355 | €2,524 | €47,391 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €506 | €699 | €5,355 | €2,524 | €47,391 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €1,500 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €46,209 | €40,196 | €31,589 | €62,475 | €25,754 | €25,558 | ▼ 0.8% |
| Accrued charges and deferred income492/3 | - | - | - | €1,181 | €1,174 | €1,432 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,641 | €80,292 | €41,318 | €50,515 | €3,846 | €56,094 | -€2,682 | -€44,421 | -€1,299 | ▲ 97.1% |
| + Depreciation and write-downs630 | €21,304 | €15,842 | €10,039 | €5,942 | €7,962 | €15,560 | €28,665 | €4,329 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €40,946 | €96,134 | €51,357 | €56,457 | €11,808 | €71,655 | €25,983 | -€40,092 | -€1,299 | ▲ 96.8% |
| Investment in fixed assets (approximation) | - | -€2,855 | -€3,617 | -€1,178 | -€19,211 | -€293,612 | -€3,484 | €272,427 | €0 | ▼ 100% |
| Change in cash | - | €88,151 | €46,027 | €6,196 | €7,979 | -€93,616 | €33,137 | €136,615 | -€38,458 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 06-03-2026 | micro format | 01-04-2026 | 2026-00069257 | |
| 31-12-2025 | micro format | 06-03-2026 | 2026-00049607 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00168906 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00170572 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00180153 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20123786 | |
| 31-12-2020 | micro format | 07-06-2021 | 2021-17400384 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-21500016 | |
| 31-12-2018 | micro format | 08-07-2019 | 2019-29400371 | |
| 31-12-2017 | micro format | 06-08-2018 | 2018-43100382 |