Skip to content

BUSINESS DEVELOPMENT MKW: 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.

What changed

BUSINESS DEVELOPMENT MKW

BE 0747.563.360
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€450
2024 · -€49-€401
Equity
-€938
2024 · -€488-€450
Cash
€1
2024 · €977-€976
Balance sheet total
€621
2024 · €1,597-€976

Largest movements

2024 to 2025
Assets
  • Cash -€976

    down €976 (-99.9%), from €977 to €1

    mainly Trade debts (-€526) and Net result for the year (-€450)

Equity and liabilities
  • Trade debts -€526

    down €526 (-62.9%), from €837 to €310

  • Profit (loss) carried forward -€450

    down €450 (-2.2%), from -€20,488 to -€20,938

Income statement
  • Gross operating margin -€400

    down €400, from €0 to -€400

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€49
Gross operating margin -€400
Financial charges -€2
Result 2025 -€450
lowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€976
Investment €0
Financing €0
Cash 2024 €977
Net result for the year -€450
Trade debts -€526
Cash 2025 €1
takes cash out
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,597 €621 -€976 -61.1%
Current assets 29/58 €1,597 €621 -€976 -61.1%
Amounts receivable within one year 40/41 €620 €620 = 0.0%
Other amounts receivable 41 €620 €620 = 0.0%
Cash at bank and in hand 54/58 €977 €1 -€976 -99.9%
Total equity and liabilities 10/49 €1,597 €621 -€976 -61.1%
Equity 10/15 -€488 -€938 -€450 -92.2%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€20,488 -€20,938 -€450 -2.2%
Amounts payable 17/49 €2,085 €1,559 -€526 -25.2%
Amounts payable within one year 42/48 €2,085 €1,559 -€526 -25.2%
Trade debts 44 €837 €310 -€526 -62.9%
Suppliers 440/4 €837 €310 -€526 -62.9%
Taxes, remuneration and social security 45 €248 €248 = 0.0%
Taxes 450/3 €248 €248 = 0.0%
Other amounts payable 47/48 €1,000 €1,000 = 0.0%
Gross operating margin 9900 €0 -€400 -€400
Operating profit (loss) 9901 €0 -€400 -€400
Financial charges 65/66B €49 €50 +€2 +3.1%
Recurring financial charges 65 €49 €50 +€2 +3.1%
Profit (loss) for the period before taxes 9903 -€49 -€450 -€401 -827%
Profit (loss) for the period 9904 -€49 -€450 -€401 -827%
Profit (loss) for the period to be appropriated 9905 -€49 -€450 -€401 -827%

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 17 October 2026 via checked.be.