M.C.K.: what changed
Two fiscal 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.
M.C.K.
Largest movements
- Current assets -€15,614
down €15,614 (-20.4%), from €76,717 to €61,104
of which Cash: -€10,777
- Tangible fixed assets +€3,282
up €3,282 (+1467.0%), from €224 to €3,505
of which Furniture and vehicles: +€3,224
- Debts within one year -€32,091
down €32,091 (-51.5%), from €62,363 to €30,272
of which Trade debts: -€27,238
- Profit (loss) carried forward +€19,909
up €19,909, from -€5,874 to €14,036
- Taxes -€2,997
no longer reported in 2024 (was €2,997)
- Gross operating margin +€875
up €875 (+142.3%), from €615 to €1,490
- Staff costs +€458
new in 2024: €458
- Financial charges +€196
new in 2024: €196
- Other operating charges +€93
new in 2024: €93
From the 2019 result to the 2024 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,941 | €64,759 | -€12,182 | -15.8% |
| Fixed assets | 21/28 | €224 | €3,655 | +€3,432 | +1534.1% |
| Intangible fixed assets | 21 | - | €150 | +€150 | |
| Tangible fixed assets | 22/27 | €224 | €3,505 | +€3,282 | +1467.0% |
| Plant, machinery and equipment | 23 | - | €281 | +€281 | |
| Furniture and vehicles | 24 | - | €3,224 | +€3,224 | |
| Current assets | 29/58 | €76,717 | €61,104 | -€15,614 | -20.4% |
| Stocks and contracts in progress | 3 | €3,623 | €3,623 | = | 0.0% |
| Stocks | 30/36 | - | €3,623 | +€3,623 | |
| Amounts receivable within one year | 40/41 | €18,683 | €9,046 | -€9,637 | -51.6% |
| Trade receivables | 40 | - | €5,471 | +€5,471 | |
| Other amounts receivable | 41 | - | €3,575 | +€3,575 | |
| Cash at bank and in hand | 54/58 | €10,911 | €133 | -€10,777 | -98.8% |
| Deferred charges and accrued income | 490/1 | - | €48,301 | +€48,301 | |
| Total equity and liabilities | 10/49 | €76,941 | €64,759 | -€12,182 | -15.8% |
| Equity | 10/15 | €14,578 | €34,487 | +€19,909 | +136.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€5,874 | €14,036 | +€19,909 | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Amounts payable | 17/49 | €62,363 | €30,272 | -€32,091 | -51.5% |
| Amounts payable within one year | 42/48 | €62,363 | €30,272 | -€32,091 | -51.5% |
| Trade debts | 44 | €28,896 | €1,657 | -€27,238 | -94.3% |
| Suppliers | 440/4 | - | €1,657 | +€1,657 | |
| Taxes, remuneration and social security | 45 | - | €6,258 | +€6,258 | |
| Taxes | 450/3 | - | €6,258 | +€6,258 | |
| Other amounts payable | 47/48 | - | €22,356 | +€22,356 | |
| Remuneration, social security and pensions | 62 | - | €458 | +€458 | |
| Other operating charges | 640/8 | - | €93 | +€93 | |
| Gross operating margin | 9900 | €615 | €1,490 | +€875 | +142.3% |
| Operating profit (loss) | 9901 | -€111 | €939 | +€1,050 | |
| Financial charges | 65/66B | - | €196 | +€196 | |
| Recurring financial charges | 65 | €1,421 | €196 | -€1,225 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,532 | €743 | +€2,275 | |
| Income taxes | 67/77 | €2,997 | - | -€2,997 | |
| Profit (loss) for the period | 9904 | -€4,529 | €743 | +€5,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,529 | €743 | +€5,272 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.