M.K. CONCEPT: 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.K. CONCEPT
Largest movements
- Stocks and contracts +€28,582
up €28,582 (+106.8%), from €26,750 to €55,332
- Receivables within one year -€14,890
down €14,890 (-64.5%), from €23,100 to €8,210
- Cash -€5,775
down €5,775 (-90.6%), from €6,375 to €600
mainly Stocks and contracts (-€28,582) and Tax, wage and social debts (-€13,115)
- Tax, wage and social debts -€13,115
down €13,115 (-57.1%), from €22,983 to €9,868
- Other debts +€10,818
up €10,818 (+48.5%), from €22,288 to €33,106
- Trade debts +€7,469
up €7,469 (+225.8%), from €3,308 to €10,777
- Profit (loss) carried forward +€2,745
up €2,745 (+53.3%), from €5,146 to €7,891
- Gross operating margin -€13,974
down €13,974 (-64.2%), from €21,781 to €7,806
- Staff costs -€12,847
down €12,847 (-89.1%), from €14,418 to €1,571
- Financial charges +€1,136
up €1,136 (+122.2%), from €930 to €2,067
- Other operating charges +€590
new in 2025: €590
- Taxes -€453
down €453 (-35.2%), from €1,287 to €834
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.
Cash bridge derived
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 | €56,225 | €64,142 | +€7,917 | +14.1% |
| Current assets | 29/58 | €56,225 | €64,142 | +€7,917 | +14.1% |
| Stocks and contracts in progress | 3 | €26,750 | €55,332 | +€28,582 | +106.8% |
| Stocks | 30/36 | €26,750 | €55,332 | +€28,582 | +106.8% |
| Amounts receivable within one year | 40/41 | €23,100 | €8,210 | -€14,890 | -64.5% |
| Trade receivables | 40 | €23,100 | €8,210 | -€14,890 | -64.5% |
| Cash at bank and in hand | 54/58 | €6,375 | €600 | -€5,775 | -90.6% |
| Total equity and liabilities | 10/49 | €56,225 | €64,142 | +€7,917 | +14.1% |
| Equity | 10/15 | €7,646 | €10,391 | +€2,745 | +35.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,146 | €7,891 | +€2,745 | +53.3% |
| Amounts payable | 17/49 | €48,579 | €53,751 | +€5,172 | +10.6% |
| Amounts payable within one year | 42/48 | €48,579 | €53,751 | +€5,172 | +10.6% |
| Trade debts | 44 | €3,308 | €10,777 | +€7,469 | +225.8% |
| Suppliers | 440/4 | €3,308 | €10,777 | +€7,469 | +225.8% |
| Taxes, remuneration and social security | 45 | €22,983 | €9,868 | -€13,115 | -57.1% |
| Taxes | 450/3 | €22,983 | €9,868 | -€13,115 | -57.1% |
| Other amounts payable | 47/48 | €22,288 | €33,106 | +€10,818 | +48.5% |
| Remuneration, social security and pensions | 62 | €14,418 | €1,571 | -€12,847 | -89.1% |
| Other operating charges | 640/8 | - | €590 | +€590 | |
| Gross operating margin | 9900 | €21,781 | €7,806 | -€13,974 | -64.2% |
| Operating profit (loss) | 9901 | €7,363 | €5,646 | -€1,717 | -23.3% |
| Financial charges | 65/66B | €930 | €2,067 | +€1,136 | +122.2% |
| Recurring financial charges | 65 | €930 | €2,067 | +€1,136 | +122.2% |
| Profit (loss) for the period before taxes | 9903 | €6,433 | €3,579 | -€2,853 | -44.4% |
| Income taxes | 67/77 | €1,287 | €834 | -€453 | -35.2% |
| Profit (loss) for the period | 9904 | €5,146 | €2,745 | -€2,401 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,146 | €2,745 | -€2,401 | -46.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.