M&K Design: 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.
M&K Design
Largest movements
- Receivables within one year +€49,930
up €49,930 (+33.6%), from €148,717 to €198,647
of which Other amounts receivable: +€35,975
- Tangible fixed assets +€4,213
up €4,213 (+96.5%), from €4,365 to €8,579
of which Land and buildings: +€5,708
- Trade debts +€36,276
up €36,276 (+353%), from €10,288 to €46,564
- Reserves +€22,581
up €22,581 (+32.8%), from €68,925 to €91,506
- Tax, wage and social debts -€3,942
down €3,942 (-22.1%), from €17,828 to €13,886
- Gross operating margin -€38,461
down €38,461 (-53.1%), from €72,404 to €33,943
- Taxes -€5,087
down €5,087 (-34.0%), from €14,959 to €9,872
- Financial income +€2,370
up €2,370 (+46.8%), from €5,068 to €7,438
- Other operating charges -€1,434
down €1,434 (-53.4%), from €2,687 to €1,253
- Depreciation -€956
down €956 (-35.0%), from €2,727 to €1,771
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 | €157,042 | €212,147 | +€55,105 | +35.1% |
| Fixed assets | 21/28 | €4,602 | €8,579 | +€3,977 | +86.4% |
| Intangible fixed assets | 21 | €237 | €0 | -€237 | -100% |
| Tangible fixed assets | 22/27 | €4,365 | €8,579 | +€4,213 | +96.5% |
| Land and buildings | 22 | - | €5,708 | +€5,708 | |
| Plant, machinery and equipment | 23 | €2,852 | €2,116 | -€736 | -25.8% |
| Furniture and vehicles | 24 | €1,514 | €755 | -€759 | -50.1% |
| Current assets | 29/58 | €152,440 | €203,568 | +€51,128 | +33.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €148,717 | €198,647 | +€49,930 | +33.6% |
| Trade receivables | 40 | €57,351 | €71,306 | +€13,955 | +24.3% |
| Other amounts receivable | 41 | €91,365 | €127,341 | +€35,975 | +39.4% |
| Cash at bank and in hand | 54/58 | €3,723 | €3,183 | -€540 | -14.5% |
| Deferred charges and accrued income | 490/1 | €0 | €1,738 | +€1,738 | |
| Total equity and liabilities | 10/49 | €157,042 | €212,147 | +€55,105 | +35.1% |
| Equity | 10/15 | €78,925 | €101,506 | +€22,581 | +28.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €68,925 | €91,506 | +€22,581 | +32.8% |
| Distributable reserves | 133 | €68,925 | €91,506 | +€22,581 | +32.8% |
| Amounts payable | 17/49 | €78,117 | €110,640 | +€32,524 | +41.6% |
| Amounts payable within one year | 42/48 | €78,117 | €110,450 | +€32,334 | +41.4% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €10,288 | €46,564 | +€36,276 | +353% |
| Suppliers | 440/4 | €10,288 | €46,564 | +€36,276 | +353% |
| Taxes, remuneration and social security | 45 | €17,828 | €13,886 | -€3,942 | -22.1% |
| Taxes | 450/3 | €17,828 | €13,886 | -€3,942 | -22.1% |
| Accrued charges and deferred income | 492/3 | - | €190 | +€190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,727 | €1,771 | -€956 | -35.0% |
| Other operating charges | 640/8 | €2,687 | €1,253 | -€1,434 | -53.4% |
| Gross operating margin | 9900 | €72,404 | €33,943 | -€38,461 | -53.1% |
| Operating profit (loss) | 9901 | €66,990 | €30,919 | -€36,072 | -53.8% |
| Financial income | 75/76B | €5,068 | €7,438 | +€2,370 | +46.8% |
| Recurring financial income | 75 | €5,068 | €7,438 | +€2,370 | +46.8% |
| Financial charges | 65/66B | €4,985 | €5,904 | +€919 | +18.4% |
| Recurring financial charges | 65 | €4,985 | €5,904 | +€919 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €67,073 | €32,453 | -€34,620 | -51.6% |
| Income taxes | 67/77 | €14,959 | €9,872 | -€5,087 | -34.0% |
| Profit (loss) for the period | 9904 | €52,114 | €22,581 | -€29,533 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,114 | €22,581 | -€29,533 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.