M.K. Dream: 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. Dream
Largest movements
- Cash -€12,881
down €12,881 (-88.2%), from €14,611 to €1,730
mainly Net result for the year (-€25,361) and Tax, wage and social debts (-€12,437)
- Stocks and contracts +€4,856
up €4,856 (+98.1%), from €4,950 to €9,805
- Receivables within one year -€3,886
down €3,886 (-97.5%), from €3,986 to €100
- Tangible fixed assets -€891
down €891 (-68.7%), from €1,296 to €405
- Profit (loss) carried forward -€25,361
down €25,361 (-64.9%), from -€39,058 to -€64,419
- Trade debts +€24,193
up €24,193 (+196%), from €12,372 to €36,565
- Tax, wage and social debts -€12,437
down €12,437 (-37.7%), from €32,989 to €20,552
- Other debts +€3,932
new in 2025: €3,932
- Current portion of long-term debt -€3,203
no longer reported in 2025 (was €3,203)
- Gross operating margin -€31,324
down €31,324, from €21,250 to -€10,074
- Other operating charges +€5,381
up €5,381 (+192%), from €2,798 to €8,179
- Staff costs +€2,644
up €2,644 (+1,618%), from €163 to €2,807
- Financial charges -€2,386
down €2,386 (-40.7%), from €5,863 to €3,477
- Financial income -€684
down €684 (-91.0%), from €751 to €67
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 | €28,106 | €15,240 | -€12,865 | -45.8% |
| Fixed assets | 21/28 | €4,496 | €3,605 | -€891 | -19.8% |
| Tangible fixed assets | 22/27 | €1,296 | €405 | -€891 | -68.7% |
| Furniture and vehicles | 24 | €1,296 | €405 | -€891 | -68.7% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €23,610 | €11,635 | -€11,975 | -50.7% |
| Stocks and contracts in progress | 3 | €4,950 | €9,805 | +€4,856 | +98.1% |
| Stocks | 30/36 | €4,950 | €9,805 | +€4,856 | +98.1% |
| Amounts receivable within one year | 40/41 | €3,986 | €100 | -€3,886 | -97.5% |
| Other amounts receivable | 41 | €3,986 | €100 | -€3,886 | -97.5% |
| Cash at bank and in hand | 54/58 | €14,611 | €1,730 | -€12,881 | -88.2% |
| Deferred charges and accrued income | 490/1 | €63 | - | -€63 | |
| Total equity and liabilities | 10/49 | €28,106 | €15,240 | -€12,865 | -45.8% |
| Equity | 10/15 | -€20,458 | -€45,819 | -€25,361 | -124% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,058 | -€64,419 | -€25,361 | -64.9% |
| Amounts payable | 17/49 | €48,564 | €61,059 | +€12,496 | +25.7% |
| Amounts payable within one year | 42/48 | €48,564 | €61,059 | +€12,496 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €3,203 | - | -€3,203 | |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €12,372 | €36,565 | +€24,193 | +196% |
| Suppliers | 440/4 | €12,372 | €36,565 | +€24,193 | +196% |
| Taxes, remuneration and social security | 45 | €32,989 | €20,552 | -€12,437 | -37.7% |
| Taxes | 450/3 | €32,989 | €20,552 | -€12,437 | -37.7% |
| Other amounts payable | 47/48 | - | €3,932 | +€3,932 | |
| Remuneration, social security and pensions | 62 | €163 | €2,807 | +€2,644 | +1,618% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €891 | €891 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,798 | €8,179 | +€5,381 | +192% |
| Gross operating margin | 9900 | €21,250 | -€10,074 | -€31,324 | |
| Operating profit (loss) | 9901 | €17,398 | -€21,951 | -€39,349 | |
| Financial income | 75/76B | €751 | €67 | -€684 | -91.0% |
| Recurring financial income | 75 | €751 | €67 | -€684 | -91.0% |
| Financial charges | 65/66B | €5,863 | €3,477 | -€2,386 | -40.7% |
| Recurring financial charges | 65 | €5,863 | €3,477 | -€2,386 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €12,286 | -€25,361 | -€37,647 | |
| Profit (loss) for the period | 9904 | €12,286 | -€25,361 | -€37,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,286 | -€25,361 | -€37,647 |
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 30 October 2026 via checked.be.