M&K LOCATION: 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 LOCATION
Largest movements
- Deferred charges and accrued income +€11,019
up €11,019 (+690%), from €1,598 to €12,617
- Tangible fixed assets -€6,305
down €6,305 (-12.4%), from €50,752 to €44,446
- Receivables within one year -€3,388
down €3,388 (-47.1%), from €7,190 to €3,801
of which Trade receivables: -€2,190
- Cash +€2,488
up €2,488 (+98.9%), from €2,515 to €5,002
mainly Depreciation (+€27,562) and Other debts (+€16,844)
- Profit (loss) carried forward -€18,186
down €18,186 (-78.4%), from -€23,210 to -€41,396
- Other debts +€16,844
up €16,844 (+20.4%), from €82,754 to €99,598
- Tax, wage and social debts +€2,653
up €2,653 (+25,661%), from €10 to €2,664
- Trade debts +€2,502
new in 2025: €2,502
- Financial income +€10,378
up €10,378 (+20,345%), from €51 to €10,429
of which Non-recurring financial income: +€10,429
- Gross operating margin +€6,119
up €6,119 (+267%), from €2,292 to €8,411
- Depreciation +€3,155
up €3,155 (+12.9%), from €24,407 to €27,562
- Other operating charges +€1,003
up €1,003 (+11.9%), from €8,410 to €9,413
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 | €62,054 | €65,867 | +€3,813 | +6.1% |
| Fixed assets | 21/28 | €50,752 | €44,446 | -€6,305 | -12.4% |
| Tangible fixed assets | 22/27 | €50,752 | €44,446 | -€6,305 | -12.4% |
| Furniture and vehicles | 24 | €50,752 | €44,446 | -€6,305 | -12.4% |
| Current assets | 29/58 | €11,302 | €21,421 | +€10,119 | +89.5% |
| Amounts receivable within one year | 40/41 | €7,190 | €3,801 | -€3,388 | -47.1% |
| Trade receivables | 40 | €5,991 | €3,801 | -€2,190 | -36.6% |
| Other amounts receivable | 41 | €1,198 | - | -€1,198 | |
| Cash at bank and in hand | 54/58 | €2,515 | €5,002 | +€2,488 | +98.9% |
| Deferred charges and accrued income | 490/1 | €1,598 | €12,617 | +€11,019 | +690% |
| Total equity and liabilities | 10/49 | €62,054 | €65,867 | +€3,813 | +6.1% |
| Equity | 10/15 | -€20,710 | -€38,896 | -€18,186 | -87.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,210 | -€41,396 | -€18,186 | -78.4% |
| Amounts payable | 17/49 | €82,764 | €104,763 | +€21,999 | +26.6% |
| Amounts payable within one year | 42/48 | €82,764 | €104,763 | +€21,999 | +26.6% |
| Trade debts | 44 | - | €2,502 | +€2,502 | |
| Suppliers | 440/4 | - | €2,502 | +€2,502 | |
| Taxes, remuneration and social security | 45 | €10 | €2,664 | +€2,653 | +25,661% |
| Taxes | 450/3 | €10 | €2,664 | +€2,653 | +25,661% |
| Other amounts payable | 47/48 | €82,754 | €99,598 | +€16,844 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,407 | €27,562 | +€3,155 | +12.9% |
| Other operating charges | 640/8 | €8,410 | €9,413 | +€1,003 | +11.9% |
| Gross operating margin | 9900 | €2,292 | €8,411 | +€6,119 | +267% |
| Operating profit (loss) | 9901 | -€30,526 | -€28,565 | +€1,961 | +6.4% |
| Financial income | 75/76B | €51 | €10,429 | +€10,378 | +20,345% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -99.9% |
| Non-recurring financial income | 76B | - | €10,429 | +€10,429 | |
| Financial charges | 65/66B | €53 | €50 | -€3 | -5.1% |
| Recurring financial charges | 65 | €53 | €50 | -€3 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,527 | -€18,186 | +€12,342 | +40.4% |
| Profit (loss) for the period | 9904 | -€30,527 | -€18,186 | +€12,342 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,527 | -€18,186 | +€12,342 | +40.4% |
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 21 October 2026 via checked.be.