M&K LOPPEM: 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 LOPPEM
Largest movements
- Cash -€18,823
down €18,823 (-99.9%), from €18,836 to €14
mainly Debts after one year (-€22,385) and Net result for the year (-€10,793)
- Tangible fixed assets -€8,238
down €8,238 (-21.8%), from €37,760 to €29,521
- Receivables within one year +€7,762
up €7,762 (+107%), from €7,238 to €15,000
of which Trade receivables: +€15,000
- Stocks and contracts -€7,128
no longer reported in 2025 (was €7,128)
- Debts after one year -€22,385
down €22,385 (-60.6%), from €36,918 to €14,534
- Profit (loss) carried forward -€10,793
down €10,793 (-56.4%), from €19,146 to €8,353
- Current portion of long-term debt +€9,758
new in 2025: €9,758
- Trade debts -€2,139
down €2,139 (-86.1%), from €2,486 to €346
- Other debts -€1,707
down €1,707 (-27.5%), from €6,212 to €4,506
- Gross operating margin -€5,973
down €5,973 (-92.1%), from €6,487 to €515
- Depreciation +€4,806
up €4,806 (+140%), from €3,433 to €8,238
- Financial charges +€2,752
up €2,752 (+960%), from €287 to €3,039
- Other operating charges -€1,919
down €1,919 (-98.5%), from €1,949 to €30
- Taxes -€289
no longer reported in 2025 (was €289)
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 | €70,962 | €44,535 | -€26,427 | -37.2% |
| Fixed assets | 21/28 | €37,760 | €29,521 | -€8,238 | -21.8% |
| Tangible fixed assets | 22/27 | €37,760 | €29,521 | -€8,238 | -21.8% |
| Furniture and vehicles | 24 | €37,760 | €29,521 | -€8,238 | -21.8% |
| Current assets | 29/58 | €33,203 | €15,014 | -€18,189 | -54.8% |
| Stocks and contracts in progress | 3 | €7,128 | - | -€7,128 | |
| Stocks | 30/36 | €7,128 | - | -€7,128 | |
| Amounts receivable within one year | 40/41 | €7,238 | €15,000 | +€7,762 | +107% |
| Trade receivables | 40 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | €7,238 | - | -€7,238 | |
| Cash at bank and in hand | 54/58 | €18,836 | €14 | -€18,823 | -99.9% |
| Total equity and liabilities | 10/49 | €70,962 | €44,535 | -€26,427 | -37.2% |
| Equity | 10/15 | €25,346 | €14,553 | -€10,793 | -42.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,146 | €8,353 | -€10,793 | -56.4% |
| Amounts payable | 17/49 | €45,616 | €29,982 | -€15,635 | -34.3% |
| Amounts payable after more than one year | 17 | €36,918 | €14,534 | -€22,385 | -60.6% |
| Financial debts | 170/4 | €36,918 | €14,534 | -€22,385 | -60.6% |
| Amounts payable within one year | 42/48 | €8,698 | €15,448 | +€6,750 | +77.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,758 | +€9,758 | |
| Trade debts | 44 | €2,486 | €346 | -€2,139 | -86.1% |
| Suppliers | 440/4 | €2,486 | €346 | -€2,139 | -86.1% |
| Taxes, remuneration and social security | 45 | - | €838 | +€838 | |
| Taxes | 450/3 | - | €838 | +€838 | |
| Other amounts payable | 47/48 | €6,212 | €4,506 | -€1,707 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,433 | €8,238 | +€4,806 | +140% |
| Other operating charges | 640/8 | €1,949 | €30 | -€1,919 | -98.5% |
| Gross operating margin | 9900 | €6,487 | €515 | -€5,973 | -92.1% |
| Operating profit (loss) | 9901 | €1,106 | -€7,754 | -€8,860 | |
| Financial charges | 65/66B | €287 | €3,039 | +€2,752 | +960% |
| Recurring financial charges | 65 | €287 | €3,039 | +€2,752 | +960% |
| Profit (loss) for the period before taxes | 9903 | €819 | -€10,793 | -€11,612 | |
| Income taxes | 67/77 | €289 | - | -€289 | |
| Profit (loss) for the period | 9904 | €531 | -€10,793 | -€11,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €531 | -€10,793 | -€11,324 |
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 19 October 2026 via checked.be.