M.K.M. MANAGEMENT: 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.M. MANAGEMENT
Largest movements
- Receivables within one year +€96,041
up €96,041 (+35.2%), from €272,929 to €368,970
- Other debts +€97,636
up €97,636 (+24.4%), from €400,547 to €498,183
- Debts after one year -€8,294
down €8,294 (-19.2%), from €43,233 to €34,940
- Other operating charges -€1,025
no longer reported in 2024 (was €1,025)
- Financial charges +€326
up €326 (+17.5%), from €1,861 to €2,187
- Gross operating margin -€236
down €236 (-4.5%), from €5,234 to €4,998
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,095 | €587,506 | +€91,411 | +18.4% |
| Fixed assets | 21/28 | €221,945 | €218,397 | -€3,549 | -1.6% |
| Tangible fixed assets | 22/27 | €80,622 | €77,074 | -€3,549 | -4.4% |
| Land and buildings | 22 | €80,622 | €77,074 | -€3,549 | -4.4% |
| Financial fixed assets | 28 | €141,323 | €141,323 | = | 0.0% |
| Current assets | 29/58 | €274,150 | €369,110 | +€94,960 | +34.6% |
| Amounts receivable within one year | 40/41 | €272,929 | €368,970 | +€96,041 | +35.2% |
| Other amounts receivable | 41 | €272,929 | €368,970 | +€96,041 | +35.2% |
| Cash at bank and in hand | 54/58 | €1,220 | €140 | -€1,081 | -88.6% |
| Total equity and liabilities | 10/49 | €496,095 | €587,506 | +€91,411 | +18.4% |
| Equity | 10/15 | €45,701 | €44,963 | -€738 | -1.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,801 | €24,063 | -€738 | -3.0% |
| Amounts payable | 17/49 | €450,394 | €542,543 | +€92,149 | +20.5% |
| Amounts payable after more than one year | 17 | €43,233 | €34,940 | -€8,294 | -19.2% |
| Financial debts | 170/4 | €43,233 | €34,940 | -€8,294 | -19.2% |
| Amounts payable within one year | 42/48 | €407,161 | €507,604 | +€100,443 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,197 | +€4,197 | |
| Trade debts | 44 | €6,573 | €5,183 | -€1,390 | -21.2% |
| Suppliers | 440/4 | €6,573 | €5,183 | -€1,390 | -21.2% |
| Taxes, remuneration and social security | 45 | €41 | €41 | = | 0.0% |
| Taxes | 450/3 | €41 | €41 | = | 0.0% |
| Other amounts payable | 47/48 | €400,547 | €498,183 | +€97,636 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,549 | €3,549 | = | 0.0% |
| Other operating charges | 640/8 | €1,025 | - | -€1,025 | |
| Gross operating margin | 9900 | €5,234 | €4,998 | -€236 | -4.5% |
| Operating profit (loss) | 9901 | €661 | €1,449 | +€789 | +119% |
| Financial charges | 65/66B | €1,861 | €2,187 | +€326 | +17.5% |
| Recurring financial charges | 65 | €1,861 | €2,187 | +€326 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,200 | -€738 | +€462 | +38.5% |
| Profit (loss) for the period | 9904 | -€1,200 | -€738 | +€462 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,200 | -€738 | +€462 | +38.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.