M.K.M services: 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 services
Largest movements
- Tangible fixed assets -€22,005
down €22,005 (-47.4%), from €46,450 to €24,444
of which Leasing and similar rights: -€22,525
- Cash -€8,047
down €8,047 (-21.4%), from €37,578 to €29,531
mainly Debts after one year (-€20,180) and Net result for the year (-€7,878)
- Receivables within one year -€5,387
down €5,387 (-40.2%), from €13,401 to €8,014
of which Trade receivables: -€5,091
- Deferred charges and accrued income -€2,001
down €2,001 (-84.8%), from €2,361 to €360
- Debts after one year -€20,180
down €20,180 (-71.4%), from €28,262 to €8,082
- Reserves -€7,878
down €7,878 (-17.4%), from €45,327 to €37,449
- Current portion of long-term debt -€6,735
down €6,735 (-64.7%), from €10,416 to €3,681
- Trade debts -€5,969
down €5,969 (-87.9%), from €6,795 to €825
- Other debts +€5,518
up €5,518 (+230%), from €2,404 to €7,922
- Gross operating margin -€28,060
down €28,060 (-89.3%), from €31,432 to €3,371
- Depreciation -€8,279
down €8,279 (-67.0%), from €12,352 to €4,073
- Taxes -€1,394
down €1,394 (-92.1%), from €1,513 to €120
- Other operating charges +€1,207
up €1,207 (+468%), from €258 to €1,465
- Financial income -€481
down €481 (-87.2%), from €551 to €71
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 | €99,790 | €62,350 | -€37,440 | -37.5% |
| Fixed assets | 21/28 | €46,450 | €24,444 | -€22,005 | -47.4% |
| Tangible fixed assets | 22/27 | €46,450 | €24,444 | -€22,005 | -47.4% |
| Furniture and vehicles | 24 | €4,315 | €1,826 | -€2,488 | -57.7% |
| Leasing and similar rights | 25 | €36,795 | €14,269 | -€22,525 | -61.2% |
| Other tangible fixed assets | 26 | €5,340 | €8,348 | +€3,008 | +56.3% |
| Current assets | 29/58 | €53,340 | €37,905 | -€15,435 | -28.9% |
| Amounts receivable within one year | 40/41 | €13,401 | €8,014 | -€5,387 | -40.2% |
| Trade receivables | 40 | €13,105 | €8,014 | -€5,091 | -38.8% |
| Other amounts receivable | 41 | €296 | €0 | -€296 | -100% |
| Cash at bank and in hand | 54/58 | €37,578 | €29,531 | -€8,047 | -21.4% |
| Deferred charges and accrued income | 490/1 | €2,361 | €360 | -€2,001 | -84.8% |
| Total equity and liabilities | 10/49 | €99,790 | €62,350 | -€37,440 | -37.5% |
| Equity | 10/15 | €47,827 | €39,949 | -€7,878 | -16.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,327 | €37,449 | -€7,878 | -17.4% |
| Distributable reserves | 133 | €45,327 | €37,449 | -€7,878 | -17.4% |
| Amounts payable | 17/49 | €51,963 | €22,400 | -€29,562 | -56.9% |
| Amounts payable after more than one year | 17 | €28,262 | €8,082 | -€20,180 | -71.4% |
| Financial debts | 170/4 | €28,262 | €8,082 | -€20,180 | -71.4% |
| Amounts payable within one year | 42/48 | €23,701 | €14,318 | -€9,382 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €10,416 | €3,681 | -€6,735 | -64.7% |
| Trade debts | 44 | €6,795 | €825 | -€5,969 | -87.9% |
| Suppliers | 440/4 | €6,795 | €825 | -€5,969 | -87.9% |
| Advances received on contracts in progress | 46 | €600 | €600 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,486 | €1,289 | -€2,196 | -63.0% |
| Taxes | 450/3 | €3,486 | €1,289 | -€2,196 | -63.0% |
| Other amounts payable | 47/48 | €2,404 | €7,922 | +€5,518 | +230% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,352 | €4,073 | -€8,279 | -67.0% |
| Other operating charges | 640/8 | €258 | €1,465 | +€1,207 | +468% |
| Non-recurring operating charges | 66A | €11,418 | €2,463 | -€8,955 | -78.4% |
| Gross operating margin | 9900 | €31,432 | €3,371 | -€28,060 | -89.3% |
| Operating profit (loss) | 9901 | €7,404 | -€4,630 | -€12,034 | |
| Financial income | 75/76B | €551 | €71 | -€481 | -87.2% |
| Recurring financial income | 75 | €551 | €71 | -€481 | -87.2% |
| Financial charges | 65/66B | €2,944 | €3,199 | +€255 | +8.7% |
| Recurring financial charges | 65 | €2,944 | €3,199 | +€255 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €5,011 | -€7,758 | -€12,770 | |
| Income taxes | 67/77 | €1,513 | €120 | -€1,394 | -92.1% |
| Profit (loss) for the period | 9904 | €3,498 | -€7,878 | -€11,376 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,498 | -€7,878 | -€11,376 |
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.