M&K TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€19,459
up €19,459 (+197%), from €9,892 to €29,351
of which Trade receivables: +€19,643
- Cash -€8,355
down €8,355 (-96.7%), from €8,643 to €288
mainly Receivables within one year (-€19,459) and Tax, wage and social debts (-€815)
- Tangible fixed assets -€4,179
no longer reported in 2025 (was €4,179)
- Trade debts +€5,895
up €5,895 (+311%), from €1,898 to €7,793
- Other debts +€1,181
up €1,181 (+193%), from €612 to €1,794
- Tax, wage and social debts -€815
down €815 (-13.2%), from €6,187 to €5,372
of which Remuneration and social security: -€815
- Short-term financial debts +€446
new in 2025: €446
- Gross operating margin -€17,636
down €17,636 (-92.7%), from €19,027 to €1,391
- Depreciation -€5,507
no longer reported in 2025 (was €5,507)
- Other operating charges +€839
up €839 (+839%), from €100 to €939
- Taxes -€198
no longer reported in 2025 (was €198)
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 | €22,713 | €29,638 | +€6,925 | +30.5% |
| Fixed assets | 21/28 | €4,179 | - | -€4,179 | |
| Tangible fixed assets | 22/27 | €4,179 | - | -€4,179 | |
| Furniture and vehicles | 24 | €4,179 | - | -€4,179 | |
| Current assets | 29/58 | €18,535 | €29,638 | +€11,104 | +59.9% |
| Amounts receivable within one year | 40/41 | €9,892 | €29,351 | +€19,459 | +197% |
| Trade receivables | 40 | €9,557 | €29,200 | +€19,643 | +206% |
| Other amounts receivable | 41 | €335 | €151 | -€184 | -55.0% |
| Cash at bank and in hand | 54/58 | €8,643 | €288 | -€8,355 | -96.7% |
| Total equity and liabilities | 10/49 | €22,713 | €29,638 | +€6,925 | +30.5% |
| Equity | 10/15 | €14,016 | €14,234 | +€218 | +1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€244 | -€26 | +€218 | +89.3% |
| Amounts payable | 17/49 | €8,697 | €15,404 | +€6,707 | +77.1% |
| Amounts payable within one year | 42/48 | €8,697 | €15,404 | +€6,707 | +77.1% |
| Financial debts | 43 | - | €446 | +€446 | |
| Credit institutions | 430/8 | - | €446 | +€446 | |
| Trade debts | 44 | €1,898 | €7,793 | +€5,895 | +311% |
| Suppliers | 440/4 | €1,898 | €7,793 | +€5,895 | +311% |
| Taxes, remuneration and social security | 45 | €6,187 | €5,372 | -€815 | -13.2% |
| Taxes | 450/3 | €509 | €509 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,678 | €4,863 | -€815 | -14.4% |
| Other amounts payable | 47/48 | €612 | €1,794 | +€1,181 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,507 | - | -€5,507 | |
| Other operating charges | 640/8 | €100 | €939 | +€839 | +839% |
| Gross operating margin | 9900 | €19,027 | €1,391 | -€17,636 | -92.7% |
| Operating profit (loss) | 9901 | €13,419 | €452 | -€12,967 | -96.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €420 | €235 | -€185 | -44.0% |
| Recurring financial charges | 65 | €420 | €235 | -€185 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €13,000 | €218 | -€12,782 | -98.3% |
| Income taxes | 67/77 | €198 | - | -€198 | |
| Profit (loss) for the period | 9904 | €12,801 | €218 | -€12,584 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,801 | €218 | -€12,584 | -98.3% |
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 15 October 2026 via checked.be.