M&K Techniek: 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 Techniek
Largest movements
- Receivables within one year +€124,852
up €124,852 (+449%), from €27,785 to €152,638
of which Trade receivables: +€125,900
- Tangible fixed assets -€38,659
down €38,659 (-49.6%), from €77,991 to €39,332
of which Furniture and vehicles: -€38,140
- Cash -€12,108
down €12,108 (-99.9%), from €12,121 to €13
mainly Receivables within one year (-€124,852) and Net result for the year (-€12,763)
- Other debts +€77,128
up €77,128 (+289%), from €26,720 to €103,849
- Trade debts +€12,891
up €12,891 (+54.8%), from €23,512 to €36,403
- Profit (loss) carried forward -€12,763
down €12,763 (-28.5%), from €44,828 to €32,066
- Tax, wage and social debts -€3,346
down €3,346 (-18.8%), from €17,845 to €14,499
- Write-downs +€59,896
new in 2025: €59,896
- Gross operating margin +€32,930
up €32,930 (+57.0%), from €57,746 to €90,676
- Provisions +€11,315
no longer reported in 2025 (was -€11,315)
- Taxes -€5,522
down €5,522 (-57.5%), from €9,603 to €4,081
- Depreciation +€1,950
up €1,950 (+5.3%), from €36,708 to €38,659
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 | €125,897 | €199,982 | +€74,086 | +58.8% |
| Fixed assets | 21/28 | €85,991 | €47,332 | -€38,659 | -45.0% |
| Tangible fixed assets | 22/27 | €77,991 | €39,332 | -€38,659 | -49.6% |
| Plant, machinery and equipment | 23 | €1,030 | €511 | -€519 | -50.4% |
| Furniture and vehicles | 24 | €76,961 | €38,821 | -€38,140 | -49.6% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €39,906 | €152,650 | +€112,744 | +283% |
| Amounts receivable within one year | 40/41 | €27,785 | €152,638 | +€124,852 | +449% |
| Trade receivables | 40 | €22,030 | €147,930 | +€125,900 | +571% |
| Other amounts receivable | 41 | €5,755 | €4,707 | -€1,048 | -18.2% |
| Cash at bank and in hand | 54/58 | €12,121 | €13 | -€12,108 | -99.9% |
| Total equity and liabilities | 10/49 | €125,897 | €199,982 | +€74,086 | +58.8% |
| Equity | 10/15 | €46,328 | €33,566 | -€12,763 | -27.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,828 | €32,066 | -€12,763 | -28.5% |
| Provisions and deferred taxes | 16 | €11,492 | €11,492 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €11,492 | €11,492 | = | 0.0% |
| Other liabilities and charges | 164/5 | €11,492 | €11,492 | = | 0.0% |
| Amounts payable | 17/49 | €68,077 | €154,925 | +€86,848 | +128% |
| Amounts payable within one year | 42/48 | €68,077 | €154,925 | +€86,848 | +128% |
| Financial debts | 43 | - | €175 | +€175 | |
| Credit institutions | 430/8 | - | €175 | +€175 | |
| Trade debts | 44 | €23,512 | €36,403 | +€12,891 | +54.8% |
| Suppliers | 440/4 | €23,512 | €36,403 | +€12,891 | +54.8% |
| Taxes, remuneration and social security | 45 | €17,845 | €14,499 | -€3,346 | -18.8% |
| Taxes | 450/3 | €17,845 | €14,499 | -€3,346 | -18.8% |
| Other amounts payable | 47/48 | €26,720 | €103,849 | +€77,128 | +289% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,708 | €38,659 | +€1,950 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €59,896 | +€59,896 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€11,315 | - | +€11,315 | |
| Other operating charges | 640/8 | €451 | €757 | +€305 | +67.6% |
| Gross operating margin | 9900 | €57,746 | €90,676 | +€32,930 | +57.0% |
| Operating profit (loss) | 9901 | €31,901 | -€8,635 | -€40,536 | |
| Financial charges | 65/66B | €329 | €46 | -€283 | -85.9% |
| Recurring financial charges | 65 | €329 | €46 | -€283 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €31,571 | -€8,681 | -€40,253 | |
| Income taxes | 67/77 | €9,603 | €4,081 | -€5,522 | -57.5% |
| Profit (loss) for the period | 9904 | €21,968 | -€12,763 | -€34,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,968 | -€12,763 | -€34,731 |
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 26 October 2026 via checked.be.