MC KENZIE IT: what changed
MC KENZIE IT
Largest movements
- Stocks and contracts +€15,000
up €15,000, from €0 to €15,000
- Cash -€8,522
down €8,522 (-20.5%), from €41,672 to €33,149
mainly Contributions, distributions and other (-€63,433) and Stocks and contracts (-€15,000)
- Receivables within one year +€2,360
up €2,360 (+8.8%), from €26,741 to €29,101
of which Trade receivables: +€2,360
- Tangible fixed assets -€1,660
down €1,660 (-65.2%), from €2,546 to €886
of which Furniture and vehicles: -€2,260
- Other debts +€17,658
up €17,658 (+48.4%), from €36,455 to €54,113
- Profit (loss) carried forward -€12,350
down €12,350 (-100%), from €12,350 to €0
- Tax, wage and social debts +€2,410
up €2,410 (+15.0%), from €16,095 to €18,505
- Gross operating margin +€7,169
up €7,169 (+11.5%), from €62,357 to €69,526
- Depreciation -€4,065
down €4,065 (-57.8%), from €7,030 to €2,964
- Taxes +€2,011
up €2,011 (+17.0%), from €11,831 to €13,842
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,838 | €79,060 | +€7,222 | +10.1% |
| Fixed assets | 21/28 | €2,546 | €886 | -€1,660 | -65.2% |
| Tangible fixed assets | 22/27 | €2,546 | €886 | -€1,660 | -65.2% |
| Plant, machinery and equipment | 23 | €286 | €886 | +€599 | +209% |
| Furniture and vehicles | 24 | €2,260 | €0 | -€2,260 | -100% |
| Current assets | 29/58 | €69,292 | €78,174 | +€8,882 | +12.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €15,000 | +€15,000 | |
| Stocks | 30/36 | €0 | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €26,741 | €29,101 | +€2,360 | +8.8% |
| Trade receivables | 40 | €26,741 | €29,101 | +€2,360 | +8.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,672 | €33,149 | -€8,522 | -20.5% |
| Deferred charges and accrued income | 490/1 | €880 | €925 | +€45 | +5.1% |
| Total equity and liabilities | 10/49 | €71,838 | €79,060 | +€7,222 | +10.1% |
| Equity | 10/15 | €17,350 | €5,000 | -€12,350 | -71.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €12,350 | €0 | -€12,350 | -100% |
| Amounts payable | 17/49 | €54,488 | €74,060 | +€19,572 | +35.9% |
| Amounts payable within one year | 42/48 | €54,488 | €74,060 | +€19,572 | +35.9% |
| Financial debts | 43 | - | €222 | +€222 | |
| Credit institutions | 430/8 | - | €222 | +€222 | |
| Trade debts | 44 | €1,938 | €1,221 | -€718 | -37.0% |
| Suppliers | 440/4 | €1,938 | €1,221 | -€718 | -37.0% |
| Taxes, remuneration and social security | 45 | €16,095 | €18,505 | +€2,410 | +15.0% |
| Taxes | 450/3 | €16,095 | €18,505 | +€2,410 | +15.0% |
| Other amounts payable | 47/48 | €36,455 | €54,113 | +€17,658 | +48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,030 | €2,964 | -€4,065 | -57.8% |
| Other operating charges | 640/8 | €1,080 | €1,472 | +€392 | +36.3% |
| Gross operating margin | 9900 | €62,357 | €69,526 | +€7,169 | +11.5% |
| Operating profit (loss) | 9901 | €54,248 | €65,089 | +€10,842 | +20.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €94 | €164 | +€70 | +74.7% |
| Recurring financial charges | 65 | €94 | €164 | +€70 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €54,154 | €64,925 | +€10,771 | +19.9% |
| Income taxes | 67/77 | €11,831 | €13,842 | +€2,011 | +17.0% |
| Profit (loss) for the period | 9904 | €42,322 | €51,083 | +€8,760 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,322 | €51,083 | +€8,760 | +20.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.