MCK GROUP: what changed
Two fiscal 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.
MCK GROUP
Largest movements
- Stocks and contracts +€48,750
up €48,750 (+46.1%), from €105,638 to €154,388
- Tangible fixed assets +€36,621
new in 2025: €36,621
- Receivables within one year +€17,279
up €17,279 (+46.1%), from €37,458 to €54,737
of which Trade receivables: +€17,184
- Cash -€3,453
down €3,453 (-10.6%), from €32,542 to €29,090
mainly Stocks and contracts (-€48,750) and Investment in fixed assets (net) (-€41,650)
- Trade debts +€33,270
up €33,270 (+181.2%), from €18,363 to €51,633
- Reserves +€31,027
up €31,027 (+184.3%), from €16,836 to €47,864
- Other debts +€29,342
up €29,342 (+27.9%), from €105,000 to €134,342
- Tax, wage and social debts +€5,558
up €5,558 (+102.2%), from €5,439 to €10,996
- Gross operating margin +€26,777
up €26,777 (+125.1%), from €21,396 to €48,173
- Depreciation +€5,029
new in 2025: €5,029
- Financial charges +€4,986
up €4,986 (+1421.1%), from €351 to €5,337
- Taxes +€2,624
up €2,624 (+62.3%), from €4,209 to €6,833
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.
Cash bridge derived
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 | €175,638 | €274,836 | +€99,198 | +56.5% |
| Fixed assets | 21/28 | - | €36,621 | +€36,621 | |
| Tangible fixed assets | 22/27 | - | €36,621 | +€36,621 | |
| Plant, machinery and equipment | 23 | - | €36,621 | +€36,621 | |
| Current assets | 29/58 | €175,638 | €238,214 | +€62,577 | +35.6% |
| Stocks and contracts in progress | 3 | €105,638 | €154,388 | +€48,750 | +46.1% |
| Stocks | 30/36 | €105,638 | €154,388 | +€48,750 | +46.1% |
| Amounts receivable within one year | 40/41 | €37,458 | €54,737 | +€17,279 | +46.1% |
| Trade receivables | 40 | €37,382 | €54,566 | +€17,184 | +46.0% |
| Other amounts receivable | 41 | €75 | €171 | +€95 | +125.9% |
| Cash at bank and in hand | 54/58 | €32,542 | €29,090 | -€3,453 | -10.6% |
| Total equity and liabilities | 10/49 | €175,638 | €274,836 | +€99,198 | +56.5% |
| Equity | 10/15 | €46,836 | €77,864 | +€31,027 | +66.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €16,836 | €47,864 | +€31,027 | +184.3% |
| Distributable reserves | 133 | €16,836 | €47,864 | +€31,027 | +184.3% |
| Amounts payable | 17/49 | €128,801 | €196,972 | +€68,171 | +52.9% |
| Amounts payable within one year | 42/48 | €128,801 | €196,972 | +€68,171 | +52.9% |
| Trade debts | 44 | €18,363 | €51,633 | +€33,270 | +181.2% |
| Suppliers | 440/4 | €18,363 | €51,633 | +€33,270 | +181.2% |
| Taxes, remuneration and social security | 45 | €5,439 | €10,996 | +€5,558 | +102.2% |
| Taxes | 450/3 | €5,439 | €10,996 | +€5,558 | +102.2% |
| Other amounts payable | 47/48 | €105,000 | €134,342 | +€29,342 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,029 | +€5,029 | |
| Gross operating margin | 9900 | €21,396 | €48,173 | +€26,777 | +125.1% |
| Operating profit (loss) | 9901 | €21,396 | €43,145 | +€21,748 | +101.6% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €351 | €5,337 | +€4,986 | +1421.1% |
| Recurring financial charges | 65 | €351 | €5,337 | +€4,986 | +1421.1% |
| Profit (loss) for the period before taxes | 9903 | €21,046 | €37,860 | +€16,815 | +79.9% |
| Income taxes | 67/77 | €4,209 | €6,833 | +€2,624 | +62.3% |
| Profit (loss) for the period | 9904 | €16,836 | €31,027 | +€14,191 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,836 | €31,027 | +€14,191 | +84.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.