MFK CONSULTING: 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.
MFK CONSULTING
Largest movements
- Receivables within one year +€229,013
up €229,013 (+221%), from €103,790 to €332,802
of which Other amounts receivable: +€195,819
- Cash -€183,241
down €183,241 (-38.9%), from €471,077 to €287,835
mainly Receivables within one year (-€229,013) and Contributions, distributions and other (-€211,677)
- Tangible fixed assets -€12,869
down €12,869 (-9.7%), from €132,654 to €119,785
of which Land and buildings: -€10,946
- Other debts +€201,452
up €201,452 (+1,048%), from €19,225 to €220,677
- Reserves -€141,468
down €141,468 (-22.0%), from €643,115 to €501,647
of which Distributable reserves: -€141,468
- Debts after one year -€12,416
down €12,416 (-100%), from €12,416 to €0
- Current portion of long-term debt -€8,644
down €8,644 (-41.0%), from €21,060 to €12,416
- Financial charges -€57,764
down €57,764 (-97.2%), from €59,441 to €1,677
- Gross operating margin -€20,583
down €20,583 (-15.9%), from €129,530 to €108,948
- Taxes +€2,031
up €2,031 (+7.9%), from €25,792 to €27,824
- Financial income +€1,606
up €1,606 (+36.6%), from €4,388 to €5,995
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 | €709,118 | €742,114 | +€32,996 | +4.7% |
| Fixed assets | 21/28 | €132,654 | €119,785 | -€12,869 | -9.7% |
| Tangible fixed assets | 22/27 | €132,654 | €119,785 | -€12,869 | -9.7% |
| Land and buildings | 22 | €120,405 | €109,459 | -€10,946 | -9.1% |
| Furniture and vehicles | 24 | €628 | €368 | -€260 | -41.4% |
| Other tangible fixed assets | 26 | €11,622 | €9,958 | -€1,664 | -14.3% |
| Current assets | 29/58 | €576,464 | €622,329 | +€45,865 | +8.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €103,790 | €332,802 | +€229,013 | +221% |
| Trade receivables | 40 | €78,607 | €111,800 | +€33,194 | +42.2% |
| Other amounts receivable | 41 | €25,183 | €221,002 | +€195,819 | +778% |
| Cash at bank and in hand | 54/58 | €471,077 | €287,835 | -€183,241 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,597 | €1,691 | +€94 | +5.9% |
| Total equity and liabilities | 10/49 | €709,118 | €742,114 | +€32,996 | +4.7% |
| Equity | 10/15 | €649,315 | €507,847 | -€141,468 | -21.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €643,115 | €501,647 | -€141,468 | -22.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €641,260 | €499,792 | -€141,468 | -22.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,803 | €234,267 | +€174,464 | +292% |
| Amounts payable after more than one year | 17 | €12,416 | €0 | -€12,416 | -100% |
| Financial debts | 170/4 | €12,416 | €0 | -€12,416 | -100% |
| Amounts payable within one year | 42/48 | €47,387 | €234,267 | +€186,880 | +394% |
| Current portion of amounts payable after more than one year | 42 | €21,060 | €12,416 | -€8,644 | -41.0% |
| Financial debts | 43 | €245 | €172 | -€72 | -29.6% |
| Credit institutions | 430/8 | €245 | €172 | -€72 | -29.6% |
| Trade debts | 44 | €6,858 | €1,002 | -€5,856 | -85.4% |
| Suppliers | 440/4 | €6,858 | €1,002 | -€5,856 | -85.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,225 | €220,677 | +€201,452 | +1,048% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,761 | €12,869 | +€108 | +0.8% |
| Other operating charges | 640/8 | €2,228 | €2,363 | +€135 | +6.1% |
| Gross operating margin | 9900 | €129,530 | €108,948 | -€20,583 | -15.9% |
| Operating profit (loss) | 9901 | €114,541 | €93,715 | -€20,826 | -18.2% |
| Financial income | 75/76B | €4,388 | €5,995 | +€1,606 | +36.6% |
| Recurring financial income | 75 | €4,388 | €5,995 | +€1,606 | +36.6% |
| Financial charges | 65/66B | €59,441 | €1,677 | -€57,764 | -97.2% |
| Recurring financial charges | 65 | €59,441 | €1,677 | -€57,764 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €59,488 | €98,033 | +€38,545 | +64.8% |
| Income taxes | 67/77 | €25,792 | €27,824 | +€2,031 | +7.9% |
| Profit (loss) for the period | 9904 | €33,696 | €70,209 | +€36,513 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €33,696 | €70,209 | +€36,513 | +108% |
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.