MK: 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.
MK
Largest movements
- Cash +€2,974
up €2,974 (+23.3%), from €12,739 to €15,713
mainly Net result for the year (+€4,784) and Receivables within one year (+€2,425)
- Receivables within one year -€2,425
no longer reported in 2025 (was €2,425)
- Profit (loss) carried forward +€4,784
up €4,784, from -€2,835 to €1,949
- Tax, wage and social debts -€2,778
down €2,778 (-27.5%), from €10,103 to €7,325
of which Taxes: -€1,673
- Trade debts -€1,385
down €1,385 (-59.8%), from €2,315 to €930
- Gross operating margin +€8,596
up €8,596 (+17.7%), from €48,524 to €57,120
- Staff costs +€2,438
up €2,438 (+5.1%), from €48,262 to €50,700
- Other operating charges -€642
down €642 (-43.4%), from €1,477 to €835
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 | €15,783 | €16,404 | +€621 | +3.9% |
| Fixed assets | 21/28 | €619 | €619 | = | 0.0% |
| Tangible fixed assets | 22/27 | €619 | €619 | = | 0.0% |
| Furniture and vehicles | 24 | €619 | €619 | = | 0.0% |
| Current assets | 29/58 | €15,164 | €15,785 | +€621 | +4.1% |
| Amounts receivable within one year | 40/41 | €2,425 | - | -€2,425 | |
| Other amounts receivable | 41 | €2,425 | - | -€2,425 | |
| Cash at bank and in hand | 54/58 | €12,739 | €15,713 | +€2,974 | +23.3% |
| Deferred charges and accrued income | 490/1 | - | €72 | +€72 | |
| Total equity and liabilities | 10/49 | €15,783 | €16,404 | +€621 | +3.9% |
| Equity | 10/15 | €3,365 | €8,149 | +€4,784 | +142.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,835 | €1,949 | +€4,784 | |
| Amounts payable | 17/49 | €12,418 | €8,255 | -€4,163 | -33.5% |
| Amounts payable within one year | 42/48 | €12,418 | €8,255 | -€4,163 | -33.5% |
| Trade debts | 44 | €2,315 | €930 | -€1,385 | -59.8% |
| Suppliers | 440/4 | €2,315 | €930 | -€1,385 | -59.8% |
| Taxes, remuneration and social security | 45 | €10,103 | €7,325 | -€2,778 | -27.5% |
| Taxes | 450/3 | €6,423 | €4,750 | -€1,673 | -26.0% |
| Remuneration and social security | 454/9 | €3,680 | €2,576 | -€1,105 | -30.0% |
| Remuneration, social security and pensions | 62 | €48,262 | €50,700 | +€2,438 | +5.1% |
| Other operating charges | 640/8 | €1,477 | €835 | -€642 | -43.4% |
| Gross operating margin | 9900 | €48,524 | €57,120 | +€8,596 | +17.7% |
| Operating profit (loss) | 9901 | -€1,214 | €5,585 | +€6,799 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -67.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -67.9% |
| Financial charges | 65/66B | €247 | €302 | +€55 | +22.3% |
| Recurring financial charges | 65 | €247 | €302 | +€55 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,460 | €5,284 | +€6,744 | |
| Income taxes | 67/77 | - | €500 | +€500 | |
| Profit (loss) for the period | 9904 | -€1,460 | €4,784 | +€6,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,460 | €4,784 | +€6,244 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.